Remove Beverage Remove Cash Management Remove Training
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A CPA’s Insight on Top Issues Restaurant Owners Face

Modern Restaurant Management

For restaurant owners, there are a number of issues in their workplace keeping them up at night and hindering them from successfully managing and operating their restaurant efficiently. Money and Inventory Management The profitability of a restaurant depends on the careful management of cash flow.

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TWENTY COMMON MISTAKES INDEPENDENT RESTAURATEURS MAKE

Culinary Cues

Well, you have all heard the statistics about success and failure when food and beverage are involved, so I won’t repeat them. Every business requires controls in pricing, consistency, quality, and cash handling. Once established – do not sacrifice what you have invested the time in developing. [] FAILING TO INVEST IN TRAINING.

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Steady Work: Best Restaurant Management Advice from Starbucks’ ‘Playbook’

Modern Restaurant Management

It’s relevant today because it helps restaurant leaders contend with enduring issues like crisis recovery, demand fluctuations, food waste, keeping the human touch, managing change, and retaining employees. In this excerpt, Gaudet describes learning how the new system would improve the work of managers, baristas, and support partners.

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How to Avoid the Top Seven Restaurant Inventory Management Mistakes

Modern Restaurant Management

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.

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THE BEST PATH TO CHEFDOM

Culinary Cues

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.

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What the Heck is a KPI and Why You Should Give a Sh*t

Embrace the Suck

By knowing the GCA today, you can train your team to increase sales and thus have an impact on the lagging KPI of sales for that day. To get you started down the KPI Mastery path, let’s start with the basic metrics: Cash Flow. Cash flow is simply the amount of money going in and out of the restaurant. Cost of Goods Sold.

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2024 Outlook: Restaurant Trends and Challenges, Part Three

Modern Restaurant Management

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.

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