Culinary Cues

DECEMBER 30, 2019

The following provides some “food for thought”, maybe even a “look in the mirror” checklist for those who are drifting away from those initial goals. [] THINKING THEY CAN MANAGE THROUGH OTHERS. Even the most loyal guest will start to drift away if they can’t depend on the service, the product, or the hours of operation.

Cash Management 266

Cash Management Point of Sale Leadership Website Management 266

7 Shifts

SEPTEMBER 19, 2022

They offer work-life balance, flexible schedules, useful benefits, and operate on strong core values. What about managers? Track and manage employee workload. What about managers? Managers fared a bit better than hourly employees—with a turnover rate of 28%. Table of Contents. Restaurant Retention Data Study.

Front of House 195

Front of House Back of House Cash Management Customer Experience 195

Modern Restaurant Management

DECEMBER 16, 2021

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their views on trends. Fortunately, we have exceeded in our efforts to reduce our footprint and maximize profitability to effectively operate our drive-thrus and maintain team productivity. Here are their insights.

2022 180

2022 Food Supply Back of House Kitchen Safety 180

7 Shifts

FEBRUARY 12, 2021

According to Investopedia , a restaurant will generally look to sell for about 25 to 40% of its annual operating income. They could also be trying to get out of a bad situation—be it management, building, or market related. Have there been any tax audits in the past three to five years?

License 444

License Equipment Certification Information 444

Margin Edge

NOVEMBER 10, 2021

There are three primary ways for restaurants to pay their bills: manually writing checks (stuffing, licking, stamping envelopes, and taking them to the post office), using credit cards or digital banking, and lastly using a third-party provider like Bill.com, QuickBooks, or your restaurant management system (RSM).

Management 79

Management Management Cash Management Front of House 79

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. Avoid The Credit Business.

Cash Management 88

Cash Management Point of Sale Front of House Equipment 88

Ken Burgin

JULY 9, 2022

Approachable management: someone in authority who staff can talk to if they notice things aren’t right. Good internal communication systems – allowing staff and management to communicate freely. Up-to-date information about costs and percentages – sharing the results of stocktake and purchasing with managers.

Point of Sale 60

Point of Sale Cash Management Website Management Audits 60

Modern Restaurant Management

MARCH 31, 2020

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. Is the vendor’s security audited by a third-party company? In order to understand why cybersecurity is important for restaurants, you only need to scan the recent headlines.

Website Management 203

Website Management Retail Small Business Online Ordering 203

Restaurant365

SEPTEMBER 30, 2019

Through streamlining operational functions , like the accounts payable process, restaurant owners and operators are able to implement cost-saving efficiencies. Operators can determine approval process routing through customized human intervention rules by location, vendor, category, or amount. Step 3: Pay.

Audits 60

Audits Cash Management Mobile Ordering Point of Sale 60

7 Shifts

FEBRUARY 12, 2021

According to Investopedia , a restaurant will generally look to sell for about 25 to 40% of its annual operating income. They could also be trying to get out of a bad situation—be it management, building, or market related. Have there been any tax audits in the past three to five years?

License 195

License Equipment Certification Information 195

SpotOn

FEBRUARY 26, 2024

A successful retail operation needs a great team. That being the case,  you need a recruitment operation that can deliver people with the right talents. Photo by Nick Fewings / Unsplash Retail recruitment is the process whereby large and small businesses recruit for their retail operation. You need people who can connect.

Recruiting 52

Recruiting Retail Point of Sale Small Business 52

Perfect Daily Grind

OCTOBER 1, 2022

The online event will explore the challenges that farmers and their communities face, as well as OOH coffee operators, and expand on how Nescafé provides support to these supply chain actors. Speakers will include Head of Beverages at Nestlé Professional, Patrick Stern, and Relationship Manager at Perfect Daily Grind, Nicholas Yamada.

2022 135

2022 2023 Point of Sale Webinar 135

The Restaurant Times

JUNE 11, 2021

Managing a restaurant is a daunting task. Handling inventory, staff and customers, along with keeping track of analytics and reports all at the same time can become cumbersome for the restaurant manager. That is why, automating restaurant operations is always fruitful. It enables you to manage each task efficiently. .

POS 52

POS Mobile Ordering Loyalty Program Online Ordering 52

BNG Point of Sale

SEPTEMBER 2, 2021

In this post, we will explore what an ideal restaurant food margin is and how to calculate it so that you can have an easier time managing your business and know exactly where you stand financially. . Understanding profit margins is a vital skill to the success of any restaurant business and common restaurant operations.

Food Truck 52

Food Truck Loyalty Program Food Point of Sale 52

Harbor Touch

APRIL 17, 2018

The city and state where you operate your restaurant could have different sales tax requirements, and if you own multiple locations, it is even more important to be up to date on the different requirements. Seems like a no-brainer but maintaining solid files, both physical and electronic, are critical to managing your restaurant.

Employee Relations 97

Employee Relations Insurance Point of Sale Cash Management 97

7 Shifts

MAY 15, 2023

Did you know that payroll/labor makes up almost one-third of a restaurant's operating costs ? Restaurant payroll is a system for calculating and managing the salaries of employees in a restaurant. Employers need to track hours, calculate wages, manage shift schedules , and maintain employee records.

2023 195

2023 Tip Distribution Audits Restaurant Law 195

7 Shifts

MAY 18, 2023

Every department and all the operations around those departments need to work together seamlessly to ensure the smooth running of the business. Then, out of the blue, these labor audit folks showed up, and man, did they find a heap of issues. This is just like a restaurant, made up of its own interconnected components.

Restaurant Law 195

Restaurant Law Insurance Audits Cash Management 195

EATER

MAY 22, 2020

Breaks are longer, and every other cash register is left empty to allow space between workers. To manage crowding, all stores are limiting the number of customers that can enter at once, as well as putting up “visual cues and in-store signage” encouraging distancing, and performing “daily audits to ensure compliance.”

Employee Relations 145

Employee Relations Food Safety Website Management Social Media 145

Notch

JANUARY 23, 2019

As an owner-operator, your restaurant likely sits at the center of your life. And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. There are two ways to improve your profit margin: increasing your total revenue, or cutting back your operating costs.

Email Marketing 72

Email Marketing Merchandise Website Management Point of Sale 72

Modern Restaurant Management

MARCH 11, 2020

US Foods Holding Corp.entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management, Inc. NYSE: APO) (the “Apollo Funds”) for $970 million in cash. reducing to approximately 3.0x by the end of fiscal 2021.

Bar 154

Bar Cash Management Loyalty Program Point of Sale 154

Notch

JANUARY 23, 2019

As an owner-operator, your restaurant likely sits at the center of your life. And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. There are two ways to improve your profit margin: increasing your total revenue, or cutting back your operating costs.

Email Marketing 52

Email Marketing Merchandise Website Management Point of Sale 52

Xtra Chef

DECEMBER 11, 2019

Whether you are an executive chef, a seasoned restaurant finance executive, or an owner/operator who manages your own books, speaking the language of restaurant accounting will help keep all financial stakeholders on the same page. In Part 2, we’ll help you decide how best to manage accounting at your restaurant.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

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. is the first single-vendor solution combining apps to streamline and improve restaurant operations in one fully integrated platform. ” The BOHA!

Healthcare 206

Healthcare Employee Relations Online Ordering Customer Service 206

Lavu

MARCH 11, 2020

Understanding Restaurant Management Software. From the introduction of point of sale (POS) systems to accounting systems, technology is changing the ways restaurants operate today. Inefficient practices are being phased out in favor of more efficient and faster methods of operating. What is restaurant management software?

Management 78

Management Management Cash Management Mobile Ordering 78

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

Modern Restaurant Management

AUGUST 19, 2020

Modern Restaurat Management (MRM) magazine is collaborating with the team at MarketScale on The Main Course , a podcast that aims to explore the intense and competitive modern restaurant industry. "We Barbara Castiglia , MODERATOR – Modern Restaurant Management. The Main Course. 20 at 4 p.m. FAT to Acquire Johnny Rockets.

Kitchen Safety 206

Kitchen Safety Loyalty Program Delivery Customer Service 206

Apicbase

APRIL 20, 2022

That’s where an extensive operations manual comes in, including your processes, recipes, portion sizes, suppliers, safety and hygiene guidelines, equipment, pricing, appropriate furnishings, etc. Audited financial statements can reassure potential business owners and investors. Have I demonstrated success in multiple locations?

Franchise 52

Franchise Franchising Cash Management Kitchen Safety 52

Xtra Chef

OCTOBER 28, 2020

Restaurant inventory management is not the most enjoyable restaurant task. Inventory management is a cost management strategy that influences your restaurant food costs , revenue, profitability, and cash flow. Of course, there’s much more to inventory management than maintaining stock levels.

Inventory 78

Inventory Management Management Cash Management 78

Modern Restaurant Management

JUNE 19, 2020

This singular focus has allowed Bloom to create a world class enterprise analytics and marketing platform that saves at-risk customers, builds and manages online reviews, while increasing customers’ frequency. “Now more than ever, operators need tools to better run their businesses. Yelp Adds COVID-19 Help Features.

Food Safety 145

Food Safety Customer Experience Website Management Employee Relations 145

Rocket Fuel

JULY 12, 2022

Managing any business requires some number crunching, but when it comes to tracking profits, few businesses are as complex as restaurants. ” Other restaurant owners may utilize software to manage data from their stores, and that software should be able to create P&L statements on its own.

Cash Management 52

Cash Management Download Merchandise Audits 52

The Restaurant Times

FEBRUARY 22, 2022

Chain restaurants can also hire food experts to develop quality assurance standards, operational processes, and food handling and safety procedures that are consistent across all locations. . If you want a smooth operation of your back house, a food consultant is the best option to go for. . Kitchen Management .

Hiring 52

Hiring Food Kitchen Safety Food Safety 52

Lavu

JANUARY 21, 2020

When restaurant accounting software is integrated into your restaurant POS system , it puts all the operational and accounting information in a single database. This means that your financial and operational data will be kept in balance, and can be retrieved at any time. Simplifies Auditing. Ensures Accuracy of Financial Data.

Audits 78

Audits Back of House Point of Sale Front of House 78

Apicbase

MAY 18, 2022

Managing a chain of company-owned restaurants is very different from working with franchisees. You aren’t involved in the day-to-day operations of the franchised locations, so the keys to success in restaurant franchising are different from those of corporate sites. That’s where your operations manual comes in.

Franchise 52

Franchise Franchising Sustainability Document 52

EATER

OCTOBER 13, 2020

Despite its issues-driven programming, the foundation’s Restaurant and Chef Awards have become both its crown jewel and cash cow. Among numerous policy changes, a key component of its rehabilitation required divorcing the award process from the foundation’s operations. It was not designed that way.

Social Media 101

Social Media Employee Relations Leadership Email Marketing 101

Perfect Daily Grind

SEPTEMBER 15, 2022

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. Amy Oroko is the Sustainability Manager for Glasgow roaster Matthew Algie , which has partnered with Fairtrade UK for the past 25 years. “We

Sourcing 145

Sourcing Sustainability Certification Pricing 145

Modern Restaurant Management

FEBRUARY 19, 2020

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. She first served as senior internal audit analyst at Yum! Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Allen Named CEO at Checkers & Rally's.

Franchise 122

Franchise Franchising Fast Casual Point of Sale 122