Remove 2020 Remove BOH Remove POS Remove Recruiting
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The 20/20 on 2020: Restaurant Experts Weigh In

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders and experts for their insights on what will impact restaurants in 2020 and the response was overwhelming. The biggest trend by far, for now, and going into 2020 is ghost kitchens (AKA delivery only, virtual kitchens, cloud kitchens, pick-up only, etc.).

2020 137
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[Guide] Restaurant Management Tips & Tactics: 2019 Field Guide

7 Shifts

You'll need to be tech-savvy with using POS hardware, scheduling tools , and other operational software. A high turnover means you now have to recruit, select, and train new candidates, which takes time and costs money. Review labor and sales reports on your POS. Remaining educated: Managing a restaurant involves constant work.

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8 Tips to Optimize Restaurant Labor Costs Despite Higher Minimum Wages

Restaurant365

If you’re a restaurant owner or operator, COVID-19 brought tough challenges for your business in 2020. This includes your fully burdened labor restaurant cost (wages, payroll taxes, and benefits for that time period) divided by your revenue (the sales before taxes or other deductions) pulled from your point of sale (POS) system.

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93 Restaurant Industry Statistics Every Food Service Operator Needs to Know in 2024

Apicbase

million tons in 2020 and 12 million tons in 2021. 85% of operators use POS data to engage with customers via text or email, while 60% use it for their loyalty programs. Square , 2024) After recruiting and retaining staff, increasing sales volume is the second most expected challenge in 2024 (23.75% of respondents).

2024 52
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Meeting Off-Premise Demand While Rebuilding In-Restaurant Sales to Boost Profitability

Restaurant365

.” As of early June, “70 percent of all adults said they feel comfortable going to a restaurant, an increase of 3 percentage points from the end of May and a new record high for the activity” (compare this to 42%, the highest rate all of 2020). You may have had to lay off or furlough some of your team in 2020.

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85+ Restaurant Industry Statistics That Every F&B Operator & Manager Needs to Know in 2023

Apicbase

A large percentage of these investments are driven by food service industry startups that help businesses streamline BoH operations to reduce food waste. National Restaurant Association , 2020) Most operators have reduced the number of vendors they work with from 7 to 3 (leading to improved inventory visibility and management.

2023 52
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Restaurant Experts’ 2021 Outlook, Part One

Modern Restaurant Management

Some of these innovations include digital menus, contactless payments, marketing solutions, and cloud-based POS. With leaner teams in place this year, restaurants have taken to automation and supplementary technology in all areas from FOH to BOH and everywhere in between. Angela Hart, Solutions Director North America, Fourth.

2021 197