article thumbnail

10 Top Restaurant Technologies To Evolve Your Business

7 Shifts

After that, the most popular back-office technologies were accounting software (52%, up from 31% in 2018) and payroll software (50%, up from 28% in 2018), according to a study from Toast. Your POS system reduces ordering errors, increases front-of-house and back-of-house efficiency, and helps you control inventory.

article thumbnail

Restaurant Labor Laws Cheat Sheet: New York State

7 Shifts

In 2018, for example, the multiple-location Pret a Manger was forced to pay $875,000 in unpaid wages and overtime pay. Legal and other matters referred to in this article are based on 7shifts' interpretation of laws existing at the time and should not be relied on in place of professional legal advice. for the remainder of New York State.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Coffee News Recap, 27 Jan: Proud Mary Coffee to sell Panamanian Gesha for US $150 per cup, PRF El Salvador to host 2023 Salvadoran Barista Championship & other stories

Perfect Daily Grind

The keynote speech delivered by Michael Opitz, Managing Director of Hanns R. Once a member, coffee businesses can use the Alt Dairy logo in window fronts, and can also benefit from social media and press release campaigns to promote their use of plant milks. BWS plans to open more Double Shot locations across Australia later this year.

2023 112
article thumbnail

P.F. Chang’s To Go and Wing Squad Delivers

Modern Restaurant Management

He succeeds Frances Allen, Boston Market’s CEO since 2018, who is departing for a new venture. PPX Hospitality Brands will manage two restaurant groups headquartered in metro Boston, the aforementioned Smith & Wollensky, and The Strega Group, a collection of Italian chophouses recently acquired from the Varano Group.

article thumbnail

Modernization’s Impact on the Foodservice Investment Thesis

Aaron Allen & Associates

The Third Industrial Revolution, where consumer and electronics products led growth, had a very slight impact on foodservice, with the adoption of the point of sale system — most of which are really a glorified cash register. From January–October of 2018, there were 124 restaurant deals in the U.S. foodservice market. to $130.3b).

2018 40
article thumbnail

Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

You made a 6% profit margin—or just shy of the 2018 industry average of 6.1%. In 2018, Wendy’s saw a profit margin of 15.9%. And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. As an owner-operator, your restaurant likely sits at the center of your life.

article thumbnail

MRM Research Roundup: Mid-December 2019 Edition

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the great gift of a restaurant gift card, learning about event professionals, top QSR traffic and digital ordering strategies. While restaurant sales were lower for November of 2018, November of 2019 did not include the same holiday headwinds.

2019 128