Modern Restaurant Management

APRIL 5, 2022

As per a recently published report by Future Market insights, the Takeaway and Delivery Food market is going to witness accelerated demand in the coming years with online food platforms. In this blog, we will discuss the various facets being utilized to enhance the entire operation of the ghost kitchen efficiently.

Online Ordering 196

Online Ordering Point of Sale Website Management Inventory 196

Clover - Restaurants

APRIL 23, 2024

An existing restaurant also has an established cash flow, as well as a system in place for managing inventory, staffing, and running the kitchen. There’s no guarantee that employees will stick around for a change of management or if you start changing the operating model. Why is the restaurant being sold, to begin with?

Point of Sale 52

Point of Sale Cash Management Franchise Franchising 52

Restaurant365

APRIL 16, 2021

In-house online ordering systems capture customer data for your customer relationship management system (CRM). This data can be used to create targeted marketing campaigns and loyalty programs. Part of being a successful restaurateur is by being forward thinking and quickly adapting to this fast-changing industry. Drives More Revenue.

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Online Ordering Blog Ordering Front of House 78

Restaurant365

SEPTEMBER 23, 2021

Whether you’re a bookkeeper, accountant, restaurant owner, or store-level manager, understanding the basics of accounting can pay dividends for your business. Healthy accounting procedures for restaurants can help you manage food and labor costs, understand your profits and losses, and make strategic decisions about expenses and investments.

Cash Management 147

Cash Management Point of Sale POS Inventory 147

MadMobile

JUNE 8, 2023

With so many points of sale (POS) systems available in the market, finding the best POS for small businesses is essential to running your operations efficiently. How will you manage your menu? How will you manage your menu? What kind of reports do you need to manage your restaurant?

Small Business 52

Small Business POS Point of Sale Online Ordering 52

Goliath Consulting

OCTOBER 19, 2020

Part of its upsurge comes from off-premise dining becoming widely adopted due to the pandemic, but there’s been an overall uptick in digital sales that’s helped drive-thrus gain significant traction. He also has the numbers to prove his point: Digital sales at Chipotle accounted for 19.6% of total sales (4).

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2021 Point of Sale Food Safety Kitchen Safety 135

Modern Restaurant Management

JULY 20, 2021

Falling outlets, rising sales. But sales have bounced back well over the first six months of 2021, and are now running ahead of 2019 levels. “The market’s recovered a lot quicker than we thought… I think we’re in for a really good summer.” " Remarkable Resiliency. foodservice industry.

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2021 Guest Recovery Online Ordering Point of Sale 189

Restaurant365

JUNE 9, 2021

After all, it’s hard to improve a metric if you don’t know your starting point. In this blog post, Part 1 of 2, we will dive into the metrics you should be examining with your FOH’s profitability. Driving repeat business with automated, personalized marketing efforts. Focus on the customer experience.

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FOH BOH Front of House Back of House 78

The Restaurant Times

MAY 25, 2021

With lockdown restrictions easing and restaurant business slowly picking up the pace in the UK market, it is an excellent time to revisit your restaurant’s business plans. While doing this, conduct market research, see what is working best in the market, and incorporate these trends into your menu. . Industry Research.

Cash Management 52

Cash Management Employee Relations Point of Sale Email Marketing 52

Chowly

JUNE 7, 2023

Fluctuations in market demand are all considered to determine how (and when) to price menu items strategically to increase revenue and retain customers. Other factors such as historical sales, orders, customer retention, and click-through rate are also considered when creating unique pricing strategies depending on restaurant goals.

Pricing 52

Pricing Loyalty Program Point of Sale Cash Management 52

Restaurant365

JULY 29, 2021

The restaurant industry saw new trends like: Increased sales for take-out and delivery. Rise of ghost or virtual kitchens targeting delivery-only sales. While at some points of the restrictions, your restaurant may have looked to just get through, now is the time to grow restaurant profitability.

Cash Management 78

Cash Management Point of Sale Inventory 2021 78

Bingage

OCTOBER 5, 2019

Marketing Efforts. If all things and planning goes right, opening and managing a restaurant can be very fruitful, Here I am sharing a complete guide on how to make a new restaurant successful. Promotion of a new restaurant is one of the important tasks of the restaurant manager. This is a cost-effective marketing strategy.

Loyalty Program 74

Loyalty Program Social Media Cash Management Seminar 74

Sling

APRIL 19, 2021

As a small business owner or manager, you need to speak the language of your industry. If you only brought in $4,000 for your product but you spent $5,000 getting it to market, the math yields a negative number ($4,000 – $5,000 = $-1,000). And how do you go about calculating this crucial metric? What Is Profit Margin?

Small Business 145

Small Business Cash Management Customer Service Inventory 145

Lavu

DECEMBER 6, 2019

Particularly when it comes to restaurant management which requires knowledge of both front of house and back of house needs. POS stands for point of sale. Cash registers are not as developed as a POS framework and lack a significant number of the capacities and highlights of a cutting edge system. . Digital Table.

Kitchen Safety 78

Kitchen Safety Social Media Point of Sale Front of House 78

Restaurant365

DECEMBER 20, 2021

Sharing information between teams shouldn’t require time-consuming communication to ensure accurate reporting, cost management, and forecasts. For instance, reviewing your CoGS report daily allows managers to adjust purchasing and usage on a more frequent basis. Working with operations to set a prime cost goal.

Operations 78

Operations Leadership Point of Sale Cash Management 78

Restaurant365

OCTOBER 14, 2020

Balancing cash flow month to month, let alone year to year, can be difficult for the ever-changing restaurant industry. As a restaurant owner or manager, you can use a budget to understand your income and expenses, and at what levels you will profit, break even, or operate at a loss. Collect data. How to create a restaurant budget.

Point of Sale 78

Point of Sale Email Marketing Cash Management Advertising 78

Qu

SEPTEMBER 16, 2022

The POS term was formed when there was just one main point of sale – the register in the restaurant. The 80s Called & They Want Their POS Back The 80’s gave birth to the first electronic cash register with computerized systems to manage payments and orders.

POS 52

POS White Paper Point of Sale Cash Management 52

Restaurant365

SEPTEMBER 3, 2021

Restaurant owners, operators, and managers are constantly faced with decisions about accounting, operations, inventory, customer service, and staffing. To keep up in a fast-paced industry, restaurants might consider adding a new role, commonly called “profitability strategist,” to the management team. explained Mr.

Waste 78

Waste Cash Management Point of Sale Inventory 78

Restaurant365

FEBRUARY 19, 2020

Controllable costs, like your prime cost of food and labor, fluctuate over time with vendor prices, sales, and other external factors. Operating expenses: everything else it takes to run your restaurant, like plateware, marketing costs, or professional fees. Restaurant Accounting Basics and Why It Is Unique.

Point of Sale 120

Point of Sale Cash Management Inventory Consumer Goods 120

Bingage

OCTOBER 5, 2019

Marketing Efforts. If all things and planning goes right, opening and managing a restaurant can be very fruitful, Here I am sharing a complete guide on how to make a new restaurant successful. Promotion of a new restaurant is one of the important tasks of the restaurant manager. This is a cost-effective marketing strategy.

Loyalty Program 40

Loyalty Program Social Media Cash Management Seminar 40

The Food Corridor

JUNE 3, 2020

We’ve talked about the rise of online farmer’s markets in previous posts. Customers can order on the app and receive their items at local pick up points or via delivery. Out of adversity, comes invention and opportunity. In these challenging times, it’s more important to be able to pivot, transition, and adapt than ever before.

Food 87

Food Online Ordering Food Order Customer Service 87

Black Box Intelligence

AUGUST 5, 2021

With fewer workers on the market, service businesses of all kinds are competing for a smaller talent pool. Some experts pointed to enhanced unemployment benefits as a deterrent for employees returning to work, although recent evidence shows that cutting those benefits doesn’t significantly reduce the labor shortage. . Safety concerns.

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Recruiting 2021 Management Management 98

ChefMod

OCTOBER 6, 2021

But, how have they managed to stay up and running so far? Additionally, the restaurant industry lost $240 billion in sales compared to the Association’s pre-pandemic forecast of the year 2020. Focus on Online Shopping For the last 15 years, the online shopping and ordering market has grown exponentially.

2021 52

2021 Email Marketing Front of House Cash Management 52

Modern Restaurant Management

OCTOBER 29, 2019

This investment represents the first institutional capital into Green Rabbit and positions the company to continue its growth in the $20 billion e-commerce food and grocery delivery market by adding additional talent to its workforce and further developing its supply chain automation capabilities. Pulp Fiction Halloween Homage.

Food Supply 86

Food Supply Franchise Franchising Customer Experience 86

MBB Hospitality

NOVEMBER 13, 2018

Check out these restaurant consulting tips for the DIY restaurant owner or manager: The customer is always right. To help you with this, try to observe your restaurant from your customer’s point of view. Keep eye on cash flow. Never let your ego or the ego of your staff ever get in the way of listening to your customers’ needs.

Management 40

Management Management Social Media Cash Management 40

Notch

JANUARY 23, 2019

Fortunately, driving more restaurant sales isn't particularly difficult. The key is to reduce your costs and increase your sales. And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. As an owner-operator, your restaurant likely sits at the center of your life.

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. And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. As an owner-operator, your restaurant likely sits at the center of your life.

Email Marketing 52

Email Marketing Merchandise Website Management Point of Sale 52

Culinary Cues

AUGUST 22, 2022

The restaurants in this storyline boasted menus that changed nearly every day depending on what could be found in local open markets and from friendly farmers and those who raised livestock. I have very fond memories of walking the streets of St. That was it! Those four or five employees were like family.

Seating 445

Seating Front of House Back of House Cash Management 445

Notch

MARCH 5, 2019

But this easy-to-implement restaurant tool can still play an important role, not just in marketing your restaurant but in collecting important data that can help you better serve your guests. In the digital age, it can be easy to overlook what might seem like an outdated restaurant practice: comment cards.

Email Marketing 69

Email Marketing Customer Experience Training Customer Service 69

Lavu

MARCH 11, 2020

Understanding Restaurant Management Software. From the introduction of point of sale (POS) systems to accounting systems, technology is changing the ways restaurants operate today. Among the technology offered today is restaurant management software. . Why do you need restaurant management software?

Management 78

Management Management Cash Management Mobile Ordering 78

Modern Restaurant Management

APRIL 2, 2020

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. The National Restaurant Association Educational Foundation has launched the Restaurant Employee Relief Fund to support U.S. Live in the U.S., an overseas U.S.

Healthcare 206

Healthcare Employee Relations Online Ordering Customer Service 206

Apicbase

JUNE 16, 2023

In practice, however, successfully managing a group of busy restaurants is an awfully tough undertaking. The metrics and calculations in this list will help you bring order to the chaos and manage the performance of each unit in the chain. In theory, it sounds easy. Why Are Metrics Important?

Point of Sale 52

Point of Sale Inventory Waste Employee Relations 52

Restaurant365

MAY 7, 2020

General managers and restaurant owner/operators should create checklists for crew and managers to use during their shifts. Managing Food Pick Up and Delivery. Check for state requirements on your governor’s or state health department’s website. Adhere to protocols addressing the protection of both customers and employees.

Food Safety 142

Food Safety Cash Management Point of Sale Social Media 142

Modern Restaurant Management

AUGUST 3, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the state of flavor, COVID-19 restaurant operations, public acceptance of delivery charges, the best of the best and the most allergy-friendly restaurant chains. DoorDash Deep Dish.

2020 195

2020 Franchise Franchising Food Order 195

Culinary Cues

NOVEMBER 16, 2019

Sometimes it works, but more often than not this is the turning point towards failure. If you want the restaurant to be an expression of art, then make sure that your bank account is flush with cash. [] EMOTIONAL EXCITEMENT TAKES HOLD. Unfortunately, all of those factors seem to work against you. What are they thinking?

Training 259

Training Employee Relations Customer Service Customer Experience 259

Restaurant365

APRIL 15, 2021

This blog post was originally published on September 10, 2019 and updated on April 15, 2021. With detailed numbers about your total costs and total sales breakdowns, a P&L provides actionable insight into the strengths and weaknesses of your business. The revenue calculation pulls from restaurant menu sales data. Prime Cost.

Point of Sale 78

Point of Sale Cash Management Beverage Insurance 78

Restaurant365

NOVEMBER 26, 2019

Restaurant management software can streamline restaurant operations, helping you become more efficient and profitable. However, not all restaurant management systems are created equal — and the tools you have access to can play a large role in your success. Cloud-based management. Automated tracking of sales and taxes.

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2020 Management Management Mobile Ordering 117