7 Shifts

DECEMBER 3, 2019

Step 1: Audit Your Current Location(s) Before you start planning for your future, take a look at your past and your present. Still, you should conduct a thorough audit of your current restaurant(s) before expanding your business further. Read on for our actionable, step-by-step process on how to expand your franchise.

Franchise 368

Franchise Franchising Audits Point of Sale 368

Xtra Chef

OCTOBER 28, 2020

Restaurant inventory management is not the most enjoyable restaurant task. Inventory management is a cost management strategy that influences your restaurant food costs , revenue, profitability, and cash flow. But having too little inventory makes it difficult to meet customer demand. Part 2: Why Inventory Management Matters.

Inventory 78

Inventory Management Management Cash Management 78

Modern Restaurant Management

OCTOBER 26, 2022

While restaurants have no control over the interchange fees set by card companies such as Visa and Mastercard, they can cut costs and improve the bottom line by selecting a payment processing company that tailors merchant services to the needs of each client and continues to audit those services to ensure they scale up or down as necessary.

Consumer Goods 179

Consumer Goods Restaurant Law Audits Customer Service 179

Apicbase

APRIL 5, 2024

Restaurants use software and smart hardware to automate everyday tasks and management duties, such as purchasing ingredients, managing inventory, making production lists, dealing with allergens, and calculating costs. Inventory management Streamline inventory management and boost purchasing precision with software.

Back of House 52

Back of House Front of House BOH Point of Sale 52

Embrace the Suck

DECEMBER 25, 2019

What you want to ask for is margin instead of markup and you want it to be auditable. Now, if you can manage your inventory to be more efficient and can reduce the number of deliveries you get per week while keeping the case count high, that is worth a percentage point on your PVA! You think right away, “WOW, this is awesome!”

Food Truck 289

Food Truck Food Audits Tip Distribution 289

Apicbase

FEBRUARY 8, 2024

This strategic orchestration extends to menu planning, pricing, inventory management, health and safety protocols, and the testing and implementation of new technology. The process requires accurate and up-to-date sales figures, food costing, and inventory data to make the necessary calculations.

Definition 52

Definition Operations Management Management 52

Apicbase

FEBRUARY 8, 2024

This strategic orchestration extends to menu planning, pricing, inventory management, health and safety protocols, and the testing and implementation of new technology. The process requires accurate and up-to-date sales figures, food costing, and inventory data to make the necessary calculations.

Definition 52

Definition Operations Management Management 52

Sling

MAY 9, 2023

On the digital side of things, RO security may involve installing firewalls and password protection on POS stations and other computers to prevent unauthorized individuals from gaining access to proprietary data. You may need to upgrade your POS system to speed up the customer payment process. wine, spirits, caviar, etc.)

Operations 78

Operations Loyalty Program Food Safety Front of House 78

Restaurant365

DECEMBER 10, 2021

Full integration between your payroll software, accounting system, and point-of -sale (POS) system can help eliminate this manual import and offer substantial time savings. If you have full POS integration with your accounting software, you can seamlessly transfer detailed labor data. Ask for a demo of Restaurant365.

Point of Sale 146

Point of Sale Back of House Front of House POS 146

Restaurant365

JANUARY 22, 2020

Your point of sale system (POS) may be tracking your private company financials, and your internal communications may include intellectual property or confidential corporate information. A professional forensic audit of your business. Audit the number of systems your restaurant is running. Make sure your equipment is secure.

Audits 88

Audits Point of Sale Front of House POS 88

Restaurant365

MARCH 30, 2022

But on a Monday morning when you arrive early to the back office to a pile of invoices waiting to be processed and last night’s food inventory spreadsheet is still sitting on the clipboard waiting to be entered, you might wonder why you signed up for this. This is not the part of your job that you are passionate about.

Inventory 78

Inventory Audits Point of Sale Information 78

The Restaurant Times

DECEMBER 5, 2020

If waste can be attributed to procuring some raw materials in bulk, check out the prices other vendors are offering for the inventory you need. When POS Reports Show a Loss on Menu Items. To get started, generate an annual sales report on your restaurant POS. Perform a Yearly Audit.

Menu 96

Menu Seasonal Menu POS Food Order 96

Restaurant365

JANUARY 25, 2022

AP automation provides you with an audit trail showing every step in the process and allows you to quickly correct problems. Restaurant365 is an all-in-one, cloud-based, restaurant-specific platform that incorporates accounting , inventory, scheduling , operations , payroll +HR , and reporting.

Front of House 147

Front of House Back of House Audits Pricing 147

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

Restaurant365

SEPTEMBER 22, 2020

This covers the IT infrastructure that stores, processes, or transmits payment information, from a server POS terminal to your restaurant accounting software. Your point-of-sale (POS) system processes and stores enormous amounts of sensitive information. Use an Anti-virus Program on Your POS Systems. Delete Credit Card Data.

POS 78

POS Point of Sale 2006 Technology 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.

Waste 59

Waste Food Compost Tip Distribution 59

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

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. Train your store-level managers to use data for store-level decisions on staffing and inventory.

Leadership 78

Leadership Inventory Hiring Point of Sale 78

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. Integrated payroll, POS, and scheduling systems allow for streamlined restaurant reporting software capabilities and can help you meet your payroll tax reporting obligations. Filings and Paperwork.

Restaurant Law 131

Restaurant Law Recruiting Employee Relations Food Safety 131

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. The introduction of dynamic pricing has many benefits for operators, including the ability to increase revenues, better manage inventory and protect profit margins.

2024 215

2024 Loyalty Program Cash Management Customer Experience 215

The Restaurant Times

JUNE 3, 2020

If there are any discrepancies between the numbers, you can then easily analyze and audit the areas where maximum expenditure has happened. . At times when the sales volume is low, and you have purchased inventory on high credit, it might end up costing you more by way of interest and fees. Avoid The Credit Business.

Cash Management 88

Cash Management Point of Sale Front of House Equipment 88

Restaurant365

JULY 17, 2020

AP automation includes an audit trail, showing you every step of human intervention in invoices company wide. In these tech stacks, accounting software is disconnected from the scheduling, inventory, and sales reporting software. Integrate Your POS System with Restaurant Accounting.

Point of Sale 78

Point of Sale Consumer Goods POS Front of House 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

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

Apicbase

MAY 12, 2023

Bring Clarity to Your Back of House Get real-time feedback about your restaurants’ inventory, procurement and menu performance in dynamic charts, graphs and dashboards. The most successful leaders in F&B use regular audits to measure operational performance and improve yield, productivity, and profitability metrics.

Operations 52

Operations Back of House Sustainability Front of House 52

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. Integrated payroll, POS, and scheduling systems allow for streamlined restaurant reporting software capabilities and can help you meet your payroll tax reporting obligations. Filings and Paperwork.

Blog 78

Blog Restaurant Law Recruiting Employee Relations 78

Notch

JANUARY 23, 2019

Conduct daily inventories. Spend Less Money on Food Restaurateurs who are serious about increasing their profits must conduct a complete supply-chain audit. Unfortunately, employees or even suppliers and other guests may help themselves to your inventory in all sorts of ways if the opportunity arises. Use purchase orders.

Email Marketing 72

Email Marketing Merchandise Website Management Point of Sale 72

Modern Restaurant Management

NOVEMBER 16, 2021

Easily integrate various systems – Through APIs, multiple systems can share data and provide insights across multiple locations and POS systems quicker than ever. These insights empower you to better estimate what inventory you need to order more or less of, so you have enough of what’s needed and less of food that goes to waste.

Customer Experience 203

Customer Experience Operations Loyalty Program Front of House 203

Notch

JANUARY 23, 2019

Conduct daily inventories. Spend Less Money on Food Restaurateurs who are serious about increasing their profits must conduct a complete supply-chain audit. Unfortunately, employees or even suppliers and other guests may help themselves to your inventory in all sorts of ways if the opportunity arises. Use purchase orders.

Email Marketing 52

Email Marketing Merchandise Website Management Point of Sale 52

Lavu

MARCH 11, 2020

From the introduction of point of sale (POS) systems to accounting systems, technology is changing the ways restaurants operate today. 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.

Management 78

Management Management Cash Management Mobile Ordering 78

The Restaurant Times

OCTOBER 12, 2020

It involves using tools such as a robust POS system and tracking reports to analyze the sales data to accurately predict future demand. Here is how a robust POS system should display the bifurcation of sales data: Top-selling/ worst selling item: Provides an idea about the best selling vs. the least selling menu item. Audit Reports.

Management 52

Management Management Cash Management Audits 52

Lavu

JANUARY 21, 2020

You can also use a tool like Sourcery to derive and process data from your POS system. When restaurant accounting software is integrated into your restaurant POS system , it puts all the operational and accounting information in a single database. A POS system helps in keeping a better track of your inventory.

Audits 78

Audits Back of House Point of Sale Front of House 78

The Restaurant Times

AUGUST 21, 2020

There are high chances of inventory contamination if the raw materials and other food items are stored improperly. One way to prevent food contamination is by keeping a constant check on the inventory. Inventory checks can also be done manually by conducting regular audits and placing the raw materials correctly.

Kitchen Safety 52

Kitchen Safety Food Safety Food Supply Equipment 52