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8 Ways CFOs Can Help Restaurant Groups Through the Restaurant Reopening/Recovery

Restaurant365

However, many CFOs are still facing uncertainty, particularly from pandemic-related complications that are still challenging operations and restaurant profitability. Increased focus on restaurant loyalty programs or custom mobile apps. Ultimately, managing your vendor relationships is an area of risk management.

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Know About Restaurant Staff Incentives & It’s Impact On Staff Engagement and Retention

The Restaurant Times

However, restaurant operators must realize that they cannot foster loyalty in their teams unless they make them feel valued. Therefore, it is essential to have an efficient restaurant staff incentives program, which will help make your staff feel valued and contribute to the overall success of your restaurant in the UAE.

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6 Expert Tips To Create An Effective Cafe Business Plan For The UK

The Restaurant Times

Management Team: This should include the list of stakeholders involved in the management of your cafe such as owner, manager, Head Chef, etc. Your cafe business plan must include a careful analysis of the various factors- regulatory and market-related changes – that might impact the running of your cafe.

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Experts Weigh In: What Are Key Challenges Restaurants Will Face in 2022?

Modern Restaurant Management

The challenges our teams have faced over the last two years specifically has made us value our employees now more than ever. We have historically and continue to offer competitive pay, thorough training programs, flexible hours and a fun work environment so that we can continue to staff our locations as we grow.

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93 Restaurant Industry Statistics Every Food Service Operator Needs to Know in 2024

Apicbase

85% of operators use POS data to engage with customers via text or email, while 60% use it for their loyalty programs. Touchbistro , 2024) Another factor, perhaps less alarming, but constantly present regardless of macroeconomic challenges, is employee theft , which accounts for 4% of annual revenue loss in the restaurant industry.

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Decade of Disruption: Restaurant Insiders Dish What’s on the Plate

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked restaurant industry movers and shakers: "What do you feel is going to cause disruption in the restaurant industry over the next decade?” In addition to improving the guest experience, technology also makes it easier for restaurants to manage their operations. Reduce theft.

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Mastering Restaurant Metrics: Your Comprehensive Guide to Business Success 

Apicbase

In practice, however, successfully managing a group of busy restaurants is an awfully tough undertaking. The metrics and calculations in this list will help you bring order to the chaos and manage the performance of each unit in the chain. In theory, it sounds easy. Why Are Metrics Important? That said, let’s dig in.