7 Shifts

SEPTEMBER 7, 2021

Has the price of going to a restaurant increased? We found a 14% increase in the total price on a receipt. Either diners have switched to ordering the more expensive items off the menu, or we're seeing very strong inflation of prices on menus. The bottom line is that the price of going to a restaurant has increased.

Tip Distribution 370

Tip Distribution 2021 2019 Cash Management 370

Modern Restaurant Management

JANUARY 27, 2022

The restaurant industry is still dealing with pandemic-related issues, including supply chain disruptions, new COVID variants and surging cases, labor shortages, rising prices, and a shift in consumer demand. Audit differently. Train employees on food safety protocols, as well as additional COVID cleaning and safety practices.

Kitchen Safety 212

Kitchen Safety Food Safety Audits Food 212

Modern Restaurant Management

OCTOBER 12, 2023

To help recoup the cost of accepting cards, some restaurants are raising the prices of menu items, and others (where permitted by state law and merchant services agreement) are adding a credit card surcharge to bills. In April, Visa and Mastercard raised transaction fees which are estimated to cost U.S. business owners an added $1.2

Audits 179

Audits Restaurant Law 2012 Customer Service 179

Modern Restaurant Management

DECEMBER 14, 2020

Some of these marketplace collection laws were hastily enacted and state revenue agencies may still be issuing guidance, determining audit enforcement practices, and resolving practical implementation issues as they arise. For a retailer’s discount or coupon, the tax base is generally the discounted price. Exclusions.

Restaurant Law 207

Restaurant Law Presentation Audits Coupons 207

7 Shifts

AUGUST 2, 2023

Make sure to consider these key factors from both the administrative and employee perspective: Pricing: Consider whether the platform charges a flat fee (monthly or annual), a percentage of tips, or a combination of both. Example: Regular monitoring and auditing of the digital tip payouts will be conducted.

Tip Distribution 195

Tip Distribution Cash Management Employee Relations Audits 195

Modern Restaurant Management

MAY 10, 2022

Why should you and your staff spend hours counting inventory, auditing invoices, and combing through contracts? Nobody has time for that when there is a crowded dining room, to-go orders flying out the window and customers complaining about their favorite menu items going up in price. Partner with Supply Chain Experts.

Supplies 197

Supplies Food Supply Audits Inventory 197

Lavu

NOVEMBER 17, 2023

By staying on top of profit margins, you can make informed decisions about pricing, portion sizes, and operational costs, thereby improving your profit margins. Therefore, exploring effective ways to increase sales and carefully managing expenses, pricing, and menu offerings become vital strategies in maintaining a healthy profit margin.

Fast Casual 123

Fast Casual Fine Dining Food Truck Loyalty Program 123

Embrace the Suck

DECEMBER 25, 2019

They fear a PVA because then you are locked in a certain price and they are them set at a fixed commission rate and they don’t like that. It looks actually much better than the random pricing that your salesperson gives you now. What you want to ask for is margin instead of markup and you want it to be auditable.

Food Truck 289

Food Truck Food Audits Tip Distribution 289

Modern Restaurant Management

OCTOBER 18, 2022

Historically high gas prices are pushing consumers towards EV options. Elevate inspections and audits. Instead, rely on integrated tech tools for easier, faster, and more accurate inspections and audits. Audit suppliers to ensure they’re compliant before you work with them (and throughout your collaboration).

Audits 189

Audits 2040 Food Safety Consumer Goods 189

Perfect Daily Grind

AUGUST 7, 2022

This is a result of several complex issues, including low coffee prices and accusations of mismanagement. He adds that co-ops can also provide equipment, such as plant sprayers and pruning materials, and these are generally sold at lower prices than elsewhere on the market. Furthermore, one of the biggest issues, as ever, is price.

Operations 175

Operations Audits Agriculture Cash Management 175

Clover - Restaurants

MAY 15, 2024

The scanner reads the black lines and white spaces of a barcode to store information such as product details, prices, and inventory levels. Now you can scan the products you need to add to your next invoice, keeping your records clean with an audit-friendly paper trail. There are two types of scanners: laser and camera-based.

Inventory 52

Inventory White Paper Audits Waste 52

Modern Restaurant Management

APRIL 2, 2021

Self-Audit Your Lot and Define a Baseline for Repairs. Knowing there could be more damage than usual to restaurant parking lots after a couple of mild winters, it’s worth it for restaurant operators to take time to quickly audit their lot for damage before pulling in a contractor to help with repairs.

Audits 139

Audits 2021 Education Transportation 139

Modern Restaurant Management

MARCH 2, 2023

Some of the most common elements across these various consumer-driven businesses include pricing, location, environment, quality of goods and services, access, parking, and so on. Are your staff sufficiently trained in how to handle your customers? Do you meet the expectations your marketing creates? What is your payments strategy?

Operations 164

Operations Loyalty Program Mobile Ordering Consumer Goods 164

Modern Restaurant Management

OCTOBER 26, 2022

To help recoup the cost of accepting cards, some restaurants are raising the prices of menu items, and others (where permitted by state law and merchant services agreement) are adding a credit card surcharge to bills.

Consumer Goods 179

Consumer Goods Restaurant Law Audits Customer Service 179

Modern Restaurant Management

MAY 14, 2021

Audit the waste stream and try to identify current trends and how much waste is actually being generated. Whether that’s finding the lowest price in the area, managing missed pickups, or auditing monthly charges, they relieve the operator of the time it takes to oversee the program.

Waste 211

Waste Compost Recycling Food 211

Modern Restaurant Management

DECEMBER 16, 2021

Tight menus, for set prices, at times offering previously unapproachable product at approachable prices. To that end, we are also seeing heavy promotional activity for delivery and free delivery offers to invite trial, though note consumers are still paying a price premium for increased convenience. Smaller menus in general.

2022 180

2022 Food Supply Back of House Kitchen Safety 180

7 Shifts

FEBRUARY 12, 2021

According to recent data from the National Restaurant Association, restaurants overall sell for a median price of $150,000. The average price sits around half a million dollars, according to data from Restaurants for Sale. However, restaurant prices vary widely, based on region, location and type.

License 444

License Equipment Certification Information 444

Modern Restaurant Management

JANUARY 8, 2024

This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits. While you can not always control the commodity pricing, you can control how you manage it by reducing waste, optimizing efficiencies and leveraging margins.

2024 215

2024 Loyalty Program Cash Management Customer Experience 215

Hot Schedules

OCTOBER 5, 2021

Managing an array of food suppliers who can collectively deliver the quality goods you need in bulk at the lowest possible price (at the price you were quoted!) Details can be tedious, but it’s important that you have an agreed upon understanding of your product needs, expected pricing and payment terms. Keep Prices Competitive.

Food Supply 137

Food Supply Food Mobile Ordering Inventory 137

Modern Restaurant Management

SEPTEMBER 22, 2021

Make sure you do a projection and daily audit to ensure your payroll costs are commensurate with your current revenue. The price tag can blindside you if you are not ready, so you need to think carefully about the equipment you need to open your door. Remember that it can also be expensive to hire and train new employees.

License 178

License Employee Relations Equipment Food Supply 178

Tableo

JUNE 28, 2023

Include the cost of all the items used when calculating the price of each menu item. Regularly conduct inventory audits Performing regular inventory audits ensures accuracy in calculating food costs. Take these actions: Keep thorough records of all food purchases and stock levels.

Audits 40

Audits Inventory Reference Download 40

7 Shifts

DECEMBER 6, 2023

The Colorado minimum wage can potentially change every January , based on cost of living increases (as measured by Colorado’s Consumer Price Index). What is the minimum wage in Colorado? For 2023, the state minimum wage is $13.65 per hour, but this number will change again on January 1, 2024. The tipped minimum wage in Colorado is $10.63

Tip Distribution 221

Tip Distribution Restaurant Law Employee Relations 2024 221

Marketing4Restaurants

JANUARY 17, 2022

Then that person most likely is not price-sensitive, A booking for a family who’s going on a holiday? They’re probably a bit price-sensitive. The goal is to get maximum revenue by giving the right price to the right customer at the right time. Pricing – Consider raising your prices if you’re getting high demand.

Management 98

Management Management Airlines Website Management 98

7 Shifts

DECEMBER 6, 2023

The Colorado minimum wage can potentially change every January , based on cost of living increases (as measured by Colorado’s Consumer Price Index). What is the minimum wage in Colorado? For 2023, the state minimum wage is $13.65 per hour, but this number will change again on January 1, 2024. The tipped minimum wage in Colorado is $10.63

Tip Distribution 195

Tip Distribution Restaurant Law Employee Relations 2024 195

EATER

MARCH 29, 2024

Perhaps you remember the 1994 iteration, which featured a pig, cat, and other critters “auditioning” for an opportunity to be the Cadbury Bunny. That premium price is likely what kept the U.K.-made A television staple for anyone who grew up in the ’80s and ’90s, it starred a clucking bunny extolling the virtues of the Creme Egg.

License 125

License Audits Bar Consumer Goods 125

ChefMod

MAY 13, 2024

This helps culinary teams manage budgets effectively and make informed decisions about menu pricing and ingredient sourcing. Approval Workflow : AP automation tools streamline the approval process by providing an audit trail for compliance.

Cash Management 40

Cash Management Inventory Audits Management 40

Marketing4Restaurants

APRIL 20, 2021

Some of our talking points include understanding the costs that go into your business to better optimize pricing and expenses and setting a dynamic pricing strategy to get the maximum value across a broad range of customers. We’ve talked about increasing the prices of your food offerings to improve profitability.

Audits 98

Audits Airlines Seating Customer Experience 98

Modern Restaurant Management

JANUARY 13, 2020

Some common areas where creating a sound process can lead to improved efficiency include: Menu audits. Pricing events for happy hours and special occasions. Mobile phone manager alerts for voids and pricing event approvals. Employee scheduling. Employee time-off requests. New employee training. Deploying marketing campaigns.

2020 189

2020 Website Management Online Ordering Point of Sale 189

The Restaurant Times

DECEMBER 5, 2020

As the price of raw materials fluctuates throughout the year, it’s important to analyze your food costs regularly. At the time of deciding the menu prices, the price of certain ingredients might have been less. As a general practice, you can compare the prices of other vendors and your current suppliers. .

Menu 96

Menu Seasonal Menu POS Food Order 96

Chowly

FEBRUARY 23, 2024

However, challenges persist with rising prices across various categories, potentially impacting household budgets. Get a free menu audit Guest Trends Reflecting on 2023, 65% of patrons prefer the seamless convenience offered by kiosks over traditional in-person ordering.

2024 96

2024 Loyalty Program 2023 Point of Sale 96

Culinary Cues

DECEMBER 30, 2019

When rent is too high then something will suffer: raising prices to the consumer driving them away, cutting necessary staff, lowering the quality of ingredients or cutting portion sizes, minimizing your contribution to marketing, or ignoring those equipment repairs that will eventually haunt you. [] NOT PAYING ATTENTION TO THE EXPERIENCE.

Cash Management 268

Cash Management Point of Sale Leadership Website Management 268

EATER

MARCH 29, 2024

Perhaps you remember the 1994 iteration, which featured a pig, cat, and other critters “auditioning” for an opportunity to be the Cadbury Bunny. That premium price is likely what kept the U.K.-made A television staple for anyone who grew up in the ’80s and ’90s, it starred a clucking bunny extolling the virtues of the Creme Egg.

License 105

License Audits Bar Consumer Goods 105

7 Shifts

FEBRUARY 12, 2021

According to recent data from the National Restaurant Association, restaurants overall sell for a median price of $150,000. The average price sits around half a million dollars, according to data from Restaurants for Sale. However, restaurant prices vary widely, based on region, location and type.

License 195

License Equipment Certification Information 195

The Restaurant Times

JULY 28, 2021

Conduct Waste Audits. You need to conduct waste audits to know the exact amount of food waste that gets generated from various sources. The goals and benefits of the waste audit must be clear to the team so that it can proactively contribute to the audit and come together to refine the waste management system.

Waste 52

Waste Management Management Operations 52

Marketing4Restaurants

FEBRUARY 16, 2023

These are things like Menu Engineering that will help make your menu more accessible and have dishes that are reasonably priced and more. Another factor would be the pricing of your food and the ambience of your front of house. Don’t forget to check out our free Restaurant Website Audits.

2023 52

2023 Front of House Customer Experience Fine Dining 52

Aaron Allen & Associates

AUGUST 23, 2019

How to Reduce Food Cost Responsibly Is your menu properly aligned with existing and emerging consumer dining behaviors and trends that could impact purchase price, frequency, check average, and product preferences? Those who perform marketing audits shouldn’t just be able to answer “What are we doing?

Article 76

Article Audits Social Media 2009 76

The Restaurant Times

AUGUST 22, 2022

Research And Audit. Restaurant consultants will usually start their work by conducting research and auditing, both on your restaurant and the market. With the data collected from research and audit, consultants will pinpoint areas in your business that need improvement. Selecting property and location for the restaurant.

Audits 52

Audits Hiring Customer Service License 52