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Gross Profit Margin: A Guide for Restaurants

Synergy Suite

By comprehending the distinctions between these metrics, restaurant professionals can make informed decisions, identify areas for improvement, and maintain a robust financial foundation in the ever-competitive restaurant industry. Find more information to Understanding a Restaurant Profit and Loss Statement.

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How to Wield Restaurant Food Costs to Your Advantage

MBB Hospitality

This granular approach helps in making informed decisions about menu design, portion sizes, and pricing, ensuring that each dish contributes positively to your bottom line. Leveraging technology can streamline these processes, reducing waste and ensuring precise portion control.

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2023 Outlook: Trends and Challenges Restaurants Will See, Part One

Modern Restaurant Management

Restaurants will increasingly become more reliant on using their transaction data to inform and automate their businesses. Collaborations : Collaborations, such as partnering with a well-known designer on staff uniforms or bringing in guest chefs for special events and pop-ups, will continue to capture consumer attention.

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EZ PPP Forgiveness App and Yelp’s New COVID Help

Modern Restaurant Management

By making our invoice digitization and recognition software available free of charge, we’re giving any restaurant the capability to better monitor their spend, make more informed purchasing decisions, and ultimately, improve margins.” Food and Drug Administration and local health department guidelines. Food & Facilities.