Loaded Reports Blog

10 ways to reduce cost of goods in a bar or restaurant.

Posted by Chris Baxter on Jul 18, 2017 1:22:30 PM

For a hospitality site with revenue of $2 million, even a cost of goods reduction of 1% will increase your annual operating profit by $20,000. Take a look at our 10 effective ways to reduce your cost of goods below.

Read More

5 ways to reduce labour cost in a bar or restaurant.

Posted by Chris Baxter on Jul 18, 2017 1:22:08 PM

 

Labour is the second largest expense for a hospitality business, second only to your direct cost of goods. The goal of effective labour management is to have the right number of team members working to give customers a great experience at any given time, but not to have too many people working when customer numbers don't justify it.

Read More

Subscribe to Email Updates

Recent Posts