Culinary Cues

MAY 15, 2021

This creates a domino of challenges – labor dependance, the inability to pay reasonable wages, selling price ceilings that do not yield sufficient profit, etc. When menus are well researched and managed then a restaurant stands a chance of success. Without cash reserves the pandemic cause thousands of restaurant casualties.

Customer Experience 390

Customer Experience Cash Management Customer Service Front of House 390

Culinary Cues

APRIL 1, 2020

As we return to some level of prosperity, once people are back at work and businesses turn in the right direction – it will be restaurants that allow families to manage their busy lifestyle. How will we (you) stay in touch with customer needs so that concepts, menus, locations, methods of delivery, and pricing strategies align?

Waste 502

Waste Cash Management Entertainment Take-out 502

Culinary Cues

DECEMBER 30, 2019

The following provides some “food for thought”, maybe even a “look in the mirror” checklist for those who are drifting away from those initial goals. [] THINKING THEY CAN MANAGE THROUGH OTHERS. Ignore them and they will find someone else to pay attention. [] CONFUSING LEADERSHIP AND MANAGEMENT.

Cash Management 268

Cash Management Point of Sale Leadership Website Management 268

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

AUGUST 25, 2020

Comprehending your restaurant cash flow is essential to running your restaurant business. Cash flow refers to the amount of cash coming into your restaurant minus the amount of cash going out on a daily, weekly or monthly basis. Common factors that cause cash flow issues. Too much inventory. Unexpected expenses.

Cash Management 97

Cash Management Seasonal Menu Inventory Email Marketing 97

Culinary Cues

AUGUST 28, 2020

As owners, managers, and chefs – regardless of the hours that you invested in the job in the past, this is not the time to back off – this is the time to be even more present. www.harvestamericacues.com BLOG. All of this still counts! Don’t let your edge slip away. BE PRESENT. REMEMBER FRIENDS – MAKE NEW ONES. INVEST IN TRAINING.

Social Media 438

Social Media Communication Loyalty Program Training 438

7 Shifts

APRIL 3, 2020

That is what we are going to answer in this blog—providing you with steps you can take right now to reduce your costs and boost your revenue to keep your restaurant profitable during COVID-19. Download all the data from your restaurant POS or back-office management platform to get a sense of how your restaurant is operating today.

BOH 368

BOH POS Influencer Point of Sale 368

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

Veloce POS Blog

NOVEMBER 10, 2023

Gone are the days when a simple cash register was enough to manage sales. In the past, restaurant staff would manually enter the price of each dish, potentially calculate taxes, and then open the cash drawer to finalize the purchase. Those days are over.

POS 59

POS Cash Management Point of Sale Technology 59

Culinary Cues

APRIL 30, 2020

Value: During this phase – value will be based almost entirely on price and whether the guest feels that they are able to justify the expenditure. Cash Flow: Restaurants should not view profit as a goal during Phase One. Profit will still be elusive, but solid management of expenses can result in breakeven. Food for thought.

Point of Sale 308

Point of Sale Customer Service Customer Experience Cash Management 308

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

Focus POS

JUNE 17, 2021

Like age verification, there are other inherent hurdles to running a bar that, when poorly managed, can lead to severe issues. When your POS allows you to integrate your inventory, you’ll know if you’re facing a maraschino cherry drought and can manage customer expectations instead of disappointing them after they’ve already waited.

Bar 148

Bar Cash Management POS Point of Sale 148

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. Those are going to change and evolve over the course of a year based on trends and the pricing/availability of product. Store-level manager accountability.

2022 78

2022 Cash Management Point of Sale Inventory 78

ChefMod

MAY 13, 2024

AP automation solutions specifically designed for hospitality help restaurant owners optimize their purchasing process, recipe management, inventory, analytics, GL mapping, and visibility into expenses across all suppliers. Accounts Payable (AP) Automation simplifies and streamlines the management of your company’s outgoing expenses.

Cash Management 40

Cash Management Inventory Audits Management 40

Hot Schedules

NOVEMBER 12, 2020

Top Five Supply Chain Management Tips. . Review your pricing and rebate deals. When negotiating with suppliers, the larger the basket that they receive, the more competitive their pricing should be. If a smaller local supplier is guaranteed business, they are likely to provide better pricing and prioritize your order.

Supplies 78

Supplies Management Management Allergens 78

Get Beyond

JANUARY 4, 2024

If you have a contract or full-time employee on your team managing the online shop, you could pay for an online course or training for them that helps them better build the platform. From password managers to onsite security systems, reconsidering how you keep things safe is always important to a small business’s success.

2024 52

2024 Small Business Cash Management Email Marketing 52

Sling

APRIL 19, 2021

As a small business owner or manager, you need to speak the language of your industry. This is a common question many owners and managers ask in regard to accounting for their business. Revenue , on the other hand, is the total amount of cash your business takes in during a specific period of time. How you manage inventory.

Small Business 145

Small Business Cash Management Customer Service Inventory 145

Restaurant365

JUNE 9, 2020

By generating a budget for your controllable costs , you can create a clearer path for your cash to move. Assessing this movement by ensuring that the budget is maintained and that invoices are entered daily will help you better manage your cash flow each month. Manage your cash flow. One of these costs is labor.

Cash Management 97

Cash Management Management Management Small Business 97

7 Shifts

NOVEMBER 9, 2022

Now that you know what email newsletters can do for your restaurant, it's time to create a newsletter that wins hearts and sets the cash register ringing. For instance, if they are about to leave your website, you can offer a discount or if they read your blog you can offer access to your cooking classes. Call to action (CTA).

Email Marketing 195

Email Marketing Loyalty Program Social Media Point of Sale 195

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. It’s important to monitor what’s selling so managers can order more in a timely manner, ensuring the most popular choices are always in stock.

Mobile Ordering 148

Mobile Ordering Point of Sale Cash Management Online Ordering 148

Restaurant365

DECEMBER 20, 2021

Sharing information between teams shouldn’t require time-consuming communication to ensure accurate reporting, cost management, and forecasts. For instance, reviewing your CoGS report daily allows managers to adjust purchasing and usage on a more frequent basis.

Operations 78

Operations Leadership Point of Sale Cash Management 78

Margin Edge

FEBRUARY 24, 2022

They can impact everything from menu prices to labor decisions and can vary from week to week. . 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 Barrow House, Clifton, NJ.

Inventory 83

Inventory Point of Sale Waste Cash Management 83

Restaurant Engine

DECEMBER 9, 2020

The most important thing to consider is whether or not you have the resources to manage the added work. Things to think about include: Who will manage the catering operations? How about your catering pricing structure? When you have customers put down a deposit, you have a healthy cash flow to order what you need.

Catering 113

Catering Website Management Seasonal Menu Food Supply 113

BNG Point of Sale

JUNE 19, 2020

In this blog, we’ll take a look at different types of POS software solutions we offer and how they work with your business. Point of sale systems already bring in money, because unlike a traditional cash register, the ability to take credit cards will increase the likelihood a customer will make a purchase. Mobile payment processing.

Point of Sale 75

Point of Sale Mobile Ordering Merchandise POS 75

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. Minimizing Food Waste.

Waste 78

Waste Cash Management Point of Sale Inventory 78

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

Restaurant365

JUNE 9, 2021

In this blog post, Part 1 of 2, we will dive into the metrics you should be examining with your FOH’s profitability. This data point is known by many different names: price per guest, price per cover, guest average, or check average. Both BOH and FOH restaurant KPIs deserve a closer look to help protect your profitability.

FOH 78

FOH BOH Front of House Back of House 78

The Restaurant Times

MAY 25, 2021

Management Team: This should include the list of stakeholders involved in the management of your cafe such as owner, manager, Head Chef, etc. Training must also consist of crisis and disaster management techniques. . Your financial analysis must consist of the following: (i) Cash Flow Statement. Industry Research.

Cash Management 52

Cash Management Employee Relations Email Marketing Point of Sale 52

Focus POS

JUNE 17, 2019

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. POS for Restaurant Franchise Management.

Point of Sale 113

Point of Sale Cash Management POS Franchise 113

Restaurant365

JULY 29, 2021

Strong vendor relationships can help you ensure continuity in product, better pricing, and high-quality standards for inventory. Ultimately, managing your vendor relationships is an area of risk management. Your managers are also likely spending a lot of their limited time trying to fill gaps in staff roles.

Cash Management 78

Cash Management Point of Sale Inventory 2021 78

Restaurant365

FEBRUARY 19, 2020

Controllable costs, like your prime cost of food and labor, fluctuate over time with vendor prices, sales, and other external factors. Other key reports include your operating cash flow, which shows whether you are able to generate enough cash flow to maintain or grow your operations, or whether you should consider external financing.

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.

Cash Management 88

Cash Management Online Ordering Inventory Seasonal Menu 88

ChefMod

OCTOBER 6, 2021

But, how have they managed to stay up and running so far? Luckily, it is faster, more convenient, and allows you to compare different prices from different vendors. Optimal Supplier Integrated Pricing Gone are the days when vendor pricing organization was done through texts or email.

2021 52

2021 Email Marketing Front of House Cash Management 52

Next Restaurants

MAY 26, 2020

For their safety and convenience, enable delivery and payment services that allow customers to pay without cash (such as tableside tablets ), as well as choose when and how their order should be delivered. Minimize the risk of contact between the guest and the host or cashier by installing a protective Plexiglas screen at cash registers.

Webinar 89

Webinar Social Media Food Safety Cash Management 89

BNG Point of Sale

JUNE 19, 2020

In this blog, we’ll take a look at different types of POS software solutions we offer and how they work with your business. Point of sale systems already bring in money, because unlike a traditional cash register, the ability to take credit cards will increase the likelihood a customer will make a purchase. Mobile payment processing.

Point of Sale 45

Point of Sale Mobile Ordering Merchandise POS 45

Restaurant365

FEBRUARY 6, 2020

Your sales data can be used to help you automate parts of your inventory management system , updating inventory counts as food and drink items are sold. Integrating Your POS System with Your Restaurant Management Software. Managing the process of recording, approving and paying your vendors is both time consuming and error prone.

Point of Sale 138

Point of Sale Inventory POS Cash Management 138

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.

Cash Management 78

Cash Management Online Ordering Inventory Seasonal Menu 78