7 Shifts

APRIL 3, 2020

Comparing 7shifts’ internal data of 10,000+ restaurants, restaurants are seeing an average weekly decrease in sales of 50% across the board in North America. 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

BNG Point of Sale

OCTOBER 13, 2021

Types of Point-of-Sale (POS) Systems. Point-of Sale (POS) systems are increasingly powerful tools for improving sales and profits. They offer a wide range of hardware and software options to aid in everything from sales to management to accounting. Different Types of POS Systems.

POS 52

POS Loyalty Program Point of Sale Cash Management 52

7 Shifts

JUNE 4, 2021

In this article, we'll go into 15 key performance indicators for restaurants, why they're important, how to calculate them, and more. Break-even point. Sales per labor hour. You can now determine what percentage this is off your overall sales to get a picture of your restaurant's financial health. Food cost percentage.

Point of Sale 417

Point of Sale Inventory Employee Relations Customer Service 417

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 Loyalty Program 52

BNG Point of Sale

MARCH 18, 2021

If you are a business owner and planning to invest in POS equipment, there are options you need to consider, the biggest is whether you should buy or lease. As a POS provider, BNG Point-of-Sale has extensive experience in selling and leasing POS equipment. Benefits of buying point-of-sale systems.

POS 52

POS Point of Sale Equipment Back of House 52

The Restaurant Times

JULY 17, 2021

POS software solutions are now ubiquitous. From small retailers to restaurants, POS software is used for billing almost everywhere. According to a report by Marketsandmarkets , the cloud POS systems market is expected to touch USD 3.73 But first, let us see what both of these POS systems are. billion by the year 2023.

POS 52

POS Cash Management Online Ordering Point of Sale 52

7 Shifts

SEPTEMBER 16, 2021

Whether you’re managing multiple restaurants right now or are thinking about expanding your current business , this guide has everything you need to run more than one restaurant at once with success. Table of Contents. New Concept or Replicate? Create Consistency with Your Operations. Delegating Responsibilities. Keep Your Team Connected.

Management 370

Management Management Document Hiring 370

BNG Point of Sale

SEPTEMBER 30, 2018

Price is usually a significant deciding factor in whether your startup retail or restaurant business can afford a point-of-sale system or not. Several companies offer cheap point-of-sale systems solutions through processing contracts, but sometimes those solutions are not supported well or the company is offering a subpar product.

Point of Sale 66

Point of Sale Equipment POS Online Ordering 66

Modern Restaurant Management

JUNE 23, 2022

Technology has permeated the quick serve restaurant industry and job functions – from point of sale (POS) to complying with food safety standards. The hi-tech workforce has expanded into factories, warehouses, ecommerce delivery fleets, and this article’s focus: quick serve restaurants.

Food 189

Food Food Safety Front of House Fast Casual 189

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. In 2023, it is estimated that 87 million Americans will dine out on Mother’s Day.

Mobile Ordering 167

Mobile Ordering Online Ordering Customer Service Customer Experience 167

7 Shifts

FEBRUARY 4, 2021

In this article, we’ll take a look at how Tayler Book, co-founder of Beechwood Doughnuts, evolved her restaurant digitally and physically to get where they are today—making thousands of doughnuts a week for the Niagara region. A match made in doughnut heaven ?? We opened the store when I was 22 years old. I was fresh out of university.

Operations 370

Operations Book Communication Small Business 370

Apicbase

MAY 29, 2024

Every few months, a media article declares the death of ghost kitchens as a viable business model. Indeed, they have been around for over a decade: a NYT article from 2019 dates them back at least to 2013. Interestingly, in the article, “ghost kitchens” is enclosed in quotation marks, meaning that the term was new at the time.

Kitchen Safety 52

Kitchen Safety Front of House Online Ordering Food Order 52

The Restaurant Times

MARCH 6, 2023

In this article, we’ll cover all the basics of a restaurant’s profit margin – meaning the average profit margin of different restaurants and how to increase your restaurant’s profit margin. Simply subtract your total sales from your cost of goods sold (CoGS) over a certain period. Read along!

Food Truck 52

Food Truck Point of Sale Employee Relations Equipment 52

Harbor Touch

DECEMBER 20, 2022

This article will explore four ways software technology is transforming the restaurant industry. This article will explore four ways software technology is transforming the restaurant industry. By using POS business systems , restaurants can process orders more quickly and accurately than ever. Transforming customer service.

Loyalty Program 78

Loyalty Program Online Ordering Kitchen Safety Customer Experience 78

Modern Restaurant Management

JULY 5, 2023

This trend is primarily driven by advancements in point of sale (POS) systems and the availability of white label, plug-and-play online ordering systems. This article explores how QSRs can harness the power of technology to enhance operations, deliver more engaging experiences, reduce costs and increase profitability.

Hospitality 179

Hospitality Customer Experience Loyalty Program Customer Service 179

BNG Point of Sale

SEPTEMBER 2, 2021

These expenses include all utility costs associated with production, such as power and gas, as well as employee wages, raw materials inventory, and sales commissions. This includes depreciation of equipment, as well as wages, overtime, and the costs associated with running a cell phone. . Overhead costs are your everyday expenses.

Employee Relations 52

Employee Relations License Point of Sale Food Supply 52

Apicbase

MARCH 28, 2024

In this article, we explore the key differences between the front and back of the house in a restaurant and discuss the best ways to integrate FOH and BOH operations. Sales optimisation. Restaurant back-of-house operations form the backbone of a restaurant’s success. These include food production and inventory management.

Back of House 52

Back of House FOH BOH Front of House 52

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

BNG Point of Sale

SEPTEMBER 2, 2021

This article will break down everything you need to know to calculate your own bar and grill restaurant’s average profit margin. . In terms of sales volume, there is no business with higher margins than bars and grills, in the restaurant industry. Average Profit Margin for A Bar and Grill . With a market size of $27.1

Bar 52

Bar Point of Sale SEO Customer Service 52

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. Someone who understands specific restaurant accounting features like a chart of accounts, COGS, prime costs, daily sales, and more. . Hire a Professional Specializing in Restaurant Accounting.

Point of Sale 78

Point of Sale Inventory Restaurant Law Front of House 78

BNG Point of Sale

SEPTEMBER 2, 2021

Restaurant Revenue Per Square Foot: What Are Your Sales? . The sale per square foot of your restaurant is a good indicator of how much money you will make. The sale per square foot of your restaurant is a good indicator of how much money you will make. Sales Per Square Foot = Annual Sales/Square Foot .

Fast Casual 52

Fast Casual Point of Sale Franchise Franchising 52

Harbor Touch

JUNE 6, 2017

Here’s a great article from OpenTable on how to write a restaurant business plan. It can be easy to spend a lot here with all the different options for kitchen equipment, furnishings, tables, chairs, bars, artwork, etc. Complete the Restaurant Build Out, Get a POS System, Purchase Food. A casual-dining restaurant?

License 90

License POS Point of Sale Advertising 90

Squirrel Systems

FEBRUARY 24, 2021

Connecting restaurant industry trends to your business growth and foodservice reach in 2021 This article sheds insights into what restaurant operators can learn from key restaurant industry trends in consumer behavior and foodservice operations in 2021 to keep their restaurants accessible to consumers and secure the bottom line.

2021 52

2021 Operations Loyalty Program Mobile Ordering 52

Izettle

SEPTEMBER 1, 2020

In this article we identify the first thing you should be thinking about – safety. To make a contactless payment, the consumer ‘taps’ their card near a point-of-sale terminal that is equipped with the contactless technology. Business, but not as usual. Safety first. What is contactless payment?

Mobile Ordering 98

Mobile Ordering Point of Sale Online Ordering Small Business 98

MBB Hospitality

NOVEMBER 15, 2023

This article explores effective strategies for controlling food costs while maximizing restaurant revenue. Implementing software that integrates with your point-of-sale (POS) system can provide real-time data on food usage, allowing for immediate adjustments in purchasing and menu pricing.

Seasonal Menu 52

Seasonal Menu Food Waste Loyalty Program 52

The Restaurant Times

MARCH 29, 2021

With increasing competition and rapidly evolving trends in the UAE F&B space, it is challenging for restaurants to keep sales steady. that poorly affect sales. Hence, there is a need for restaurant owners to look out for innovative ideas that not only help them in increasing sales but also increase profits.

Loyalty Program 52

Loyalty Program Point of Sale Online Ordering Seasonal Menu 52

The Restaurant Times

JANUARY 31, 2022

According to the American Bakery Association , the bakery is one of the subcategories of the US food industry that is witnessing an uptick in sales during the pandemic. Ways To Boost Bakery Sales Using Health-Focused Foods. This article will briefly discuss ways to use health-focused foods to boost bakery sales in the US in 2022.

Allergens 83

Allergens Food Consumer Goods Point of Sale 83

The Restaurant Times

APRIL 18, 2021

Key Features To Look For In The Desired POS Software. An advanced POS software must cater to all the front-of-the-house as well as back-of-the-house operations efficiently. This article puts forth the things that should be considered when buying new cloud kitchen software. . Point-Of-Sale (POS) And Easy Billing.

Mobile Ordering 52

Mobile Ordering Kitchen Safety Point of Sale POS 52

Apicbase

AUGUST 25, 2023

More than 4 in 10 operators plan to invest in equipment or technology to increase front- and back-of-house productivity. 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.

Cash Management 52

Cash Management Technology Front of House Allergens 52

BNG Point of Sale

SEPTEMBER 7, 2021

Menu pricing and restaurant markups are the engines behind the success of restaurants, as sales are the sole source of revenue for most restaurants. This is affected by menu item sales; and markups cover the kitchen staff, the wait staff, the rent, the decor, the music, the advertising, as well as the food and drink. Average Markup .

Fast Casual 52

Fast Casual Food Point of Sale Pricing 52

Sling

SEPTEMBER 13, 2022

For example, your point-of-sale software is cumbersome for your employees and customers and needs to be replaced. Your point-of-sale software update can be pushed off until later because it’s not causing any problems at the moment. Effective retail management requires a vast array of skills. That’s where we can help.

Retail 144

Retail Management Management Point of Sale 144

Touch Bistro

JUNE 22, 2021

It can also provide insight into how you can adjust your spending to increase restaurant sales and reduce operating costs in your restaurant. At its most basic level, your P&L reflects costs (expenses) that are subtracted from restaurant sales and the cost of goods sold. Get Free Template. Restaurant Balance Sheets.

Management 52

Management Management Cash Management Point of Sale 52

The Restaurant Times

DECEMBER 6, 2020

In this article, we will take you through each step of starting your own food truck business in Dubai. Kitchen Equipment And Raw Materials Required To Start a Food Truck. It is recommended to purchase new equipment as it comes with a one year warranty and you would be relieved of the daily maintenance costs of the equipment.

Food Truck 52

Food Truck Food License Restaurant Law 52

BNG Point of Sale

SEPTEMBER 8, 2021

How To Increase Food Delivery Sales . Food and restaurant delivery sales are of critical importance now in the restaurant business industry. You will improve your restaurant’s revenue, sales, and profit margins if you give current and potential customers the option of ordering their food online and having them delivered.

Delivery 52

Delivery Point of Sale Food Online Ordering 52

Apicbase

AUGUST 5, 2022

In this article, you’ll find restaurant marketing tips and examples to flesh out your strategy and set up a solid plan for execution. Your first port of call for insights is your POS system. Recommended Read : Restaurant POS Systems For Multi-Unit Operations | How to set up your tech ecosystem for rapid growth.

Marketing 97

Marketing Operations Social Media Email Marketing 97

BNG Point of Sale

AUGUST 27, 2021

Therefore, you must learn how to develop a more resilient restaurant business just like the other types of restaurants who are finding new ways to ensure decreasing costs and an increase in sales. . For example, let’s say John Doe Bar’s total sales from July to September 2020 were $1.25 Average Gross Profit for Restaurants .

Point of Sale 52

Point of Sale Social Media Customer Service Online Ordering 52

The Restaurant Times

FEBRUARY 18, 2022

Maintaining inventory of groceries and supplies, stocking ingredients, and equipment along with placing the order on your POS (point of sale) software. Maintaining inventory of groceries and supplies, stocking ingredients, and equipment along with placing the order on your POS (point of sale) software.

Hiring 52

Hiring Operations Kitchen Safety Food Safety 52