Tag: Restaurant Revenue
-
Increasing Party Size for Enhanced Revenue and Guest Experience

Increasing the number of people per transaction in a restaurant is a multifaceted strategy that can enhance both revenue and guest experience, requiring attention to various aspects. Creating group-friendly menus with shareable platters, family-sized meals, or tasting menus encourages groups to dine together. Coupled with targeted promotions such as offering…
-
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…