7 Shifts

SEPTEMBER 20, 2021

The first technologies that restaurants often invest in are the cloud-based point of sale (POS) systems and payroll processing. The restaurant tech industry is a growing one, with software and services designed to streamline almost every aspect of your business. Point of Sale (POS) Terminals. Third-party delivery.

Technology 370

Technology Front of House Social Media Back of House 370

BNG Point of Sale

JUNE 19, 2020

Point of System Cost / Our 2020 Guide to the Benefits of Today’s Merchant Software. As a business owner, the cost of a point of sale system you’re currently paying may be limited based on what seems affordable. Having a POS software system in place is a key way of creating immediate and more frequent sales.

Point of Sale 45

Point of Sale Mobile Ordering Merchandise POS 45

Culinary Cues

APRIL 30, 2020

Whichever side of the question you find yourself on – there is no denying that the constraints will be significant, customers will be very leery about entering a restaurant, and initial sales will never be enough to keep a restaurant solvent. There are few certainties at this time except an understanding that this is not over.

Point of Sale 308

Point of Sale Customer Service Customer Experience Cash Management 308

7 Shifts

APRIL 3, 2020

Comparing 7shifts’ internal data of 10,000+ restaurants, restaurants are seeing an average weekly decrease in sales of 50% across the board in North America. Download all the data from your restaurant POS or back-office management platform to get a sense of how your restaurant is operating today.

BOH 368

BOH POS Influencer Point of Sale 368

BNG Point of Sale

OCTOBER 13, 2021

Types of Point-of-Sale (POS) Systems. Point-of Sale (POS) systems are increasingly powerful tools for improving sales and profits. They offer a wide range of hardware and software options to aid in everything from sales to management to accounting. Customer-facing display screen. Label printer.

POS 52

POS Loyalty Program Point of Sale Cash Management 52

Ken Burgin

NOVEMBER 15, 2021

The wine list is an essential part of your restaurant or hotel beverage service, so let’s apply intelligent design and business thinking to increase profits and ensure it appeals to the greatest number of people. Covid has given us time to rethink lists, and customers have come back with less money in their pockets.

Point of Sale 147

Point of Sale Back of House Beverage Email Marketing 147

Modern Restaurant Management

JANUARY 12, 2022

71 percent rely on delivery for 11 percent or more of sales. 33 percent rely on delivery for more than 20 percent of sales. 65 percent rely on mobile ordering for 11 percent or more of sales. 25 percent rely on mobile ordering for more than 20 percent of sales. Investment in delivery and mobile ordering pays off.

2022 215

2022 Mobile Ordering Guest Recovery Point of Sale 215

Open for Business

OCTOBER 20, 2023

Knowing your audience will inform your menu, but more importantly, your restaurant’s overall vibe and service style. Customer experience is another factor, and your interior should resonate with the brand’s personality. Are you targeting families, young professionals, or a little bit of everything? Efficiency is key.

License 78

License Email Marketing Seasonal Menu Front of House 78

Lavu

FEBRUARY 24, 2020

Apart from accepting cash and card payments, mobile payments have grown to be the next big thing. They can use their phones to store credit and debit cards, and reward cards as digital cards for paying through online apps or at physical cash registers. You do not need to have physical cards or cash to make payments. .

Mobile Ordering 78

Mobile Ordering Cash Management Point of Sale Online Ordering 78

Modern Restaurant Management

JULY 15, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features Grubhub's State of the Plate 2020 trend report, the fragility of "open," di g ital resilience and brand intimacy. See the latest sales and traffic results here: Sales Improve but Restaurants Should Brace Themselves for Challenges Ahead.

2020 195

2020 Mobile Ordering Point of Sale Fast Casual 195

Lavu

DECEMBER 20, 2019

Restaurant accounting includes items unique to the food service industry. Under Internal Revenue Service regulations , employees must keep a daily record of the cash and non-cash tips received, either directly or indirectly. amount of cash tips to their employer by the 10th of the following month. that income.

Cash Management 78

Cash Management Point of Sale Employee Relations Inventory 78

BNG Point of Sale

SEPTEMBER 2, 2021

It is difficult to make a profit when you are trying to satisfy your customers with high-quality ingredients while at the same time not overcharging. Full-Service Restaurants . For a full-service restaurant, a net profit margin of between 3-5% is achievable. A Guide to a Restaurant’s Ideal Profit Margin for Food .

Food Truck 52

Food Truck Loyalty Program Food Point of Sale 52

Modern Restaurant Management

JULY 20, 2021

The ability for restaurants, particularly full service restaurants, to operate at total capacity, consumer comfort with dining in, and more business and recreational travel will aid recovery at the dinner daypart. Falling outlets, rising sales. " Remarkable Resiliency. Each daypart — morning meal, lunch, dinner, and P.M.

2021 189

2021 Guest Recovery Online Ordering Point of Sale 189

The Restaurant Times

SEPTEMBER 1, 2021

Here is when Point of Sale or POS software comes into the picture. Harnessing the POS software, restaurateurs have enhanced their restaurant management systems to stay pro-active in the competition. . This article aims to highlight how POS software can transform your restaurant management system by automating it.

POS 52

POS Management Management Cash Management 52

Lavu

MARCH 27, 2020

The words “restaurant management system” rarely cause excitement. There’s a reason there are millions of food photos on Instagram and just a few thousand of point of sale systems (POS). The point is that restaurants and dining habits have changed dramatically in the past two centuries.

Point of Sale 78

Point of Sale Front of House Mobile Ordering Back of House 78

Deliverect

JULY 24, 2020

POS (point of sale) systems. Is it limited to taking payments and orders, or does it also provide inventory management, a reservations system, kitchen and shift management tools? It’s becoming increasingly important to have a system in place to handle delivery orders and manage the driver or customer pick-up process.

Technology 110

Technology Mobile Ordering Front of House Online Ordering 110

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

JULY 29, 2021

The economy is recovering, and the restaurants that have made it on the other side of the pandemic are looking forward to increased customer demand and warmer weather. The restaurant industry saw new trends like: Increased sales for take-out and delivery. Use of automation and self-service for both in-store ordering and drive-thrus.

Cash Management 78

Cash Management Point of Sale Inventory 2021 78

BNG Point of Sale

JULY 16, 2021

It is one of the most vital key performance indicators (KPIs) for any type of establishment with food – which makes sense because without this crucial information there would not be enough revenue coming in from customers each day (or week). Most average restaurant revenue statistics reflect pre-COVID sales numbers.

Point of Sale 52

Point of Sale Seasonal Menu Cash Management Fine Dining 52

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 180

2022 Food Supply Back of House Kitchen Safety 180

The Restaurant Times

NOVEMBER 15, 2021

When you open a restaurant/bar, you are expected to provide top-notch customer service not only for the restaurant but also the bar. As a restaurant owner, you are responsible for the customer service whether it be from the bar staff or restaurant staff. 4 Ways To Train Your Bar Staff To Deliver Good Customer Experience.

Training 52

Training Bar Dietary Restrictions Point of Sale 52

The Restaurant Times

OCTOBER 28, 2021

In the post-pandemic times, restaurants and eateries are reopening which means more customer footfall and higher occupancy. In the restaurant industry, effective capacity management is critical to success which depends largely on how well you can control the traffic. Customers also want to be able to order delivery and takeaway.

Technology 52

Technology Operations Point of Sale Mobile Ordering 52

SpotOn

FEBRUARY 26, 2024

Establishing a rapport with the customer, finding out their needs, and pointing out the solutions your business offers are elements that some people find easier than others.  Such proficiency in customer interactions is a rare skill. A successful retail operation needs a great team.

Recruiting 52

Recruiting Retail Point of Sale Small Business 52

Lavu

JANUARY 15, 2020

Before the challenge of making a profit, you also have to identify sources of financing. Simply put, restaurant financing is the money loaned, borrowed, or sourced from an external party. The purpose of sourcing the money could be to start a restaurant, expand to a second location, or refurbish the premises.

Cash Management 78

Cash Management Equipment Small Business Front of House 78

The Restaurant Times

MAY 31, 2021

Still, if the location is not accessible to the target audience, it can hinder your sales and affect growth. . In other words, the location of your bakery should be within easy reach to your suppliers and customers. . In other words, the location of your bakery should be within easy reach to your suppliers and customers. .

Point of Sale 69

Point of Sale Cash Management Customer Service Employee Relations 69

The Restaurant Times

MAY 30, 2021

It gives banks and potential investors information regarding its business objectives – market analysis, management details and financial requirements to sales and marketing, expansion potential, etc. What services will you provide to your target audience and clientele? Introduction. Executive Summary. Business Overview.

Point of Sale 52

Point of Sale Food Truck Employee Relations Cash Management 52

The Restaurant Times

JANUARY 31, 2022

Investing in skilled restaurant consulting during the start-up phase of your restaurant or food & beverage enterprise will help you reach the break-even point faster. Yes, you can enrol in restaurant management classes or attend culinary school. Find out what services a consultant offers and how much those services cost.

Cash Management 52

Cash Management Kitchen Safety Point of Sale Hiring 52

The Restaurant Times

MARCH 1, 2022

Brimming with resolutions, your customers will now be back with renewed vigour to your establishments. What you serve will always be the #1 factor that will attract new customers to your restaurant. And if you consistently serve good food and exceptional service, you will have more returning customers to your restaurant. .

2022 52

2022 Operations Social Media Cash Management 52

Black Box Intelligence

AUGUST 5, 2021

million in April, and the accommodations and food services sector accounted for the largest increases. With fewer workers on the market, service businesses of all kinds are competing for a smaller talent pool. The cost of restaurant and service industry labor in 2021 is accelerating rapidly. Safety concerns. an hour.

Recruiting 98

Recruiting 2021 Management Management 98

Restaurant365

OCTOBER 30, 2020

As a restaurant owner or manager, sometimes you may need to jump in to help keep business running smoothly. However, the day-to-day tasks can distract from the bigger-picture work that is essential for your long-term business health: restaurant operations management. What is restaurant operations management?

Operations 78

Operations Management Management Inventory 78

The Food Corridor

JUNE 3, 2020

The platform aggregates hundreds of suppliers so that customers can shop from many different sources at their convenience. Customers can order on the app and receive their items at local pick up points or via delivery. Out of adversity, comes invention and opportunity.

Food 87

Food Online Ordering Food Order Customer Service 87

The Restaurant Times

MARCH 8, 2022

Open communication and cash flow planning are essential for your company’s survival. In practically every part of your operation, your restaurant management team must be decisive, move quickly, and cut to the bare essentials, but keep an eye out for fresh opportunities in this trying period. . Source: CNBC.

Design 52

Design Guest Recovery Fine Dining Tip Distribution 52

Lavu

NOVEMBER 6, 2019

Designing a restaurant and bar loss-prevention strategy is critical to managing a profitable business, regardless of your size or level of success. Designing a restaurant and bar loss-prevention strategy is critical to managing a profitable business, regardless of your size or level of success.

Bar 60

Bar Cash Management POS Point of Sale 60

Black Box Intelligence

AUGUST 5, 2021

million in April, and the accommodations and food services sector accounted for the largest increases. With fewer workers on the market, service businesses of all kinds are competing for a smaller talent pool. The cost of restaurant and service industry labor in 2021 is accelerating rapidly. Safety concerns. an hour.

Recruiting 71

Recruiting 2021 Management Management 71

ChefMod

OCTOBER 6, 2021

But, how have they managed to stay up and running so far? Additionally, the restaurant industry lost $240 billion in sales compared to the Association’s pre-pandemic forecast of the year 2020. It is no secret that the COVID-19 pandemic has had a devastating effect on many industries and individuals around the world.

2021 52

2021 Email Marketing Front of House Cash Management 52

The Restaurant Times

OCTOBER 24, 2021

It is no wonder that with one foot firmly in the food delivery business, food aggregators are aggressively moving towards cloud kitchens to cash in on the frenzy. It is no wonder that with one foot firmly in the food delivery business, food aggregators are aggressively moving towards cloud kitchens to cash in on the frenzy.

Kitchen Safety 52

Kitchen Safety Online Ordering Mobile Ordering Food Order 52

Restaurant365

SEPTEMBER 30, 2019

Costly custom integrations require importing, exporting, and setting up third-party platforms to process invoices electronically. Operators can determine approval process routing through customized human intervention rules by location, vendor, category, or amount. This multi-system manual entry is unreliable and inefficient.

Audits 60

Audits Cash Management Mobile Ordering Point of Sale 60