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. Investing in labour-saving technologies and providing simple and fewer menu selections, for example, has allowed them to free up cash flow and recruit more people or raise compensation.

2022 98

2022 Front of House Cash Management Online Ordering 98

Modern Restaurant Management

JULY 25, 2023

As a restaurant owner, managing your finances effectively is crucial for the success and growth of your business. These incentives can help reduce your tax liability, increase cash flow, and promote business expansion. billion in the second, third, and fourth quarters of 2020 and $7.9 Many have taken advantage.

Cash Management 88

Cash Management Government 2025 2023 88

Aaron Allen & Associates

JULY 17, 2020

Backing & Growing Strong Foodservice Operators : Chains with high growth potential and a strong balance sheet that could use cash to back further expansion. Enhancing sustainability and longevity. Adding expertise and management skills. Board and Management Installation. Diversifying the portfolio and mitigating risk.

2020 110

2020 Back of House Cash Management Specials 110

Kounta

JANUARY 9, 2020

But what’s in store for the industry in 2020? Trend 1: Cash me if you can — cashless society will reach greater heights. Carrying cash is getting increasingly unpopular and there are many contributing factors behind this trend — including personal safety, inability to track your transactions, or simply conditioning of the time.

Hospitality 98

Hospitality Cash Management Influencer POS 98

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

Modern Restaurant Management

NOVEMBER 10, 2021

When chef and partner Pepe Moncayo opened his Spanish kaiseki in early February 2020, it was unlikely that he knew how aptly named his first U.S. Finally, during a lull in the fall in 2020, Pepe had time to pause and reflect on the last seven months, realizing what he had for restaurant management tools were not working.

Dine-in 180

Dine-in Cash Management 2013 Customer Service 180

Modern Restaurant Management

JANUARY 12, 2022

Early in the pandemic, 72 percent of operators invested in delivery and mobile/online ordering to boost revenue during mandated stay-at-home orders according to TD's 2020 survey, and it appears the popularity of these offerings is here to stay. 46 percent would love to manage their dietary preferences with their favorite establishments.

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2022 Mobile Ordering Guest Recovery Point of Sale 215

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

The Restaurant Times

SEPTEMBER 5, 2020

Restaurants today are struggling to win customers’ trust and to make their business sustainable. The Covid-19 pandemic has clearly indicated that crisis management requires drastic changes in how the restaurant industry operates. There’s no denying that demand forecasting has been challenging for the restaurant industry in 2020.

Management 90

Management Management Cash Management Employee Relations 90

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. Delivery Options.

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2022 Customer Service Online Ordering Website Management 218

Perfect Daily Grind

OCTOBER 1, 2022

Speakers will include Head of Beverages at Nestlé Professional, Patrick Stern, and Relationship Manager at Perfect Daily Grind, Nicholas Yamada. Lundstrom first joined the company in 2010, and has been part of Nespresso’s executive team since 2020. million tonnes in the 2020/21 harvest. Registration is now open.

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2022 2023 Point of Sale Webinar 135

Modern Restaurant Management

APRIL 3, 2020

Business interruption insurance is an extremely important type of coverage in an insurance policy which is intended to cover for lost income sustained as a result of a covered peril in order to allow for the continuity of your business into the future. Black’s Law Dictionary 11th ed.

Government 153

Government Insurance Cash Management Hotels 153

Lavu

NOVEMBER 11, 2019

Not accepting cash eliminates the risk of thefts and reduces crime rates in general. The fifth time the Park Café & Coffee Bar in Baltimore, Maryland, was held up at gunpoint, the owner decided to remove the cause: cash. To reduce money laundering and crime, the European Union has plans to phase out the 500-Euro note by 2020.

Cash Management 85

Cash Management Point of Sale Fast Casual Café 85

Hot Schedules

NOVEMBER 12, 2020

Top Five Supply Chain Management Tips. . As business levels continue to fluctuate since early Spring, it is important to keep stock levels to a minimum to preserve cash and minimize waste. To find out how to cut costs, not corners, to effectively manage your supply chain check out our procurement and inventory guide.

Supplies 78

Supplies Management Management Allergens 78

EATER

FEBRUARY 4, 2021

He never yelled or raised his voice, instead relying on sous chefs and managers to keep us in line. When I finally left the doughnut job in 2009, I left the industry entirely — not because I wanted another career, but because I couldn’t see a path to a sustainable, balanced life in food. Change finally seems possible.

Kitchen Safety 135

Kitchen Safety Social Media Cash Management Back of House 135

Perfect Daily Grind

FEBRUARY 22, 2023

This makes India the seventh-largest producer of coffee in the world – meaning it’s a valuable cash crop for an estimated 250,000 coffee farmers in the country. An overview of coffee production in India According to data from the Coffee Board of India, between 2020 and 2021, over 471,000ha of land was used to grow coffee in the country.

Agriculture 169

Agriculture 2022 Article Cash Management 169

The Restaurant Times

JUNE 11, 2020

The National Sample Survey (NSS) estimates that as on March 31, 2020; over 136 million non-agricultural jobs were at immediate risk. It’s becoming imperative now to cut salaries of employees since the cash flow has virtually stopped. The senior management is also facing deep cuts in their salaries.

Hotels 59

Hotels Cash Management Small Business Agriculture 59

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

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 periods, were down -5 percent in May 2021 compared to May 2020, and for a pre-pandemic view, down -11 percent compared to same month two years ago.

2021 189

2021 Guest Recovery Online Ordering Point of Sale 189

Perfect Daily Grind

JANUARY 27, 2023

The keynote speech delivered by Michael Opitz, Managing Director of Hanns R. The organisation says its new add-on certification feature and diagnostic tool can help to improve farm management practices and increase profitability. WatchHouse Coffee appoints Caroline Ottoy as new Managing Director.

2023 112

2023 2022 Events Certification 112

Modern Restaurant Management

FEBRUARY 4, 2020

Under Allen’s leadership, this C-suite team has been instrumental in implementing a multi-faceted transformation plan designed to ensure long-term sustainability, enhance brand relevance, accelerate innovation, improve guest satisfaction, increase overall profitability and create a clear growth plan to propel the company forward.

Online Ordering 122

Online Ordering Hospitality Leadership Design 122

Modern Restaurant Management

SEPTEMBER 15, 2021

The “support local” movement that helped sustain several restaurants during the pandemic won’t be going away any time soon, with more Canadians purchasing and ordering from their local restaurants directly, and for items other than just takeout or delivery. Among the report highlights: Starbucks cashes in.

2021 178

2021 Loyalty Program Retail Online Ordering 178

Perfect Daily Grind

JUNE 20, 2022

These have become considerably more prominent since the onset of the Covid-19 pandemic in 2020. In the case of virtual auctions, roasters request coffee samples before placing their bids, which are then managed remotely via a dedicated digital platform. Justin Mool is the Auction & Web Manager at Grounds for Health.

Supplies 117

Supplies Cash Management Article 2022 117

Modern Restaurant Management

AUGUST 3, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the state of flavor, COVID-19 restaurant operations, public acceptance of delivery charges, the best of the best and the most allergy-friendly restaurant chains. Breakfast burritos were the 7th most ordered item on DoorDash in 2020. Iced Coffee.

2020 195

2020 Franchise Franchising Food Order 195

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. We are offering a groundbreaking conversion opportunity with our new Fazoli’s 2020 Franchise Incentive Program. Virtual Barbecue Pit. Clean Juice Adds Nine.

Franchise 189

Franchise Franchising Kitchen Safety Food Safety 189

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. Additionally, turnover rates for restaurant employees and managers continue to be at all-time highs.

2019 128

2019 Compost Mobile Ordering Point of Sale 128

EATER

DECEMBER 16, 2021

So every delivery I would try to do my best, greet people, smile at people, and do my job because I was representing the company that sustained me.”. The manager, who was white, shouted at her, “Who the hell do you think you are coming so late? The manager shouted at her that she didn’t care. The manager threw the plates at her.

Back of House 141

Back of House Employee Relations Delivery Mobile Ordering 141

EATER

JULY 13, 2022

The shop often functions on the honor system, with a notebook in which you write down your name and what you took, or an envelope in which you can leave cash. Hazel Pagkalinawan first came to Bettles from Southern California almost 15 years ago to manage the Bettles Lodge, a historic small hotel that sits right on top of the airstrip.

Food Order 103

Food Order Food Truck Seasonal Menu Food Supply 103

EATER

JANUARY 5, 2022

I would love to see a more sustainable wage for not just restaurant workers, but for the drivers and everyone involved,” said Canter. If a restaurant owner decides to pocket the extra cash and pay their workers a minimum wage that is nothing close to a living wage, that’s their choice. The same goes for virtual restaurants.

Food 144

Food Mobile Ordering Online Ordering Food Order 144

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 210

Food Safety Mobile Ordering Online Ordering Kitchen Safety 210

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. Been in business before February 15, 2020. The SBA financially backs these loans, but they don't do the actual lending.

2021 195

2021 Cash Management Document Employee Relations 195

Modern Restaurant Management

MAY 17, 2021

percent vs. 2020, when widespread shut-downs crippled the industry, and were up 5.7 And 34 percent have only one month or less left of cash reserves (that’s up 4 percent from April). Investing in Sustainability Alternatives to Animal-Based Foods. billion, was raised in 2020 alone. Spending at restaurants grew 118.8

2021 201

2021 Consumer Goods Small Business Fine Dining 201

Modern Restaurant Management

APRIL 2, 2020

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. Experienced a decrease in wages or loss of job on or after March 10, 2020. restaurant employees financially impacted by the coronavirus crisis.

Healthcare 206

Healthcare Employee Relations Online Ordering Customer Service 206

Modern Restaurant Management

MARCH 11, 2020

US Foods Holding Corp.entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management, Inc. NYSE: APO) (the “Apollo Funds”) for $970 million in cash. The company has continued that momentum in 2020 by adding over 5,000 clients already.

Bar 154

Bar Cash Management Loyalty Program Point of Sale 154

Modern Restaurant Management

FEBRUARY 18, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry movers and shakers: "What do you feel is going to cause disruption in the restaurant industry over the next decade?” In addition to improving the guest experience, technology also makes it easier for restaurants to manage their operations.

Mobile Ordering 215

Mobile Ordering Front of House Fast Casual Customer Service 215

Modern Restaurant Management

DECEMBER 14, 2020

The company has also added a Deep Cleaning Checklist and guiding principles for Managing Indoor Air. A $50 million Investment in The Global Farmer Fund, providing access to capital so coffee farmers can use these funds to strengthen their farms and farming practices to be even more productive and sustainable. ” Drive Kindness.

Webinar 189

Webinar Customer Experience Mobile Ordering Customer Service 189

Perfect Daily Grind

FEBRUARY 17, 2023

Applicants can share how their efforts are making the coffee industry more sustainable by promoting a circular economy. A panel of judges will pick a winner who will receive either US $5,000 in cash or US $15,000 in credit for MTPak Coffee products. Along with paying the fine, cash will now be accepted at Hidden Grounds.

2022 121

2022 2023 Cash Management Food Supply 121