
BevSpot Blog
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BevSpot is a Smarter Bar Inventory and Bar Management Software company. Follow this blog for trends, advice, data and big stories for the restaurant and bar industry, plus resources to help you grow your bar management strategy.
BevSpot Blog
1y ago
Best Practices and Tools for Success in Recipe Costing
Recipe costing is a crucial aspect of running a successful restaurant. By accurately calculating the cost of each menu item, restaurant owners and managers can make informed decisions, optimize pricing strategies, and ensure profitability. In this blog post, we will delve into the best practices and tools for mastering recipe costing in the culinary world.
Standardize Recipes:
Start by standardizing your recipes to ensure consistency and accurate costing. Clearly define the ingredients, quantities, measurements, and preparation methods for ..read more
BevSpot Blog
1y ago
The Art of Hospitality: Creating Memorable Guest Experiences
Hospitality is the heart and soul of the restaurant industry. Beyond serving delicious food, creating memorable guest experiences is essential for building customer loyalty and establishing a positive reputation. In this blog post, we will explore informative and factual insights into the art of hospitality and how it can elevate your restaurant’s success.
Warm and Welcoming Atmosphere:
The first impression is crucial in setting the stage for a memorable guest experience. Create a warm and welcoming atmosphere by paying attention to ..read more
BevSpot Blog
1y ago
Strategies for Employee Satisfaction and Retention
A positive work culture is essential for fostering employee satisfaction, engagement, and retention. When employees feel valued, supported, and motivated, they are more likely to contribute their best efforts and remain loyal to their organization. In this blog post, we will explore effective strategies for creating a positive work culture that promotes employee satisfaction and retention.
Encourage Open Communication:
Open and transparent communication is the foundation of a positive work culture. Establish channels that encourage employees t ..read more
BevSpot Blog
1y ago
The Importance of Accurate Inventory Valuation
Accurate inventory valuation is a critical component of restaurant accounting. It provides valuable insights into the financial health, profitability, and operational efficiency of a restaurant. In this blog post, we will explore the importance of accurate inventory valuation in restaurant accounting and the implications it has on decision-making and financial reporting.
Cost of Goods Sold (COGS) Calculation:
Accurate inventory valuation is essential for calculating the cost of goods sold (COGS) accurately. COGS represents the direct costs associa ..read more
BevSpot Blog
1y ago
Unleashing the Magic of OCR for Invoice Processing Optical Character Recognition is reshaping invoice processing for the restaurant industry.
Optical Character Recognition (OCR) is reshaping invoice processing for the restaurant industry. It’s like a magical spell that automates data extraction, making your business operations smoother. But to experience the full power of this tech wizardry, we need to get our invoices ready for scanning in the best way possible. So, let’s dive right into why a spick-and-span scanning process is so essential for your invoices, and will lead to an ..read more
BevSpot Blog
2y ago
A Beginner’s Guide to Restaurant Food Costing
Anyone who’s responsible for managing a kitchen knows that one of the most critical aspects of running a successful restaurant is cost management. One area that requires close attention is food costing. With the right approach and tools, you can control your food costs, increasing your margins and profitability. In this post, we’ll give you an introduction into restaurant food costing, providing you with practical tips and tools to implement.
USE OUR FREE FOOD RECIPE COST CALCULATOR Start with an Inventory
The first step in effective food costing i ..read more
BevSpot Blog
2y ago
If you run a bar, you know inventory is the backbone of your business. It’s what keeps you serving or what stops a sale if you don’t have enough of an ingredient on hand. While running out of stock can sometimes be a sign of good business, continuously over or under ordering can create big problems for bars and increase costs and customer dissatisfaction.
The hospitality business can be a challenge, and highly competitive, which means bar owners need to always be on top of costs and stock. This is where inventory management comes in. Proper inventory management can mean the difference be ..read more
BevSpot Blog
2y ago
How this South End staple is gearing up for its fiesta – giving guests more than just your typical margaritas to tacobout.
Situated in the heart of the South End, often deemed as Boston’s best food neighborhood, and nestled in a Condé Nast Traveler’s 2019 #1 Hotel in Boston, The Revolution Hotel, Cósmica is just one of Wildlife Hospitality’s three iconic locations and its only Cal-Mex style restaurant.
That’s why there’s no surprise that Cósmica is planning a Cinco de Mayo celebration that will seemingly be out of this world. Apart from the piñata, they’ve also got a few c ..read more
BevSpot Blog
2y ago
There are countless talented women leaders within the wine industry
To celebrate women’s history month, I’d like to focus on a few that have shaped my palate over the past decade. In my time in the hospitality industry in stints as a restaurant manager, bar manager and beverage director, the following list has left a lasting impression on me of incredible wines at a wide range of price points. Whether stocking your own personal wine rack or searching for new wine features on a menu, these additions speak for themselves while also celebrating talented women leaders in winemaking.
No affiliate l ..read more
BevSpot Blog
2y ago
BevSpot & Clubspeed Partner to Provide Best-In-Class Food & Beverage Management Solutions to Family Entertainment Centers Globally
To learn more about the benefits of using Clubspeed and BevSpot together speak with our team today!
February 17th, 2022 — BevSpot, one of the leading technology companies in the global food and beverage industry, and Clubspeed, the world’s leading venue management software for Family Entertainment Centers, announced a new partnership. The partnership provides a suite of BevSpot’s operational tools including mobile inventory, automated ordering, recipe costi ..read more