7 Shifts

DECEMBER 8, 2020

This article will arm you with ideas for restaurant employee contests. And social media is no slouch, either: actively follow and engage with restaurants on social media, 74% say they are more likely to visit or order food from those establishments. Recommended Reading: Restaurant Task Management: How to Communicate Tasks to Staff 4.

Front of House 370

Front of House Social Media Employee Relations Back of House 370

BNG Point of Sale

AUGUST 19, 2021

In this article, we will take a closer look at how to generate a P&L statement and how the results it provides can improve your business performance and drive you to hit profits that beat industry standards. . Cost of goods sold (CoGS): This is your cost for all food, drinks, and anything else you sell, such as T-shirts and hats.

Cash Management 52

Cash Management Point of Sale Inventory Food Truck 52

The Restaurant Times

OCTOBER 26, 2020

While there are various factors that contribute to a restaurant’s success, managing the restaurant finances in the right way is extremely vital. To understand how to manage their finances, restaurant operators first need to understand break-even. Also, you must ensure that there is a proper system of shift management.

Operations 52

Operations Cash Management Management Management 52

The Restaurant Times

SEPTEMBER 1, 2021

Harnessing the POS software, restaurateurs have enhanced their restaurant management systems to stay pro-active in the competition. . One of the most important reasons you will deploy a POS system in your restaurant is for efficient management of labor and food costs. Manage Inventory. Manage CRM Data .

POS 52

POS Management Management Cash Management 52

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

Apicbase

AUGUST 25, 2023

The Push for Digital Transformation Restaurants today face many challenges, from rising food and labour costs to intensifying competition. Similarly, 92% find food costs daunting, while 89% express concerns over labour expenses. Imagine you’re in a restaurant and have been using an analogue cash register for years.

Cash Management 52

Cash Management Technology Front of House Allergens 52

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 Loyalty Program 98

Margin Edge

FEBRUARY 24, 2022

As a refresher, COGS = beginning inventory + purchased inventory – ending inventory. The most universal categories are food, beer, wine and liquor (FBWL), but depending on what type of restaurant you run, these may vary. What Are COGS & Why They Matter. We’re looking at you, salted mixed nut bowl. .

Inventory 83

Inventory Point of Sale Waste Cash Management 83

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. Laptop or desktop computer. Barcode scanner.

POS 52

POS Loyalty Program Point of Sale Cash Management 52

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. It might be a little.

Small Business 109

Small Business Cash Management Uniforms Tip Distribution 109

Restaurant Engine

DECEMBER 9, 2020

People love your food, and they want it outside your restaurant, too. You have a restaurant, and people already love your food. In this article, we look at how to tell if you should start catering. The most important thing to consider is whether or not you have the resources to manage the added work. tweet this).

Catering 113

Catering Website Management Seasonal Menu Food Supply 113

BNG Point of Sale

DECEMBER 6, 2021

You want something compatible with your type of business and has features that will help manage inventory, sales data, etc. S ometimes they are also referred to as cash registers or POS systems. It’s necessary to take payments from customers through credit cards, debit cards, checks, or cash. .

Point of Sale 52

Point of Sale POS Employee Relations Cash Management 52

Touch Bistro

MARCH 23, 2021

Restaurant accounting and tax specialists have navigated many operators through millions of dollars in relief and helped them become cash flow positive through the pandemic. This article will also cover: Important restaurant tax deadlines for 2021 5 steps you need to take to increase cash flow during tax season.

2021 52

2021 Cash Management Employee Relations 2020 52

The Restaurant Times

JANUARY 31, 2022

Investing in skilled restaurant consulting during the start-up phase of your restaurant or food & beverage enterprise will help you reach the break-even point faster. A consultant should have a thorough understanding of the food sector as well as a genuine desire to see your company prosper. . Experience .

Cash Management 52

Cash Management Kitchen Safety Point of Sale Hiring 52

7 Shifts

NOVEMBER 17, 2022

Drinks, food, games? Recommended Reading: 7 Bar Inventory Building and Management Tactics for Restaurants. While not as straightforward, strategy board games take a while to play (more food and drinks!) Larger groups can play, and the point of these games is to drink more (resulting in more cash flow for your bar).

Bar 195

Bar Sports Outdoor Brewery 195

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

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. Merchant Cash Advances. Types of restaurant financing. Types of restaurant financing.

Cash Management 78

Cash Management Equipment Small Business Front of House 78

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. This could be the cost of buying food ingredients, beverages, taxes, staffing, and benefits.

Point of Sale 78

Point of Sale Inventory Restaurant Law Front of House 78

The Restaurant Times

JULY 25, 2021

This article aims to show how UK restaurateurs managed to increase restaurant sales in the new ‘touchless’ world and discuss some of their best practices. . The food presentation, texture, and taste do not remain the same compared to the food served freshly in dine-in facilities. Start Catering Services.

Online Ordering 52

Online Ordering Catering Social Media Customer Service 52

Harbor Touch

NOVEMBER 21, 2022

On the other hand, you may need to hire a manager and/or assistant manager to help with the day-to-day operations. With a modern POS system , you can handle more orders at once, meaning fewer customers will be left waiting around for their drinks or food – helping make your bar more efficient. Create a solid marketing plan.

Bar 78

Bar License Restaurant Law POS 78

BNG Point of Sale

JUNE 19, 2020

Point of sale systems already bring in money, because unlike a traditional cash register, the ability to take credit cards will increase the likelihood a customer will make a purchase. Additionally, you can manage inventory, and maintain live updates from each of your locations anywhere you are, all on one merchant system.

Point of Sale 75

Point of Sale Mobile Ordering Merchandise POS 75

The Restaurant Times

JUNE 22, 2021

The previous article discussed what SWOT analysis is and why it is a must after the pandemic. This article will guide you through the steps to conduct an effective SWOT analysis for your restaurant. Look for ongoing consumer , food delivery and menu trends , upcoming festivals or events that can increase sales. .

Point of Sale 52

Point of Sale Social Media Restaurant Law Government 52

BNG Point of Sale

JULY 15, 2018

Well, a point-of-sale system is necessary when it comes to maintaining the operations of your business, but they also prevent theft, limit food waste, and help you make smarter ordering decisions. They try and maintain low-cost food items, assuming that will cover their expenses if they sell enough and don’t spend a lot of money on food.

Point of Sale 66

Point of Sale Waste POS Cash Management 66

BNG Point of Sale

JUNE 19, 2020

Point of sale systems already bring in money, because unlike a traditional cash register, the ability to take credit cards will increase the likelihood a customer will make a purchase. Additionally, you can manage inventory, and maintain live updates from each of your locations anywhere you are, all on one merchant system.

Point of Sale 45

Point of Sale Mobile Ordering Merchandise POS 45

Touch Bistro

JULY 4, 2021

million food service employees lost their jobs in 2020. This extra income paired with the safety of staying at home has made some workers reluctant to return to work – a sentiment that’s unsurprising considering the fact that food service workers had some of the highest mortality rates during the pandemic. Change Your Management Style.

2021 98

2021 Employee Relations Hiring Recruiting 98

BNG Point of Sale

JULY 16, 2021

It is one of the most vital key performance indicators (KPIs) for any type of establishment with food – which makes sense because without this crucial information there would not be enough revenue coming in from customers each day (or week). What Is Restaurant Revenue? Average Restaurant Revenue for a Second Location.

Point of Sale 52

Point of Sale Seasonal Menu Cash Management Fine Dining 52

Notch

JANUARY 23, 2019

According to a recent Forbes article , sit-down restaurants make a profit of about 6%. For example, fast-food margins can be much higher than full-service restaurants. And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. Conduct daily inventories.

Email Marketing 72

Email Marketing Merchandise Website Management Point of Sale 72

Notch

JANUARY 23, 2019

According to a recent Forbes article , sit-down restaurants make a profit of about 6%. For example, fast-food margins can be much higher than full-service restaurants. And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. Conduct daily inventories.

Email Marketing 52

Email Marketing Merchandise Website Management Point of Sale 52

Xtra Chef

AUGUST 12, 2020

Food costs are one of the most significant factors of a restaurant’s success. Knowing your restaurant food costs helps with menu pricing, affects prime costs, and plays an integral part in remaining profitable. But managing restaurant food costs can be challenging. What’s in The Restaurant Food Costs Guide?

Food 120

Food Inventory Waste Food Order 120

7 Shifts

SEPTEMBER 28, 2020

People who don't work in the restaurant industry think that all there is to being a server is taking orders, bringing out food, and sorting out the bill. Removing cash from the premise, for example, helps keep your staff safe and prevents fraud. Server side work duties are just as crucial as primary duties.

FOH 195

FOH Management Management Cash Management 195

The Restaurant Times

AUGUST 31, 2020

All restaurateurs in Saudi Arabia must calculate their food costs and make appropriate changes in the menu pricing to optimize the overall costs and decrease wastage. However, calculating the food cost isn’t an easy task. Often, most restaurant owners are unaware of how to use the correct food cost formula. X 100= 25%.

Inventory 52

Inventory Management Management Food 52

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. General Mills Foodservice' s Neighborhood to Nation Restaurant Recipe Contest will award $100,000 to restaurants and food trucks nationwide.

Food Safety 199

Food Safety Mobile Ordering Online Ordering Kitchen Safety 199

Margin Edge

SEPTEMBER 7, 2021

There are a lot of articles out there talking about what to look for in a restaurant management system (RMS), but nearly every article focuses on different software tools that fix individual restaurant problems instead of a comprehensive, all-in-one solution for holistic management. Invoice Management and Categorization.

Management 98

Management Management Inventory POS 98

Apicbase

APRIL 20, 2022

Every pitfall mentioned in this article includes a solution (which reminds me, you should also look into best practices for F&B franchising). Guests expect your food to taste the same, no matter which location they visit or order from. We suggest focusing on your earnings before interest and taxes (EBIT) to estimate cash flow.

Franchise 52

Franchise Franchising Cash Management Kitchen Safety 52

The Restaurant Times

DECEMBER 21, 2020

However, technology solutions like the latest restaurant management software can play a significant role in determining its long-term success. A powerful restaurant management software can boost operational efficiency and optimize customer experience. Must-Have Restaurant POS Software Features. Ordering Ease.

POS 52

POS Mobile Ordering Cash Management Inventory 52

The Restaurant Times

OCTOBER 12, 2020

In the restaurant industry, revenue management is of utmost importance. One of the primary goals of restaurant revenue management is to maximize the overall sales and focus on decreasing the costs. This article covers a list of reports that restaurants in Saudi Arabia must track to keep a check on revenue management. .

Management 52

Management Management Cash Management Audits 52

The Restaurant Times

AUGUST 30, 2022

The food service industry across the world is saturated with a large number of players without much variation in terms of offerings. This article has put together a comprehensive list of features that will help you select the best restaurant POS for your business. What is a Restaurant POS System? How does a Restaurant POS System work?

POS 52

POS 2022 Point of Sale Mobile Ordering 52