FOODSERVICE UPDATES
  • Foodservice Updates
  • Trends
    • Commodities
  • Digital Media
  • Technology
  • Safety
  • Corona News
  • Management Tips
  • Free Newsletter
  • Recipes
    • Mains
    • Soups & Sauces
    • Salads
    • Desserts & Snacks
    • Sides
  • Corona Virus Guidance

​Know your profit predictors

2/18/2019

0 Comments

 
profit predictor
Mining your data will take you far in predicting your sales and labor needs, but it may not cover all your bases. Factors that are a little less predictable — like a Nor’easter, for example — can catch you unprepared. In addition to monitoring the weather, Upserve advises you to keep tabs on a number of other factors that can send your business on a wild ride if you don’t prepare. At a time when delivery is on the rise, watch for promotions from third-party providers and prepare for a potential spike in delivery business when they offer discounts. Also keep an eye on local events that might bump up your foot traffic and bring in guests from out of town who wouldn’t normally be filling your dining area. Economic factors like fuel prices can have an impact, too, perhaps causing a dip in your dining room business if not business overall.
0 Comments



Leave a Reply.

    Subscribe to our newsletter

    Picture
    Picture
    Picture
    Picture
    Picture
    Picture

    RSS Feed

    Archives

    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018

    Categories

    All
    Accounting
    App
    Brands
    Budget
    CARES Act
    Carry Out
    Catering
    Charity
    Communication
    Corona Virus
    Corona-virus
    Costs
    Crisis
    Data
    Delivery
    Dining
    Distributor
    Donations
    Drive Thru
    Drive-thru
    Energy
    Events
    Family
    Financing
    Fish
    Foodcosts
    Food Costs
    Food Safety
    Foodtruck
    Food Truck
    Fraud
    Ghost Kitchen
    Gift Cards
    Hiring
    Holidays
    Hr
    Insurance
    Inventory
    Investment
    Kitchen
    Legislation
    Lighting
    Limitedtimeoffer
    Local
    Loyalty Programs
    Management
    Marketing
    Menu
    Message
    Negotiation
    Networks
    Noise
    Orders
    Packaging
    Pop Up
    Pop-up
    Pos
    Recycling
    Reopening
    Safety
    Service
    Staff
    Staffing
    Subscription
    Take Out
    Take-out
    Tariffs
    Tech
    Thanksgiving
    Training
    Transparency
    Trends
    Ventilation
    Waste
    Wi-fi

Get our Free Newsletter
Team Four Foodservice
​Recipes
Corona Virus Resources
Value 4
Quarterly Outlook
​Palette Foodservice
​
Foodservice CEO
© 2021 Team Four Foodservice
  • Foodservice Updates
  • Trends
    • Commodities
  • Digital Media
  • Technology
  • Safety
  • Corona News
  • Management Tips
  • Free Newsletter
  • Recipes
    • Mains
    • Soups & Sauces
    • Salads
    • Desserts & Snacks
    • Sides
  • Corona Virus Guidance