Focus POS

JUNE 17, 2021

Bar Software that Boosts Your Revenue: How POS Affects Your Profits. However, you must be careful: the wrong POS software can lead to long lines and errors, and force your target audience to have a drink with their friends somewhere else. Have you hired quick and personable bartenders? Do you provide excellent music options?

Bar 148

Bar Cash Management POS Point of Sale 148

Restaurant365

OCTOBER 30, 2020

As a restaurant owner or manager, sometimes you may need to jump in to help keep business running smoothly. However, the day-to-day tasks can distract from the bigger-picture work that is essential for your long-term business health: restaurant operations management. What is restaurant operations management?

Operations 78

Operations Management Management Inventory 78

Focus POS

DECEMBER 8, 2021

During a “normal” year, restaurant owners and operators face issues such as cash flow and capital, inventory management, hiring and training and providing excellent customer service. How the right POS system overcomes restaurant challenges. It’s Challenging.

Mobile Ordering 148

Mobile Ordering Point of Sale Cash Management Online Ordering 148

Restaurant365

DECEMBER 20, 2021

As a restaurant finance or accounting leader, you and your team can play a unique role in supporting your operations team. While both areas may be executed through the operations team, revenue and expenses can be optimized with help from thoughtful and thorough financial analysis. Working with operations to set a prime cost goal.

Operations 78

Operations Leadership Point of Sale Cash Management 78

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

Xtra Chef

DECEMBER 30, 2020

Here are some of the actions, accomplishments and highlights of the past year… We introduced Recipe Management – a recipe for restaurant profitability. In January 2020, we launched our Recipe Management feature, giving our customers the ability to calculate plate costs easily, accurately and dynamically.

2020 151

2020 Cash Management Point of Sale 2021 151

Restaurant365

OCTOBER 4, 2019

Most restaurateurs can answer the question, “what is a point of sale (POS) system?” ” because POS systems include some of the most critical components of restaurant operations. ” How does POS integration work? Why POS integration is a vital part of restaurant accounting software.

POS 60

POS Point of Sale Cash Management Information 60

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

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

Hot Schedules

MAY 22, 2020

Suddenly, clocking in via the POS seems….well, And with the increased pressure to track every change and communication to keep your operation running smoothly and safely, exceptions for missing breaks, overtime, hours variance are also noted in the web app and team members are prompted to acknowledge punch edits. well, icky.

Cash Management 97

Cash Management Demo POS Blog 97

Restaurant365

FEBRUARY 8, 2022

In this two-part blog post series, you’ll learn the importance of forecasting in restaurants and how to accurately implement restaurant demand forecasting. A forecast is a very powerful operational tool. It provides your managers with the data they need to help run the business. Some operators are using 2019 as a benchmark.

2022 78

2022 Cash Management Point of Sale Inventory 78

Harbor Touch

NOVEMBER 21, 2022

This blog post will give you some valuable tips on how to open a bar that will keep people coming back for more. On the other hand, you may need to hire a manager and/or assistant manager to help with the day-to-day operations. Fast and reliable POS system. Create a solid marketing plan. Summing Up.

Bar 78

Bar License Restaurant Law POS 78

Focus POS

SEPTEMBER 17, 2020

While curbside pickup and delivery operations were able to hold many different restaurants over, for the time being, the ban on indoor alcohol sales was a little trickier to get around. Here’s how you can cash in on this trend: State Regulations Vary. Is your software set up to manage pickup and delivery for alcohol sales?

License 162

License Restaurant Law Online Ordering Uniforms 162

Izettle

FEBRUARY 25, 2021

Terms like EPOS or POS can be intimidating if you’re not familiar with them. But behind the acronyms lie incredible solutions to help you manage your business and increase your sales. Are you still using a cash till? Are you still using a cash till? What is an EPOS and how is it different from a POS? Affordable.

Cash Management 52

Cash Management Point of Sale POS Customer Service 52

Izettle

FEBRUARY 25, 2021

Terms like EPOS or POS can be intimidating if you’re not familiar with them. But behind the acronyms lie incredible solutions to help you manage your business and increase your sales. Are you still using a cash till? Are you still using a cash till? What is an EPOS and how is it different from a POS? Affordable.

Cash Management 52

Cash Management Point of Sale POS Mobile Ordering 52

Focus POS

JUNE 17, 2019

What is restaurant point of sale (POS) software? It’s a system that takes the place of a traditional cash register and provides much more than basic transaction functionality. Restaurant point of sale software empowers businesses to control labor costs, manage inventory, and have deeper visibility into business operations.

Point of Sale 113

Point of Sale Cash Management POS Franchise 113

Restaurant365

FEBRUARY 6, 2020

Bookkeeping involves day-to-day finances and budgets, but effective bookkeeping practices also can help you make operational decisions about food, labor, and overhead costs. . Step 1: Record Sales Through Your POS Daily. Integrating Your POS System with Your Restaurant Management Software. Track Your Daily Sales.

Point of Sale 138

Point of Sale Inventory POS Cash Management 138

Focus POS

MAY 28, 2020

Your operation is wholly dependent upon the productivity of your staff. In order to operate effectively and profitably , you need to have these technologies in place: . Delivery management: Many customers are opting for delivery over curbside pickup and drive-thru. You’re no longer operating under normal circumstances.

Online Ordering 129

Online Ordering Inventory Cash Management Download 129

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

Focus POS

JUNE 2, 2020

Restaurateurs are pivoting to recoup the lowest level of sales seen in more than 35 years—for some, that’s the lowest sales seen in their lifetime of operating their business or restaurant chain. . Delivery dispatch and curbside pickup management to efficiently execute takeout and delivery. . Not sure where to start?

Technology 187

Technology Fine Dining Mobile Ordering Online Ordering 187

Restaurant365

FEBRUARY 19, 2020

To stay on top of your operations, your restaurant accounting should track both types of expenses. Operating expenses: everything else it takes to run your restaurant, like plateware, marketing costs, or professional fees. The most important integration is between your restaurant accounting system and your Point of Sale (POS) system.

Point of Sale 120

Point of Sale Cash Management Inventory Consumer Goods 120

Restaurant365

JULY 29, 2020

Though forecasting your restaurant’s sales is vital to determining your cash flow, if you’re not forecasting your sales by their individual revenue centers – dine in, take out, delivery, curbside, catering, etc. – cash, credit card, contactless). Forecasting by revenue center. you won’t be able to fully understand what. Conclusion.

Cash Management 88

Cash Management Online Ordering Inventory Seasonal Menu 88

Restaurant365

OCTOBER 22, 2021

Having access to data about your restaurant can inform your decisions about operations, staffing, menu changes, and long-term strategy. However, if you’d like a more granular look at your SPLH by daypart, you can use your restaurant management software to automate pulling up-to-date sales and labor information. Let’s dive in.

Point of Sale 78

Point of Sale Insurance Inventory Cash Management 78

Margin Edge

FEBRUARY 24, 2022

This blog looks at COGS basics (in case you want a refresher), their financial impact, the COGS you should be aiming for depending on your type of restaurant, and how and when to monitor them. The cost of goods sold, or COGS, are hands down something anyone who’s run a restaurant knows about. We’re looking at you, salted mixed nut bowl. .

Inventory 82

Inventory Point of Sale Waste Fine Dining 82

Restaurant365

JULY 29, 2021

However, many CFOs are still facing uncertainty, particularly from pandemic-related complications that are still challenging operations and restaurant profitability. Few areas of restaurant operations were immune from changes. Ultimately, managing your vendor relationships is an area of risk management.

Cash Management 78

Cash Management Point of Sale Inventory 2021 78

Modern Restaurant Management

APRIL 14, 2020

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. The National Restaurant Association-managed site also provides a direct connection to the industry’s grassroots engagement platform.

Online Ordering 212

Online Ordering Back of House Customer Service Small Business 212

Bingage

OCTOBER 5, 2019

If all things and planning goes right, opening and managing a restaurant can be very fruitful, Here I am sharing a complete guide on how to make a new restaurant successful. Promotion of a new restaurant is one of the important tasks of the restaurant manager. Productive use of CRM and POS system. Strategical planning.

Loyalty Program 74

Loyalty Program Social Media Cash Management Seminar 74

Rocket Fuel

JANUARY 26, 2024

We’ll just come out and say it: Restaurant operators are losing money to third-party delivery service providers. This poses an opportunity for operators to grow their overall sales and profits—If they can recover inevitable delivery losses and keep their staff from spending hundreds of hours monthly on said in-house recovery efforts.

Delivery 52

Delivery Back of House Customer Service Technology 52

Restaurant365

JULY 29, 2020

Though forecasting your restaurant’s sales is vital to determining your cash flow, if you’re not forecasting your sales by their individual revenue centers – dine in, take out, delivery, curbside, catering, etc. – cash, credit card, contactless). Forecasting by revenue center. you won’t be able to fully understand what. Conclusion.

Cash Management 78

Cash Management Online Ordering Inventory Seasonal Menu 78

Restaurant365

OCTOBER 14, 2020

For restaurant owners and operators in particular, in the midst of making the thousands of decisions needed to run a restaurant business, it’s easy to forget about the restaurant budget. Balancing cash flow month to month, let alone year to year, can be difficult for the ever-changing restaurant industry. Collect data.

Point of Sale 78

Point of Sale Email Marketing Cash Management Advertising 78

Restaurant365

JUNE 17, 2020

Your restaurant operations include many different expenses, from food and beverage to utilities. Whether you are slowly scaling up operations again or moving from takeout and delivery only to limited dine-in, it is more important than ever to stay on top of your labor and payroll cost. Understanding labor and payroll cost.

Tip Distribution 78

Tip Distribution Point of Sale Employee Relations Restaurant Law 78

Restaurant365

MARCH 15, 2022

Many restaurant operators don’t know their retention statistics, such as the average tenure in their restaurants or their turnover cost. According to the National Restaurant Association, the average cost of restaurant turnover in 2021 was $1,869 per hourly employee, $8,119 per manager and $14,689 per general manager.

Hiring 78

Hiring Cash Management Insurance Communication 78

Restaurant365

SEPTEMBER 3, 2021

Restaurant owners, operators, and managers are constantly faced with decisions about accounting, operations, inventory, customer service, and staffing. To keep up in a fast-paced industry, restaurants might consider adding a new role, commonly called “profitability strategist,” to the management team.

Waste 78

Waste Cash Management Point of Sale Inventory 78

Bingage

OCTOBER 5, 2019

If all things and planning goes right, opening and managing a restaurant can be very fruitful, Here I am sharing a complete guide on how to make a new restaurant successful. Promotion of a new restaurant is one of the important tasks of the restaurant manager. Productive use of CRM and POS system. Strategical planning.

Loyalty Program 40

Loyalty Program Social Media Cash Management Seminar 40

Restaurant365

SEPTEMBER 30, 2019

Through streamlining operational functions , like the accounts payable process, restaurant owners and operators are able to implement cost-saving efficiencies. Operators can determine approval process routing through customized human intervention rules by location, vendor, category, or amount. Step 2: Approve.

Audits 60

Audits Cash Management Mobile Ordering Point of Sale 60

Restaurant365

OCTOBER 8, 2021

With the potential for this segment, many operators and industry leaders are examining new ghost kitchen opportunities. With these benefits in mind, many operators (and investors) are considering starting a business in this sector of the market. Could a ghost kitchen present a new revenue stream for your restaurant group? Conclusion.

Front of House 78

Front of House Back of House Website Management Delivery 78

Clover - Restaurants

MAY 3, 2024

City and state health departments monitor local restaurants to ensure they’re following food safety management program guidelines. Additionally, in order for restaurant leaders to operate as a certified safe food handler , such as managers and chefs, they must pass assessments related to food safety and risks like foodborne illnesses.

Kitchen Safety 52

Kitchen Safety Food Safety Food Food Supply 52