7 Shifts

NOVEMBER 22, 2021

It also requires money to open a restaurant and build it out, buy equipment and finance the operation until it reaches break-even. In this article, you'll learn how to get a business loan for your restaurant so you can make your dream of starting or growing your restaurant a reality. Find other business plan resources from GrowThink.

Document 393

Document Small Business Cash Management Take-out 393

Perfect Daily Grind

JUNE 1, 2025

You may also like our article on why roasters and coffee shops need to strategise menu pricing. Business operators have to quickly adapt to find new ways of managing cash flow and tight profit margins while maintaining, or ideally improving, the quality and diversity of their offerings.

Point of Sale 91

Point of Sale Pricing Equipment Café 91

Modern Restaurant Management

MARCH 31, 2020

In this article, we'll look at why cybersecurity is important in the restaurant business, and how you can protect yourself from cyber attack. A few months back, several Tim Hortons locations were forced to shut down after a computer virus infected cash registers at more than 1000 stores. Prepare For The Worst.

Website Management 510

Website Management Retail Small Business Online Ordering 510

7 Shifts

AUGUST 18, 2024

Equipment : What equipment will you need? 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. Sourcing the Right Equipment Your budget, target market, and concept will dictate your equipment needs.

Bar 370

Bar License Email Marketing Customer Service 370

7 Shifts

APRIL 3, 2020

Please note thought: this article is meant to provide information only and is not a substitute for any professional advice you may receive from an accountant, lawyer, HR, or other professional. Download all the data from your restaurant POS or back-office management platform to get a sense of how your restaurant is operating today.

BOH 368

BOH POS Influencer Point of Sale 368

Modern Restaurant Management

MAY 5, 2023

In this article, we’ll look at how payments technology has evolved over the last few years and became an important ally for restaurants that want to level up their customer experience and their revenue while handling the busiest days of the year.

Mobile Ordering 419

Mobile Ordering Online Ordering Customer Service Customer Experience 419

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. This year’s Neighborhood to Nation Contest will double the number of winners to award 20 prizes of $5,000 in cash along with a robust marketing package.

Food Safety 527

Food Safety Mobile Ordering Online Ordering Kitchen Safety 527

Perfect Daily Grind

MAY 28, 2025

Rising costs for green coffee, energy, shipping, labour, and equipment are placing significant pressure on businesses. You may also like our article on why price volatility means roasters’ priorities are shifting. Many are also managing their inventory more tightly to help manage cash flow.” So far, it has worked.”

Retail 80

Retail Pricing Café Consumer Goods 80

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 517

Employee Relations Healthcare Online Ordering Customer Service 517

Lavu

JUNE 13, 2025

This article breaks down the top seven benefits of going cashless and how making the switch can boost efficiency and profitability in your restaurant. Of course, it’s essential for most businesses to accept cash payments in some situations. In 2025, staying competitive means embracing digital payment trends. You read that right.

2025 78

2025 Cash Management Mobile Ordering Point of Sale 78

EATER

JUNE 28, 2024

Costello says for a while the packaging line didn’t have a packaging manager, and the workers were collectively working to get the product out. “I Surely many of us have fantasized about what good we’d do with such an astronomical amount of cash. It might be old, it might be given up on. “It It might be old, it might be given up on.

Brewery 353

Brewery Back of House Food Safety Consumer Goods 353

Harbor Touch

MARCH 2, 2025

If you manage a restaurant or sling plates as a server, youve probably noticed tech creeping into every corner of the industry. Plus, you can ditch those pricey third-party delivery apps and keep more cash in your pocket. Saving Costs with Real-Time Management Keeping Equipment in Check IoT isnt just about guests; its a cost-saver too.

Communication 78

Communication Operations Back of House Inventory 78

Modern Restaurant Management

MARCH 25, 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. " Fitsmallbusiness.com launched a series of articles detailing what the restaurant industry can do to stay ahead of the curve as the U.S.

Online Ordering 290

Online Ordering Insurance Mobile Ordering Website Management 290

ChowNow

AUGUST 23, 2024

By conducting a break-even analysis, you can make informed decisions about pricing, cost management , and overall strategy. Examples include rent, salaries, insurance, and equipment leases. In this post, we’ll walk through the process step by step, with examples to make it tangible and actionable. What Is a Break-even Analysis?

Point of Sale 195

Point of Sale Insurance Cash Management Equipment 195

Perfect Daily Grind

AUGUST 7, 2022

You may also like our article on how micro-cooperatives are transforming the Kenyan coffee trade. Many of these co-ops are well-managed and add value to coffee in a number of ways, including through quality control, packaging, and even domestic sales in some cases. Mr. Gathura is a retired wet mill manager from Kenya.

Operations 204

Operations Audits Agriculture Cash Management 204

Perfect Daily Grind

SEPTEMBER 28, 2022

You may also like our article on how technology has changed in the coffee industry over the last few years. Producers need to see their farms as businesses , so they need to plan farm management similarly to any other business. And how can access to data collection be scaled across the Bean Belt? Read on for their insight.

Supplies 192

Supplies Sustainability Cash Management Point of Sale 192

Modern Restaurant Management

JULY 15, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features Grubhub's State of the Plate 2020 trend report, the fragility of "open," di g ital resilience and brand intimacy. MBLM also further analyzed the industry in an article entitled, “ Fast Food & COVID-19.

2020 488

2020 Mobile Ordering Point of Sale Food Supply 488

Perfect Daily Grind

JULY 17, 2022

You might also like our article on coffee & conflict in the Democratic Republic of Congo. However, similarly to Abboiso, cocoa is the main cash crop for farmers in this region, followed by rubber and coffee. Magdi Abdul Reda is the Production Manager at Café Continent. Want to read more articles like this?

Café 167

Café Cash Management Government 2002 167

The Restaurant Times

JUNE 3, 2020

With less capital expenditure, low initial setup costs, minimal staff, and equipment requirements, the dynamics of dark kitchens are more favorable than a dine-in facility. With the help of the strategies and tips mentioned in this article, a stable dark kitchen business can quickly reach operating break-even and generate profits. .

Cash Management 88

Cash Management Point of Sale Front of House Equipment 88

Modern Restaurant Management

DECEMBER 16, 2019

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the great gift of a restaurant gift card, learning about event professionals, top QSR traffic and digital ordering strategies. Additionally, turnover rates for restaurant employees and managers continue to be at all-time highs.

2019 323

2019 Compost Mobile Ordering Online Ordering 323

Perfect Daily Grind

SEPTEMBER 15, 2022

You may also like our article on what to consider when developing a sourcing programme. Without the financial capability to invest in farm management, some farmers are forced to abandon coffee production altogether in search of more profitable cash crops. Read on to learn more about their insight.

Sourcing 158

Sourcing Sustainability Certification Consumer Goods 158

Sling

JUNE 8, 2020

When you think about it, creating a business budget is probably one of the least exciting responsibilities of being a manager or an owner. In this article, the management experts at Sling discuss budgeting 101 and give you tips on how to build a business budget for your company, regardless of size. Equipment will break down.

Small Business 109

Small Business Cash Management Uniforms Tip Distribution 109

Lavu

JANUARY 15, 2020

You need funds to restock your inventory, pay your staff, obtain or renew permits, buy business assets, and replace your restaurant equipment. This article will delve into this in more details by focusing on: Definition of restaurant financing. Equipment Financing. Merchant Cash Advances. Types of restaurant financing.

Cash Management 78

Cash Management Equipment Small Business Front of House 78

Lavu

JANUARY 21, 2020

In this article, you will learn about the various accounting reports that your restaurant should keep. Every restaurant owner and manager needs to review this report on a daily basis to get a picture of how the restaurant is performing. Daily sales reports show whether there is any cash missing so you can trace it back to the cause.

Cash Management 78

Cash Management Point of Sale Information Beverage 78

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. That’s where we can help.

Retail 144

Retail Management Management Point of Sale 144

BNG Point of Sale

MARCH 9, 2020

A POS system includes the entire network of systems that come together to manage the transaction process for a business. In seconds it can process a payment, update inventory, and send data to store managers so they know when a product is running low. There’s more to the process than any individual machine, though.

Point of Sale 95

Point of Sale POS Loyalty Program Inventory 95

Harbor Touch

MARCH 2, 2025

If you manage a restaurant or sling plates as a server, youve probably noticed tech creeping into every corner of the industry. Plus, you can ditch those pricey third-party delivery apps and keep more cash in your pocket. Saving Costs with Real-Time Management Keeping Equipment in Check IoT isnt just about guests; its a cost-saver too.

Communication 78

Communication Operations Back of House Inventory 78

Harbor Touch

MARCH 2, 2025

If you manage a restaurant or sling plates as a server, youve probably noticed tech creeping into every corner of the industry. Plus, you can ditch those pricey third-party delivery apps and keep more cash in your pocket. Saving Costs with Real-Time Management Keeping Equipment in Check IoT isnt just about guests; its a cost-saver too.

Communication 78

Communication Operations Back of House Inventory 78

BNG Point of Sale

MAY 28, 2020

With mobile POS system options, small business owners can find a phone app software that can not only accept payments but also manage parts of their business straight from a tablet or phone. A mobile POS system is a secure, convenient, and efficient management tool designed for small businesses to help them run smoothly.

POS 94

POS Mobile Ordering Point of Sale Small Business 94

The Restaurant Group

APRIL 13, 2023

Well, if you’re looking at a turn-key consulting service, the consultant will undertake every task, from developing your restaurant’s concept to managing the grand opening. A consultant also plays a key role in helping you analyze the restaurant’s performance based on financial factors like cash flow statements, profit and loss, etc.

Recruiting 78

Recruiting Cash Management Small Business Hiring 78

BNG Point of Sale

SEPTEMBER 8, 2021

POS System Vs Cash Register: What’s The Difference? . A cash register, at its most basic level, is designed to record the transactions of sales that occur in a store.-for POS System Vs Cash Register . POS stands for point of sale, and it is a sale software suite that manages money, inventory, and business transactions.

POS 52

POS Cash Management Point of Sale Retail 52

Touch Bistro

JUNE 22, 2021

When used alongside other financial documents, such as your restaurant profit and loss statement (also known as your restaurant income statement ) and your statement of cash flows, your balance sheet gives you a more complete picture of your restaurant’s finances. Your balance sheet can also be used to forecast short and long-term cash flow.

Management 52

Management Management Cash Management Point of Sale 52

The Restaurant Times

JANUARY 31, 2022

Learn 5 things to consider before going for restaurant consulting in this article. . Yes, you can enrol in restaurant management classes or attend culinary school. Read a similar article: How A Restaurant Consultant Can Help You Run Your Restaurant Better. 5 Things To Consider Before Going For Restaurant Consulting.

Cash Management 52

Cash Management Kitchen Safety Point of Sale Hiring 52

BNG Point of Sale

JULY 15, 2018

Getting a point-of-sale system is one of the first pieces of equipment a restaurant owner debate spending money on when they are investing in a new establishment. Businesses that only use a cash drawer have no way of accounting if a drink wasn’t rung up or exactly how many orders went out. POS systems monitor working hours.

Point of Sale 66

Point of Sale Waste POS Cash Management 66

Lavu

JANUARY 21, 2020

In this article, we are going to look at some of the most effective restaurant accounting tips: Understand Restaurant Accounting Terminology. A good accountant will help you in managing finances and producing key financial statements. Install a Good Restaurant POS System. They form the minority expenses of running a restaurant.

Point of Sale 78

Point of Sale Inventory Restaurant Law Front of House 78

The Restaurant Times

JULY 17, 2021

When it comes to restaurants, choosing a versatile POS system is imperative to manage multiple operations and outlets the right way. This article will highlight the major differences between the cloud and traditional POS systems to help you decide the best management software for your restaurant. Absence Of Hardware.

POS 52

POS Cash Management Online Ordering Point of Sale 52

BNG Point of Sale

OCTOBER 13, 2021

They offer a wide range of hardware and software options to aid in everything from sales to management to accounting. In this article, we take a closer look at each type of device and software and explain which features are helpful for a range of business types. Cash register/drawer. Touchscreen terminal. Barcode scanner.

POS 52

POS Loyalty Program Point of Sale Cash Management 52