Restaurant365

NOVEMBER 18, 2021

This two-part blog series presents an overall guide to the essentials of payroll accounting for restaurant groups. You receive time in your Point of Sale (POS) system. From hiring and onboarding to running employee payments and paying taxes, payroll touches on many different parts of a restaurant business.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

SpotOn

APRIL 24, 2025

Activations include apron and tote bag embroidery, live demos, office hours with SpotOn Restaurateur in Residence , and networking for restaurant leaders to exchange insights and spark new collaborations.

2025 52

2025 Email Marketing Education Point of Sale 52

Hot Schedules

NOVEMBER 3, 2020

Understanding what new food and beverage offerings are your top seller based on your ticket sales data (because we bet it won’t be the same as last year’s), and stretching the value of that menu item. They still are sales and labor. Top 3 Fundamentals of Running Vital Restaurant Operations. A lot, actually.

Operations 148

Operations Document Point of Sale Social Media 148

Lavu

JUNE 6, 2025

This calculation involves dividing the cost of food sold by the total food sales and multiplying the result by 100 to get the food cost. Discovering new ways to reduce costs in restaurant management can boost profits. Focusing on making more money is essential to keep your business successful in the long run.

Loyalty Program 78

Loyalty Program Waste Recycling Inventory 78

Hot Schedules

MARCH 4, 2021

Labor continues to be the most pressing pain point for operators today. On top of the decreased sales resulting from the pandemic, the hospitality industry is facing an ongoing rise in labor costs and uncertainty regarding supply chain reliability and product availability. Get a demo, learn more, or just ask some questions.

Webinar 134

Webinar Employee Relations Point of Sale Retail 134

Restaurant365

OCTOBER 15, 2021

Because sales and labor needs can change by the hour, day, week, and month, it can be difficult to control your labor budget over time. Your total labor cost is a dollar figure that may shift over time as sales fluctuate (we’ll discuss calculating this labor cost as a percentage below). Salaried Employees.

Management 148

Management Management Point of Sale Employee Relations 148

Restaurant365

NOVEMBER 12, 2021

You are already generating data about your food cost, menu items, and sales levels. At its core, menu engineering tracks the profitability of menu items individually, as well as your product sales mix. At its core, menu engineering tracks the profitability of menu items individually, as well as your product sales mix.

Menu 143

Menu Operations Point of Sale POS 143

Restaurant365

SEPTEMBER 23, 2021

For instance, since restaurants primarily sell food and drink, inventory turns over at a very frequent rate, and sales are made up of a high number of transactions. Between inventory, sales, and other data points like labor, restaurants generate an enormous amount of data. What specific issues do restaurants face in accounting?

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Restaurant365

DECEMBER 10, 2021

A period with seven weekend days, as opposed to one with nine, will likely generate much different sales and expense levels. For instance, if you run payroll weekly or bi-weekly, a four-week accounting period allows you to align labor costs with sales, informing accurate, useful labor cost calculations.

Point of Sale 146

Point of Sale Back of House Front of House POS 146

Restaurant365

FEBRUARY 22, 2022

There’s sales and customer data, labor performance data, and even data telling you how much food you waste. Your restaurant sales data holds the keys to how successful your restaurant group can be, if you use this business intelligence to drive your decisions. Are you using restaurant analytics? Why you should use restaurant analytics.

Point of Sale 147

Point of Sale POS Inventory Seasonal Menu 147

Restaurant365

OCTOBER 29, 2021

During the COVID-19 pandemic, restaurants implemented new safety measures designed to encourage social distancing and limit points of contact. To support this effort, your point of sale (POS) system, your payment methods, and your restaurant accounting system should all be fully integrated. Leveraging QR Codes & Mobile Pay.

Customer Experience 158

Customer Experience Technology Mobile Ordering Point of Sale 158

Restaurant365

JANUARY 7, 2022

Upgrading to a handheld point-of-sale device will save your servers valuable time when taking guest orders. It is hard to believe that it has been almost two years of restaurants adjusting operations due to COVID-19. The resurgence of the virus will increase the demand for outdoor dining options. Add a sense of privacy.

Outdoor 148

Outdoor Seasonal Menu Point of Sale Dine-in 148

Restaurant365

AUGUST 19, 2021

Your overall profit margin depends on your sales relative to expenses. And while it is critical to focus on increasing your sales, one of the most important parts of accounting basics is starting with accurate recording of your expenses. Restaurant accounting covers all areas of your business, even inventory.

Inventory 147

Inventory Management Management Employee Relations 147

Restaurant365

SEPTEMBER 10, 2021

If your restaurant inventory management system is fully integrated with your point of sale (POS) system, you can streamline and automate as much of the inventory process as possible. Your inventory system can automatically pull sales information to track theoretical inventory. Create a regular schedule for manual counts.

Inventory 138

Inventory Management Management Point of Sale 138

Restaurant365

MAY 22, 2020

At this point, you can also provide your new hires with a total compensation report that breaks down their earnings to give them full transparency of their take-home dollar amount. Understanding how to schedule and engage your staff is one of the most essential aspects of being a successful restaurant owner or operator.

Guest Recovery 148

Guest Recovery Recruiting Document Point of Sale 148

Focus POS

MAY 5, 2020

Robust reporting functions included in a restaurant point of sale system are the key to managing your business efficiently and profitably. If you aren’t convinced, here are five reasons why you should implement POS technology this year: Simplify Inventory Control. Create More Detailed Reports. Complete Transactions.

POS 120

POS Point of Sale Mobile Ordering Inventory 120

Focus POS

FEBRUARY 5, 2019

Higher table turnover rate equals more satisfied customers and greater sales revenue. Look for a point of sale (POS) system that includes robust table management features, such as a customizable floor plan that makes it easy for hosts to track which tables are filled or available. Choose the Right POS System.

Management 106

Management Management Tip Distribution Point of Sale 106

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. Where Business Meets Technology. Assen Kapitanov on His Journey as a Product Owner at Fourth. How this is done may vary widely across organizations, scrum teams, and individuals.

Technology 148

Technology Insurance Healthcare Employee Relations 148

Bingage

MARCH 18, 2023

In this blog, we’ll look at the best strategies to turn visitors into brand advocates right here. For other businesses, maybe a customer purchased because of a specific sale, and after that, they haven’t been back and they probably won’t if you don’t offer them discounts, products, or services. Do you know why?

Loyalty Program 98

Loyalty Program Social Media Email Marketing Customer Service 98

Restaurant365

JANUARY 4, 2022

To ensure efficiency, a restaurant inventory management system that is fully integrated with your point of sale (POS) system can streamline and automate as much of the inventory process as possible. With integration, your inventory system can also automatically pull sales information to track theoretical inventory.

Inventory 148

Inventory Pricing Management Management 148

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

Bingage

APRIL 24, 2022

Mother’s day is coming and you must be looking for the best ideas to increase sales on the occasion of mother’s day that you can simply implement. or Any other discount to boost repeat sales. Well, As per a study, 87 million people will dine at a restaurant on mother’s day. Arrange a Dance party for Moms.

2022 98

2022 Point of Sale Seminar Customer Experience 98

Restaurant365

OCTOBER 16, 2019

For instance, your point-of-sale (POS) system may be able to automatically track theoretical inventory based on sales (in product or dollars). When most restaurant owners think about how to manage restaurant inventory, they think of food cost control. The nuts and bolts of restaurant inventory management.

Inventory 113

Inventory Management Management Point of Sale 113

Restaurant365

NOVEMBER 6, 2020

Your restaurant may have expanded takeout, online food delivery, or curbside pickup to increase your sales and adapt to the new reality. Here, we go over how to start examining the impact of your off-premise sales on your restaurant’s financial health. Rank these service types from highest to lowest sales within a selected time period.

Dine-in 113

Dine-in Delivery Ordering Point of Sale 113

Restaurant365

NOVEMBER 26, 2019

Automated tracking of sales and taxes. To make the best choice of order management software, consider trialing a live demo of the software to understand how user-friendly it is. Restaurant management software features are constantly evolving, and that growth will continue to speed up in the future. Cloud-based management.

2020 117

2020 Management Management Mobile Ordering 117

Restaurant365

JANUARY 7, 2020

Restaurant staff labor retention is one of the primary areas of focus for today’s restaurant manager. With unemployment hovering around 4% , today’s labor market is one of the toughest in three decades. The restaurant industry knows that high turnover and unengaged employees can be costly. Tips for Hiring Millennials.

Mobile Ordering 120

Mobile Ordering Employee Relations Hiring Point of Sale 120

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. Part 2 will take a deep dive into how to forecast restaurant sales, including labor demand forecasting and food demand forecasting. Restaurant budgeting and forecasting differences.

2022 78

2022 Cash Management Point of Sale Inventory 78

Hot Schedules

FEBRUARY 3, 2021

O n top of the decreased sales resulting from the pandemic, the hospitality industry is facing an ongoing rise in labor costs and uncertainty regarding supply chain reliability and product availability. Can you have a conversation with your supply chain to help adjust product volume and price point?

Menu 88

Menu Seasonal Menu Food Supply Point of Sale 88

Restaurant365

JUNE 15, 2021

Your restaurant is constantly generating data, whether from your sales revenue, food costs, or labor hours. In this blog, Part 2 of 2, we explore critical restaurant KPIs about your BOH data to review for long-term profitability. The data is always there—but it’s up to you as an owner or operator to use it. Read Part 1 here ).

BOH 78

BOH FOH Back of House Point of Sale 78

Chowly

JUNE 18, 2025

It’s your visibility, your reputation, and your ability to convert search into sales. Customer Trends – Identify repeat behavior, drop-off points, and loyalty drivers. If you want marketing that works as hard as you do, book a demo today. Agency vs. Platform: What's the Real Difference? Agencies Talk. Platforms Prove.

Marketing 40

Marketing SEO Mobile Ordering Email Marketing 40

Xtra Chef

FEBRUARY 5, 2020

At this point, no other extra factors, such as your market or perceived value, are factored into the equation. To calculate plate cost, read our blog, How to Calculate Plate Cost , for a step-by-step guide or check out xtraCHEF’s Recipe Management Software to start automatically calculating plate costs.

Pricing 102

Pricing Menu Point of Sale Customer Service 102

Restaurant365

MARCH 10, 2020

Tracking your inventory shows what is coming into your restaurant, what is leaving your kitchen as sales, and what is left over on your shelf. When you think of your restaurant finances, do you think of your inventory? What is Restaurant Inventory Management? Sitting Inventory.

Inventory 103

Inventory Management Management Waste 103

Restaurant365

OCTOBER 22, 2021

There are many restaurant data points that can help you see beyond the buzz of the day-to-day of a restaurant and get a glimpse at the health of your business. How to calculate labor cost as a percentage of sales. Your total labor cost will change over time as sales levels fluctuate. How to calculate sales per labor hour (SPLH).

Point of Sale 78

Point of Sale Insurance Inventory Cash Management 78

Restaurant365

JANUARY 12, 2022

Higher minimum wages, combined with the labor shortage are stretching restaurant labor budgets to a near breaking point, requiring you to optimize your restaurant labor costs now more than ever. Your hourly sales forecasts and custom labor model provides managers with suggested number of employees for each hour of the day.

Point of Sale 78

Point of Sale POS Employee Relations Information 78

Restaurant365

APRIL 15, 2021

This blog post was originally published on September 10, 2019 and updated on April 15, 2021. With detailed numbers about your total costs and total sales breakdowns, a P&L provides actionable insight into the strengths and weaknesses of your business. The revenue calculation pulls from restaurant menu sales data. Prime Cost.

Point of Sale 78

Point of Sale Cash Management Beverage Insurance 78

Bingage

NOVEMBER 18, 2019

Offering Combos in trend now, it is shown in the study that combos deal attract customers, The attractive prices that you offer on a combo offer will give the result of increased sales of multiple products at once. So 2019 is coming to a close, people must be started planning for the evening. Hold Live Musical Night. Fixed a Space for kids.

Loyalty Program 81

Loyalty Program Social Media Email Marketing Advertising 81

Restaurant365

APRIL 30, 2020

When someone places an order, sends a delivery ticket to the kitchen, or takes inventory, valuable data points are created that can inform bigger insights. By using analytics, fueled by sales data pulled from your POS system, you can identify your most popular items. Although these two terms are similar, they are not interchangeable.

Loyalty Program 78

Loyalty Program Point of Sale Seasonal Menu Inventory 78