Modern Restaurant Management

FEBRUARY 3, 2022

Seventy-four percent of full service restaurants (FSRs) managed to maintain or increase their sales during the pandemic; however, profit margins in 2021 declined to 10 percent, compared to 12 percent in 2019, according to third annual State of Full Service Restaurants Report released by TouchBistro.

Loyalty Program 179

Loyalty Program Online Ordering Cash Management Point of Sale 179

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. Operating from San Francisco and the Greater Bay Area, we now service more than 10% of independent restaurants in the region. Solving Restaurants’ Most Pressing Problems.

Operations 78

Operations Food Truck Food Supply Small Business 78

Embrace the Suck

JANUARY 20, 2021

I know I wrote a post a little while back saying that there would be a restaurant apocalypse in 2020. They didn’t have adequate cash reserves and lived for the weekend sales to keep them going. You can’t operate with a hand-to-mouth mentality any longer—that s**t has to stop! Get Your S**t Together.

Social Media 417

Social Media 2001 Online Ordering Cash Management 417

Modern Restaurant Management

MARCH 1, 2023

Is your restaurant up to speed with the latest best practices for back of house (BOH) management? So, even if your customers are unaware of what’s going on behind the scenes, any operational inefficiencies will eventually surface – with potentially dire consequences for your business.

Front of House 148

Front of House BOH Back of House 2023 148

Modern Restaurant Management

FEBRUARY 4, 2022

Though many of the market forces that shaped the restaurant industry in 2021 were closely linked to disruption from the pandemic's onset in 2020, 2022 brings new challenges — and opportunities. A short menu can slim down the food costs through streamlined inventory management, as well as reduced food waste.

2022 216

2022 Customer Service Online Ordering Website Management 216

Restaurant365

AUGUST 25, 2020

Comprehending your restaurant cash flow is essential to running your restaurant business. Cash flow refers to the amount of cash coming into your restaurant minus the amount of cash going out on a daily, weekly or monthly basis. Common factors that cause cash flow issues. Too much inventory.

Cash Management 97

Cash Management Seasonal Menu Inventory Email Marketing 97

Restaurant365

JULY 29, 2021

Restaurants lost $270 billion in 2020 due to COVID-19 shutdowns and restaurant restrictions, and the crisis sent many companies into a tailspin. According to the National Restaurant Association , in 2020, 110,000 restaurants closed permanently, and 2 million restaurant industry jobs were lost. Negotiate updated terms with vendors.

Cash Management 78

Cash Management Point of Sale Inventory 2021 78

Restaurant365

MARCH 5, 2020

It’s 2020, and your teams are already using technology that improves efficiency and controls business costs. From cloud-based POS systems to mobile apps designed to improve employee satisfaction and streamline scheduling, technology is bettering business and changing the landscape of restaurant management.

Blog 146

Blog Management Management Cash Management 146

Restaurant365

FEBRUARY 8, 2022

Restaurant forecasting is so critical, especially now when 2022 could possibly be as unpredictable as 2020 and 2021. Forecasting implications affect inventory and labor spending, so you must forecast to accurately predict what your labor cost is going to be and what your restaurant inventories are going to look like.

2022 78

2022 Cash Management Point of Sale Inventory 78

Hot Schedules

JANUARY 8, 2020

Find out how you can defeat the Rogue Spender and hang on to your cash. They take the form of wasted time, effort and cash, and cause havoc and frustration for your employees and guests alike. Where there are savings to be had, the Rogue Spender rolls in to keep you from hanging on to your hard-earned cash. SAVE THE DAY!

Cash Management 78

Cash Management Allergens Employee Relations Download 78

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

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

Squirrel Systems

MAY 25, 2021

Restaurant POS Software Integrations The POS has been around for close to 150 years but looked and operated very differently back then to what we commonly see in restaurants, hospitality businesses, or retail spaces today. We can understand the use case for restaurant management system integrations as two-fold – 1.

POS 52

POS Loyalty Program Cash Management Point of Sale 52

Hot Schedules

NOVEMBER 26, 2019

They take the form of wasted time, effort and cash, and cause havoc and frustration for your employees and guests alike. Stay tuned as we introduce you to the villains who thrive on operational inefficiencies. The Busywork Beast has the power to trap your managers in its Back-office Lair. Welcome to our Meet-the-Villain series.

Cash Management 78

Cash Management Allergens Front of House Back of House 78

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. After implementing weekly inventories, Eli’s was generating the data needed to monitor whether menu items were priced correctly. ” he listed.

Demo 148

Demo Point of Sale Cash Management Waste 148

Touch Bistro

MARCH 23, 2021

Restaurant taxes for 2020 are going to look very different from any other year. At this point, you’re probably overwhelmed by the many tax incentives and relief programs available for your restaurant, and how they will affect your 2020 taxes – not to mention all the time spent hunting for last-minute restaurant tax deductions.

2021 52

2021 Cash Management Employee Relations 2020 52

The Restaurant Times

SEPTEMBER 5, 2020

Merely shifting to the online delivery model or reducing seating is not proving to be a financially viable option as they are already operating under severe economic strain. The Covid-19 pandemic has clearly indicated that crisis management requires drastic changes in how the restaurant industry operates.

Management 90

Management Management Cash Management Employee Relations 90

Modern Restaurant Management

MAY 21, 2020

The news may raise concerns for both customers and operators alike because it’s no secret just how contagious COVID-19 can be in public places. With less inventory and even fewer customers coming in, we recommend that you widen your margins and revamp your offerings. Offer Disposable Menus. Install Barriers at Reception.

Social Media 197

Social Media Food Safety Cash Management Kitchen Safety 197

Harbor Touch

JULY 8, 2020

Even as we do see more delivery services emerging — particularly in light of the 2020 pandemic — the restaurant experience isn’t going away anytime soon. A more robust, modern system can help you to accept more payment methods, gather more data, and even monitor specific online orders and inventory, all in a seamless and intuitive manner.

Email Marketing 78

Email Marketing Social Media Cash Management POS 78

The Restaurant Times

FEBRUARY 22, 2022

The outbreak of the pandemic in 2020 ushered in new market dynamics that threw the traditional restaurant business model into disarray. These difficulties are producing instability, forcing operators to cut costs and find new niches. According to Mastercard , contactless payments were used by 80% of people surveyed in 2020.

2022 98

2022 Front of House Cash Management Online Ordering 98

Hot Schedules

NOVEMBER 12, 2020

Top Five Supply Chain Management Tips. . There are a number of suppliers to the industry who sadly have not survived the crisis, making operating more challenging for hospitality businesses who cannot function without their suppliers. Top Five Supply Chain Management Tips. Who is ready to say goodbye to 2020?

Supplies 78

Supplies Management Management Allergens 78

The Restaurant Times

JUNE 11, 2021

Managing a restaurant is a daunting task. Handling inventory, staff and customers, along with keeping track of analytics and reports all at the same time can become cumbersome for the restaurant manager. That is why, automating restaurant operations is always fruitful. It enables you to manage each task efficiently. .

POS 52

POS Mobile Ordering Loyalty Program Online Ordering 52

Goliath Consulting

OCTOBER 19, 2020

2020 has been quite a learning experience. Not surprisingly, we’re seeing more operators are making the shift from third-party delivery to self-delivery; a quick search of food delivery options on google and various name brand restaurants pop up now actively promoting their own delivery options.

2021 135

2021 Point of Sale Food Safety Kitchen Safety 135

Restaurant365

OCTOBER 14, 2020

For restaurant owners and operators in particular, in the midst of making the thousands of decisions needed to run a restaurant business, it’s easy to forget about the restaurant budget. Balancing cash flow month to month, let alone year to year, can be difficult for the ever-changing restaurant industry. Collect data.

Point of Sale 78

Point of Sale Email Marketing Advertising Cash Management 78

Next Restaurants

MAY 26, 2020

The news may raise concerns for both customers and operators alike because it’s no secret just how contagious COVID-19 can be in public places. The webinar is on May 28th, 2020 at 4pm ET. With less inventory and even fewer customers coming in, we recommend that you widen your margins and revamp your offerings.

Webinar 89

Webinar Social Media Food Safety Cash Management 89

Restaurant365

OCTOBER 8, 2021

The ghost kitchen segment was already around at the beginning of 2020, but the market became even more significant in the restaurant industry during the COVID-19 pandemic. With the potential for this segment, many operators and industry leaders are examining new ghost kitchen opportunities. Let’s dive into the details.

Front of House 78

Front of House Back of House Website Management Delivery 78

The Restaurant Times

OCTOBER 24, 2021

Nobody could have predicted that the pandemic, which culminated in total lockdown in March 2020, would have such severe financial consequences. It is no wonder that with one foot firmly in the food delivery business, food aggregators are aggressively moving towards cloud kitchens to cash in on the frenzy. billion by 2023. .

Kitchen Safety 52

Kitchen Safety Online Ordering Mobile Ordering Food Order 52

Touch Bistro

JULY 4, 2021

Not to mention, 84% of operators said their staffing levels are lower than normal. In March and April of 2020, the onset of the COVID-19 pandemic saw the restaurant industry suffer far more job losses than any other sector. million food service employees lost their jobs in 2020. Change Your Management Style. In total, 2.5

2021 98

2021 Employee Relations Hiring Recruiting 98

Modern Restaurant Management

MARCH 24, 2020

The 2020 National Restaurant Association Show, which we had planned to hold in Chicago on May 16-19, has officially been canceled. Although these developments resulting from COVID19 require that the 2020 Show not go forward at this time, we are looking forward to partnering with you to make the 2021 Show the best ever."

Food Supply 85

Food Supply Kitchen Safety Cash Management Food Safety 85

Apicbase

FEBRUARY 29, 2024

2023 has been a challenging year for restaurant operators, caught as they were between rising food costs and labour shortages. In a 2023 survey, 29% of operators said they are very likely to open new locations in 2024. Most operators raised their menu prices in 2023, but fewer expect to do so in 2024. trillion to $1.34

2024 52

2024 Operations 2023 Loyalty Program 52

BNG Point of Sale

JULY 16, 2021

With lockdowns, social distancing, and economic uncertainty sweeping the country, the average restaurant revenue in 2020 was significantly affected. Using these real-time reports, you can make more informed decisions about your operations, even as COVID continually alters the American dining experience from coast to coast.

Point of Sale 52

Point of Sale Seasonal Menu Cash Management Fine Dining 52

The Restaurant Times

SEPTEMBER 30, 2021

In 2020, we saw a significant rise in the number of food trucks. had approximately 26,200 operational food truck businesses in 2021. It allows you to spend less cash each month. Food trucks, like most other quick-service establishments, must manage staff, inventory, and sales.

Food Truck 52

Food Truck Food License Mobile Ordering 52

Restaurant365

NOVEMBER 26, 2019

Restaurant management software can streamline restaurant operations, helping you become more efficient and profitable. However, not all restaurant management systems are created equal — and the tools you have access to can play a large role in your success. Cloud-based management. User-friendly order management.

2020 117

2020 Management Management Mobile Ordering 117

Restaurant Clicks

FEBRUARY 17, 2020

A good point of sale system can help streamline your restaurant’s processes, from payments to inventory and much more. POS systems essentially function as cash registers , but with better technology and tracking. Inventory management. Menu management. Reputation management. Table management.

POS 78

POS 2020 Point of Sale Loyalty Program 78

Modern Restaurant Management

AUGUST 5, 2020

and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. This year’s Neighborhood to Nation Contest will double the number of winners to award 20 prizes of $5,000 in cash along with a robust marketing package.

Food Safety 199

Food Safety Mobile Ordering Online Ordering Kitchen Safety 199

7 Shifts

MAY 26, 2021

Instead, they partner with SBA-approved banks that foot the actual cash to qualifying small businesses. Here's how to qualify for a first-draw PPP loan in 2021: Been in business before February 15, 2020. Still be open and operational. Been in business before February 15, 2020. Still be open and operational.

2021 195

2021 Cash Management Document Employee Relations 195

Modern Restaurant Management

DECEMBER 14, 2021

These challenges pose the potential for inventory constraints, menu price increases, delays in service and more, impacting not only the hours restaurants can stay open but also the capacity at which they can operate. Rick Camac, Dean of Restaurant & Hospitality Management at the Institute of Culinary Education.

2022 185

2022 Food Supply Mobile Ordering Customer Experience 185