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 also foresee a lot of companies will redesign locations even further to maximize efficiency. Clinton Anderson, CEO, Fourth Enterprises. Anything plant based! Alec Dafferner, a partner at GP Bullhound.

2022 178

2022 Food Supply Back of House Kitchen Safety 178

Modern Restaurant Management

JANUARY 8, 2024

Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour. This trend reflects the growing popularity of drive-thru and fast-casual dining, coupled with the demand for digital technologies such as QSR digital signage and QR codes.

2024 212

2024 Loyalty Program Cash Management Customer Experience 212

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. Successful restaurant owners and operators don’t just provide great food. For food service and hospitality in particular, an essential part of the guest experience is the interaction with employees.

Restaurant Law 131

Restaurant Law Recruiting Employee Relations Food Safety 131

Xtra Chef

DECEMBER 11, 2019

Restaurant accounting is certainly not the most glamorous part of running a restaurant. Yet, without proper restaurant accounting, it is impossible to control your finances and keep your restaurant in business. Restaurant accounting activities include everything from accurately recording transactions to creating detailed financial reports.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

Restaurant365

AUGUST 12, 2021

Add in all of the invoices, orders, and inventory you are tracking. But having this data stored in your point of sale (POS) system or other restaurant systems doesn’t mean anything by itself. For 21st-century companies, data is a powerful tool that can help improve nearly every area of business.

Leadership 78

Leadership Inventory Hiring Point of Sale 78

Ordyx

DECEMBER 19, 2019

​2019 marked the 10th consecutive year of record sales for the distilled spirits industry. Investigate Bar Inventory Variance Variance (i.e., shrinkage) is any foreseen or unforeseen loss of inventory which results in lost revenue. Here are four easy ways to do it: 1. ​ II. ​ II.

Bar 52

Bar Operations 2020 Point of Sale 52

Restaurant365

JULY 17, 2020

Eliminating the sale of goods or services from one entity to another entity within the group. The reason for these eliminations is that a company cannot recognize revenue from sales to itself; all sales must be made to external entities. Most multi-unit restaurant groups run each of their locations as a separate legal entity.

Point of Sale 78

Point of Sale Consumer Goods POS Front of House 78

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. Successful restaurant owners and operators don’t just provide great food. For food service and hospitality in particular, an essential part of the guest experience is the interaction with employees.

Blog 78

Blog Restaurant Law Recruiting Employee Relations 78

Lavu

MARCH 11, 2020

From the introduction of point of sale (POS) systems to accounting systems, technology is changing the ways restaurants operate today. Keeping your procedures and systems up-to-date is a great method to streamline your operations, reduce overhead, and increase your day-to-day sales by getting more people through the door.

Management 78

Management Management Cash Management Mobile Ordering 78

Touch Bistro

MAY 10, 2021

Conduct a Food Waste Audit. Running a foodservice operation involves a lot of moving parts. And one area that is often overlooked is the question of how to reduce food waste in restaurants. With a better understanding of how to reduce food waste in restaurants, restaurateurs can play a crucial role in solving this problem.

Waste 59

Waste Food Compost Tip Distribution 59

Restaurant365

SEPTEMBER 22, 2020

Your point-of-sale (POS) system processes and stores enormous amounts of sensitive information. With the current trend toward cashless transactions, there should be an increased emphasis on PCI compliance in your restaurant business. However, it’s critical to maintaining a successful business and trustworthy reputation.

POS 78

POS Point of Sale 2006 Technology 78

Modern Restaurant Management

MAY 7, 2021

It also continues its rapid growth internationally by adding franchise development deals for France, Morocco, Egypt, Kuwait, and Bahrain to its international market now totaling 64 stores. In total, 165 stores are set to open. Randy’s Donuts is also in negotiations for dozens of stores throughout California and other states.

Franchise 168

Franchise Franchising Sustainability Fast Casual 168

Apicbase

APRIL 20, 2022

Instead, we embrace the dark side and look at the pain points and pitfalls. Franchising is a time-tested business model that allows restaurant owners to scale their business fast and efficiently. However, like every business model, it has a few drawbacks you should consider. Brace yourself. Here we go. 4 Signs You Are Not Ready To Franchise.

Franchise 52

Franchise Franchising Cash Management Kitchen Safety 52

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. Managing a chain of company-owned restaurants is very different from working with franchisees. Devote enough time to training.

Franchise 52

Franchise Franchising Sustainability Document 52

Notch

JANUARY 23, 2019

Fortunately, driving more restaurant sales isn't particularly difficult. The key is to reduce your costs and increase your sales. Alcoholic beverages average out around 20%. As an owner-operator, your restaurant likely sits at the center of your life. It's not only your business and your livelihood— it's also your dream.

Email Marketing 72

Email Marketing Merchandise Website Management Point of Sale 72

Notch

JANUARY 23, 2019

Fortunately, driving more restaurant sales isn't particularly difficult. The key is to reduce your costs and increase your sales. Alcoholic beverages average out around 20%. As an owner-operator, your restaurant likely sits at the center of your life. It's not only your business and your livelihood— it's also your dream.

Email Marketing 52

Email Marketing Merchandise Website Management Point of Sale 52