InIn 2024, having a presence across multiple platforms is crucial to staying competitive in the restaurant industry. A strong marketing strategy that leverages a variety of restaurant marketing channels allows you to reach new customers and keep existing ones engaged. This post explores five essential restaurant marketing channels every restaurant should be utilizing and how Clover POS can enhance your ability […]
Month: October 2024
Mastering Restaurant Marketing Goals for 2025: Boost Awareness, Acquisition, and Retention
Crafting Restaurant Marketing Goals for 2025 In today’s competitive landscape, restaurant marketing goals are more important than ever. For restaurants to grow and thrive, they must have clear, measurable goals that align with their brand and customer base. As we look ahead to 2025, defining and tracking these marketing goals can make all the difference between stagnant […]
3 Powerful Components of Restaurant COGS and How to Control Them
The Components of Restaurant COGS: DeVita & Hancock Hospitality At DeVita & Hancock Hospitality, we understand that controlling Cost of Goods Sold (COGS) is fundamental to a restaurant’s profitability. Managing restaurant COGS effectively is essential to maintaining the balance between high-quality food offerings and financial stability. To do this, it’s crucial to break down the core components of restaurant COGS. These […]
Understanding a Restaurant’s Cost of Goods Sold (COGS) and How to Optimize It
5 Powerful Tips for Understanding and Optimizing Your Restaurant’s Cost of Goods Sold (COGS) At DeVita & Hancock Hospitality, we understand that controlling costs is essential to your restaurant’s success, and Restaurant’s Cost of Goods Sold (COGS) is one of the most critical metrics to track. For restaurants, COGS represents the direct costs involved in producing the food […]
5 Essential Strategies for Reducing Food Cost Variance and Boosting Profitability
Reducing Food Cost Variance: A Key to Boosting Profitability At DeVita & Hancock Hospitality, we know that controlling food costs is one of the biggest challenges restaurant operators face. One of the most effective ways to achieve this is by focusing on reducing food cost variance, which is the gap between your actual and theoretical food costs. […]
Understanding the Difference Between Actual and Theoretical Food Costs
At DeVita & Hancock Hospitality, we understand that keeping food costs under control is crucial for the success and profitability of your restaurant. Two essential metrics that every restaurant owner or operator should monitor closely are actual food costs and theoretical food costs. By understanding and managing these key metrics, you can gain a deeper insight into your restaurant’s […]