This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The holiday season is a huge calendar event in the restaurant industry, with bookings booming as guests look to let their hair down and enjoy a festive feast. Utilizing insights from your POS data will help you make informed decisions that predict how demand will look in the lead up to the big day.
Beyond the immediate lost revenue from empty reserved tables, these missed bookings disrupt carefully planned kitchen and staffing operations. Businesses can now utilise reservation platforms that seamlessly integrate booking, point-of-sale (POS), and customer management systems.
A smooth mobile experience keeps people engaged and leads to more online bookings. Claim and optimize your restaurant’s Google Business Profile The Google Business Profile is a simple yet powerful tool restaurant marketing strategy that can significantly drive more foot traffic and increase bookings.
Fortunately, theres a better way: integrating your delivery services into your restaurants POS system. When delivery app orders sync with your point of sale, youre not just saving timeyoure improving order accuracy, speeding up the process, and getting cleaner reporting.
Identify your biggest pain points. Are you aiming to speed up service, cut labor costs, or increase online sales? For example: If you want to improve efficiency look for software that integrates with your POS and kitchen systems. Can it increase sales or customer retention? Are labor costs too high?
By Heather Langley, Contributor A restaurant point of sale (POS) system is home to a vast amount of personal information, including customer data and payment information. Restaurant owners need to take measures to keep their POS systems safe and secure to protect both business and customer data.
Diners want the convenience of ordering, booking, and engaging with their favorite restaurants straight from their phones. For operators, restaurant apps mean higher sales, greater customer retention, and smoother day-to-day operations. Heres a breakdown of the most common types of restaurant apps and how they support your business.
One key area to focus on is drink sales, with cocktail sales accounting for about 23% of a bar's revenue. Start by tracking all the income your bar generates, including sales from drinks, food, and any additional services. Next, divide that cost by the total sales revenue from your drinks.
Unlike social media platforms, where the algorithm overlords dictate who will and will not see your posts, emails go straight to your customers inboxeswhich they check daily. When used correctly, restaurant email marketing keeps your restaurant top of mind, turning occasional diners into loyal regulars.
Ive been in those shoes, scrambling to balance the books while keeping the kitchen humming. With a POS system like SkyTab and solid accounting software, you can track it all without losing your mind. Sales Tax: Stay on Top of Local Rules Every city and state has its own sales tax quirks. Dont let that be you.
On the flip side, a cluttered or confusing category setup can overwhelm guests, slow down ordering, and lead to missed sales opportunities. Instead of guiding guests, it slows them down and creates unnecessary decision points. That’s why the structure of your menu categories matters just as much as the menu items themselves.
Waiting until year-end to reconcile your books is an invitation to unwelcome surprises: unexpected tax liabilities, misreported income, and crippling cash flow issues that could have been identified and addressed months earlier. Sales tax, payroll taxes, income tax – the list is extensive.
Balancing your books and managing your finances are not really part of that overarching plan. Understanding Accounting for Restaurant Business Methods Although accounting for restaurant businesses is a topic that many restaurateurs try to avoid, it is an essential element of running a business.
Choosing the right restaurant POS software can make or break your business in today’s competitive dining landscape. The right system does more than process payments—it streamlines operations, manages inventory, tracks sales, and enhances the customer experience. Should you choose a legacy or a mobile POS system?
That’s why so many are turning to Modern POS Systems in 2025. In this post, we explore why breweries are making the switch and how the right POS system can support growth, streamline service, and improve the overall guest experience. With so many options for processing payments, it can be confusing to decide which POS is the right one.
Just like a well-balanced recipe is crucial to a delicious dish, restaurant accounting books are a vital component for a successful food business. So why not stick around, and perhaps you’ll find some tidbits that can spice up your knowledge on restaurant accounting books? Learn more about our Accounting Services !
Smart booking platforms like SevenRooms and QSR Automations allow guests to choose outdoor seating as a preference, helping your staff plan more efficiently. Streamline Service With Mobile POS and Tableside Ordering Moving in and out of the restaurant to input orders is time-consuming. Or which ones generate the highest average spend?
Fluctuating Occupancy/Demand: For hotels, occupancy rates directly impact revenue, while for restaurants, daily covers drive sales. Point-of-Sale (POS) Integration: Seamless integration with POS systems is critical for capturing sales data, managing inventory in real-time, and ensuring accurate revenue reporting.
Promote specific items and market new foods, driving sales where you need them. Our pricing is affordable because we offer kiosks as a simple add-on to our point-of-sale (POS) system. With Lavu, you can set up your POS system for as low as $59 per month and add on kiosk for another $50/month.
This calculation involves dividing the cost of food sold by the total food sales and multiplying the result by 100 to get the food cost. Discovering new ways to reduce costs in restaurant management can boost profits. Focusing on making more money is essential to keep your business successful in the long run.
Every time a guest books a table, you’re collecting data that can help you create a more personalized experience. Do they tend to book for special occasions? But don’t stop there, as the real magic happens when you start connecting the dots between different data points. How often do guests visit?
"As awful as it was, the pandemic pushed restaurants to completely rethink their operations in order to survive, and some of the changes they made during the pandemic have continued to be beneficial to those restaurants and industry at large." Landlord/Tenant Disputes : in my practice, I have seen a huge increase in lease disputes.
Key Takeaways Restaurant bookkeeping requires specialized tools and systems, including management software, POS systems, and a well-structured chart of accounts. In the bustling world of gastronomy, the art of restaurant bookkeeping often takes a backseat. But, how does one efficiently set up a bookkeeping system?
Restaurant profit margin calculator How to lower restaurant costs How to increase restaurant sales Gross and net profit margins for restaurants In restaurants, profit margin is the percentage of revenue left over after expenses and costs are taken out. We all know it. Restaurant profit margins are pretty low.
Do menu updates sync instantly across your website, POS, and third-party apps? Drive direct orders First-party online ordering connects to your POS and website, cutting out third-party fees. Keep menus consistent POS-synced menus update automatically across your website and third-party delivery platforms. Agencies Talk.
Specialized accounting services provide valuable insights into food cost analysis, inventory management, and daily sales tracking. Hospitality accountants, offering bookkeeping services specifically for hotels and restaurants, focus on unique aspects such as food cost analysis, daily sales, and inventory management.
They’re not just about balancing the books; they offer insights that can streamline operations and boost profitability. Specialized hospitality accountants provide essential services like inventory management, accurate payroll processing, and tracking daily sales and expenses. What Are Hospitality Accounting Solutions?
While many operators struggled to keep expenses – particularly food and labor costs – under control, they also observed an increase in guest traffic and in profit margins, in part due to strong takeout and delivery sales. outlining the top challenges facing the industry, alongside the emerging trends shaping it.
Accounting for restaurants and bars often requires tracking numerous revenue streams, from food and beverage sales to event hosting. This intricate dance between numbers and people creates a fascinating landscape, one that begs for a closer look to truly appreciate the art of financial management in the hospitality industry.
The POS was hosted on a physical server. Many POS are now hosted on the cloud. Future : Smart restaurants will begin to leverage their hard won customer data from their QR menus, POS, and marketing initiatives to lower cost of customer retention to drive growth. Past : Paper menus were the norm. Whose name is positioned first?
Perhaps you’re a large restaurant chain that has locations all over the country? If you fit into any of these categories and you’re wondering why restaurant technology is a worthwhile investment, then keep reading. Let’s review how restaurant technology can assist you with your daily operations. Front-of-House.
Your restaurant’s main selling point is the food. A quick look at your POS data will identify the top three selling items on your menu. Book in advance, or wait half an hour for a table. Book in advance, or wait half an hour for a table. Train your staff to build other taking points. Net result?
Manager log books Even if it’s just a shared cloud document, you need a centralized place for your managers to exchange information. It also gets rid of those frustrating sticky notes all over your POS. Management log books also cut down on confusion. Management log books also cut down on confusion.
The first technologies that restaurants often invest in are the cloud-based point of sale (POS) systems and payroll processing. Scheduling software like 7shifts can also pull data from your POS to track labor against sales and get a more accurate picture of your labor cost—saving your restaurant money and time.
Orders from online channels and delivery partners had to be manually entered into its previous Point-of-Sale (POS) system, and manually delivered to the kitchen. Panino Giusto is embracing technology, including Oracle MICROS Simphony Point-of-Sale to help pivot and deliver a safer, pleasurable experience to customers.
Whether you’re managing multiple restaurants right now or are thinking about expanding your current business , this guide has everything you need to run more than one restaurant at once with success. Table of Contents. New Concept or Replicate? Create Consistency with Your Operations. Delegating Responsibilities. Keep Your Team Connected.
Manager Log Book Synced with 7shifts employee management software, the Manager Log Book is the perfect place to take shift notes on the go and centralize them in one place. Restaurants of today are infused with technology in many new ways, and it’s making a difference. Try 7shifts for free.
Manager Log Book Synced with 7shifts employee management software, the Manager Log Book is the perfect place to take shift notes on the go and centralize them in one place. Restaurants of today are infused with technology in many new ways, and it’s making a difference. Try 7shifts for free.
The first technologies that restaurants often invest in are the cloud-based point of sale (POS) systems and payroll processing. If the past few years have taught us anything, it’s that restaurant technology is no longer a nice-to-have. It’s a necessity for building a modern and future-proof restaurant. But that was the 90s.
This includes tolls with payroll management features, sales and expense tracking, budget forecasting, and report generation, to name a few. It involves tracking massive amounts of real data and industry benchmarks. It even has its own language, KPIs, EBITDAs, and CoGs. Sounds complicated?
The first technologies that restaurants often invest in are cloud-based point of sale (POS) systems and payroll processing. A wide-ranging industry report from Toast included a section on restaurant technology trends, noting that 82% of restaurants were using a POS, followed by 56% using payroll software.
You are sitting in your favorite restaurant and have placed an order on a tablet at your table. After a few seconds of placing the order, a notification appears on your messaging app. Ding* ‘Your order is being prepared by Chef Bot 19 and will be delivered to your table in approximately 19 minutes. Let’s Start With the Why.
In this article, we’ll take a look at how Tayler Book, co-founder of Beechwood Doughnuts, evolved her restaurant digitally and physically to get where they are today—making thousands of doughnuts a week for the Niagara region. Book found herself texting pictures of the staff schedule to employees day-in and day-out. “I was a pain.
When a plan is too wordy, it tends to turn off the reader and can actually prevent them from finishing,” Lauren Fernandez adds that the business plan should be more akin to a sales document, not an A-to-Z tactical roadmap. You can't start a restaurant without a plan. But it doesn't have to be overwhelming. Table of Contents. Download now.
We organize all of the trending information in your field so you don't have to. Join 49,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content