BNG Point of Sale

MARCH 9, 2020

Chances are, if you’re starting a business in retail or restaurant, people in the industry will tell you to purchase a point of sale system. If you’re new to the business, a “point of sale” or POS system is a piece of technology in which hardware and software components are used to take payments from customers.

Point of Sale 95

Point of Sale POS Loyalty Program Inventory 95

BNG Point of Sale

DECEMBER 6, 2021

There are many point-of-sale systems , but not all will suit your needs. Some systems work better for small businesses, while others are designed for large ones. You want something compatible with your type of business and has features that will help manage inventory, sales data, etc.

Point of Sale 52

Point of Sale POS Employee Relations Cash Management 52

Get Beyond

NOVEMBER 6, 2023

Holiday prep for a small business is no joke! While most businesses can expect a healthy small business holiday surge, you can make the best of it with the right prep. Consult last year’s sales information, website data, and social media metrics to see if there’s anything you can immediately improve on.

Small Business 52

Small Business Point of Sale Email Marketing Online Ordering 52

BNG Point of Sale

OCTOBER 15, 2021

Retail Point Of Sale System Cost. Dependent on various circumstances, a cloud-based retail POS system costs anywhere from $0 to $300 per month, but most small businesses spend approximately $69 per month before add-ons. Most retail point-of-sale (POS) systems cost money upfront, but they pay for themselves over time.

Point of Sale 52

Point of Sale Retail POS Cash Management 52

Get Beyond

OCTOBER 24, 2023

Small Business Saturday isn’t just a day on the calendar. It’s a massive day for making sales. Small Business Saturday can be a huge opportunity to meet new customers and grow your business’s profile. This year, Small Business Saturday falls on November 25, 2023.

Small Business 52

Small Business 2023 Social Media Customer Experience 52

BNG Point of Sale

JUNE 19, 2020

Point of System Cost / Our 2020 Guide to the Benefits of Today’s Merchant Software. As a business owner, the cost of a point of sale system you’re currently paying may be limited based on what seems affordable. Having a POS software system in place is a key way of creating immediate and more frequent sales.

Point of Sale 75

Point of Sale Mobile Ordering Merchandise POS 75

7 Shifts

MAY 23, 2024

This proves that any restaurant business owner who wants to survive in this economy should be open to trying unconventional sales strategies to attract customers and continue making a profit. That said, we've compiled some of the best techniques for increasing restaurant sales and taking your business to new heights.

Social Media 195

Social Media Loyalty Program SEO Email Marketing 195

7 Shifts

MAY 23, 2024

The restaurant business is one of the most competitive industries, and this shows in the fact that only 20% of restaurants succeed in the market. In this industry, one of the worst-case scenarios is running out of money. This includes: Net Sales: The total revenue derived from your sale of food and beverages.

Point of Sale 222

Point of Sale Seasonal Menu Food Supply Cash Management 222

BNG Point of Sale

MARCH 9, 2020

Chances are, if you’re starting a business in retail or restaurant, people in the industry will tell you to purchase a point of sale system. If you’re new to the business, a “point of sale” or POS system is a piece of technology in which hardware and software components are used to take payments from customers.

Point of Sale 59

Point of Sale POS Loyalty Program Inventory 59

7 Shifts

OCTOBER 31, 2022

A restaurant business plan is one of the most (if not the most) essential elements in getting a new restaurant off the ground. There are a few reasons for this: A business plan is typically the first thing any lender or investor will want to look at. What is a Restaurant Business Plan? Restaurant Business Plan Sample Outline.

Point of Sale 398

Point of Sale Back of House Document Download 398

Sling

APRIL 19, 2021

As a small business owner or manager, you need to speak the language of your industry. That includes general business terms , such as capital, gross, net, and — perhaps most important — profit margin. In business , margins are usually expressed as a percentage. And how do you go about calculating this crucial metric?

Small Business 145

Small Business Cash Management Customer Service Inventory 145

Apicbase

MARCH 3, 2023

Although the point-of-sale system (POS) remains the technological heart of restaurants, numerous technologies run behind the scenes these days. This end-to-end solution uses data from your POS to provide insights into sales, food costs, menu engineering and inventory management. Let’s find out how.

Point of Sale 52

Point of Sale POS Management Management 52

Restaurant365

SEPTEMBER 10, 2021

However, in between all these tasks, it is critical to devote time and energy into accurate and consistent inventory management. Inventory management tracks what’s going in and out of your restaurant for a specific period, and what product is in your restaurant at any given time. Let’s dive into some helpful tips.

Inventory 138

Inventory Management Management Point of Sale 138

Restaurant365

JANUARY 4, 2022

Restaurant inventory management plays a key role in overcoming rising food prices. As the rising food cost trend continues, it’s time to tighten your inventory control. Automate manual restaurant inventory processes to help overcome rising food prices. Integrate restaurant inventory management with your POS system.

Inventory 148

Inventory Pricing Management Management 148

7 Shifts

APRIL 29, 2021

The Small Business Administration has announced that grants will open on Monday, May 3 at noon EST. Restaurateurs and operators can begin the application process on Friday, April 30 at 9 AM EST. The application will remain open until funding runs out. Business tax returns (IRS Form 1120 or IRS 1120-S). What do I need?

Document 370

Document Restaurant Law Brewery Point of Sale 370

BNG Point of Sale

DECEMBER 6, 2021

You’ve probably never considered having your point-of-sale system and merchant services from different companies. Suppose you have two competing entities providing these services for your business. The aim of having a POS system for your business is to replace manual accounting and sales recording.

Point of Sale 52

Point of Sale POS Cash Management Customer Service 52

7 Shifts

MAY 31, 2021

For example, kitchen managers rely on software to let them know how much expected inventory they have in stock. Inventory was ordered based on par levels, which are set based on sales forecasts, which are in turn determined by how many guests you'll serve and what they'll order. Table of Contents. What does it mean?

Operations 363

Operations Inventory Hiring Customer Service 363

Culinary Cues

DECEMBER 17, 2020

There are a number of reasons why restaurants fail – some are predictable and avoidable, while others can catch a business off guard. None, however, are as devastatingly out of the operators control as this pandemic. They just can’t survive the pain of lost business for months on end.

Uniforms 470

Uniforms Cash Management Brewery Consumer Goods 470

BNG Point of Sale

JUNE 19, 2020

Point of System Cost / Our 2020 Guide to the Benefits of Today’s Merchant Software. As a business owner, the cost of a point of sale system you’re currently paying may be limited based on what seems affordable. Having a POS software system in place is a key way of creating immediate and more frequent sales.

Point of Sale 45

Point of Sale Mobile Ordering Merchandise POS 45

SpotOn

MAY 13, 2024

One-third of tipped restaurant workers report no change in their tips over the last year A majority of tipped workers still expect the standard 15% - 20% tip  Technology is providing a solution for improved guest experience and enabling tipped workers to take home more pay SAN FRANCISCO, Calif.,

Point of Sale 110

Point of Sale 2024 Customer Service Customer Experience 110

7 Shifts

MARCH 10, 2022

The best restaurant management apps allow you to run your business from anywhere, provide you with valuable insights, empower your team , and let you focus on creating the very best experience for your guests. To help you narrow down your search, here are 24 of out favorite restaurant management apps to start using in your restaurant today.

Management 195

Management Management Operations Point of Sale 195

Embrace the Suck

APRIL 26, 2020

Profits are sliding away a small percent at a time until you wake up one day in panic mode. Profits are sliding away a small percent at a time until you wake up one day in panic mode. All this could’ve been avoided if you had your finger constantly on the financial pulse of your business. What the Hell is a KPI?

Cash Management 435

Cash Management Point of Sale Inventory Bar 435

7 Shifts

AUGUST 5, 2021

After tracking sales, calculating inventory, and just trying to keep your head above water, restaurant scheduling can take up a chunk out of your week. Problems often arise in your schedule, from your head chef calling out sick to the unexpected influx of customers on a Tuesday afternoon. Schedule Based on Data.

Front of House 370

Front of House Restaurant Law Employee Relations Point of Sale 370

7 Shifts

JULY 16, 2021

Write a Coffee Shop Business Plan. This step and research component is the foundation behind your business, and should be taken seriously! Take it one step further by diving into their lifestyle habits and spending patterns. Visit them to learn more about what drives their business. We're all here for it! Obtain Funding.

License 461

License Hiring Equipment Point of Sale 461

Izettle

JUNE 10, 2021

It takes a long time to research the pros and cons of different providers, read card reader reviews, work out what you need, and make a decision – time that most small business owners don’t have to spare. What should you be looking out for when deciding on your new card reader? The benefits of going contactless.

Small Business 52

Small Business Cash Management Point of Sale Website Management 52

Izettle

JUNE 10, 2021

It takes a long time to research the pros and cons of different providers, read card reader reviews, work out what you need, and make a decision – time that most small business owners don’t have to spare. What should you be looking out for when deciding on your new card reader? The benefits of going contactless.

Small Business 52

Small Business Cash Management Point of Sale Website Management 52

7 Shifts

APRIL 3, 2020

Comparing 7shifts’ internal data of 10,000+ restaurants, restaurants are seeing an average weekly decrease in sales of 50% across the board in North America. So here’s the question a lot of restaurateurs are asking: how do you start drastically cutting expenses to give your business the best chance of recovery?

BOH 368

BOH POS Influencer Point of Sale 368

BNG Point of Sale

MAY 17, 2021

But the truth is POS systems also provide other benefits that keep your business organized and efficient. All of these features are meant to boost your profits, and one of the main ways a business can do that is through inventory management. Retail Store Inventory Management Through Your POS System. Categories.

Retail 52

Retail Inventory Management Management 52

Izettle

MARCH 11, 2021

Inventory management is a way for business owners to track the products or goods that they’re going to sell – from sourcing raw materials to storing and selling items in a store. Why is inventory management important? Reliable inventory management can be one of the most valuable assets for a small business.

Inventory 52

Inventory Management Management Point of Sale 52

7 Shifts

DECEMBER 18, 2019

Why you should invest in restaurant lunch specials Increasing lunch sales is a no-brainer in the restaurant business. With dinner prep taking place in most restaurants from noon on, you’re open anyway—and the more diners you can attract to buy lunch, the more profitable you become. Sounds good, doesn’t it?

Specials 362

Specials Food Truck Seasonal Menu Social Media 362

Izettle

NOVEMBER 15, 2021

More people than ever are shopping online, which means business owners everywhere are scrambling to keep up. But as any small business owner knows, adding new e-commerce channels also means adding new challenges to your day to day – and they usually revolve around inventory. Your inventory is a living thing.

Inventory 52

Inventory Management Management Point of Sale 52

Modern Restaurant Management

MAY 19, 2022

One highly effective strategy is taking the top-down and bottom-up approach. Not only is your menu a key part of the customer experience but consider all major areas of restaurant operations, such as food cost, labor, marketing, accounting, and sales forecasts when making decisions about your menu. Take Advantage of QR Codes.

Waste 184

Waste Food Supply Point of Sale Inventory 184

7 Shifts

AUGUST 29, 2019

Menu Analysis: Analyzing Your Current Menu’s Profitability Before you make any changes to your menu, take the time to determine what’s working and what isn’t. Follow these two steps: The first thing you’ll want to do is gather sales and profit data for every item on your menu—preferably over a set time period (last quarter, last month, etc.).

Menu 279

Menu Point of Sale Website Management Online Ordering 279

Xtra Chef

OCTOBER 28, 2020

Restaurant inventory management is not the most enjoyable restaurant task. It’s time-consuming, taking you and your staff away from the things that drew you to the restaurant industry in the first place: making incredible meals and creating memorable experiences. Part 2: Why Inventory Management Matters. Table of Contents.

Inventory 78

Inventory Management Management Cash Management 78

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. Actual Food Cost (COGS).

Inventory 78

Inventory Management Management Merchandise 78

Clover - Restaurants

APRIL 23, 2024

Yet, purchasing a restaurant can bring a new set of challenges that are worth considering before you take the plunge. An existing restaurant also has an established cash flow, as well as a system in place for managing inventory, staffing, and running the kitchen. Why is the restaurant being sold, to begin with?

Point of Sale 52

Point of Sale Cash Management Franchise Franchising 52

Sling

JUNE 9, 2023

The term “restaurant costs” is generally used to describe one-time expenditures on material resources — such as food, liquor, dishes, equipment, and software — that keep the business running. This will be your Beginning Inventory. This will be your Beginning Inventory. This will be your Ending Inventory.

Operations 78

Operations Inventory Food Supply Point of Sale 78