How to Improve Your Cost of Goods Sold (COGS)
What steps can you take to improve your restaurant’s COGS? DEFINITIONS What is cost of goods sold? Food. Beverage. Paper. COGS: Largest expense as an operator; challenging to control and maintain. What hurts COGS? Missed forecasting, ordering/receiving errors, transfers/borrow and loan, inventory control, unintentional loss/waste, Poor training Steps you can take Sales Forecasting Calendars: remember first quarter events like […]
5 Ways Technology Can Help You Survive Minimum Wage Hikes
Minimum Wage hikes According to money.cnn.com by July 2021 fast food workers in New York City will have a minimum wage or living wage increases up to $15/hour. This increase in minimum wage is making waves across the country–most recently, Massachusetts also agreed to lift their minimum wage to $11.75 with rates expected to increase […]
The Dish Market Report – July 12, 2018
Top of Mind News QSR invoices: Your direct line into a mother lode of savings Which Restaurant Chains are Winning at Cleanliness Deep dish dive: Pizza insights you need to know Why Employee Recognition Matters in a Restaurant The Farm Poultry For the week ending June 30th, chicken production rose 1.2% from the previous […]