Bar Cash Management Kitchen Safety Website Management 
7 Shifts
JULY 1, 2024
Running a bar is a lucrative business, proven by the fact that this industry is estimated to be valued at a whopping $36 billion in 2024. While this could be a rewarding venture, opening a bar is not exactly the same as opening a food business. How profitable is a bar?
7 Shifts
SEPTEMBER 16, 2024
The goal is to determine the total amount of cash flow that will be available to the new owner after accounting for these types of expenses. Profitability Showing consistent profits and positive cash flow can increase the perceived value of your restaurant. Another way is to apply a fresh coat of paint and repair any damages.
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7 Shifts
JANUARY 26, 2021
For both safety and ease, there isn’t a better option. With mobile ordering, there are no menus to pass out and back around, no germed-up credit cards to swipe, and no cash to handle. Kitchen display systems (KDS) eliminate the need to bring tickets back to the kitchen or handle a printer. Not just any—fishbowl cocktails.
7 Shifts
MARCH 10, 2021
This process includes focusing on your daily finances , such as cash flow, payroll, and inventory. Invest in Technology Accounting and inventory management software are just a couple of the technologies that small business owners should invest in. Adding a bar to that outdoor space can increase revenue even more.
Ken Burgin
AUGUST 6, 2022
Effective crisis planning and management is a must. Can we all be expert crisis managers or are some people better at it than others? Key staff resignations, equipment breakdowns, people issues, a kitchen fire or industry disputes – one way or another your turn will come.
Lavu
SEPTEMBER 29, 2023
Despite the vaccination efforts and safety measures implemented by restaurants, some potential employees may still be hesitant to return to work in this industry. Create a positive bar or restaurant work environment to retain restaurant staff. As a result, many workers had to find alternative employment in more stable industries.
Modern Restaurant Management
APRIL 27, 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. Best practices for calculating cash flow. To view all of the available resources or connect with a US Foods expert, visit the company’s website here.
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