Culinary Cues

DECEMBER 17, 2020

There are short-term band aid solutions such as takeout, delivery, or even conversion into retail markets where wine inventories and local necessities take over space once occupied by diners, but they are not a replacement for a steady turn of tables. None, however, are as devastatingly out of the operators control as this pandemic.

Uniforms 470

Uniforms Cash Management Brewery Consumer Goods 470

Restaurant365

APRIL 14, 2020

Successful restaurant operations, in any kind of economy, depend on well-managed restaurant food inventory. Much of the typical food and beverage inventory in restaurants tends to have a relatively short shelf life, making accurate inventory numbers essential to run a functioning kitchen, make economical orders, and adapt to long-term trends.

Inventory 109

Inventory Delivery Management Management 109

7 Shifts

JANUARY 31, 2024

Metrics and sheets you'll need to track include cost of goods sold, labor costs, new operating income, profit, and (see below) inventory costs. Inventory management Managers need to ensure the kitchen is stocked with the right amount of food so that nothing is wasted and as few items need to be 86'ed as possible.

Management 195

Management Management Kitchen Safety Front of House 195

Izettle

NOVEMBER 15, 2021

But as any small business owner knows, adding new e-commerce channels also means adding new challenges to your day to day – and they usually revolve around inventory. Your inventory is a living thing. Your inventory isn’t just words on a spreadsheet or pictures on an app. The importance of inventory management.

Inventory 52

Inventory Management Management Point of Sale 52

Sling

JUNE 9, 2023

Restaurants may also have recurring payments, such as utilities, rent, payroll, and marketing. Step Two : Take inventory of all the food supplies you have on hand at the start of the month and calculate a total dollar value for the entire inventory taken. This will be your Beginning Inventory.

Operations 78

Operations Inventory Food Supply Point of Sale 78

Restaurant365

APRIL 16, 2021

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. Today, consumers want convenient and easy ways to order food from your restaurant. Drives More Revenue. Captures Valuable Customer Data.

Online Ordering 78

Online Ordering Blog Ordering Front of House 78

Izettle

NOVEMBER 15, 2021

If you’re looking for a way to take your customer engagement to the next level, starting to think about omnichannel marketing is key. Omnichannel marketing is where you pull all your channels together to create a seamless customer experience, from the store on their high street to your e-commerce and social media platforms.

Marketing 52

Marketing Social Media Point of Sale Email Marketing 52

Hot Schedules

JULY 26, 2021

Rather than limiting inventory or reducing the customer experience, here are five ways the right retail scheduling solution empowers managers to cut costs through efficient workforce management — without burning out the staff. Enforced clock-ins through an integration with your Point-of-Sale (POS) system and labor management tools.

Retail 148

Retail Point of Sale Employee Relations Inventory 148

Restaurant365

FEBRUARY 22, 2022

There’s sales and customer data, labor performance data, and even data telling you how much food you waste. Your restaurant sales data holds the keys to how successful your restaurant group can be, if you use this business intelligence to drive your decisions. Are you using restaurant analytics? Why you should use restaurant analytics.

Point of Sale 147

Point of Sale POS Inventory Seasonal Menu 147

Restaurant365

SEPTEMBER 23, 2021

For instance, since restaurants primarily sell food and drink, inventory turns over at a very frequent rate, and sales are made up of a high number of transactions. Between inventory, sales, and other data points like labor, restaurants generate an enormous amount of data.

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Restaurant365

NOVEMBER 12, 2021

You are already generating data about your food cost, menu items, and sales levels. At its core, menu engineering tracks the profitability of menu items individually, as well as your product sales mix. At its core, menu engineering tracks the profitability of menu items individually, as well as your product sales mix.

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Menu Operations Point of Sale POS 143

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. You’ll need to carefully analyze the financials and reasons behind any decline in sales or profitability. Why is the restaurant being sold, to begin with?

Point of Sale 52

Point of Sale Cash Management Franchise Franchising 52

Restaurant365

FEBRUARY 25, 2020

Your restaurant profit margin can be influenced by food and inventory trends, your geographic location, the state of the broader economy, and a wide range of other factors. In addition, it’s important to remember that while your profit may be in dollars, your profit margin is your profit expressed as a percentage of sales.

Loyalty Program 183

Loyalty Program Fast Casual Point of Sale Online Ordering 183

Restaurant365

OCTOBER 29, 2021

Restaurants are devoting time, energy, and marketing resources to improve the customer experience. You can use back-office restaurant technology to support a positive guest experience in areas such as payment, inventory and food costs, and staff scheduling. POS integration enables flexible payment options.

Customer Experience 158

Customer Experience Technology Mobile Ordering Inventory 158

Bingage

APRIL 14, 2021

We all are aware that, Restaurant business owners are now adopting effective solutions that can automate operational work, minimise physical burden and improve business sales. Whether you need to keep track or manage stock, orders, inventory, restaurant billing, you need a Point of sale system.

POS 97

POS Loyalty Program Online Ordering Point of Sale 97

Restaurant365

MARCH 18, 2020

Especially in uncertain times, an important factor in decisions about how to operate your restaurant is your break-even point. Essentially, your break-even point is what sales you need for a certain period of time to not lose money, or “break even.” How to Determine If You Should Trim Menu Offerings.

Point of Sale 158

Point of Sale Delivery License Inventory 158

Clover - Restaurants

MARCH 8, 2024

In order to be successful, it’s important to consider market demand, financial stability, restaurant operational efficiency, customer base, and growth projections. Assessing market demand First, you’ll want to conduct a market demand assessment. During this phase, be sure to: Analyze the local market saturation.

Loyalty Program 52

Loyalty Program Small Business Point of Sale POS 52

Clover - Restaurants

APRIL 9, 2024

Farmers and farmers’ markets You may decide to source fresh produce, meat, dairy, and other items directly from local farmers or markets to support local producers and promote sustainability. As a result, take time to carefully vet and build relationships with your key partners. They may also offer pre-made dough or baked goods.

Food Supply 98

Food Supply Online Ordering Food Truck Food Order 98

Restaurant365

MAY 7, 2020

This will streamline your inventory and give you better visual access to your shelves. 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. These are the most common places to find mold buildup in your restaurant.

Food Safety 142

Food Safety Cash Management Point of Sale Social Media 142

Apicbase

JUNE 16, 2023

By regularly tracking his inventory and procurement metrics, Fabio was able to reduce his kitchens’ food costs by 18%. This blog provides an organised overview of the key metrics multi-site restaurant brands should track. In practice, however, successfully managing a group of busy restaurants is an awfully tough undertaking.

Point of Sale 52

Point of Sale Inventory Waste Employee Relations 52

Embrace the Suck

OCTOBER 28, 2021

Read books and blogs. There are quite a few on the market like DiSC and Predictive Index. The thing you want to avoid is these 19 fatal mistakes that 80% of restaurants make each year which contributes to the low survival rate that restaurants experience. The even more shocking statistic is that only 5% will survive the 10-year mark.

Coaching 329

Coaching Training Social Media Hiring 329

BNG Point of Sale

SEPTEMBER 2, 2021

This blog post will go over the typical restaurant overhead costs and expenses, including rent, utilities, labor wages for employees, licenses and permits, food cost percentages, and more. Restaurant owners need to know how much things cost so they can be sure their business is profitable. What Are Overhead Costs And Expenses?

Employee Relations 52

Employee Relations License Point of Sale Food Supply 52

Lavu

NOVEMBER 18, 2022

Related: Optimize Your Pizza Delivery Service Today Market Analysis Once you describe your restaurant, add a section to your pizza business plan that compares your concept to your competition. Share research about your industry, customers, and market. An idea to open a pizzeria is just an idea until you put your plan on paper.

Loyalty Program 78

Loyalty Program Download Document Point of Sale 78

7 Shifts

MARCH 27, 2020

Consider things like merchandise sales, inventory sales, or private cooking lessons. You can point your restaurant staff towards monetary relief programs offered by the government and other organizations to help them stay afloat if your business closes. In some areas, they are even being legally required to do so.

Social Media 312

Social Media Restaurant Law Employee Relations Communication 312

Restaurant365

AUGUST 6, 2021

From placing the next inventory order to scheduling staff, there are many decisions to be made every single day in a restaurant. Restaurant forecasting leverages historical revenue data, information about current conditions, and knowledge of external events to help project future sales levels.

Point of Sale 78

Point of Sale Inventory 2021 Waste 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

Lavu

DECEMBER 6, 2019

POS stands for point of sale. Digital inventory tracking. Systems of reporting that keep track of inventory as it is used. Digital inventory tracking can help with reordering automatically and reduce waste in the workplace. Digitally integrated inventory systems also allow for automatic reordering.

Kitchen Safety 78

Kitchen Safety Social Media Point of Sale Front of House 78

Restaurant365

JANUARY 2, 2020

Accurate restaurant sales forecasting can fuel more informed decision making in nearly every aspect of restaurant operations. Your Point of Sale (POS) system used to be just a tool to process transactions. Using POS data for accurate restaurant sales forecast. Optimize inventory and stock levels.

POS 97

POS Point of Sale Inventory Information 97

MBB Hospitality

NOVEMBER 28, 2023

Navigating the turbulent waters of the restaurant industry requires resilience, adaptability, and a keen understanding of the market. Agile Adaptation to Market Changes Success in the restaurant industry often hinges on the ability to swiftly adapt to evolving market conditions.

Loyalty Program 52

Loyalty Program Customer Service Customer Experience Social Media 52

Focus POS

MAY 5, 2020

In the back office, the right system can save hours by automating scheduling, payroll, inventory, and more. If you aren’t convinced, here are five reasons why you should implement POS technology this year: Simplify Inventory Control. Inventory—ingredients and beverages—top the list of the costliest budget items for a restaurant.

POS 120

POS Point of Sale Mobile Ordering Inventory 120

Restaurant365

APRIL 30, 2020

When someone places an order, sends a delivery ticket to the kitchen, or takes inventory, valuable data points are created that can inform bigger insights. As more technology systems enter the market, many are advertising restaurant reporting and analytics. Although these two terms are similar, they are not interchangeable.

Loyalty Program 78

Loyalty Program Point of Sale Seasonal Menu Inventory 78

Restaurant365

NOVEMBER 26, 2019

In addition to cost savings and increased security, cloud-based systems also provide deeper insight by integrating several different functionalities (like accounting, scheduling, inventory, and reporting) across multiple locations, all in one centralized platform. Automated tracking of sales and taxes. Streamlined inventory management.

2020 117

2020 Management Management Mobile Ordering 117

Restaurant365

DECEMBER 4, 2020

Other restaurants had to shift operations to a limited-capacity model, adjusting labor and food costs to match new sales levels. Your restaurant’s break-even point is the sales you need for a certain period of time to not lose money, or “break even.” Generating enough revenue to break even.

2021 78

2021 Operations Mobile Ordering Social Media 78

Ordyx

MARCH 28, 2021

The sales data collected by your point of sale system is a great resource to discover trends for the peak times in your restaurant. The sales data collected by your point of sale system is a great resource to discover trends for the peak times in your restaurant. Service is key here.

POS 52

POS Inventory Point of Sale Email Marketing 52

Izettle

OCTOBER 27, 2021

The Zettle Terminal puts a store kit in the palm of small business owners’ hands, helping them manage sales, inventory, reporting and payments in one place. NASDAQ: PYPL) today launched the Zettle Terminal in the UK, an all-in-one point of sale (POS) solution that offers increased mobility in-store for small businesses.

Point of Sale 52

Point of Sale Small Business 2022 Customer Service 52

Izettle

OCTOBER 27, 2021

The Zettle Terminal puts a store kit in the palm of small business owners’ hands, helping them manage sales, inventory, reporting and payments in one place. NASDAQ: PYPL) today launched the Zettle Terminal in the UK, an all-in-one point of sale (POS) solution that offers increased mobility in-store for small businesses.

Point of Sale 52

Point of Sale Small Business 2022 Customer Service 52

Restaurant365

DECEMBER 17, 2019

Instead, gradual sales growth will help your business gain traction and develop a solid foundation. Variable, controllable costs such as food and labor, are tied to sales and can be adjusted. Marketing costs are also variable and controllable. Costs of Opening and Running a Restaurant. Restaurant Startup Costs Breakdown.

Point of Sale 120

Point of Sale License Insurance Employee Relations 120