7 Shifts

JANUARY 31, 2024

Managing a restaurant is a delicate routine—if we can even call it a routine. Managers are responsible for nearly every aspect of the restaurant and have to cover a variety of duties. In addition to their main duties, restaurant managers also have to contend with all the unwritten or hidden responsibilities that fall on them.

Management 397

Management Management Kitchen Safety Front of House 397

The Restaurant Group

FEBRUARY 14, 2025

Monitoring key performance metrics is crucial for your restaurant’s success. Gross Profit Margin Definition of Gross Profit Margin Gross profit margin shows the money left after subtracting the cost of goods sold (CoGS) from total sales. It indicates how efficiently your restaurant produces and sells its menu items.

Point of Sale 78

Point of Sale Loyalty Program Customer Service Inventory 78

The Restaurant Group

FEBRUARY 23, 2025

Introduction In the fast-paced world of restaurants, keeping a close eye on your inventory is as vital as the secret sauce in your signature dish. Proper inventory tracking helps reduce waste, control costs, and boost profits. What Is Restaurant Inventory Management? Key Components of Restaurant Inventory Management 1.

Inventory 88

Inventory Management Management Audits 88

EATER

MARCH 3, 2022

This rainbow-hued array of drinks is popping up all over the country not as part of a new tea shop chain, but associated with “nutrition clubs” with vague names like Good 2 Go Nutrition or Healthy Life Nutrition. These nutrition clubs aren’t new either, but they are appearing all over small-town America at an impressive clip.

Recruiting 313

Recruiting Small Business Social Media Consumer Goods 313

The Restaurant Group

APRIL 18, 2025

What is Restaurant Accounting? Simple Definition of Restaurant Accounting Restaurant accounting is the process of recording, analyzing, and interpreting financial data for a restaurant. How is Restaurant Accounting Different from Regular Accounting? Its simpler and often used by small restaurants.

Management 78

Management Management Cash Management Inventory 78

Lavu

JUNE 6, 2025

Running a successful restaurant in 2025 means more than just great food—it requires smart financial decisions. With rising ingredient prices, labor shortages, and tighter margins, operators must find strategic ways to reduce restaurant costs without compromising quality or customer experience. Food cost control is crucial.

Loyalty Program 78

Loyalty Program Waste Recycling Inventory 78

Restaurant365

FEBRUARY 25, 2020

What is the average profit margin for a restaurant can be an essential, but tough, question to answer. Your restaurant profit margin depends on a number of factors that may be beyond your control. . What is the Average Restaurant Profit Margin? The profit margin varies by type of restaurant, as explored below. .

Loyalty Program 183

Loyalty Program Point of Sale Fast Casual Online Ordering 183

Modern Restaurant Management

MAY 12, 2020

In this edition of MRM News Bites, read about efforts to help the restaurant industry and heroes as well as "new normal" restaurant technology and products. The Dining Bond Initiative, a campaign that helps get funds to restaurants impacted by the coronavirus COVID-19, has gone global. Dining Bond Goes Global.

Mobile Ordering 376

Mobile Ordering Online Ordering Food Order Hospitality 376

Restaurant365

MAY 26, 2020

The economy may be in flux right now, but as restrictions start to lift and limited dine-in is allowed in most states, restaurants are at a critical juncture. However, as the restaurant industry and your business move to a new normal, returning to tracking and controlling costs is more important than ever.

Point of Sale 148

Point of Sale Employee Relations Inventory Insurance 148

Sling

APRIL 19, 2021

In technical jargon, profit is the income (or revenue) for a product or service minus the cost of goods sold (COGS) for that product or service. Combining the two words creates a term that means: The amount by which revenue from sales exceeds costs. And how do you go about calculating this crucial metric? Profit Margin.

Small Business 145

Small Business Cash Management Customer Service Inventory 145

7 Shifts

JANUARY 31, 2024

Managing a restaurant is a delicate routine—if we can even call it a routine. Managers are responsible for nearly every aspect of the restaurant and have to cover a variety of duties. In addition to their main duties, restaurant managers also have to contend with all the unwritten or hidden responsibilities that fall on them.

Management 195

Management Management Kitchen Safety Front of House 195

Restaurant365

JANUARY 18, 2022

While true zero-restaurant food waste is extremely rare, it can be a meaningful goal. Additionally, limiting your food waste can improve your restaurant’s bottom line. Less food waste means lower Cost of Goods Sold (CoGS), potentially adding to your profitability. Track your restaurant food waste manually.

Waste 147

Waste Compost Food Consumer Goods 147

Restaurant365

AUGUST 19, 2021

The success of your restaurant group, in the short- and long-term, rests on a solid foundation of restaurant financials. Restaurant accounting covers all areas of your business, even inventory. So, inventory has an important place in your restaurant accounting. Understanding restaurant accounting basics.

Inventory 147

Inventory Management Management Employee Relations 147

Paper Chase Accountancy

MAY 21, 2025

Hotels, restaurants, and sprawling F&B groups operate within a unique financial landscape, demanding far more than generic bookkeeping. They require specialized support that understands the intricacies of fluctuating revenues, high labor costs, and complex inventory management. Learn more about our Accounting Services !

Hospitality 52

Hospitality Sustainability Cash Management Hotels 52

Restaurant365

SEPTEMBER 23, 2021

Every business relies on good accounting, but it is especially true in the competitive restaurant industry. Whether you’re a bookkeeper, accountant, restaurant owner, or store-level manager, understanding the basics of accounting can pay dividends for your business. How is restaurant accounting different?

Cash Management 147

Cash Management Point of Sale POS Inventory 147

7 Shifts

NOVEMBER 1, 2022

Restaurant owners and operators wear a lot of hats. And the big restaurant brands are only getting bigger , making it even harder to stand out. You need to put yourself in front of diners, get them in your door, and turn them into ambassadors of your restaurant that come back and tell their friends about you. Table of Contents.

Seating 221

Seating Email Marketing Marketing SEO 221

Restaurant365

FEBRUARY 6, 2020

How to Do Bookkeeping for a Restaurant in 5 Simple Steps. Restaurant bookkeeping involves financial and accounting practices that track your business’ detailed costs and revenue. With the many moving pieces involved in a restaurant, a seamless accounting process can be difficult. Track Your Daily Sales.

Point of Sale 138

Point of Sale POS Inventory Cash Management 138

Paper Chase Accountancy

MAY 30, 2025

Sample Bookkeeping for Restaurants and Bars: In the hospitality industry without precise record-keeping, even the most successful establishments can find themselves adrift, struggling with cash flow, compliance, and ultimately, profitability. Bookkeeping is the often-unsung hero, forming the bedrock of smart financial management.

Bar 52

Bar Cash Management Point of Sale Back of House 52

EATER

OCTOBER 19, 2023

It’s that they’ve done so because they provide not only structure for most of our desserts and baked goods, but also what we identify as the flavor or texture. The Huckleberry Hound-colored rice pudding inside the pastry was brought to us by Upward SW 6239, a hue that paint conglomerate Sherwin-Williams deemed its 2024 Color of the Year.

Email Marketing 339

Email Marketing Seasonal Menu 2011 Book 339

Sling

AUGUST 1, 2024

Effective restaurant bookkeeping is essential if you want to ensure your operation’s success. With a comprehensive system in place, you’ll be better positioned to make informed decisions, control costs, and maximize profits. For example, do you know what cost of goods sold, gross profit, and prime cost mean?

Management 78

Management Management Cash Management Seating 78

Restaurant365

JANUARY 4, 2022

Restaurant inventory management plays a key role in overcoming rising food prices. For example, these common restaurant ingredients rose significantly in mid-December 2021 over the same period in 2020: Refined sugar – 31%. As the rising food cost trend continues, it’s time to tighten your inventory control. from a year ago.

Inventory 148

Inventory Pricing Management Management 148

Xtra Chef

AUGUST 12, 2020

Food costs are one of the most significant factors of a restaurant’s success. Knowing your restaurant food costs helps with menu pricing, affects prime costs, and plays an integral part in remaining profitable. But managing restaurant food costs can be challenging. The good news?

Food 120

Food Inventory Waste Food Order 120

Restaurant365

DECEMBER 17, 2019

Restaurants are unique businesses that come with their own specific set of startup costs. Your average restaurant labor cost and restaurant food cost will vary based on your type of concept, location, size, and other details. Before rushing to open your doors, you need to understand your restaurant costs.

Point of Sale 120

Point of Sale License Insurance Employee Relations 120

Restaurant365

SEPTEMBER 10, 2021

Inventory management tracks what’s going in and out of your restaurant for a specific period, and what product is in your restaurant at any given time. 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.

Inventory 138

Inventory Management Management Point of Sale 138

Restaurant365

OCTOBER 16, 2019

When most restaurant owners think about how to manage restaurant inventory, they think of food cost control. For restaurant owners, inventory control is closely related to accounting and food cost management. The nuts and bolts of restaurant inventory management. End-to-End Inventory Management.

Inventory 113

Inventory Management Management POS 113

Sling

JUNE 4, 2023

Curious about what’s going on “under the hood” of your restaurant and want to make your business more profitable? Learn how to use restaurant ratios. Table of contents What are restaurant ratios? Table of contents What are restaurant ratios? Important restaurant ratios to know What are restaurant ratios?

Inventory 78

Inventory Article Blog Food Supply 78

Indoor Media

JUNE 17, 2020

To measure the success of your ad campaign, a simple formula to follow is: Average Sale X Total New Customers = Sales Revenue generated from promotions. – Cost of Goods Sold. – Discount Given to Consumer (if running a coupon ad). – Advertising Spend. Step 1: Define Advertising Success. Click To Tweet.

Small Business 143

Small Business Advertising Coupons Point of Sale 143

Sling

JUNE 9, 2023

Running a successful restaurant isn’t just about serving great food. It’s also about controlling restaurant costs so you don’t spend more than you make. So, in this article, we discuss some of the most important restaurant costs, how to calculate them, and how to use them to run your restaurant better.

Operations 78

Operations Food Supply Inventory Point of Sale 78

Xtra Chef

JULY 15, 2020

Reducing food cost in restaurant management is as important as ever. Maximizing every dollar earned right now is an absolute must for restaurants to weather the storm. Maximizing every dollar earned right now is an absolute must for restaurants to weather the storm.

Management 91

Management Management Food Inventory 91

Margin Edge

OCTOBER 19, 2021

This blog discusses how to calculate waste, an industry hack to make it easier using key items, and how doing this can positively impact your business’ bottom line. There are two main ways you can calculate the variance: manually or with a back-office integration tool like a restaurant management system (RMS).

Waste 98

Waste Food Inventory POS 98

Restaurant365

DECEMBER 11, 2020

The year 2020 prompted enormous changes in the restaurant industry. The events of this year made running a lean, streamlined restaurant business a necessity to survive the many shifts. As 2021 begins, there are many restaurant management best practices that can be applied to strengthen your business, in the short and long term.

2021 136

2021 Cash Management Management Management 136

Restaurant365

JUNE 15, 2021

Your restaurant is constantly generating data, whether from your sales revenue, food costs, or labor hours. Get the data you need to grow your profitability by reviewing critical FOH and BOH restaurant KPIs. If you can unify your FOH and BOH data, you can contribute to a healthier restaurant profitability in the long-term.

BOH 78

BOH FOH Back of House Point of Sale 78

Future Food

OCTOBER 20, 2020

The fate of F&B in shopping centres – especially the Food Court – and internally-focused cafés and restaurants is going to rest in the hands of designers. The fate of F&B in shopping centres – especially the Food Court – and internally-focused cafés and restaurants is going to rest in the hands of designers. will be here.

2022 145

2022 Design Food Back of House 145

Restaurant365

FEBRUARY 19, 2020

Staying competitive in the modern restaurant industry requires devoting time, energy, and resources to restaurant accounting. . Modern restaurant accounting methods depend on accurate and timely data about your business. What is Restaurant Accounting? The restaurant industry is infamous for slim margins.

Point of Sale 120

Point of Sale Cash Management Consumer Goods Inventory 120

Restaurant365

JANUARY 27, 2022

Restaurant operators have chosen to go digital to ensure customers’ health and safety as these touchless menus can help mitigate virus spread. In Hospitality Technology’s 2021 Customer Engagement Technology Study , it was found that 37% of diners prefer to dine at restaurants that do not have a paper/physical menu.

Mobile Ordering 148

Mobile Ordering Social Media Customer Experience Online Ordering 148

Restaurant365

MARCH 10, 2020

When you think of your restaurant finances, do you think of your inventory? Your restaurant inventory management is an oft-forgotten component of your finances, but the amount of product you have on hand represents a large part of your budget. What is Restaurant Inventory Management? Sitting Inventory.

Inventory 103

Inventory Management Management Waste 103

Hot Schedules

MARCH 26, 2020

Restaurants around the world are leaning on that creativity – reimagining their dine-in concepts as the world stays home, and finding new ways to reach customers. Restaurants around the world are leaning on that creativity – reimagining their dine-in concepts as the world stays home, and finding new ways to reach customers.

Inventory 97

Inventory Management Management Social Media 97