Restaurant365

AUGUST 25, 2020

Comprehending your restaurant cash flow is essential to running your restaurant business. Cash flow refers to the amount of cash coming into your restaurant minus the amount of cash going out on a daily, weekly or monthly basis. Common factors that cause cash flow issues. Too much inventory. Unexpected expenses.

Cash Management 97

Cash Management Seasonal Menu Inventory Email Marketing 97

Web Diner

AUGUST 5, 2020

As delivery becomes more prevalent, customers may be unaware that they’re paying more than they were used to. And that’s before adding any delivery fees or tipping. In response to the pressure from third-party delivery platforms, restaurants are implementing new delivery pricing strategies. and 20.3% ). and 20.3% ).

Delivery 36

Delivery Pricing Fast Casual Online Ordering 36

Restaurant365

FEBRUARY 8, 2022

It provides your managers with the data they need to help run the business. It also helps prevent overstaffing to prevent cash flow bleeding. You want to prevent inventory sitting on shelves because that affects cash flow. Among other things, forecasting enables you to hold store level managers accountable.

2022 78

2022 Cash Management Point of Sale Inventory 78

Restaurant365

JUNE 26, 2020

With more than 30 years in the franchising business, C21 Group/BLCO Enterprises has grown into managing 29 KFC, Taco Bell and A&W franchise locations across Canada and parts of the U.S., The office was also juggling invoices coming from email, mail, and fax, on top of troubleshooting late invoice deliveries and wrong addresses.

Franchise 148

Franchise Franchising Cash Management Demo 148

Restaurant365

JULY 29, 2020

Though forecasting your restaurant’s sales is vital to determining your cash flow, if you’re not forecasting your sales by their individual revenue centers – dine in, take out, delivery, curbside, catering, etc. – Evaluate the Trend for Your Takeout and Delivery Orders. cash, credit card, contactless).

Cash Management 88

Cash Management Online Ordering Inventory Seasonal Menu 88

Restaurant365

MARCH 10, 2022

With food costs running at approximately 30% or higher, learning importance of inventory management and how to prevent common mistakes is critical in successfully driving down costs and maximizing profits. Use a budget system to ensure you are proactively managing your spending. Reduce the number of deliveries. Mistake #2.

Inventory 78

Inventory Management Management Merchandise 78

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! Consideration 3: Dine-In vs. delivery. You should expand takeout and delivery options for the holidays to make up for that gap.

Hospitality 155

Hospitality Seasonal Menu Front of House Social Media 155

Restaurant365

JULY 29, 2020

Though forecasting your restaurant’s sales is vital to determining your cash flow, if you’re not forecasting your sales by their individual revenue centers – dine in, take out, delivery, curbside, catering, etc. – Evaluate the Trend for Your Takeout and Delivery Orders. cash, credit card, contactless).

Cash Management 78

Cash Management Online Ordering Inventory Seasonal Menu 78

Restaurant365

JULY 29, 2021

The restaurant industry saw new trends like: Increased sales for take-out and delivery. Rise of ghost or virtual kitchens targeting delivery-only sales. Ultimately, managing your vendor relationships is an area of risk management. Few areas of restaurant operations were immune from changes. Ensure access to capital.

Cash Management 78

Cash Management Point of Sale Inventory 2021 78

Restaurant365

OCTOBER 8, 2021

As food delivery boomed, and on-and-off capacity restrictions changed indoor dining, the ghost kitchen business model became more widespread. This kind of restaurant serves customers solely through online orders and delivery. With delivery businesses, the limiting factor is kitchen throughput.

Front of House 78

Front of House Back of House Website Management Delivery 78

Hot Schedules

NOVEMBER 12, 2020

Top Five Supply Chain Management Tips. . As business levels continue to fluctuate since early Spring, it is important to keep stock levels to a minimum to preserve cash and minimize waste. To find out how to cut costs, not corners, to effectively manage your supply chain check out our procurement and inventory guide.

Supplies 78

Supplies Management Management Allergens 78

Restaurant365

AUGUST 4, 2020

Running a successful restaurant business is all about spending your cash wisely. Integrating inventory management with accounting facilitates better inventory control. When you think of your restaurant finances, you don’t always equate it with inventory management. What is restaurant inventory management?

Inventory 78

Inventory Management Management Cash Management 78

Xtra Chef

APRIL 22, 2020

Whether you’ve been forced to close your doors or are keeping the kitchen open with take-out and delivery, now is a great time to take measures to optimize your standard operations and put your business in a position to succeed when the world returns to normal, or whatever the new normal might be. xtraCHEF turns this nightmare into a dream.

Cash Management 80

Cash Management Back of House Inventory Seating 80

BNG Point of Sale

OCTOBER 13, 2021

They offer a wide range of hardware and software options to aid in everything from sales to management to accounting. Cash register/drawer. These software capabilities alleviate some of the administrative tasks of running and managing a business. Business owners have many POS systems from which to choose. Touchscreen terminal.

POS 52

POS Loyalty Program Point of Sale Cash Management 52

EATER

JANUARY 5, 2022

We’re here to disrupt the food deliveries industry,” says Ben Thein, COO of Flytrex , an Israeli drone delivery company. Partnering with the Mexican grilled chicken chain, the drone system has completed about 500 deliveries so far, mostly in North Carolina, with plans to expand in the Dallas area soon. What a bold future.

Food 143

Food Mobile Ordering Online Ordering Food Order 143

Restaurant365

SEPTEMBER 3, 2021

Restaurant owners, operators, and managers are constantly faced with decisions about accounting, operations, inventory, customer service, and staffing. To keep up in a fast-paced industry, restaurants might consider adding a new role, commonly called “profitability strategist,” to the management team.

Waste 78

Waste Cash Management Point of Sale Inventory 78

Restaurant365

JUNE 9, 2021

Focus on four main areas that touch the guest experience to get the most out of FOH business: Maximizing your revenue with your mix of dine-in, takeout, and delivery. If possible, with your table management system, also break this data down into turn time by server so you can evaluate how your team is interacting with tables.

FOH 78

FOH BOH Front of House Back of House 78

Restaurant365

JUNE 17, 2020

Whether you are slowly scaling up operations again or moving from takeout and delivery only to limited dine-in, it is more important than ever to stay on top of your labor and payroll cost. Scheduling software can also help save time for your in-house management team, freeing managers up to complete more valuable tasks.

Tip Distribution 78

Tip Distribution Point of Sale Employee Relations Restaurant Law 78

Modern Restaurant Management

AUGUST 5, 2020

and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. in-restaurant dining and online ordering for pickup or delivery), which can be leveraged to drive highly customized campaigns using a built-in marketing solution.

Food Safety 203

Food Safety Mobile Ordering Online Ordering Kitchen Safety 203

Modern Restaurant Management

APRIL 2, 2020

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. Checklist app automates daily food safety and operational task management as well as regular maintenance and audit procedures. ” The BOHA!

Healthcare 179

Healthcare Employee Relations Online Ordering Customer Service 179

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

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. Inventory Management.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

Restaurant365

APRIL 23, 2020

Now more than ever, as your business runs in a delivery/takeout/curbside model, and prepares for an anticipated phased-in reopening, records of financial activity, organized by different kinds of financial statements, help you lay the foundation for a strong business and make informed decisions now and in the future. Cash flow statement.

Cash Management 78

Cash Management Management Management Point of Sale 78

Apicbase

JULY 20, 2023

Tight inventory management is crucial to the profitability of any restaurant business, but it’s especially important for multi-outlet businesses, where mistakes and small discrepancies are multiplied many times over. If you’re uncertain about how much of each item you need to order, purchasing becomes an anxiety-inducing nightmare.

Inventory 40

Inventory Food Safety Cash Management Waste 40

Restaurant365

MAY 25, 2022

Online ordering for takeout or delivery services using a voice-enabled platform such as Amazon Alexa, Google Home, or iPhone’s Siri: 46%. Kiosks that only accept electronic payments remove the time and costs associated with handling cash. Schedule a free demo of Restaurant365 today. That’s where Restaurant365 can help.

Technology 78

Technology Mobile Ordering Social Media Online Ordering 78

Restaurant365

SEPTEMBER 24, 2020

The focus on theoretical food costs and reports like profit and loss (P&L) statements has also made store-level managers more accountable, he reported. AvT helps corporate and management stay up to date with what’s going on in all stores, starting conversations when necessary and prompting effective solutions.

Cash Management 60

Cash Management Demo Food Point of Sale 60

ChowNow

JUNE 17, 2020

Neither guests nor staff will need to learn to use a new technology, and you won’t have to make any additional investments at a time when cash is especially tight. Schedule a free demo to see how our commission-free online ordering platform for dine-in, curbside, pickup, and delivery will help your restaurant thrive.

Online Ordering 88

Online Ordering Ordering Demo Website Management 88

Apicbase

APRIL 20, 2022

You will also need to estimate the expected growth rate for at least the first year of the franchise business, calculate the restaurant cash flow, and determine the payback period (the time it will take to cover the capital expenditure). We suggest focusing on your earnings before interest and taxes (EBIT) to estimate cash flow.

Franchise 52

Franchise Franchising Cash Management Kitchen Safety 52

Modern Restaurant Management

JUNE 19, 2020

This singular focus has allowed Bloom to create a world class enterprise analytics and marketing platform that saves at-risk customers, builds and manages online reviews, while increasing customers’ frequency. This will also help better surface if a business is offering takeout, delivery and curbside pickup.

Food Safety 116

Food Safety Customer Experience Website Management Employee Relations 116

Apicbase

MAY 18, 2022

Managing a chain of company-owned restaurants is very different from working with franchisees. Besides cost estimates, audited financial statements and projections should be included, like: the expected growth rate for (at least) the first year; the estimated restaurant cash flow; the expected payback period. 9 Be Open To Feedback.

Franchise 52

Franchise Franchising Sustainability Document 52

Web Diner

AUGUST 27, 2020

Even before all this, online ordering and delivery had already recorded a 300% growth compared to dine-in traffic since 2014. customers ordered takeout or delivery once a week. For most of this year, takeout and delivery have represented well over 60% of independent restaurants’ revenue. And at least 60% of U.S

Social Media 69

Social Media Email Marketing Online Ordering Mobile Ordering 69

Restaurant365

MARCH 11, 2021

So when it comes to your back office solution, maximizing performance is highly dependent on simplifying your restaurant management software as much as possible. With multiple management platforms that aren’t connected, you’ve added more overly complex pieces to your business. Powerful restaurant accounting abilities.

Management 17

Management Management Inventory Cash Management 17

Web Diner

AUGUST 27, 2020

Even before all this, online ordering and delivery had already recorded a 300% growth compared to dine-in traffic since 2014. customers ordered takeout or delivery once a week. For most of this year, takeout and delivery have represented well over 60% of independent restaurants’ revenue. And at least 60% of U.S

Social Media 36

Social Media Email Marketing Online Ordering Mobile Ordering 36

Black Box Intelligence

NOVEMBER 1, 2021

Sign up for a demo of Black Box Financial Intelligence. . Sign up for a demo of Black Box Financial Intelligence to compare your performance to your competition. Click here to sign up for a demo. . Span of Control for Multi-Unit Managers Increased in Full-Service Restaurants . restaurants. restaurants.

Fast Casual 84

Fast Casual Guest Recovery Fine Dining Point of Sale 84