The Restaurant Times

OCTOBER 12, 2021

Employees constitute a significant part of your restaurant business. Without their proper functioning, you cannot run a successful restaurant. Furthermore, labor costs are the main component of your restaurant’s operating costs. Therefore, you need a sound restaurant POS system for better labor management.

POS 52

POS Management Management Front of House 52

7 Shifts

DECEMBER 18, 2019

Get ahead of it with our 12 favorite restaurant lunch special ideas for you to feature. Why you should invest in restaurant lunch specials Increasing lunch sales is a no-brainer in the restaurant business. Increasingly, corporate America is choosing to eat at their desks, a trend that threatens restaurant profitability.

Specials 362

Specials Food Truck Seasonal Menu Social Media 362

7 Shifts

DECEMBER 3, 2019

The people have spoken, and your restaurant franchise is a winner. In a sea of restaurants nationwide, yours has stuck out and been successful. Still, you should conduct a thorough audit of your current restaurant(s) before expanding your business further. Here are some of the questions you should ask yourself.

Franchise 368

Franchise Franchising Audits Point of Sale 368

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. However, the right point of sale system can help alleviate some of these restaurant challenges so business owners can stay ahead of their competition.

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Mobile Ordering Point of Sale Cash Management Food Supply 148

Modern Restaurant Management

APRIL 22, 2022

However, customers still sit physically in restaurants, blurring the lines between the online and offline. However, restaurant owners are looking for more: They want to streamline the checkout process further and for customers to complete the whole process – from ordering to payment – on their mobile devices.

Technology 193

Technology Mobile Ordering Customer Service Food Order 193

Clover - Restaurants

APRIL 23, 2024

Buying an existing restaurant can offer several advantages associated with investing in a proven concept. Yet, purchasing a restaurant can bring a new set of challenges that are worth considering before you take the plunge. Launch vs. buy: Should you buy a restaurant? There are several advantages to buying a restaurant.

Point of Sale 52

Point of Sale Cash Management Franchise Franchising 52

Embrace the Suck

APRIL 26, 2020

In fact, the bars and restaurants that fail to capitalize on their data will find themselves in hot water. That’s happening to your bar or restaurant right now. ” It’s important to track numbers in your bar or restaurant. You want to keep an eye on the pulse (or profitability) of your restaurant or bar.

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Cash Management Point of Sale Inventory Bar 435

Squirrel Systems

FEBRUARY 16, 2024

As we settle into 2024, the restaurant industry stands on the cusp of transformative changes, shaped by evolving consumer preferences, sustainability concerns, and a relentless pace of technological innovation. Restaurants that spotlight these offerings emphasize their commitment to reducing carbon footprints and supporting local economies.

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2024 Technology Menu Mobile Ordering 52

7 Shifts

OCTOBER 1, 2019

We raised an additional $6 million (USD) in funding to help us accelerate the development our labor management platform, expand our team, and provide new, innovative services that help restaurants like your grow. Both new hires were attracted to our vision of becoming the leading labor management partner for restaurants. Jordan Boesch.

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Restaurant Law Hiring Innovation POS 150

Modern Restaurant Management

JANUARY 6, 2022

The restaurant industry has survived nearly two years of the global pandemic, adapting to ensure they provide the best possible experience for new and returning customers. Among all the trends forecasted for hospitality establishments in 2022, restaurant gift cards are one of the most powerful tools in your tool belt.

2022 193

2022 Online Ordering Loyalty Program Customer Experience 193

Lavu

DECEMBER 12, 2022

No matter the size of your restaurant, one truth remains: cash flow is king. Restaurant cash flow management is the lifeblood of your business. To make sure your restaurant can succeed, here are ten best practices for improving restaurant cash flow and giving your business what it needs to survive and thrive.

Cash Management 78

Cash Management Management Management Point of Sale 78

Focus POS

DECEMBER 11, 2019

Today’s diners are well-connected, tech savvy, and expect a high-quality restaurant customer experience—whether visiting a five-star restaurant, fast-casual, or the drive-through. As a restaurateur, understanding where the bar is set, is the first step toward capitalizing on the customer journey. Menu and order Customization.

Customer Experience 136

Customer Experience 2020 Loyalty Program Fast Casual 136

7 Shifts

JULY 16, 2021

See why 500,000+ restaurant pros choose 7shifts for scheduling and team management. The main sections to include are your break-even point, capital requirements, expenses, and income. Capital Requirements. Recommended Reading: 15 Restaurant Metrics to Know and How To Use Them. Shopping malls. Neighborhood shops.

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License Hiring Equipment Point of Sale 459

7 Shifts

MARCH 31, 2023

We invited 4 restaurant operators to discuss how they put their team first. It's bad morale if you bring someone in who isn't very good, doesn't know what they're doing,” says Kelly Phillips, Founder of Destination Unknown Restaurants. Fork is one of five restaurants under HSHG.

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Hiring Front of House Back of House Document 195

Modern Restaurant Management

JANUARY 31, 2023

With the Super Bowl and March Madness coming up, restaurant owners should be preparing now in order to capitalize on the influx of online orders. Thiscan be done by offering discounts or special promotions to customers who have visited the restaurant multiple times during the event.

Loyalty Program 174

Loyalty Program Social Media Email Marketing Online Ordering 174

Modern Restaurant Management

MAY 11, 2020

It’s been well over a month since the spread of COVID-19 and government efforts to contain it forced restaurants across the country to shut their doors to dine-in customers. And while doing so has allowed many multi-unit restaurants to keep the lights on, it’s also forced them to transform their businesses.

Technology 120

Technology Loyalty Program POS Point of Sale 120

Modern Restaurant Management

FEBRUARY 28, 2024

In a world reshaped by the pandemic, evolving labor markets, and shifts in consumer behaviors, restaurant owners are increasingly turning to technological innovations. Quick-Service Restaurants In the world of quick-service restaurants (QSRs), speed and efficiency have always been the hallmarks of success.

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Fast Casual Fine Dining Customer Service Casual 114

SpotOn

MARCH 25, 2024

Ask any owner what it was like opening their first restaurant, and they'll say it was one of the most challenging accomplishments of their career. Then, ask them, "How much does it cost to open a restaurant business?" How much does it cost to open a restaurant? How much does it cost to open a restaurant?

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License Insurance Point of Sale Equipment 52

Restaurant Technology Guys

FEBRUARY 28, 2022

Leveraging proprietary data from credit card network and POS partnerships, Aben uses data science to guide capital allocation decisions. Restaurant Technology Guys Podcast Ep. 137 – Talking Credit Card Token’s with Jordan Thaeler and Tammy Billings appeared first on Restaurant Technology Guys. The post 137.

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Technology POS Blog 118

Restaurant365

APRIL 27, 2020

Restaurant365 partners with Lendio to offer free lending services and PPP guidance to restaurant operators. April 28, 2020) — Restaurant365 , the leading all-in-one restaurant management platform, announces the launch of R365 Capital, a program designed to help restaurants quickly access the capital they need to thrive.

Small Business 103

Small Business Customer Service Document Government 103

Modern Restaurant Management

OCTOBER 7, 2020

As a business owner or franchisee in the restaurant industry, accounting can be one of the biggest headaches you face. Whether you own one restaurant location or dozens, mom-and-pop business owners and franchisees are often forced to wear every hat, from CFO to HR officer. Cloud Computing and Automation. Planning is now continuous.

Back of House 135

Back of House Inventory Consumer Goods Technology 135

Harbor Touch

DECEMBER 20, 2022

Technology is transforming all aspects of our lives, and the restaurant industry is no exception. Restaurants of all sizes embrace software technology to improve the customer experience and streamline operations, from ordering systems to kitchen automation. Transforming customer service. Innovating online ordering.

Loyalty Program 78

Loyalty Program Online Ordering Kitchen Safety Customer Experience 78

7 Shifts

OCTOBER 31, 2022

You can't start a restaurant without a plan. A restaurant business plan is one of the most (if not the most) essential elements in getting a new restaurant off the ground. You'll have a document to reference during the planning or opening of your restaurant. What is a Restaurant Business Plan? Table of Contents.

Point of Sale 397

Point of Sale Back of House Document Download 397

Hot Schedules

AUGUST 25, 2021

Meaningful Metrics: Empower Restaurant Managers with the Right Data to Drive Smart Decisions. A t every restaurant, metrics matter. It’s up to operational leadership to measure them, monitor them, and make them align to annual initiatives — while also making those metrics relevant for day-to-day restaurant performance.

Management 138

Management Management Food Safety Leadership 138

Modern Restaurant Management

APRIL 23, 2021

Small Business Administration (SBA) as the first round of technology partners participating in a new initiative for the Restaurant Revitalization Fund (RRF). billion grant program will provide free monetary awards to restaurants and other F&B businesses suffering financial losses due to the pandemic.

Point of Sale 125

Point of Sale Webinar Small Business Customer Service 125

Modern Restaurant Management

APRIL 2, 2021

However, when it comes to the restaurant industry, employee turnover is all too common for most operators. Restaurants that have a highly engaged workforce are more successful in nearly every way. The National Restaurant Association estimates that the cost of turnover is $2,000 per employee. Evaluate Your Hiring Strategy.

Loyalty Program 196

Loyalty Program Small Business Hiring Customer Service 196

Clover - Restaurants

MARCH 8, 2024

In order to be successful, it’s important to consider market demand, financial stability, restaurant operational efficiency, customer base, and growth projections. In this article, learn more about these key topics and how to expand your restaurant successfully. Look at similar types of restaurants in the area(s) you’re considering.

Loyalty Program 52

Loyalty Program Small Business Point of Sale POS 52

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 212

2024 Loyalty Program Cash Management Customer Experience 212

Clover - Restaurants

APRIL 25, 2024

Since restaurant staff typically can’t afford the time and effort to dig through a recipe box during the evening rush, the design and storage of your recipe cards is critical to running an efficient kitchen. And, think about how you can incorporate subtle branding elements like the restaurant logo, color scheme, or tagline.

Design 52

Design Loyalty Program Social Media Allergens 52

Thrive POS

APRIL 8, 2022

With a simple one-page application and no collateral needed, you could jump on this trend with a cash advance of up to $250,000 to invest in your restaurant business. Check out this list of Quikstone Capital Solutions' customers that have made major investments in their growing businesses so far this year.

Equipment 125

Equipment Inventory Point of Sale POS 125

Restaurant365

JUNE 10, 2021

IRVINE, CA and AUSTIN, TX (June 10, 2021) – Restaurant365 , the leading all-in-one restaurant management platform, today announced the acquisition of Compeat , well-known in the industry for pioneering feature-rich restaurant back office, workforce and business intelligence software.

Management 102

Management Management Marketing Demo 102

SpotOn

FEBRUARY 6, 2024

It seems that every restaurant manager position comes with the guarantee of 10-hour shifts, work on weekends and holidays, and a never-ending stream of front-of-house and back-of-house problems to solve. In a 2030 industry report , the National Restaurant Association noted, "Technology will automate traditional tasks. Operations.

Management 52

Management Management Front of House Back of House 52

Modern Restaurant Management

MARCH 23, 2020

Capitalizing on this craving for convenience, fast food options and food delivery startups are growing rapidly, evidenced by the fact that fast food growth swiftly outpaced that of bars and restaurants by a whopping nearly 7:1 margin between 2017 and 2019.

Technology 133

Technology Loyalty Program Customer Experience Mobile Ordering 133

Modern Restaurant Management

DECEMBER 9, 2020

It's no secret that the restaurant industry has been severely impacted by COVID, perhaps more than any other industry. But in general, restaurants have had to chart their own path to recovery. But in general, restaurants have had to chart their own path to recovery. Booming Subscriptions. Customer Connections.

Loyalty Program 185

Loyalty Program Customer Service Consumer Goods Online Ordering 185

Mad Mobile

MARCH 1, 2024

The pressure to adopt new technology in your restaurant is everywhere. Boosting revenue: a closer look The discussion around restaurant tablets centers on two different modes of deployment: customer-driven and server-driven tablets. Restaurant tablets and kiosks allow for dynamic pricing that changes based on your needs.

Seasonal Menu 40

Seasonal Menu POS Loyalty Program Customer Experience 40

The Rail

JANUARY 19, 2023

Tech optimization in the food industry is ever-evolving, mainly because of the constant changes in the hospitality and restaurant sector. The food industry is doing its best to capitalize on the transition to a more digitally-focused world. How do restaurants compete with thousands of others? Marketing.

Social Media 59

Social Media Fast Casual Fine Dining Food 59

Modern Restaurant Management

APRIL 14, 2022

Modernizing customer experiences and maintaining satisfaction are top priorities for retail and restaurant owners. Because of this shift, stores and restaurants need customers to navigate their way through multiple channels as quickly as possible, without confusion or stress. Where to Go for What? Digitally Charged Employees.

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Retail Customer Experience Online Ordering Point of Sale 186