Remove Portion Control Remove Pricing Remove Procurement Remove Scheduling
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Utilizing Waste and Food Cost Control Data in Restaurants

Synergy Suite

From deciphering the components of the equation to scrutinizing key data points, let’s delve into the essential elements that define effective cost control in the culinary world. What is Waste and Food Cost Control? Monitor portion control and inventory to control costs.

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Prime Costs: Understanding and Application for Restaurants

Synergy Suite

They serve as a compass, guiding decisions on pricing strategies, menu development, and staffing levels, ultimately influencing the delicate balance between offering high-quality cuisine and ensuring the establishment’s profitability. For restaurant owners and managers, understanding and effectively managing prime costs are paramount.

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Gross Profit Margin: A Guide for Restaurants

Synergy Suite

Analyze the gross profit margin to understand how efficiently you’re managing costs and pricing your menu items. Gross profit is a critical indicator of the core profitability of a restaurant’s menu items, reflecting how efficiently it manages costs and pricing.

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4 Proven Strategies Operators in Saudi Arabia Must Know To Grow Their Restaurant Profit Margin

The Restaurant Times

Adopt measures to decrease the amount of food you throw away by focusing on correct portion control. Negotiate better prices with suppliers. Pricing and designing the menu the right way will help in cutting down the food costs marginally. Try Decreasing Overheads. Reducing waste from spoilage and ordering mistakes.

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COGS: Cost of Goods Sold Considerations for Your Restaurant Business

Synergy Suite

A high COGS percentage signals that a significant portion of revenue is channeled towards covering production costs, potentially impacting overall profitability. Understanding these trends can help you make informed decisions about pricing, menu adjustments, and inventory management.

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EZ PPP Forgiveness App and Yelp’s New COVID Help

Modern Restaurant Management

” Features include: Ingredient Price Tracker — Monitor item price fluctuations to audit and avoid vendor discrepancies. Product Catalog — View and manage the details of all products the restaurant has purchased, including units of measurement, price, and quantity. Benefits anyone who has a busy schedule.