How to increase profit margins for restaurants without raising prices?

How to increase profit margins for restaurants without raising prices? When attempting to increase revenue and maximize profit, many restaurateurs are choosing to increase prices. However, a price hike could have a negative impact on your reputation, customer satisfaction, and even your future. In many cases, raising your prices can alienate your loyal customers or […]

How To Increase Profits and/or Traffic Without Discounting Or Even Asking For Donations

How to Increase Profits and/or Traffic Without Discounting Or Even Asking For Donations? Consumers make purchases usually two ways. They base their decision on either PRICE or VALUE. Unfortunately, almost every business that sells a product or service to the general public uses PRICE (discounts) to attract potential buyers. Some cannot – such as insurance […]