Category: Sales

• Sales

  Engaging with Local Communities

  Engaging with local communities is not just a noble endeavor but a strategic business move that can significantly boost a restaurant’s profitability by increasing foot traffic. By forging connections with schools, churches, universities, hospitals, and other local businesses, restaurant operators become integrated members of the community, rather than isolated entities.…

  June 29, 2023
• Sales

  Navigating the Necessary Evil: Raising Prices in the Restaurant Industry

  Raising prices in the restaurant industry is an unavoidable and often complex process referred to as a “necessary evil.” As restaurant operators grapple with wage and food inflation, they must find ways to pass along these increases to customers to maintain profitability without alienating them. Determining the right time to…

  June 26, 2023
• Sales

  Understand Profit/Loss by Sales Channel

  The restaurant business is multifaceted, encompassing various sales channels each presenting unique challenges, opportunities, and profit margins. The dynamics of dine-in, drive-thru, take-out, delivery, catering, and other emerging channels create an intricate landscape that demands careful consideration. Each sales channel in the restaurant industry offers distinct challenges and opportunities, influencing…

  June 22, 2023