Restaurant365

APRIL 14, 2020

Successful restaurant operations, in any kind of economy, depend on well-managed restaurant food inventory. Much of the typical food and beverage inventory in restaurants tends to have a relatively short shelf life, making accurate inventory numbers essential to run a functioning kitchen, make economical orders, and adapt to long-term trends.

Inventory 109

Inventory Delivery Management Management 109

7 Shifts

MARCH 27, 2020

Consider things like merchandise sales, inventory sales, or private cooking lessons. You can point your restaurant staff towards monetary relief programs offered by the government and other organizations to help them stay afloat if your business closes. How to communicate your COVID-19 restaurant closure.

Social Media 312

Social Media Restaurant Law Employee Relations Communication 312

Hot Schedules

JULY 26, 2021

Rather than limiting inventory or reducing the customer experience, here are five ways the right retail scheduling solution empowers managers to cut costs through efficient workforce management — without burning out the staff. Enforced clock-ins through an integration with your Point-of-Sale (POS) system and labor management tools.

Retail 148

Retail Point of Sale Employee Relations Inventory 148

Culinary Cues

APRIL 22, 2020

You can never be too organized or communicate too frequently. FaceTime might turn out to be a perfect tool for the chef to connect with sales representatives and interact, push, and challenge them. As previously stated – you can take the chef out of the kitchen, but you can’t take the kitchen out of the chef.

Back of House 355

Back of House Point of Sale Take-out Inventory 355

7 Shifts

JANUARY 31, 2024

Metrics and sheets you'll need to track include cost of goods sold, labor costs, new operating income, profit, and (see below) inventory costs. Inventory management Managers need to ensure the kitchen is stocked with the right amount of food so that nothing is wasted and as few items need to be 86'ed as possible.

Management 195

Management Management Kitchen Safety Front of House 195

Restaurant365

JUNE 15, 2021

Your restaurant is constantly generating data, whether from your sales revenue, food costs, or labor hours. You may have a hunch that you are doing fewer table turns on the weekend, or that your inventory has gotten wasteful recently. Understanding your CoGS means that you need to keep accurate periodic inventory.

BOH 78

BOH FOH Point of Sale Back of House 78

Restaurant365

MAY 7, 2020

This will streamline your inventory and give you better visual access to your shelves. Communicate your distancing requirements with third-party delivery drivers and other suppliers. Check for state requirements on your governor’s or state health department’s website. Clean and sanitize restaurants daily. Access a copy of the U.S.

Food Safety 142

Food Safety Cash Management Point of Sale Social Media 142

Sling

APRIL 27, 2023

These essential activities include everything from scheduling your team , assigning tasks , and managing inventory to controlling labor costs , executing payroll , and complying with labor laws. Restaurant operations management is essential for the long-term health of your business. Table of contents What is restaurant operations management?

Operations 78

Operations Management Management Inventory 78

Focus POS

JUNE 27, 2019

Make sure you clearly define your standards for both, and communicate them to your employees. The right solution can provide better order accuracy, improve employee communication, and increase speed of service. Watch inventory. It’s important to monitory both inventory and usage. Sales, labor, inventory data reports.

Management 121

Management Management Franchise Franchising 121

Embrace the Suck

OCTOBER 28, 2021

Read books and blogs. What is your preferred communication style? I need to understand how you will communicate, lead, react to stress, manage tasks, and what is keeping you stuck where you are. Of all the restaurants that open this year, only 50% will still be open in three years! How sad is that? Everything you can!

Coaching 337

Coaching Training Social Media Hiring 337

Restaurant365

APRIL 4, 2022

Businesses in most industries spend about 6% to 7% of annual sales on various technology to help make them better at what they do. Today, the industry, Smith said, spends anywhere from one to one-and-a-half percentage points more than it did on technology a decade ago. The State of Sales, Staffing, and Food Costs.

Point of Sale 78

Point of Sale Technology Customer Experience Mobile Ordering 78

BNG Point of Sale

SEPTEMBER 2, 2021

This blog post will go over the typical restaurant overhead costs and expenses, including rent, utilities, labor wages for employees, licenses and permits, food cost percentages, and more. Restaurant owners need to know how much things cost so they can be sure their business is profitable. What Are Overhead Costs And Expenses?

Employee Relations 52

Employee Relations License Point of Sale Food Supply 52

Restaurant365

JANUARY 7, 2022

Upgrading to a handheld point-of-sale device will save your servers valuable time when taking guest orders. Be sure that the policy is communicated when the table is booked, when the guests arrive, and clearly posted in the patio area. The resurgence of the virus will increase the demand for outdoor dining options.

Outdoor 148

Outdoor Seasonal Menu Point of Sale Dine-in 148

Focus POS

APRIL 14, 2020

Communication between staff is critical to a positive work culture, which affects the level of quality customer service your employees can provide. The most successful restaurants leverage historical data from their point of sale system to accurately forecast their labor needs. Optimized Workflow. A Reputable Provider.

Point of Sale 129

Point of Sale Loyalty Program Customer Service Customer Experience 129

Restaurant365

NOVEMBER 26, 2019

In addition to cost savings and increased security, cloud-based systems also provide deeper insight by integrating several different functionalities (like accounting, scheduling, inventory, and reporting) across multiple locations, all in one centralized platform. Automated tracking of sales and taxes. Streamlined inventory management.

2020 117

2020 Management Management Mobile Ordering 117

Restaurant365

DECEMBER 11, 2020

operators, mostly sales) minus your cash outflows (your operating costs, like food and drink, payroll, rent, etc.) For instance, you may need to proactively adjust your labor to meet a seasonal drop in sales, or plan for the best time to spend cash on any needed maintenance or upgrades. over a certain period of time.

2021 136

2021 Cash Management Management Management 136

Restaurant365

DECEMBER 4, 2020

Other restaurants had to shift operations to a limited-capacity model, adjusting labor and food costs to match new sales levels. Your restaurant’s break-even point is the sales you need for a certain period of time to not lose money, or “break even.” Generating enough revenue to break even.

2021 78

2021 Operations Mobile Ordering Social Media 78

Restaurant365

DECEMBER 20, 2021

Sharing information between teams shouldn’t require time-consuming communication to ensure accurate reporting, cost management, and forecasts. From ordering inventory for the weekend to scheduling staff for next week, these small decisions add up over time to impact the larger numbers.

Operations 78

Operations Leadership Point of Sale Cash Management 78

Restaurant365

DECEMBER 17, 2019

Instead, gradual sales growth will help your business gain traction and develop a solid foundation. Variable, controllable costs such as food and labor, are tied to sales and can be adjusted. You can also track the Cost-to-Sales Ratio, comparing food costs as a percentage of sales. Restaurant Startup Costs Breakdown.

Point of Sale 120

Point of Sale License Insurance Employee Relations 120

Hot Schedules

DECEMBER 7, 2021

Most research into the phenomenon points back to one factor — pay. Whether corporate or independent, retailers able to increase hourly wages don’t have to just increase inventory prices and leave it at that. Communicating new initiatives with customers and employees builds trust and loyalty that pay off over the long run.

Retail 78

Retail Employee Relations Hotels 2022 78

Restaurant365

AUGUST 12, 2021

Add in all of the invoices, orders, and inventory you are tracking. But having this data stored in your point of sale (POS) system or other restaurant systems doesn’t mean anything by itself. For 21st-century companies, data is a powerful tool that can help improve nearly every area of business.

Leadership 78

Leadership Inventory Hiring Point of Sale 78

Izettle

NOVEMBER 15, 2021

The idea is that by ensuring you have a presence almost anywhere your customer is, you’ll never miss out on a sale. It involves creating a seamless flow you can use to pull your customers through one smooth, interconnected sales journey. It’s a multi-dimensional way of supporting the customer experience. Let’s say you sell flowers.

Marketing 52

Marketing Social Media Point of Sale Email Marketing 52

Restaurant365

SEPTEMBER 3, 2021

Restaurant owners, operators, and managers are constantly faced with decisions about accounting, operations, inventory, customer service, and staffing. For example, sales forecasts can inform smart schedules that make the most out of available labor hours. Are you able to step back and look at the bigger picture?

Waste 78

Waste Cash Management Point of Sale Inventory 78

Sling

APRIL 19, 2021

Combining the two words creates a term that means: The amount by which revenue from sales exceeds costs. As a small business owner or manager, you need to speak the language of your industry. That includes general business terms , such as capital, gross, net, and — perhaps most important — profit margin. What Is Profit Margin? Profit Margin.

Small Business 145

Small Business Cash Management Customer Service Inventory 145

Apicbase

APRIL 14, 2023

In this blog post, I’ll discuss how the process works. The first few weeks of using new software are intense for any business. If you run dozens of restaurants, it can feel downright overwhelming. That is why we have developed an onboarding and support process that helps your company get the most out of Apicbase as quickly as possible.

Inventory 52

Inventory Technology Communication Take-out 52

Restaurant365

JANUARY 4, 2022

Restaurant inventory management plays a key role in overcoming the rising cost of food. As the rising food cost trend continues, it’s time to tighten your inventory control. Automate manual restaurant inventory processes. Your team must still take manual inventory by hand to account for spoilage, improper portioning, and waste.

Inventory 15

Inventory Management Management Food 15

Restaurant365

AUGUST 19, 2020

How are you communicating with your potential new hires? Successful restaurant owners and operators don’t just provide great food. For food service and hospitality in particular, an essential part of the guest experience is the interaction with employees. The people piece of the puzzle can be challenging for restaurants.

Restaurant Law 131

Restaurant Law Recruiting Employee Relations Food Safety 131

Restaurant365

JANUARY 22, 2020

Your point of sale system (POS) may be tracking your private company financials, and your internal communications may include intellectual property or confidential corporate information. Your loyalty program technology is collecting valuable information about your guests, like their age, visit frequency, and address.

Audits 88

Audits Point of Sale Front of House POS 88

Hot Schedules

MARCH 29, 2021

For only a short span of time, he now has the experience and the expertise to point out his personal learnings along the way of progressing as a Product Owner. Being a product owner does not simply involve designing a product and solving business problems, but communicating and collaborating with people from various teams across the business.

Technology 148

Technology Insurance Healthcare Recruiting 148

The Restaurant Times

NOVEMBER 17, 2021

Takeout, drive-through, and delivery accounted for 60% of all restaurant and foodservice sales in October 2019, according to the National Restaurant Association. Takeout, drive-through, and delivery accounted for 60% of all restaurant and foodservice sales in October 2019, according to the National Restaurant Association.

Online Ordering 52

Online Ordering Ordering Front of House Food Order 52

7 Shifts

SEPTEMBER 26, 2022

If you're new to the industry and are wondering what experience you'll acquire in a restaurant job, or if you're an industry vet looking to clearly communicate your abilities and skills on a restaurant resume, read on for 20 distinct skills learned while working in a restaurant. Table of Contents. Skills for Your Resume. Cross-contamination.

Front of House 370

Front of House Back of House Kitchen Safety Food Safety 370

Restaurant365

MAY 30, 2022

But there was also excitement as the NRA predicted restaurant sales this year to climb higher than ever , long-isolated colleagues had the chance to reconnect, and Nathan’s Famous kept the hot dogs coming throughout the four-day affair. . It’s All About Automation . The most interesting of which came from Israel’s Yo!

2022 29

2022 Front of House Recruiting Back of House 29

Restaurant365

MARCH 11, 2021

A suite of restaurant inventory management capabilities. Your inventory control is a key piece of your restaurant’s financial health, so robust inventory management software should be a central feature of any restaurant management software platform. The more useful your inventory data, the more powerful it is.

Management 17

Management Management Inventory Cash Management 17

Lavu

MARCH 11, 2020

From the introduction of point of sale (POS) systems to accounting systems, technology is changing the ways restaurants operate today. Keeping your procedures and systems up-to-date is a great method to streamline your operations, reduce overhead, and increase your day-to-day sales by getting more people through the door.

Management 78

Management Management Cash Management Mobile Ordering 78

MBB Hospitality

NOVEMBER 28, 2023

This includes optimizing your inventory to reduce waste, negotiating with suppliers for better rates, and employing technology to streamline operations. Regular team-building activities, transparent communication, and recognition of individual achievements can fortify this culture.

Loyalty Program 52

Loyalty Program Customer Service Customer Experience Social Media 52

Modern Restaurant Management

MAY 12, 2020

Since its inception in mid-March, more than 500 restaurants around the world have joined the program and are reporting sales ranging from several thousand dollars to up to $60,000. The company is exploring collaborations with corporate partners and charities, as well as merchandise sales, to keep its mission alive. "When

Mobile Ordering 118

Mobile Ordering Online Ordering Food Order Hospitality 118