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Definition of revenue growth strategies

Les Roches

Effective­ leadership and manageme­nt in the sales departme­nt are key as they provide guidance­, training and support to ensure the sale­s team has the right skills and resource­s needed for succe­ss. Training and development of a sales team Sales training can significantly increase ROI (return on investment).

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Prime Costs: Understanding and Application for Restaurants

Synergy Suite

Why Prime Costs Matter in the Restaurant Business The significance of prime costs lies in their comprehensive representation of direct expenses associated with both the production of culinary offerings and the workforce essential to their creation.

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Labor Cost Percentage for Restaurants: The Ins and Outs

Synergy Suite

Benchmarking allows for a contextual understanding of your restaurant’s labor performance in the broader industry landscape. Compare your labor cost percentage to industry benchmarks to assess how efficiently your restaurant manages labor expenses relative to competitors.

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Will the hospitality sector see an end to the cost of living crisis?

Hotel Owner

Having worked in, and managed, multiple establishments and organisations over the course of 25 years, I’ve amassed some diverse experiences that have collectively provided me with a comprehensive understanding of the hospitality landscape. To remain sustainable, we’ve had no choice but to increase our prices correspondingly.

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The Break-Even Point: A Key to Restaurant Financial Success

Synergy Suite

From fluctuating food costs to ever-changing customer preferences, the restaurant industry is known for its volatility. To navigate this complex landscape successfully, restaurant owners need to be savvy not only in the culinary arts but also in financial management. ” What is the Break-Even Point?

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