When it comes to restaurant management, having a sound business plan is essential for long-term success. Unfortunately, many restaurateurs make common mistakes when creating their plans, leading to trouble down the road. To ensure you do not make the same errors, it is important to know what mistakes restaurant owners makeand how to avoid them.
Do not Make These 5 Common Mistakes in Your Restaurant Business Plan
Aug 30, 2024 11:56:02 AM / by Team STO posted in Hospitality Management Software, Restaurant management software, best restaurant management software, Restaurant management system
Effective Procurement Strategy: Thrive in Today's Business Climate
Aug 30, 2024 11:51:48 AM / by Team STO posted in restaurants, hospitality, supply chain, procurement management software, Hospitality Management Software, procurement, UK businesses
As a result of rising global inflation, many UK businesses—including the hospitality sector—are facing increased costs. We are feeling the effects of a fuel crisis, which has driven up utility costs and led to weekly notifications from suppliers about price increases. Also, Ukraine's conflict with Russia is restricting grain exports by that country—a significant supplier of sunflower oil (also used in biodiesel). As economic conditions continue to change, businesses must focus on cost controls and sound purchasing practices.
Do's and Don't of Starting a Bakery
May 24, 2024 3:30:19 PM / by Team STO posted in Hospitality Management Software, Best Recipe Management Software, Bakery, Bakery Business
Do you have a dream to see your love for baking transform into a successful bakery business?
How to Start a Restaurant Business in the UK: A Comprehensive Guide for 2024
Mar 27, 2024 10:50:27 AM / by Team STO posted in Hospitality Management Software, restaurants/bars, Hospitality Industry Solutions, Restaurant Inventory, UK Guide 2024, restaurant in the UK
SIP INTO THE SEASON WITH THESE 10 FESTIVE CHRISTMAS COCKTAILS 🍹
Dec 21, 2023 2:45:53 PM / by Team STO posted in Hospitality Management Software, Hospitality Tips & Updates, stocktake online, Christmas, Christmas Cocktails, Cocktails
As the holiday season descends upon us, let's indulge in some delightful yet effortless festive Christmas cocktails to spread cheer. Whether a host of a merry gathering or merely relaxing by your fireplace; these handcrafted concoctions promise to infuse an extra touch of merriment into your celebrations. Explore with us now 10 Christmas cocktails that will undoubtedly brighten your spirits. Make it easy for you with our franchise management systemservices.
#SixInnovativeStrategies to Boost Your Restaurant Sales
Nov 16, 2023 9:46:15 AM / by Team STO posted in Hospitality Management Software, Best Recipe Management Software, #SixInnovativeStrategies, Boost Your Restaurant Sales, Restaurant Sales
The perpetual goal in the fiercely competitive restaurant industry remains to increase restaurant profit margin. Offering exceptional food and service proves essential but, adopting modern techniques can provide an edge over competitors. These strategies can markedly boost your restaurant's revenue without excessive expenditure stay tuned to read more.
The Impact of Economic Changes on the Hospitality Industry
Oct 25, 2023 10:48:00 AM / by Team STO posted in Hospitality Management Software, Restaurant Inventory Management, Restaurant management software, Hospitality Tips & Updates, stocktake online, Hospitality Industry Solutions
In times the hospitality sector in the UK has encountered hurdles and amidst these challenges, a recession has further intensified the situation. Let us delve into how this economic downturn has impacted the UK hospitality market and delve into how businesses have relied on tools like StockTake Online and restaurant management software to weather this storm.
#5 Strategies to Enhance Restaurant Performance Amid Uncertain Times
Oct 23, 2023 10:09:04 AM / by Team STO posted in Hospitality Management Software, Restaurant Inventory Management, Restaurant management software, Hospitality Tips & Updates, stocktake online, Enhance Restaurant Performance, restaurant tech, boost restaurant revenue, Hospitality Industry Solutions
In the ever-changing landscape of the #restaurantindustry, the ability to adapt and thrive during uncertain times is crucial. As #restaurants face challenges, such as fluctuating customer demands, supply chain disruptions, and unforeseen events, it becomes essential for owners and managers to implement effective strategies to boost their restaurant's performance.
Automate Recipe Calculations and Cut Low-Margin Items with StockTake Online
Oct 20, 2023 7:42:54 AM / by Team STO posted in Hospitality Management Software, Restaurant management software, best restaurant management software, Hospitality Tips & Updates, Best Recipe Management Software in the UK, menu costing, recipe management system, stocktake online, Automate Recipe Calculations
Running a successful restaurant requires a lot of work, but with StockTake Online, it just got a lot easier, especially during times of recession. What you need is a recipe management system that enables restaurant owners to automate their recipe costing and eliminate low-margin items from their menus, which is even more crucial in a recession.
#5 Tactics to Dampen The Effects of Inflation on Restaurant Profitability
Jun 22, 2023 2:25:54 PM / by Team STO posted in Hospitality Management Software, Restaurant management software, stock control software
Inflation can have a serious impact on restaurant profitability, but there are several tactics that restaurateurs can use to minimize the impact. StockTakeOnline's restaurant management software can help you take advantage of these tactics and ensure that your restaurant remains profitable despite inflation with proper management.