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Knowledge Base
Dollars and Sense – Is Your Point of Sale System Increasing your Profit?
Many
hospitality businesses invest in a point of sale system simply to take
customer orders, send orders to the kitchen, manage table accounts and
provide a daily cash balance. When this investment can range from
$10,000 to $100,000 then this traditional service and its limitations
should be reviewed.
Read Complete Article.
Shrink your Shrinkage – 10 Tips to Reducing Beverage Cost of Sales
Industry
specialists report that a hospitality business with no stock management
program can have wastage and shrinkage of 10% - 20%. This means for a
business with a $1,000,000 turnover, up to $30,000 - $60,000 per year of
profit gets literally washed down the sink. Reduce your beverage cost
of sales with these handy tips and industry insights.
Read Complete Article.
Wage Woes – Know the Cost of Next Week’s Wages, not Last Week’s
The
cost of staff wages can make up a large portion of a hospitality
business’s operating expenses. They can be the difference between a
profitable month or making a loss. When numbers are tallied only after
wages have been paid, reducing employment costs or sticking to a
pre-determined budget is next to impossible.
Read Complete Article.
Keep ’em Coming – Why Loyalty Systems are Important to Your Business
Industry
statistics show that loyalty members visit 50% more than non-members.
And, when they do visit, they spend four times than other customers. In
the highly competitive hospitality industry, building loyalty means more
that simply offering fantastic service, wonderful food and drinks and a
warm, friendly and unique ambiance.
Read Complete Article.
Recipe for Success – Stock Control in Your Kitchen
How do
you control something so variable as stock levels in the kitchen? Most
businesses simply decide it is to hard to achieve a benefit from the
time necessary to manage stock. But what if there was a system that was
easy to implement, efficient to run and provided accurate data?
Read Complete Article.
- Handheld technology for wait staff has been around since the 1990s with a number of... MORE
- Increase Customer Satisfaction with Stock Control Previously we investigated loyalty systems and how a point... MORE
- In previous posts we discussed how the right point of sale system can increase the... MORE
- Many cafés have had a loyalty system of some sort for many years. Smiley Stamps... MORE
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