Restaurant365

FEBRUARY 25, 2020

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. While profit margin may be a widely known metric, it can be difficult to fully understand everything that affects the calculation. Net Profit Margin. Full-Service Restaurants.

Loyalty Program 183

Loyalty Program Fast Casual Point of Sale Online Ordering 183

Focus POS

DECEMBER 22, 2021

A Recipe for Successful Restaurant Management. The pandemic caused added pressure in 2020, with sales down $239 billion from expected levels and employment dropping 3.1 Technology for Successful Restaurant Management. Keeping a restaurant successful heavily relies on restaurant management’s effectiveness.

Management 146

Management Management Loyalty Program Online Ordering 146

Modern Restaurant Management

JANUARY 13, 2020

By performing an honest assessment and diving deep into point-of-sale (POS) reporting, payroll data, online customer reviews, and various other analytics, even the most successful restaurant operators can identify areas that can be streamlined to cut costs, save time, and boost revenue in the new year. Automate, Automate, Automate.

2020 186

2020 Website Management Online Ordering Point of Sale 186

Open for Business

NOVEMBER 21, 2022

But today, pretty much all restaurateurs rely on at least some restaurant technology. In fact, restaurants use an average of 3 technology tools to manage their back offices alone. There’s a lot that emerging restaurant technology can do for you these days. It also helps you easily see and make sense of sales data.

Food Safety 78

Food Safety Email Marketing Mobile Ordering Website Management 78

Ordyx

JUNE 19, 2019

Every business has its own needs, but one thing is for sure: technology is always there to help. Restaurants have a specific set of needs, and typically, there are several technology options to consider for each. Here’s how to choose the most critical pieces of technology for your restaurant.

Technology 52

Technology Point of Sale POS Employee Relations 52

MBB Hospitality

NOVEMBER 28, 2023

In today’s digital age, a strong online presence with a well-maintained website, active social media profiles, and engaging content can set you apart. Financial Management and Cost Control In tough economic times, the meticulous financial oversight can make all the difference.

Loyalty Program 52

Loyalty Program Customer Service Customer Experience Social Media 52

Buzztime Business

DECEMBER 26, 2023

These strategies can help increase sales while driving up guest satisfaction – it’s a win-win. Empower your waitstaff with sales secrets for bigger checks (and tips). Result: Boost Drink and Dessert Sales by Up to 40% Select louder, higher tempo tunes during busy times (you’ll turn tables faster). Put fun on the menu.

2024 97

2024 Bar Email Marketing Loyalty Program 97

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. 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?

Kitchen Safety 78

Kitchen Safety Social Media Point of Sale Front of House 78

Chowly

APRIL 5, 2023

As the popularity of delivery has increased, managing delivery operations has proven to be a nightmare for many restaurant operators, particularly small business owners. The influx of technology solutions, while helpful in many ways, has created chaos in restaurant kitchens across the nation: a mess we call “tablet hell.” The problem?

Online Ordering 52

Online Ordering Point of Sale POS Food Order 52

The Restaurant Times

JANUARY 14, 2022

This calamitous state of affairs emphasizes the dire need for an improved food management system. So, adequate food waste management measures in restaurants can do wonders for the overall food waste reduction goal. Globally, food waste generates 4.4 Gt of CO2e annually, accounting for 8% of GHG emissions. Choose Location.

Waste 98

Waste License Loyalty Program Website Management 98

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. You can also track the Cost-to-Sales Ratio, comparing food costs as a percentage of sales. Restaurant Startup Costs Breakdown.

Point of Sale 120

Point of Sale License Insurance Employee Relations 120

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. To prepare for the new year, restaurant owners, operators, and managers need to start planning now. This adjustment should also include your changes in takeout and delivery sales.

2021 78

2021 Operations Mobile Ordering Social Media 78

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

Focus POS

SEPTEMBER 10, 2020

Using historical sales data, you can identify which add-ons are most popular. Download our free ebook: 4 New Must-Have Technologies for Your Restaurant. You should be able to manage and track your drivers and ensure they have turn-by-turn instructions for the fastest routes to ensure deliveries are made on-time. Online ordering.

POS 97

POS Loyalty Program Email Marketing Mobile Ordering 97

MadMobile

NOVEMBER 10, 2022

This has led to retailers making changes in their management, digital selling strategies, and use of technology. This article covers hybrid shopping and its popularity and explains what retail management tools associates can use to fuel this experience for their customers. What is Hybrid Shopping? How Popular is Hybrid Shopping?

Retail 40

Retail Mobile Ordering Social Media Online Ordering 40

Modern Restaurant Management

MAY 12, 2020

In this edition of MRM News Bites, read about efforts to help the restaurant industry and heroes as well as "new normal" restaurant technology and products. The company is exploring collaborations with corporate partners and charities, as well as merchandise sales, to keep its mission alive. "When Dining Bond Goes Global.

Mobile Ordering 129

Mobile Ordering Online Ordering Food Order Recycling 129

Lavu

JUNE 12, 2019

These are just some of the rewards that come with managing a restaurant. Implementing an events program can be a highly effective method for increasing revenue in a way that’s predictable, manageable, and effective. Leverage technology. This guest post was contributed by Gather. Seeing faces of excitement when a dish comes out.

Events 64

Events Social Media Website Management Point of Sale 64

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 189

Healthcare Employee Relations Online Ordering Customer Service 189

Izettle

NOVEMBER 15, 2021

The idea is that by ensuring you have a presence almost anywhere your customer is, you’ll never miss out on a sale. It involves creating a seamless flow you can use to pull your customers through one smooth, interconnected sales journey. It’s a multi-dimensional way of supporting the customer experience. Let’s say you sell flowers.

Marketing 52

Marketing Social Media Point of Sale Email Marketing 52

Modern Restaurant Management

OCTOBER 31, 2019

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features interesting and insightful trends from Upserve, order for pickup guest experience study results, the Fraud Aftershock Index and the importance of foot traffic. National Menu Trends. The team at Upserve just released their latest trends report.

2019 136

2019 Mobile Ordering Online Ordering Customer Experience 136

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 183

2020 Franchise Franchising Food Order 183

Black Box Intelligence

NOVEMBER 1, 2021

Restaurant Sales and Traffic Post Strongest Results in 4 Weeks. The industry had a strong rebound in sales and traffic growth and the week ending October 17 posted the strongest results in 4 weeks. . Only fine dining did improve in sales growth. QSR, fast casual and casual dining improved the most (improved sales growth by 1.9

Fast Casual 84

Fast Casual Guest Recovery Fine Dining Point of Sale 84

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. Furthermore, the pandemic has eliminated the need for salespeople, forcing many operators to heavily rely on website/app focused shopping.

2021 52

2021 Email Marketing Front of House Cash Management 52

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

Cheetah

SEPTEMBER 8, 2019

In other words, your customer churn rate directly affects your ability to grow your restaurant business and ultimately increasing overall sales. Create a space on the website for guests to leave their comments, read through them on a weekly basis and implement changes if necessary.

Compost 114

Compost Loyalty Program Back of House Customer Service 114

Cheetah

SEPTEMBER 8, 2019

In other words, your customer churn rate directly affects your ability to grow your restaurant business and ultimately increasing overall sales. Create a space on the website for guests to leave their comments, read through them on a weekly basis and implement changes if necessary.

Compost 110

Compost Loyalty Program Back of House Customer Service 110

The Food Corridor

JUNE 3, 2020

With movement restricted and social distancing measures becoming the new normal for restaurants, we have seen an acceleration in the move to digital technology for food businesses. Emerging Food Technology Platforms that are Set to Power the Future of Food. Emerging Food Technology Platforms that are Set to Power the Future of Food.

Food 87

Food Online Ordering Food Order Customer Service 87

The Food Corridor

MARCH 27, 2023

But moving to a delivery- only model has been made possible recently by advances in technology and changes in consumer habits. The Food Corridor powers cloud kitchens with booking and management tools How does a cloud kitchen work? or directly from the virtual restaurant via their own app, website, or telephone number.

Kitchen Safety 59

Kitchen Safety Delivery Online Ordering Food Order 59

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

Restaurant365

MAY 30, 2022

But there was also excitement as the NRA predicted restaurant sales this year to climb higher than ever , long-isolated colleagues had the chance to reconnect, and Nathan’s Famous kept the hot dogs coming throughout the four-day affair. . It’s All About Automation . The most interesting of which came from Israel’s Yo!

2022 29

2022 Front of House Recruiting Back of House 29

Notch

MAY 7, 2019

If you can fork up somewhere in the range of $110,000 to $850,000 (the average is $480,000), then you’ve got a starting point. According to MarketWatch, bar revenues dipped by 10% in the midst of the financial downturn a decade ago, but the market outlook for bars appears much better today. Can you even afford to open a bar?

Bar 64

Bar License Back of House Hiring 64

Notch

MAY 7, 2019

If you can fork up somewhere in the range of $110,000 to $850,000 (the average is $480,000), then you’ve got a starting point. According to MarketWatch, bar revenues dipped by 10% in the midst of the financial downturn a decade ago, but the market outlook for bars appears much better today. Can you even afford to open a bar?

Bar 52

Bar License Back of House Hiring 52