Month: February 2024

93 Restaurant Industry Statistics Every Food Service Operator Needs to Know in 2024

2023 has been a challenging year for restaurant operators, caught as they were between rising food costs and labour shortages. …

2 months ago

Recipe Costing for Restaurants: What it is, Why It is Important and How to Calculate Ingredient Costs and Dish Margins  

This guide covers the essentials of recipe costing, including the benefits of proper calculations and the best formula to use.…

2 months ago

Secrets to Restaurant Success with Misa Järvinen of Restel, Taco Bell Finland

"We don't just pass on higher costs to the customer. We closely track food costs and look for other solutions.…

2 months ago

Which Restaurant Innovations Are Here To Stay

The restaurant industry is in full transformation.  It’s looking for new and better ways to handle changing customer preferences, rising…

2 months ago

Hospitality Industry — Inventory & Purchasing Practices to Slash Food Costs in Your Hotel F&B Operations

Keeping tabs on food costs is essential for hotel profitability. Obviously, you say? Sure, the maths are easy: revenue -…

2 months ago

How to Calculate Inventory PAR Levels

Tight inventory management is crucial to the profitability of any restaurant business, but it’s especially important for multi-outlet businesses, where…

2 months ago

Restaurant Operations Management: Definition, Duties, and Use Cases  

Success for a waiter is in providing everything the customer needs while they barely notice what you are doing.  Similarly,…

3 months ago

How to Calculate Food Cost? Formulas for Chefs and F&B managers

Calculate food cost and boost profit; it is the first lesson anyone working in the restaurant business learns.  And rightly…

3 months ago