Modern Restaurant Management

JUNE 15, 2021

Lavu, the restaurant technology services company, estimates 42 percent of food purchases are made online. What’s more, consumers tend to spend extra on their food when ordering by themselves, either through kiosks or branded apps. When the pandemic hit, many restaurants focused on expenses. Inventory stock changed significantly.

Technology 198

Technology Loyalty Program Front of House Online Ordering 198

Restaurant Clicks

JULY 15, 2021

Food cost is the profit earned from selling food minus the cost of ingredients. Food cost is calculated as a percentage. The cost of food gives insight into how profitable a restaurant or bar is. What Food Cost Says About Your Profits. Actual Food Cost vs. Ideal Food Cost.

Food 78

Food Seasonal Menu Inventory Point of Sale 78

Margin Edge

FEBRUARY 3, 2022

Labor shortages, supply chain issues, sick employees, not enough financial assistance, hesitant diners- the list goes on and on and we know if you’re running a restaurant right now this is by no means breaking news. 6 Ways to Reduce Food Costs. 6 Ways to Reduce Food Costs. Track waste. Take consistent inventories.

2022 98

2022 Food Seasonal Menu Waste 98

Apicbase

OCTOBER 28, 2022

In this article, we explore five ways to keep the back-of-house expenses of your restaurants structurally low , so that you don’t have to implement overly heavy price increases to bolster your bottom line. Overordering is the main cause of food waste and, sadly, it encourages theft by staff (who’s going to notice?).

Pricing 98

Pricing Point of Sale Inventory Seasonal Menu 98

Culinary Digital

OCTOBER 23, 2023

In this article, we will explore how the use of digital tools can significantly improve dietary operations. Moreover, data analytics and digital point-of-sale systems have empowered foodservice providers to make informed decisions about menu offerings and pricing.

Mobile Ordering 64

Mobile Ordering Food Safety Online Ordering Point of Sale 64

Squirrel Systems

FEBRUARY 16, 2024

In this article, we delve into the anticipated restaurant and menu trends for 2024 and explore how technology, particularly advanced point-of-sale (POS) solutions, can enable restaurateurs to ride the wave of these trends successfully. Experiential Dining The dining experience is becoming as important as the food itself.

2024 52

2024 Technology Menu Mobile Ordering 52

Perfect Daily Grind

MARCH 20, 2023

Between 2014 and 2021, global ecommerce sales grew by over 269%. To learn more about the rise of ecommerce in coffee, I spoke with Jolene Zehnder, Director of Sales and Operations at Mercon Specialty , Craig Russell, Managing Director and President of Mercon Specialty, and CEO of Bean Box , Matthew Berk. What is ecommerce?

Point of Sale 141

Point of Sale Consumer Goods Online Ordering Customer Service 141

BNG Point of Sale

SEPTEMBER 2, 2021

A Guide to a Restaurant’s Ideal Profit Margin for Food . Ideal Profit Margin for Food . The food business is notoriously tough. A Guide to a Restaurant’s Ideal Profit Margin for Food . 30% food costs . As a result, many restaurants work to the 30,30,30,10 rule, which looks something like this:

Food Truck 52

Food Truck Loyalty Program Food Point of Sale 52

Cheetah

FEBRUARY 2, 2021

Demand Planning is the critical driver of food supply chain operations from farmer to consumer. Large enterprises across the food chain already realize the importance of demand planning, but small businesses are still anxious about making the leap. Let’s begin with a key question: what is demand planning? Table of Contents.

Small Business 78

Small Business Food Supply Point of Sale Inventory 78

Apicbase

MAY 8, 2024

MarketMan offers tools for automating invoicing, recipe costing, and food cost calculations, making it a popular choice among restaurateurs. However, with numerous similar systems available, tailored to various types of food service operations and specific use cases, you might ask, ‘Which software is the best fit for my business?

Inventory 52

Inventory Food Supply Kitchen Safety Back of House 52

Modern Restaurant Management

JULY 15, 2020

According to the latest Financial Trends Insights from Black Box Financial Intelligence™ , based on data from the week ending June 28, restaurants sales continue improving. See the latest sales and traffic results here: Sales Improve but Restaurants Should Brace Themselves for Challenges Ahead. Financial Trends Insights.

2020 161

2020 Mobile Ordering Point of Sale Fast Casual 161

Sling

APRIL 27, 2023

In this article, we examine the specific goals of restaurant operations management and discuss a number of ways to help you improve the program in your own business. Restaurant operations management is essential for the long-term health of your business. Table of contents What is restaurant operations management?

Operations 78

Operations Management Management Inventory 78

Modern Restaurant Management

APRIL 11, 2022

As Americans reach for a potential post-pandemic world, the restaurant industry continues to reel from two years of economic, staffing and supply chain chaos. A recent article in The New York Times cited a 5.7-percent A good starting point for addressing many issues is use of a manager’s log. Managers are already busy.

Healthcare 199

Healthcare Cash Management Social Media Communication 199

Perfect Daily Grind

APRIL 18, 2023

You may also like our article on how espresso machines work. Matching performance and design Pinar Kabakçi is the Sales and Marketing Manager at Levee. Now more than ever, coffee shops and roasters invest in high-quality, precise espresso machines for a number of reasons. Read on to learn more. bars of pressure.

Design 162

Design Customer Service Point of Sale Café 162

Perfect Daily Grind

AUGUST 21, 2022

You may also like our article on why recycling single-use coffee cups is so difficult. There are a number of sustainability issues across the entire coffee supply chain , but none have quite received the same level of attention as single-use cups. But how do these initiatives work? Read on to learn more about what they had to tell me.

Waste 141

Waste Recycling Compost Café 141

Restaurant Engine

JULY 13, 2022

You know that a point-of-sale system (POS) is great for your customers, enabling them to have a bit more control when ordering or paying for their meals. In this article, we look at how paying attention to your productivity levels will enhance the success of your business. It also helps with food costs.

POS 102

POS Website Management Point of Sale Loyalty Program 102

Perfect Daily Grind

DECEMBER 16, 2022

Decafino compostable pouches are made from plant-based polylactic acid plastic, and include food-grade seaweed extract and natural minerals. The Póca bag is made from food-safe silicone and aluminium. The Starbucks Odyssey platform features coffee-themed NFTs, which allow customers to receive a number of rewards, including free drinks.

2030 121

2030 2022 2023 Compost 121

Modern Restaurant Management

OCTOBER 24, 2019

According to an article by BBC, McDonald's is investing in an Artificial Intelligence start-up to help serve data-driven meal choices. Uber is planning to start a program to deliver food via drones in San Diego, California. Therefore, tracking food in the supply chain becomes important. Addressing this Disruption.

Technology 138

Technology Loyalty Program Customer Experience Food Supply 138

BNG Point of Sale

SEPTEMBER 7, 2021

The cost of goods sold is also referred to as the “cost of sales.” Supplies used in either making or selling the product. . To ensure a profitable business, the Food Service Warehouse recommends your restaurant’s cost of goods sold (CoGS) should not be more than 31% of your sales. Cost of raw materials. .

Point of Sale 52

Point of Sale Inventory Food Supply Seasonal Menu 52

BNG Point of Sale

AUGUST 19, 2021

Having one is crucial because restaurant profit margins are typically low, which means keeping a tight track of sales and expenses is integral to maintaining a healthy profit. . Sales Breakdown: Here you list all items you sell and how much money each item has brought for a given time period.

Cash Management 52

Cash Management Point of Sale Inventory Food Truck 52

Cheetah

JULY 1, 2021

In our last article we explored adding auto-gratuity to the bill and sharing tips with BOH staff. Knowing what food is going to cost in the near future enables restaurants to plan accordingly. Cheetah’s bi-weekly Market Watch report, offered to all our clients, summarizes food cost trends and competitive intelligence.

Customer Experience 148

Customer Experience Fine Dining Front of House Customer Service 148

Cheetah

JULY 1, 2021

In our last article we explored adding auto-gratuity to the bill and sharing tips with BOH staff. Knowing what food is going to cost in the near future enables restaurants to plan accordingly. Cheetah’s bi-weekly Market Watch report, offered to all our clients, summarizes food cost trends and competitive intelligence.

Customer Experience 148

Customer Experience Fine Dining Front of House Customer Service 148

The Restaurant Times

SEPTEMBER 4, 2020

You can either find out the cost of your food and supplies and charge your customers three times its value. This article explains how restaurants in Saudi Arabia can do correct restaurant menu pricing and keep their customers satisfied. . These costs are directly associated with the food items on the restaurant menu itself.

Pricing 52

Pricing Menu Food Supply Food 52

BNG Point of Sale

SEPTEMBER 2, 2021

This blog post will go over the typical restaurant overhead costs and expenses, including rent, utilities, labor wages for employees, licenses and permits, food cost percentages, and more. Typical Restaurant Overhead Costs and Expenses . Understanding your restaurant’s overhead cost is particularly important. .

Employee Relations 52

Employee Relations License Point of Sale Food Supply 52

Sling

MARCH 15, 2024

In this article, we’ll tell you what workforce forecasting is and how it benefits your company. Less overtime and staff shortages The better you are at matching your resource supply and demand, the less you’ll pay for unnecessary staffing. Then we’ll walk you through how to implement your own workforce forecasting plan.

Management 78

Management Management Employee Relations Recruiting 78

Future Food

MAY 10, 2022

At Future Food, we often choose to write content that provides our readers with a solution to their food and hospitality problems, or an industry forecast to assist with future planning, however today’s contribution comes purely as an observation of the industry from a consultant, who lives and breathes it on a daily basis.

Hospitality 78

Hospitality Food Supply Customer Service Customer Experience 78

BNG Point of Sale

AUGUST 27, 2021

There is no one set formula on how to succeed when you are opening your own restaurant business, but some key points can help keep things running smoothly. Several factors affect the profitability of a restaurant including location, culture, tradition, food items offered, and service availability. Why does that happen? Pizzeria .

Food Truck 52

Food Truck Point of Sale Customer Service Consumer Goods 52

Modern Restaurant Management

JULY 30, 2021

Participants in MyChange with SaverLife receive access to the national SaverLife platform and the opportunity to participate in national savings challenges, access financial education articles, engage in forums and accumulate redeemable points for a chance to win prizes. “We are very excited about our partnership with SaverLife.

Franchise 198

Franchise Franchising Fast Casual Point of Sale 198

BNG Point of Sale

JUNE 21, 2021

In the restaurant industry, delicious food and restaurant ambiance are often seen as THE KEYS TO SUCCESS! Whether a restaurant is full-service, quick service, or a food truck, maintaining optimal profits is important. In this article, we will explain the ideal profit margins for each restaurant category. Net Profit Margin.

Fast Casual 52

Fast Casual Food Truck Customer Service Online Ordering 52

The Restaurant Times

JUNE 26, 2021

This article will present you with the things you should keep in mind when restarting your restaurant business. . Processes like food production, inventory management, supply chain, marketing, and sales may need to be tweaked according to the new market realities. managing each step efficiently can be challenging.

Kitchen Safety 84

Kitchen Safety Food Safety Back of House Front of House 84

Apicbase

AUGUST 19, 2022

Every article about technology for the hospitality industry seems to start with a similar statement. These articles seem to advocate an ad hoc technology strategy for the hospitality industry, where companies pick software off the shelf whenever a new challenge arises. The bottom line of the articles mentioned above is true, of course.

Hotels 52

Hotels Technology Hospitality Back of House 52

7 Shifts

JUNE 16, 2024

In 2020, the number of establishments in the food and beverage industry was estimated to be 23.1 Set measurable goals: Establish specific and clear objectives, such as increasing sales, growing your social media presence, or garnering positive online reviews. Aside from stamps or stickers, a points system could also work well.

Marketing 195

Marketing 2024 Email Marketing Social Media 195

Lavu

JANUARY 2, 2020

Find Out How to Calculate the Break-Even Point for a Restaurant. The break-even point is an important figure in running a profitable restaurant. It represents the number of sales your business needs to make over a period of time to remain profitable. It is the point at which your restaurant will not lose any money.

Point of Sale 80

Point of Sale License Food Supply Pricing 80

Future Food

JULY 6, 2020

Whether it is tyranny of distance, limited resources for sales reps, challenges with supply chain or simply the sheer competition for space on bottle shop shelves, there is a need to devise astute strategies to entice the customers to the product. It’s not just, ‘We make beer ­– here, come and drink it.’

Beverage 122

Beverage Brewery Customer Experience Tourism 122

BNG Point of Sale

AUGUST 27, 2021

It is also not an easy one–regardless of the restaurant size and business model–with plenty of competition to contend with while trying to stay on top in terms of the quality food it serves and its prices. For example, let’s say John Doe Bar’s total sales from July to September 2020 were $1.25 Gross profit .

Point of Sale 52

Point of Sale Social Media Customer Service Online Ordering 52

Sling

JUNE 8, 2020

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. 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.

Small Business 109

Small Business Cash Management Uniforms Tip Distribution 109

Lavu

APRIL 27, 2020

People are keeping a closer eye on their food budgets, but they still need to feed their families and are dealing with shortages at their local grocery stores. Here are our tips for packaging menu items for carryout and delivery effectively: Keep hot food separate from cold items. Make sure your food containers are the right size.

Menu 78

Menu Healthcare 2025 Point of Sale 78