Modern Restaurant Management

SEPTEMBER 22, 2021

Make sure you do a projection and daily audit to ensure your payroll costs are commensurate with your current revenue. Food and Beverage Inventory and Paper Supplies. Similar to your payroll expenses, your food and beverage expenses are going to vary depending on the type of restaurant you run.

License 178

License Employee Relations Equipment Food Supply 178

Hot Schedules

OCTOBER 5, 2021

F ood and beverage suppliers play a key role in the success of your restaurant. Like any new relationship, the beginning can be harmonious and productive, but it takes constant effort to ensure your food and beverage suppliers remain Grade-A. Make Sure Your Food Suppliers are Grade-A. b3lineicon|b3icon-computer-rocket|?|Computer

Food Supply 137

Food Supply Food Mobile Ordering Inventory 137

Modern Restaurant Management

JULY 9, 2021

The NSF has a standards team that facilitates the development of public health standards, and a service team that test, audit, and certify products and services – which brings us to NSF Certification.

Certification 187

Certification Food Safety Audits 2011 187

Crunchtime

FEBRUARY 7, 2024

Inventory audit: different products and items run out of stock more quickly than others; standardizing the expectations for when and how frequently each product should be prepared or restocked. Or if an employee says that the beverages have not been restocked, automatically assign them a task to restock it by a certain time.

Operations 78

Operations Audits Cash Management Food Safety 78

Bar and Restaurant Coach

SEPTEMBER 13, 2019

A handful of viewers who watch these “save my store” shows will be able to see through the drama-soaked episodes and learn from a common thread: That most businesses in the hospitality industry run into trouble when they don’t focus on (to name a few): liquor inventory control. staff & management training and responsibilities.

Bar 77

Bar Audits Coaching Inventory 77

Tableo

JULY 14, 2023

Conduct a waste audit You must first identify the source of food waste in order to address it effectively. Pinpoint the exact places and procedures in your restaurant that produce the most waste by conducting a waste audit. Improve inventory control Managing inventories well is crucial for decreasing food waste.

Waste 52

Waste Sustainability Food Audits 52

Modern Restaurant Management

DECEMBER 16, 2021

Operators should gravitate towards technology to automate inventory and track costs and sales to determine the best course of action. We’ll move towards a continuous quality model with more self-assessments and collaborative coaching vs. traditional onsite audits. An increase in data visibility and recency.

2022 180

2022 Food Supply Back of House Kitchen Safety 180

Restaurant365

NOVEMBER 30, 2021

No matter what laws your restaurant group falls under, it is beneficial to prioritize recordkeeping and audit trails to demonstrate compliance with labor and pay regulations. With payroll software, you can have access to a full audit trail with information stored in a secure database. Conclusion. Ask for a demo of Restaurant365.

Restaurant Law 146

Restaurant Law Audits Point of Sale Insurance 146

Restaurant365

DECEMBER 17, 2020

Accuracy in these numbers is key to remaining compliant in case of an audit. The IRS has always done audits for organizations on employment tax issues, which included reviewing Form W-9 and 1099 compliance. As a result, Form 1099 audits are becoming more common. State-level interest in increased audits stems from a couple areas.

Audits 78

Audits Document 2020 Delivery 78

The Restaurant Times

SEPTEMBER 16, 2021

Monitoring employee performance, providing excellent customer service, and maintaining accurate inventory are necessary measures to ensure that your restaurant runs smoothly and profitably. Behind the scenes, the POS software captures and processes payments, tracks inventory, collect consumer information and sends reordering reminders.

POS 52

POS Point of Sale Inventory Consumer Goods 52

Restaurant365

AUGUST 19, 2020

There are some general areas to focus on when starting to audit your human resources information systems (HRIS) and payroll systems. Some localities may require a bartending license or certificate to serve alcoholic beverages, although this requirement varies by state or municipality. Tailor your hiring and recruiting practices.

Restaurant Law 131

Restaurant Law Recruiting Employee Relations Food Safety 131

Restaurant365

AUGUST 12, 2021

Add in all of the invoices, orders, and inventory you are tracking. You can end up with issues like managers overspending on labor or inventory over an extended period, requiring you to make major, rapid adjustments at the end of the period to meet targets. Think about how many transactions you do in a day.

Leadership 78

Leadership Inventory Hiring Point of Sale 78

Touch Bistro

MAY 10, 2021

Conduct a Food Waste Audit. Next, if you’ve been following restaurant inventory best practices , you should be able to compare the information on your food waste tracker with data from your POS system’s inventory reports to pinpoint where your waste is coming from. Improve Your Inventory Management. Another bonus?

Waste 59

Waste Food Compost Tip Distribution 59

Restaurant365

AUGUST 21, 2020

There are some general areas to focus on when starting to audit your human resources information systems (HRIS) and payroll systems. Some localities may require a bartending license or certificate to serve alcoholic beverages, although this requirement varies by state or municipality. Tailor your hiring and recruiting practices.

Blog 78

Blog Restaurant Law Recruiting Employee Relations 78

Ordyx

DECEMBER 19, 2019

Investigate Bar Inventory Variance Variance (i.e., shrinkage) is any foreseen or unforeseen loss of inventory which results in lost revenue. Protect Your Bar Inventory Loss of inventory because of rejected drinks can be avoided with better sanitation standards. Here are four easy ways to do it: 1. ​ II.

Bar 52

Bar Operations 2020 Point of Sale 52

Modern Restaurant Management

JANUARY 8, 2024

– Lars Kristiansen , VP Food and Beverage of Oasis Marinas Next year, although getting better, I anticipate continued labor shortages to persist, impacting management, the kitchen and front of house. Lars recognizes the importance of convenience in the restaurant industry, but believes that elevated experience is key.

2024 215

2024 Loyalty Program Cash Management Customer Experience 215

Restaurant365

SEPTEMBER 22, 2020

Finally, consider creating a unique ID for different users who have access to customer data, which will allow you to create a trail to audit if there are breaches or issues. Ensure that you are thoroughly training your staff on cutting-edge cybersecurity best practices. Keep Your Network Password Protected.

POS 78

POS Point of Sale 2006 Technology 78

Notch

JANUARY 23, 2019

Alcoholic beverages average out around 20%. Conduct daily inventories. Spend Less Money on Food Restaurateurs who are serious about increasing their profits must conduct a complete supply-chain audit. Hotels, for example, can yield net margins of around 10%. In comparison—restaurants have very little room to mess up.

Email Marketing 72

Email Marketing Merchandise Website Management Point of Sale 72

Notch

JANUARY 23, 2019

Alcoholic beverages average out around 20%. Conduct daily inventories. Spend Less Money on Food Restaurateurs who are serious about increasing their profits must conduct a complete supply-chain audit. Hotels, for example, can yield net margins of around 10%. In comparison—restaurants have very little room to mess up.

Email Marketing 52

Email Marketing Merchandise Website Management Point of Sale 52

Restaurant365

JANUARY 22, 2020

For a food and beverage restaurant business, it’s not enough to play defense against online criminals. A professional forensic audit of your business. Creating a risk assessment plan for your business may require obtaining a cybersecurity audit from a cybersecurity professional or consultant.

Audits 88

Audits Point of Sale Front of House POS 88

Restaurant365

JULY 14, 2021

Start by auditing your food waste. While food waste reduction is extremely beneficial in the long-term, it requires some additional work to properly store, monitor, and use inventory ingredients. A slimmer menu can help facilitate a more streamlined inventory. Count your inventory regularly. Here are 15 practical tips.

Waste 78

Waste Compost Food Inventory 78

Xtra Chef

DECEMBER 11, 2019

Inventory Management. Like most businesses, restaurants must manage an inventory of raw materials that will be converted into a final product that is sold to customers. Inventory Management allows you to account for and carefully manage the value of these raw materials on your balance sheet to minimize the cost of goods sold.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

Restaurant365

DECEMBER 10, 2021

Payroll compliance is required to avoid hefty fines and regulatory audits. In addition, R365 cloud-based, restaurant management suite includes scheduling software, restaurant inventory management software , and restaurant operations software to create an the all-in-one solution that’s also integrated with your food and beverage vendors.

Point of Sale 146

Point of Sale Back of House Front of House POS 146

Rocket Fuel

JULY 12, 2022

The cost of goods sold may be the most important part of this section because inventory makes up such a large part of your costs. Call out your food and beverage costs, separating alcohol if you sell it. An overview of your (relatively) stable costs helps manage expectations. If you sell merchandise, list that too.

Cash Management 52

Cash Management Download Merchandise Audits 52

Lavu

MARCH 11, 2020

Whether you are looking for effective inventory management software or just a POS system for your business, restaurant management software is something you cannot afford to miss. They come with tools used to track inventory, restaurant orders, payroll, and analytics. This includes inventory needs, sales, employee turnover, and more.

Management 78

Management Management Cash Management Mobile Ordering 78

Apicbase

APRIL 20, 2022

Audited financial statements can reassure potential business owners and investors. So take the time to optimise your workflows, implement solid protocols and map out your food and beverage tech strategy before you start to look for investors. Besides cost estimations, you should share financial statements and projections.

Franchise 52

Franchise Franchising Cash Management Kitchen Safety 52

Restaurant365

JULY 17, 2020

Accounts payable is a critical business function in keeping the internal processes flowing smoothly and ensuring your food and beverage vendors are paid on time. AP automation includes an audit trail, showing you every step of human intervention in invoices company wide. Use AP automation Across All Your Restaurants.

Point of Sale 78

Point of Sale Consumer Goods POS Front of House 78

Apicbase

MAY 18, 2022

Besides cost estimates, audited financial statements and projections should be included, like: the expected growth rate for (at least) the first year; the estimated restaurant cash flow; the expected payback period. A central production kitchen allows you to buy ingredients in bulk and prepare batches to distribute to your locations.

Franchise 52

Franchise Franchising Sustainability Document 52

Modern Restaurant Management

MAY 7, 2021

“Our guests continue to demand access to truly healthy and delicious food and beverage products are served with smiles and speed." “We continue to innovate and rethink how consumers enjoy Coca-Cola beverages.

Franchise 173

Franchise Franchising Sustainability Fast Casual 173