Restaurant365

SEPTEMBER 10, 2021

As a store-level manager, you always have a lot on your plate. However, in between all these tasks, it is critical to devote time and energy into accurate and consistent inventory management. Inventory management is a powerful tool for your day-to-day operations, but only if you use it correctly.

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Inventory Management Management Point of Sale 138

Lavu

DECEMBER 12, 2022

Restaurant cash flow management is the lifeblood of your business. Yet, while most small business owners know this truth, many still struggle with basic cash flow definitions, fundamentals, and management strategies that actually maximize benefits. Put new habits into practice with these ten best practices of cash flow management.

Cash Management 78

Cash Management Management Management Point of Sale 78

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

Restaurant365

JANUARY 4, 2022

Restaurant inventory management plays a key role in overcoming rising food prices. If you’re still using Excel spreadsheets for inventory management, you are taking unnecessary manual steps and adding opportunity for error to the process, which can contribute to your rising food prices. from a year ago. More about this later.).

Inventory 148

Inventory Pricing Management Management 148

Lavu

NOVEMBER 10, 2022

The 2022 State of the Restaurant Industry found that 70% of operators do not have enough employees to support customer demand. A modern restaurant point-of-sale (POS) system now offers many automation tools that make it easier to operate more efficiently and effectively. Display screens are a part of a POS system.

Employee Relations 78

Employee Relations Inventory Fast Casual Point of Sale 78

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. Automating this process with a restaurant-specific inventory management system can help you quickly identify vendor pricing errors.

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2021 Cash Management Management Management 136

Restaurant365

MAY 17, 2022

Food inventory management goes way beyond counting the items on the shelves. The most important part of inventory management is understanding how the amount of product relates to your profit margin. Why a POS system is not suitable for inventory management. The POS system doesn’t do analysis. That’s great.

Inventory 78

Inventory Management Management Food 78

Restaurant365

MARCH 10, 2020

Your restaurant inventory management is an oft-forgotten component of your finances, but the amount of product you have on hand represents a large part of your budget. So, the key to minimizing food waste that can eat into your profits is effective restaurant inventory management. What is Restaurant Inventory Management?

Inventory 103

Inventory Management Management Waste 103

Restaurant365

AUGUST 4, 2020

Integrating inventory management with accounting facilitates better inventory control. When you think of your restaurant finances, you don’t always equate it with inventory management. Consequently, purchasing correctly is the cornerstone of any efficiently managed restaurant. What is restaurant inventory management?

Inventory 78

Inventory Management Management Cash Management 78

Restaurant365

NOVEMBER 18, 2021

From hiring and onboarding to running employee payments and paying taxes, payroll touches on many different parts of a restaurant business. Your restaurant orders, receives, and counts food all in one system: your inventory management software. You receive time in your Point of Sale (POS) system.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

7 Shifts

FEBRUARY 4, 2020

Getting caught doing wrong by your restaurant employees isn’t the wisest financial move either. Employee Pay Regulations Oregon Minimum Wage Oregon’s minimum wage varies in each part of the state and is scheduled to rise annually until at least 2023. In 2018, one Oregon restaurant was fined $580,000 for violating tip pooling laws.

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Restaurant Law Employee Relations Article Cash Management 369

7 Shifts

AUGUST 20, 2020

Adapting During a Crisis “Leading up to the shutdown, I was anticipating there was something that was going to happen,” explained Logan Hostettler, General Manager of The 1894 Lodge. Once we started to open up a little bit, we really emphasized how we take care of our employees and how we take care of our building as far as a cleaning aspect.

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Employee Relations Guest Recovery Communication POS 195

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?

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Operations Management Management Inventory 78

Restaurant365

FEBRUARY 22, 2022

The importance of POS integration in restaurant data collection. POS integration is a connection between your restaurant accounting and operations platform POS software. This integration enables your operations platform to get detailed data directly from your POS in real time. Reduce Food Loss.

Point of Sale 147

Point of Sale POS Inventory Seasonal Menu 147

Restaurant365

MARCH 10, 2020

Your restaurant inventory management is an oft-forgotten component of your finances, but the amount of product you have on hand represents a large part of your budget. So, the key to minimizing food waste that can eat into your profits is effective restaurant inventory management. What is Restaurant Inventory Management?

Inventory 78

Inventory Management Management Waste 78

Hot Schedules

OCTOBER 30, 2020

If an employee is scheduled from 11 PM to 5 AM during DST, instead of seeing six hours for that day, they will see seven hours. Your POS timecards should reflect that extra time for the 1:00 am hour if you have labor scheduled. As always, if you have any questions, please visit the Help Center or contact your Customer Success Manager.

Employee Relations 148

Employee Relations Demo Hotels POS 148

Restaurant365

JANUARY 12, 2022

Using intraday polling, you can leverage data from your integrated POS system to make informed, same-day labor adjustments. However, making smart labor decisions throughout the day with intraday polling must be preceded by creating data-driven schedules and using POS integration with your restaurant management software.

Point of Sale 78

Point of Sale POS Employee Relations Information 78

Restaurant365

MAY 14, 2021

If you manage a restaurant, you’ve probably heard this statement from above-store management: “You need to know how to read a restaurant P&L statement.” P&L may seem like just another acronym, but it is actually an extremely important tool for managing a successful restaurant business.

Management 78

Management Management Point of Sale Inventory 78

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. with automated invoice coding and entry, and direct feeds of POS data. Record Daily Sales Through Your POS. Automated POS data ensures an accurate general ledger.

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Apicbase

SEPTEMBER 16, 2022

Today, restaurant operators and F&B managers like you have access to many reports, primarily thanks to advanced POS systems. How do they relate to each other? Some POS-side examples include sales, payment, and footfall reports. How Do Reporting & Analytics Relate? What is restaurant analytics?

POS 52

POS Operations Back of House FOH 52

Hot Schedules

SEPTEMBER 18, 2020

Available on all mobile and web apps, this short health survey enables your team to communicate their health status before entering the workplace, unlike POS alternatives. Managers only see if an employee is safe to work, not safe to work, or did not provide their consent with the icons shown here. Frequently Asked Questions.

Employee Relations 148

Employee Relations Leadership Customer Service Demo 148

Modern Restaurant Management

APRIL 23, 2021

The program will allow eligible restaurants and other food establishments to access the RRF application or data they need to fill out the application through their point-of-sale (POS) service providers. ” The SBA is working with POS providers like Clover to reach restaurant owners and expedite the grant application process.

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Point of Sale Webinar Small Business Customer Service 125

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. The National Restaurant Association Educational Foundation has launched the Restaurant Employee Relief Fund to support U.S. ” The BOHA!

Healthcare 189

Healthcare Employee Relations Online Ordering Customer Service 189

Restaurant365

MAY 22, 2020

While the pandemic has impacted restaurants of all sizes over the past few months, the need to effectively manage and engage your staff has never been more pertinent in ensuring your restaurant’s continued viability. Recruiting where your potential employees are searching. Schedule a demo today. WATCH THE WEBISODE.

Guest Recovery 148

Guest Recovery Recruiting Document Point of Sale 148

Hot Schedules

MARCH 29, 2021

My mentor Chris Webb (Product Manager) advised me to do things the way I believe it is best. We managed to solve the problem of that one client and to also improve the solution as a whole, to benefit all.”. “I Related Posts. But after a while his colleagues felt they could trust his judgement. “My In the right way.”

Technology 148

Technology Insurance Healthcare Recruiting 148

Restaurant365

JUNE 24, 2020

An advanced, restaurant-specific inventory management system can identify pricing errors. Advanced inventory management software can import menu items from your POS, then map them to recipes. Some POS systems calculate food cost and profit for specific menu items within the system.

Point of Sale 78

Point of Sale POS Inventory Employee Relations 78

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. Its proprietary guest engagement solution, which is used by more than 600 restaurants throughout the U.S. ” DeliverThat Expansion. .”

Food Safety 207

Food Safety Mobile Ordering Online Ordering Kitchen Safety 207

Restaurant365

JUNE 17, 2020

Your payroll is the process of calculating and distributing wages to your employees. The restaurant industry faces a lot of industry-specific regulations on payroll, with laws regulating hourly employee scheduling and tipped wage workers, as well as compliance with the Affordable Care Act regarding seasonal and variable hour employees.

Tip Distribution 78

Tip Distribution Point of Sale Employee Relations Restaurant Law 78

Restaurant365

JANUARY 5, 2021

Additionally, businesses applying for a PPP loan can also apply for Employee Retention Tax Credits (ERTC), if the credits are not applicable to wages paid with forgiven PPP loan funds. Business must have fewer than 300 employees. Also, the Act extends the Employee Retention Tax Credit (ERTC) through June 30, 2021.

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Insurance Small Business Employee Relations 2021 148

Restaurant365

DECEMBER 16, 2021

A robust restaurant management solution will offer many kinds of reports about restaurant operations. By keeping an eye on these metrics more frequently, your managers can make real-time adjustments that prevent small operational issues from becoming larger, long-term problems. Food-related operational reports.

Operations 78

Operations Point of Sale Employee Relations Waste 78

Hot Schedules

SEPTEMBER 18, 2020

Available on all mobile and web apps, this short health survey enables your team to communicate their health status before entering the workplace, unlike POS alternatives. Managers only see if an employee is safe to work, not safe to work, or did not provide their consent with the icons shown here. ” Related Posts.

Employee Relations 78

Employee Relations Leadership Customer Service Demo 78

Hot Schedules

DECEMBER 19, 2019

Operators and managers feel the pressure to collect as much data as possible. We’ve found that managers spend a huge amount of time and effort manually creating KPI reports each week. A Better Way to Manage Data. It gathers data from our fully-integrated Workforce and Inventory solutions, while also pulling data from: POS.

White Paper 78

White Paper Allergens Download Kitchen Safety 78

Modern Restaurant Management

SEPTEMBER 14, 2021

TEAM Schostak Family Celebrates Anniversary and Employees. TEAM Schostak Family Restaurants (TSFR) is celebrating its 40th anniversary along with the anniversaries of employees that have been with the company for 20 years or more. In 1991 she was promoted to Accounting Manager and in 2009 to Director of Accounting.

Food 168

Food Tip Distribution Guest Recovery Food Safety 168

Restaurant365

DECEMBER 20, 2021

Sharing information between teams shouldn’t require time-consuming communication to ensure accurate reporting, cost management, and forecasts. For instance, reviewing your CoGS report daily allows managers to adjust purchasing and usage on a more frequent basis.

Operations 78

Operations Leadership Point of Sale Cash Management 78

Restaurant365

FEBRUARY 24, 2021

And when a business only has one set of books to manage, this bookkeeping solution may function well enough at first. Next, without robust accounting features, like intercompany transactions, POS integration as. What are the costs involved for integration to our POS system?

Inventory 78

Inventory Point of Sale POS Franchise 78

Restaurant365

JULY 24, 2020

You’ll also have to manage your online reputation even more diligently as your delivery business exists entirely online. Choosing between in-house delivery, third-party delivery apps or a combination requires an understanding of related costs. Ensure your “person-in-charge” has an up-to-date ServSafe Food Manager certification.

Front of House 147

Front of House Online Ordering Kitchen Safety Customer Service 147

Restaurant365

OCTOBER 22, 2021

Even if you use restaurant management software to automatically pull much of this restaurant data, understanding the calculations behind your operational restaurant reporting can help you place these numbers in context. An accurate CoGS relies on up-to-date numbers from your inventory management system.

Point of Sale 78

Point of Sale Insurance Inventory Cash Management 78