Hot Schedules

JULY 15, 2021

Mitigating Cost Price Inflation Via Supplier Management. No more special cases. Not only does this deliver greater control, but negotiated rates also help avoid the inevitably higher costs that come from buying with petty cash. Smart operators take purchasing management further by using electronic trading platforms.

Pricing 148

Pricing Management Management Cash Management 148

7 Shifts

OCTOBER 20, 2022

Throughout 2021, the U.S. Specifically, The DOL applied the updates to the amendments that occurred in 2018 in section 3(m) and other sections in the Fair Labor Standards Act: First, employers, supervisors, and managers cannot keep employee tips under any circumstances, even in a tip pool. Don't Include Managers in the Tip Pool.

Tip Distribution 195

Tip Distribution Restaurant Law 2023 Cash Management 195

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 first quarter of 2021. billion in the second, third, and fourth quarters of 2020 and $7.9

Cash Management 88

Cash Management Government 2025 2023 88

7 Shifts

NOVEMBER 9, 2022

You can use a newsletter to update them about a new location opening , special offers, menu upgrades, or food-based events. in 2021 , and it's been on a slippery slope for years. Now that you know what email newsletters can do for your restaurant, it's time to create a newsletter that wins hearts and sets the cash register ringing.

Email Marketing 195

Email Marketing Loyalty Program Social Media Point of Sale 195

Xtra Chef

DECEMBER 16, 2020

But with large gatherings prohibited in most regions and many restaurants strapped for cash, parties are simply not an option this year. Managing a Restaurant Gift Card Exchange. You can even upsell them with specials and deals. Looking Ahead to 2021. A gift card exchange.

Certification 130

Certification Tip Distribution Cash Management Food Safety 130

ChefMod

OCTOBER 6, 2021

But, how have they managed to stay up and running so far? Additionally, the extra cash flow can make a difference in the running and management of your business. According to a report by the National Restaurants Association, more than 110,000 restaurants and bars closed their business for good or temporarily by the end of 2020.

2021 52

2021 Email Marketing Front of House Cash Management 52

Buzztime Business

MARCH 1, 2021

March 1, 2021 /PRNewswire/ — The board of directors of NTN Buzztime, Inc. The NTN business has been operating at a loss for months and is projected to run out of cash in three weeks. If the proposed merger and/or asset sale are not completed by mid-March 2021, then NTN will likely have no choice but to pursue bankruptcy.

Cash Management 60

Cash Management Point of Sale Document Employee Relations 60

The Restaurant Times

SEPTEMBER 1, 2021

The country has more than 1 million operating restaurant locations as of 2021, employing 15.6 Harnessing the POS software, restaurateurs have enhanced their restaurant management systems to stay pro-active in the competition. . 8 Ways POS Software Remodels The Restaurant Management System. Manage Inventory.

POS 52

POS Management Management Cash Management 52

Restaurant365

MAY 25, 2022

Kiosks that only accept electronic payments remove the time and costs associated with handling cash. In fact, nearly two-thirds of marketers agree that social listening has increased in value during 2021. Restaurants hold a special place in our hearts. Or to relax and enjoy a meal that we did not have to cook after a tough day.

Technology 78

Technology Mobile Ordering Social Media Online Ordering 78

The Restaurant Times

JUNE 25, 2021

In the year 2021, Daryaganj won the Restaurant of the Year Award-2021 from Delhiites Magazine. In fact, in March 2021, Daryanganj Hospitality had almost reached 90% of the pre-Covid numbers in terms of sales, with some outlets even exceeding the pre-Covid numbers. . This helps in generating loyalty and making them feel special.

Customer Experience 72

Customer Experience Dine-in Kitchen Safety Cash Management 72

Aaron Allen & Associates

NOVEMBER 2, 2023

Whether you are a lender, investor, operator, part of a management team, or in executive leadership, you can benefit from looking at debt through this lens. In such cases, management may remain in place or it may be needed that a third party takes over to stabilize the business, preserve the assets, and facilitate a path toward recovery.

Cash Management 59

Cash Management 2024 Point of Sale 2023 59

EATER

MAY 16, 2024

My son has special needs. Because if not, then I would have to leave work.” “We would see employees on the right track, getting experience, starting to get to the next level, meaning a management promotion, and then child care would fall through,” says Marcus. Some days he’s fine. Some days all hell breaks loose. But I doubt it.

Employee Relations 101

Employee Relations Government Hospitality Take-out 101

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. by the end of fiscal 2021. reducing to approximately 3.0x

Bar 148

Bar Cash Management Loyalty Program Point of Sale 148

BNG Point of Sale

OCTOBER 15, 2021

How Much Does A Retail POS System Cost In 2021? Electronic cash registers are as efficient and accurate as using a cigar box at the cash wrap when keeping track of money. A software partner who specializes in point-of-sale, inventory, and payment solutions leads to the most successful implementations.

Point of Sale 52

Point of Sale Retail POS Cash Management 52

Cheetah

DECEMBER 14, 2021

For restaurant operators, shifting to plant-based ‘cash-cows’ not only makes economic sense, but it has never been easier. And if a restaurant is making its own pastries, the wages of a specialized pastry chef and modern equipment start to add up. 2021 has been called the year of ‘ The Detox ’. Reading Time: 5 minutes.

Food Supply 148

Food Supply Seasonal Menu Cash Management Pricing 148

The Restaurant Times

NOVEMBER 17, 2022

Since 2005, sales of food services and drinking places have nearly tripled as customers have changed their focus on where they spend their cash. . Additionally, having a multi-management location, vendor management, menu management and . staff management all in one place will facilitate the creation of a pop-up.

Marketing 52

Marketing 2023 Email Marketing Social Media 52

Modern Restaurant Management

DECEMBER 16, 2021

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their views on trends. With more options to work outside of the hospitality industry, operators must offer employees more scheduling flexibility, facilitate transparent communication between management and team members, and avoid overworking staff.

2022 178

2022 Food Supply Back of House Kitchen Safety 178

Black Box Intelligence

FEBRUARY 1, 2022

For sports bar franchise Twin Peaks , which has continued to grow throughout the pandemic and was part of one of the industry’s biggest restaurant acquisitions in 2021, BBI data has been essential to sharpening its strategy. “It In addition to monitoring your guest data, see how your competitors’ specials, menu items, etc.

Point of Sale 83

Point of Sale 2021 Leadership Fast Casual 83

Restaurant365

DECEMBER 6, 2021

December 6, 2021 by John Moody, Restaurant365 Co-Founder & Chief Strategist. With food costs running at approximately 30 percent or higher, learning to accurately manage inventory is critical in successfully driving down costs and maximizing profits. Food waste is one of the largest areas of potential cost savings in a restaurant.

Supplies 78

Supplies Food Supply Waste Inventory 78

Restaurant365

APRIL 15, 2021

This blog post was originally published on September 10, 2019 and updated on April 15, 2021. This data indicates the state of your restaurant’s financial health, and it can even help you and your managers understand where you can start improving profitability. A P&L is a management tool for your business. Prime Cost.

Point of Sale 78

Point of Sale Cash Management Beverage Insurance 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. Now available through Grubhub, it is a delivery-only concept that specializes in antibiotic-free, oven-baked, boneless chicken bites. Credit: Tyga Bites.

Food Safety 207

Food Safety Mobile Ordering Online Ordering Kitchen Safety 207

EATER

NOVEMBER 1, 2022

In 2021, I worked in a restaurant that promoted itself as the future of dining. And while digital payment systems increase tipping rates , it can be impossible to know how much of your tip will make it into the server’s hands, unlike with old-fashioned cash. Mobile ordering has turned many cafés into coffee vending machines.

Mobile Ordering 118

Mobile Ordering Customer Service Food Order Online Ordering 118

Modern Restaurant Management

JUNE 18, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features recovery data, POS performance and shifting habits of diners. The most updated On Premise Impact Report by Nielsen CGA, along with other special reports issued over the past several weeks, can be found here: [link]. On the Road to Recovery.

2020 179

2020 Guest Recovery Kitchen Safety Online Ordering 179

Perfect Daily Grind

JUNE 20, 2022

At the 2021 online auction, for instance, the highest bidder paid a world record US $2,568/lb for a fermented Gesha coffee. In the case of virtual auctions, roasters request coffee samples before placing their bids, which are then managed remotely via a dedicated digital platform. Using auctions to promote social initiatives.

Supplies 117

Supplies Cash Management Article 2022 117

Aaron Allen & Associates

JUNE 23, 2021

The foodservice industry can be a great source of targets with high growth rates, steady cash flows, and moderate risk. Do I have the right data to manage the risks of this emerging foodservice investment? April 2, 2021. March 12, 2021. Where should lower middle market investors look for investments? Read More ».

Marketing 59

Marketing Point of Sale 2019 2016 59

Modern Restaurant Management

JANUARY 9, 2020

parent company of fast-casual restaurant chain The Habit Burger Grill, for approximately $375 million in a cash transaction. and will continue to be managed by Russell Bendel, president and c.e.o., Cardmembers will need to activate by December 31, 2021 to enjoy the new benefit. Brands, Inc. and Ira Fils, chief financial officer.

Fast Casual 108

Fast Casual Customer Service Online Ordering Casual 108

Black Box Intelligence

NOVEMBER 1, 2021

October 27, 2021. Data through the week ending October 17, 2021. By August 2021, the rolling 12-month hourly turnover rate was an alarming 19 percentage points higher than it was in 2019. . October 19, 2021. Data through the week ending October 10, 2021. October 13, 2021. Weekly Restaurant Insights.

Fast Casual 84

Fast Casual Guest Recovery Fine Dining Point of Sale 84

Modern Restaurant Management

MARCH 24, 2020

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." Brands funded the transaction using cash on hand and available borrowing capacity under its credit facilities. New Level of Hot Dog.

Food Supply 96

Food Supply Kitchen Safety Cash Management Food Safety 96

Modern Restaurant Management

SEPTEMBER 24, 2021

White Castle, the creator of the beloved Sliders sold at eponymous restaurants and in grocery aisles nationwide, has been celebrating its 100th birthday throughout 2021. “The 25-Year Club ceremony is one of our most special and proud traditions,” said Lisa Ingram, president and CEO of White Castle. New Sites for gfg.

Franchise 181

Franchise Franchising Customer Experience Fast Casual 181

Modern Restaurant Management

NOVEMBER 2, 2020

According to the ACSI’s new special COVID-19 restaurant study based on surveys collected from April 1, 2020 to September 30, 2020, customer satisfaction with fast food chains holds steady at 78 while, surprisingly, satisfaction climbs slightly with full-service restaurants, up 1.3 percent to a score of 80. Meeting Customer Expectations.

2020 219

2020 Mobile Ordering Hotels Food Safety 219

Modern Restaurant Management

MAY 27, 2020

PathSpot, creator of a real-time hand hygiene management system that protects against the threat and spread of illness with a hand scanner that tracks handwashing frequency and effectiveness, announced the closing of $6.5 ParTech and Revolution will not charge subscription software fees until 2021. PathSpot Secures Funding.

Food Safety 172

Food Safety Kitchen Safety Mobile Ordering Guest Recovery 172

Modern Restaurant Management

SEPTEMBER 10, 2021

Ike’s Love & Sandwiches is ranked #12 on Fast Casual’s Movers and Shakers 2021 list. Teriyaki Madness, the Denver-based purveyor of Seattle-style teriyaki bowls, signed 51 new franchise deals so far in 2021, grew revenue 15.6 12 when Keep It Real Meals will be available at participating BK restaurants nationwide.

Franchise 185

Franchise Franchising Food Fast Casual 185

Modern Restaurant Management

MARCH 13, 2020

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Ira Moreland, Managing Director of ICV, said, “We are very pleased to complete this transaction and are enthusiastic to deploy our expertise to help grow the Buffalo Wild Wings brand.

Franchise 138

Franchise Franchising Customer Experience Customer Service 138

Modern Restaurant Management

AUGUST 19, 2020

Modern Restaurat Management (MRM) magazine is collaborating with the team at MarketScale on The Main Course , a podcast that aims to explore the intense and competitive modern restaurant industry. "We Barbara Castiglia , MODERATOR – Modern Restaurant Management. They both went through a management training program.

Kitchen Safety 202

Kitchen Safety Loyalty Program Delivery Customer Service 202

Modern Restaurant Management

SEPTEMBER 15, 2020

SALIDO leverages design, data, and workflow management to optimize both front- and back-end operations. With the integration of both platforms, first-party orders made through Lunchbox will effortlessly feed into Ordermark’s platform to ensure that restaurants can manage both first-party and third-party orders from one location.

Fast Casual 155

Fast Casual Casual Menu Mobile Ordering 155

Modern Restaurant Management

JUNE 14, 2020

Subject to satisfaction of the conditions, completion is anticipated to occur in the first quarter of 2021. An easy-to-read dashboard provides managers verification in real-time that employees are following and performing all mandated measures and protocols. F&B Shared Workspace Opens. Increased Loyalty Program Participation.

Food Safety 162

Food Safety Loyalty Program Kitchen Safety Online Ordering 162

Modern Restaurant Management

MARCH 16, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features some surveys surrounding Coronavirus and the restaurant industry, the best locations for chefs, online payment fraud and top trends for QSRs. However, by 2021, nearly 50 million people will be using food delivery apps.

Mobile Ordering 117

Mobile Ordering Online Ordering Point of Sale POS 117