Modern Restaurant Management

FEBRUARY 27, 2023

Restaurant365’s State of the Industry Customer Survey shows that 60 percent of surveyed customers plan to expand their businesses in 2023 despite expected increased labor and food costs. Different restaurant models achieve a break-even or profitability point at varying times.

Cash Management 474

Cash Management Point of Sale Inventory Email Marketing 474

Modern Restaurant Management

JANUARY 25, 2023

Owners can use this information to develop an investor profile and put it to work identifying new leads in their networks. When fundraising, business owners should talk to a lot of people and keep track of them by logging each conversation’s talking points into a CRM, a database or even a simple Excel spreadsheet.

Point of Sale 519

Point of Sale Coaching Social Media Take-out 519

Modern Restaurant Management

MAY 15, 2023

Enhance Your Digital Presence Grubhub projects 40 percent of restaurant orders in 2023 will take place online. With the right partner, mobile ordering: Integrates seamlessly with your point of sale, enabling employees to focus on the guest experience, not managing delivery orders by phone or a separate app.

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Customer Experience Delivery Loyalty Program Mobile Ordering 493

Modern Restaurant Management

MAY 6, 2021

For some business types, at least 33 percent of 2019 gross receipts must have comprised on-site sales to the public. Eligible establishments have until March 11, 2023, to use the funds on qualified expenses. Eligible establishments include restaurants, food trucks, bars, breweries, wineries, and bakeries. Business mortgage obligations.

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Document 2019 Food Truck Point of Sale 493

Modern Restaurant Management

AUGUST 22, 2023

While it’s promising, it’s not the magic bullet to increase your revenue in 2023. The benefits of AI for restaurants are undeniable from automation, to real-time control and information analysis, to improved customer service. This might include correlation of social media posts, to reviews, to point of sale metrics.

Marketing 419

Marketing Social Media Point of Sale Customer Service 419

7 Shifts

APRIL 29, 2021

For more information about eligibility, how much you can get, and what the money can be used for, read our previous post: What the American Rescue Plan Means for Your Restaurant. The SBA suggests the following to prep ahead of applications opening: Verification for Tax Information: IRS Form 4506-T , completed and signed by Applicant.

Restaurant Law 370

Restaurant Law Document Brewery Point of Sale 370

Modern Restaurant Management

JANUARY 8, 2024

Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour. This trend reflects the growing popularity of drive-thru and fast-casual dining, coupled with the demand for digital technologies such as QSR digital signage and QR codes.

2024 539

2024 Loyalty Program Cash Management Customer Experience 539

Modern Restaurant Management

JUNE 30, 2023

Own Your Changes In March 2023, restaurants’ food prices were 8.8 One of Merriam-Webster’s definitions for orchestration is “to arrange or combine so as to achieve a desired or maximum effect.” Customer expectations are level set by their most advanced in-store and digital experiences.

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Operations Mobile Ordering Customer Experience Online Ordering 449

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. Walmart was going to allow us to reach those customers.”

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Retail Point of Sale 2023 Food Supply 308

Modern Restaurant Management

MAY 31, 2024

Sixty-three percent of adults have worked in the restaurant industry at some point in their lives. Sixty-three percent of adults have worked in the restaurant industry at some point in their lives. This is the first time on record that demand has reached this level two summers in a row.

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Online Ordering Ordering Hiring 2024 391

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. This involves them processing credit card details and handling other personally identifiable information, such as customers’ names, telephone numbers, and home addresses.

Cash Management 322

Cash Management Point of Sale Training Information 322

Modern Restaurant Management

JANUARY 2, 2024

We've reached a point where we're recognizing the value and limits of these technologies. And while automation and robotics can help streamline some elements of operations, in the wake of the COVID-19 pandemic, there's a newfound appreciation for human connection and dining experiences.

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2024 Fast Casual Food Safety Insurance 493

The Rail

DECEMBER 2, 2024

from 2023 to 2030. Comprehensive analytics dashboard for insights into customer preferences and sales trends. Conduct surveys or review customer feedback to pinpoint their preferences and pain points, such as menu options, delivery speed, or ease of ordering. If so, you’re not alone.

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Delivery Food Loyalty Program Food Order 147

EATER

SEPTEMBER 12, 2023

Johnson, Molly Baz, and more provide plenty of inspiration to return to the kitchen In France, this time of year is called “la rentrée,” a term that translates to both “the return” and “back to school.” This fall is no exception: There are dozens of excellent new cookbooks on the horizon, and choosing a mere 16 to spotlight was no easy task.

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2023 Book Point of Sale Take-out 363

7 Shifts

FEBRUARY 7, 2024

The first technologies that restaurants often invest in are cloud-based point of sale (POS) systems and payroll processing. Scheduling software like 7shifts can also pull data from your POS system to track labor against sales and get a more accurate picture of your labor cost— saving your restaurant money and time.

Technology 312

Technology Mobile Ordering Social Media Online Ordering 312

Perfect Daily Grind

NOVEMBER 4, 2022

Sucafina will offer IMPACT-verified shipments in early 2023, and plans to verify all of its direct supply chains by 2025. PRF to return to Colombia on 6 and 7 July 2023. Here are this week’s stories. Mon, 31 Oct. UKHospitality survey finds more than a third of UK hospitality businesses at risk of closure due to rising costs.

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2023 Hospitality 2022 Food Supply 167

Modern Restaurant Management

JUNE 27, 2023

In its 2023 State of the Industry report, the National Restaurant Association found that exactly half of all operators expect to be less profitable as compared with the previous year. Synthesizing that data into a single source of truth gives restaurant operators the information they need when they need it.

Operations 275

Operations Consumer Goods Point of Sale Seating 275

Lavu

NOVEMBER 29, 2024

Forecast Demand : Use sales data to predict future needs and order the right quantities. Integrate with POS Systems : Sync with sales data to refine menu choices and track high-waste items. By analyzing past sales and market trends, these tools provide accurate demand forecasts.

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Waste Inventory Food Point of Sale 78

Lavu

MARCH 13, 2025

POS systems do more than handle payments they utilize POS data to help restaurants analyze and manage seasonal sales trends. Plan Inventory : Track sales velocity to stock up on popular items while avoiding overstocking. Monitor Key Metrics : Track sales, customer visits, and average ticket sizes to make data-driven decisions.

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POS Seasonal Menu Point of Sale Inventory 78

7 Shifts

FEBRUARY 8, 2024

The ripple effects of the pandemic continue: the National Restaurant Association finds that off-premises dining continues to happen much more frequently than before, with 66% of consumers more likely to order takeout in 2023 than they were before the pandemic. Try 7shifts for free.

Management 367

Management Management Operations Mobile Ordering 367

7 Shifts

FEBRUARY 8, 2024

The ripple effects of the pandemic continue: the National Restaurant Association finds that off-premises dining continues to happen much more frequently than before, with 66% of consumers more likely to order takeout in 2023 than they were before the pandemic. Try 7shifts for free.

Management 352

Management Management Operations Mobile Ordering 352

7 Shifts

OCTOBER 20, 2022

Disclaimer: The information in this article is general in nature and businesses should consider whether the information is appropriate to their needs. It's a constant conversation in the restaurant industry. But one can't deny that tips make up a majority of restaurant workers' take-home pay. Table of Contents. Tip Pooling Laws.

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Modern Restaurant Management

DECEMBER 16, 2019

Topline numbers show robust restaurant sales growth during November. Same-store sales growth was 1.6 percent in November, which represents the third consecutive month of positive sales growth and the strongest since January. Thanksgiving typically represents lower sales volumes for most industry segments.

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2019 Compost Mobile Ordering Online Ordering 322

Lavu

MARCH 17, 2025

The food cost formula is a key metric used in the restaurant industry to determine how much a business spends on ingredients compared to its revenue from food sales. Calculating Food Cost Percentage Basic Food Cost Formula To keep your restaurant profitable, you need to know this formula: (Cost of Goods Sold / Total Food Sales) x 100.

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Food Waste Seasonal Menu Inventory 78

Open for Business

JANUARY 26, 2023

Even the most creative restaurant promotion ideas won’t increase sales if they’re poorly planned and executed. Before launching any new menu promotion idea, it’s a good idea to go back to basics and get clear a few basic points first. The trick is making sure the tactic boosts sales instead of cutting into revenue.

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Modern Restaurant Management

JUNE 12, 2020

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. The safety of Dunkin’ franchisees, their restaurant employees, and guests remains a top priority.

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Franchise Franchising Food Safety Kitchen Safety 420

7 Shifts

DECEMBER 21, 2022

And we're proud to say we've addressed those pain points with the 2022 release of Automated Tip Pooling ! As the holiday season approaches and we put a bow on the year, we wanted to look back at all the ways we've worked to help 7shifts users simplify team management and improve their restaurant performance in 2022. New Features in 7shifts.

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2022 Certification Document Point of Sale 195

EATER

MARCH 1, 2021

Because I am Chinese-Malaysian (then a rarity in the industry), many customers assumed our product was of Asian origin, and I endured racist comments about its price point, taste, and provenance; many retailers and customers found tibicos hard to pronounce and asked why we didn’t call it by its more commonly used name, water kefir.

Food 345

Food Social Media Workshop Point of Sale 345

Sling

JULY 24, 2023

Some of these apps are designed to solve specific problems, like shift scheduling or point of sale , while others boast all-in-one suites for every aspect of restaurant management. You can view data on labor costs versus sales over time to make intelligent decisions on how many staff you’ll need clocked in at different times.

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2023 Management Management Tip Distribution 78

Open for Business

JULY 7, 2023

They want to feel like welcome guests again, wrapped in the kind of warm, competent hospitality they fantasized about while the pandemic took it all away,” wrote Kim Severson in a New York Times article on the subject of hospitality in 2023. The definition of the word hospitality can change depending on context.

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Hospitality 2023 Front of House Social Media 78

SpotOn

MARCH 19, 2024

In 2023, SpotOn debuted both Seat & Send , a first-of-its-kind waitlist feature, and a suite of new, maximally flexible hardware to help keep its clients competitive in an industry facing rising food and labor costs with already razor-thin margins. SAN FRANCISCO, Calif., The three new devices, a 15.6”

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2024 Innovation Email Marketing Point of Sale 98

Delaget

JANUARY 8, 2025

Additional information about the acquisition is available in PARs Current Report on Form 8-K filed with the Securities and Exchange Commission today, January 2, 2025. The transaction closed on December 31, 2024.

Technology 52

Technology Cash Management 2001 2025 52

Qu

OCTOBER 17, 2024

While a modern KDS is a solid starting point, adopting a holistic kitchen management system will take your operations even further. billion in 2023 1. Enhance order accuracy Sixty-four percent of brands surveyed say that order accuracy is mediocre or weak, which has a direct impact on guest satisfaction. The best part?

Food Order 52

Food Order Waste Technology BOH 52

Black Box Intelligence

APRIL 12, 2023

As we venture deeper into 2023, the restaurant industry continues to grapple with impacts of inflation, shifting customer dynamics, and an uncertain economic outlook. And although prices are expected to continue to grow more slowly in 2023 than in 2022, price growth is still projected to be above historical-average rates. and rose 7.2%

Food 98

Food 2023 Loyalty Program 2022 98

Sling

JULY 31, 2023

Bar software applications can be a game-changer. Today, we’ll be summarizing the features of several different bar software apps that have the potential to make a positive difference for your bar or brewpub. 1) Sling Sling is an all-in-one platform for staying on top of everything related to employee scheduling, time tracking, and communication.

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2023 Bar Management Management 78

7 Shifts

MARCH 29, 2023

He joined us on the Pre-Shift podcast to chat about bartaco's embrace of tech, their unique approach to training and career development, radical wage structure, and how all of those practices have them poised for growth in 2023. And now we're starting to get a little bit more of the purpose-driven, of 'what do you stand for?

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Front of House Back of House Tip Distribution Coaching 195

7 Shifts

JUNE 16, 2024

million worldwide, and in 2023, there were about 749,404 restaurants in the United States alone. Set measurable goals: Establish specific and clear objectives, such as increasing sales, growing your social media presence, or garnering positive online reviews. Aside from stamps or stickers, a points system could also work well.

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Marketing 2024 Email Marketing Social Media 195