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How Transaction Monitoring Can Help Prevent Food and Beverage Fraud

Modern Restaurant Management

As cash intensive businesses (CIB), food and beverage businesses have historically been sites of fraud. Yet, as such businesses move their sales, ordering, operations, and bookings online, the rates of fraud have only increased. But with the intention of seeing if any sales are suspicious. What Is Transaction Monitoring?

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Restaurant Budgeting: How to Create A Restaurant Budget

7 Shifts

This includes: Net Sales: The total revenue derived from your sale of food and beverages. Your restaurant expenses may vary depending on various factors, such as the equipment you use, your business location, the size of your operation, and whether you own or rent your commercial space.

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THE BEST PATH TO CHEFDOM

Culinary Cues

If you want to build an understanding and even a level of competence with a variety of specific skill sets then clubs, resorts, and hotels may be the only place where that can happen. [] VOLUME: A very busy, well-branded restaurant might generate 5of 6 million in annual sales, where a club or hotel can easy boast four or five times that volume.

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Maximise Your Restaurant’s Efficiency with POS Integration: 7 Benefits of Combining Point of Sales with F&B Management Software

Apicbase

Although the point-of-sale system (POS) remains the technological heart of restaurants, numerous technologies run behind the scenes these days. This end-to-end solution uses data from your POS to provide insights into sales, food costs, menu engineering and inventory management. Restaurant technology has come a long way.

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How to apply for the Restaurant Revitalization Fund grants

7 Shifts

Point of sale report(s), including IRS Form 1099-K. For applicants that are a brewpub, tasting room, taproom, brewery, winery, distillery, or bakery: Documents evidencing that onsite sales to the public comprise at least 33.00% of gross receipts for 2019, which may include Tax and Trade Bureau (TTB) Forms 5130.9 What do I need?

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How can coffee shops make cold brew more profitable?

Perfect Daily Grind

In coffee shops around the world, cold brew is one of the most popular beverages. Danny Pang is the Asia-Pacific Sales and Technical Manager at Marco Beverage Systems. According to Technavio, by 2027, the value of the global cold brew market will increase by almost US $440 million. So what are some of the ways they can do this?

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Kitchen Equipment List That Every New Restaurant Needs

Harbor Touch

List of the Top 10 Must-Have Kitchen Equipment for Restaurants. With so many different things to keep track of, it can be easy to forget kitchen equipment and appliances that are essential to operating your business. Refrigeration Equipment. When it comes to serving beverages, ice machines are just as crucial as soda fountains.

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