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. Restaurant technology can simplify your operations to a great extent and . Technology can easily streamline your day to day operations on busy nights and weekends.

Technology 52

Technology Operations Point of Sale Mobile Ordering 52

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 106

Cash Management Point of Sale Online Ordering Advertising 106

EATER

APRIL 10, 2024

Wonder, which operates 11 locations mostly in New York City and its adjacent suburbs, is intent on rethinking restaurant delivery. Caviar, of course, was purchased by competitor DoorDash in 2019, ending that air of exclusivity.) There are no anticipated changes to Relay’s courier network, operations, or restaurant partners,” they said.

Delivery 136

Delivery Cash Management Point of Sale Back of House 136

Modern Restaurant Management

DECEMBER 16, 2019

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 95

2019 Compost Mobile Ordering Point of Sale 95

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. Green Kitchens and Environmental Concerns. Ghost Kitchens.

2022 214

2022 Customer Service Online Ordering Website Management 214

Modern Restaurant Management

JANUARY 12, 2022

The pandemic has permanently altered the consumer-restaurant relationship with operators investing in technology and real estate to align with changing consumer preferences, according to the 2021 Restaurant Franchise Pulse survey, conducted by TD Bank. Operator optimism and investment fuels future credit needs.

2022 200

2022 Mobile Ordering Guest Recovery Point of Sale 200

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 185

2021 Guest Recovery Online Ordering Point of Sale 185

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. Operating Profit Margin.

Small Business 145

Small Business Cash Management Customer Service Inventory 145

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

Restaurant365

FEBRUARY 8, 2022

A forecast is a very powerful operational tool. 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.

2022 78

2022 Cash Management Point of Sale Inventory 78

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

Sante

APRIL 13, 2020

Restaurant sales of plant based meat substitutes increased 87% last year, according to Buyer’s Edge Platform , a restaurant supply chain company that helps operators use technology to save money and run their restaurants more efficiently. In 2019 available varieties jumped to 51 items that were available to order.

Sustainability 130

Sustainability Innovation 2019 2018 130

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

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. Top 3 Fundamentals of Running Vital Restaurant Operations. Related Posts.

Supplies 78

Supplies Management Management Allergens 78

Rocket Fuel

JANUARY 26, 2024

We’ll just come out and say it: Restaurant operators are losing money to third-party delivery service providers. 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!

Delivery 52

Delivery Back of House Customer Service Technology 52

Restaurant365

NOVEMBER 20, 2020

However, with the arrival of Eric Steinbach as chief operating officer in May of 2020, Eli’s started to apply Restaurant365 to operations as well. By expanding the use of Restaurant365 into operations, Eli’s was looking to access “clear line data” about everything from recipe costing to monitoring P&Ls.

Demo 148

Demo Point of Sale Cash Management Waste 148

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

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

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

SEPTEMBER 23, 2020

At the end of 2019, the restaurant industry was booming. no wonder restaurant operators have been chasing liquidity by cutting expenses internally and turning to credit markets in a bid to outlast the impacts of the pandemic. Fail to pay rent and you’ll soon cease operating. Think of your landlord as a lender, too.

Customer Service 138

Customer Service Cash Management Small Business Communication 138

Modern Restaurant Management

SEPTEMBER 15, 2021

It is expected alcohol sales will grow as suppliers and operators adapt packing and pricing models to bolster alcohol sales with delivery. The comparable week last year (to September 5 2020), while in recovery compared to the height of restrictions, was still lower than the same week in 2019. ” Supporting Local. California.

2021 156

2021 Loyalty Program Retail Online Ordering 156

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 108

2020 Restaurant Law Employee Relations Mobile Ordering 108

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? In 2020 the restaurant industry learned that offering delivery and running an efficient operation is necessary to stay alive.

2020 135

2020 Online Ordering Point of Sale Cash Management 135

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

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. Booking management, analytics and client knowledge is included, as well.

POS 60

POS Delivery Cash Management Point of Sale 60

Marketing4Restaurants

APRIL 1, 2021

It was able to overtake Delivery Hero and Delivery Hero was forced to leave Australia, finding it unsustainable to operate here. 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. Ethical Investing. Competition.

Sustainability 111

Sustainability Delivery Front of House Back of House 111

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. But don’t panic.

2021 52

2021 Cash Management Employee Relations 2020 52

Modern Restaurant Management

APRIL 3, 2020

Civil Authority coverage, for instance, applies when a local, state, or federal government mandates to limit access to any aspect of your business which is critical to a business owner’s ability to conduct his normal operations. Black’s Law Dictionary 11th ed.

Government 124

Government Insurance Cash Management Hotels 124

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. In our world, you now have these platforms.

Food Supply 93

Food Supply 2018 Fast Casual 2009 93

Cheetah

DECEMBER 14, 2021

For restaurant operators, shifting to plant-based ‘cash-cows’ not only makes economic sense, but it has never been easier. They often take more time to consume a small sundae than the whole preceding meal, effectively reducing turnover for operators. per year, and in 2019 raked in $2.77 Reading Time: 5 minutes.

Food Supply 148

Food Supply Seasonal Menu Cash Management Pricing 148

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

Touch Bistro

JULY 18, 2021

Back in 2019, TouchBistro’s Annual Industry Report found that seven in 10 restaurants in the U.S. And since 2019, the problem has only gotten worse, in large part due to the COVID-19 pandemic. You need to keep your operations running smoothly – also so you stay in business. were experiencing a labor shortage.

Back of House 52

Back of House 2021 Front of House Cash Management 52

Restaurant365

JUNE 17, 2020

Your restaurant operations include many different expenses, from food and beverage to utilities. Whether you are slowly scaling up operations again or moving from takeout and delivery only to limited dine-in, it is more important than ever to stay on top of your labor and payroll cost. Understanding labor and payroll cost.

Tip Distribution 78

Tip Distribution Point of Sale Employee Relations Restaurant Law 78

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 152

2020 Mobile Ordering Point of Sale Fast Casual 152

Modern Restaurant Management

DECEMBER 12, 2019

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Salata is on track to have 25 new franchise contracts secured by the end of 2019. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. More Tropical in Colorado.

Franchise 90

Franchise Franchising Loyalty Program Book 90

Modern Restaurant Management

AUGUST 14, 2020

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Because the facility includes a kitchen for restaurants to prepare foods, the only equipment needed to operate a Dickey’s location is a smoker and a warming cabinet.

Franchise 186

Franchise Franchising Kitchen Safety Food Safety 186

ChefMod

OCTOBER 6, 2021

In a bid to counteract these negative effects in the restaurant industry, the government established various regulations to ensure the safe operation of the restaurant industry. But, how have they managed to stay up and running so far? Even a small vegetable vendor can take orders via some kind of online ordering platform.

2021 52

2021 Email Marketing Front of House Cash Management 52