7 Shifts

AUGUST 2, 2023

Restaurants without team management tools may miss out on top talent, like those who value tech: Gen Z. Make sure to consider these key factors from both the administrative and employee perspective: Pricing: Consider whether the platform charges a flat fee (monthly or annual), a percentage of tips, or a combination of both.

Tip Distribution 195

Tip Distribution Cash Management Employee Relations Audits 195

Culinary Cues

MAY 13, 2023

This requires a complex organization of independent operations that are still required to communicate, share, and fall in line with the mission of the property. Each of those “departments” will require some level of unique kitchen management (sous chef) and specialists to support the uniqueness of function.

Hotels 430

Hotels Point of Sale Cash Management Training 430

Culinary Cues

AUGUST 28, 2020

COMMUNICATION. As much as communication is always the number one criticism of those on the receiving end – it will be even more so during times of crisis. Communicate profusely with your business guests – use all of the mediums available and make the communication positive and uplifting. CREATING A BUZZ. BE PRESENT.

Social Media 438

Social Media Communication Loyalty Program Training 438

Modern Restaurant Management

NOVEMBER 24, 2020

Restaurant owners are being forced to find a way to make it through winter with vastly reduced revenue, and many operators are scrambling to reallocate budgets and manage staffing to survive COVID-19. Managing cash flow can be difficult for seasonal businesses. Plan for Gaps in Your Budget. Hire the Right People.

Cash Management 229

Cash Management Social Media Seasonal Menu SEO 229

7 Shifts

JANUARY 10, 2024

Restaurant management systems have evolved rapidly over the past couple of decades. Table of Contents What is a restaurant management system? How does a restaurant management system work? A restaurant management system, or RMS, is software designed to streamline restaurant operations and simplify restaurant management.

Management 195

Management Management Point of Sale POS 195

7 Shifts

JANUARY 10, 2024

Restaurant management systems have evolved rapidly over the past couple of decades. Table of Contents What is a restaurant management system? How does a restaurant management system work? A restaurant management system, or RMS, is software designed to streamline restaurant operations and simplify restaurant management.

Management 195

Management Management Point of Sale POS 195

Culinary Cues

DECEMBER 30, 2019

The following provides some “food for thought”, maybe even a “look in the mirror” checklist for those who are drifting away from those initial goals. [] THINKING THEY CAN MANAGE THROUGH OTHERS. Ignore them and they will find someone else to pay attention. [] CONFUSING LEADERSHIP AND MANAGEMENT.

Cash Management 268

Cash Management Point of Sale Leadership Website Management 268

7 Shifts

SEPTEMBER 19, 2022

What about managers? Establish Clear Lines of Communication. Track and manage employee workload. What about managers? Managers fared a bit better than hourly employees—with a turnover rate of 28%. Communication breaks down. Unclear communication leads to frustration and a less-than-stellar work experience.

Front of House 195

Front of House Back of House Cash Management Customer Experience 195

7 Shifts

AUGUST 20, 2020

They include: Labor management software Order management software Inventory management software Guest engagement software Contactless, mobile payment processors 5 Tools to Use to Increase Operational Efficiency in Restaurants Did you know that 48% of restaurants use three or more tech vendors?

Technology 293

Technology Mobile Ordering Dietary Restrictions Cash Management 293

Culinary Cues

APRIL 1, 2020

Dining in restaurants is a vehicle for communication, a respite for those who are looking for solace, a place of celebration, an environment for reward, and a source of entertainment that would be impossible to replace. THE RESTAURANT BUSINESS IS ESSENTIAL TO OUR ECONOMY. THE RESTAURANT BUSINESS IS ESSENTIAL TO THE AMERICAN LIFESTYLE.

Waste 502

Waste Cash Management Entertainment Take-out 502

Modern Restaurant Management

AUGUST 19, 2020

As the world of hospitality attempts to recover from the impact of Covid-19, maintaining cash flow and slowly building up revenue are key elements to any establishment’s ability to survive. It’s a delicate balance of cash flow and savings on overhead costs that has restaurant owners scrambling for solutions.

Cash Management 227

Cash Management Point of Sale Consumer Goods Small Business 227

7 Shifts

JANUARY 23, 2020

This advice were submitted by owners and managers of restaurants of all sizes, concepts, and locations in the forthcoming 7shifts Restaurant Labor Management Study in 2020 ( subscribe to get your copy when it’s published!). Spend time researching low rent prices with good location. Manager, Mercato Italiano.

2020 335

2020 Hiring Cash Management Education 335

Restaurant365

DECEMBER 11, 2020

As 2021 begins, there are many restaurant management best practices that can be applied to strengthen your business, in the short and long term. Manage cash flow by creating a cash flow forecast. Your total cash flow is your cash inflows (for restaurant. over a certain period of time.

2021 136

2021 Cash Management Management Management 136

Culinary Cues

APRIL 30, 2020

Value: During this phase – value will be based almost entirely on price and whether the guest feels that they are able to justify the expenditure. Cash Flow: Restaurants should not view profit as a goal during Phase One. Profit will still be elusive, but solid management of expenses can result in breakeven.

Point of Sale 308

Point of Sale Customer Service Customer Experience Cash Management 308

Lavu

NOVEMBER 1, 2023

Food delivery has become a cash cow for restaurants because it’s convenient and easy for customers. Additionally, it’s crucial to establish clear communication channels with your delivery drivers to ensure efficient and prompt deliveries. Is online food delivery a profitable business?

Delivery 166

Delivery Food Online Ordering Mobile Ordering 166

Sling

APRIL 2, 2023

We’ll answer those questions in this article and introduce you to an app that can help you manage your workforce better. Casual incentives can take the form of anything from recognition to cash to a catered lunch. This is just one example of how you can use cash to motivate your team to achieve any goal you set.

Cash Management 78

Cash Management Loyalty Program Casual Specials 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

Modern Restaurant Management

APRIL 14, 2020

Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Q: What can I do to help my restaurants and community battle the effects of COVID-19? Communicate. Set up a clear line of communication for your customers to order grocery items.

Healthcare 174

Healthcare Front of House Social Media Website Management 174

Web Diner

AUGUST 5, 2020

In response to the pressure from third-party delivery platforms, restaurants are implementing new delivery pricing strategies. According to a Gordon Haskett analysis, fast-food giants are quietly raising their menu prices for delivery orders , implementing a premium food delivery pricing strategy. observed in fast-food chains.

Delivery 57

Delivery Pricing Fast Casual Online Ordering 57

Restaurant365

MAY 7, 2020

General managers and restaurant owner/operators should create checklists for crew and managers to use during their shifts. Communicate your distancing requirements with third-party delivery drivers and other suppliers. Managing Food Pick Up and Delivery. Install sneeze guards at cash registers.

Food Safety 142

Food Safety Cash Management Point of Sale Social Media 142

Perfect Daily Grind

SEPTEMBER 15, 2022

What’s more, despite the current high C price , the coffee market has historically been volatile. As recently as 2018, the market price fluctuated around US $1/lb – undoubtedly leading many smallholders into further poverty. The two price models work differently.

Sourcing 145

Sourcing Sustainability Certification Pricing 145

7 Shifts

DECEMBER 8, 2020

Recommended Reading: Restaurant Task Management: How to Communicate Tasks to Staff 4. This one comes from 7shifts’ Client Success Manager, Katy Gonzales, also a hospitality alum (We said there were a lot of us!). Cash , while it might seem like a good idea, can come across as too impersonal in some cases.

Front of House 370

Front of House Social Media Employee Relations Back of House 370

Lavu

JANUARY 21, 2020

Another way of looking at accounting is that it is the process of preparing and communicating the financial statements of a business entity. This includes communication of financial statements like income statements, balance sheets, and cash flow. Better Financial Management. Better Tracking of Cash Flows.

Cash Management 78

Cash Management Point of Sale Inventory Information 78

Modern Restaurant Management

DECEMBER 16, 2021

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their views on trends. With more options to work outside of the hospitality industry, operators must offer employees more scheduling flexibility, facilitate transparent communication between management and team members, and avoid overworking staff.

2022 177

2022 Food Supply Back of House Kitchen Safety 177

7 Shifts

NOVEMBER 9, 2022

An email newsletter allows your business to communicate regularly with customers outside of your restaurant's four walls. 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. Cost-effective and scalable. Call to action (CTA).

Email Marketing 195

Email Marketing Loyalty Program Social Media Point of Sale 195

Modern Restaurant Management

AUGUST 6, 2020

Taking the example of dishes with a high ‘perceived value’, such as proteins, desserts and drinks, can allow for higher prices and better the bottom line. Customer Communication. Lastly, food cost should always be a consideration when making menu changes. Optimize Inventory. Adopt Technology. Lean into Regional Options.

Front of House 209

Front of House Inventory Food Safety Social Media 209

BNG Point of Sale

SEPTEMBER 8, 2021

POS System Vs Cash Register: What’s The Difference? . A cash register, at its most basic level, is designed to record the transactions of sales that occur in a store.-for POS System Vs Cash Register . POS stands for point of sale, and it is a sale software suite that manages money, inventory, and business transactions.

POS 52

POS Cash Management Point of Sale Loyalty Program 52

Modern Restaurant Management

DECEMBER 21, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their perspection on 2020: What lessons did you learn and what do you feel the restaurant industry learned this year? Rick Camac Dean, Restaurant & Hospitality Management at ICE (Institute of Culinary Education). Here are their responses.

2020 148

2020 Online Ordering Point of Sale Cash Management 148

Sling

JULY 1, 2023

5) Pick a great location When you’ve got cash in hand, it’s time to take the next step and find the spot that will soon turn into your restaurant. And as you plan, review your pricing strategy. Price every item so that it makes a profit while remaining competitive in your market. Keep it simple, at least at first.

Fine Dining 78

Fine Dining Cash Management Restaurant Law Consumer Goods 78

Get Beyond

JANUARY 4, 2024

If you craft all your online communications, consider taking a data analytics course better to understand everything from open rates to paid ads. If you have a contract or full-time employee on your team managing the online shop, you could pay for an online course or training for them that helps them better build the platform.

2024 52

2024 Small Business Cash Management Email Marketing 52

Modern Restaurant Management

DECEMBER 21, 2022

Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. " – John Oakes, Revenue Management Solutions CEO. Slow movers tie up inventory -and the cash needed to by that inventory. Don’t be afraid to increase price.

2023 193

2023 Loyalty Program Mobile Ordering Customer Experience 193

Restaurant365

DECEMBER 20, 2021

Sharing information between teams shouldn’t require time-consuming communication to ensure accurate reporting, cost management, and forecasts. For instance, reviewing your CoGS report daily allows managers to adjust purchasing and usage on a more frequent basis.

Operations 78

Operations Leadership Point of Sale Cash Management 78

SpotOn

MAY 6, 2024

Tipped food service workers can be paid a cash wage of $10.65, with a tip credit of $5.35, bringing the total pay per hour to $16. In the rest of the state, minimum wage workers can get a $5 tip credit with a $10 cash wage. This will require communicating the wage increase with their workers and keeping up with further increases.

2024 52

2024 Cash Management Restaurant Law Small Business 52

Sling

APRIL 19, 2021

As a small business owner or manager, you need to speak the language of your industry. This is a common question many owners and managers ask in regard to accounting for their business. Revenue , on the other hand, is the total amount of cash your business takes in during a specific period of time. How you manage inventory.

Small Business 145

Small Business Cash Management Customer Service Inventory 145

ChowNow

MARCH 10, 2021

Plus, our Restaurant Success Team will guide you through everything with dedicated account management, industry-leading expertise, and 24/7 support. We’re so grateful to ChowNow for providing an excellent service at a price that restaurants can afford.” – Ronan , Los Angeles . Does ChowNow have account managers? .

Online Ordering 78

Online Ordering Email Marketing Loyalty Program Website Management 78

Web Diner

AUGUST 5, 2020

In response to the pressure from third-party delivery platforms, restaurants are implementing new delivery pricing strategies. According to a Gordon Haskett analysis, fast-food giants are quietly raising their menu prices for delivery orders , implementing a premium food delivery pricing strategy. observed in fast-food chains.

Delivery 36

Delivery Pricing Fast Casual Online Ordering 36

Rocket Fuel

MARCH 2, 2022

In most restaurants, a few key team members typically handle accounts payable management, and there are several processes involved, including: Receiving supplier invoices. Operators can easily do this through simple communication with their management team, and the use of data analytics within their present practices.

Cash Management 98

Cash Management Operations Consumer Goods Inventory 98