Modern Restaurant Management

AUGUST 6, 2020

Taking the example of dishes with a high ‘perceived value’, such as proteins, desserts and drinks, can allow for higher prices and better the bottom line. Technology can help streamline ordering for free, save time and remove errors to help a restaurant’s bottom line and manage their business more effectively.

Front of House 212

Front of House Inventory Food Safety Social Media 212

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

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. Restaurants will also explore delivery options beyond costly third-party partnerships, and hike delivery menu prices to make the channel more lucrative as off-premise demand holds steady.

2022 218

2022 Customer Service Online Ordering Website Management 218

The Rail

MAY 1, 2023

Identifying Funding Sources Seeking investors is the main foundational step of setting up your business. Managing Cash Flow As a successful business owner, you must create a profitable environment for the business. However, expenses may need to be reviewed and updated from time to time to ensure sustainable cash flow.

Cash Management 59

Cash Management Mobile Ordering Online Ordering Customer Service 59

Modern Restaurant Management

JANUARY 12, 2022

. “Online and mobile ordering was a lifeline to restaurants shut-down in the pandemic and continues to provide steady revenue,” said Simon de Montfort Walker, senior vice president and general manager at Oracle Food and Beverage. 46 percent would love to manage their dietary preferences with their favorite establishments.

2022 215

2022 Mobile Ordering Guest Recovery Point of Sale 215

Restaurant365

JULY 29, 2021

Strong vendor relationships can help you ensure continuity in product, better pricing, and high-quality standards for inventory. Ultimately, managing your vendor relationships is an area of risk management. Your managers are also likely spending a lot of their limited time trying to fill gaps in staff roles. Conclusion.

Cash Management 78

Cash Management Point of Sale Inventory 2021 78

Perfect Daily Grind

FEBRUARY 22, 2023

This makes India the seventh-largest producer of coffee in the world – meaning it’s a valuable cash crop for an estimated 250,000 coffee farmers in the country. This resulted in heavy rainfall and sustained winds up to 65km and 85km per hour during the rest of the month. million 60kg bags. Enjoyed this? Sign up for our newsletter !

Agriculture 169

Agriculture 2022 Article Cash Management 169

The Restaurant Times

NOVEMBER 6, 2020

With an abundance of restaurant data monitoring systems, operators are now collecting and analyzing performance-related data from multiple sources to have a better understanding of their business. Let’s take a closer look at how to track data with a restaurant management system and utilize this information to increase your revenue.

Management 64

Management Management Cash Management Point of Sale 64

The Restaurant Times

MARCH 8, 2022

Open communication and cash flow planning are essential for your company’s survival. In practically every part of your operation, your restaurant management team must be decisive, move quickly, and cut to the bare essentials, but keep an eye out for fresh opportunities in this trying period. . Source: CNBC.

Design 52

Design Guest Recovery Fine Dining Food Safety 52

The Restaurant Times

NOVEMBER 22, 2021

You have to manage everything – from inventory and hiring to the design of your restaurant. Restaurant consultants employ numerous metrics such as Profit and Loss, Cash Flow Statement, Cost of Sales, Cost of Labor, and so on. Source: The Balance Small Business. Many new restaurant owners are first-generation entrepreneurs.

Food Safety 52

Food Safety Cash Management Design Customer Service 52

Modern Restaurant Management

JULY 15, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features Grubhub's State of the Plate 2020 trend report, the fragility of "open," di g ital resilience and brand intimacy. Financial Trends Insights. “COVID-19 is dramatically accelerating the transition to online commerce. .

2020 195

2020 Mobile Ordering Point of Sale Food Supply 195

The Restaurant Times

MAY 17, 2021

Managing Overheads. Managing overheads was, thus, one of the significant issues amidst the pandemic for cloud kitchen owners to handle. . But, all this comfort comes with a price: the commission payable to the middlemen. Source: Business Standard. Commission Of Food Aggregators.

Cash Management 52

Cash Management Food Supply Online Ordering Delivery 52

The Food Corridor

JUNE 3, 2020

The platform aggregates hundreds of suppliers so that customers can shop from many different sources at their convenience. By purchasing a gift card for later use, customers can be sure their money goes directly to support cash-strapped restaurants rather than third-party delivery services. “We

Food 87

Food Online Ordering Food Order Customer Service 87

7 Shifts

JULY 25, 2024

Profitability remains a challenge for many restaurants, especially with prices for ingredients and labor going up. Diversifying your income sources can help offset rising costs and boost your overall profitability. You can then accept cash payments upon delivery, which is helpful for local restaurants with limited budgets.

2024 243

2024 Loyalty Program Point of Sale Online Ordering 243

Perfect Daily Grind

JUNE 20, 2022

Generally speaking, higher-scoring coffees receive higher prices. One of the more notable examples of this is the Best of Panama auction, which often fetches record-breaking prices year-on-year. Justin Mool is the Auction & Web Manager at Grounds for Health. Using auctions to promote social initiatives.

Supplies 117

Supplies Cash Management Article Education 117

Modern Restaurant Management

SEPTEMBER 15, 2021

It is expected alcohol sales will grow as suppliers and operators adapt packing and pricing models to bolster alcohol sales with delivery. 87 percent of Canadians are interested in ordering food sourced from local farmers or using Canadian produce. During the pandemic, meals sourced from home rose to 86 percent. In 2014, U.S.

2021 178

2021 Retail Loyalty Program Online Ordering 178

Perfect Daily Grind

OCTOBER 7, 2022

As part of the initiative, local artists in three US cities – Atlanta, Milwaukee, and Portland, OR – designed street art murals to raise awareness of sustainability issues in the coffee supply chain. Nestlé commits US $1 billion to support sustainable coffee farming. Nestlé is aiming to sustainably source 100% of its coffee by 2025.

Sustainability 135

Sustainability 2022 2025 2023 135

Squirrel Systems

MAY 17, 2024

Restaurant operators can create a stable and sustainable growth path by focusing on these key areas. Cost Management : Monitor costs, including food, labor, and overhead. Look for opportunities to negotiate better terms with suppliers and optimize inventory management.

Operations 52

Operations Loyalty Program Cash Management Point of Sale 52

Modern Restaurant Management

FEBRUARY 18, 2020

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.

Mobile Ordering 215

Mobile Ordering Front of House Customer Service Customer Experience 215

Modern Restaurant Management

DECEMBER 14, 2021

These challenges pose the potential for inventory constraints, menu price increases, delays in service and more, impacting not only the hours restaurants can stay open but also the capacity at which they can operate. Rick Camac, Dean of Restaurant & Hospitality Management at the Institute of Culinary Education.

2022 189

2022 Food Supply Mobile Ordering Customer Experience 189

Perfect Daily Grind

FEBRUARY 28, 2023

To do this, they need to carefully manage and rotate their stock of green coffee. Although stock rotation can be challenging, there are several ways in which roasters can do this effectively, sustainably, and profitably. Richard, meanwhile, tells me that managing stock is also about much more than storage space.

Cash Management 196

Cash Management Seasonal Menu Inventory Management 196

Apicbase

FEBRUARY 29, 2024

Food costs increased in 2023: according to one survey, 60% of operators reported that all or most suppliers raised their prices , up from 50% in 2022. Most operators raised their menu prices in 2023, but fewer expect to do so in 2024. Although revenue went up (thanks to higher prices), profits went down due to high food costs and debt.

2024 52

2024 Operations 2023 Loyalty Program 52

Perfect Daily Grind

FEBRUARY 17, 2023

Applicants can share how their efforts are making the coffee industry more sustainable by promoting a circular economy. A panel of judges will pick a winner who will receive either US $5,000 in cash or US $15,000 in credit for MTPak Coffee products. Sourced: The Coffee Podcast focuses on coffee production and green coffee trading.

2022 121

2022 2023 Cash Management Food Supply 121

Modern Restaurant Management

APRIL 2, 2020

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. Had a primary source of income in the restaurant industry for the last year. restaurant employees financially impacted by the coronavirus crisis.

Healthcare 206

Healthcare Employee Relations Online Ordering Customer Service 206

Modern Restaurant Management

AUGUST 5, 2020

and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. This year’s Neighborhood to Nation Contest will double the number of winners to award 20 prizes of $5,000 in cash along with a robust marketing package.

Food Safety 210

Food Safety Mobile Ordering Online Ordering Kitchen Safety 210

Lavu

MARCH 11, 2020

Understanding Restaurant Management Software. Among the technology offered today is restaurant management software. . If you’re in the beginning stages of looking for a restaurant management system , you might have multiple questions or concerns. Why do you need restaurant management software?

Management 78

Management Management Cash Management Mobile Ordering 78

Apicbase

MAY 18, 2022

Managing a chain of company-owned restaurants is very different from working with franchisees. Besides cost estimates, audited financial statements and projections should be included, like: the expected growth rate for (at least) the first year; the estimated restaurant cash flow; the expected payback period. 9 Be Open To Feedback.

Franchising 52

Franchising Franchise Sustainability Document 52

Apicbase

JUNE 16, 2023

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.

Point of Sale 52

Point of Sale Inventory Waste Employee Relations 52

Modern Restaurant Management

MAY 27, 2020

PathSpot, creator of a real-time hand hygiene management system that protects against the threat and spread of illness with a hand scanner that tracks handwashing frequency and effectiveness, announced the closing of $6.5 PathSpot Secures Funding. million in a Series A round led by Valor Siren Ventures I L.P. percent for each order.

Food Safety 176

Food Safety Kitchen Safety Mobile Ordering Guest Recovery 176

Hot Schedules

FEBRUARY 4, 2022

With so much food waste in landfills, it’s easy to see why it has become such a major source of methane gas in our atmosphere. Leverage data to identify waste at the source. Better manage your inventory. Instead, surrounded by garbage and plastic waste, the trapped food rots and produces methane gas. The good news? Conclusion.

Waste 78

Waste Hotels Inventory Food Order 78

Perfect Daily Grind

SEPTEMBER 15, 2022

If the coffee industry is to tackle this problem, it needs to address the increasing need for long-term sustainable coffee sourcing. So what exactly is long-term sustainable sourcing and how can it be achieved? So what exactly is long-term sustainable sourcing and how can it be achieved?

Sourcing 145

Sourcing Sustainability Certification Pricing 145

Modern Restaurant Management

DECEMBER 28, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their opinions on what we can expect in 2021. Rick Camac, Dean, Restaurant & Hospitality Management at ICE (Institute of Culinary Education). Mark Hoefer, General Manager, Le Bilboquet Atlanta. Here are their responses.

2021 199

2021 Kitchen Safety Food Safety Mobile Ordering 199

Modern Restaurant Management

SEPTEMBER 15, 2020

SALIDO leverages design, data, and workflow management to optimize both front- and back-end operations. “We are excited to bring Market Cafe to New York City as we are the only company currently offering a solution such as this one for safe, supportive and sustainable corporate dining.”

Fast Casual 162

Fast Casual Casual Menu Mobile Ordering 162

Apicbase

APRIL 20, 2022

That’s where an extensive operations manual comes in, including your processes, recipes, portion sizes, suppliers, safety and hygiene guidelines, equipment, pricing, appropriate furnishings, etc. We suggest focusing on your earnings before interest and taxes (EBIT) to estimate cash flow. 1 You’ll have to share control. The solution.

Franchising 52

Franchising Franchise Cash Management Kitchen Safety 52

Modern Restaurant Management

AUGUST 3, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the state of flavor, COVID-19 restaurant operations, public acceptance of delivery charges, the best of the best and the most allergy-friendly restaurant chains. Menus and Pricing. DoorDash Deep Dish. Marketing and Promotions.

2020 195

2020 Franchise Franchising Food Order 195

Modern Restaurant Management

AUGUST 19, 2020

Modern Restaurat Management (MRM) magazine is collaborating with the team at MarketScale on The Main Course , a podcast that aims to explore the intense and competitive modern restaurant industry. "We Barbara Castiglia , MODERATOR – Modern Restaurant Management. They both went through a management training program.

Kitchen Safety 206

Kitchen Safety Loyalty Program Delivery Customer Service 206

Modern Restaurant Management

OCTOBER 31, 2019

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features interesting and insightful trends from Upserve, order for pickup guest experience study results, the Fraud Aftershock Index and the importance of foot traffic. Reputation Management Revolution. National Menu Trends. Uberall, Inc.

2019 138

2019 Mobile Ordering Online Ordering Customer Experience 138