7 Shifts

SEPTEMBER 19, 2022

But we're at an inflection point in the restaurant industry. What about managers? Track and manage employee workload. What about managers? Managers fared a bit better than hourly employees—with a turnover rate of 28%. Turnover in restaurants is as high as ever. Table of Contents. Restaurant Retention Data Study.

Front of House 195

Front of House Back of House Cash Management Customer Experience 195

The Restaurant Times

AUGUST 5, 2022

Successful restaurant accounting can help in efficient cash management, balancing financial books, optimizing costs, and overall business planning. Keeping track of your numbers and Key Performance Indicators (KPIs) will not only help you in taking timely action but also point out specific areas that need immediate improvement.

Cash Management 52

Cash Management Point of Sale Inventory Employee Relations 52

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. When done right, email marketing works wonders—you stay top of mind and increase order values. According to a Salescycle report , 50.7% Table of Contents. 10 Restaurant Newsletter Ideas.

Email Marketing 195

Email Marketing Loyalty Program Social Media Point of Sale 195

Restaurant365

FEBRUARY 6, 2020

However, being able to easily access sales, inventory, and labor data allows you to quickly make informed decisions. Step 1: Record Sales Through Your POS Daily. Track Your Daily Sales. One of the most fundamental pieces of bookkeeping is tracking your daily sales. How to Generate a Daily Sales Report.

Point of Sale 138

Point of Sale Inventory POS Cash Management 138

Ken Burgin

FEBRUARY 17, 2020

Ever seen staff help themselves to food, drink or even cash, and they seem to think it’s OK? Special prices for staff visiting from other hotels, cafes or clubs. Sloppy writing up of the Stock-transfer Book so the stocktake makes no sense and is disregarded – again. Using the ‘Open Key’ on the Point of Sale because it’s easier.

Point of Sale 88

Point of Sale Cash Management Waste Hotels 88

Lavu

JANUARY 21, 2020

This includes communication of financial statements like income statements, balance sheets, and cash flow. This includes communication of financial statements like income statements, balance sheets, and cash flow. Better Financial Management. For a business to be successful, it needs to have solid financial management.

Cash Management 78

Cash Management Point of Sale Inventory Information 78

Restaurant365

FEBRUARY 19, 2020

Controllable costs, like your prime cost of food and labor, fluctuate over time with vendor prices, sales, and other external factors. Keeping track of your finances is time-consuming, and yet it has enormous implications for your bottom line. Modern restaurant accounting methods depend on accurate and timely data about your business.

Point of Sale 120

Point of Sale Cash Management Inventory Consumer Goods 120

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! The holiday season is usually full of family, friends, and fun—and a lot of profitability for the restaurant industry. restaurant industry.

Hospitality 155

Hospitality Seasonal Menu Front of House Social Media 155

Open for Business

OCTOBER 20, 2023

Visit other restaurants in the area to understand their pricing and see what they’re doing well and what can be improved upon. Visit other restaurants in the area to understand their pricing and see what they’re doing well and what can be improved upon. It’s equally important to study your competition.

License 78

License Email Marketing Seasonal Menu Front of House 78

The Food Corridor

NOVEMBER 23, 2021

And with the holiday season fast approaching, there’s plenty of opportunities to boost sales by offering products and services that can be given as gifts. Deloitte predicts that holiday sales will rise 7-9% this year, with ecommerce projected to grow up to 15% compared to 2020.

Food 98

Food Seasonal Menu Catering Cash Management 98

Restaurant365

JUNE 9, 2021

After all, it’s hard to improve a metric if you don’t know your starting point. A new customer may book a reservation or an event, which means the customer will receive confirmations and reminders. You can use data to improve restaurant operations, both in your front of house (FOH) and back of house (BOH).

FOH 78

FOH BOH Front of House Back of House 78

The Food Corridor

DECEMBER 6, 2022

With the holiday season fast approaching, there’s plenty of opportunities to boost sales by offering products and services that can be given as gifts. National Retail Federation predicts that holiday sales will rise 6%-8% this year. Consider partnering with your local farmers market manager to pull in additional vendors.

Food 52

Food Seasonal Menu Cash Management Catering 52

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. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. More Tropical in Colorado.

Franchise 110

Franchise Franchising Loyalty Program Book 110

Notch

JANUARY 23, 2019

Fortunately, driving more restaurant sales isn't particularly difficult. The key is to reduce your costs and increase your sales. And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. As an owner-operator, your restaurant likely sits at the center of your life.

Email Marketing 72

Email Marketing Merchandise Website Management Point of Sale 72

The Food Corridor

MAY 22, 2020

First of all, it might not be a post-Covid world, but more of a managed Covid world. We can get a clearer picture by looking at a city like Hong Kong, one of the most densely populated in the world which, despite bordering China, has managed to minimize the spread of the virus without a full lockdown. Dining Out.

Food Truck 80

Food Truck Online Ordering Kitchen Safety Catering 80

Modern Restaurant Management

MARCH 24, 2020

This edition of MRM News Bites features the National Restaurant Association, Absolute Brands, Bacardi, Tito's Vodka, Yum! Brands, Mount Franklin Foods, US Foods, Melt Shop, FoodMaven, Nathan's Famous, Island's Fine Burgers & Drinks, Checkers & Rally’s, Lineage Logistics and Minnow. New Level of Hot Dog.

Food Supply 101

Food Supply Kitchen Safety Cash Management Food Safety 101

Notch

JANUARY 23, 2019

Fortunately, driving more restaurant sales isn't particularly difficult. The key is to reduce your costs and increase your sales. And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. As an owner-operator, your restaurant likely sits at the center of your life.

Email Marketing 52

Email Marketing Merchandise Website Management Point of Sale 52

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

Modern Restaurant Management

MARCH 11, 2020

US Foods Holding Corp.entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management, Inc. NYSE: APO) (the “Apollo Funds”) for $970 million in cash. US Foods to Acquire Smart Foodservice.

Bar 154

Bar Cash Management Loyalty Program Point of Sale 154

Lavu

MARCH 11, 2020

Understanding Restaurant Management Software. From the introduction of point of sale (POS) systems to accounting systems, technology is changing the ways restaurants operate today. Among the technology offered today is restaurant management software. . Why do you need restaurant management software?

Management 78

Management Management Cash Management Mobile Ordering 78

Restaurant Clicks

FEBRUARY 17, 2020

A good point of sale system can help streamline your restaurant’s processes, from payments to inventory and much more. We’ve reviewed the top 9 restaurant point of sale systems so that you can find the best one for your restaurant business! Inventory management. Menu management. Reputation management.

POS 78

POS 2020 Point of Sale Loyalty Program 78

Perfect Daily Grind

FEBRUARY 17, 2023

A panel of judges will pick a winner who will receive either US $5,000 in cash or US $15,000 in credit for MTPak Coffee products. Coca-Cola says coffee sales contributed significantly to robust 2022 financial results. Sales of the company’s coffee category grew by 11% for 2022 Q4, as well as 13% for the full year.

2022 121

2022 2023 Cash Management Food Supply 121

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

Deliverect

JULY 26, 2020

For restaurants willing to make the jump to digitalization , opting for a smart POS is a good starting point. Think of it this way: you need to have a point of sale, so why not go with a solution that can do much more than a simple cash register? Here are the top reasons why your restaurant needs a smart POS system.

POS 85

POS Cash Management Point of Sale Customer Service 85

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. Cloud-based management. Automated tracking of sales and taxes.

2020 117

2020 Management Management Mobile Ordering 117

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. . "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. Uber To Acquire Postmates.

Mobile Ordering 192

Mobile Ordering Restaurant Law Seating Customer Service 192

Modern Restaurant Management

MAY 1, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features COVID-19 crisis statistics and surveys about third-party delivery, guest expectations, QSR reliance and more. The answers are an entry point for understanding consumers’ needs as brands start to reopen, notes RMS CEO John Oakes.

2020 191

2020 Fast Casual Food Safety Guest Recovery 191

Modern Restaurant Management

AUGUST 19, 2020

Modern Restaurat Management (MRM) magazine is collaborating with the team at MarketScale on The Main Course , a podcast that aims to explore the intense and competitive modern restaurant industry. "We Barbara Castiglia , MODERATOR – Modern Restaurant Management. The Main Course. Restaurant of the Future Panel. 20 at 4 p.m.

Kitchen Safety 206

Kitchen Safety Loyalty Program Delivery Customer Service 206

Cheetah

SEPTEMBER 29, 2020

A Point-Of-Sell system (POS) is the main hub of any restaurant. We look at pricing, ease-of-use, special features and everything else you need to know before choosing the one that’s right for you. It has features like a built-in CRM system, a workforce schedule interface, a menu manager and even a marketing ROI analyzer.

POS 78

POS Loyalty Program Mobile Ordering Cash Management 78

Lavu

JANUARY 21, 2020

Businesses no longer do their books manually or use Excel spreadsheets for their accounting purposes. You should see the amount of cash that came in and went out of your business across different periods of time. Before you make your choice, understand that restaurant accounting is different from accounting in other industries.

POS 78

POS Small Business Cash Management Online Ordering 78

Modern Restaurant Management

JULY 27, 2020

In this edition of MRM News Bites, we feature sobering statistics from Yelp, a ghost kitchen franchise model, franchise explosions expected and falling for for an improved PSL. Yelp Sees COVID Effect. YEA reflects data from millions of local businesses and tens of millions of users on Yelp’s platform measuring U.S. “As U.S.

Franchise 177

Franchise Franchising Mobile Ordering Kitchen Safety 177

Modern Restaurant Management

NOVEMBER 2, 2020

This edition of MRM Research Roundup features the impact of cold weather on restaurant viability, why franchises need to be nimbler and the pandemic's effect on guest expectations. Restaurant Adaptation. Limitations and consumer demand. A vast majority of the U.S. restaurants are operating at less than 100 percent capacity in their dining rooms.

2020 221

2020 Mobile Ordering Hotels Food Safety 221

Restaurant365

OCTOBER 31, 2019

Specifically, the Cocchis relied on QuickBooks for accounting, Micros for point-of-sale (POS), and a third system for operations — all supplemented by a good deal of hands-on oversight of invoice approvals, cash flow, inventory and so on. Background. It was difficult, frustrating and time consuming.”

Point of Sale 18

Point of Sale Cash Management POS Demo 18