During the COVID-19 pandemic, running smooth restaurant operations has become harder than ever. Thankfully, some surefire tips can help.
Press Release 7shifts, which provides cloud-based solutions to help restaurant managers schedule, evaluate, and communicate with their workforce, announced the release of their latest product offering that provides real-time labour intelligence across all locations. The Enterprise Dashboard tracks key metrics such as total sales, labour percentage, sales per labour hour and overtime in real-time. Restaurant […]
By Geoff Wilson and Andrew Waddington, fsSTRATEGY Inc. There is no question that profit margins in restaurants are sensitive to changes in labour cost. As a prime cost, labour cost comprises nearly one-third of revenue; second only to (in fact, sometimes greater than) cost of goods sold. The degree to which a restaurant may shoulder […]
By Ryan Karolak If you’re in the restaurant world then you are well aware that margins are slim and competition is fierce. High food quality, a great staff and a strong reputation are increasingly necessary to survive as a restaurant in a big city. Of course, all of these things independently cost a lot of […]