Modern Restaurant Management

APRIL 18, 2023

Brezinski chronicles his award-winning career and the drama behind the curtain is front and center in his new book called " ForkFight!: Why did you write this book and why now? It’s a passion of mine and I’ve always been told that I ‘should write a book’ about my journeys in the restaurant business.

Fast Casual 167

Fast Casual Casual Food Book 167

Restaurant365

JUNE 9, 2020

By generating a budget for your controllable costs , you can create a clearer path for your cash to move. Assessing this movement by ensuring that the budget is maintained and that invoices are entered daily will help you better manage your cash flow each month. Manage your cash flow. Create a restaurant budget.

Cash Management 97

Cash Management Management Management Small Business 97

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. Thu, 16 Feb Nestlé says it is likely to raise prices after inflation shrinks 2022 profit margins. Barista Hustle publishes new Terroir book exploring coffee plant physiology.

2022 121

2022 2023 Cash Management Food Supply 121

7 Shifts

FEBRUARY 12, 2021

According to recent data from the National Restaurant Association, restaurants overall sell for a median price of $150,000. The average price sits around half a million dollars, according to data from Restaurants for Sale. However, restaurant prices vary widely, based on region, location and type.

License 446

License Equipment Certification Information 446

7 Shifts

SEPTEMBER 19, 2022

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%. Among the over 25 sets, manager recognition (or lack thereof) was one of the top three reasons they left restaurant jobs. Back-of-House and Front-of-House.

Front of House 195

Front of House Back of House Cash Management Customer Experience 195

EATER

APRIL 6, 2023

After weeks of feverish speculation, the city scored just eight one-star restaurants and 12 Bib Gourmands (the guide’s “great food at a great price” category), with 40 others on the recommended list. It’s a cash-grab for sure,” said one Vancouver chef who asked to remain anonymous.

Fine Dining 97

Fine Dining Reservations Pricing Cash Management 97

Deliverect

JULY 26, 2020

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? A restaurant is not just any business, and therefore it should not have a generic management system either. Here are the top reasons why your restaurant needs a smart POS system. Software updates.

POS 85

POS Cash Management Point of Sale Customer Service 85

Modern Restaurant Management

FEBRUARY 4, 2022

This instability will push operators to trim costs by shortening menus and investing in labor-saving technology to free up cash for wage increases. Restaurants will also explore delivery options beyond costly third-party partnerships, and hike delivery menu prices to make the channel more lucrative as off-premise demand holds steady.

2022 216

2022 Customer Service Online Ordering Website Management 216

Ken Burgin

NOVEMBER 15, 2021

The popular Aussie BYO is now available in fewer restaurants, and there needs to be a rethink about the wine range and pricing, especially if customers can no longer bring the good bottle they bought for $12 and now have to pay a minimum of $50 from your range. Price to Maximise Revenue – some say the mark-up should be 150%, others say 120%.

Point of Sale 147

Point of Sale Back of House Beverage Email Marketing 147

Focus POS

AUGUST 26, 2020

It’s more crucial now than ever to manage pour costs effectively. . Download our free book: 6 Ways to Future-Proof Your Restaurant. Price Y our B everages C arefully . 80% of your revenue comes from your drink sales, so it’s important that you price these carefully. Take I nventory W eekly .

Management 128

Management Management Bar Inventory 128

Aaron Allen & Associates

MARCH 3, 2022

There are so many things to think about — from inventory management to restaurant payment and billing and more — it can be difficult to keep track of it all. That’s where restaurant management software comes in. In this roundup, we will take a look at some of the best restaurant management software out there.

Management 120

Management Management Mobile Ordering Point of Sale 120

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

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

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. You call it shrinkage, waste, ‘unders’, discrepancies or theft.

Point of Sale 88

Point of Sale Cash Management Waste Hotels 88

Cheetah

SEPTEMBER 29, 2020

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. More than a POS system, Upserve is a full-fledged restaurant management software with the promise to streamline your entire operation into a simple, integral and unified interface. Essentials: $99/m.

POS 78

POS Loyalty Program Mobile Ordering Cash Management 78

The Restaurant Times

AUGUST 5, 2022

Successful restaurant accounting can help in efficient cash management, balancing financial books, optimizing costs, and overall business planning. You can also regulate the price of your menu items once you know exactly how much each meal has cost in preparation. Automated Inventory Management. Labor Costs .

Cash Management 52

Cash Management Point of Sale Inventory Employee Relations 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

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

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

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. Other key reports include your operating cash flow, which shows whether you are able to generate enough cash flow to maintain or grow your operations, or whether you should consider external financing.

Point of Sale 120

Point of Sale Cash Management Inventory Consumer Goods 120

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. reducing to approximately 3.0x by the end of fiscal 2021.

Bar 133

Bar Cash Management Loyalty Program Point of Sale 133

EATER

MAY 31, 2023

He also published a book of essays about his beekeeping experiences called Honey and Venom: Confessions of an Urban Beekeeper. It’s harvesting honey, centrifuging honey, bottling honey, labeling bottles, dealing with wholesalers and market managers, cash apps and banks, insurances, clients, and schools.

Insurance 91

Insurance Email Marketing Cash Management 2005 91

7 Shifts

FEBRUARY 12, 2021

According to recent data from the National Restaurant Association, restaurants overall sell for a median price of $150,000. The average price sits around half a million dollars, according to data from Restaurants for Sale. However, restaurant prices vary widely, based on region, location and type.

License 195

License Equipment Certification Information 195

Restaurant365

FEBRUARY 6, 2020

Your sales data can be used to help you automate parts of your inventory management system , updating inventory counts as food and drink items are sold. Integrating Your POS System with Your Restaurant Management Software. Managing the process of recording, approving and paying your vendors is both time consuming and error prone.

Point of Sale 138

Point of Sale Inventory POS Cash Management 138

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

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 Cash Management 98

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. Craft a comprehensive financial blueprint to manage your restaurant’s expenses. Of course, none of the above matters if your pricing isn’t spot-on. Are people craving a new Italian place?

License 78

License Email Marketing Seasonal Menu Front of House 78

Open for Business

MARCH 1, 2023

A general manager might also wear a restaurant’s sommelier hat. They handle all the cash and credit card transactions that happen at the bar and, with help from barbacks, they need to keep the bar organized and clean. The cashier runs the cash register, processes payments, and interacts with customers.

Fast Casual 78

Fast Casual Cash Management Front of House Fine Dining 78

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 78

POS 2020 Point of Sale Loyalty Program 78

Perfect Daily Grind

OCTOBER 5, 2022

However, research conducted by the Jamaican history professor Dr. Kathleen Monteith provides some insight, particularly in her book Plantation Coffee in Jamaica 1790-1848. Before long, sugarcane was once again the biggest cash crop in Jamaica, with banana production not far behind. We need to ensure that we have sustainable growth.

Agriculture 199

Agriculture Government Food Supply Article 199

Restaurant365

JUNE 9, 2021

A new customer may book a reservation or an event, which means the customer will receive confirmations and reminders. This data point is known by many different names: price per guest, price per cover, guest average, or check average. Or the new diner may check out your social media or an affiliate network.

FOH 78

FOH BOH Front of House Back of House 78

Modern Restaurant Management

NOVEMBER 2, 2020

Menu price changes. Finally, they asked survey respondents if they had raised or lowered their menu prices in response to the pandemic, and how their guests have reacted to those additional costs. Nearly 42 percentsaid they did raise their prices to make up for lower capacity and demand. Meeting Customer Expectations.

2020 219

2020 Mobile Ordering Hotels Food Safety 219

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

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. From policy changes to price—news is best served in newsletters. Put a newsletter strategy in place.

Email Marketing 195

Email Marketing Loyalty Program Social Media Point of Sale 195

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. User-friendly order management.

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. and BurgerFi International entered into a definitive agreement at a $100 million purchase price to combine and form BurgerFi International, Inc. ’s stock price performance.

Mobile Ordering 179

Mobile Ordering Restaurant Law Seating Customer Service 179

Apicbase

MARCH 3, 2023

These back-of-house software systems have become indispensable for modern restaurants because they enhance profitability and simplify work for restaurant managers and kitchen staff. Chief among these restaurant management systems is a F&B management platform such as Apicbase. Let’s find out how.

Point of Sale 52

Point of Sale POS Management Management 52