article thumbnail

Sales Per Man Hour (SPMH): Understanding and Improving it In Your Restaurant

Synergy Suite

Menu and Pricing Your menu and pricing strategy play a significant role in determining SPMH. An optimized menu can encourage customers to spend more, while pricing strategies can influence their purchasing decisions. A well-thought-out pricing strategy can encourage customers to order more and boost SPMH.

article thumbnail

Restaurant Sales and Revenue Data: What It Is, and How to Use It

Synergy Suite

This could include renting out space or property to other businesses or for events, any sort of income generated from membership or loyalty programs, income generated from partnerships or joint promotions, or income from catering services that are above and beyond the price of just the food.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

All-in-One Restaurant Management System: How the Pieces Fit

Synergy Suite

By analyzing inventory usage, costs, and trends, restaurant owners and managers can identify areas of improvement, optimize menu pricing, and forecast demand. The integration between inventory management and analytics allows for the generation of comprehensive reports on inventory turnover, ingredient costs, and profitability.

article thumbnail

[Guide] Restaurant Management Tips & Tactics: 2019 Field Guide

7 Shifts

Marketing and advertising : Market your restaurant to help achieve optimal restaurant capacity (social media and review management included). Or, you can turn your puzzles into popular dishes by lowering the price. To keep your margins healthy, you need to implement the right food cost controls. Reduce food waste.