Hot Schedules

NOVEMBER 3, 2021

With the very food and beverages your restaurant relies upon to operate no longer assured, knowing who to trust and what to expect over the coming months becomes essential. The market for food and beverage products infused with CDB oil is growing with coffee shops and cafes. Related Posts. Read More Is it a Win-Win?

Hotels 148

Hotels 2022 Menu Tip Distribution 148

Restaurant365

JANUARY 5, 2021

Additionally, businesses applying for a PPP loan can also apply for Employee Retention Tax Credits (ERTC), if the credits are not applicable to wages paid with forgiven PPP loan funds. Business must have fewer than 300 employees. It will also be linked within this blog post once it is available.). Good news for restaurants.

Insurance 148

Insurance Small Business Employee Relations 2021 148

Restaurant365

MAY 26, 2020

For a restaurant, this includes your food and beverage ingredients, as well as other supplies like napkins, coffee filters, etc. Your labor cost includes labor expenses such as wages for both salaried and hourly employees, payroll taxes, health or workers compensation insurance, and any benefits you offer. CoGS (Cost of Goods Sold).

Point of Sale 148

Point of Sale Employee Relations Inventory Insurance 148

Restaurant365

AUGUST 19, 2021

There are four fundamental categories for expenses: Cost of Goods Sold (CoGS), also known as food cost (cost of all food and beverage ingredients). Labor costs (employee wages, payroll taxes, employee benefits, etc.). Labor costs (employee wages, payroll taxes, employee benefits, etc.).

Inventory 147

Inventory Management Management Employee Relations 147

Hot Schedules

MARCH 4, 2021

There were encouraging success stories in every segment, from ghost kitchens to virtual concepts to retail offerings, including full service and hotel food & beverage. Related Posts. Effective human resources administration is table-stakes for keeping your employees happy and engaged. Watch the Webinar On-Demand.

Webinar 134

Webinar Employee Relations Point of Sale Retail 134

7 Shifts

JUNE 16, 2024

In 2020, the number of establishments in the food and beverage industry was estimated to be 23.1 You can give your customers 1 point for every $10 they spend at your restaurant (the price point depends on how much you're selling your food and beverages; just make sure to set an achievable price).

Marketing 195

Marketing 2024 Email Marketing Social Media 195

Hot Schedules

OCTOBER 29, 2021

In case you’re not familiar, in most states, businesses that have employees that make tips are allowed to pay a wage that is below the Federal Minimum Wage of $7.25/hour. The idea is that tips earned by the employee would be used to make up the $5.12 A tipped employee performs tip-supporting work for not more than 30 minutes.

Employee Relations 146

Employee Relations 2021 Beverage Sourcing 146

Restaurant365

OCTOBER 15, 2021

With the help of actionable data and reporting, store managers can help control labor costs, without negatively impacting the customer experience or employee retention rates. Here are a few helpful labor cost terms, along with how they are related to your total labor cost. Hourly Employees. Salaried Employees.

Management 148

Management Management Point of Sale Employee Relations 148

Restaurant365

JANUARY 11, 2022

With an automated manager log, you can view your restaurant’s performance metrics, tasks, logs, accounting transactions, and scheduled employees — all in one report. Optimize employee productivity using a manager log. Track the status of staff tasks and view flagged entries to optimize employee productivity. Visualize trends.

Management 158

Management Management Employee Relations Communication 158

Paper Chase Accountancy

MAY 30, 2025

This blog aims to demystify the financial intricacies of the hospitality industry by providing a practical, sample bookkeeping structure specifically designed for restaurants and bars. Tip Tracking: Record all tips, whether cash or credit card, for each employee. Investigate and reconcile any discrepancies. Submit payroll taxes.

Bar 52

Bar Cash Management Point of Sale Back of House 52

Restaurant365

AUGUST 19, 2020

For food service and hospitality in particular, an essential part of the guest experience is the interaction with employees. In addition, in the age of social media, your labor practices and HR policies are under closer scrutiny than ever by both your employees and the public. Design an employee onboarding process.

Restaurant Law 131

Restaurant Law Recruiting Employee Relations Food Safety 131

Restaurant365

JANUARY 11, 2022

With an automated manager log, you can view your restaurant’s performance metrics, tasks, logs, accounting transactions, and scheduled employees — all in one report. Optimize employee productivity using a manager log. Track the status of staff tasks and view flagged entries to optimize employee productivity. Visualize trends.

Management 142

Management Management Employee Relations Communication 142

Restaurant365

DECEMBER 11, 2020

Your Cost of Goods Sold (CoGS) is the total cost of your food and beverage ingredients over a specific period of time. Focus on attracting, hiring and retaining the right employees. Effective employee management is key to the long-term health of your business. Create a safe, healthy atmosphere for your customers and employees.

2021 136

2021 Cash Management Management Management 136

Restaurant365

JANUARY 28, 2020

It may take a minimum of three employees to run a small restaurant, regardless of sales. But labor becomes more efficient as it increases, so while an increase of $70 in sales per hour may mean you need to add a fourth employee, you may not need to add a fifth employee until you have an additional $100 in sales per hour.

Inventory 145

Inventory Employee Relations Seasonal Menu Customer Experience 145

Focus POS

AUGUST 19, 2020

Can you serve alcohol on your patio, or allow guests to bring their own beverages? Post clear directions in bathrooms and hand-washing stations to remind customers and employees to wash their hands thoroughly, for at least 20 seconds with soap. Are you familiar with the noise ordinances in your area? .

Seating 174

Seating Outdoor Restaurant Law POS 174

Restaurant365

JANUARY 7, 2020

The restaurant industry knows that high turnover and unengaged employees can be costly. Operationally, unhappy employees can prevent a culture of accountability, call in late, or become no-shows, leaving you with an understaffed operation. Overview of How Employee Mobile Apps Have Improved Restaurant Management.

Mobile Ordering 120

Mobile Ordering Employee Relations Hiring Point of Sale 120

Restaurant365

SEPTEMBER 23, 2021

Revenue: all sales for food and beverage, plus any other revenue-generating activities like events. A chart of accounts as part of a restaurant-specific accounting system enables you to record and track food and beverage purchases in detailed accounts (e.g., Expenses: food costs, bar costs, and any marketing or equipment costs.

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Restaurant365

MARCH 10, 2020

Because food and beverage costs make up a large part of a restaurant budget, your inventory method has large implications for your bottom line. Restaurant inventory management is the process for monitoring the food and beverage ingredients for your restaurant in real time. What is Restaurant Inventory Management? Record Waste.

Inventory 103

Inventory Management Management Waste 103

Focus POS

JUNE 27, 2019

Make sure you clearly define your standards for both, and communicate them to your employees. The right solution can provide better order accuracy, improve employee communication, and increase speed of service. Don’t arbitrarily assign a particular number of employees to shifts. Watch inventory. Properly staff. Set schedules.

Management 121

Management Management Franchise Franchising 121

Paper Chase Accountancy

MAY 21, 2025

This blog delves into how Paperchase’s comprehensive suite of services transcends mere compliance, acting as a catalyst for growth, enhanced profitability, and unwavering long-term stability for hospitality ventures worldwide.

Hospitality 52

Hospitality Sustainability Cash Management Hotels 52

360Training

JANUARY 22, 2020

While handwashing, food temperature monitoring, and other safety measures keep foodborne illness at bay, if you have a sick employee, there’s only so much these measures can do. Before you send every employee home that sneezes on a shift, learn when you should actually send your workers home when they are sick.

Uniforms 114

Uniforms Food Safety Employee Relations Agriculture 114

Restaurant365

DECEMBER 17, 2019

Recurring restaurant costs would include costs like lease or mortgage payments, employee salaries, food and beverage costs, utilities, insurance and permits. In addition, prioritizing training and retaining employees will not only save you money on recruiting costs, it will also help ensure better customer service.

Point of Sale 120

Point of Sale License Insurance Employee Relations 120

Restaurant365

MAY 25, 2022

According to the National Restaurant Association’s 2022 State of the Restaurant Industry, below is the percentage breakdown of adult (age 18+) consumers who say they would be likely to use the following options if they were offered by a restaurant in their area they patronize: Order and pay for food or beverages using a restaurant website: 74%.

Technology 78

Technology Mobile Ordering Social Media Online Ordering 78

Restaurant365

AUGUST 25, 2020

Food and beverage costs. Turnover, new employees, furloughs and layoffs can combine to complicate payroll. While the best way to increase your restaurant’s cash flow is to increase sales, this may be a greater challenge than controlling costs, especially in light of closed indoor dining and other pandemic-related. Mixed Costs.

Cash Management 97

Cash Management Seasonal Menu Inventory Email Marketing 97

Future Food

FEBRUARY 25, 2020

This significant downturn in trade is only the start of the equation with, as mentioned above, the further knock on effect of scaling back operating hours, laying off employees, significant reduction in purchasing food and beverages from local suppliers and temporary and permanent restaurant closures painting a bleak outlook in the short term.

Sustainability 88

Sustainability Social Media Communication Customer Experience 88

The Restaurant Group

APRIL 15, 2020

Food and Beverage is a relative term concerning a large part of the hospitality industry, and what goes into the development of these critical aspects of the bar and restaurant business involves much more than typical startup costs. Track usage throughout the week each day via end-of-day inventory.

Bar 78

Bar Inventory BOH Waste 78

Restaurant365

JUNE 17, 2022

Assess server performance: Analyzing servers’ performance can provide critical information related to employee sales and productivity. Perhaps Location A customers purchase a beverage with their meal 75% of the time while Location B only sells a beverage with each meal 60% of the time. Lever 2: Lower Food Costs.

Employee Relations 78

Employee Relations Seasonal Menu Customer Service Food Order 78

Restaurant365

JANUARY 4, 2022

The more frequently you count inventory, the better it can inform your ordering and other food-related decisions to help counter rising food prices. You can also track usage and yield on food items by location, enabling you to determine if you need to increase staff training or address incorrect portions or employee theft.

Inventory 148

Inventory Pricing Management Management 148

Restaurant365

JUNE 17, 2022

John Wang (no relation to Libby Wang) of Rocky Mountain Robotech said the software from his company turns a robotic server into a hostess, a runner, waitstaff and a host. I talked to Mark Calvillo, senior vice president, product, who introduced me to their Hire program, an easy-to-use applicant tracking system for potential employees.

Technology 78

Technology Front of House Back of House Mobile Ordering 78

Sling

DECEMBER 10, 2023

Note how the business manages its employees , markets its products, provides customer service , and develops its business model. For more information on writing a business plan for a food service establishment, check out this article from the Sling blog: Restaurant Business Plan: What To Include, Plus 8 Examples. your target market).

Restaurant Law 78

Restaurant Law Customer Service Customer Experience Employee Relations 78

Restaurant365

MARCH 10, 2020

Because food and beverage costs make up a large part of a restaurant budget, your inventory method has large implications for your bottom line. Restaurant inventory management is the process for monitoring the food and beverage ingredients for your restaurant in real time. What is Restaurant Inventory Management? Record Waste.

Inventory 78

Inventory Management Management Waste 78

Restaurant365

OCTOBER 23, 2019

Cost of Goods Sold (COGS) is the combined costs of food and beverage ingredients that were sold at your restaurant over a certain period of time. COGS totaled takes into account the ingredients that make up your food andbeverage sales, and related supplies (like napkins or coffee filters). Example of a Prime Cost Formula.

Point of Sale 74

Point of Sale Inventory Employee Relations Insurance 74

Hot Schedules

JANUARY 14, 2020

A slow, boring shift means employees receive lower tips and have less to do. These employees are then checked out or distracted on the job. Managers divide the sales revenue forecast by this number to determine how many employees they can put on the schedule. The time spent by a given employee differs for each scenario.

Employee Relations 78

Employee Relations Download White Paper Allergens 78

Restaurant365

AUGUST 4, 2020

Because food and beverage costs make up one of the two largest parts of your restaurant budget, your inventory method has large implications in your accounting. Restaurant inventory management is the process of monitoring your restaurant’s food and beverage ingredients in real time. How Your Restaurant Inventory Relates to Net Profit.

Inventory 78

Inventory Management Management Cash Management 78

Restaurant365

JUNE 24, 2020

Cost of Goods Sold (CoGS) is the combined costs of food and beverage ingredients that were sold at your restaurant over a certain period of time. CoGS totaled takes into account the ingredients that make up your food and beverage sales, and related supplies (such as napkins and takeout containers).

Point of Sale 78

Point of Sale POS Inventory Employee Relations 78

Restaurant365

JUNE 17, 2020

Your restaurant operations include many different expenses, from food and beverage to utilities. Your payroll is the process of calculating and distributing wages to your employees. Your labor cost includes the following: Wages for hourly and salaried employees. Employee insurance. Employee benefits. Payroll taxes.

Tip Distribution 78

Tip Distribution Point of Sale Employee Relations Restaurant Law 78

Black Box Intelligence

AUGUST 31, 2021

The keywords are then used to put the reviews into categories (such as food, beverage, service, value, ambience and intent to return) that we can track with sales and traffic year after year. Beverage satisfaction is also trending downward, with many guests citing quality issues, getting the wrong order or failing to receive drinks at all.

Social Media 98

Social Media Customer Service Online Ordering Customer Experience 98