Modern Restaurant Management

OCTOBER 26, 2022

While using credit cards is a convenience for consumers, this form of payment represents a major cost center for restaurants. In fact, credit card processing fees rank as the third highest cost of doing business behind the cost of food and labor. According to a PYMNTS survey of 3,250 U.S. billion in food items in February. billion in fees.

Consumer Goods 180

Consumer Goods Restaurant Law Audits Customer Service 180

Apicbase

MAY 8, 2024

The right restaurant management software significantly enhances efficiency and control of operating costs. 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

The Restaurant Times

JULY 28, 2021

When large amounts of food or inventory are wasted, the overall revenue of the restaurant goes down. You don’t want to waste your inventory on burnt or spilt food. To manage the waste effectively, you need to put together an effective Standard Operating Procedure (SOP). Conduct Waste Audits. Categorize The Waste.

Waste 52

Waste Management Management Operations 52

Embrace the Suck

DECEMBER 25, 2019

In foodservice, it’s their operations team. They get a commission based on overall sales for their territory. They basically work for their sales team. What you want to ask for is margin instead of markup and you want it to be auditable. A lot of stuff they don’t want you to know! ” Not so fast.

Food Truck 289

Food Truck Food Audits Tip Distribution 289

Modern Restaurant Management

JANUARY 8, 2024

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour.

2024 216

2024 Loyalty Program Cash Management Customer Experience 216

Modern Restaurant Management

DECEMBER 16, 2021

Additionally, as a result of the ongoing labor shortage, we anticipate more automated chatbots to support on-site team members and help streamline their work as well as operators looking for locations with smaller dine-in square footage in favor of adding more drive-thru lanes. Clinton Anderson, CEO, Fourth Enterprises.

2022 180

2022 Food Supply Back of House Kitchen Safety 180

Restaurant365

NOVEMBER 30, 2021

Multi-location and multi-state restaurant groups, in particular, need robust payroll solutions to address operational and accounting challenges. For many restaurants, the weekend provides significantly higher sales levels than a weekday. Without a comparable number of weekend days, it is difficult to compare data month over month.

Restaurant Law 146

Restaurant Law Audits Point of Sale Insurance 146

Ordyx

DECEMBER 19, 2019

​2019 marked the 10th consecutive year of record sales for the distilled spirits industry. Investigate Bar Inventory Variance Variance (i.e., shrinkage) is any foreseen or unforeseen loss of inventory which results in lost revenue. Here are four easy ways to do it: 1. ​ II. ​ II.

Bar 52

Bar Operations 2020 Point of Sale 52

The Restaurant Times

SEPTEMBER 16, 2021

Active management is the key to any successful restaurant operation. Restaurant point of sale (POS) software is one of the smartest investments you can make in 2021 if you own a restaurant. Restaurant point of sale (POS) software is one of the smartest investments you can make in 2021 if you own a restaurant.

POS 52

POS Point of Sale Inventory Consumer Goods 52

Restaurant365

MARCH 30, 2022

As a restaurant operator, you are the backbone of the restaurant. But on a Monday morning when you arrive early to the back office to a pile of invoices waiting to be processed and last night’s food inventory spreadsheet is still sitting on the clipboard waiting to be entered, you might wonder why you signed up for this.

Inventory 78

Inventory Audits Point of Sale Information 78

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. . A restaurant makes a profit only when the sales exceed the expenses. . The formula for calculating profit is: Sales – (Labor + Food costs + Overhead).

Cash Management 88

Cash Management Point of Sale Front of House Equipment 88

Xtra Chef

JULY 22, 2020

But those of you who operate small businesses or aren’t directly managing your restaurant’s finances may find yourself thinking, “What the heck is a General Ledger code, anyway?”. To begin with the basics, a General Ledger is used as the source of truth for all points of accounting. This is where GL codes come into play.

Point of Sale 78

Point of Sale Audits Food Order Demo 78

Restaurant365

AUGUST 12, 2021

Data can be used to streamline operations, provide better customer service, and drive strategic decisions. A data-driven culture focuses on applying data to specific operations to learn what works and what doesn’t to improve processes. Add in all of the invoices, orders, and inventory you are tracking.

Leadership 78

Leadership Inventory Hiring Point of Sale 78

The Restaurant Times

JUNE 11, 2021

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. Provides Efficient Billing Operations. Billing operations is one of the key features of POS software.

POS 52

POS Mobile Ordering Loyalty Program Online Ordering 52

Restaurant365

AUGUST 19, 2020

Successful restaurant owners and operators don’t just provide great food. Because of the complicated nature of human resources (HR) and the sprawling regulations surrounding payroll, HR and payroll can be a recurring headache for restaurant owners and operators. The people piece of the puzzle can be challenging for restaurants.

Restaurant Law 131

Restaurant Law Recruiting Employee Relations Food Safety 131

Modern Restaurant Management

DECEMBER 21, 2020

We appreciate how our team shows up every day with positive attitudes, ready for new challenges and open to all of the operational changes thrown their way. That’s why we decided to donate 10 percent of sales of our off-premise take-out and delivery platform to No Kid Hungry. Here are their responses. Click here for part one.

2020 198

2020 Kitchen Safety Food Safety Loyalty Program 198

Restaurant365

SEPTEMBER 22, 2020

New technology tools in the restaurant industry present new opportunities for businesses to streamline operations. Your point-of-sale (POS) system processes and stores enormous amounts of sensitive information. However, this boom in technology also comes with security and hacking risks, especially in payment processing.

POS 78

POS Point of Sale 2006 Technology 78

Restaurant365

AUGUST 21, 2020

Successful restaurant owners and operators don’t just provide great food. Because of the complicated nature of human resources (HR) and the sprawling regulations surrounding payroll, HR and payroll can be a recurring headache for restaurant owners and operators. The people piece of the puzzle can be challenging for restaurants.

Blog 78

Blog Restaurant Law Recruiting Employee Relations 78

Touch Bistro

MAY 10, 2021

Running a foodservice operation involves a lot of moving parts. Conduct a Food Waste Audit. And one area that is often overlooked is the question of how to reduce food waste in restaurants. With a better understanding of how to reduce food waste in restaurants, restaurateurs can play a crucial role in solving this problem.

Waste 59

Waste Food Compost Tip Distribution 59

Notch

JANUARY 23, 2019

As an owner-operator, your restaurant likely sits at the center of your life. Fortunately, driving more restaurant sales isn't particularly difficult. The key is to reduce your costs and increase your sales. It's not only your business and your livelihood— it's also your dream. So, why do it? Why run a restaurant at all?

Email Marketing 72

Email Marketing Merchandise Website Management Point of Sale 72

MBB Hospitality

APRIL 25, 2018

When dealing with customers and other staff, your communication skills of course have to be on pointe. Your experienced consultants will help with training and retraining staff on basic restaurant techniques and help make sure your operations are running as smoothly as possible. Strong Communication Skills. Must Love People.

Hospitality 40

Hospitality Franchise Franchising Recruiting 40

Notch

JANUARY 23, 2019

As an owner-operator, your restaurant likely sits at the center of your life. Fortunately, driving more restaurant sales isn't particularly difficult. The key is to reduce your costs and increase your sales. It's not only your business and your livelihood— it's also your dream. So, why do it? Why run a restaurant at all?

Email Marketing 52

Email Marketing Merchandise Website Management Point of Sale 52

Apicbase

MAY 12, 2023

In this article, I explore what high performers do differently from low performers to achieve operational excellence. Drivers For OpEx OpEx refers to the practice of optimising operational processes to improve efficiency, reduce costs, and enhance the customer experience. It’s called operation excellence.

Operations 52

Operations Back of House Sustainability Front of House 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. But having too little inventory makes it difficult to meet customer demand. Part 2: Why Inventory Management Matters.

Inventory 78

Inventory Management Management Cash Management 78

Apicbase

APRIL 5, 2024

Restaurants use software and smart hardware to automate everyday tasks and management duties, such as purchasing ingredients, managing inventory, making production lists, dealing with allergens, and calculating costs. Automate your restaurant’s operation for efficiency and scalability. What Is Restaurant Automation?

Back of House 52

Back of House Front of House BOH Point of Sale 52

Restaurant365

DECEMBER 10, 2021

As a restaurant owner or operator, you may want to consider examining your restaurant group’s payroll and accounting integration and how it can impact your business. For restaurants, operating by calendar month doesn’t provide comparable data, because there are an uneven number of weekend days in each month.

Point of Sale 146

Point of Sale Back of House Front of House POS 146

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. Restaurant accounting is certainly not the most glamorous part of running a restaurant.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

Restaurant365

JANUARY 22, 2020

Restaurant technology innovations are quickly changing the way the restaurant industry does business, as restaurant owners leverage technology to streamline operations , reduce costs, and attract customers. A professional forensic audit of your business. A professional forensic audit of your business.

Audits 88

Audits Point of Sale Front of House POS 88

Lavu

MARCH 11, 2020

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. Restaurant management systems help you operate and manage your restaurant.

Management 78

Management Management Cash Management Mobile Ordering 78

Lavu

JANUARY 21, 2020

The restaurant industry is one of the most fast-paced, with endless to-do lists. While it may be exciting to own a restaurant and serve your customers, some vital tasks like doing accounts may be quite challenging. With all the factors that go into consideration, doing your accounts can be overwhelming. Saves Administrative Time and Effort.

Audits 78

Audits Back of House Point of Sale Front of House 78

Apicbase

APRIL 20, 2022

Instead, we embrace the dark side and look at the pain points and pitfalls. 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. Brace yourself. Here we go. Think of them as a reality check.

Franchise 52

Franchise Franchising Cash Management Kitchen Safety 52

Restaurant365

JULY 17, 2020

Eliminating the sale of goods or services from one entity to another entity within the group. The reason for these eliminations is that a company cannot recognize revenue from sales to itself; all sales must be made to external entities. Most multi-unit restaurant groups run each of their locations as a separate legal entity.

Point of Sale 78

Point of Sale Consumer Goods POS Front of House 78

Apicbase

MAY 18, 2022

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. 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.

Franchise 52

Franchise Franchising Sustainability Document 52

Modern Restaurant Management

MAY 7, 2021

“We are focusing our efforts on experienced multi-unit operators looking to add a dessert brand to their portfolio. “We are focusing our efforts on experienced multi-unit operators looking to add a dessert brand to their portfolio. In total, 165 stores are set to open.

Franchise 173

Franchise Franchising Sustainability Fast Casual 173