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As we step into 2025, the restaurant, bar, and hospitality industries are experiencing transformative shifts driven by evolving consumer preferences, technological innovation, and economic dynamics. From reimagining workflows to enhancing guest interactions, technology is shaping how restaurants, bars, and hospitality businesses operate.
The holiday season brings bustling crowds, higher sales, and festive celebrations, making it a prime time for restaurants and bars. Secure Deliveries and Inventory The holiday rush often means more frequent deliveries. Maintain an updated inventory system to quickly identify discrepancies or shortages.
Finding a well-rounded bar manager can be the determining factor in the success of your business. They play a big role in overseeing your inventory and attending to customer complaints. Through the right interview questions, you can find a manager who doesn’t just fit the job but can boost your bar’s reputation.
Managing Inventory The first area of focus for any waste elimination strategy is your restaurant’s approach to ingredients. Automated inventory controls are becoming more accessible to even small restaurants, so implementing these throughout your organization is worth implementing. The rewards are certainly well worth the effort.
A bar is a profitable business option if you’re looking to enter the food industry. However, understanding how to calculate and improve your bar's profit margin is key to long-term success. One key area to focus on is drink sales, with cocktail sales accounting for about 23% of a bar's revenue.
Problem: Excessive mingling This is a prevalent issue in restaurants, especially ones that offer full bar service. For example, BlueCart , an online and mobile ordering/inventory management platform for the hospitality industry. Predictive technology measures your on-hand inventory and alerts you when it dips below par levels.
Choosing the best POS system for bars in 2025 is essential for streamlining operations, enhancing customer experience, and maximizing profits. A modern POS system for bars goes beyond just processing paymentsit helps with inventory management, staff scheduling, and real-time sales tracking. Pricing starts at $9.99/month.
For bar owners, understanding your liquor cost isn’t just helpful—it’s essential. Whether you're running a dive bar, a craft cocktail lounge, or anything in between, knowing how much you're spending on alcohol compared to how much you're bringing in is a key component of profitability.
“Through expansive experiences that inspire our guests paired with the ambiance of the space and the food on the plate, we’re setting new standards for the industry and creating truly spectacular moments for all who enter our restaurants and bars.”
Integrating mobile inventory systems with POS platforms simplifies restaurant operations by automating inventory updates, reducing errors, and providing real-time insights. Here’s what you need to know: Benefits : Real-time stock updates, improved accuracy, and smarter inventory planning.
There will likely be a bar with some food options, room service (sometimes 24 hours per day), a poolside seasonal caf, Sunday brunch, and multiple banquet rooms that at times will have simultaneous events taking place.
By Heather Langley, Contributor The hospitality environment evolves at a rapid rate, and bars and restaurants must continue adapting to the ever-changing needs of the consumer. By integrating it with your other systems, you are able to grow your restaurant and manage your inventory, employees, and sales data with ease.
It's not just the merch on the menu that is driving traffic to the brand with a misison to create spaces that blend sports and leisure and offer innovative cocktails, next-level architecture and high-end designer decor with elevated bar bites, retro games, and exclusive event nights. BUT most importantly I put it on all staff!
One of the most effective tools for achieving this is mobile inventory management. This system helps restaurant owners and managers track stock in real-time, reduce waste, and maintain optimal inventory levels. By automating inventory processes, restaurants can save time, improve accuracy, and enhance overall efficiency.
Cloud-Based Inventory Management Inventory is one of a restaurant's most crucial assets , and ensuring a smooth transfer from one location to another can be daunting. Cloud-based inventory management systems help streamline this process by allowing restaurant owners to track and update their inventory in real time.
This discussion will provide a roadmap for mastering the art of accounting in the world of restaurants and bars. Key Takeaways Understanding hospitality accounting is crucial for efficiency, profitability, and making informed business decisions in restaurants and bars. But, why is this so crucial to your business’s success?
When integrated with other systems, it allows for easy syncing with online orders and real-time inventory management, making operations smoother and more organized. Staff and Inventory Management: Proper scheduling and inventory management are crucial for independent restaurants.
68% of diners plan to celebrate at restaurants or bars this holiday season, so having enough people in place is essential. A great restaurant manager will monitor inventory closely to reduce waste and make the most of bulk ordering and negotiating with suppliers. Clear communication is also key.
Running a successful bar or restaurant starts with understanding all your expenses. In fact, the financial health of your business largely depends on how well you manage your inventory and both fixed and variable costs.
And who on Earth asked for a matcha latte made in collaboration with some inventory software company ? Everything has to be as weird as possible to even make a dent in the social media landscape; Who cares about a new candy bar even if its made with protein unless it has a name like Hormbles Chormbles ? But attention is not success.
Ideally, you should be tracking these with inventory management software. If you want to get that granular, inventory management software is the way to go. Before we were doing our inventory by hand. That way you're comparing apples with apples. Menu item cost Ask your chef or kitchen manager for the cost of each item.
The next youre racing to keep inventory stocked while customers wait for tables. Master Inventory Control Inventory mistakes cost you. A robust bar and restaurant POS system can simplify thislearn more at Harbortouchs bar and restaurant POS page. Running a restaurant is a demanding job. Operational Efficiency 3.
Restaurant and bar scams are more common than many business owners realize—ranging from cash skimming and inventory theft to fraudulent voids and unauthorized discounts. Fortunately, modern solutions like smart POS systems are transforming how restaurants and bars detect and prevent fraud in real-time.
You can use five minutes before service to talk about what happened yesterday, why your labor ran hot, or how the bar team crushed upsells. Break it into milestones they can see and reach, like managing labor for an entire week or taking full responsibility for inventory counts.
I just got back from the Bar & Restaurant Expo in Las Vegas. Every year, SpotOn CPO Bryan Solar (center) comes back from the Bar & Restaurant Expo energized. Think: digital pouring machines, automatic liquor inventory tools, and small-keg pre-mixed cocktails. This year, both were easy to spot. But what really stood out?
Integrations : Connect with loyalty programs, delivery platforms, and inventory systems for seamless personalization. Improves Operations : Smarter inventory and menu management. Rely on inventory management tools to avoid running out of popular items. Increases Sales : Personalized recommendations drive purchases.
Small spaces can obviously help save on price-per-square-foot costs, they naturally reduce energy consumption, encourage precise inventory management, and enable more intentional material choices – all of which dovetail nicely with sustainability goals. How does it dovetail with sustainability goals?
Super Bowl Sunday is one of the busiest days for restaurants and bars, as fans gather to enjoy the game, food, and drinks with friends and family. This can encourage current customers to stay longer and also attract new ones looking to hop between bars and restaurants during the break.
Whether you’re connecting loyalty programs, online ordering, or inventory tools, open APIs make it possible to tailor your POS to match your exact operational needs. Track Inventory and Purchasing Seamlessly with a Customizable POS System A daunting task for any restaurant manager or owner, digitized inventory is a dream come true.
Both brand and operators surveyed report that their AI investments are generating a high impact today in customer experience (52 percent of brands, 84 percent of operators) and inventory management (35 percent and 25 percent), among other areas. Tequila also saw a light four-percent lift, hinting at new summer drink trends.
By closely monitoring and optimizing this percentage, restaurants can better manage their inventory, minimize waste, and lower their overall expenses, ultimately maximizing cost reduction. Prevent food waste to cut costs Food waste is a common and expensive issue for restaurants and bars. Food cost control is crucial.
A digital waitlist with table inventory accurately calculates how long the wait will be for your patio using data from your restaurant. This situation tends to happen more often on the patio since it's further from the bar and kitchen. But quoting wait times that are too long could cause waiting parties to dine elsewhere.
Sample Bookkeeping for Restaurants and Bars: In the hospitality industry without precise record-keeping, even the most successful establishments can find themselves adrift, struggling with cash flow, compliance, and ultimately, profitability. Inventory Valuation: Conduct a physical inventory count and value all inventory.
It also provides you with the facility to control your entire inventory from one hub may be the head office or the department head. A typical POS system is broken down into several different components, such as those relating to the keyboards, bar code scanners, small printers, touch-screen monitors and cash drawers.
Lavu Point of Sale has pioneered iPad point of sale systems, giving restaurants and bars a unique and modern functional advantage. With real-time inventory tracking and staff performance insights, restaurants can reduce waste and boost efficiency. Can a POS system boost restaurant efficiency and reduce labor costs?
At its annual Leadership Experience in Las Vegas, Starbucks convened partners to reinforce simpler menus, ceramic cups, condiment bars, four-minute service targets, and the new Global Barista Championship, aiming to restore its coffeehouse roots and improve the customer experience.
From managing orders and tracking inventory to analyzing sales data in real time, today’s POS systems are essential tools for restaurants of all sizes. When asking what is a POS system for a restaurant for, most people don’t think about inventory. Inventory tracking is essential for owners and managers.
Whether you run a quick-service café or a full-service restaurant, switching to an iPad POS system in 2025 can streamline everything from order-taking to inventory management. Actionable insights : Real-time analytics help optimize sales and inventory. Simplified management : Automates inventory tracking and staff scheduling.
In a fast-paced restaurant environment, even small losses can add up quickly—whether it’s from employee theft, inventory errors, or unauthorized discounts. Modern POS systems offer powerful tools to track transactions, monitor staff activity, and tighten inventory control—all in real time. That’s where technology steps in.
From streamlining orders to managing inventory and staff, these systems provide the tools restaurant owners need to stay competitive in 2025 and beyond. Data Insights: Real-time data helps optimize staffing, menu adjustments, and inventory. From order management to inventory tracking , it provides a streamlined experience.
Whether it’s speeding up order times, improving inventory management, or boosting loyalty programs, every tool should serve a purpose. – Mary Fabro, Chief Operating Officer, Hostme Running a bar has always been about creating an experience, but five years after the pandemic, that experience looks a little different.
Here’s how it can transform your business: Boosts Efficiency: Automates orders, payments, and inventory tracking to reduce errors and save time. Reduces Food Waste: Tracks inventory in real-time, minimizing overstocking and shortages, saving up to 10% of annual revenue. Real-time inventory tracking is another key feature.
Optimizing the Bar Program with Digital Tools Beverages, especially alcoholic ones, offer some of the highest profit margins in the restaurant industry. To enhance profitability: Implement an inventory management software to track liquor usage and reduce waste. Partnering with food waste apps to sell surplus inventory at a discount.
Crisping tender dark meat and refilling syrup jars is one thing, but optimizing table service, managing reservations, and tracking inventory was a whole new challenge. When a New Year’s Eve pop-up drew upwards of 300 people, Moore and Chef Judy knew they were on to something.
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