7 Shifts

MARCH 31, 2021

While you’re at that, think about your restaurant’s floor plan and design and incorporate that as it will impact the customer experience. In general, lenders will want to see at least five years' worth of cash flow projections. From there, they will help you work through the numbers and provide an estimation of your future cash flow.

Cash Management 370

Cash Management Document Customer Experience Customer Service 370

7 Shifts

FEBRUARY 12, 2021

You have the advantage of a built-out kitchen with equipment, bars and dining rooms, technology, parking lots, and more. They could also be trying to get out of a bad situation—be it management, building, or market related. Have there been any major equipment repairs in the last six months to a year?

License 444

License Equipment Certification Information 444

7 Shifts

OCTOBER 31, 2022

The management team. Management team. It also shows that you've done your research given the market, suppliers, and have an idea on menu design. You may want to list out: Team Management. Inventory management systems. Task management tools. Manager Log Books. Design Mockups. Back of the house.

Point of Sale 397

Point of Sale Back of House Document Download 397

Modern Restaurant Management

JANUARY 8, 2024

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits.

2024 215

2024 Loyalty Program Cash Management Customer Experience 215

7 Shifts

JANUARY 23, 2020

This advice were submitted by owners and managers of restaurants of all sizes, concepts, and locations in the forthcoming 7shifts Restaurant Labor Management Study in 2020 ( subscribe to get your copy when it’s published!). Thoroughly research restaurant costs (operational, labor, equipment, etc.)—both Manager, Mercato Italiano.

2020 335

2020 Hiring Cash Management Education 335

Modern Restaurant Management

JUNE 14, 2022

It’s also more prevalent than some restaurant owners and managers might want to believe. A POS system is much more than a cash register or a checkout counter and its capabilities extend beyond that. Inventory Management System. Simply put, a point of sale is where you ring up customers for the product they purchased.

Point of Sale 203

Point of Sale Kitchen Safety Back of House Inventory 203

7 Shifts

SEPTEMBER 20, 2021

The restaurant tech industry is a growing one, with software and services designed to streamline almost every aspect of your business. Delivery, scheduling, inventory management, reservations, and guest management have seen technological advancements over the past few years, and it's just the beginning. All of this (and more!)

Technology 370

Technology Front of House Social Media Back of House 370

Modern Restaurant Management

MARCH 14, 2023

In addition to the promise of centralizing payments into one channel, accounting software not only reduces manual administrative burdens and stresses on employees, but also flags any fraud-risk or vulnerable points in the payments chain to the designated person/people in control of the business purse strings.

Technology 194

Technology Cash Management Employee Relations Sustainability 194

Modern Restaurant Management

AUGUST 4, 2020

Nowadays, though, owners and managers unable financially to bring back their full complement of staff are relying on the technology to facilitate almost everything with a food order, except make it. Many kiosk manufacturers don’t offer kiosks with cash options. Here’s how: Augmenting the Workforce.

Cash Management 198

Cash Management 2003 Mobile Ordering Customer Service 198

Modern Restaurant Management

APRIL 5, 2022

The reasons for the accelerated growth of this idea, the contribution of POS to these kitchens, the display systems to make the operations easier, and the automated operations used in the inventory as well in the kitchen for easy food management- are some of the ideas that will be discussed in the following paragraphs.

Online Ordering 196

Online Ordering Point of Sale Website Management Inventory 196

Modern Restaurant Management

APRIL 27, 2020

Consider the following in your risk management and business continuity programs: Use of Food Delivery Services vs. Company Employees – By using a hired food delivery service, a restaurant can reduce the chance of employees having an accident by using their cars or the owner’s vehicles.

Delivery 153

Delivery Hiring Transportation Food Safety 153

Modern Restaurant Management

APRIL 1, 2020

Last year, one of the first brands to go cashless, Sweetgreen, changed its policy to accept cash at all its locations. The quick-service restaurant (QSR) started accepting cash after Amazon confirmed it would take cash payments in all of its previously cashless Amazon Go stores. To eliminate cash is to eliminate customer choice.

Cash Management 173

Cash Management Mobile Ordering Fast Casual Employee Relations 173

7 Shifts

FEBRUARY 12, 2021

You have the advantage of a built-out kitchen with equipment, bars and dining rooms, technology, parking lots, and more. They could also be trying to get out of a bad situation—be it management, building, or market related. Have there been any major equipment repairs in the last six months to a year?

License 195

License Equipment Certification Information 195

Modern Restaurant Management

DECEMBER 21, 2022

Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. " – John Oakes, Revenue Management Solutions CEO. Slow movers tie up inventory -and the cash needed to by that inventory. For part one, click here.

2023 197

2023 Loyalty Program Mobile Ordering Customer Experience 197

The Rail

APRIL 4, 2024

These movers have extensive experience with commercial relocations and are well-equipped to move your bar fixtures and alcohol inventory safely. Keeping a close eye on cash flow during this period is vital. From the hefty brewing systems to the fragile glassware, each item demands careful handling.

Bar 52

Bar Customer Experience Email Marketing Customer Service 52

Modern Restaurant Management

MAY 21, 2020

For their safety and convenience, enable delivery and payment services that allow customers to pay without cash, as well as choose when and how their order should be delivered. Minimize the risk of contact between the customer and the cashier by installing a protective screen at cash registers. Offer Disposable Menus.

Social Media 215

Social Media Food Safety Cash Management Kitchen Safety 215

Modern Restaurant Management

DECEMBER 16, 2021

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their views on trends. With more options to work outside of the hospitality industry, operators must offer employees more scheduling flexibility, facilitate transparent communication between management and team members, and avoid overworking staff.

2022 180

2022 Food Supply Back of House Kitchen Safety 180

Harbor Touch

APRIL 14, 2020

The software is powerful, robust, and designed with many years of experience in the business. All of the Onyx systems come with free equipment, no up-front costs, 24/7 support, free menu programming, free onsite installation, and lifetime hardware warranty for one low monthly price. Harbortouch Bar and Restaurant. Harbortouch Checkout.

POS 78

POS Cash Management Point of Sale Retail 78

BNG Point of Sale

SEPTEMBER 8, 2021

POS System Vs Cash Register: What’s The Difference? . A cash register, at its most basic level, is designed to record the transactions of sales that occur in a store.-for POS System Vs Cash Register . We also look at the reason many businesses and business managers are choosing the POS system. .

POS 52

POS Cash Management Point of Sale Loyalty Program 52

Sling

JULY 1, 2023

5) Pick a great location When you’ve got cash in hand, it’s time to take the next step and find the spot that will soon turn into your restaurant. 6) Design an inviting interior space First impressions matter, which means it’s essential to put thought into your interior design. Keep it simple, at least at first.

Fine Dining 78

Fine Dining Cash Management Restaurant Law Consumer Goods 78

BNG Point of Sale

OCTOBER 13, 2021

A POS system for convenience stores is an invaluable asset and one of the most important business management tools for convenience store managers. Cash drawer. A POS speeds customer checkout at the cash register. Or, rather than purchase, lease equipment. Touchscreen monitors/all-in-ones are a popular POS option.

POS 52

POS Cash Management Point of Sale Equipment 52

The Restaurant Times

APRIL 18, 2021

Starting up your restaurant involves several aspects that need to be given significant attention, such as hiring employees, buying kitchen equipment, hiring chefs, and setting up the décor and furniture in your restaurant. This is because new appliances and equipment don’t need frequent repairs and are even designed to consume less energy.

Cash Management 52

Cash Management Social Media Email Marketing Equipment 52

Perfect Daily Grind

JANUARY 27, 2023

The keynote speech delivered by Michael Opitz, Managing Director of Hanns R. Uganda Coffee Development Authority distributes wet processing equipment to 35 local farmers and co-operatives. The resealable Penta Pak, which is recyclable and reusable, has a five-panel design, which the company says provides more stability.

2023 112

2023 2022 Events Certification 112

Modern Restaurant Management

MARCH 24, 2020

Feature-rich mobile POS systems have evolved to processing orders, sending tickets to the kitchen, providing detailed reporting and offering thorough inventory and business management. Cash registers are a technology of the past as business owners now focus on greater flexibility and control. The Evolution of POS. The Future of POS.

POS 122

POS Cash Management Point of Sale Mobile Ordering 122

7 Shifts

JANUARY 26, 2021

The big chains and national brands may be more well equipped than independents to embrace the evolving industry, but independents can thrive with a bit of strategy. With mobile ordering, there are no menus to pass out and back around, no germed-up credit cards to swipe, and no cash to handle. Keep communication open and frequent.

2021 370

2021 Front of House Social Media Back of House 370

The Restaurant Times

JANUARY 31, 2022

Yes, you can enrol in restaurant management classes or attend culinary school. The more experience a restaurant consultant has, the better equipped they will be to handle potential issues, and the more probable you will be able to launch your restaurant without difficulty. Professional Kitchen Design . Experience .

Cash Management 52

Cash Management Kitchen Safety Point of Sale Hiring 52

Modern Restaurant Management

FEBRUARY 3, 2022

You will also be able to implement changes and install new equipment much faster than would be possible if you needed to wait for a landlord’s permission. Easier Money Management. Cash flow management is one of the biggest challenges when running a restaurant.

Restaurant Law 203

Restaurant Law Cash Management Insurance Seating 203

7 Shifts

NOVEMBER 17, 2022

Recommended Reading: 7 Bar Inventory Building and Management Tactics for Restaurants. You'll need to have a designated darts area to avoid damaging your walls, floors, or furniture; otherwise, it's a no-brainer. The best part about Pinball is the creative lights, sounds, and designs. Differentiate your business from competitors.

Bar 195

Bar Sports Outdoor Brewery 195

Modern Restaurant Management

MARCH 16, 2020

Due to the Covid-19 outbreak effect on the restaurant industry, Modern Restaurant Management (MRM) magazine is compiling a list of resources available for restaurant owners, operators and managers. To be added to this guide, reach out to Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Sign up here.

Food Safety 234

Food Safety Kitchen Safety Small Business Employee Relations 234

Restaurant365

MARCH 10, 2022

With food costs running at approximately 30% or higher, learning importance of inventory management and how to prevent common mistakes is critical in successfully driving down costs and maximizing profits. Use a budget system to ensure you are proactively managing your spending. Manage inventory levels. Mistake #2. Mistake #3.

Inventory 78

Inventory Management Management Merchandise 78

Modern Restaurant Management

JUNE 5, 2020

Brining back their full staff would be overly burdensome and it is likely that many restaurants would not be able to generate positive operating cash-flow as it would limit them to a maximum potential of 50 percent of possible revenues while still having to cover 100 percent of fixed operating costs.

Outdoor 168

Outdoor Seating Government Employee Relations 168

Perfect Daily Grind

FEBRUARY 13, 2023

As part of this decline, more farmers are growing more profitable cash crops instead, such as cocoa and natural rubber. The organisation, which was founded in 1816, was designed to encourage liberated slaves to leave the US – but mainly for prejudiced and discriminatory reasons. How is coffee processed and traded in Liberia?

Agriculture 188

Agriculture Transportation Cash Management Article 188

Modern Restaurant Management

FEBRUARY 4, 2022

This instability will push operators to trim costs by shortening menus and investing in labor-saving technology to free up cash for wage increases. A short menu can slim down the food costs through streamlined inventory management, as well as reduced food waste. Pizza companies have long managed their delivery services independently.

2022 218

2022 Customer Service Online Ordering Website Management 218

Lavu

DECEMBER 12, 2022

A POS system is used to process transactions, store data about transactions, and provide many other features that help a business owner manage the operations and sales at their store. Also, given their bulk and design, legacy point-of-sale systems are difficult to update and often require you to manually update the system yourself.

POS 60

POS Point of Sale Mobile Ordering Cash Management 60

Perfect Daily Grind

SEPTEMBER 28, 2022

Now more than ever, access to data platforms designed for coffee production is becoming more widespread – but why is this so important? Producers need to see their farms as businesses , so they need to plan farm management similarly to any other business. Thankfully, this is starting to change.

Supplies 136

Supplies Sustainability Cash Management Point of Sale 136

The Food Corridor

JULY 15, 2020

And you find yourself spending less time chatting to tenants and tasting their delicious food and more time slumped over a laptop chasing payments, editing ever changing schedules, and managing out endless compliance paperwork. But what should you look for in a shared kitchen management system?

Management 72

Management Management Cash Management Book 72

Modern Restaurant Management

APRIL 18, 2023

I’ve always been a writer, though not formally, and have written for school newspapers, general leisure/poems to friends, and even co-authored a technical book “The Complete Restaurant Management Guide” in 1994. Think of it as an insider’s look into the field of restaurant concept creation and management.

Fast Casual 167

Fast Casual Casual Food Book 167