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Best Practices for Trimming Alcohol Overhead in the COVID World

Modern Restaurant Management

Knowing that beverages offer the longest shelf life and highest margin, BevAlc is taking center stage for restaurants owners. Normally a vibrant spot for working professionals, it is now vying for business in order to survive. Order and keep track of delivery. The first important factor is margin. Without leaving home.

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How to Get a Better Deal from Food & Beverage Suppliers

Ken Burgin

The best way to manage this paradox is to have some supplier tips and tools up your sleeve – here are some suggestions. Many small hospitality businesses run their price negotiation on a weekly or daily basis, like thrifty seniors who are always looking for the best price on canned goods. Upgrade the Ordering Process.

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Consumer Habits Are Changing — What’s Next for Restaurant Tech?

Modern Restaurant Management

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.

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The true cost of POS systems for restaurants

Clover - Restaurants

The exact pricing depends on the POS system you choose, but generally costs will fall into the following categories; Initial setup costs: This refers to a one-time initial setup fee to get your POS system up and running. increasingly moves toward becoming a cashless society, many Americans carry zero cash on them. As the U.S.

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2023 Outlook: Trends and Challenges Restaurants Will See, Part Two

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. Restaurants will continue to embrace digital on-premise, including mobile ordering and payment at the table, to streamline operations and improve the guest experience.

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11 Restaurant Management Best Practices to Maximize Your Performance in 2021

Restaurant365

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.

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Seven Restaurant Trends That Will Define 2022

Modern Restaurant Management

This instability will push operators to trim costs by shortening menus and investing in labor-saving technology to free up cash for wage increases. Restaurants will also explore delivery options beyond costly third-party partnerships, and hike delivery menu prices to make the channel more lucrative as off-premise demand holds steady.

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