Remove Portion Control Remove Pricing Remove Special Events Remove Supply Chain
article thumbnail

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.

article thumbnail

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

Modern Restaurant Management

Development will be deliberate and strategic as supply chain will remain a challenge in the new year." Consumers are realizing it’s a delicious wine with a good price point. Fast casual will continue to shine as it has since the pandemic generating the highest asking prices in the marketplace.

Pricing 167