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MRM Research Roundup: Mid-April 2020 Edition

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the dismal March restaurant sales, security, loyalty, trends and teen consumer behaviors. New York businesses saw a decline beginning as early as March 9, 2020 and now show a 63 percent YOY decline. Emotional Connection and Loyalty.

2020 196
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Top Restaurant POS Features To Look For In 2023

The Restaurant Times

In fact, by 2025, the cloud POS market is expected to reach $6 billion. Increase in Bluetooth incorporations that will minimize wifi hogging and internet costs Customer Loyalty Programs Loyalty programs, which offer incentives and individualized products and experiences, are essential to retaining and attracting customers.

POS 59
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How to Handle Temporary Restaurant Closure during COVID-19

7 Shifts

Consider things like merchandise sales, inventory sales, or private cooking lessons. You can point your restaurant staff towards monetary relief programs offered by the government and other organizations to help them stay afloat if your business closes. Social Distancing” and “Flatten the Curve” are more than buzz words of 2020.

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Why Opening A Takeaway Restaurant In India Is Easier Now

The Restaurant Times

Marketing Of Your Takeaway Restaurant. By this point, you would have certainly thought of the basics like location, uniform design, a logo, a beautiful menu, kitchen staff and the equipment required, and marketing in general. If not, let’s pause to think about marketing a QSR. Lower Operational Costs.

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MRM Franchise Feed: Franchising for Heroes and Shaq-a-Roni for Charity

Modern Restaurant Management

The organization is run by Veterans and former First Responders with a passion for helping heroes in search of their next calling and offers a variety of programs to help veterans and current and former first responders succeed within the franchising space. Jimmy's John's New Incentive Program.

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MRM Research Roundup: Mid-November 2020 Edition

Modern Restaurant Management

Online ordering is obviously huge in 2020, and customers are craving comfort food when they’re ordering in, according to Upserve’s new 2020 State of the Restaurant Industry data collected from the company's 10,000+ restaurant customers. State of the Industry. Holiday Plans Impacted by COVID. The sheer convenience.

2020 161
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Our Guide to Average Gross Profit for Restaurants 

BNG Point of Sale

To calculate your restaurant’s gross profit, you need to subtract the total cost of goods sold (COGS) for a specific period from your total revenue (your total food, beverage, and merchandise sales). For example, let’s say John Doe Bar’s total sales from July to September 2020 were $1.25 Sales revenue . Expenses .