The Restaurant Times

JUNE 11, 2021

A good POS system for restaurants contains features such as tablet billing, stock and inventory management, analytics and reports, CRM and many others. Installing a POS system for restaurants is the best way to do that. 8 Features To Look For In POS System For Restaurants. Managing a restaurant is a daunting task.

POS 52

POS Mobile Ordering Loyalty Program Online Ordering 52

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 186

2020 Website Management Online Ordering Point of Sale 186

Embrace the Suck

DECEMBER 25, 2019

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. Having worked as a consultant for a large foodservice distributor for 4 years, I learned a lot about their business.

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Food Truck Food Audits Tip Distribution 289

Modern Restaurant Management

JANUARY 8, 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. This trend reflects the growing popularity of drive-thru and fast-casual dining, coupled with the demand for digital technologies such as QSR digital signage and QR codes.

2024 212

2024 Loyalty Program Cash Management Customer Experience 212

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. Link your POS to the EFTPOS terminal. Are you still avoiding cards?

Mobile Ordering 60

Mobile Ordering Merchandise Online Ordering Point of Sale 60

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

The Restaurant Times

JANUARY 14, 2022

Globally, food waste generates 4.4 Gt of CO2e annually, accounting for 8% of GHG emissions. This is one of the reasons why food waste has been gaining momentum over the past few years. In the US, food waste and related packaging account for almost 45% of the material that goes into landfills. Choose Location. Get the Permits.

Waste 98

Waste License Loyalty Program Website Management 98

The Restaurant Expert

FEBRUARY 14, 2019

Check your employees’ pay rates in your POS system. You must, and I mean MUST, audit your timekeeping in your restaurant point of sale (POS) system. Your payroll company knows that, but your POS probably still shows the cook at $10. This audit will cut labor cost. Time equals money!

Audits 54

Audits POS Point of Sale Download 54

BNG Point of Sale

SEPTEMBER 2, 2021

The margin varies depending on several distinct factors, such as location and type of cuisine served. . Understanding profit margins is a vital skill to the success of any restaurant business and common restaurant operations. As a result, many restaurants work to the 30,30,30,10 rule, which looks something like this: . 30% food costs .

Food Truck 52

Food Truck Loyalty Program Food Point of Sale 52

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. Successful restaurant owners and operators don’t just provide great food. For food service and hospitality in particular, an essential part of the guest experience is the interaction with employees.

Restaurant Law 131

Restaurant Law Recruiting Employee Relations Food Safety 131

Restaurant365

SEPTEMBER 22, 2020

This covers the IT infrastructure that stores, processes, or transmits payment information, from a server POS terminal to your restaurant accounting software. Your point-of-sale (POS) system processes and stores enormous amounts of sensitive information. Why is PCI compliance important for restaurants?

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POS Point of Sale 2006 Technology 78

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

Restaurant365

MARCH 30, 2022

They can even be easily fed information from your POS machines to help you make sense of all that data you are collecting. 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.

Inventory 78

Inventory Audits Point of Sale Information 78

Restaurant365

APRIL 14, 2020

Instead, focus first on which menu items are your most profitable and popular, based on your recipe costing and historical sales. Schedule consistent restaurant food inventory audits in advance. Successful restaurant operations, in any kind of economy, depend on well-managed restaurant food inventory.

Inventory 109

Inventory Delivery Management Management 109

Harbor Touch

APRIL 17, 2018

Sales Tax Requirements. 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. They also may require a separate filing and collection, so be sure your records are accurate.

Employee Relations 97

Employee Relations Insurance Point of Sale Cash Management 97

Restaurant365

AUGUST 21, 2020

There are some general areas to focus on when starting to audit your human resources information systems (HRIS) and payroll systems. Successful restaurant owners and operators don’t just provide great food. For food service and hospitality in particular, an essential part of the guest experience is the interaction with employees.

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Blog Restaurant Law Recruiting Employee Relations 78

Ordyx

DECEMBER 19, 2019

​2019 marked the 10th consecutive year of record sales for the distilled spirits industry. While the influence of modern cocktail programs is not being tracked on a national scale, industry professionals are keenly aware that well-executed programs have a positive impact on an establishment's bottom line. ​​​I.

Bar 52

Bar Operations Point of Sale 2020 52

Ordyx

JANUARY 14, 2020

Secure your restaurant's point of sale systems. Point of sale systems are often left without protection, easily accessible for hackers, and full of valuable consumer information. ​Target learned this expensive lesson in 2013 when cybercriminals attacked the retailers' point of sale systems.

Point of Sale 52

Point of Sale Employee Relations Loyalty Program POS 52

Restaurant365

SEPTEMBER 30, 2019

All approval process workflows are accessible through a centralized email or dashboard, and an audit log tracks all decisions. Accounts payable, step-by-step. Accounts payable automation helps restaurants track accounts payable activity and is usually comprised of three steps: Step 1: Capture. Step 3: Pay.

Audits 60

Audits Cash Management Mobile Ordering Point of Sale 60

Restaurant365

AUGUST 12, 2021

But having this data stored in your point of sale (POS) system or other restaurant systems doesn’t mean anything by itself. For 21st-century companies, data is a powerful tool that can help improve nearly every area of business. To be successful, your organization needs to create a culture of actually using data.

Leadership 78

Leadership Inventory Hiring Point of Sale 78

Touch Bistro

MAY 10, 2021

Conduct a Food Waste Audit. Running a foodservice operation involves a lot of moving parts. 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

BNG Point of Sale

APRIL 14, 2021

Unfortunately, less-than-reputable POS providers are out there, and understanding fees associated with taking payment from customers isn’t easy, but knowing what to look for will help. The financial benefits outweigh the transaction costs, but you can still save some money on your POS system and credit card processing. Tiered Pricing.

POS 98

POS Point of Sale Customer Service Pricing 98

Notch

JANUARY 23, 2019

Fortunately, driving more restaurant sales isn't particularly difficult. The key is to reduce your costs and increase your sales. As an owner-operator, your restaurant likely sits at the center of your life. 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

Notch

JANUARY 23, 2019

Fortunately, driving more restaurant sales isn't particularly difficult. The key is to reduce your costs and increase your sales. As an owner-operator, your restaurant likely sits at the center of your life. 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

Restaurant365

JANUARY 22, 2020

Your point of sale system (POS) may be tracking your private company financials, and your internal communications may include intellectual property or confidential corporate information. 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

Restaurant365

DECEMBER 10, 2021

A period with seven weekend days, as opposed to one with nine, will likely generate much different sales and expense levels. For instance, if you run payroll weekly or bi-weekly, a four-week accounting period allows you to align labor costs with sales, informing accurate, useful labor cost calculations.

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Point of Sale Back of House Front of House POS 146

Apicbase

APRIL 5, 2024

By integrating software and hardware like POS systems and kitchen printers with back-of-house systems like accounting and inventory management software, restaurants can achieve greater efficiency, accuracy, and scalability. But automation in food service is much more than that. What Is Restaurant Automation?

Back of House 52

Back of House Front of House BOH Point of Sale 52

Modern Restaurant Management

SEPTEMBER 14, 2021

New & Notable spotlights the latest news restaurateurs need to know. TEAM Schostak Family Celebrates Anniversary and Employees. TEAM Schostak Family Restaurants (TSFR) is celebrating its 40th anniversary along with the anniversaries of employees that have been with the company for 20 years or more.

Food 162

Food Tip Distribution Guest Recovery Food Safety 162

Lavu

MARCH 11, 2020

From the introduction of point of sale (POS) systems to accounting systems, technology is changing the ways restaurants operate today. Keeping your procedures and systems up-to-date is a great method to streamline your operations, reduce overhead, and increase your day-to-day sales by getting more people through the door.

Management 78

Management Management Cash Management Mobile Ordering 78

Modern Restaurant Management

MARCH 11, 2020

This edition of MRM News Bites features a double dose from US Foods, SpotOn Transact, DoorDash Kitchens, Virtual Restaurant Consulting, Tripleseat and Gather, wagamama, Toast, The Gluten Intolerance Group, Instawork and StaffMate Online, Procurant and Yellofin, Sift, 7shifts, ParTech, Revel Systems and Como, Kabbage, Bluecrew and Cuboh.

Bar 127

Bar Cash Management Loyalty Program Point of Sale 127

Modern Restaurant Management

APRIL 2, 2020

Restaurant employees can apply online to receive a one-time, $500 check to use toward bills, including housing, transportation, utilities, childcare, groceries, medical bills and/or student loans. The Foundation will administer the grants, offered on a first-come, first-served basis. Live in the U.S., an overseas U.S. military base, or any U.S.

Healthcare 182

Healthcare Employee Relations Online Ordering Customer Service 182

Lavu

JANUARY 21, 2020

You can also use a tool like Sourcery to derive and process data from your POS system. 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. Saves Administrative Time and Effort.

Audits 78

Audits Back of House Point of Sale Front of House 78

Xtra Chef

DECEMBER 11, 2019

Restaurant accounting is certainly not the most glamorous part of running a restaurant. Yet, without proper restaurant accounting, it is impossible to control your finances and keep your restaurant in business. Restaurant accounting activities include everything from accurately recording transactions to creating detailed financial reports.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

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 12, 2023

They need to maintain consistency, provide excellent customer experience and optimise performance across a growing number of locations. Meanwhile, the market is changing at lightning speed. Some business leaders navigate those challenges noticeably better than others. What are they doing differently? It’s called operation excellence.

Operations 52

Operations Back of House Sustainability Front of House 52

EATER

APRIL 20, 2021

Individual venues can apply for grants of up to $5 million directly on the SBA website or through point-of-sale (POS) systems like Square, while restaurant groups can seek up to $10 million — as long as they have fewer than 20 locations and are not a publicly traded company. No firm date has been set.

Food Truck 108

Food Truck Document Small Business Point of Sale 108

Modern Restaurant Management

JUNE 19, 2020

In this edition of MRM News Bites, we feature links for PPP Forgiveness, new Yelp features and more products and services for restaurant recovery. PPP Forgiveness Links and EZ App. Did not reduce the salaries or wages of their employees by more than 25 percent, and did not reduce the number or hours of their employees; OR.

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Food Safety Customer Experience Website Management Employee Relations 119