article thumbnail

Maximizing Restaurant Profits by Routing Out Hidden Financial Risks: A Technology-Based Approach

Modern Restaurant Management

Technologies such as the Internet of Things (IoT) can help them maximize 2023 financials by: Offering a better experience to diners and employees Increasing efficiencies and lowering expenses These technologies empower restaurants in various ways—from automating tasks to identifying emerging risks.

article thumbnail

Your Guide to the 2024 National Restaurant Association Show

SpotOn

Brands, Zaxby's (2023 Attendees) 22% - Non-Commercial Businesses Aramark, Association of Correctional Food Service Affiliates, Centerplate, Compass, Cornell Univerisity, Dayton Children's Hospital, Deleware North Companies, Inc., Navy (2023 Attendees) 15% - Dealers and Distributors Boelter, Clark Association Inc.,

2024 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Optimize Staff and Resources with Pre-Made Food Products

Modern Restaurant Management

The sudden demand surge is often more than suppliers can handle, leaving many restaurant and c-store operators without staple ingredients. Between coping with erratic availability, inflated prices, and a widespread labor crisis, operators need to make strategic decisions about the ingredients they use.

Food 161
article thumbnail

Restaurant Bookkeeping: Comprehensive Guide to Master Bookkeeping

7 Shifts

After all, a small, honest mistake can accumulate over time and turn into bigger operational problems— 17% of restaurants even fail in their first year due to mismanagement of finances. In fact, in 2023, the average restaurant profit margin fell between 3 to 5%.

article thumbnail

The Starbucks Union Claims the Company Is Taking Down Pride Decorations

EATER

[link] — OKC Starbucks Workers United (@okcsbxunited) June 13, 2023 happy pride month from state street, today starbucks made our store take down all of our pride decorations! The union has started a petition to director of regional operations Brigitte Herbert, demanding store partners be allowed to decorate for Pride.

article thumbnail

You may never eat inside a fast food restaurant again

EATER

Sweetgreen has also launched a few locations without seating , including its first digital-order-only, pick-up-only location in DC in late 2022; it will open two fully automated restaurants in 2023. In a time before a uniform health code, the mechanization and consistency of fast food was a comfort, says Chandler.

article thumbnail

How Restaurants in Saudi Arabia can Define and Adhere to World-Class Service Standards

The Restaurant Times

through 2018- 2023. Standardized procedures help restaurant operators ensure consistency in service, which in turn helps you generate customer loyalty. Hence, restaurant operators in Saudi Arabia must have a restaurant operations manual in place that documents the entire service standards. .