Seasonality Can Mean More Money in Your Pocket

/
Seasonality Can Mean More Money in Your Pocket

Seasonal menus seem to come naturally as the year cycles through seasons, but for caterers, it’s more than just a change for comfort and taste — it’s a budget-friendly shift that can help to maintain your profit margins all year round.

As we head into cooler months and the season of holiday celebrations, many catering companies are still in recovery mode from the impact the pandemic has had on the industry. With that in mind, increasing one’s bottom line is more important than ever before.

Adjusting your menus to align with the seasons is an essential strategy for the year ahead for two key reasons:

Read More

What the Shortages Mean for You and Your Kitchen Expenses

/
What the Shortages Mean for You and Your Kitchen Expenses

Labor shortages continue to present a significant challenge to the industry, challenging catering businesses to operate on a skeleton crew to keep customers happy. On the other side of the coin, supply line issues have caused food shortages, limiting product availability across the world.

Each is a tough pill to swallow in their own rights, but together, these challenges put caterers in a difficult spot as they aim to rebuild and return to business as usual. Here’s what these shortages mean for your company and how you can manage them for the foreseeable future.

Read More

Surprising Mistakes Caterers Make That Cut Into Profits

/
Surprising Mistakes Caterers Make That Cut Into Profits

Running a business requires a very careful balance of inflow and outflow to ensure you maintain your profit margins and remain sustainable. One poor decision can impact your bottom line, so it’s essential to be mindful of revenue coming in and expenses going out at any given time.

However, when business is in a constant state of go-go-go, it can be hard to take time out to run the numbers and look for gaps and inefficiencies that are costing you hard-earned money.

We’ve outlined five key mistakes caterers make that reduce their profit margins so you can know what to avoid.

Read More