ChowNow

JULY 10, 2024

Launching a restaurant is an exciting journey that can be filled with lots of twists and turns, but there’s a lot of effort and intention that goes into the process before you even open your doors to customers. For starters, it’s essential to start off with a well-structured and intentional restaurant business plan.

Point of Sale 221

Point of Sale Email Marketing License Customer Service 221

Focus POS

JANUARY 15, 2020

When a technology solution affects as many areas of business as your restaurant POS system does, it can be difficult to track the true return on investment (ROI) that it offers. The first step to understanding the true ROI from a restaurant POS system is to determine quantifiable factors that are influenced by the POS.

POS 151

POS Front of House Inventory Loyalty Program 151

Hot Schedules

DECEMBER 6, 2019

How to Achieve Accurate Forecasting. When planning ahead, forecasting methods — and accuracy — vary dramatically restaurant to restaurant. How accurate is your forecast? H ow does your restaurant forecast demand? Every manager forecasts differently. This approach is called demand forecasting.

White Paper 109

White Paper Inventory Employee Relations Download 109

Restaurant365

FEBRUARY 8, 2022

Restaurant forecasting is so critical, especially now when 2022 could possibly be as unpredictable as 2020 and 2021. Forecasting implications affect inventory and labor spending, so you must forecast to accurately predict what your labor cost is going to be and what your restaurant inventories are going to look like.

2022 78

2022 Cash Management Point of Sale Inventory 78

Hot Schedules

AUGUST 25, 2021

Meaningful Metrics: Empower Restaurant Managers with the Right Data to Drive Smart Decisions. A t every restaurant, metrics matter. It’s up to operational leadership to measure them, monitor them, and make them align to annual initiatives — while also making those metrics relevant for day-to-day restaurant performance.

Management 138

Management Management Food Safety Leadership 138

Hot Schedules

APRIL 1, 2020

Introducing HotSchedules Quick Guide Videos for Essential Operations. I t is an increasingly anxious and uncertain time for the restaurant industry — businesses have been forced to lay off team members, dramatically scale back operations, and rapidly adapt to off-premises concepts that could be new to many operators. Forecasting.

Operations 78

Operations Employee Relations Education Inventory 78

Restaurant365

AUGUST 25, 2020

Comprehending your restaurant cash flow is essential to running your restaurant business. Cash flow refers to the amount of cash coming into your restaurant minus the amount of cash going out on a daily, weekly or monthly basis. Some of the main causes of cash flow problems in restaurants are: Low profits (or losses).

Cash Management 97

Cash Management Seasonal Menu Inventory Email Marketing 97

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

Focus POS

DECEMBER 8, 2021

During a “normal” year, restaurant owners and operators face issues such as cash flow and capital, inventory management, hiring and training and providing excellent customer service. However, the right point of sale system can help alleviate some of these restaurant challenges so business owners can stay ahead of their competition.

Mobile Ordering 148

Mobile Ordering Point of Sale Online Ordering Cash Management 148

ChefMod

APRIL 12, 2025

For many restaurant owners and operators, managing food costs can feel like a losing battle. Its a proactive, strategic approach to managing the way restaurants interact with their suppliers. Suppliers benefit from deeper product penetration, more accurate forecasting, better planning, and improved service levels.

Management 52

Management Management Audits Website Management 52

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. Inventory control is a key piece of your food cost and, ultimately, the profit margin for your restaurant location. How can you best approach restaurant inventory management?

Inventory 138

Inventory Management Management Point of Sale 138

Hot Schedules

APRIL 10, 2020

Top Ten Restaurant Task List. From restaurants and wholesalers to farmers and independent operators, it is refreshing to see how the industry is pivoting to keep the doors open. Brush up on forecasting If you are forecasting pro, you are aware of the need to document these times that we will view as an anomaly sometime in the future.

Food Safety 88

Food Safety Guest Recovery Employee Relations Social Media 88

Chowly

MARCH 14, 2024

Introduction In the dynamic world of restaurant ownership, gaining valuable insights and shared experiences can be akin to finding a rare gem. Our recent conversation with Chip Klose , a seasoned veteran in the industry, offered a deep dive into navigating the complexities of the restaurant business successfully.

Airlines 111

Airlines Sustainability Pricing Technology 111

Restaurant365

NOVEMBER 26, 2019

Restaurant management software can streamline restaurant operations, helping you become more efficient and profitable. However, not all restaurant management systems are created equal — and the tools you have access to can play a large role in your success. Restaurants process a large number of credit card and cash transactions.

2020 117

2020 Management Management Mobile Ordering 117

Focus POS

DECEMBER 19, 2019

With robust reporting, you can easily identify ongoing trends during busy or slow periods and use the data to staff more appropriately, better forecast inventory needs, hold your staff accountable, reduce food waste and other costs, and offer more profitable promotions to customers. CTA link: Get your free buyer’s guide: Focus POS Systems.

POS 107

POS Hospitality 2020 Loyalty Program 107

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

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. CoGS (Cost of Goods Sold).

Point of Sale 148

Point of Sale Employee Relations Inventory Waste 148

Focus POS

AUGUST 1, 2019

For those with innovative restaurant analytics software, it’s a breeze. Simple reporting software can give you a snapshot of the day, but restaurant analytics software can help you answer the big questions, such as: 1. What are the most popular entrées, appetizers, and desserts? That’s where restaurant analytics comes in.

POS 103

POS Customer Experience Inventory Menu 103

Hot Schedules

JULY 22, 2019

A s any restaurant operator or manager knows, running the day-to-day comes with a million demands on your time. It is one of many strategies that can help your restaurant operate more profitability. For more hints and tips on improving efficiency, download our complimentary Increasing Restaurant Profitability Guide. . .

Management 60

Management Management Demo Download 60

Focus POS

MAY 5, 2020

POS software for restaurants does more than just process transactions. These powerful solutions give you a bird’s-eye view into your restaurant—even when you aren’t on site—so you can forecast, schedule and order more efficiently. Inventory—ingredients and beverages—top the list of the costliest budget items for a restaurant.

POS 120

POS Mobile Ordering Point of Sale Inventory 120

Restaurant365

DECEMBER 20, 2021

As a restaurant finance or accounting leader, you and your team can play a unique role in supporting your operations team. Your restaurant group’s profit margin depends on two areas: top-line revenue and controlling expenses. Why restaurant finance should guide restaurant operational efficiency.

Operations 78

Operations Leadership Point of Sale Cash Management 78

Focus POS

JUNE 27, 2019

Restaurant management is a complex task requiring a delicate balance of managerial skills and software. We’ve put together a guide you can use to help you choose the best technology for your restaurant and how it can help you run a more profitable business: General Restaurant Management. » Restaurant Labor Management.

Management 121

Management Management Franchise Franchising 121

The Restaurant Group

AUGUST 11, 2024

The Impact of a Restaurant Consultant on Your Business Success Managing a restaurant isn’t as glamorous or easy as it may seem. The hours are long, the profit margins are thin, and the overheads are high, but bringing a skilled restaurant consultant like TRG on board can make a world of difference.

Hiring 78

Hiring Design Customer Experience Inventory 78

The Restaurant Group

JULY 11, 2024

T he Importance of Conducting a Feasibility Study for Your Restaurant Opening a restaurant is a passion project for many. According to CNBC, three out of five restaurants close before the end of their first year. Join TRG, the best restaurant consultants, as we share what it is and why you need one.

Cash Management 88

Cash Management Transportation Website Management Entertainment 88

Restaurant365

DECEMBER 2, 2019

The restaurant industry never stops moving, and your success depends on how you manage all of the moving pieces. Running a restaurant requires a strong management system to help you maximize efficiency, improve your profitability, and grow in the future. Here are the top 9 reasons you need to have a restaurant management system.

Management 97

Management Management Point of Sale Inventory 97

Hot Schedules

NOVEMBER 12, 2020

When you decide to give your order to a supplier it is always a good idea to fix your pricing for as long as possible to sustain an accurate business forecast. To find out how to cut costs, not corners, to effectively manage your supply chain check out our procurement and inventory guide. Top Five Supply Chain Management Tips. .

Supplies 78

Supplies Management Management Allergens 78

Lavu

NOVEMBER 18, 2022

If you’re ready to turn your dream of opening a pizza restaurant into a reality, here is an example of a pizza business plan to help you get started. For additional help, check out Lavu’s free ebook How to Build a Restaurant Business Plan. Company Overview In the next section, dive deeper into the details of your restaurant.

Loyalty Program 78

Loyalty Program Download Document Point of Sale 78

Restaurant365

DECEMBER 12, 2019

For restaurants in particular, the impact of how technology is changing the restaurant industry is only growing bigger. From the front counter to the kitchen, technology is everywhere in restaurants. Today’s technology used in the restaurant business is growing at a breakneck pace.

2019 88

2019 Technology Front of House Mobile Ordering 88

Hot Schedules

APRIL 20, 2019

US Restaurants generate between 22 and 33 billion pounds of food waste every year. In fact, the restaurant industry throws away $25 billion worth of food every year. In fact, the restaurant industry throws away $25 billion worth of food every year. Many restaurants end up paying for things they didn’t order.

Waste 60

Waste White Paper Cash Management Inventory 60

Sling

OCTOBER 14, 2024

For help building a template that accommodates your work hours, your employees, and drag-and-drop features, take a few minutes to read this article from the Sling blog: How To Create A Custom Staff Scheduling Template. If your business still relies on manual timekeeping and attendance systems like punch cards, a digital system (i.e.,

Tip Distribution 78

Tip Distribution Article Blog Consumer Goods 78

Restaurant365

NOVEMBER 19, 2019

Becoming successful in the restaurant industry is difficult but staying ahead of operational challenges is even harder. To prepare for the new year, restaurant owners, operators, and managers need to start planning now. Employees determine the customer service experience in a restaurant. Finding and training staff.

2020 92

2020 Operations Mobile Ordering Social Media 92

Restaurant365

JUNE 2, 2020

You can’t run a restaurant without employees, which means that processing payroll is an essential task for restaurant owners, operators, and managers. For restaurant owners and operators, the first step in understanding your payroll is to familiarize yourself with the basic concepts, regulations, and responsibilities.

Tip Distribution 109

Tip Distribution Restaurant Law Front of House Cash Management 109

Restaurant365

OCTOBER 14, 2020

For restaurant owners and operators in particular, in the midst of making the thousands of decisions needed to run a restaurant business, it’s easy to forget about the restaurant budget. There are four stages to your restaurant budget: Plan. A restaurant budget is critical for profitability and success.

Point of Sale 78

Point of Sale Email Marketing Advertising Cash Management 78

Restaurant365

APRIL 1, 2021

For multi-unit restaurant operators, your store-level restaurant manager is one of the greatest influences on an individual location’s performance. Upper management or corporate can implement any number of policies, but it is the store manager that connects it to individual restaurant team members. Optimizing labor costs.

Management 78

Management Management Inventory Hiring 78

Restaurant365

MARCH 3, 2020

Your restaurant labor cost and labor percentage are two of the most essential business metrics to track, especially as minimum wages rise around the country. Labor is one of the biggest expenses for a restaurant. The methods for controlling restaurant labor costs vary by the type of restaurant.

Point of Sale 99

Point of Sale Front of House Back of House Fine Dining 99

Restaurant365

OCTOBER 29, 2019

Restaurant reports distill complicated restaurant data into informative snapshots about the financial health of your business. The basics of restaurant reporting. These automated restaurant reports are easy to view, analyze, and apply in one location or across multiple stores. Different types of restaurant reports.

Point of Sale 74

Point of Sale Pricing Inventory POS 74

Restaurant365

JULY 29, 2021

Restaurants lost $270 billion in 2020 due to COVID-19 shutdowns and restaurant restrictions, and the crisis sent many companies into a tailspin. According to the National Restaurant Association , in 2020, 110,000 restaurants closed permanently, and 2 million restaurant industry jobs were lost.

Cash Management 78

Cash Management Point of Sale 2021 Inventory 78