7 Shifts

MARCH 10, 2021

There are many reasons why a restaurant fails — no industry experience on the part of the owner, poor location, not enough operating capital — but the main reason is a lack of planning. This process includes focusing on your daily finances , such as cash flow, payroll, and inventory. Also, consider investing in a new POS system.

Management 370

Management Management Small Business Email Marketing 370

7 Shifts

APRIL 3, 2020

Psst, even outside of these extraordinary times, this information is also valuable for any restaurateurs that are looking to optimize their operations and get a handle on what they can and cannot control in order to reduce monthly expenses in their restaurant.

BOH 368

BOH POS Influencer Point of Sale 368

Modern Restaurant Management

MARCH 24, 2020

The modern restaurant point-of-sale (POS) system has grown beyond simply handling payments. 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. The Evolution of POS.

POS 98

POS Cash Management Point of Sale Mobile Ordering 98

Modern Restaurant Management

FEBRUARY 20, 2024

Easy-to-Use POS Finding the right Point of Sale (POS) system is essential to streamlining operations and keeping employees happy. Restaurant workers have to interact with a POS system countless times in a day. “They can’t retain employees to the same level.”

Technology 120

Technology Cash Management Customer Experience POS 120

BNG Point of Sale

OCTOBER 13, 2021

Convenience Store POS System Costs. Costs to be Aware of When Considering a Convenience Store POS System. To be successful, a convenience store business owner must closely monitor operational errors, waste of business hours, and business losses. A convenience store POS system includes hardware and software: POS Hardware.

POS 52

POS Cash Management Point of Sale Equipment 52

7 Shifts

SEPTEMBER 20, 2021

The first technologies that restaurants often invest in are the cloud-based point of sale (POS) systems and payroll processing. Delivery, scheduling, inventory management, reservations, and guest management have seen technological advancements over the past few years, and it's just the beginning. Point of Sale (POS) Terminals.

Technology 370

Technology Front of House Social Media Back of House 370

Lavu

DECEMBER 12, 2022

If you’re looking for an affordable and simple way to process sales at your business, you can find everything you need in an iPad POS system. An iPad POS system allows you to run your business from a sleek and modern iPad tablet. iPad POS systems are convenient, portable, and fast.

POS 60

POS Point of Sale Mobile Ordering Cash Management 60

Modern Restaurant Management

APRIL 5, 2022

Various existing and new companies are adopting this trend to reduce operational expenses and risks. In this blog, we will discuss the various facets being utilized to enhance the entire operation of the ghost kitchen efficiently. Dog Haus, for example, began with just two stores but now operates over 10 ghost kitchens worldwide.

Online Ordering 184

Online Ordering Point of Sale Website Management Inventory 184

Harbor Touch

APRIL 14, 2020

You don’t have spend thousands of dollars out of your pocket to buy a POS system. The latest trend in POS is POSSaaS (POS Software as a Service). An award-winning POS company like Harbortouch has been ahead of the game for years by offering a hybrid model of SaaS with free hardware.

POS 78

POS Cash Management Point of Sale Retail 78

The Restaurant Times

JULY 17, 2021

POS software solutions are now ubiquitous. From small retailers to restaurants, POS software is used for billing almost everywhere. According to a report by Marketsandmarkets , the cloud POS systems market is expected to touch USD 3.73 But first, let us see what both of these POS systems are. billion by the year 2023.

POS 52

POS Cash Management Online Ordering Point of Sale 52

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 . A simple purchase like buying a purse can be recorded in detail by the POS register.

POS 52

POS Cash Management Point of Sale Loyalty Program 52

7 Shifts

MARCH 11, 2020

You won’t have cash coming in until you open your doors, so you’ll have to depend on your life savings, investments, and loans to get you through your first few weeks or months of business. If your space is worth $1 million, for example, you’ll need $100,000 in cash to lock in the space. How does this break down, roughly?

License 354

License Cash Management Inventory Food Supply 354

Restaurant365

SEPTEMBER 23, 2021

Whether you’re a bookkeeper, accountant, restaurant owner, or store-level manager, understanding the basics of accounting can pay dividends for your business. Healthy accounting procedures for restaurants can help you manage food and labor costs, understand your profits and losses, and make strategic decisions about expenses and investments.

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Modern Restaurant Management

OCTOBER 4, 2022

Credit card payments have been outpacing cash transactions for some time now. The use of cash continues to fall, down to just 19 percent in 2021, and at the same time, spurred by the pandemic and simultaneous advances, digital payments are on the rise. When that network goes down, so do your operations. Mobile POS.

Point of Sale 187

Point of Sale Cash Management Mobile Ordering Customer Experience 187

Restaurant Clicks

FEBRUARY 17, 2020

Today, some of the best POS systems for restaurants incorporate a host of useful tools that can efficiently integrate various processes all on one platform. If you’re a restaurant owner, it can be difficult to figure out which POS system is best for your unique business. What is a POS System? Best POS Systems for Restaurants .

POS 78

POS 2020 Point of Sale Loyalty Program 78

BNG Point of Sale

MAY 28, 2020

See Why Many Businesses Are Using Mobile POS Systems To Grow Their Business In 2020. Incorporating a mobile point of sale (POS) system into your small business is one of the best ways. What is a mobile POS system and why do I need one? Businesses that travel to or operate multiple locations can do so from a single device.

POS 94

POS Mobile Ordering Point of Sale Small Business 94

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. Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour.

2024 211

2024 Loyalty Program Cash Management Customer Experience 211

BNG Point of Sale

OCTOBER 13, 2021

Types of Point-of-Sale (POS) Systems. Point-of Sale (POS) systems are increasingly powerful tools for improving sales and profits. They offer a wide range of hardware and software options to aid in everything from sales to management to accounting. Business owners have many POS systems from which to choose. Label printer.

POS 52

POS Loyalty Program Point of Sale Cash Management 52

Modern Restaurant Management

JUNE 9, 2022

But independently owned, more agile operations can out-maneuver big brands by leaning on their point of sale (POS) platforms to increase sales and expand their client bases. Consider tapping into the treasure trove of customer information your POS platform contains. Glean data insights to help manage and build your team.

Front of House 182

Front of House Point of Sale POS Cash Management 182

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 Hiring/staffing ??

2020 335

2020 Hiring Cash Management Education 335

Modern Restaurant Management

APRIL 17, 2023

Mobile Order Applications Mobile smart order apps for waiters help to speed up the service and manage the orders right at the guest’s table. A mobile order app will enable the clients to conduct restaurant management and delivery systems automatically, faster, and completely online with the help of new innovative solutions.

Mobile Ordering 193

Mobile Ordering Cash Management Online Ordering Front of House 193

Modern Restaurant Management

FEBRUARY 3, 2022

Seventy-four percent of full service restaurants (FSRs) managed to maintain or increase their sales during the pandemic; however, profit margins in 2021 declined to 10 percent, compared to 12 percent in 2019, according to third annual State of Full Service Restaurants Report released by TouchBistro.

Loyalty Program 174

Loyalty Program Online Ordering Cash Management Point of Sale 174

The Restaurant Times

AUGUST 30, 2022

One such new-age technology is the restaurant point of sale (POS) system. However, you must choose the ideal POS system with the right features to help you run your restaurant better and generate healthier ROI. What is a Restaurant POS System? How does a Restaurant POS System work?

POS 52

POS 2022 Point of Sale Mobile Ordering 52

The Restaurant Times

DECEMBER 21, 2020

However, technology solutions like the latest restaurant management software can play a significant role in determining its long-term success. A powerful restaurant management software can boost operational efficiency and optimize customer experience. Must-Have Restaurant POS Software Features. Cloud-Based Technology.

POS 52

POS Mobile Ordering Cash Management Inventory 52

Touch Bistro

JUNE 17, 2021

Restaurant POS systems have undergone a lot of change in recent years, and some of the biggest changes have been to the POS hardware. Just a decade ago, most POS hardware could be described as chunky, immobile, and expensive to maintain. Get the Ultimate Guide to the Best Restaurant POS Systems. Download Now.

POS 52

POS Cash Management Mobile Ordering Front of House 52

7 Shifts

OCTOBER 31, 2022

Section 5: Operations Plan. A good operator looks back on their Business Plan on a monthly or quarterly basis to gauge where they are in terms,” says Mark Moeller, president, and owner of The Recipe of Success , a national restaurant consulting firm. The management team. Management team. Section 1: Executive Summary.

Point of Sale 398

Point of Sale Back of House Document Download 398

Modern Restaurant Management

AUGUST 16, 2023

Gone are the days of cash-only transactions. With integrated point-of-sale (POS) systems, the entire dining process is streamlined, from when customers order to when they pay for their meals. They can also integrate with loyalty programs and customer relationship management (CRM) systems to further personalize the dining experience.

Loyalty Program 167

Loyalty Program Mobile Ordering Dietary Restrictions Point of Sale 167

Clover - Restaurants

APRIL 23, 2024

For instance, depending on how successful the restaurant has been, you’ll inherit a customer base, trained staff, and the equipment and space you need to hit the ground running. An existing restaurant also has an established cash flow, as well as a system in place for managing inventory, staffing, and running the kitchen.

Point of Sale 52

Point of Sale Cash Management Franchise Franchising 52

BNG Point of Sale

OCTOBER 13, 2021

A Guide To Choosing the Best POS System for Your Convenience Store. Choosing from what seems like an endless list of POS options can be a daunting task, whether you’re looking to upgrade your outdated equipment or searching for a point-of-sale solution for your new c-store. Any store, new or old, needs the appropriate POS.

POS 52

POS Point of Sale Cash Management Inventory 52

Touch Bistro

JULY 20, 2021

Whether you’re new to the restaurant scene or a seasoned veteran in the industry, having the right restaurant equipment list is crucial to your business’s success. That’s why we’ve created this comprehensive commercial restaurant equipment list. 24 Essential Pieces of Restaurant Equipment. Let’s get started. Food Processors.

Equipment 52

Equipment Kitchen Safety Point of Sale Food Safety 52

Modern Restaurant Management

JUNE 14, 2022

It’s also more prevalent than some restaurant owners and managers might want to believe. That hurts your bottom line and is regressive to the rest of your restaurant operation. A POS system is much more than a cash register or a checkout counter and its capabilities extend beyond that. Inventory Management System.

Point of Sale 199

Point of Sale Kitchen Safety Back of House Inventory 199

BNG Point of Sale

OCTOBER 15, 2021

How to Choose the Best POS System for Retail. How to Choose the Best POS System for Your Retail Business. The appropriate POS is critical for your success, whether you are starting a retail business for the first time or as a seasoned entrepreneur. A good POS system has the following features: Inventory tracking.

Retail 52

Retail POS Point of Sale Email Marketing 52

Apicbase

MARCH 3, 2023

POS integration is essential. Although the point-of-sale system (POS) remains the technological heart of restaurants, numerous technologies run behind the scenes these days. Some technologies integrate with the restaurant’s POS, allowing data to be easily shared between front-of-house (FoH) and back-of-house (BoH) systems.

Point of Sale 52

Point of Sale POS Management Management 52

Modern Restaurant Management

AUGUST 20, 2020

COVID-19 has changed how the foodservice world operates. With hand hygiene becoming a major point of emphasis, this also keeps patrons and staff from exchanging cash, change and cards frequently. As long as your POS platform is up to date, adding mobile pay only requires a software upgrade and compatible smartphones or tablets.

Cash Management 204

Cash Management Equipment 2012 Technology 204

Modern Restaurant Management

MAY 5, 2023

This type of technology-aided self-service speeds up things in the kitchen, and is not subject to misunderstandings between customers and cash operators, all while reducing the burden on the staff and the waiting time for customers. This helps reduce expenses and improves the restaurant’s overall efficiency.

Mobile Ordering 165

Mobile Ordering Online Ordering Customer Service Customer Experience 165

Aaron Allen & Associates

MARCH 3, 2022

There are so many things to think about — from inventory management to restaurant payment and billing and more — it can be difficult to keep track of it all. That’s where restaurant management software comes in. In this roundup, we will take a look at some of the best restaurant management software out there.

Management 120

Management Management Mobile Ordering Point of Sale 120

Marketman

SEPTEMBER 1, 2019

You’re going to manage your very own restaurant. Managing a restaurant covers all aspects of the business, from inventory and purchasing to distributors and vendor payments , and you need to be prepared. There’s a laundry list of items you’ll need for efficient back of house operations. Your dream is about to come true.

Equipment 66

Equipment Front of House Back of House Food 66