7 Shifts

JANUARY 10, 2024

Restaurant management systems have evolved rapidly over the past couple of decades. Table of Contents What is a restaurant management system? How does a restaurant management system work? A restaurant management system, or RMS, is software designed to streamline restaurant operations and simplify restaurant management.

Management 195

Management Management Point of Sale POS 195

7 Shifts

JANUARY 10, 2024

Restaurant management systems have evolved rapidly over the past couple of decades. Table of Contents What is a restaurant management system? How does a restaurant management system work? A restaurant management system, or RMS, is software designed to streamline restaurant operations and simplify restaurant management.

Management 195

Management Management Point of Sale POS 195

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. You’ll need roughly 10% down on your space.

License 354

License Cash Management Inventory Food Supply 354

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. First, let’s break down the two types of inventory costing, Actual and Theoretical. Theoretical Variance.

Inventory 78

Inventory Management Management Merchandise 78

Culinary Cues

DECEMBER 17, 2020

There are short-term band aid solutions such as takeout, delivery, or even conversion into retail markets where wine inventories and local necessities take over space once occupied by diners, but they are not a replacement for a steady turn of tables. Even the best operators are at a loss for solutions.

Uniforms 470

Uniforms Cash Management Brewery Consumer Goods 470

Xtra Chef

OCTOBER 28, 2020

Restaurant inventory management is not the most enjoyable restaurant task. Inventory management is a cost management strategy that influences your restaurant food costs , revenue, profitability, and cash flow. But having too little inventory makes it difficult to meet customer demand.

Inventory 78

Inventory Management Management Cash Management 78

Xtra Chef

DECEMBER 2, 2020

Restaurant inventory management with Excel takes too time and can lose you money. Inventory management with Excel in restaurants is a common food cost control method that helps you order the right amount of food at the right time to minimize waste, reduce food costs, and maximize profits. Here’s a better solution.

Inventory 91

Inventory Management Management Cash Management 91

Restaurant365

AUGUST 4, 2020

Running a successful restaurant business is all about spending your cash wisely. You invest a large amount of your budget in inventory. When that inventory is wasted, stolen or spoiled before it’s sold, it must be written off as an expense in the books. What is restaurant inventory management?

Inventory 78

Inventory Management Management Cash Management 78

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 212

2024 Loyalty Program Cash Management Customer Experience 212

Culinary Cues

AUGUST 7, 2021

STATE OF MIND: Many are approaching this challenge as a roadblock to success, something that is preventing restaurants from finally getting their groove back and watching cash flow exceed the cost of doing business. True – this will not help restaurants today, but we need to get beyond crisis management and start to think long term.

Social Media 474

Social Media Cash Management Blog Equipment 474

Focus POS

DECEMBER 8, 2021

During a “normal” year, restaurant owners and operators face issues such as cash flow and capital, inventory management, hiring and training and providing excellent customer service. Training new employees and helping them to perform their jobs successfully is a top priority now. Contact us to learn more.

Mobile Ordering 148

Mobile Ordering Point of Sale Cash Management Online Ordering 148

The Restaurant Times

NOVEMBER 15, 2021

You work hard to train your bar staff, keep your customers happy, maintain positive distributor relationships, stay on top of your bar’s sales and inventory data, keep your establishment clean, bring in business, and reinforce the big picture of your bar, whether you’re a bar manager, beverage director, or general manager. .

Training 52

Training Bar Dietary Restrictions Point of Sale 52

Mad Mobile

FEBRUARY 13, 2024

Sometime after closing for the night, pouring over customer complaints on Yelp, you realize something crucial: you forgot to train your staff. Today, we share some best practices and tips for training your staff to use an iPad POS ordering system like CAKE’s tableside solution. It’s a vital part of keeping your business thriving.

POS 40

POS Training Management Management 40

Culinary Cues

AUGUST 28, 2020

Work at it, train for it, stand behind it, and make a difference. I don’t know what that means for your operation but take an inventory and look for the sensual interaction with guests. INVEST IN TRAINING. This is not the time to cut back on training. How do you make it come alive with hospitality? BE PRESENT.

Social Media 436

Social Media Communication Loyalty Program Training 436

7 Shifts

MAY 23, 2024

Managing a restaurant is not for the faint-hearted. A restaurant budget allows restaurant owners and managers to see directly if they are meeting their income and expense benchmarks. Promotes proactive decision-making Restaurant owners and managers must adapt quickly to be successful and retain their competitive advantage.

Point of Sale 222

Point of Sale Seasonal Menu Food Supply Cash Management 222

Squirrel Systems

MAY 17, 2024

Cost Management : Monitor costs, including food, labor, and overhead. Look for opportunities to negotiate better terms with suppliers and optimize inventory management. They provide detailed sales reports, inventory tracking, and guest data. Provide leadership training and mentorship to prepare them for these roles.

Operations 52

Operations Loyalty Program Cash Management Point of Sale 52

MBB Hospitality

MARCH 24, 2020

Maintaining an effective inventory revenue margin requires both the right infrastructure in terms of personnel and technology and the right practices. Only a multi-modal approach to your restaurant’s inventory can maximize your profits and promote strategic revenue management. Employee training. Update your security.

Inventory 52

Inventory POS Cash Management Tip Distribution 52

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!). Training before opening. Manager, Mercato Italiano. Dawn Tyndall, Clean Juice. Jake, Mojo Burrito.

2020 335

2020 Hiring Cash Management Education 335

Modern Restaurant Management

SEPTEMBER 14, 2022

However, trained chefs don’t need to worry about losing their jobs to a restaurant AI yet, but we cannot dismiss this scenario entirely either. AI can assist restaurants in optimizing how they manage and operate menus to increase margins. But they have tons of cash to burn on such gimmicks, right?

Front of House 204

Front of House Mobile Ordering Loyalty Program Back of House 204

7 Shifts

SEPTEMBER 28, 2020

Keep reading to learn: Server side work your FOH team should be doing Best practices for executing these side duties of a server How to build server side work into shifts 4 Server Side Work Duties to Add Alongside Primary Server Duties The most important server side work duties are cleaning, restocking, organizing, and managing safety.

FOH 195

FOH Management Management Cash Management 195

Culinary Cues

MAY 15, 2021

To attract and retain quality staff you must train well, treat them with respect, pay them a respectable wage, offer reasonable benefits, and provide them with the tools to be successful. When menus are well researched and managed then a restaurant stands a chance of success. PLAN BETTER – TRAIN HARDER. CAFÉ Talks Podcast.

Customer Experience 387

Customer Experience Cash Management Customer Service Front of House 387

Embrace the Suck

JANUARY 20, 2021

They didn’t have adequate cash reserves and lived for the weekend sales to keep them going. We should be managing our inventory better. This will also reduce inventory and staffing as well, which is a good thing moving forward. Get Your S**t Together. Most restaurants and bars got caught with their pants down.

Social Media 416

Social Media 2001 Online Ordering Cash Management 416

ChefMod

MAY 13, 2024

AP automation solutions specifically designed for hospitality help restaurant owners optimize their purchasing process, recipe management, inventory, analytics, GL mapping, and visibility into expenses across all suppliers. What is Accounts Payable Automation? How Does AP Automation Enhance Financial Operations?

Cash Management 40

Cash Management Inventory Audits Management 40

Restaurant365

DECEMBER 11, 2020

As 2021 begins, there are many restaurant management best practices that can be applied to strengthen your business, in the short and long term. Manage cash flow by creating a cash flow forecast. Your total cash flow is your cash inflows (for restaurant. over a certain period of time.

2021 136

2021 Cash Management Management Management 136

Lavu

SEPTEMBER 29, 2023

Additionally, some businesses have partnered with job training programs and schools to attract a new generation of workers to the industry. Investing in employee development and training programs is another way to attract and retain top talent. Cross train your new restaurant staff to keep up with the restaurant worker shortage.

Loyalty Program 166

Loyalty Program Front of House Mobile Ordering Customer Service 166

Focus POS

AUGUST 26, 2020

It’s more crucial now than ever to manage pour costs effectively. . Your inventory is your largest asset. Keep track of every single dollar you spend on your inventory, and make sure you always know how much of each product is on hand at all times. Here is how you can cut costs and optimize your revenue: .

Management 128

Management Management Bar Inventory 128

Restaurant365

MAY 7, 2020

General managers and restaurant owner/operators should create checklists for crew and managers to use during their shifts. This will streamline your inventory and give you better visual access to your shelves. Staff Health, Hygiene and Training. Managing Food Pick Up and Delivery. Clean and organize your shelves.

Food Safety 142

Food Safety Cash Management Point of Sale Social Media 142

Crunchtime

FEBRUARY 7, 2024

Historically, operators have relied on paper checklists and field management teams to roll out and enforce their standard restaurant operating procedures and as part of their retail operations management. Standard restaurant operating procedures help staff and leadership do their jobs better and ultimately, make customers happier.

Operations 78

Operations Audits Cash Management Food Safety 78

Restaurant Engine

JANUARY 26, 2022

So, you want to do inventory on at least a weekly basis if not daily. This will help you manage your inventory, have the right stock on hand, and ensure no one is stealing your food. By controlling food waste with accurate inventory management, you’ll improve your food service bottom line.

Cash Management 59

Cash Management Food Website Management Inventory 59

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

Hot Schedules

MAY 25, 2021

Software Engineering Manager. Software Engineering Manager. Our Inventory solution provides restaurants with the ability to perform inventory counts efficiently and accurately. Chad Marais. Chad is a long-lasting partner of Fourth, supporting the solution and leading one of the engineering teams in South Africa.

Cash Management 148

Cash Management Customer Service Customer Experience Sports 148

Modern Restaurant Management

JANUARY 28, 2021

Owners and managers can struggle with keeping their teams accountable and up the standards they expect. The tone you set from the interview and throughout training will dictate the level of dedication your new hire provides. The employee onboarding schedule should have crystal clear milestones for training and performance.

Cash Management 167

Cash Management Restaurant Law Training Take-out 167

Restaurant365

OCTOBER 30, 2020

As a restaurant owner or manager, sometimes you may need to jump in to help keep business running smoothly. However, the day-to-day tasks can distract from the bigger-picture work that is essential for your long-term business health: restaurant operations management. What is restaurant operations management?

Operations 78

Operations Management Management Inventory 78

Xtra Chef

DECEMBER 11, 2019

Whether you are an executive chef, a seasoned restaurant finance executive, or an owner/operator who manages your own books, speaking the language of restaurant accounting will help keep all financial stakeholders on the same page. In Part 2, we’ll help you decide how best to manage accounting at your restaurant. Inventory Management.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

Restaurant365

DECEMBER 6, 2021

Proper forecasting can help you optimize your variable costs, like inventory, staff, and prep, ensuring you are not contributing to food waste or running out of key items from your menu. Consistent Inventory Counts. Keeping that cadence will allow you to spot any inventory anomalies much quicker. Inventory is expensive.

Supplies 78

Supplies Food Supply Waste Inventory 78

BNG Point of Sale

OCTOBER 15, 2021

The terms cash register and point of sale system are often interchangeably used. But there are many advantages of a point-of-sale system, over cash registers, as a company management solution. You need a point of sale (POS) system or cash register to process transactions and sales. Advantages of POS System for Retail.

Retail 52

Retail POS Cash Management Point of Sale 52

The Restaurant Times

SEPTEMBER 30, 2021

Restaurant operations, as we know them, are being totally upended by innovation and technology and when used correctly, restaurant management software is a sure-fire approach to assure a restaurant’s success. . Imagine the time and cost efficiencies you could get with a complete restaurant management system.

Management 98

Management Management Cash Management Front of House 98