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While true zero-restaurant food waste is extremely rare, it can be a meaningful goal. Implementing a zero-waste initiative can help minimize your carbon footprint and may even attract new customers who embrace your environmental friendliness. Additionally, limiting your food waste can improve your restaurant’s bottom line.
Payments for security systems, credit card processing, and waste removal are not specifically listed as eligible expenses within the forgiveness application. Schedule a demo today. The post Guest Blog: PPP Loan Forgiveness for Restaurants appeared first on Restaurant365. This post is to be used for informational purposes only.
Here are some ways they combine forces to tackle waste: Minimizing Food Waste with Precise Order Management When ConnectSmart Host updates table status and guest preferences, that information flows directly to ConnectSmart Kitchen. Fewer incorrect orders, less wasted food, and happier guests. The result?
By closely monitoring and optimizing this percentage, restaurants can better manage their inventory, minimize waste, and lower their overall expenses, ultimately maximizing cost reduction. Yield Percentage: Calculate the yield percentage to account for any waste or shrinkage during cooking. Food cost control is crucial.
Restaurant food waste is a pressing topic in the food and restaurant industry. ” However, the impact of food waste doesn’t just stop at landfills. ” However, the impact of food waste doesn’t just stop at landfills. Are you ready to see what you can implement to start reducing your restaurant food waste?
Every time your restaurant buys, counts, transfers, or wastes inventory, it must be entered as a journal entry in your accounting general ledger. If your inventory goes to waste, or it spoils before it is sold, it is an expense that directly impacts your bottom line. Schedule a free demo of Restaurant365 today.
The data from inventory management can help you place more accurate orders, calculate exact food costs, make informed menu changes, and address potential sources of food waste. However, it doesn’t account for potential real-life areas of inventory waste, like portioning mistakes, kitchen waste, or server errors.
This two-part blog series presents an overall guide to the essentials of payroll accounting for restaurant groups. If your restaurant uses separate payroll and accounting systems, you are left importing data back and forth, a manual process that can lead to errors or wasted time. Ask for a demo of Restaurant365.
Timer is an easy to use application to create timers for any activity that requires time tracking from cooked and cooled food, to non-food items that require tracking such as routine cleaning and waste removal. Hospitality Training Magazine – articles and member blogs with practical training content. restaurants.
Whether its food waste, employee theft, delivery mistakes, or missed prep tasks, small breakdowns can quickly turn into big losses. Every penny of wasted ingredients adds upespecially at scale. Discover how Detect can protect your margins Book a demo! And in 2025, those losses are avoidableif you know where to look.
At the same time, businesses are under growing pressure to implement sustainable practices, and reducing waste is one of the easiest ways to make an impact. How a KDS Eliminates Paper Waste and Improves Efficiency Switching to a digital system isnt just about sustainability, its about creating a smarter, more efficient kitchen.
The focus of this blog post is to help existing restaurants launch their own ghost kitchens. Managing your restaurant inventory helps you prevent waste, lower your food cost, and increase your bottom line. Just as in your on-premise operation, it is wise to examine inventory costs and food waste to increase profit margin on each dish.
The four main factors that would lead to variances between actual and theoretical food costs are waste, errors, portioning, and theft. Food items that are wasted for any reason can be easily entered on a waste log, which can be posted in every workstation. For more information, schedule a free demo. WATCH THE WEBISODE.
Your team must still take manual inventory by hand to account for spoilage, improper portioning, and waste. Here are two methods to extend shelf life and minimize waste: Organize, Sort, and Implement “First In, First Out” (FIFO). As a restaurant operator, you are trying to avoid wasted inventory at all costs.
So let’s start without wasting time. REQUEST A FREE DEMO (No hidden charges). REGISTER FOR A FREE DEMO NOW!! BOOK YOUR FREE DEMO NOW!! The post 7 Smart Ways (Practical) to Increase your Restaurant Sales in 2021 appeared first on Bingage Blog. Getting sales looks harder? Bingage made it easy for you?
Fast Facts: Food related waste, including straws, cutlery, and takeout containers, make up more than 60% of the most commonly collected items at the International Coastal Cleanup (ICC). Schedule a free demo of Restaurant365 today. 60% Americans would support local ordinances improving recyclability standards for takeout containers.
Bad decisions can cost big bucks in lost income and waste, so it’s smart business to monitor inventory levels, expiration dates, and reorder at the appropriate time. For more information about Focus POS and how you can request a demo, please contact us.
This way, you can take immediate action on issues like incorrect portions or food waste (explored below). Once the menu items in your Point of Sale (POS) system are mapped to recipe costing, you are set to evaluate your food costs and food waste, explored in the next section. Ask for a free demo of Restaurant365 today.
There’s sales and customer data, labor performance data, and even data telling you how much food you waste. Accurate restaurant inventory management is the key to reducing food waste, and inventory is informed by your restaurant data. You must also count your inventory by hand, accounting for what is lost in spoilage or waste.
Whether its a missed modification, an incorrectly fired dish, or a forgotten ticket, these errors dont just slow down service they also lead to unnecessary food waste. Food waste doesnt just hurt your bottom line it also has a significant environmental impact, contributing to landfill overflows.
When tightly integrated with both the accounting system and POS system, inventory tracking is a more useful, accurate tool that can be used to lower cost of goods sold (CoGS), minimize food waste, and better allocate ingredients. By purchasing food, beverage, and supply orders at the right level, you reduce waste and save on food costs.
Plus, soups are a great way to use leftover meats and vegetables that are close to expiration, reducing food waste (and the profit margins on these items can be huge). Schedule a free demo of Restaurant365 today. Consider limiting dining times.
If you’d like to leverage recipe costing to track food costs, control food waste, and optimize profit margin, consider an all-in-one restaurant management system. Schedule a free demo of Restaurant365 today. Keeping up with food trends is a great way to keep your restaurant relevant. The post Ready to Spice Things Up?
If it’s not on the shelf, it can’t be stolen, spoiled or wasted. So, the key to minimizing food waste that can eat into your profits is effective restaurant inventory management. The better and more streamlined your inventory control , the less food waste in your kitchen and the more money added to your bottom line.
By comparing your theoretical food cost (what you should have spent to prepare menu items) to your actual food cost (what you spent, accounting for errors and waste), you can track the variance in costs. Schedule a free demo of Restaurant365 today. Your AvT variance points directly to where you can improve your food cost.
The ease of making changes to a QR code menu allows you to reduce food waste by adding specials to quickly sell inventory that’s approaching its expiration date. QR code menus can reduce wasted food because it minimizes ordering miscommunication and errors. Schedule a free demo of Restaurant365 today. Improve Ordering Accuracy.
In this blog, discover effective restaurant management techniques to reduce food cost and position your restaurant for short- and long-term financial success. Just request a demo to get started today! Plus, the prices of ingredients are fluctuating frequently due to supply chain and logistical challenges. Are you ready to join them?
You don’t need to waste space describing their duties. Request a free demo of R365 HIRE today. This suggestion might raise some eyebrows, but remember, it’s an employees’ market. You want to attract applicants with your job postings. Servers know what the job entails. Instead, use your words to get them in the door.
Training your store-level managers and your kitchen staff about food waste reduction is critical to improving overall Cost of Goods Sold (CoGS). Preventing food waste from happening in the first place is the best thing you can do to save on your food cost. 12 tips to keep your kitchen staff focused on food waste reduction.
Your AvT food cost tracking compares what you should have spent on your food cost in theory, versus what you actually spent, given sources of error like improper portioning or kitchen waste. Schedule a free demo of Restaurant365 today.
You may have a hunch that you are doing fewer table turns on the weekend, or that your inventory has gotten wasteful recently. In this blog, Part 2 of 2, we explore critical restaurant KPIs about your BOH data to review for long-term profitability. This can lead to food waste or poor food quality. Read Part 1 here ).
Your restaurant must categorize food costs correctly, tracking inventory and food waste to order at the right level for sales. Schedule a free demo of Restaurant365 today. Finally, food costs and labor costs can easily increase out of control if your restaurant is not optimizing expenses.
Accounting for potential areas of inventory loss such as wait staff errors, kitchen waste, or incorrect preparation can be time consuming, but necessary. Use inventory tracking to reduce waste. Tracking each menu items’ recipe cost can help you optimize food usage and reduce food waste over time. Forecast sales year-round.
When that inventory is wasted, stolen or spoiled before it’s sold, it must be written off as an expense in the books. If it’s not on your shelf, it can’t be stolen, spoiled or wasted. The key to minimizing food waste that can eat into your profits is effective restaurant inventory management.
In an industry with particularly tight margins and volatility, each inefficiency and every wasted second means less profitability. Blog Meet the Villains Part Two: The Rogue Spender Watch out: he's wily and he's mean. REQUEST A DEMO. Managing Invoices by Exception – an Exceptionally Good Idea. Your content goes here.
Keep in mind that there are other variables to take into account besides just the price of the system itself: additional expenses, such as ongoing support and training costs, and ways the new system will save you money, such as reductions in waste, labor costs, or shrinkage. Contact Focus to learn more or request a demo.
In this two-part blog post series, you’ll learn the importance of forecasting in restaurants and how to accurately implement restaurant demand forecasting. So, forecasting helps you control cash flow by both reducing food waste and reducing labor hours staffing your kitchens on over prepping. . Request a demo of Restaurant365 today.
How do you keep track of all these different shipments and ingredients to minimize food waste, ensure you are prepared for service, and optimize what you’re spending on your ingredients? This means that for restaurant owners and operators, the budget you have invested in product can quickly go to waste if inventory control isn’t top of mind.
If it’s not on the shelf, it can’t be stolen, spoiled or wasted. So, the key to minimizing food waste that can eat into your profits is effective restaurant inventory management. The better and more streamlined your inventory control , the less food waste in your kitchen and the more money added to your bottom line.
In this blog, we delve into the top-tier prophecies for the year ahead and illuminate how our ConnectSmart® suite can propel your restaurant into a league of its own. Schedule a demo today and witness firsthand how ConnectSmart® can elevate your restaurant to unparalleled heights! Welcome to a gastronomic journey into the future!
To calculate your ideal food cost percentage, leverage your theoretical food cost, the cost of making all menu items over a given period time assuming perfect portion sizes, no waste, no mistakes, and no theft. The variance between these two numbers is food waste, breakage and theft. Forecast your inventory for uncertainty.
As business levels continue to fluctuate since early Spring, it is important to keep stock levels to a minimum to preserve cash and minimize waste. Get a demo, learn more, or just ask some questions. Top Five Supply Chain Management Tips. . Keep Stock Levels to a Minimum. Learn more about our New HotSchedules Health Survey feature.
You’ll just waste your time if you describe your restaurant as “fun” when it’s not, or “fine dining” when it’s QSR. Schedule a free demo. Include language in your job description that gives candidates confidence in your payroll process. Be truthful.
What happens when something is ordered that then goes to waste? What happens when something is ordered that then goes to waste? Schedule a free demo today to learn how we can help your business achieve more. Schedule a Demo. Managing Inventory — and Your Time . Stock counting frequencies vary by location and concept.
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