Culinary Cues

MAY 13, 2023

Each of those “departments” will require some level of unique kitchen management (sous chef) and specialists to support the uniqueness of function. As long as the checkbook has a credit balance they are in good shape (until predictable sales slump and cash flow turns the corner). This is very apparent in clubs, resorts, and hotels.

Hotels 426

Hotels Point of Sale Cash Management Training 426

Culinary Cues

JULY 14, 2023

If you are making a cash deposit – take an extra few seconds to make sure the bills are facing in the same direction, and not bent, properly counted, and double checked for accuracy. Then go about finding out how to be a world-class dishwasher, breakfast cook, prep cook, grill person cooking hot dogs, server, bartender, chef, or manager.

Cash Management 299

Cash Management Uniforms Food Supply Café 299

7 Shifts

OCTOBER 30, 2023

But restaurant owners, managers, and employees need to be aware of the labor laws and protections in place in the Sunshine State, like Florida’s unique approach to the minimum wage— which is steadily on the rise. Minors may not serve, pour, bartend, or sell alcoholic beverages. Employers must pay tipped employees at least $8.98

Restaurant Law 221

Restaurant Law Certification Food Safety Cash Management 221

Ken Burgin

FEBRUARY 15, 2022

The best way to manage this paradox is to have some supplier tips and tools up your sleeve – here are some suggestions. The primary source of tension between a hospitality business and a supplier is a difference in cash flow. The post How to Get a Better Deal from Food & Beverage Suppliers first appeared on Ken Burgin.

Beverage 68

Beverage Tip Distribution Seasonal Menu Food 68

Culinary Cues

DECEMBER 17, 2020

A reduction in restaurant business leads to crop waste, unplanted land, and serious cash flow problems for farmers. Here are some of the other businesses that suffer when a restaurant closes, sometimes they too cannot survive as a result: [] Regional Farmers: A significant percentage of farm crops are dedicated to restaurants.

Uniforms 470

Uniforms Cash Management Brewery Consumer Goods 470

Modern Restaurant Management

SEPTEMBER 1, 2023

Inefficient restaurant inventory management practices, improper storage, gaps in inventory logs, theft, and waste can cause even the most successful kitchens to struggle or fail. Below are the top seven inventory management mistakes restaurants are making, and how to correct them. Always date and label everything.

Inventory 168

Inventory Management Management Cash Management 168

Restaurant365

SEPTEMBER 23, 2021

Whether you’re a bookkeeper, accountant, restaurant owner, or store-level manager, understanding the basics of accounting can pay dividends for your business. Healthy accounting procedures for restaurants can help you manage food and labor costs, understand your profits and losses, and make strategic decisions about expenses and investments.

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Modern Restaurant Management

JANUARY 8, 2024

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits.

2024 208

2024 Loyalty Program Cash Management Customer Experience 208

7 Shifts

MAY 25, 2020

If you’re using a task management app like 7tasks , ensure that each task is assigned to a specific person to enforce accountability—and have your managers check the task list progress throughout the shift. First, try to take payment in advance so that customers and your staff do not need to handle cash or a credit/debit machine.

FOH 338

FOH BOH Kitchen Safety Cash Management 338

Restaurant365

DECEMBER 11, 2020

As 2021 begins, there are many restaurant management best practices that can be applied to strengthen your business, in the short and long term. Manage cash flow by creating a cash flow forecast. Your total cash flow is your cash inflows (for restaurant. over a certain period of time.

2021 136

2021 Cash Management Management Management 136

Modern Restaurant Management

AUGUST 19, 2020

Knowing that beverages offer the longest shelf life and highest margin, BevAlc is taking center stage for restaurants owners. As the world of hospitality attempts to recover from the impact of Covid-19, maintaining cash flow and slowly building up revenue are key elements to any establishment’s ability to survive.

Cash Management 227

Cash Management Point of Sale Consumer Goods Small Business 227

Restaurant365

AUGUST 25, 2020

Comprehending your restaurant cash flow is essential to running your restaurant business. Cash flow refers to the amount of cash coming into your restaurant minus the amount of cash going out on a daily, weekly or monthly basis. Common factors that cause cash flow issues. Too much inventory. Unexpected expenses.

Cash Management 97

Cash Management Seasonal Menu Inventory Email Marketing 97

Restaurant365

MARCH 5, 2020

From cloud-based POS systems to mobile apps designed to improve employee satisfaction and streamline scheduling, technology is bettering business and changing the landscape of restaurant management. So why is it that alcohol management is lagging? The problem with outdated alcohol management.

Blog 146

Blog Management Management Cash Management 146

7 Shifts

OCTOBER 20, 2022

Specifically, The DOL applied the updates to the amendments that occurred in 2018 in section 3(m) and other sections in the Fair Labor Standards Act: First, employers, supervisors, and managers cannot keep employee tips under any circumstances, even in a tip pool. Managers that have the authority to fire employees cannot be included.

Tip Distribution 195

Tip Distribution Restaurant Law 2023 Cash Management 195

Crunchtime

FEBRUARY 7, 2024

Historically, operators have relied on paper checklists and field management teams to roll out and enforce their standard restaurant operating procedures and as part of their retail operations management. Standard restaurant operating procedures help staff and leadership do their jobs better and ultimately, make customers happier.

Operations 78

Operations Audits Cash Management Food Safety 78

Modern Restaurant Management

AUGUST 16, 2023

Many food and beverage establishments have seen success with technology — such as contactless options, automation to support changing workforces and innovative customer loyalty strategies — in their endeavors to meet the demand for safer and more convenient dining experiences. Gone are the days of cash-only transactions.

Loyalty Program 164

Loyalty Program Mobile Ordering Dietary Restrictions Point of Sale 164

Bottleneck Management

JANUARY 12, 2023

Regardless of the reason you may choose to participate, there are quite a few benefits from taking just one month away from our favorite beverages. Taking a month off is a great way to save a little cash after the holidays. The post Dry January Mocktails appeared first on Bottleneck Management Restaurant Group.

Cash Management 148

Cash Management 2013 Beverage Document 148

Modern Restaurant Management

JULY 25, 2023

As a restaurant owner, managing your finances effectively is crucial for the success and growth of your business. These incentives can help reduce your tax liability, increase cash flow, and promote business expansion. FICA Tip The FICA Tax Tip Credit is a federal tax credit available to businesses that have employees who receive tips.

Cash Management 88

Cash Management Government 2025 2023 88

Restaurant365

JUNE 9, 2020

By generating a budget for your controllable costs , you can create a clearer path for your cash to move. Assessing this movement by ensuring that the budget is maintained and that invoices are entered daily will help you better manage your cash flow each month. Manage your cash flow. One of these costs is labor.

Cash Management 97

Cash Management Management Management Small Business 97

Hot Schedules

MARCH 27, 2020

This money will provide cash assistance to tipped restaurant workers, delivery drivers, personal service workers, and others affected by the pandemic and the economic downturn. . If you are a food or beverage service employee who has been diagnosed with COVID-19, apply here. Managing Inventory in the Days of COVID-19.

Employee Relations 148

Employee Relations Cash Management Beverage Restaurant Law 148

7 Shifts

JANUARY 23, 2020

This advice were submitted by owners and managers of restaurants of all sizes, concepts, and locations in the forthcoming 7shifts Restaurant Labor Management Study in 2020 ( subscribe to get your copy when it’s published!). Manager, Mercato Italiano. Everyone can sell food and beverages, the differentiation is in the details.

2020 335

2020 Hiring Cash Management Education 335

Xtra Chef

JUNE 16, 2020

xtraCASH is our new product that allows restaurant operators like you to earn as much as 1% cash back on purchases simply by turning invoice capture into insights and cash. Here’s everything you need to know about this exciting product release: Turn Paper Invoices into Cash. Click here to start earning extra cash today!

Cash Management 80

Cash Management Mobile Ordering Document Food Order 80

EATER

JULY 14, 2022

Inside the sealed cans are wads of Saran-wrapped cash that amount to over 300,000 dollars, a ragtag failsafe system that was set up by Mikey — owner Carmy’s dead brother — to insure that the restaurant would stay afloat financially once Carmy took over. Why does a restaurant need a 1-to-1 ratio of can openers to kitchen staff? closed now?

White Paper 110

White Paper Cash Management Back of House Insurance 110

Ken Burgin

NOVEMBER 15, 2021

The wine list is an essential part of your restaurant or hotel beverage service, so let’s apply intelligent design and business thinking to increase profits and ensure it appeals to the greatest number of people. Make Wine & Beverages a Pillar of your Marketing Calendar. Manage your Stock for Carrying Cost and Security.

Point of Sale 147

Point of Sale Back of House Beverage Email Marketing 147

Clover - Restaurants

APRIL 23, 2024

An existing restaurant also has an established cash flow, as well as a system in place for managing inventory, staffing, and running the kitchen. There’s no guarantee that employees will stick around for a change of management or if you start changing the operating model. Is the real estate owned or leased?

Point of Sale 52

Point of Sale Cash Management Franchise Franchising 52

Restaurant365

NOVEMBER 18, 2021

Your restaurant orders, receives, and counts food all in one system: your inventory management software. Your inventory management solution measures and stores all the information you need about your food cost. After all, restaurants have historically offered same-day take home pay in the form of cash tips for front-of-house workers.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

Lavu

OCTOBER 13, 2023

Efficiently manage reservations: Ensure that the booking system is organized and avoids overbooking to prevent delays in table turnover. Use technology, such as a restaurant management software, to track who chose to reserve a table, and manage waitlists effectively. This allows for better planning and faster turnover.

Seating 173

Seating Mobile Ordering Customer Service Cash Management 173

Modern Restaurant Management

MARCH 3, 2020

Nair, a partner at Ervin Cohen & Jessup LLP compiles recent legal news affecting the restaurant, food and beverage and hospitality industries for Modern Restaurant Management (MRM) magazine. Litigation. The bill was approved by the City Council on January 23, 2020. .”

2020 108

2020 Restaurant Law Employee Relations Mobile Ordering 108

Lavu

JANUARY 21, 2020

Businesses in the restaurant industry generate most of their revenue from selling food and beverages. Let’s have a look at the major accounting methods used by small restaurants: Cash Accounting Method. The cash accounting method is based on cash transactions. Example of Restaurant Cash Accounting.

Cash Management 78

Cash Management Point of Sale Small Business Customer Service 78

Lavu

JANUARY 21, 2020

Every restaurant owner and manager needs to review this report on a daily basis to get a picture of how the restaurant is performing. The report provides valuable information on the restaurant’s sales, taxes, tips, discounts, credit card fees, refunds, comps, cash short or over, and more. Cash Flow Forecast (Weekly Report).

Cash Management 78

Cash Management Point of Sale Information Beverage 78

Ken Burgin

DECEMBER 12, 2023

Not as glamorous as the cool and creative ones who are bubbling with new ideas for marketing, management and all the hot topics. They make the least demands on management time. They look for an organised workplace and an intelligent manager, because they usually know the right way to do things.

Cash Management 68

Cash Management Uniforms Consumer Goods Management 68

Culinary Cues

APRIL 30, 2020

The only way that they may be able to stay in operation is to become very efficient in how they buy, prepare, and serve food and beverage. Cash Flow: Restaurants should not view profit as a goal during Phase One. Profit will still be elusive, but solid management of expenses can result in breakeven.

Point of Sale 306

Point of Sale Customer Service Customer Experience Cash Management 306

Lavu

DECEMBER 20, 2019

Under Internal Revenue Service regulations , employees must keep a daily record of the cash and non-cash tips received, either directly or indirectly. amount of cash tips to their employer by the 10th of the following month. Employees must report any non-cash tips on. Inventory Management. reported tip income.

Cash Management 78

Cash Management Point of Sale Employee Relations Inventory 78

7 Shifts

DECEMBER 8, 2020

Recommended Reading: Restaurant Task Management: How to Communicate Tasks to Staff 4. This one comes from 7shifts’ Client Success Manager, Katy Gonzales, also a hospitality alum (We said there were a lot of us!). Cash , while it might seem like a good idea, can come across as too impersonal in some cases.

Front of House 370

Front of House Social Media Employee Relations Back of House 370

Modern Restaurant Management

SEPTEMBER 14, 2022

AI can assist restaurants in optimizing how they manage and operate menus to increase margins. But they have tons of cash to burn on such gimmicks, right? Inventory Management: Integrating inventory with your point of sale (POS) systems is an essential AI capability that every restaurant needs. Role of AI in Back of House.

Front of House 187

Front of House Mobile Ordering Loyalty Program Back of House 187

Modern Restaurant Management

DECEMBER 21, 2022

Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. " – John Oakes, Revenue Management Solutions CEO. Spirit-based, ready-to-drink beverages will continue show vast white space, and bourbon should continue to thrive.

2023 192

2023 Loyalty Program Mobile Ordering Customer Experience 192

Restaurant365

AUGUST 4, 2020

Running a successful restaurant business is all about spending your cash wisely. Integrating inventory management with accounting facilitates better inventory control. When you think of your restaurant finances, you don’t always equate it with inventory management. What is restaurant inventory management?

Inventory 78

Inventory Management Management Cash Management 78