Ultimate Guide to Restaurant Inventory Management—How Multi-Unit Restaurants Minimise Food Waste and Costs
Imagine cutting your food costs by 10% while ensuring every dish you serve is fresh and high-quality—effective restaurant inventory management can make this a reality. According to a survey by POS provider TouchBistro, 58% of restaurant operators cite rising inventory costs as their primary financial strain. If you’re looking to control these expenses, you’re not […]
What is a Ghost Kitchen? Winning Models, Trends, and Opportunities
Every few months, a media article declares the death of ghost kitchens as a viable business model. Market data, however, tells a different story. According to Statista, in 2023, the revenue of online food delivery was estimated at over $1 trillion, and it is expected to hold a 50% share of the drive-thru and takeaway […]
Top 6 Cloud Kitchen Business Models You Need to Know About
Here’s the thing — this was supposed to turn into a be-all-end-all post on the topic of cloud kitchen business models. At least, that was the plan until I hit the research equivalent of a brick wall. The fact of the matter is that cloud kitchen business models are still evolving. They are a smörgåsbord […]
Menu Development: 12 Steps for Success
Whether launching a new concept or expanding into a different market, menu development is critical for a restaurant’s success. That means balancing brilliant ideas with practicality and taking the time to consider all variables that can impact food costs, menu scalability, and customer first impressions. Setting a final menu takes time, because there are many […]
7 Causes for Variance Between Actual and Ideal Food Cost
Food cost control is crucial for profitability in hospitality. You need to know how to calculate food cost accurately. If the actual food cost in your restaurant or hotel is higher than the ideal food cost (aka theoretical or target food cost), the reason for this can always be traced back to one or more of […]
5 Top MarketMan Competitors and Alternatives (Compared)
The right restaurant management software significantly enhances efficiency and control of operating costs. MarketMan offers tools for automating invoicing, recipe costing, and food cost calculations, making it a popular choice among restaurateurs. However, with numerous similar systems available, tailored to various types of food service operations and specific use cases, you might ask, ‘Which software […]
Menu Engineering: A Proven Strategy to Increase Restaurant Profits
Is your approach to menu engineering limited to periodic redesigns and minor pricing adjustments? If so, you’re missing out on significant revenue opportunities. Menu engineering is far more than a prelude to visual tweaks and price corrections—it’s a strategic, ongoing process that can unlock substantial profits. Consistent menu engineering can add between 10 to 15% […]
Essential Restaurant Reports: Key Insights for Successful Operations
Restaurant reports turn chaotic data into clear, digestible information. They allow you to compare performance across dishes, menus, and locations. Combined with restaurant analytics software, they allow you to uncover insights hidden in the raw data. You can dig into the details and get a high-level overview of performance, efficiency, and profitability. In this article, […]
43 Simple Yet Effective Restaurant Marketing Tips and Examples For Growing Foodservice Operations
Some restaurants immediately thrive in a new location, while others can barely keep their heads above water. At first glance, they look equally good: the food is excellent, the staff friendly, the price right and everything well organised. But while one attracts a large crowd, the other seems to have more staff than guests. If […]
