As a restaurant owner, you may face a wide array of business challenges as long as your restaurant is operating. How do I increase sales? How do I make a profit? What’s my ideal cost of goods sold? How do I lower my operating expenses? Are my permits ready to go? These are good initial […]
Tag Archives: Restaurant Menu Profitability Analysis
How To Do Menu Engineering To Increase Your Profits
The food and restaurant business is a highly competitive one. Hence, entrepreneurs and marketers in this field are always thinking of ways to differentiate. Experts will tell you that the devil is in the details. So with restaurant marketing, your best strategies aren’t always “out there,” but in your current practices. Take your restaurant menu […]
How To Create The Perfect Holiday Menu
The restaurant business tends to get a boost during holidays, as high as up to 306 % percent! People have more free time to spend with loved ones, so naturally, they tend to go out to enjoy a nice dinner somewhere outside. And while the holidays usually bring more business, they also require extra work […]
Menu Pricing Methods: Which one is right for you?
In one of previous articles, we have talked about two main menu pricing strategies and shared tips for designing your menu. Today we want to introduce five menu pricing methods that restaurants can apply when pricing their menus.. We will emphasize the pros and cons of all restaurant menu pricing methods and show what’s the […]
How Many Items Should Be On A Restaurant Menu
Imagine walking into a five-restaurant. The lights are warm and dim enough to not strain your eyes, and the seats make it feel like you’re sitting on clouds. The server glides to your table almost as if he’s floating on a magic carpet. He takes a menu from his side and hands it to you. […]