Culinary Cues

DECEMBER 17, 2020

A reduction in restaurant business leads to crop waste, unplanted land, and serious cash flow problems for farmers. There are a number of reasons why restaurants fail – some are predictable and avoidable, while others can catch a business off guard. None, however, are as devastatingly out of the operators control as this pandemic.

Uniforms 470

Uniforms Cash Management Brewery Consumer Goods 470

Bingage

APRIL 16, 2024

In this blog, we are uncovering the top 5 most trusted Loyalty programs in India for restaurants and small businesses. Customised Reward type: Bingage provides a Multi-rule reward system, one can choose between a Cashback reward and a point-based reward system. Dedicated account support manager, and expert consultation.

Loyalty Program 105

Loyalty Program 2024 Email Marketing Coupons 105

Bingage

APRIL 16, 2024

In this blog, we are uncovering the top 5 most trusted Loyalty programs in India for restaurants and small businesses. Customised Reward type: Bingage provides a Multi-rule reward system, one can choose between a Cashback reward and a point-based reward system. Dedicated account support manager, and expert consultation.

Loyalty Program 104

Loyalty Program 2024 Email Marketing Coupons 104

Culinary Cues

APRIL 30, 2020

Whichever side of the question you find yourself on – there is no denying that the constraints will be significant, customers will be very leery about entering a restaurant, and initial sales will never be enough to keep a restaurant solvent. There are few certainties at this time except an understanding that this is not over.

Point of Sale 306

Point of Sale Customer Service Customer Experience Cash Management 306

Restaurant365

APRIL 16, 2021

In-house online ordering systems capture customer data for your customer relationship management system (CRM). Part of being a successful restaurateur is by being forward thinking and quickly adapting to this fast-changing industry. Today, consumers want convenient and easy ways to order food from your restaurant. Drives More Revenue.

Online Ordering 78

Online Ordering Blog Ordering Front of House 78

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

NOVEMBER 18, 2021

This two-part blog series presents an overall guide to the essentials of payroll accounting for restaurant groups. Your restaurant orders, receives, and counts food all in one system: your inventory management software. Your inventory management solution measures and stores all the information you need about your food cost.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

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

Modern Restaurant Management

APRIL 5, 2022

In this blog, we will discuss the various facets being utilized to enhance the entire operation of the ghost kitchen efficiently. The result was a 25% percent spike in sales in just two months. Eliminating 3rd Party App Charges with Kitchen Point-of-Sale (POS) Systems.

Online Ordering 190

Online Ordering Point of Sale Website Management Inventory 190

Xtra Chef

DECEMBER 30, 2020

Here are some of the actions, accomplishments and highlights of the past year… We introduced Recipe Management – a recipe for restaurant profitability. Here are some of the actions, accomplishments and highlights of the past year… We introduced Recipe Management – a recipe for restaurant profitability.

2020 151

2020 Cash Management Point of Sale 2021 151

Veloce POS Blog

NOVEMBER 10, 2023

The landscape of restaurant technology has been transformed, with Point of Sale (POS) systems at the forefront of this revolution. Gone are the days when a simple cash register was enough to manage sales.

POS 59

POS Cash Management Point of Sale Technology 59

Restaurant365

FEBRUARY 8, 2022

In this two-part blog post series, you’ll learn the importance of forecasting in restaurants and how to accurately implement restaurant demand forecasting. Part 2 will take a deep dive into how to forecast restaurant sales, including labor demand forecasting and food demand forecasting. Restaurant budgeting and forecasting differences.

2022 78

2022 Cash Management Point of Sale Inventory 78

7 Shifts

NOVEMBER 9, 2022

Now that you know what email newsletters can do for your restaurant, it's time to create a newsletter that wins hearts and sets the cash register ringing. When done right, email marketing works wonders—you stay top of mind and increase order values. According to a Salescycle report , 50.7% Table of Contents. 10 Restaurant Newsletter Ideas.

Email Marketing 195

Email Marketing Loyalty Program Social Media Point of Sale 195

Focus POS

DECEMBER 8, 2021

During a “normal” year, restaurant owners and operators face issues such as cash flow and capital, inventory management, hiring and training and providing excellent customer service. However, the right point of sale system can help alleviate some of these restaurant challenges so business owners can stay ahead of their competition.

Mobile Ordering 148

Mobile Ordering Point of Sale Cash Management Online Ordering 148

Restaurant365

DECEMBER 11, 2020

As 2021 begins, there are many restaurant management best practices that can be applied to strengthen your business, in the short and long term. Manage cash flow by creating a cash flow forecast. Manage cash flow by creating a cash flow forecast. over a certain period of time.

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2021 Cash Management Management Management 136

7 Shifts

APRIL 3, 2020

Comparing 7shifts’ internal data of 10,000+ restaurants, restaurants are seeing an average weekly decrease in sales of 50% across the board in North America. Download all the data from your restaurant POS or back-office management platform to get a sense of how your restaurant is operating today.

BOH 368

BOH POS Influencer Point of Sale 368

Focus POS

JUNE 17, 2021

The right point of sale software in your bar , pub, or nightclub could be the missing puzzle piece in the larger picture of growing your sales. Like age verification, there are other inherent hurdles to running a bar that, when poorly managed, can lead to severe issues. Cash drawer shortages. Promotion Success.

Bar 148

Bar Cash Management POS Point of Sale 148

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

Clover - Restaurants

MARCH 26, 2024

It may or may not matter to the kitchen managers what time you use the space. Forking over that cash can be worth it if it saves you (or your team) precious time and effort. Thousands of food and beverage makers across the United States use cottage food laws to sell edible or potable items they’ve made in their own homes.

Food Truck 52

Food Truck Cash Management Website Management Small Business 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

Izettle

FEBRUARY 25, 2021

But behind the acronyms lie incredible solutions to help you manage your business and increase your sales. If you’re looking for a safe, all-in-one system that supports all payment types, and helps you manage your business – you’ll want to know what an EPOS system is. Are you still using a cash till? That’s an EPOS!

Cash Management 52

Cash Management Point of Sale POS Customer Service 52

Izettle

FEBRUARY 25, 2021

But behind the acronyms lie incredible solutions to help you manage your business and increase your sales. If you’re looking for a safe, all-in-one system that supports all payment types, and helps you manage your business – you’ll want to know what an EPOS system is. Are you still using a cash till? That’s an EPOS!

Cash Management 52

Cash Management Point of Sale POS Mobile Ordering 52

Restaurant365

APRIL 23, 2020

A P&L statement tracks your restaurant’s business performance against expenses, restaurant sales, and Cost of Goods Sold (CoGS). Your P&L is extremely valuable to manage your operations, budget, and future business growth. Managing your balance sheet. Calculating your profit and loss statement.

Cash Management 78

Cash Management Management Management Point of Sale 78

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).

2021 135

2021 Point of Sale Food Safety Kitchen Safety 135

Restaurant365

OCTOBER 22, 2021

There are many restaurant data points that can help you see beyond the buzz of the day-to-day of a restaurant and get a glimpse at the health of your business. How to calculate labor cost as a percentage of sales. Your total labor cost will change over time as sales levels fluctuate. How to calculate sales per labor hour (SPLH).

Point of Sale 78

Point of Sale Insurance Inventory Cash Management 78

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

Clover - Restaurants

MARCH 8, 2024

Assess your profitability and cash flow. Are there workflows you can automate, such as inventory management , within your restaurant point-of-sale system ? Evaluate the competition. Look at similar types of restaurants in the area(s) you’re considering. Read menus to identify gaps your restaurant can fill.

Loyalty Program 52

Loyalty Program Small Business Point of Sale POS 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

Restaurant365

FEBRUARY 6, 2020

However, being able to easily access sales, inventory, and labor data allows you to quickly make informed decisions. Step 1: Record Sales Through Your POS Daily. Track Your Daily Sales. One of the most fundamental pieces of bookkeeping is tracking your daily sales. How to Generate a Daily Sales Report.

Point of Sale 138

Point of Sale Inventory POS Cash Management 138

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

Sling

APRIL 19, 2021

As a small business owner or manager, you need to speak the language of your industry. Combining the two words creates a term that means: The amount by which revenue from sales exceeds costs. This is a common question many owners and managers ask in regard to accounting for their business. What Is Profit Margin? Profit Margin.

Small Business 145

Small Business Cash Management Customer Service Inventory 145

Chowly

JUNE 7, 2023

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. This helps distribute the waves of customer demand and makes them more manageable for operators. The post Smart Pricing appeared first on Chowly.

Pricing 52

Pricing Loyalty Program Point of Sale Cash Management 52

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.

2020 117

2020 Management Management Mobile Ordering 117

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. But it’s worth remembering that while some people have cash in their pockets and want to treat themselves, many have been hit financially by COVID-19 and will be more cautious.

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2021 Guest Recovery Online Ordering Point of Sale 186

The Restaurant Times

MAY 25, 2021

Management Team: This should include the list of stakeholders involved in the management of your cafe such as owner, manager, Head Chef, etc. Cafe businesses can return to profitability provided they have a viable strategy and business plan in place. However, you must have certain things in place to ensure that happens.

Cash Management 52

Cash Management Employee Relations Point of Sale Email Marketing 52

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

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. This data point is known by many different names: price per guest, price per cover, guest average, or check average.

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