Being in the restaurant industry is not without challenges, one of which is making enough money to keep your doors open. This is why your restaurant profit margin is one of the defining factors of the success of your business. Profit is what’s left over after you subtract your expenses from your gross revenue. And Read More →
Articles about
Restaurant Management
Restaurant Management
8 Tips on How to Run a Successful Restaurant and Bar
There are many components that go into running a successful bar or restaurant. You want your customers to have a great experience. You want to be consistently busy. And of course, you want to run a profitable business. The bar and restaurant business is highly competitive – you need to attract customers to have a Read More →
9 Techniques for Successful Restaurant Inventory Management
Whether you have a restaurant or bar, one of the most important things you’re most likely concerned about is your inventory. How are you going to efficiently manage your restaurant inventory so that you can prevent loss? The best way is to employ a reliable system for inventory management so that you can accurately keep Read More →
How to Calculate the Break-Even for Restaurants?
There is a myriad of things you should pay attention to when opening a restaurant. Whether it’s the size of your menu, the price of the venue, or labor expenses – it all has to be accounted for before you actually open the doors to the public. On top of that, the second most important Read More →
13 Money Saving Tips For Bar and Restaurant Owners
While owning a bar might sound cool and awesome, it’s actually quite a challenge. You, as an owner, have to think about every aspect of your business in order to keep it functional and on a par with the competition. Some aspects of your business, such as employee morale, are relatively easy to tweak and Read More →
Cash Handling Policy for Restaurant
Properly handling cash is one of the crucial things you should think about when running a business, especially if you’re struggling to find a trustworthy individual who can deal with this task without you having to intervene much. In fact, successful cash handling comes down to three things: accountability, trustworthy staff, and proper policies. If Read More →
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