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Owning a Bar: Everything You Need to Know

7 Shifts

Funding : Options include family and friends, the bank, and outside investors Restaurant Business Plan Template Start creating you restaurant business plan with our free PDF template Download now 3. Specialty bars focus on a particular type of drink or theme, such as wine bars or cigar bars, but can be much more expensive to manage.

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Surviving COVID-19: 7 Financing Options for Restaurants

7 Shifts

From small business loans to microgrants to business credit cards, cash is available; it just takes a bit of application work and a little know-how. Best for: Businesses who need cash to keep their doors open and their staff employed. Download a copy of the PPP borrower application form and submit it to your desired lender.

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Seven Traits of Successful Restaurant Owners and Managers

7 Shifts

This process includes focusing on your daily finances , such as cash flow, payroll, and inventory. Invest in Technology Accounting and inventory management software are just a couple of the technologies that small business owners should invest in. Or check out how 7shifts optimizes your restaurants labour management.

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How Restaurants Can Remain Competitive in 2021

7 Shifts

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. The number one thing you need to fix is your website,” says Walchef. For fast-casual and quick-service restaurants—no more lines. Keep communication open and frequent. Check in on your team.

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Why Now is the Best Time to Upgrade Your Restaurant POS (Sponsored)

Modern Restaurant Management

On-the-Fly Menu Management. Guests still need to speak directly with a server to place an order, and payment still takes place via cash, card and printed receipts. Many turned to their social media channels and restaurant websites to welcome guests to new pandemic-friendly products and ordering methods. About GoTab, Inc.

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iPad POS Systems: The Ultimate Buyer’s Guide

Lavu

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. Use your POS for inventory management and receive real-time information so you can make quick decisions accordingly.

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COVID-19 Resources for Restaurants

Modern Restaurant Management

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-managed site also provides a direct connection to the industry’s grassroots engagement platform.