Finding the Right Food Suppliers for Your Restaurant
Factors to Consider When Choosing Food Suppliers Quality of Products The first and most important attribute of a restaurant food supplier is that they have high-quality products. However talented your chef is, they can’t overcome poor ingredients, so make sure your suppliers have fresh, quality goods. On each delivery, carefully assess incoming produce to ensure […]
Why You Should Embrace Technology in Restaurants
Why You Should Embrace Technology in Restaurants Even before the COVID-19 pandemic, technology for restaurants was already on the upswing. From tech-friendly POS systems to restaurant bookkeeping, many restaurants have adopted innovative technological tools, whether from customer-facing or internal accounting platforms. Once the pandemic hit, those restaurants that were able to implement restaurant technology survived […]
Restaurant Menu Pricing: The Secret to Your Restaurant Success
Restaurant Menu Pricing: The Secret to your Restaurant’s Success What’s the one key ingredient – figuratively speaking – of your restaurant’s ultimate success? Some restaurant or bar owners think it’s all about location, location, location. Others may lean toward a loyal customer base. And don’t forget about seasonal swings and capitalizing on the “perfect timing” […]
How do Successful Restaurants Manage Inventory?
What’s the Best Way to Manage Your Restaurant Inventory? What is inventory management? How do successful restaurants manage inventory? Does your restaurant have a sound strategy for this critical restaurant to-do? You have questions about restaurant inventory management…and RASI has the answers! Our restaurant accounting software, including a powerful inventory management application, helps restaurants just like […]
How to Calculate Food Cost
The Importance of Calculating Food Costs Every restaurant operator has a multitude of responsibilities. From profit optimization to menu engineering, there’s never a shortage of factors to contend with. Thanks to recent spikes in inflation and rising costs, food cost percentage is suddenly back as a hot topic — and for good reason. By even […]
The Best Way to Maximize Restaurant Operations Management
What is restaurant operations management? Running a restaurant only yields successful results when a clear and actionable playbook is in place to guide your team. These data-based guidelines for managing your kitchen, front of house, finances, and day-to-day functions are the keys to proficient restaurant operations management. They enable you to consistently review and execute […]
How to Calculate Your Restaurant Prime Costs
Now is an excellent time of year for operators to look back at their prime costs and determine where they can increase efficiencies and decrease costs. Industry supply/transportation issues and labor shortages control much of the conversation these days. Having proper tools to keep tight control of your prime costs is essential to operational efficiency and profitability. […]
How To Accurately Calculate Liquor Cost in Your Restaurant or Bar
Understanding your restaurant’s COGS (cost of goods or cost of sales – the cost of the goods you purchase and utilize to create revenue) is the key to success for every well-run restaurant. As every operator knows, industry margins are paper-thin. To become profitable, you must gain an accurate handle on how to control COGS in […]