Modern Restaurant Management

FEBRUARY 14, 2023

Some restaurant brands have started successfully utilizing microlearning platforms, learning management systems, AI, and gamification to provide interactive, engaging training opportunities for their employees. Since the COVID pandemic, hourly employee (crew, kitchen manager, service manager) turnover is higher than usual, around 194 percent.

Food Safety 189

Food Safety Kitchen Safety Loyalty Program Employee Relations 189

Modern Restaurant Management

DECEMBER 11, 2019

Add cybersecurity risks, mix in consumer desire for transparency, then layer in the collection of consumer data collection and you’ve got a perfect storm of data management challenges across the food supply chain. How Multi-domain Data Governance Works from Farm-to-Fork.

Management 141

Management Management Food Food Safety 141

Lavu

NOVEMBER 17, 2023

Profit margin is a key metric, especially pivotal in restaurant sales, that calculates the percentage of revenue left as profit after covering expenses. By continuously monitoring and optimizing profit margins, owners can unlock valuable insights that can guide them towards effective cost management and operational efficiency.

Fast Casual 123

Fast Casual Fine Dining Food Truck Loyalty Program 123

Culinary Cues

DECEMBER 30, 2019

In all cases they begin with the same goals: prepare and serve great products that are consistent and offered with a smile, build success on a steady flow of sales and controlled profitability, and do all of this with pride. I have the privilege of working with many different restaurants and food businesses. So why does it sometimes go wrong?

Cash Management 268

Cash Management Point of Sale Leadership Website Management 268

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 179

Consumer Goods Restaurant Law Audits Customer Service 179

Lavu

FEBRUARY 2, 2024

Proper food waste management is crucial in this regard, involving practical tips such as conducting a waste audit to identify areas where waste can be minimized. In the face of a staggering global issue, restaurants must proactively avoid food waste. billion tons of food are wasted annually across the globe.

Waste 78

Waste Food Compost Audits 78

Restaurant365

APRIL 14, 2020

Successful restaurant operations, in any kind of economy, depend on well-managed restaurant food inventory. No matter what business model your restaurant is operating on, managing your restaurant inventory helps you prevent waste, lower your food cost, and maximize your bottom line.

Inventory 109

Inventory Delivery Management Management 109

Chowly

FEBRUARY 23, 2024

While restaurant sales are predicted to rise in 2024, high operational costs will limit profit margins. Sales and Economic Forecast Independent restaurants bore the brunt of the pandemic, with approximately 10% closing in 2020 compared to 2.5% Sales are projected to rise, but the higher cost of doing business will challenge margins.

2024 96

2024 Loyalty Program 2023 Point of Sale 96

7 Shifts

JUNE 3, 2022

While money isn't everything, it's one of the biggest pain points for restaurant workers right now. Whether they're in school, have kids, or need time for auditions, restaurant workers can live the lifestyle they want outside the traditional 9-to-5. We don't have to tell you that the restaurant industry has a turnover problem.

Tip Distribution 397

Tip Distribution Email Marketing Communication Coaching 397

Embrace the Suck

DECEMBER 25, 2019

Here’s another thing to be aware of: their supervisor (district manager) will usually lookout for the salesperson, while those at the higher levels look out for their company. They get a commission based on overall sales for their territory. They basically work for their sales team. ” Not so fast.

Food Truck 289

Food Truck Food Audits Tip Distribution 289

The Restaurant Times

JULY 28, 2021

Thus, there arises a need for an efficient waste management system. . 6 Ideas To Enhance The Waste Management System To Cut Costs. Therefore, to cut back on the costs incurred and boost the restaurant’s revenue, you need to improve your restaurant’s waste management system. Conduct Waste Audits.

Waste 52

Waste Management Management Operations 52

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 215

2024 Loyalty Program Cash Management Customer Experience 215

Modern Restaurant Management

DECEMBER 16, 2021

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their views on trends. With more options to work outside of the hospitality industry, operators must offer employees more scheduling flexibility, facilitate transparent communication between management and team members, and avoid overworking staff.

2022 180

2022 Food Supply Back of House Kitchen Safety 180

Restaurant365

NOVEMBER 30, 2021

For many restaurants, the weekend provides significantly higher sales levels than a weekday. No matter what laws your restaurant group falls under, it is beneficial to prioritize recordkeeping and audit trails to demonstrate compliance with labor and pay regulations. Understanding payroll regulations.

Restaurant Law 146

Restaurant Law Audits Point of Sale Insurance 146

7 Shifts

SEPTEMBER 19, 2022

But we're at an inflection point in the restaurant industry. 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%. Turnover in restaurants is as high as ever. Table of Contents. Restaurant Retention Data Study.

Front of House 195

Front of House Back of House Cash Management Customer Experience 195

Ken Burgin

JULY 9, 2022

Short points about your commitment to honesty and hard work, plus care and respect for customers and for the staff. Approachable management: someone in authority who staff can talk to if they notice things aren’t right. Approachable management: someone in authority who staff can talk to if they notice things aren’t right.

Point of Sale 60

Point of Sale Cash Management Website Management Audits 60

Modern Restaurant Management

JANUARY 13, 2020

By performing an honest assessment and diving deep into point-of-sale (POS) reporting, payroll data, online customer reviews, and various other analytics, even the most successful restaurant operators can identify areas that can be streamlined to cut costs, save time, and boost revenue in the new year. Employee scheduling.

2020 189

2020 Website Management Online Ordering Point of Sale 189

Modern Restaurant Management

AUGUST 25, 2021

Often, the resulting waste was not only the food but also the associated costs and energy spent on more waste management. Monitoring consumer preferences, patterns, and sales data from all touch points, AI-empowered solutions can predict the need for ingredients with record accuracy. First Priority: Getting Smarter.

Operations 197

Operations Ordering Sustainability Food Supply 197

Apicbase

MAY 8, 2024

The right restaurant management software significantly enhances efficiency and control of operating costs. Finally, we will explore the best alternatives to MarketMan, helping you decide which restaurant inventory management platform aligns best with your needs. It helps you track waste and theft to better control running costs.

Inventory 52

Inventory Food Supply Kitchen Safety Back of House 52

Modern Restaurant Management

SEPTEMBER 2, 2022

Improving your restaurant’s SERP rankings can help generate more online visibility and subsequently more online sales. Six Tips to Improve Your Restaurant’s Local SERP Rankings. There are no cookie-cutter approaches to SEO. However, with that said, there are common SEO tasks that can be done to improve SEO.

SEO 180

SEO Social Media Audits Point of Sale 180

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

Xtra Chef

AUGUST 26, 2020

With an accounting degree and 8 years of General Manager experience at the height of Austin’s restaurant boom, Stubbs started approaching young restaurants to offer a hand with their books in 2011. Consider this: you make a $20 sale for a to-go order at your restaurant. Your CoA is set up to code all sales the same way.

Point of Sale 112

Point of Sale Article Book 2011 112

SpotOn

FEBRUARY 26, 2024

Establishing a rapport with the customer, finding out their needs, and pointing out the solutions your business offers are elements that some people find easier than others.  For in-store sales, you’ll want to ensure your staff knows how to use your retail POS system. A successful retail operation needs a great team.

Recruiting 52

Recruiting Retail Point of Sale Small Business 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. . A Guide to a Restaurant’s Ideal Profit Margin for Food . 30% food costs . 30% labor . 30% overhead expenses . 10% profit .

Food Truck 52

Food Truck Loyalty Program Food Point of Sale 52

The Restaurant Times

JUNE 3, 2020

Once you have estimated the total fixed and variable costs and expected sales for your cloud kitchen in a year, it is recommended to calculate the break-even point, which will ultimately indicate if you’re set to make a profit. A restaurant makes a profit only when the sales exceed the expenses. .

Cash Management 88

Cash Management Point of Sale Front of House Equipment 88

Perfect Daily Grind

OCTOBER 1, 2022

Speakers will include Head of Beverages at Nestlé Professional, Patrick Stern, and Relationship Manager at Perfect Daily Grind, Nicholas Yamada. revenue growth in 2021, bolstered by rising Nespresso sales. Nestlé states Nespresso was a significant contributor to overall sales growth. Registration is now open. billion (US $2.86

2022 135

2022 2023 Point of Sale Webinar 135

Restaurant365

AUGUST 19, 2020

There are some general areas to focus on when starting to audit your human resources information systems (HRIS) and payroll systems. Teaching your policies, training your managers, and educating your employees about your code of conduct can help you respond quickly and transparently to any complaints that arise.

Restaurant Law 131

Restaurant Law Recruiting Employee Relations Food Safety 131

Restaurant365

MARCH 30, 2022

However, at some point, you may question whether it is time to purchase restaurant accounting software to get you out of the office and back to concentrating on good food and great service. 6 signs it’s time to take the leap from bookkeeping to accounting software. As a restaurant operator, you are the backbone of the restaurant.

Inventory 78

Inventory Audits Point of Sale Information 78

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

The Restaurant Times

JANUARY 14, 2022

This calamitous state of affairs emphasizes the dire need for an improved food management system. So, adequate food waste management measures in restaurants can do wonders for the overall food waste reduction goal. Globally, food waste generates 4.4 Gt of CO2e annually, accounting for 8% of GHG emissions. Choose Location.

Waste 98

Waste License Loyalty Program Website Management 98

Marketing4Restaurants

DECEMBER 6, 2021

If you don’t get them that first time you’re going to miss out on them as a customer and this brings us to the second point. It is a fundamental issue with so many restaurant owners in the game. . Getting New Customers for your Restaurant. The top of this is to find new customers. The top of this is to find new customers.

Marketing 98

Marketing Email Marketing Social Media Download 98

Modern Restaurant Management

JUNE 3, 2021

This edition of MRM Research Roundup features What Feeds Us, top delivery apps, popular drinks and who is winning the chicken wars. The State of What Feeds Us. Bluedot released the fourth installment of its State of What Feeds Us report which has kept tabs on consumer behavior and restaurant habits throughout the course of the pandemic. Drive-Thrus.

2021 189

2021 Fast Casual Mobile Ordering Guest Recovery 189

Clover - Restaurants

MAY 3, 2024

City and state health departments monitor local restaurants to ensure they’re following food safety management program guidelines. Additionally, in order for restaurant leaders to operate as a certified safe food handler , such as managers and chefs, they must pass assessments related to food safety and risks like foodborne illnesses.

Kitchen Safety 52

Kitchen Safety Food Safety Food Food Supply 52

The Restaurant Expert

FEBRUARY 14, 2019

You must, and I mean MUST, audit your timekeeping in your restaurant point of sale (POS) system. This audit will cut labor cost. Be sure to visit our YouTube channel for more helpful restaurant management video tips. . It’s a prime area where restaurant owners get robbed on labor cost. Download it here.

Audits 54

Audits POS Point of Sale Download 54

Ken Burgin

FEBRUARY 8, 2022

The sales term is ‘grease the slide’ – removing any friction that stops a customer completing a sale. Amex fees are a bit higher, but ‘no Amex’ rules get people offside, especially if they want the points. Nothing should interrupt a customer who’s keen to give you money!

Mobile Ordering 60

Mobile Ordering Merchandise Online Ordering Point of Sale 60

Perfect Daily Grind

AUGUST 21, 2022

However, with consumers becoming increasingly conscious of their environmental impact, it’s clear that more and more businesses need to adapt and move away from disposable cups. According to Clean Water Action , the US alone uses some 130 billion disposable cups per year – which includes coffee cups. But how do these initiatives work?

Waste 141

Waste Recycling Compost Café 141

Modern Restaurant Management

DECEMBER 21, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their perspection on 2020: What lessons did you learn and what do you feel the restaurant industry learned this year? That’s why we decided to donate 10 percent of sales of our off-premise take-out and delivery platform to No Kid Hungry.

2020 197

2020 Kitchen Safety Food Safety Loyalty Program 197