7 Shifts

MAY 1, 2024

Table of Contents 5 easy steps to simplify bookkeeping in the restaurant industry Essential accounting and bookkeeping reports for restaurant owners and managers Identifying and reducing controllable costs in the restaurant business Should I outsource restaurant bookkeeping or do it myself? Even those new to bookkeeping can use it!

Cash Management 221

Cash Management Employee Relations Inventory Beverage 221

Lavu

DECEMBER 12, 2022

No matter the size of your restaurant, one truth remains: cash flow is king. Restaurant cash flow management is the lifeblood of your business. Yet, while most small business owners know this truth, many still struggle with basic cash flow definitions, fundamentals, and management strategies that actually maximize benefits.

Cash Management 78

Cash Management Management Management Point of Sale 78

EATER

MAY 16, 2024

Just recently, KNEAD Hospitality + Design , which operates more than a dozen restaurants in the DC area, introduced reimbursement of childcare costs — up to $1,800 per quarter — for salaried employees, which comprise 110 of their 920 staff members. Which, as an employee is one thing, but once you get into management, the stakes get higher.

Employee Relations 312

Employee Relations Government Hospitality Take-out 312

EATER

JANUARY 28, 2022

per hour — the lowest legal cash wage in the U.S. Melton also says she witnessed discrimination on the job — not only from customers but also from the store’s management. Even though Melton benefited financially from this practice, she spoke out about the inequity to the management. Jillian Melton was paid just $2.13

Cash Management 246

Cash Management Restaurant Law Employee Relations Food Supply 246

EATER

MARCH 11, 2021

Hong says he wasn’t particularly loyal to any hotel chain, and he paid in cash, not points. For an additional $75, parents can book an adjoining room for the day, giving kids and parents enough space to work — separately. Frequently guests can book socially distanced time by the pool.

Hotels 307

Hotels Travel Outdoor Catering 307

Modern Restaurant Management

DECEMBER 12, 2019

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Customers can also purchase the First Book Bundle at Pizza Hut, where $1 from every bundle purchased will be donated to First Book. More Tropical in Colorado. " Karamo Brown.

Franchising 275

Franchising Franchise Loyalty Program Book 275

7 Shifts

MAY 23, 2024

Managing a restaurant is not for the faint-hearted. However, as a rule, the primary costs you can expect in running your restaurant are usually related to food, labor, and rent. A restaurant budget allows restaurant owners and managers to see directly if they are meeting their income and expense benchmarks.

Point of Sale 221

Point of Sale Seasonal Menu Food Supply Cash Management 221

Lavu

JUNE 6, 2025

The right system does more than process payments—it streamlines operations, manages inventory, tracks sales, and enhances the customer experience. Should you go for a more expensive POS system with higher customization for your table management or a less expensive restaurant POS system that integrates with important software you need?

POS 60

POS 2025 Point of Sale Cash Management 60

Modern Restaurant Management

JANUARY 9, 2020

parent company of fast-casual restaurant chain The Habit Burger Grill, for approximately $375 million in a cash transaction. and will continue to be managed by Russell Bendel, president and c.e.o., ” Grimstad is currently the chief manager of C. Brands, Inc. has agreed to acquire The Habit Restaurants, Inc.,

Fast Casual 282

Fast Casual Online Ordering Customer Service Employee Relations 282

EATER

APRIL 6, 2023

It’s a cash-grab for sure,” said one Vancouver chef who asked to remain anonymous. Over in Toronto, which got its first-ever Michelin Guide one month before Vancouver, Toronto Star food reporter Karon Liu says that Michelin-related price hikes haven’t really been an issue. That’s cheese, pepper, and buttered noodles.

Fine Dining 246

Fine Dining Reservations Pricing Cash Management 246

Lavu

JUNE 6, 2025

This guide breaks down 28 proven strategies that help cut unnecessary expenses, streamline operations, and boost profitability—whether you manage a small café or a multi-location chain. Discovering new ways to reduce costs in restaurant management can boost profits. Let’s dive into what really works in today’s competitive landscape.

Loyalty Program 78

Loyalty Program Waste Recycling Inventory 78

Modern Restaurant Management

MARCH 24, 2020

Bacardi employees and contractors also received the free product as the health and safety of people is always top of mind for the family-owned company. Brands acquired all of the issued and outstanding common shares of The Habit Burger Grill for $14 per share in cash or a total of approximately $375 million.

Food Supply 253

Food Supply Kitchen Safety Food Safety Cash Management 253

7 Shifts

JULY 1, 2024

These start-up costs can range from the real estate payments you must make to the permits and licenses you need, the supplies you have to buy for your bar, the wages you need to pay your employees, and insurance. Will you get a discount if you pay for all the supplies you bought in cash? Payment terms: Can you pay in installments?

Bar 221

Bar License Food Supply Restaurant Law 221

Modern Restaurant Management

FEBRUARY 21, 2020

Modern Restaurant Management (MRM) magazine's People & Places column features news of company hires and promotions, charitable efforts and product introductions. Later, in 1969, he accepted a job at Southern Wine and Spirits of America as General Sales Manager of Wine to develop the wine operations of the Company.

Brewery 348

Brewery Design Food Supply Equipment 348

Xtra Chef

NOVEMBER 11, 2020

In this three-step planning guide, we’ll explore the considerations for restaurant owners, managers, and operators who want to survive the holidays and bring joy to customers—and business balance sheets! Recipe management solutions are immensely helpful in catering to help maintain consistent flavor and retain those margins.

Hospitality 155

Hospitality Seasonal Menu Front of House Social Media 155

Deliverect

JUNE 30, 2020

So how can you make sure you streamline your operations so you can give the customer what they want, while managing your business in the most efficient way? Easy table booking with Resengo. Not only do we watch television, shop or book holidays digitally, but we also plan restaurant visits more often in this way.

Food 94

Food Online Ordering Cash Management Waste 94

Xtra Chef

DECEMBER 11, 2019

Whether you are an executive chef, a seasoned restaurant finance executive, or an owner/operator who manages your own books, speaking the language of restaurant accounting will help keep all financial stakeholders on the same page. In Part 2, we’ll help you decide how best to manage accounting at your restaurant.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

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?

Management 78

Management Management Cash Management Mobile Ordering 78

Lavu

JANUARY 21, 2020

This includes communication of financial statements like income statements, balance sheets, and cash flow. The process allows restaurant owners and managers to document all financial transactions of the business and determine how well it is performing. Better Financial Management. Better Tracking of Cash Flows.

Cash Management 78

Cash Management Point of Sale Inventory Information 78

The Food Corridor

NOVEMBER 23, 2021

Host a Holiday Cooking Class A great way to spread awareness of your business while also making some cash is to bring your customers into the business and host a cooking class. Not only could this earn you a nice little bit of cash, it’s also a great way to promote your kitchen space and your tenants.

Food 98

Food Seasonal Menu Catering Food Supply 98

Restaurant Clicks

FEBRUARY 17, 2020

POS systems essentially function as cash registers , but with better technology and tracking. Restaurant point of sale software can often handle bookings, arrange seating, collect and track customer information, and more. Inventory management. Menu management. Reputation management. Table management.

POS 79

POS 2020 Point of Sale Loyalty Program 79

Restaurant365

AUGUST 4, 2020

Running a successful restaurant business is all about spending your cash wisely. When that inventory is wasted, stolen or spoiled before it’s sold, it must be written off as an expense in the books. Integrating inventory management with accounting facilitates better inventory control. What is restaurant inventory management?

Inventory 78

Inventory Management Management Cash Management 78

Touch Bistro

MARCH 23, 2021

Restaurant accounting and tax specialists have navigated many operators through millions of dollars in relief and helped them become cash flow positive through the pandemic. This article will also cover: Important restaurant tax deadlines for 2021 5 steps you need to take to increase cash flow during tax season. more on this here ).

2021 52

2021 Cash Management Employee Relations 2020 52

The Restaurant Times

AUGUST 5, 2022

Successful restaurant accounting can help in efficient cash management, balancing financial books, optimizing costs, and overall business planning. Labor costs also include payroll taxes and employee benefits. Occupancy costs are the sum of all the expenses related to the location of your restaurant.

Cash Management 52

Cash Management Point of Sale Inventory Employee Relations 52

Notch

JANUARY 23, 2019

And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. So when you’re trying to manage your profits and losses, what you’re really doing is: weighing your risks, developing contingency plans—and mitigating the factors you can’t account for, by focusing on the ones you can.

Email Marketing 72

Email Marketing Merchandise Website Management Point of Sale 72

Get Beyond

OCTOBER 24, 2023

Look at your books and track sales for the past few months or up to a year if you have it. Check your toolbox Has the shop been operating as cash only? After the event, take some time to look into your books. Start training staff a few weeks before Small Business Saturday to ensure they’re ready to hit the floor on the big day.

Small Business 52

Small Business 2023 Social Media Customer Experience 52

The Food Corridor

DECEMBER 6, 2022

Host a Holiday Cooking Class A great way to spread awareness of your business while also making some cash is to bring your customers into the business and host a cooking class. Not only could this earn you a nice little bit of cash, it’s also a great way to promote your kitchen space and your tenants.

Food 52

Food Seasonal Menu Cash Management Catering 52

Notch

JANUARY 23, 2019

And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. So when you’re trying to manage your profits and losses, what you’re really doing is: weighing your risks, developing contingency plans—and mitigating the factors you can’t account for, by focusing on the ones you can.

Email Marketing 52

Email Marketing Merchandise Website Management Point of Sale 52

Modern Restaurant Management

JULY 7, 2020

"As more people and more restaurants have come to use our services, Q2 bookings on Uber Eats are up more than 100 percent year on year. Countless restaurants across the country used a PPP loan to keep their employees on the payroll even while shuttered, but they are emerging from the program with challenges that have only grown in scope.

Mobile Ordering 481

Mobile Ordering Restaurant Law Seating Customer Service 481

Modern Restaurant Management

DECEMBER 14, 2020

" The platform will continue to house a variety of helpful COVID-related materials as well as evolving resources to address new and emerging challenges. The company has also added a Deep Cleaning Checklist and guiding principles for Managing Indoor Air. " Lightspeed Acquires Upserve. Lightspeed POS Inc. acquired Upserve Inc. ,

Webinar 474

Webinar Customer Experience Mobile Ordering Customer Service 474

Modern Restaurant Management

JULY 27, 2020

Interest for alcohol-related experiences has increased since June 1, relative to other food activities, with a rise in consumer interest for wineries (up 51 percent), cideries (up 39 percent), breweries (up 24 percent) and distilleries (up 19 percent). Meanwhile, grocery related businesses are on the decline as people spend less time at home.

Franchising 443

Franchising Franchise Mobile Ordering Kitchen Safety 443

Modern Restaurant Management

AUGUST 28, 2020

Mentors on the platform harbor vast expertise on a variety of culinary related topics, bringing a range of perspectives and backgrounds to chefs around the country in need of support and advice. in a management role at the Officers’ Club. Tripleseat relaunch enue discovery and booking platform EventUp. Plamondon, Sr.

Allergens 364

Allergens Kitchen Safety Guest Recovery Customer Experience 364

Modern Restaurant Management

APRIL 20, 2021

As consumers ramp up their event planning, operators should continue to leverage connected technology solutions to ensure the event booking and management process is streamlined and as user-friendly as possible. 30 percent of respondents shared they will be hosting their event at their home. The Road to Recovery.

2021 473

2021 Online Ordering Mobile Ordering Guest Recovery 473

EATER

OCTOBER 13, 2020

I believe that, motivated by the desire to keep sponsorship and donor money flowing, employees of the foundation violated its own longstanding ethics and procedures to avoid a possible public backlash over the award winners. It was not designed that way.

Social Media 261

Social Media Employee Relations Leadership Email Marketing 261

7 Shifts

NOVEMBER 9, 2022

Now that you know what email newsletters can do for your restaurant, it's time to create a newsletter that wins hearts and sets the cash register ringing. Recommended Resources: Free Restaurant Management Excel Templates. An employee of the month. 6 Tips on Creating a Winning Restaurant Newsletter. Call to action (CTA).

Email Marketing 195

Email Marketing Loyalty Program Social Media Point of Sale 195

Modern Restaurant Management

NOVEMBER 2, 2020

. “Given the shutdowns and setbacks, it’s pretty remarkable the restaurant industry was able to meet customer demand, and in many cases, go above and beyond,” said David VanAmburg, Managing Director at the ACSI. ” Olive Garden joins the elite, while LongHorn Steakhouse falls from perch atop full-service restaurants.

2020 553

2020 Mobile Ordering Hotels Food Safety 553

Modern Restaurant Management

APRIL 29, 2025

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features trends in off-premise, coffee wars, the AI lifeline, the return of lunch, and how teens spend their dollars. Along with the morning meal, snacking was a top-performing daypart, with transactions slightly growing YoY during the March period.

Reservations 488

Reservations 2025 Marketing Loyalty Program 488