The Rail

JULY 5, 2024

This blog will explore essential restaurant management tips that will help you enhance profitability and drive success in the competitive food service industry. To boost sales, concentrate on emphasizing and selectively advertising high-margin goods. To further simplify and expedite processes, consider making your menu simpler.

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Management Management Loyalty Program Point of Sale 130

Focus POS

DECEMBER 4, 2020

Fortunately, choosing an innovative and intuitive online ordering system that integrates with your point of sale doesn’t have to be complicated. If you’re spending more time troubleshooting issues than making sales, you need a simplified solution. Choosing an online ordering system can be complicated and costly.

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Online Ordering Ordering Mobile Ordering Customer Experience 146

Restaurant365

APRIL 16, 2021

This data can be used to create targeted marketing campaigns and loyalty programs. Part of being a successful restaurateur is by being forward thinking and quickly adapting to this fast-changing industry. Today, consumers want convenient and easy ways to order food from your restaurant. Drives More Revenue. Consumers Expect It.

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Online Ordering Blog Ordering Front of House 78

Focus POS

MAY 5, 2020

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. Robust reporting functions included in a restaurant point of sale system are the key to managing your business efficiently and profitably.

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POS Mobile Ordering Point of Sale Inventory 120

Focus POS

SEPTEMBER 10, 2020

Don’t waste money paying for functions that you don’t need, and don’t sacrifice quality just for a cheap system that doesn’t quite fit right. Using historical sales data, you can identify which add-ons are most popular. Loyalty program. In a restaurant environment, customer loyalty is everything. Do your research.

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POS Loyalty Program Email Marketing Mobile Ordering 97

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.

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Loyalty Program Point of Sale Seasonal Menu Inventory 78

Cheetah

SEPTEMBER 8, 2019

In other words, your customer churn rate directly affects your ability to grow your restaurant business and ultimately increasing overall sales. Another great way to make your customers feel appreciated is by launching a reward loyalty program. Smaller establishments like cafés or bakeries can opt for punch cards.

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Compost Loyalty Program Customer Service Back of House 114

Restaurant365

APRIL 16, 2021

As a whole, restaurant profit margins are much lower than other industries, due to perishable item waste, staff turnover, seasonality, and other factors. When calculating your restaurant profit margin, keep these details in mind: First, your profit is a way to understand what percentage of your sales turned into profits. Net Profit.

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Loyalty Program Point of Sale Guest Recovery Seasonal Menu 88

Cheetah

SEPTEMBER 8, 2019

In other words, your customer churn rate directly affects your ability to grow your restaurant business and ultimately increasing overall sales. Another great way to make your customers feel appreciated is by launching a reward loyalty program. Smaller establishments like cafés or bakeries can opt for punch cards.

Compost 110

Compost Loyalty Program Customer Service Back of House 110

Restaurant365

DECEMBER 2, 2019

Other inventory management tasks such as automatic inventory tracking via point of sale system (POS) integration can also be automated. Over time, smart suggestive ordering, based on sales reporting forecasts and par level inventory, can reduce over-ordering and food waste. Controlling your food costs.

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Management Management Point of Sale Inventory 97

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.

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Point of Sale License Insurance Employee Relations 120

Notch

FEBRUARY 14, 2019

That means more bums in seats, more sales and more profit. percent of their average weekly sales during happy hour alone. There’s hard evidence that shows restaurant promotions can get more guests through your doors and more dollars in your tills. Fortunately, we’re here to help. What makes restaurant promotions powerful though?

Specials 75

Specials Loyalty Program Seasonal Menu Point of Sale 75

Harbor Touch

MARCH 19, 2025

Establish reorder points like 10 cases of fries or 5 gallons of sauce to avoid shortages during rushes. Restaurant Business Online reports top managers cut waste by 15% with tight trackingon a $50,000 food budget, thats $7,500 saved annually. This isnt just theory from a manual. It revealed more than any resume could.

Management 78

Management Management Seasonal Menu Cash Management 78

Harbor Touch

MARCH 19, 2025

Establish reorder points like 10 cases of fries or 5 gallons of sauce to avoid shortages during rushes. Restaurant Business Online reports top managers cut waste by 15% with tight trackingon a $50,000 food budget, thats $7,500 saved annually. This isnt just theory from a manual. It revealed more than any resume could.

Management 78

Management Management Seasonal Menu Cash Management 78

Restaurant365

NOVEMBER 19, 2019

With nearly half of the United States imposing higher minimum wages starting in 2020, restaurants also need to focus on optimizing labor costs (especially as a percentage of sales). By integrating POS system with an accounting and scheduling platform, labor and sales data can be used for smart forecasting. Finding and training staff.

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2020 Operations Mobile Ordering Social Media 92

Restaurant365

SEPTEMBER 3, 2021

For example, sales forecasts can inform smart schedules that make the most out of available labor hours. While managers may always need to make some adjustments if sales fluctuate, a strategically written schedule can minimize disruptive changes for your staff. Does your restaurant group have a profitability strategist? Reducing CoGS.

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Waste Cash Management Point of Sale Front of House 78

Restaurant365

JUNE 4, 2021

Essentially, improving your restaurant profit margin relies on two things: your sales volume and your expenses. You can achieve a better sales margin by increasing sales revenue and decreasing expenses. ” Here are ten ways to drive long-term restaurant profitability, through increasing sales and decreasing expenses.

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Point of Sale Loyalty Program Inventory Customer Service 78

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.

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2021 Operations Mobile Ordering Social Media 78

Restaurant365

OCTOBER 1, 2021

It can be calculated with the following formula: Gross Profit = Total Sales – CoGS. Your gross profit margin is expressed as a percentage, which you can use to understand how much of every dollar you make goes to your profit margin: Gross Profit Margin = (Gross Profit ÷ Total Sales) x 100. Why restaurant profit margins are low.

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Point of Sale Food Truck Inventory POS 78

Notch

JANUARY 23, 2019

Fortunately, driving more restaurant sales isn't particularly difficult. The key is to reduce your costs and increase your sales. As an owner-operator, your restaurant likely sits at the center of your life. It's not only your business and your livelihood— it's also your dream. So, why do it? Why run a restaurant at all?

Email Marketing 72

Email Marketing Merchandise Website Management Point of Sale 72

Notch

FEBRUARY 14, 2019

That means more bums in seats, more sales and more profit. percent of their average weekly sales during happy hour alone. There’s hard evidence that shows restaurant promotions can get more guests through your doors and more dollars in your tills. Fortunately, we’re here to help. What makes restaurant promotions powerful though?

Specials 52

Specials Loyalty Program Seasonal Menu Point of Sale 52

MBB Hospitality

NOVEMBER 28, 2023

These narratives build customer loyalty and can be the defining factor that keeps your tables filled. This includes optimizing your inventory to reduce waste, negotiating with suppliers for better rates, and employing technology to streamline operations.

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Loyalty Program Customer Service Customer Experience Social Media 52

Apicbase

JUNE 16, 2023

This blog provides an organised overview of the key metrics multi-site restaurant brands should track. Whether you’re looking to improve customer satisfaction, increase sales, or reduce costs, tracking these metrics will bring clarity to your restaurants’ performance and help you achieve your goals. Why Are Metrics Important?

Point of Sale 52

Point of Sale Inventory Waste Employee Relations 52

Notch

JANUARY 23, 2019

Fortunately, driving more restaurant sales isn't particularly difficult. The key is to reduce your costs and increase your sales. As an owner-operator, your restaurant likely sits at the center of your life. It's not only your business and your livelihood— it's also your dream. So, why do it? Why run a restaurant at all?

Email Marketing 52

Email Marketing Merchandise Website Management Point of Sale 52

Gourmet Marketing

SEPTEMBER 23, 2021

Follow our blog to soak up some of the lessons we’ve learned along the way. Establish a loyalty program to offer your customers rewards. A loyalty program is a fantastic way to get your customers to come back again and again. The key here is to make the program feel rewarding whenever your customers use it.

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Marketing 2021 Social Media Website Management 61

The Food Corridor

MARCH 27, 2023

This article is a good starting point to learn the cloud kitchen basics. Finally, we’ll explore the industry trends surrounding shared kitchens and what the future looks like for this new era of food delivery, before pointing out further resources for those looking to set up their own cloud kitchen business. billion by 2027.

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Kitchen Safety Delivery Online Ordering Food Order 59

Modern Restaurant Management

AUGUST 16, 2021

This edition of MRM Research Roundup features the latest facts and figures of restaurant operations, the state of business dining, and the mid-year gift card report. The State of the Restaurant Industry. foodservice industry. Quick service restaurants (QSRs), representing 81 percent of restaurant visits in the U.S., “The U.S.

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2021 Guest Recovery 2019 Point of Sale 450

The Restaurant Group

MAY 6, 2025

We’re talkin sales totals, customer orders, kitchen prep times, even that feedback card someone scribbled on. We’re talkin sales totals, customer orders, kitchen prep times, even that feedback card someone scribbled on. This includes daily sales, popular meals, customer reviews, and even employee schedules.

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Cash Management Online Ordering Point of Sale Mobile Ordering 78

The Restaurant Times

JANUARY 14, 2022

Globally, food waste generates 4.4 This is one of the reasons why food waste has been gaining momentum over the past few years. In the US, food waste and related packaging account for almost 45% of the material that goes into landfills. Step-by-step Guide For Starting A Waste-Free Restaurant In The US. Choose Location.

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Waste License Loyalty Program Website Management 98

ChefMod

OCTOBER 6, 2021

Additionally, the restaurant industry lost $240 billion in sales compared to the Association’s pre-pandemic forecast of the year 2020. In a bid to counteract these negative effects in the restaurant industry, the government established various regulations to ensure the safe operation of the restaurant industry.

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2021 Email Marketing Online Ordering Front of House 52

EATER

JULY 22, 2021

Within weeks, as the pandemic began to disproportionately affect Black communities like his own, he wanted to offer something beyond running a takeout program for the well-off, so he partnered with the anti-food-waste certified B Corp Too Good to Go , to donate leftover food. Chef Russell Jackson was tired.

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