Modern Restaurant Management

NOVEMBER 24, 2020

Restaurant owners are being forced to find a way to make it through winter with vastly reduced revenue, and many operators are scrambling to reallocate budgets and manage staffing to survive COVID-19. Managing cash flow can be difficult for seasonal businesses. Does your dining room layout need a social distance inspired layout?

Cash Management 576

Cash Management Social Media Seasonal Menu Food Truck 576

Modern Restaurant Management

DECEMBER 21, 2020

Independent restaurants and chains alike will finally make the management of local marketing channels a priority. Digital advertising will become high priority. Digital channels may be a convenient benefit, but if every restaurant offers the standard digital channels, those digital channels will not be unique to any one brand.

2021 478

2021 Online Ordering Email Marketing Advertising 478

Modern Restaurant Management

OCTOBER 2, 2024

If everyone is advertising “value,” is it really value? Value deals have trained customers to spend less, so reversing this effect won’t be an immediate fix. For example, we’re seeing the value trend call for a wider need within the QSR industry for cash kiosks.

Loyalty Program 449

Loyalty Program Mobile Ordering Coupons Customer Experience 449

Modern Restaurant Management

APRIL 2, 2020

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. Checklist app automates daily food safety and operational task management as well as regular maintenance and audit procedures. ” The BOHA!

Employee Relations 516

Employee Relations Healthcare Online Ordering Customer Service 516

7 Shifts

AUGUST 18, 2024

Specialty bars focus on a particular type of drink or theme, such as wine bars or cigar bars, but can be much more expensive to manage. Hiring a Strong Team You'll need a manager, bartenders, waiters, and security. Recommended Reading: 22 Advertising Ideas Driving Guests To Tables 14. End with a launch party!

Bar 370

Bar License Email Marketing Customer Service 370

7 Shifts

AUGUST 18, 2024

But the challenges don’t stop there—once open you have to focus on improving processes, managing labor schedules, and controlling restaurant costs. Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. This is only a guideline.

License 370

License Equipment POS Food Supply 370

7 Shifts

NOVEMBER 26, 2019

million Some franchisors even require aspiring franchisees to have hundreds of thousands of dollars of cash on hand, which runs the bill up even more. of weekly gross sales for franchise royalties and advertising. In addition to these one-time opening investments, franchisees regularly pay fees based on sales and operating costs.

Franchising 369

Franchising Franchise Restaurant Law 2015 369

Modern Restaurant Management

NOVEMBER 14, 2019

Modern Restaurant Management (MRM) magazine quizzed Anderson and Sr. In the beginning we had a huge commitment to training. We had leadership from the heart program, Hog Heaven University, a certified Pitmaster program and a train the trainer program. You used to have to hire an advertising agency to market to your customers.

Social Media 361

Social Media Advertising Technology Dine-in 361

7 Shifts

AUGUST 2, 2024

By tracking metrics like customer retention and employee turnover rate, contribution margin, and menu item profitability, restaurant managers can identify each area’s strengths and what areas need improvement. Use this data to establish clear and specific goals and adjust your strategies as needed.

Point of Sale 397

Point of Sale Inventory Seasonal Menu Cash Management 397

Indoor Media

JULY 29, 2020

This coupon advertising program is available for all types of businesses – big and small. Groupon’s coupon advertising platform is easy to set up and manage. When it comes to coupon advertising, there is only ONE way to get a return on your investment. Managing your campaign is the hard part. What is Groupon?

Coupons 154

Coupons Advertising Website Management Small Business 154

Modern Restaurant Management

FEBRUARY 18, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry movers and shakers: "What do you feel is going to cause disruption in the restaurant industry over the next decade?” In addition to improving the guest experience, technology also makes it easier for restaurants to manage their operations.

Mobile Ordering 539

Mobile Ordering Front of House Customer Service Customer Experience 539

7 Shifts

MAY 23, 2024

Managing a restaurant is not for the faint-hearted. A restaurant budget allows restaurant owners and managers to see directly if they are meeting their income and expense benchmarks. Promotes proactive decision-making Restaurant owners and managers must adapt quickly to be successful and retain their competitive advantage.

Point of Sale 221

Point of Sale Seasonal Menu Food Supply Employee Relations 221

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., ” Grimstad is currently the chief manager of C. Brands, Inc. has agreed to acquire The Habit Restaurants, Inc., Las Olas Blvd.

Fast Casual 282

Fast Casual Online Ordering Customer Service Employee Relations 282

7 Shifts

JULY 1, 2024

Your business name will also appear on your marketing materials, staff uniforms, menu, social media accounts, and advertisements, so make sure it isn't too long or complicated. It also has other functions, such as manufacturing and importing tobacco and advertising and labeling alcohol. Payment terms: Can you pay in installments?

Bar 221

Bar License Food Supply Restaurant Law 221

Perfect Daily Grind

AUGUST 30, 2022

Since then, coffee has been a major cash crop for Tanzania. Furthermore, low coffee prices have forced some farmers in the Northern Highlands to uproot their coffee plants and replace them with more profitable cash crops. Neumann Stifung , a non-profit organisation, provides training to young people between the ages of 15 and 35.

Education 187

Education Government Agriculture Cash Management 187

7 Shifts

SEPTEMBER 19, 2022

What about managers? Track and manage employee workload. What about managers? Managers fared a bit better than hourly employees—with a turnover rate of 28%. Among the over 25 sets, manager recognition (or lack thereof) was one of the top three reasons they left restaurant jobs. Back-of-House and Front-of-House.

Front of House 195

Front of House Back of House Cash Management Customer Experience 195

Modern Restaurant Management

DECEMBER 12, 2019

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Erik Mallon will serve as Senior Director of Franchise Development, and Jim Hicks assumes the role of Director of Operational Services and Training. More Tropical in Colorado.

Franchising 275

Franchising Franchise Loyalty Program Book 275

ChowNow

SEPTEMBER 9, 2024

After perfecting your menu, contracting suppliers and training staff to prepare and serve the food, how do you actually get customers in your door? Based upon your business’s cash flow, decide how much money you’re able to set aside for marketing efforts each month, quarter or year.

Marketing 195

Marketing Email Marketing Social Media Loyalty Program 195

7 Shifts

JULY 25, 2024

You can then accept cash payments upon delivery, which is helpful for local restaurants with limited budgets. Additionally, catering large events can help you manage your inventory more efficiently, reducing food waste and maximizing profit. Combos also help manage inventory and cut down on food waste.

2024 243

2024 Loyalty Program Point of Sale Online Ordering 243

Sling

SEPTEMBER 13, 2022

Effective retail management requires a vast array of skills. In a broad sense, those skills boil down to managing your time, managing your staff, managing their training, and managing change. Retail management 101 Master these skills one at a time. Retail management 101. Let’s dive in!

Retail 144

Retail Management Management Point of Sale 144

Lavu

MAY 30, 2025

You need to carefully manage your spending and reduce restaurant overhead costs whenever you can. Most restaurants have regular overhead costs in the following categories: Rent Utilities Advertising Equipment costs Services fees Salaries Hiring and training Knowing your expenses is the first step to cutting expenses.

Cash Management 78

Cash Management Online Ordering Waste Employee Relations 78

BNG Point of Sale

JANUARY 19, 2021

What Are The Benefits Of a Restaurant Management System? Cash registers are still part of the equation, but today’s systems allow for greater flexibility in order taking and back-end organization and improved sales analytics. As a business, you still need a cash register, and every point-of-sale system will include one.

POS 98

POS Cash Management Mobile Ordering Point of Sale 98

Bar and Restaurant Coach

MARCH 2, 2020

In earlier posts, here and here , we talked about the importance of effective communication, and how owners and managers can create great alignment within their businesses to make sure the whole team is on the same page—pushing for the same goals. How long is the training program? ( Management Focus. 1 bar manager.

Coaching 75

Coaching Employee Relations Hiring Document 75

Black Box Intelligence

AUGUST 5, 2021

To reduce hourly employee churn , implement training programs that make them feel prepared for work, demonstrate that you’re serious about following COVID-19 guidance and offer compensation and incentives to make your business more competitive. Offer growth opportunities, recognition and development training. What is the expected pay?

Recruiting 102

Recruiting 2021 Management Management 102

The Restaurant Times

NOVEMBER 30, 2020

Evaluate cash flow for the first year and calculate the five-year-return to the franchise. Supply Chain Management. Vendor Management. Payouts and Commission Management. Staff Training. Managing the business of multiple Franchise Restaurants can be a daunting task. Cash Flow And Financial Projection.

Franchising 52

Franchising Franchise Cash Management License 52

Restaurant365

OCTOBER 14, 2020

Balancing cash flow month to month, let alone year to year, can be difficult for the ever-changing restaurant industry. As a restaurant owner or manager, you can use a budget to understand your income and expenses, and at what levels you will profit, break even, or operate at a loss. And yet, in times of uncertainty, like the COVID-19.

Point of Sale 78

Point of Sale Email Marketing Advertising Cash Management 78

Black Box Intelligence

AUGUST 5, 2021

To reduce hourly employee churn , implement training programs that make them feel prepared for work, demonstrate that you’re serious about following COVID-19 guidance and offer compensation and incentives to make your business more competitive. Offer growth opportunities, recognition and development training. What is the expected pay?

Recruiting 98

Recruiting 2021 Management Management 98

The Restaurant Times

MAY 25, 2021

Management Team: This should include the list of stakeholders involved in the management of your cafe such as owner, manager, Head Chef, etc. Training The Employees: Once you have the right employees, the main task is to train them. Training must also consist of crisis and disaster management techniques. .

Cash Management 52

Cash Management Employee Relations Email Marketing Point of Sale 52

The Restaurant Group

SEPTEMBER 17, 2024

Adjusting the restaurant’s inventory management and pricing strategy can help eliminate unnecessary expenses. Track your business expenses closely and monitor your cash flow to protect your restaurant’s finances. If your restaurant is struggling, it’s time to consider cost-efficiency methods.

Social Media 78

Social Media Cash Management Customer Service Customer Experience 78

Touch Bistro

JULY 4, 2021

Promote job ads online, work with restaurant staffing agencies in your area, and advertise through local schools and community centers. If a staff member refers a friend, and that friend gets hired and stays for more than three months, then the referring employee gets a cash bonus on their paycheck or another type of incentive.

2021 98

2021 Employee Relations Hiring Recruiting 98

The Restaurant Times

JUNE 1, 2022

Invest in software like POS that should have the following features essential to maintain the restaurant accounting system: Inventory Management: You can use robust software such as POS for inventory management. Payroll Management: Restaurant payroll can be complicated because staff work at different times. Account payable.

Operations 52

Operations Cash Management Employee Relations POS 52

Sling

JULY 1, 2023

5) Pick a great location When you’ve got cash in hand, it’s time to take the next step and find the spot that will soon turn into your restaurant. 9) Hire and train the right people It can be difficult to run a restaurant alone. Once you’ve hired a great team, you can take advantage of the Sling app to help manage everyone.

Fine Dining 78

Fine Dining Cash Management Restaurant Law Consumer Goods 78

Open for Business

OCTOBER 20, 2023

Don’t forget to detail marketing strategies, which could range from social media advertising to partnerships with local businesses. Craft a comprehensive financial blueprint to manage your restaurant’s expenses. Training is non-negotiable. Inventory management Don’t overlook inventory management systems.

License 78

License Front of House Email Marketing Social Media 78

Restaurant365

MARCH 30, 2020

Completing staff training. Without payment processing capabilities, you will need to process transactions over the phone, which can be a costly security risk, or through cash, which is now a health risk [more on this in the accounting section below]. Expanding “off-premise” insurance coverage.

Delivery 78

Delivery Operations Insurance Cash Management 78

Touch Bistro

JULY 18, 2021

Learn how to hire, train, schedule, and retain restaurant staff. You end up spending both time and money training new staff that may have a shorter shelf life than that case of tilapia you ordered last week. For those with 120 seats or more, 51% of restaurants train their kitchen staff for more than 12 hours. Download Now.

Back of House 52

Back of House 2021 Front of House Cash Management 52

The Restaurant Times

NOVEMBER 30, 2020

Staff Hiring and Training. With several categories of personnel required in a restaurant business such as managers, cooks, servers, dishwashers, hosts, etc., hiring and training them is critical. Restaurant consulting firms can help standalone restaurants in Saudi Arabia hire restaurant staff efficiently and train them.

Hiring 59

Hiring Design Customer Service Cash Management 59

The Restaurant Times

FEBRUARY 22, 2022

You’ll need to understand how to advertise your business, how to acquire clients, and how to keep their trust and interest in what you have to offer. Be certain that the cash you have set aside to cover startup costs is sufficient before you embark on it. Kitchen Management .

Hiring 52

Hiring Food Kitchen Safety Food Safety 52