The Restaurant Times

SEPTEMBER 30, 2021

Restaurant operations, as we know them, are being totally upended by innovation and technology and when used correctly, restaurant management software is a sure-fire approach to assure a restaurant’s success. . Imagine the time and cost efficiencies you could get with a complete restaurant management system.

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7 Shifts

OCTOBER 22, 2021

Once you've determined the need to adjust your schedule for the holidays, the next step is to work with employees on their availability to build schedules that work for them and your customers. The bad news for restaurants is that food service businesses are facing ongoing difficulty hiring. Holiday Referral Sprints.

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Lavu

JANUARY 15, 2020

Regardless of the purpose, restaurant financing is vital to running a successful business and ensuring smooth cash flow. . Nonetheless, there are several financing options at the disposal of restaurant owners and management. Explore the options from cash advances for emergency funding to capital loans for major purchases.

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Lavu

JANUARY 21, 2020

Every restaurant owner and manager needs to review this report on a daily basis to get a picture of how the restaurant is performing. The report provides valuable information on the restaurant’s sales, taxes, tips, discounts, credit card fees, refunds, comps, cash short or over, and more. Cash Flow Forecast (Weekly Report).

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Lavu

JANUARY 21, 2020

Preparing good meals and serving customers is always an exciting part of running a restaurant. A good accountant will help you in managing finances and producing key financial statements. With an automation tool like Sourcery , you can integrate the system into your restaurant management applications.

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Apicbase

APRIL 20, 2022

Verify that both customers and employees understand your brand concept. You will also need to estimate the expected growth rate for at least the first year of the franchise business, calculate the restaurant cash flow, and determine the payback period (the time it will take to cover the capital expenditure).

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Apicbase

JUNE 16, 2023

In practice, however, successfully managing a group of busy restaurants is an awfully tough undertaking. The metrics and calculations in this list will help you bring order to the chaos and manage the performance of each unit in the chain. To help you out, we’ve put together this comprehensive guide on restaurant metrics.

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Touch Bistro

APRIL 7, 2021

For an average full-service restaurant, that could add up to $146,000 annually – costs that can make or break for some restaurateurs. It Impacts The Customer Experience. Related to the issue of a poor workplace culture is the impact on the customer experience. It Negatively Impacts Workplace Culture. staff turnover rate.

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Lavu

MARCH 11, 2020

Understanding Restaurant Management Software. Among the technology offered today is restaurant management software. . If you’re in the beginning stages of looking for a restaurant management system , you might have multiple questions or concerns. Why do you need restaurant management software?

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Modern Restaurant Management

FEBRUARY 18, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry movers and shakers: "What do you feel is going to cause disruption in the restaurant industry over the next decade?” So, for the first time, restaurant owners and marketers are able to see exactly what their customer’s buying journey looks like.

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Modern Restaurant Management

DECEMBER 28, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their opinions on what we can expect in 2021. These systems will also have performance measures that will ensure compliance with brand experience, service benchmarks and business goals. Here are their responses. To read part two, click here.

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