EATER

FEBRUARY 10, 2022

DoorDash Capital is actually a cash advance and a fee, okay? In a FAQ on the company website , DoorDash is very clear that its new financing product is a cash advance, not a traditional loan. In 2019, Toast Inc., Shutterstock. The move comes as no surprise for anyone who’s been watching DoorDash over the last year.

Cash Management 104

Cash Management Point of Sale Online Ordering Advertising 104

Hot Schedules

JULY 15, 2021

Mitigating Cost Price Inflation Via Supplier Management. Hospitality systems can’t undo labor legislation, failed harvests or political turmoil, and with hotels in urban markets still seeing revenues dip as much as 52 percent compared to 2019, operators need to utilize every possible method to cut costs. Related Posts.

Pricing 148

Pricing Management Management Cash Management 148

EATER

APRIL 10, 2024

Caviar, of course, was purchased by competitor DoorDash in 2019, ending that air of exclusivity.) As it does with other partners, Wonder offered him a cash payment plus equity in the company to sign on, a compensation structure that’s common in tech startups but not in restaurants. Wonder has managed to raise a whopping $1.5

Delivery 139

Delivery Cash Management Point of Sale Back of House 139

MBB Hospitality

SEPTEMBER 12, 2019

Is restaurant franchising on the rise in 2019? According to the International Franchise Association’s latest report which was in 2018, the overall franchise industry is expected to continue to do well all throughout 2019. Keep eye on cash flow. We can also help with hospitality management and restaurant expansion.

Franchise 40

Franchise Franchising 2019 Cash Management 40

Modern Restaurant Management

MARCH 3, 2020

Nair, a partner at Ervin Cohen & Jessup LLP compiles recent legal news affecting the restaurant, food and beverage and hospitality industries for Modern Restaurant Management (MRM) magazine. Litigation. The Court found that Missouri did not meet its burden of identifying a substantial interest that justified the restriction. Legislation.

2020 123

2020 Restaurant Law Employee Relations Mobile Ordering 123

7 Shifts

DECEMBER 8, 2020

47% of restaurants were negatively affected by employee turnover in 2019, with less than a third of restaurateurs reporting that turnover had no impact on their business. Recommended Reading: Restaurant Task Management: How to Communicate Tasks to Staff 4. Engaged employees are also less likely to turnover.

Front of House 370

Front of House Social Media Employee Relations Back of House 370

7 Shifts

SEPTEMBER 9, 2019

As of this post’s publication (September 2019), the non-fast food restaurant hourly minimum wage is as follows : $15 for New York City restaurants employing 11 of more workers. By the end of 2019, the following hourly minimum wages will be in place for non-fast food restaurants: $15 for restaurants employing 10 or fewer workers. $13

Restaurant Law 283

Restaurant Law Cash Management Article Uniforms 283

Lavu

DECEMBER 20, 2019

In Washington, for example, employers must pay employees a minimum of $12 per hour as of April 2019. Under Internal Revenue Service regulations , employees must keep a daily record of the cash and non-cash tips received, either directly or indirectly. amount of cash tips to their employer by the 10th of the following month.

Cash Management 78

Cash Management Point of Sale Employee Relations Inventory 78

Modern Restaurant Management

JULY 20, 2021

Total restaurant visits were down -6 percent in May 2021 compared to May 2019 but were up +23 percent from a year ago, recovering from a -23 percent decline in May 2020. Snack were up this May +8 percent compared to May 2019 and up +3 percent compared to two years ago. Each daypart — morning meal, lunch, dinner, and P.M.

2021 190

2021 Guest Recovery Online Ordering Point of Sale 190

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. A short menu can slim down the food costs through streamlined inventory management, as well as reduced food waste. Pizza companies have long managed their delivery services independently.

2022 219

2022 Customer Service Online Ordering Website Management 219

Restaurant365

FEBRUARY 8, 2022

It provides your managers with the data they need to help run the business. It also helps prevent overstaffing to prevent cash flow bleeding. You want to prevent inventory sitting on shelves because that affects cash flow. Some operators are using 2019 as a benchmark. Store-level manager accountability.

2022 78

2022 Cash Management Point of Sale Inventory 78

Modern Restaurant Management

SEPTEMBER 15, 2021

The latest BeverageTrak data from CGA’s COVID-19 On Premise Impact Report reveals On Premise velocity in outlets currently trading is +35 percent higher than the same time last year in the week to September 4 and +25 percent against the equivalent week in 2019. It is performing strongly vs both 2020 (+31 percent) and 2019 (+35 percent).

2021 179

2021 Loyalty Program Retail Online Ordering 179

Hot Schedules

NOVEMBER 12, 2020

Top Five Supply Chain Management Tips. . S uppliers in the hospitality industry have been adversely impacted by the pandemic, with reports of revenues of less than 10% of 2019 levels during the first lockdown. Top Five Supply Chain Management Tips. Finance will be pleased with fewer invoices to process! Supplier Compliance.

Supplies 78

Supplies Management Management Allergens 78

Perfect Daily Grind

SEPTEMBER 29, 2022

Between 2019 and 2020, production volumes fell by 4.9% To learn more about these new farm management techniques, I spoke with two people involved in the BREEDCAFS project taking place in northwest Vietnam. Laurent Bossolasco is the Asia-Pacific Regional Manager for ECOM Sustainable Management Services (SMS).

Agriculture 146

Agriculture Cash Management Pricing Article 146

Sante

APRIL 13, 2020

Buyer's Edge compared case purchases of meat substitute products by its 20,000+ restaurant customers from 2018 to 2019. In 2019 available varieties jumped to 51 items that were available to order. In 2019, Executive Chef Bradford Kent blazed his own trail in plant based protein. Executive Chef Bradford Kent, Blaze Pizza.

Sustainability 130

Sustainability Innovation 2019 2018 130

Buzztime Business

FEBRUARY 3, 2021

As of the date of this press release, NTN has received no proposal regarding any potential acquisition or similar transaction from any party, and NTN’s management and board of directors remain focused on closing the proposed merger with Brooklyn and the proposed asset sale to eGames.com.

Specials 60

Specials Cash Management Point of Sale Document 60

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 216

2022 Mobile Ordering Guest Recovery Point of Sale 216

Deliverect

DECEMBER 7, 2020

Some full-service restaurants managed to pivot and find a way to offer their multi-course meals for delivery. But they also see a decline from 2019 numbers, saying that it will take a few years to return to pre-pandemic numbers. Ghost kitchens will help cash-strapped entrepreneurs get a start in the industry.

Online Ordering 148

Online Ordering 2021 Delivery Ordering 148

Deliverect

DECEMBER 7, 2020

Some full-service restaurants managed to pivot and find a way to offer their multi-course meals for delivery. But they also see a decline from 2019 numbers, saying that it will take a few years to return to pre-pandemic numbers. Ghost kitchens will help cash-strapped entrepreneurs get a start in the industry.

Online Ordering 146

Online Ordering 2021 Delivery Ordering 146

Sling

APRIL 19, 2021

As a small business owner or manager, you need to speak the language of your industry. This is a common question many owners and managers ask in regard to accounting for their business. Revenue , on the other hand, is the total amount of cash your business takes in during a specific period of time. How you manage inventory.

Small Business 145

Small Business Cash Management Customer Service Inventory 145

Deliverect

OCTOBER 2, 2019

Pick the right one and you can streamline all your restaurant operations, from orders and payments to staff and inventory management. Key features include floor management, customer and inventory tracking, table-side ordering and an offline mode. Key features include table management, coursing, menu management and sales reporting.

POS 60

POS Delivery Cash Management Point of Sale 60

Buzztime Business

MARCH 1, 2021

The NTN board of directors reiterates the following: The negative impact of the COVID-19 pandemic on the restaurant and bar industry was abrupt and substantial, and NTN’s business, cash flows from operations and liquidity has suffered, and continues to suffer, materially as a result.

Cash Management 60

Cash Management Point of Sale Document Employee Relations 60

Modern Restaurant Management

APRIL 3, 2020

2019) It stands to reason that businesses would not have the ability to prevent the COVID-19 outbreak by reasonable care or foresight. However, the challenges presented as a result of this situation could easily affect people’s livelihoods for years. Black’s Law Dictionary 11th ed.

Government 153

Government Insurance Cash Management Hotels 153

Touch Bistro

MARCH 23, 2021

Restaurant accounting and tax specialists have navigated many operators through millions of dollars in relief and helped them become cash flow positive through the pandemic. This article will also cover: Important restaurant tax deadlines for 2021 5 steps you need to take to increase cash flow during tax season. payroll costs.

2021 52

2021 Cash Management Employee Relations 2020 52

Qu

SEPTEMBER 16, 2022

The 80s Called & They Want Their POS Back The 80’s gave birth to the first electronic cash register with computerized systems to manage payments and orders. When was the last time you heard about POS helping to better manage labor costs and help drive sales? That paper was published in fall 0f 2019.

POS 52

POS White Paper Point of Sale Cash Management 52

Modern Restaurant Management

SEPTEMBER 23, 2020

At the end of 2019, the restaurant industry was booming. That includes any previous liquidity steps taken and your management of any government assistance you received. By watching your 13-to 26-week cash flow models, you should be able to determine when the tide turns before the bottom falls out.

Customer Service 182

Customer Service Cash Management Small Business Communication 182

Marketing4Restaurants

APRIL 1, 2021

If Deliveroo was forced to pay minimum wages and benefits it would dramatically increase costs, costs for a business which is already losing a prodigious amount of cash. Deliveroo in 2019 managed to decrease their loss to 41% of their revenue, down from 48%. Ethical Investing. Competition.

Sustainability 111

Sustainability Delivery Front of House Back of House 111

Rocket Fuel

JANUARY 26, 2024

And with delivery channel growth up 1,343% since 2019, delivery doesn’t seem to be going anywhere. That’s a lot of time spent retrieving your hard-earned cash! We’ll just come out and say it: Restaurant operators are losing money to third-party delivery service providers.

Delivery 52

Delivery Back of House Customer Service Technology 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. Similar to Grubhub's 2019 Year in Food Report , diners are continuing to eat vegan and vegetarian dishes.

2020 195

2020 Mobile Ordering Point of Sale Fast Casual 195

Modern Restaurant Management

DECEMBER 21, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their perspection on 2020: What lessons did you learn and what do you feel the restaurant industry learned this year? Rick Camac Dean, Restaurant & Hospitality Management at ICE (Institute of Culinary Education). Here are their responses.

2020 180

2020 Online Ordering Fast Casual Cash Management 180

EATER

OCTOBER 28, 2021

As Dan Primack at Axios points out , those losses reported in the IPO filing — occurring every year since 2014 — contradict the chain’s claims in 2018 and 2019 that it was profitable. Sweetgreen’s IPO follows in the footsteps of many restaurant brands (including Oregon-born coffee shop Dutch Bros.

Food Supply 97

Food Supply 2018 Fast Casual 2009 97

EATER

JULY 7, 2023

The service charge, as Benu’s Corey Lee put it a few years ago , is a bridge: “The idea of a ‘tip’ is so ingrained in American dining culture that most diners aren’t ready for service-inclusive pricing,” Lee said back in 2019. In fact, service fees can be a mere cash grab, an extension of our broader culture, which is littered with junk fees.

Front of House 97

Front of House Back of House Customer Service Restaurant Law 97

Cheetah

APRIL 13, 2021

Just five years after Cheetah was founded, we’ve managed to process over 350,000 orders, supply over 1,000,000 products, and service over 3,000 restaurants. Legacy broadline distributors like Sysco and US Foods lacked price transparency and a convenient way for small business owners to search for inventory and manage their daily purchasing.

Operations 78

Operations Food Truck Food Supply Small Business 78

Restaurant365

NOVEMBER 20, 2020

The leadership team reviews Restaurant365’s AvT analysis report with location managers on a weekly basis. These meetings encourage accurate reporting counts, in addition to enabling corporate to hold managers accountable.

Demo 148

Demo Point of Sale Cash Management Waste 148

Perfect Daily Grind

OCTOBER 12, 2022

According to the Kenyan Agriculture And Food Authority , coffee was grown on around 119,000ha of land in 2019, making it one of Kenya’s biggest cash crops. The vast majority of Kenyan coffee is sold on the Nairobi Coffee Exchange (NCE), which is organised by the country’s Exchange Management Committee.

Food Supply 153

Food Supply License Supplies 2020 153

The Restaurant Times

OCTOBER 28, 2021

In the restaurant industry, effective capacity management is critical to success which depends largely on how well you can control the traffic. As a restaurant owner, you cannot let your customers wait in line for hours and hours or pressure staff to somehow manage customer expectations. Point of Sales (POS) System .

Technology 52

Technology Operations Point of Sale Mobile Ordering 52

Modern Restaurant Management

JUNE 18, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features recovery data, POS performance and shifting habits of diners. Revenue Management Solutions (RMS) survey POS data from more than 100,000 locations in more than 40 countries. On the Road to Recovery. POS Performance Data.

2020 184

2020 Guest Recovery Kitchen Safety Online Ordering 184