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Pro Tip: Operating Multiple Restaurant Units
If you run multiple restaurant locations, don’t manage them in silos. Comparing key metrics like turn time, food cost, labor spend, and ticket size helps identify top-performing stores—and apply those insights system-wide.
4 Restaurant Finance Golden Rules All Owners Should Remember
As with any business, staying on top of your restaurant’s finances is essential to success. It is crucial to know what you are earning and what you are spending — and the difference between the two.
Companies: Not Helicopter Parents
Many organizations tend to replicate the roles of children, adults and parents. In the workplace, some of those same characteristics can manifest among managers and their team members.
3 Inventory Management Issues for Restaurants with Solutions
Managing your inventory is one of the most important tasks when running a profitable restaurant. Food and beverage costs are one of your largest expenses in the restaurant. A properly conducted inventory is essential to your restaurant’s success.
Understanding the Pros and Cons of Franchises
Types of businesses available in franchise form include everything from popular restaurants to cleaning services and retail stores to auto service centers. When you buy a franchise, you are often able to sell goods and services that already have name recognition.
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