Clover - Restaurants

JUNE 30, 2025

The same is true when keeping tabs on expenses, from utility bills to pay slips to employee training costs. With the right POS system , it’s now possible to automate this record keeping regardless of the channels through which money enters or leaves your restaurant. To get a monthly average, multiply that figure by 30.

Employee Relations

Paper Chase Accountancy

MAY 30, 2025

It involves intricate details like tracking daily cash sales, managing tips, accounting for perishable inventory (Cost of Goods Sold or COGS), reconciling POS data with bank deposits, and navigating specific payroll complexities related to hourly wages, overtime, and tip pooling. Investigate and reconcile any discrepancies.

Bar

Paper Chase Accountancy

AUGUST 5, 2025

These may include specialized solutions for food and beverage businesses, bookkeeping services that go beyond mere numbers, and growth-oriented accounting strategies specifically tailored for the hospitality industry. Payroll and benefits management : This ensures employees are paid accurately and on time, fostering a satisfied workforce.

Cash Management

Paper Chase Accountancy

JUNE 2, 2025

While a seemingly small detail, the proper management of tips can significantly impact a restaurant’s financial health and its employees’ satisfaction. Technology, like integrated POS systems and mobile apps, can enhance tip tracking efficiency and reduce errors. They reduce human error and save time.

Tip Distribution

Paper Chase Accountancy

MAY 21, 2025

Point-of-Sale (POS) System Integration: Seamless integration of POS data into accounting systems is crucial for real-time sales tracking, accurate revenue recognition, and identifying trends. Tip Management and Reporting: Ensuring accurate calculation, distribution, and reporting of tips for compliance and employee satisfaction.

Hospitality

Paper Chase Accountancy

JULY 3, 2025

Revenue Management : Hospitality accounting involves tracking multiple revenue streams, such as rooms, food, and beverage sales. Cost Control : It’s essential for inventory management and controlling food and beverage costs. Investor Relations : Clear financial statements are crucial for attracting investors.

Hotels

SpotOn

JULY 15, 2025

The cons: Like all jobs, serving people alcoholic beverages night after night has its downsides.   These programs teach you how to s erve alcoholic beverages responsibly, spot fake IDs, and handle intoxicated customers—all stuff you’ll deal with on the job.   It is the fastest way to learn how to bartend. 

Front of House

Modern Restaurant Management

MARCH 26, 2020

At a time when most food and beverage leaders wouldn’t consider launching a new concept without a deep dive into the data, most lack even basic information about technology maintenance that could drive cost-saving, satisfaction-enhancing change. The shift to cloud-based applications has not changed the equation.

Technology

Modern Restaurant Management

MAY 1, 2023

One study found that in 2016, the food and beverage industry accounted for ten percent of all data breaches. First, they typically store significant customer and employee data, including names, addresses, and credit card information. For example, POS systems have proven to be particularly vulnerable.

Insurance

Modern Restaurant Management

DECEMBER 14, 2021

Several other pandemic-related trends will continue into 2022 and beyond, and new trends will also emerge. Food and beverage sales in the restaurant and foodservice industry are projected to total $789 billion in 2021, up 19.7 Here's a summary of what to expect and what restaurants can do to stay ahead. Staffing Shortages Continue.

2022

Modern Restaurant Management

APRIL 2, 2020

The National Restaurant Association Educational Foundation has launched the Restaurant Employee Relief Fund to support U.S. restaurant employees financially impacted by the coronavirus crisis. Clic here to d onate to the Foundation’s Restaurant Employee Relief Fund. This fund is designed to help those struggling employees.”

Employee Relations

Modern Restaurant Management

AUGUST 5, 2020

and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. The bites will also be served with the option of twelve different dips, along with regular or sweet potato Tyga Tots, chocolate chip cookies, and beverages.

Food Safety

Modern Restaurant Management

DECEMBER 21, 2022

We will continue to evaluate tech solutions and find what best enhances the Fogo experience for both our guests and employees. In 2023, we can anticipate businesses really focusing in on value and doing what they can to attract and retain both employees and guests. – Barry McGowan, CEO, Fogo de Chão.

2023

Modern Restaurant Management

JUNE 2, 2021

More importantly, we are going to see a stronger first party connection between restaurants and their guests, one that is more personalized–and therefore more satisfactory, as well as better experiences for restaurant employees who have a real opportunity to redefine the role of service. So what exactly does this future look like?

Back of House

Modern Restaurant Management

MARCH 16, 2020

” RWCF is compiling an extensive list of resources and links related to the COVID-19 Crisis on its website, and, soon, we will collect data (qualitative and quantitative) from affected workers and restaurant owners so that we can work with local and national leaders to address the systemic issues the COVID19 pandemic has exposed. .

Food Safety

Modern Restaurant Management

SEPTEMBER 23, 2020

These include marketing, website development, omnichannel payments and point-of-sale (POS) solutions. "We're With real-time data into consumer behavior data, the solution offers immediate, location-specific food and beverage insights into an industry that is changing faster than ever before.

Serving

7 Shifts

AUGUST 18, 2024

Table of Contents The Costs of Opening and Running a Restaurant The Difference Between Fixed and Variable Cost Understand And Calculate Your Prime Cost Understand And Control The 5 Major Restaurant Costs Restaurant Labor Costs Restaurant Food Costs Restaurant Utility Costs Restaurant Kitchen Equipment Costs Restaurant POS System Costs Ready?

License

Modern Restaurant Management

AUGUST 17, 2020

Fatigued by cooking at home, consumers are anxious to dine at their favorite restaurants according to a new Oracle Food and Beverage study. Other leisure-related categories affected the most included travel, cruises, lodging and airlines. COVID-19 Consumer Dining Trends. Read more in the latest Restaurant Guest SatisfactionSnapshot.

2020

7 Shifts

JUNE 4, 2021

Numbers can give us insights into everything from profits and losses to average customer spend to how often employees cycle through. Employee turnover rate. Labor cost includes all labor-related categories: Employees, both hourly wages and salaries. Total sales , from your POS. But what should be measured, and how?

Point of Sale

Modern Restaurant Management

MAY 27, 2020

“While cafes, dining halls, cafeterias, and concessions stands may look a little different, I am confident that they will feel and be safe for our employees and everyone we serve,” said John Zillmer, Aramark’s CEO. Requiring appropriate personal protective equipment (PPE) for employees, including gloves and masks.

Food Safety

Modern Restaurant Management

JANUARY 8, 2024

Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour. Prioritising employee well-being, mental health, and job satisfaction is also essential in curbing turnover and cultivating a content and dedicated workforce.

2024

Modern Restaurant Management

APRIL 23, 2021

The program will allow eligible restaurants and other food establishments to access the RRF application or data they need to fill out the application through their point-of-sale (POS) service providers. ” The SBA is working with POS providers like Clover to reach restaurant owners and expedite the grant application process.

Point of Sale

Modern Restaurant Management

JANUARY 12, 2022

This edition of MRM Research Roundup features evolving guest relationships, views on restauarant tech, employee desires and wedding trends. ” The results are part of an Oracle Food and Beverage survey conducted by Untold Insights in September 2021. For more information on Oracle Food and Beverage visit: [link].

2022

7 Shifts

JULY 16, 2021

List all employees and partners. If you're serving food at your coffee shop, your employees should complete a food handler's course. In 1992, the Department of Justice passed the Americans with Disabilities Act (ADA) to ensure that employees and customers with disabilities have the same access to basic services as other people.

License

7 Shifts

SEPTEMBER 19, 2019

As a restaurant manager, your job is to juggle several responsibilities—from managing employees and controlling costs to creating staff schedules and boosting revenue. 7 Core Restaurant Management Responsibilities Staffing : Hire, fire, train, and manage employees. But restaurant management is the glue that holds it all together.

Management

Modern Restaurant Management

FEBRUARY 18, 2020

Restaurants will adopt mobile-first hardware architectures and API-connected software platforms that can be unified at every digital touchpoint, from order taking at POS or self-service, to food prep in smart kitchens, to service in-house, and finally delivery to in-restaurant tables or the customer’s front door. Reduce theft.

Mobile Ordering

Modern Restaurant Management

MARCH 16, 2020

percent from unusually high numbers a year ago related to U.S. Comcast Business is working directly with some of the biggest brands in the food and beverage industry, helping to drive the following trends aimed at giving them a competitive edge: “May I take your order?” Often times, a happy employee equates to happy guests.

Mobile Ordering

Modern Restaurant Management

DECEMBER 13, 2019

The National Labor Relations Board instructed an administrative law judge to approve settlements resolving complaints against McDonald’s USA LLC, McDonald’s Restaurants of Illinois, Inc., Freshly-squeezed orange juice, Signature Coffee Brews, including Nitro and specialty espresso beverages.

Mobile Ordering

Modern Restaurant Management

JULY 15, 2020

Over the months, Grubhub has observed diners turn to comfort foods, order alcoholic beverages, and D.I.Y. Top Alcohol Orders (in ranking order): as delivery rose in popularity, so did alcoholic beverages while diners stayed home. 12 percent have ordered alcoholic beverages to-go (beer, wine, cocktails). ? pinot grigio.

2020

7 Shifts

MAY 1, 2024

For instance, you can record your food and beverage sales separately. On a similar note, when searching for a modern cloud-based POS system to keep track of your sales, look for one that can be integrated into other restaurant software. Some of the best POS systems you can try include Toast, TouchBistro, and Square.

Cash Management

Modern Restaurant Management

MARCH 11, 2020

We would like to thank Derek Jones and all of the employees at Smart Foodservice for their dedication in building a highly differentiated business in the cash and carry industry, and we know the company will be in great hands with its new owners.” SpotOn Secures $50M Funding. SpotOn Transact, Inc.,

Bar

7 Shifts

MAY 23, 2024

This includes: Net Sales: The total revenue derived from your sale of food and beverages. However, as a rule, the primary costs you can expect in running your restaurant are usually related to food, labor, and rent. You can easily retrieve this data from your POS system.

Point of Sale

Modern Restaurant Management

SEPTEMBER 15, 2020

The study also found that 8 million employees were laid off or furloughed during the height of the pandemic. ” The majority of SALIDO's employees joined NAB following the acquisition to continue innovating the Restaurant OS. JBF Food and Beverage Investment Fund for Black and Indigenous Americans.

Fast Casual

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

Restaurant365

NOVEMBER 18, 2021

From hiring and onboarding to running employee payments and paying taxes, payroll touches on many different parts of a restaurant business. You receive time in your Point of Sale (POS) system. Thus, your labor costs are spread out between your scheduling, POS, and payroll software. Tracking time occurs in many different systems.

Employee Relations

Modern Restaurant Management

DECEMBER 27, 2019

Silvestri comes from Disruptive Group (a division of sbe), where he served as Chief Operating Officer, overseeing all of the food and beverage operations for venues across the sbe portfolio globally, including culinary concepts, nightlife venues and Umami Burger. " Appetize Partners with Restaurant365.

Mobile Ordering

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