7 Shifts

JANUARY 31, 2024

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. Managing a restaurant is a delicate routine—if we can even call it a routine. This wide-ranging responsibility is a lot, and it often leads to burnout.

Management 195

Management Management Kitchen Safety Front of House 195

Modern Restaurant Management

SEPTEMBER 2, 2022

Improving your restaurant’s SERP rankings can help generate more online visibility and subsequently more online sales. However, low-quality content that is not optimized for SERPs may simply waste your time and effort, especially if it is not targeting relevant and attainable keywords that have commercial intent.

SEO 180

SEO Social Media Audits Point of Sale 180

The Restaurant Group

NOVEMBER 24, 2022

While the technology that powers it is long-established, it has only recently gained momentum in marketing. Restaurant businesses can use targeted marketing to create a stronger relationship with loyal consumers and increase their market share. This strategy also improves their marketing and advertising ROI.

2023 88

2023 Consumer Goods Advertising Point of Sale 88

Restaurant365

JANUARY 4, 2022

Your team must still take manual inventory by hand to account for spoilage, improper portioning, and waste. To ensure efficiency, a restaurant inventory management system that is fully integrated with your point of sale (POS) system can streamline and automate as much of the inventory process as possible. from a year ago.

Inventory 148

Inventory Pricing Management Management 148

Modern Restaurant Management

JANUARY 22, 2020

Signing up your establishment in a third-party online ordering app can significantly ramp up your sales, as you give customers the privilege to dine with you wherever they may be. When people decide to dine in your establishment, they don’t just want to eat good food; they want to have a pleasant experience, as well. Self-Service Tech.

Customer Service 228

Customer Service 2020 Social Media Mobile Ordering 228

Hot Schedules

SEPTEMBER 8, 2021

Hotel operators are struggling with three major pain points: the labor shortage, competitive expansion, and lingering lockdown restrictions. Marriott’s doubling of its all-inclusive Caribbean resorts earlier this year and Hyatt’s similar move to expand its presence in the Caribbean and Europe portend the direction the market is taking.

Hotels 147

Hotels Inventory Guest Recovery Leadership 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.

Menu 143

Menu Operations Point of Sale POS 143

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. What specific issues do restaurants face in accounting?

Cash Management 147

Cash Management Point of Sale POS Inventory 147

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

Restaurant365

SEPTEMBER 3, 2021

The exact responsibilities may look different at every restaurant group, but strategic recommendations could encompass everything from revamped training protocols to new marketing initiatives, and everything in between. For example, sales forecasts can inform smart schedules that make the most out of available labor hours.

Waste 78

Waste Cash Management Point of Sale Inventory 78

Restaurant365

APRIL 14, 2020

No matter what business model your restaurant is operating on, managing your restaurant inventory helps you prevent waste, lower your food cost, and maximize your bottom line. Instead, focus first on which menu items are your most profitable and popular, based on your recipe costing and historical sales.

Inventory 109

Inventory Delivery Management Management 109

Goliath Consulting

FEBRUARY 8, 2022

QR codes have been mentioned a few times in our blogs. Having said that, this helped restaurants reduce paper waste, printing, and limited contact in between customers and workers. The restaurant industry has been slowly adopting new innovative technology and digital solutions as of recent. These codes helped many restaurants in 2020.

2022 78

2022 Technology Online Ordering Customer Service 78

Hot Schedules

SEPTEMBER 8, 2021

Hotel operators are struggling with three major pain points: the labor shortage, competitive expansion, and lingering lockdown restrictions. Marriott’s doubling of its all-inclusive Caribbean resorts earlier this year and Hyatt’s similar move to expand its presence in the Caribbean and Europe portend the direction the market is taking.

Hotels 78

Hotels Inventory Guest Recovery Point of Sale 78

Restaurant365

OCTOBER 29, 2021

Restaurants are devoting time, energy, and marketing resources to improve the customer experience. During the COVID-19 pandemic, restaurants implemented new safety measures designed to encourage social distancing and limit points of contact. POS integration enables flexible payment options. Leveraging QR Codes & Mobile Pay.

Customer Experience 158

Customer Experience Technology Mobile Ordering Inventory 158

Lavu

DECEMBER 6, 2019

POS stands for point of sale. Digital inventory tracking can help with reordering automatically and reduce waste in the workplace. With an integrated POS system, you can keep track of inventory after each sale and keep an eye on every part of your inventory. What is an automated scheduler? Digital inventory tracking.

Kitchen Safety 78

Kitchen Safety Social Media Point of Sale Front of House 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

Restaurant365

OCTOBER 14, 2020

Inaccurate numbers can, at best, point you in the wrong direction, and at worst, lead to unsound financial decisions. When creating a restaurant budget, there are four main areas to consider: Track Your Restaurant Sales. Your restaurant sales, or income, are one of the biggest factors in your budget. Collect data.

Point of Sale 78

Point of Sale Email Marketing Cash Management Advertising 78

Izettle

NOVEMBER 15, 2021

Not only is it possible to connect your sales channels, but it can also be easy and quick to do, helping you to painlessly cut out all the extra work, and leaving you to reap the rewards. But add multiple sales channels to the mix, and an already tricky element of the business becomes even trickier. The answer, of course, is no.

Inventory 52

Inventory Management Management Point of Sale 52

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

Restaurant365

MAY 27, 2021

In a fluctuating economy, you don’t know exactly what is going to happen to sales. To understand the prime cost dollar amount in context, you can calculate it as a percentage of sales: Prime Cost as a Percentage of Sales = Prime Cost ÷ Total Sales. Where should you start?

Point of Sale 78

Point of Sale Inventory Waste Food Order 78

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

Focus POS

SEPTEMBER 10, 2020

Don’t waste money paying for functions that you don’t need, and don’t sacrifice quality just for a cheap system that doesn’t quite fit right. Restaurants can leverage software like upselling prompts to conduct better and more effective marketing. Using historical sales data, you can identify which add-ons are most popular.

POS 97

POS Loyalty Program Email Marketing Mobile Ordering 97

Restaurant365

OCTOBER 1, 2021

It can be calculated with the following formula: Gross Profit = Total Sales – CoGS. Your gross profit margin is expressed as a percentage, which you can use to understand how much of every dollar you make goes to your profit margin: Gross Profit Margin = (Gross Profit ÷ Total Sales) x 100. Why restaurant profit margins are low.

Point of Sale 78

Point of Sale Food Truck Loyalty Program Inventory 78

Ordyx

MARCH 4, 2019

Thankfully, a modern solution can be found in the form of a modern POS, which is crucial in keeping the different elements of inventory management to reduce waste. Thankfully, a modern solution can be found in the form of a modern POS, which is crucial in keeping the different elements of inventory management to reduce waste.

POS 52

POS Email Marketing Point of Sale Website Management 52

Restaurant365

JUNE 4, 2021

Essentially, improving your restaurant profit margin relies on two things: your sales volume and your expenses. You can achieve a better sales margin by increasing sales revenue and decreasing expenses. ” Here are ten ways to drive long-term restaurant profitability, through increasing sales and decreasing expenses.

Loyalty Program 78

Loyalty Program Point of Sale Inventory Customer Service 78

Restaurant365

JUNE 24, 2020

This requires not only increasing total sales, but also reducing costs. While these are not optimal times in the restaurant industry, there are tactics you can implement now to both increase sales and optimize your controllable costs. You followed all the new health and safety regulations. Now it’s time to refocus on your bottom line.

Point of Sale 78

Point of Sale POS Inventory Employee Relations 78

Restaurant365

NOVEMBER 19, 2019

With nearly half of the United States imposing higher minimum wages starting in 2020, restaurants also need to focus on optimizing labor costs (especially as a percentage of sales). By integrating POS system with an accounting and scheduling platform, labor and sales data can be used for smart forecasting. Finding and training staff.

Operations 92

Operations 2020 Mobile Ordering Social Media 92

Notch

JANUARY 31, 2019

That leaves no room for wasteful spending. Food costs change, as does your menu, your sales, your guests and so many other factors affecting food cost control. Marketing Maintenance Food costs. Most restaurants operate on a profit margin of just 3-5 percent. What are the best food cost control methods?

Food 71

Food Seasonal Menu Point of Sale Waste 71

Notch

JANUARY 31, 2019

That leaves no room for wasteful spending. Food costs change, as does your menu, your sales, your guests and so many other factors affecting food cost control. Marketing Maintenance Food costs. Most restaurants operate on a profit margin of just 3-5 percent. What are the best food cost control methods?

Food 52

Food Seasonal Menu Point of Sale Waste 52

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 31, 2019

The modern CRM software helps businesses grow and sustain customer relationships for long-term sales. Data from various interaction points, purchases, and support requests are instantly gathered, stored, and managed within a centralized environment. It’s going to be a waste of time and resources as well.

Innovation 40

Innovation Email Marketing Point of Sale Customer Experience 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. 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. So, why do it? Why run a restaurant at all?

Email Marketing 72

Email Marketing Merchandise Website Management Point of Sale 72

Cheetah

SEPTEMBER 8, 2019

Customer Retention Is a Powerful Business Tactics To attract first-time diners, restaurant owners do anything from marketing to branding to offering discount vouchers. In other words, your customer churn rate directly affects your ability to grow your restaurant business and ultimately increasing overall sales.

Compost 114

Compost Loyalty Program Back of House Customer Service 114

Cheetah

SEPTEMBER 8, 2019

Customer Retention Is a Powerful Business Tactics To attract first-time diners, restaurant owners do anything from marketing to branding to offering discount vouchers. In other words, your customer churn rate directly affects your ability to grow your restaurant business and ultimately increasing overall sales.

Compost 110

Compost Loyalty Program Back of House Customer Service 110

Notch

JANUARY 23, 2019

Fortunately, driving more restaurant sales isn't particularly difficult. The key is to reduce your costs and increase your sales. 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. So, why do it? Why run a restaurant at all?

Email Marketing 52

Email Marketing Merchandise Website Management Point of Sale 52

The Food Corridor

MARCH 27, 2023

The latest forecast from Statista predicts the total market size to double from 2021 to reach $112.53 The latest forecast from Statista predicts the total market size to double from 2021 to reach $112.53 This article is a good starting point to learn the cloud kitchen basics. Food delivery is nothing new, of course.

Kitchen Safety 59

Kitchen Safety Delivery Online Ordering Food Order 59

Restaurant365

MAY 13, 2020

Knowing how to reduce restaurant employee turnover and increase retention rates in your staff can save your restaurant money in the long term, with resources once wasted on constant hiring and training put to better use. Restaurant employee turnover is the number of employees that leave a business over a period of time.

Technology 88

Technology Hiring Communication Tip Distribution 88