by Jake Gospodnetich | Jul 22, 2021 | Weekly Articles
When opening a bar, your mind thinks of the drinks you will serve, your bar design, the atmosphere, and your marketing strategies, but one element that should stay top of mind is profit. Having a clear understanding of your costs and maintaining healthy pricing...
by Jake Gospodnetich | Jul 16, 2021 | Weekly Articles
Average Restaurant Revenue In the year 2019, the average restaurant revenue for a new restaurant in the US was $111,860.70 If you’re thinking about coming to the restaurant industry to open a brand-new restaurant, or you are already running a restaurant business...
by Lizzie Wester | Jul 2, 2021 | Weekly Articles
Sometimes in the industry, we forget that most people do not understand its jargon. One prime example of this is the concept of integrated vs non-integrated credit card processing. To clear the air, I wanted to write a quick piece explaining the differences for...
by Jake Gospodnetich | Jun 29, 2021 | Weekly Articles
Pricing Food in the Restaurant Business What is even better than running a restaurant with delicious food? Tasty profits! Yes, there is money to be made in the restaurant industry, but to do it well means knowing the right strategies. Financially, restaurants are one...
by Jake Gospodnetich | Jun 21, 2021 | Weekly Articles
Your Guide to Understanding Restaurant Profits In the restaurant industry, delicious food and restaurant ambiance are often seen as THE KEYS TO SUCCESS! In reality, success also comes from healthy profit, but maintaining an ideal margin is tricky. Restaurant owners...
by Jake Gospodnetich | Jun 16, 2021 | Weekly Articles
Smart Solutions for Added Growth You have done your homework and made careful decisions. Location? Check! Atmosphere? Check! Staff? Check! Delicious menu? Check! Yet even after all this hard work, your restaurant still isn’t seeing the sales you hoped. Why is...
