How to Read a Restaurant P&L (Profit and Loss) Statement + Free Template
Assess the financial health of your restaurant. Our P&L template brings together your sales and costs to calculate your profit.
Assess the financial health of your restaurant. Our P&L template brings together your sales and costs to calculate your profit.
Find out how popular and profitable your menu items are with our menu engineering matrix. Then learn how to modify your menu for more sales.
Running a more efficient restaurant is the key to higher margins. Learn how to lower costs and increase revenue with solutions for your hospitality business.
A lot goes into a great first impression. Here’s how you can create a restaurant brand that new and loyal guests identify with.
Grow profits and happiness this holiday season with six simple tips. Create a warm, efficient space for guests and staff, and keep customers coming back.
How your restaurant can use data-driven loyalty programs to increase revenue.
Making money in restaurants is hard. Here are some ways to reach profitability.
Protect your business with tips on how to identify and report phone, email, and texting scams.
Former Restaurant Owner and Chef Scott Youkilis shares his secrets on how to successfully manage a restaurant.
Handhelds can make your work easier and more profitable. Here's how.
Get a breakdown of how much money you'll need to get your restaurant from concept to profitability.
Director of Marketing Gigi Cohen shares tips for restaurant ads that move the needle.
Spend more time with your staff and guests by implementing restaurant management software. SpotOn's Manager Toolkit will show you how.
Creating and communicating a restaurant schedule can take hours out of your day. But with the right strategies, it doesn't have to.
Learn about restaurant break-even analysis and get our calculator to find your break-even point.
2020 changed the future of the restaurant industry. The COVID-19 pandemic closed dining rooms and created deep fear about dining out. Restaurant sales fell $240 billion short of expectations, Fortune [https://fortune.com/2021/01/26/restaurants-bars-closed-2020-jobs-lost-how-many-have-closed-us-covid-pandemic-stimulus-unemployment/] reports, and more than 110,000 restaurants in the United States closed in...
The heart and hustle that small business owners show every day—and especially over the last year—has shown us exactly what’s important at SpotOn. It’s reaffirmed why we do what we do: provide you with innovative tools to grow your business, backed by the personalized service and...
Studies have shown that if you increase your customer retention rate by just 5 percent, your profits will grow by 25 to 95 percent. Offering a loyalty rewards [https://www.spoton.com/software/loyalty] program is a great way to do just that, and at SpotOn, we’ve seen this...
We are thrilled to announce SpotOn Terminal, an all-in-one smart-device made for payments, loyalty, and data tools to run businesses. Simplifying things and saving costs is important while running a business, especially with the COVID-19 pandemic still surging. Thanks to SpotOn’s innovative software, you can grow revenue and increase...
The $1.9 trillion-dollar American Relief Act was signed into law on Thursday, March 11, 2021. Among the various aid packages, the $28.6 billion Restaurant Revitalization fund is the first relief directed to the restaurant industry. We’re breaking down everything you need to know about the fund and...
Today, consumers are doing nearly everything online — from shopping for clothing and personal care items to visiting their doctor, and even catching a ride from place to place. They're also ordering breakfast, lunch, and dinner with the press of a few buttons. But the rise in online ordering...