n Spoiled Food Equals Sunk CostsAny business owner knows sunk costs are both frustrating and unavoidable. Yet, they can be significantly reduced if well-managed, especially with tools like IoT temperature monitoring.You see, perishable products received by a restaurant become inventory in the accounting world, intended on being used to create the products sold. If meats, produce, and dairy ingredients are not stored properly, the money spent is simply lost when the food is tossed.By utilizing IoT
n
Tag: avoid waste
Are You Losing Money? Avoid Waste & Controlling Costs for Your Restaurant
Understanding how to control food costs in restaurants is paramount to its success. Just imagine all the time, investment, dedication, development, and staffing that went into building your restaurant, only to learn you’re losing profits 5-years out because you aren’t controlling costs and inventory appropriately. How do you avoid falling into this trap and becoming a statistic? As...Continue reading
How Rising Gas Prices Will Impact Your Restaurant
As the summer season carries on, gas prices continue to skyrocket. Transportation costs affect business owners in many ways, especially those running a restaurant. Every meal comes with hidden costs that can add up over time. So it’s important to know how the economy can affect your restaurant, and what you can do to keep...Continue reading
Our Energy-Saving Strategy is Effective Because it’s Unique
GWT2Energy cares about your restaurant. After all, we specialize in the restaurant industry, making our success dependent upon yours. From supply side to demand side, our solutions are based on an owner’s perspective, fully customized, and comprehensive. Specializing in the restaurant industry means we are equipped with a unique full-service strategy that is proven to...Continue reading
The Benefits of an Energy Management Plan in Restaurants
When you own or manage a restaurant, you know that cost savings are critical to ensuring your restaurant is able to run smoothly. In many cases, you may resort to extreme measures in order to cut costs where you can. Clearly, this is about more than just the dreaded thermostat wars that can take place...Continue reading
Driving Revenue and Customer Traffic through Restaurant Sustainability Efforts
As a food and beverage professional, you’re fully aware that nothing can make or break your business like perception! We all know the buzzwords and phrases: farm to table, eco-friendly, environmental awareness, and sustainability. Gone are the days when the tangibles were all that we had to rely on to drive traffic and revenue. Put out...Continue reading
Five key benefits of Cloud-based Energy Management Systems for Restaurants
Having a cloud-based Energy Management System (EMS) can provide multiple benefits for every restaurant owner. 1. Reduce Energy Use –Take a peek into individual restaurants or all of them to evaluate energy costs and compare performance across all of your restaurants. 2. Guest Comfort – In many restaurants, the guests will put sweaters and jackets on even...Continue reading