Modern Restaurant Management

JANUARY 10, 2023

Given its success rate, 52 percent of TikTok marketers surveyed plan to spend more money on the platform in 2023. Modern Restaurant Management (MRM) magazine asked Burke to offer additional insights on how restaurants can best use Tik Tok in their marketing efforts. ” said Molly Burke, senior retail analyst at Capterra.

Marketing 531

Marketing Social Media Small Business Cash Management 531

Modern Restaurant Management

NOVEMBER 4, 2024

This kind of volatility is a strong sign that cash flow is tight and the company is having trouble making on-time payments." " Bhalla also told Modern Restaurant Management (MRM) magazine that outstanding bills have been falling into the past due category for the last 12 months. " percent year-over-year.

2024 221

2024 Point of Sale Franchise Franchising 221

Modern Restaurant Management

JANUARY 13, 2023

In this column, Modern Restaurant Management (MRM) magazine looks at newly introduced menu items from top brands. Prizes range from discounts off a meal, free pizza for a year, a trip for two to California and cash prizes from $500 to $50,000. Each envelope contains a secret prize, redeemable on a future visit.

2023 251

2023 Menu Back of House Seasonal Menu 251

Modern Restaurant Management

MARCH 11, 2025

That led to an employee shortage, especially for high-quality and experienced management positions. People appreciate contactless service and it has become the new norm to order differently than at the front counter of a restaurant with an employee at a cash register. Technology has become a solution in staffing as well. .

Front of House 221

Front of House Loyalty Program Recruiting Customer Experience 221

Modern Restaurant Management

MAY 5, 2023

In 2023, it is estimated that 87 million Americans will dine out on Mother’s Day. This type of technology-aided self-service speeds up things in the kitchen, and is not subject to misunderstandings between customers and cash operators, all while reducing the burden on the staff and the waiting time for customers.

Mobile Ordering 419

Mobile Ordering Online Ordering Customer Service Customer Experience 419

EATER

JULY 1, 2024

. | FX Elliott shadowed a restaurant manager at a Pasadena, California location of Houston’s to prepare for playing Natalie Berzatto The below contains plot details from Season 3 of The Bear. She sees him off to his new life as a chef in New York and offers him a little bit of cash to get started.

Management 289

Management Management White Paper Cash Management 289

Modern Restaurant Management

DECEMBER 19, 2023

The recovery in the restaurant industry means that restaurant owners looking to sell their business in 2020, but couldn’t due to the pandemic economy plummeting restaurant values can finally sell in 2023. However, high-interest rates are pushing some prospective buyers out of the market who can’t pay with cash.

Marketing 251

Marketing Cash Management 2024 2023 251

The Rail

DECEMBER 2, 2024

from 2023 to 2030. Platform-to-Consumer : Where platforms like Uber Eats or Zomato connect customers to restaurants but manage delivery. credit cards, digital wallets, cash on delivery). Admin Panel : Order management system to track and manage orders in real time. The numbers speak for themselves.

Delivery 147

Delivery Food Loyalty Program Food Order 147

Modern Restaurant Management

NOVEMBER 27, 2024

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of Drinksgiving and Thanksgiving trends, FSR challenges, and "out-of-the-box" dining habits. Tech Adoption 65 percent of restaurants adopted new technology to manage labor, though 27 percent still use manual scheduling.

2025 221

2025 Loyalty Program 2024 Back of House 221

Modern Restaurant Management

AUGUST 16, 2023

However, given the current circumstances surrounding the COVID-19 pandemic, economic instability and impending recession in 2023 , traditional norms are shattered. Gone are the days of cash-only transactions. The food industry has been historically slow to integrate technology and digital solutions.

Loyalty Program 419

Loyalty Program Mobile Ordering Dietary Restrictions Customer Experience 419

Modern Restaurant Management

APRIL 7, 2023

A 2020 Harvard Business School study reported that 74 percent of businesses do not have the cash on hand to cover an equipment-related expense. JPMorgan Chase found the median small business holds 27 cash buffer days in reserve. The restaurant industry falls behind the median with an average of only 16 cash buffer days.

Cash Management 251

Cash Management Equipment Front of House Small Business 251

Modern Restaurant Management

JANUARY 31, 2025

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of dramatic Valentine's Day shift, best food scenes, and the evolution of c-store foodservice. The focus on offering a wider variety of prepared and ready-to-eat food items is clearly paying off, as c-stores registered record sales in 2023.

Marketing 221

Marketing Loyalty Program 2024 2025 221

Modern Restaurant Management

AUGUST 9, 2024

Here are some significant data insights she shared with Modern Restaurant Management (MRM) magazine. When late payments are such a common occurrence in a company and over a prolonged period (12+ months), it’s usually an indicator of cash flow problems, which are often exacerbated by high debt, increasing expenses and declining sales."

2024 251

2024 Cash Management 2023 Magazine 251

Modern Restaurant Management

MARCH 14, 2024

They've also shared about shifts and growth in the pizza industry and three ways to increase a pizzeria or pizza chain’s cash flow. Ways to Increase Cash Flow Pay attention to internal issues and delivery orders – especially during peak hours. percent from 2022 to 2023, and in 2023, pizzerias made up 5.84

Online Ordering 275

Online Ordering Cash Management 2023 Inventory 275

7 Shifts

MAY 15, 2023

Restaurant payroll is a system for calculating and managing the salaries of employees in a restaurant. Employers need to track hours, calculate wages, manage shift schedules , and maintain employee records. This schedule can be difficult to run manually for managers with more than a handful of employees.

2023 195

2023 Tip Distribution Audits Restaurant Law 195

EATER

AUGUST 20, 2024

In 2023 alone, Walmart sold more than $264 billion in groceries, more than double the sales of its two closest competitors combined. By 2023, after Fly By Jing had grown, solidifying its supply chain and hiring more employees, Gao had decided she was ready for Walmart.

Retail 316

Retail Point of Sale Food Supply 2023 316

EATER

APRIL 10, 2024

It was a wild, expensive, and ultimately impractical idea, and in early 2023 Wonder ditched the vans in favor of brick-and-mortar locations, the first opened in February 2023 on Manhattan’s Upper West Side. Wonder has managed to raise a whopping $1.5 Customers place orders on the Wonder app for delivery or pick-up. Wonder’s $1.5

Delivery 356

Delivery Cash Management Point of Sale Back of House 356

Modern Restaurant Management

SEPTEMBER 25, 2023

In the US alone, restaurant sales are forecast to hit $997 billion during 2023, according to the latest National Statistics. The rate of people moving away from using cash is rising steadily. In 2018, 29 percent of Americans reported that they made no cash purchases in a typical week; by 2022, that figure had risen to 41 percemt.

Cash Management 322

Cash Management Point of Sale Training Information 322

Modern Restaurant Management

MARCH 15, 2023

Dynamic pricing would add friction to the guest experience, according to Capterra’s 2023 Dynamic Pricing in Restaurants. Modern Restaurant Management (MRM) magazine asked Molly Burke, senior restaurant analyst, Capterra, for additional insights on the survey results. In reality, dynamic pricing is far from a silver bullet.

Pricing 497

Pricing Consumer Goods Customer Experience Food Order 497

Perfect Daily Grind

JANUARY 27, 2023

Alliance for Coffee Excellence announces 2023 auction dates. The 2023 auction line up includes 13 Cup of Excellence auctions, four Private Collection auctions, and one Pilot Project. Growing Coffee in the Face of Climate Change to air on YouTube on 8 February 2023. The agency also expects the 2023/24 harvest season to hit 54.9

2023 158

2023 2022 Events Certification 158

EATER

JUNE 28, 2024

Like the rest of Anchor Steam’s unionized workforce, Costello had lost his job in August 2023, when Sapporo USA, which had purchased the San Francisco brewery in 2017, announced plans to liquidate the business. Surely many of us have fantasized about what good we’d do with such an astronomical amount of cash. percent by volume in 2023.”

Brewery 353

Brewery Back of House Food Safety Consumer Goods 353

7 Shifts

JULY 13, 2023

Restaurant transactions have been moving away from cash and towards electronic forms of payment for years—and that's extending to tips now too. Americans who leave their tips digitally tip nearly 15% more than when they tip with cash. However, more digital tips means less cash passing through the restaurant on a daily basis.

Cash Management 195

Cash Management Back of House Training Management 195

7 Shifts

OCTOBER 20, 2022

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. Managers that have the authority to fire employees cannot be included.

Tip Distribution 195

Tip Distribution Restaurant Law 2023 Cash Management 195

7 Shifts

JANUARY 9, 2024

A modern restaurant management system can help with compliance. If the restaurant management chooses to pay some or all of the service charge out to staff, that money counts as taxable wages, not tipped income. Managers, supervisors, and employers can’t receive funds from tip pools either. Let’s look at an example.

Restaurant Law 221

Restaurant Law Cash Management Tip Distribution 2024 221

Restaurant Business

JUNE 5, 2023

Money management: A key to successful business Knowing how to best manage incoming and outgoing money is essential for any business. They can take a close look at a business and uncover specific ways to improve how owners can manage money. Credit cards also allow businesses to hold onto their money longer, improving cash flow.

Cash Management 239

Cash Management Small Business 2023 Equipment 239

7 Shifts

MAY 1, 2024

Table of Contents 5 easy steps to simplify bookkeeping in the restaurant industry Essential accounting and bookkeeping reports for restaurant owners and managers Identifying and reducing controllable costs in the restaurant business Should I outsource restaurant bookkeeping or do it myself?

Cash Management 221

Cash Management Employee Relations Inventory Beverage 221

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. by the end of 2023 and surpassing pre-pandemic levels.*

Cash Management 221

Cash Management Government 2023 2020 221

7 Shifts

JANUARY 5, 2024

New York also allows employers to claim a tip credit , reducing the cash wage requirement by one-third of the minimum wage. As the minimum wage continues to rise in New York State, the cash wage is likely to rise proportionally at two-thirds the full minimum wage. However, its tip credit is actually lower than New Jersey’s.

Restaurant Law 195

Restaurant Law Cash Management Tip Distribution Employee Relations 195

7 Shifts

JANUARY 9, 2024

A modern restaurant management system can help with compliance. If the restaurant management chooses to pay some or all of the service charge out to staff, that money counts as taxable wages, not tipped income. Managers, supervisors, and employers can’t receive funds from tip pools either. Let’s look at an example.

Restaurant Law 195

Restaurant Law Cash Management Tip Distribution 2024 195

7 Shifts

JANUARY 5, 2024

New York also allows employers to claim a tip credit , reducing the cash wage requirement by one-third of the minimum wage. As the minimum wage continues to rise in New York State, the cash wage is likely to rise proportionally at two-thirds the full minimum wage. However, its tip credit is actually lower than New Jersey’s.

Restaurant Law 195

Restaurant Law Cash Management Tip Distribution Employee Relations 195

EATER

OCTOBER 1, 2024

Professional chefs and amateur cooks compete for Arkansas pride in the annual World Champion Squirrel Cook Off As the kitchen manager at the Odd Soul , a pizzeria and bar in Springdale, Arkansas, Addie Hayes is used to spending Saturday mornings in front of a stove. But today, she’s a little out of her element. It’s sort of basic.”

Events 336

Events Outdoor Cash Management Presentation 336

Perfect Daily Grind

FEBRUARY 17, 2023

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. Applications are open until 1 July 2023 and the application form is here. Along with the closure of 53 stores in the country, Tim Hortons suggests rising inflation could impact the business in 2023.

2022 166

2022 2023 Cash Management Food Supply 166

EATER

DECEMBER 8, 2023

The company, well aware of the intense affection its specialty bottles have generated ever since, has fully cashed in on collectors’ enthusiasm. Since its debut, Kikkoman’s soy sauce dispenser has managed to capture that feeling with every generation. production plant.

Design 345

Design Food Supply 2001 Employee Relations 345

7 Shifts

OCTOBER 30, 2023

But restaurant owners, managers, and employees need to be aware of the labor laws and protections in place in the Sunshine State, like Florida’s unique approach to the minimum wage— which is steadily on the rise. The Florida Restaurant & Lodging Association reports that as of September 30, 2023, Florida’s minimum wage is $12.00

Restaurant Law 221

Restaurant Law Certification Food Safety Cash Management 221

EATER

MAY 23, 2022

In 2021, Carmellini imported outposts of his acclaimed New York restaurants Carne Mare and the Dutch , and Starr announced in April that he would bring vaunted New York brasserie Pastis to a location near Downtown in 2023. metro area in 2021 , and restaurateurs aren’t the only ones looking to cash in on the boom.

Hotels 264

Hotels Fine Dining 2021 Tourism 264

EATER

FEBRUARY 26, 2024

It’s where you go when you’re freshly flush with cash from your first teenage job and want to feel fancy with your friends as you try to figure out how the hell to pronounce “Emmentaler.” We still want to own celebrations,” says Scott Martin, a regional general manager for the Chapmans’ Melting Pot locations. “We

Dine-in 321

Dine-in Customer Experience Specials Cash Management 321

Lavu

MARCH 13, 2025

POS systems do more than handle payments they utilize POS data to help restaurants analyze and manage seasonal sales trends. This allows restaurants to make smarter decisions, like adjusting staff shifts, managing inventory, and setting financial goals. This keeps your shelves stocked without tying up too much cash in inventory.

POS 78

POS Seasonal Menu Point of Sale Inventory 78