The Restaurant Times

SEPTEMBER 1, 2021

Here is when Point of Sale or POS software comes into the picture. Harnessing the POS software, restaurateurs have enhanced their restaurant management systems to stay pro-active in the competition. . Besides, there are many other ways in which POS software can spur growth in your restaurant business. Manage Inventory.

POS 52

POS Management Management Cash Management 52

BNG Point of Sale

OCTOBER 8, 2021

Mobile POS For Retail: How Retail Businesses Boost Sales with Mobile Devices. When you think of a point of sale POS system in retail, a cash register likely comes to mind. It’s called Mobile POS. This article examines how Mobile POS improves business operations. What is Mobile POS?

Retail 52

Retail POS Mobile Ordering Cash Management 52

BNG Point of Sale

NOVEMBER 19, 2021

A point-of-sale (POS) system is more than just a way to ring up customers. A POS can effectively integrate with other key business processes, make operations more efficient and act as the backbone of your business. A POS can bring all aspects of your business together with its integration features. What is a POS System?

POS 52

POS Operations Loyalty Program Point of Sale 52

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. This helps reduce expenses and improves the restaurant’s overall efficiency.

Mobile Ordering 167

Mobile Ordering Online Ordering Customer Service Customer Experience 167

7 Shifts

APRIL 30, 2021

Food, alcohol, and cash are common victims of theft—but business owners have to look beyond physical goods. By understanding the ways it can occur, business owners or managers have a much higher chance of identifying it before it racks up a hefty bill. Give your managers top-level visibility. How to spot it: Types of time theft.

Restaurant Law 370

Restaurant Law White Paper Cash Management Small Business 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

Cheetah

DECEMBER 2, 2021

A good system will also help staff manage their personal cash flow. Review these top 5 tip pooling platforms to find the best one for your restaurant and POS system. Toast - Tipping within Your POS. Toast is one of the major players on the restaurant POS scene. 7Shifts - Shift Management Powerhouse.

Cash Management 78

Cash Management Restaurant Law POS Employee Relations 78

Cheetah

DECEMBER 1, 2021

A good system will also help staff manage their personal cash flow. Review these top 5 tip pooling platforms to find the best one for your restaurant and POS system. Toast - Tipping within Your POS. Toast is one of the major players on the restaurant POS scene. 7Shifts - Shift Management Powerhouse.

Cash Management 78

Cash Management Restaurant Law POS Employee Relations 78

BNG Point of Sale

SEPTEMBER 24, 2020

Today’s point-of-sale (POS) systems have changed dramatically and are a far cry from what was available just ten years ago, leaving many businesses to ask how do the newest versions of point-of-sale systems work? POS systems allow you to process more types of payment in more ways faster than ever before. What is a POS system?

Point of Sale 98

Point of Sale Mobile Ordering Cash Management POS 98

Apicbase

AUGUST 25, 2023

Mastering new technological skills is, indeed, a crucial part of digital transformation, as highlighted by Tsedal Neeley and Paul Leonardi in their May 2022 Harvard Business Review article, Developing a Digital Mindset. 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

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. S ometimes they are also referred to as cash registers or POS systems. What is a Point-of-sale System?

Point of Sale 52

Point of Sale POS Employee Relations Cash Management 52

The Restaurant Times

DECEMBER 30, 2020

This article discusses how restaurants in the UAE can monitor their restaurant inventory and control food costs. You can build it manually, or use a restaurant management software that has an inventory module. To avoid any such situations, implementing robust restaurant management software is a must. . Calculate The Variance.

Inventory 98

Inventory Cash Management Food Food Order 98

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. Fast and reliable POS system. A fast and reliable POS system is essential for running a successful bar. In short,having a fast and reliable POS system is key to successfully running your bar.

Bar 78

Bar License Restaurant Law POS 78

7 Shifts

NOVEMBER 26, 2019

In this article, we’ll be highlighting six of the most pressing ones, as well as providing steps on how to face or resolve them. 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. coli after eating at Chipotle.

Franchise 369

Franchise Franchising Restaurant Law 2015 369

The Restaurant Times

JUNE 3, 2020

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. . Forecast The cash flow . With a cash flow forecast, you can gain insights about how to manage your cash flow better.

Cash Management 88

Cash Management Point of Sale Front of House Equipment 88

BNG Point of Sale

SEPTEMBER 24, 2020

Today’s point-of-sale (POS) systems have changed dramatically and are a far cry from what was available just ten years ago, leaving many businesses to ask how do the newest versions of point-of-sale systems work? POS systems allow you to process more types of payment in more ways faster than ever before. What is a POS system?

Point of Sale 75

Point of Sale Mobile Ordering Cash Management POS 75

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 203

Website Management Retail Small Business Online Ordering 203

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

Restaurant Engine

OCTOBER 5, 2022

In this article, we look at five technology innovations your restaurant should be using. #1: In addition, they don’t have to worry about unhygienic cash. Ask most restaurant managers and owners what the most frustrating, time-consuming part of their job is, and they will tell you it’s scheduling their staff.

Innovation 59

Innovation Technology Online Ordering Point of Sale 59

Lavu

NOVEMBER 11, 2019

Not accepting cash eliminates the risk of thefts and reduces crime rates in general. The fifth time the Park Café & Coffee Bar in Baltimore, Maryland, was held up at gunpoint, the owner decided to remove the cause: cash. In an interview with Fast Company, Neman expressed confidence in a future that’s cash-free. “We

Cash Management 85

Cash Management Point of Sale Fast Casual Café 85

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. . You get a strong look at the biggest indicators for profit and how those elements are managed.

Cash Management 52

Cash Management Point of Sale Inventory Food Truck 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

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

BNG Point of Sale

SEPTEMBER 24, 2020

Today’s point-of-sale (POS) systems have changed dramatically and are a far cry from what was available just ten years ago, leaving many businesses to ask how do the newest versions of point-of-sale systems work? POS systems allow you to process more types of payment in more ways faster than ever before. What is a POS system?

Point of Sale 52

Point of Sale Mobile Ordering Cash Management POS 52

BNG Point of Sale

MARCH 9, 2020

If you’re new to the business, a “point of sale” or POS system is a piece of technology in which hardware and software components are used to take payments from customers. A POS system includes the entire network of systems that come together to manage the transaction process for a business. The basics of a POS system.

Point of Sale 95

Point of Sale POS Loyalty Program Inventory 95

Lavu

JANUARY 15, 2020

This article will delve into this in more details by focusing on: Definition of restaurant financing. Regardless of the purpose, restaurant financing is vital to running a successful business and ensuring smooth cash flow. . Nonetheless, there are several financing options at the disposal of restaurant owners and management.

Cash Management 78

Cash Management Equipment Small Business Front of House 78

BNG Point of Sale

JUNE 19, 2020

In this blog, we’ll take a look at different types of POS software solutions we offer and how they work with your business. The overall benefits of a BNG POS System. Having a POS software system in place is a key way of creating immediate and more frequent sales. Let’s take a closer look at some of these systems.

Point of Sale 75

Point of Sale Mobile Ordering Merchandise POS 75

The Restaurant Times

MARCH 29, 2021

In this article, we have shared some techniques that restaurants in the UAE can utilize to attract new customers, widen the customer base, and maintain steady cash flow. To bolster sales, restaurants must implement innovative strategies and hone their restaurant management. How To Increase Restaurant Sales In The UAE.

Loyalty Program 52

Loyalty Program Point of Sale Online Ordering Seasonal Menu 52

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

Margin Edge

FEBRUARY 24, 2022

You could also have a POS error where the buttons aren’t ringing in correctly, servers could be giving away beer to drive tips, or someone could just be really bad at counting inventory. Prime costs are kind of like the restaurant world’s version of a report card for management, measuring how well they are doing keeping the joint profitable.

Inventory 82

Inventory Point of Sale Waste Fine Dining 82

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. . This will act as an additional revenue channel and improve cash flow. Increase Your Restaurant Sales With These Tips. Start Catering Services.

Online Ordering 52

Online Ordering Catering Social Media Customer Service 52

Margin Edge

JUNE 13, 2019

This article looks at some best practices in restaurant accounting and then offers some tips on helpful features of modern accounting systems – all from the perspective of owners and managers (no finance degree required!). Timing is Everything: Accrual vs Cash Reporting. Food, Dry Goods, Beer, Wine, etc.)

Cash Management 40

Cash Management Food Supply Demo Small Business 40

BNG Point of Sale

JULY 15, 2018

However, investing time and money in utilizing your POS system can be the difference between your business keeping its doors open or it closing down. POS systems track your profitable items. POS systems prevent waste. POS systems stop internal theft. POS systems monitor working hours. Curious how?

Point of Sale 66

Point of Sale Waste POS Cash Management 66

BNG Point of Sale

MARCH 9, 2020

If you’re new to the business, a “point of sale” or POS system is a piece of technology in which hardware and software components are used to take payments from customers. A POS system includes the entire network of systems that come together to manage the transaction process for a business. The basics of a POS system.

Point of Sale 59

Point of Sale POS Loyalty Program Inventory 59

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. Concluding Remarks.

Point of Sale 78

Point of Sale Inventory Restaurant Law Front of House 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 115

Online Ordering Insurance Mobile Ordering Website Management 115

The Restaurant Times

MAY 31, 2021

This article will provide you with insights into choosing the perfect location when setting up a bakery business in the UAE. However, setting up the business in a posh and expensive location right at the start might affect cash flow and take you longer to reach the break-even point. .

Point of Sale 69

Point of Sale Cash Management Customer Service Employee Relations 69