Xtra Chef

DECEMBER 30, 2020

Dear 2020, you will not be missed. It goes without saying that 2020 has been a challenging year for humanity. In January 2020, we launched our Recipe Management feature, giving our customers the ability to calculate plate costs easily, accurately and dynamically. Yet, here we are. We’ve made it to the end of the year.

2020 151

2020 Cash Management Point of Sale 2021 151

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? That’s why we decided to donate 10 percent of sales of our off-premise take-out and delivery platform to No Kid Hungry.

2020 193

2020 Kitchen Safety Food Safety Loyalty Program 193

Restaurant365

DECEMBER 4, 2020

Certainly, 2020 brought challenges for the restaurant industry that most owners and operators didn’t see coming. COVID-19 has prompted massive changes in how restaurants operate. Other restaurants had to shift operations to a limited-capacity model, adjusting labor and food costs to match new sales levels.

2021 78

2021 Operations Mobile Ordering Social Media 78

Modern Restaurant Management

APRIL 5, 2022

Various existing and new companies are adopting this trend to reduce operational expenses and risks. In this blog, we will discuss the various facets being utilized to enhance the entire operation of the ghost kitchen efficiently. The result was a 25% percent spike in sales in just two months.

Online Ordering 187

Online Ordering Point of Sale Website Management Inventory 187

Restaurant365

JULY 21, 2021

When it comes to restaurant inventory, there are a lot of moving pieces. Understanding how to master restaurant inventory management is an invaluable skill. Your inventory control tracks what is coming in and out of your restaurant and what is left over during a certain period of time.

Inventory 78

Inventory Management Management Waste 78

Modern Restaurant Management

APRIL 19, 2021

Online sales, curbside pickup, and delivery skyrocketed as restaurants scrambled to adapt. These new additions to the tech stack will help restaurants optimize operations to maintain better margins, get visibility into performance across the brand, and make work easier for managers and other employees to help fight burnout.

Guest Recovery 183

Guest Recovery Point of Sale Inventory Back of House 183

Restaurant365

OCTOBER 29, 2021

Ultimately, many of the same things that help your guest experience also end up helping support restaurant operations as well. You can use back-office restaurant technology to support a positive guest experience in areas such as payment, inventory and food costs, and staff scheduling. POS integration enables flexible payment options.

Customer Experience 158

Customer Experience Technology Mobile Ordering Inventory 158

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

7 Shifts

JULY 21, 2020

Whether your restaurant needs to finance payroll, inventory, or a new electric skillet, these loans can make it happen in a jiffy. SBA 7(a) loans can be used on a variety of business expenses: purchase equipment, upgrade your real estate, stock up on inventory, tackle an emergency, and more. And no money means mo' problems.

Cash Management 300

Cash Management Government Small Business Healthcare 300

Modern Restaurant Management

OCTOBER 26, 2022

A Federal Reserve Bank of San Francisco Diary of Consumer Payment Choice report further revealed that consumers continued to use credit cards and debit cards for most of their payments, accounting for 57 percent of total payments in 2021 compared to 55 percent in 2020 and 54 percent in 2019. percent in 2020. billion in fees.

Consumer Goods 173

Consumer Goods Restaurant Law Audits Customer Service 173

Modern Restaurant Management

JUNE 6, 2022

So much was different before March 2020. Many operators relied on gut instinct, without a comprehensive view of their data to inform their decisions. Restaurants were unable to operate “normally” during the height of the pandemic, and many wonder if things will ever get back to “normal” for our industry again.

Audits 186

Audits Kitchen Safety Back of House Point of Sale 186

Ordyx

DECEMBER 19, 2019

​2019 marked the 10th consecutive year of record sales for the distilled spirits industry. Investigate Bar Inventory Variance Variance (i.e., shrinkage) is any foreseen or unforeseen loss of inventory which results in lost revenue. Here are four easy ways to do it: 1. ​ II. ​ II.

Bar 52

Bar Operations 2020 Point of Sale 52

Restaurant365

DECEMBER 11, 2020

The year 2020 prompted enormous changes in the restaurant industry. operators, mostly sales) minus your cash outflows (your operating costs, like food and drink, payroll, rent, etc.) Your cash flow may have been tight in 2020, so 2021 is the time to focus on your cash flow recovery and next steps.

2021 136

2021 Cash Management Management Management 136

The Restaurant Times

OCTOBER 28, 2021

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. Restaurant Technology To Prepare Your Restaurant For Full Capacity Operations. Point of Sales (POS) System . Kitchen Display System .

Technology 52

Technology Operations Point of Sale Mobile Ordering 52

7 Shifts

MARCH 27, 2020

states are forcing non-essential businesses to stop operations. However, many states that are forcing restaurants to stop their dine-in services are allowing them to operate as takeout and delivery-only establishments. Consider things like merchandise sales, inventory sales, or private cooking lessons.

Social Media 312

Social Media Restaurant Law Employee Relations Communication 312

Modern Restaurant Management

MARCH 3, 2022

With operational costs sky high and profit margins razor thin (ranging on average from three to nine percent ), restaurant operators are continually looking to keep costs down without degrading quality or service. Lockdowns and restrictions cut into hours of operation and profits. It’s possible by looking at the true ROI.

Food 206

Food Food Safety Customer Service Customer Experience 206

Future Food

JUNE 16, 2021

The first half of this year (and some of 2020), Future Food enjoyed working with two sports centric environments. The Aussie Open – case in point. One of the most pleasing aspects of both projects was our ability and agility of working on projects interstate and internationally whilst under lockdown constraints of Covid 19.

Sports 148

Sports Entertainment Hospitality Point of Sale 148

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

MARCH 12, 2021

Restaurants have made great strides in the digital realm—from contactless payments to online ordering—but 32 percent of them feel like they could add to their technology stack to optimize operations. Creates a channel for workers to share perspectives and insights to improve operations.

Mobile Ordering 193

Mobile Ordering Front of House Communication Online Ordering 193

Perfect Daily Grind

MARCH 20, 2023

Between 2014 and 2021, global ecommerce sales grew by over 269%. To learn more about the rise of ecommerce in coffee, I spoke with Jolene Zehnder, Director of Sales and Operations at Mercon Specialty , Craig Russell, Managing Director and President of Mercon Specialty, and CEO of Bean Box , Matthew Berk. What is ecommerce?

Point of Sale 141

Point of Sale Consumer Goods Online Ordering Customer Service 141

Bingage

APRIL 14, 2021

Then being a restaurant owner, why wouldn’t you prefer the latest restaurant technology for the business’s smooth operation & long-term growth. We all are aware that, Restaurant business owners are now adopting effective solutions that can automate operational work, minimise physical burden and improve business sales.

POS 97

POS Loyalty Program Online Ordering Point of Sale 97

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

Restaurant365

APRIL 4, 2022

Businesses in most industries spend about 6% to 7% of annual sales on various technology to help make them better at what they do. Until recently, restaurant operators might have spent 2% of revenues on restaurant technology. The State of Sales, Staffing, and Food Costs. By the end of 2020, that figure plummeted to $678 billion.

Point of Sale 78

Point of Sale Technology Customer Experience Mobile Ordering 78

Goliath Consulting

OCTOBER 19, 2020

2020 has been quite a learning experience. Part of its upsurge comes from off-premise dining becoming widely adopted due to the pandemic, but there’s been an overall uptick in digital sales that’s helped drive-thrus gain significant traction. He also has the numbers to prove his point: Digital sales at Chipotle accounted for 19.6%

2021 135

2021 Point of Sale Food Safety Kitchen Safety 135

Modern Restaurant Management

MARCH 24, 2021

Two key factors are driving the problem for restaurateurs: the first is the fact that delivery has become more than just another sales channel. Depending on what kind of hardware and POS system a restaurant is using, each delivery app may require a unique and intensive process to integrate it with current operations.

Delivery 165

Delivery Customer Service Point of Sale Customer Experience 165

The Restaurant Group

SEPTEMBER 16, 2020

Changes and Opportunities in 2020 and Beyond. Let’s take a look at the emerging 2020 restaurant trends, changes, and opportunities. Needless to say, this has been a year like no other with unprecedented challenges. These will likely continue well into the foreseeable future. Restaurant Industry Changes. Shift to Curbside Pickup.

Online Ordering 148

Online Ordering Delivery Point of Sale Customer Service 148

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. Background. ” he listed.

Demo 148

Demo Point of Sale Cash Management Waste 148

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. What is Point-of-sale software integration? How do POS software integrations help your business?

POS 52

POS Loyalty Program Cash Management Point of Sale 52

Restaurant Clicks

FEBRUARY 21, 2020

This means simply that the cost of your food’s raw materials should be about one third of the sale price. This means simply that the cost of your food’s raw materials should be about one third of the sale price. This is to help run a profitable operation, but it’s not a law set in stone. Restaurant Startup Costs.

License 79

License 2020 Food Truck Equipment 79

BNG Point of Sale

AUGUST 27, 2021

Even as the hospitality industry and catering service businesses throughout the country begin to reopen, owners and operators are faced with a whole new set of issues. Even as the hospitality industry and catering service businesses throughout the country begin to reopen, owners and operators are faced with a whole new set of issues.

Point of Sale 52

Point of Sale Social Media Customer Service Online Ordering 52

Restaurant365

NOVEMBER 6, 2020

As a restaurant owner or operator in 2020, you’ve been faced with an incredibly challenging environment. But since the rush to shift operations to off-premise channels, have you actually been able to step back and evaluate which order modes are the most profitable? The impact of off-premise channels on dine-in restaurants.

Dine-in 113

Dine-in Delivery Ordering Point of Sale 113

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. Inaccurate numbers can, at best, point you in the wrong direction, and at worst, lead to unsound financial decisions. Collect data.

Point of Sale 78

Point of Sale Email Marketing Advertising Cash Management 78

Sling

APRIL 19, 2021

Combining the two words creates a term that means: The amount by which revenue from sales exceeds costs. As a small business owner or manager, you need to speak the language of your industry. That includes general business terms , such as capital, gross, net, and — perhaps most important — profit margin. What Is Profit Margin? Profit Margin.

Small Business 145

Small Business Cash Management Customer Service Inventory 145

EATER

AUGUST 16, 2023

After launching and then closing Proteau just three years after it hit the market, John deBary has come to realize that sales aren’t the only way to measure success Recently I’ve been thinking a lot about failure. In 2017 I was at an inflection point in my career. And it was exhilarating.

Point of Sale 92

Point of Sale Front of House Back of House Online Ordering 92

Modern Restaurant Management

MARCH 18, 2020

As the National Restaurant Association is anticipating sales to decline by $225 billion during the next three months and prompt the loss of between five and seven million jobs, the organization urged the federal government to take aggressive action now to rescue the restaurant industry, the nation’s second largest employer.

Insurance 151

Insurance Employee Relations 2002 2001 151

Restaurant365

JULY 8, 2021

But while off-premise demand has grown, in-person sales are coming back as more regions open up again. For restaurant owners and operators, how do you balance between maintaining off-premise business and rebuilding in-restaurant sales—at the same time? However, in the era of social distancing, these burgeoning trends took off.

Point of Sale 78

Point of Sale FOH Fine Dining Online Ordering 78

The Restaurant Times

AUGUST 23, 2021

However, since 2020, the scenario has been the opposite. According to a report by Business Wire , the Indian online delivery market is expected to grow at a formidable rate of 28.94% in the forecast period of 2020-2026. This article will highlight the ways in which an online ordering system helps to boost restaurant sales.

Online Ordering 59

Online Ordering Ordering Mobile Ordering Food Order 59