7 Shifts

APRIL 3, 2020

By now, many states and provinces have either mandated reductions in seating or the closure of dining areas, with most restaurants turning to takeout and delivery. 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

The Restaurant Times

JANUARY 26, 2023

A traditional point of sale (POS) used to be a restaurant billing software that processed orders and produced receipts. But as cloud technology developed, the basic POS system transformed into a full-fledged restaurant management system. This adds a layer of complexity to POS systems. Read along!

POS 59

POS 2023 Loyalty Program Point of Sale 59

7 Shifts

MAY 23, 2024

Managing a restaurant is not for the faint-hearted. In this industry, one of the worst-case scenarios is running out of money. In this industry, one of the worst-case scenarios is running out of money. You can easily retrieve this data from your POS system. Table of Contents What is included in a restaurant budget?

Point of Sale 195

Point of Sale Seasonal Menu Food Supply Cash Management 195

Modern Restaurant Management

APRIL 5, 2022

As per a recently published report by Future Market insights, the Takeaway and Delivery Food market is going to witness accelerated demand in the coming years with online food platforms. As restaurants shuttered across the world due to the pandemic in 2020, deliveries and takeout orders soared.

Online Ordering 196

Online Ordering Point of Sale Website Management Inventory 196

BNG Point of Sale

AUGUST 25, 2020

How much do POS systems cost? What a company lists on their website may not always be accurate, with hidden costs in today’s world of advanced POS systems, it is even more complicated. To help give you a clearer understanding of today’s POS costs, we’re providing a basic rundown of prices. How much does a POS System cost?

POS 88

POS Cash Management Mobile Ordering Online Ordering 88

Modern Restaurant Management

FEBRUARY 3, 2022

Seventy-four percent of full service restaurants (FSRs) managed to maintain or increase their sales during the pandemic; however, profit margins in 2021 declined to 10 percent, compared to 12 percent in 2019, according to third annual State of Full Service Restaurants Report released by TouchBistro.

Loyalty Program 194

Loyalty Program Online Ordering Cash Management Point of Sale 194

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. . Besides, there are many other ways in which POS software can spur growth in your restaurant business. Manage Inventory.

POS 52

POS Management Management Cash Management 52

Modern Restaurant Management

SEPTEMBER 1, 2023

Inefficient restaurant inventory management practices, improper storage, gaps in inventory logs, theft, and waste can cause even the most successful kitchens to struggle or fail. Below are the top seven inventory management mistakes restaurants are making, and how to correct them. Reduce the number of deliveries as often as possible.

Inventory 180

Inventory Management Management Cash Management 180

Rocket Fuel

JANUARY 26, 2024

We’ll just come out and say it: Restaurant operators are losing money to third-party delivery service providers. And with delivery channel growth up 1,343% since 2019, delivery doesn’t seem to be going anywhere. Delivery loss 101 What is delivery loss? There are two common forms of delivery loss: 01.

Delivery 52

Delivery Back of House Customer Service Technology 52

Squirrel Systems

MAY 25, 2021

Restaurant POS Software Integrations The POS has been around for close to 150 years but looked and operated very differently back then to what we commonly see in restaurants, hospitality businesses, or retail spaces today. POS technology is one of the most significant investment decisions that restaurant owners make today.

POS 52

POS Loyalty Program Cash Management Point of Sale 52

The Restaurant Times

JULY 17, 2021

POS software solutions are now ubiquitous. From small retailers to restaurants, POS software is used for billing almost everywhere. According to a report by Marketsandmarkets , the cloud POS systems market is expected to touch USD 3.73 But first, let us see what both of these POS systems are. billion by the year 2023.

POS 52

POS Cash Management Online Ordering Point of Sale 52

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. Business owners have many POS systems from which to choose. Label printer.

POS 52

POS Loyalty Program Point of Sale Cash Management 52

Focus POS

DECEMBER 8, 2021

During a “normal” year, restaurant owners and operators face issues such as cash flow and capital, inventory management, hiring and training and providing excellent customer service. How the right POS system overcomes restaurant challenges. As far as restaurant challenges go, inventory mistakes can be some of the costliest.

Mobile Ordering 148

Mobile Ordering Point of Sale Cash Management Food Supply 148

7 Shifts

JANUARY 26, 2021

million out of work, it was nothing short of devastating. Ordering online, paying with mobile phones, scanning QR codes for a menu, and a ton of takeout, are just a part of dining out now. With mobile ordering, there are no menus to pass out and back around, no germed-up credit cards to swipe, and no cash to handle.

2021 370

2021 Front of House Social Media Back of House 370

Modern Restaurant Management

JANUARY 8, 2024

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour.

2024 215

2024 Loyalty Program Cash Management Customer Experience 215

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 218

2022 Customer Service Online Ordering Website Management 218

Modern Restaurant Management

AUGUST 10, 2022

While increasing grocery costs could lead some consumers to eat out instead , it’s clear that restaurants need to do more to justify higher prices and improve the customer experience. Seven out of 10 U.S. Fortunately, today’s restaurateurs have a playbook that can help them to do precisely that. First-Rate Service.

Customer Experience 188

Customer Experience Online Ordering Customer Service Mobile Ordering 188

Focus POS

SEPTEMBER 17, 2020

While curbside pickup and delivery operations were able to hold many different restaurants over, for the time being, the ban on indoor alcohol sales was a little trickier to get around. Here’s how you can cash in on this trend: State Regulations Vary. Is your software set up to manage pickup and delivery for alcohol sales?

License 162

License Restaurant Law Online Ordering Uniforms 162

The Restaurant Times

JUNE 11, 2021

Managing a restaurant is a daunting task. Handling inventory, staff and customers, along with keeping track of analytics and reports all at the same time can become cumbersome for the restaurant manager. It enables you to manage each task efficiently. . Installing a POS system for restaurants is the best way to do that.

POS 52

POS Mobile Ordering Loyalty Program Online Ordering 52

The Food Corridor

MAY 7, 2020

But when things suddenly change, as they have with the current Covid-19 situation, you have to put those feelings aside and take positive action to transition to a model that suits the times. Two common themes are food businesses transitioning to online ordering for delivery or curbside pickup, and others turning to an ecommerce model.

Delivery 98

Delivery Food Online Ordering Email Marketing 98

Lavu

APRIL 8, 2020

Choosing a point of sale (POS) system is one of the most important business decisions to make. The right POS system provides a powerful platform to boost sales and streamline operations. The more robust a POS is, and the more it can integrate other software, the more efficient your operation can become. Specialized Marketing.

POS 78

POS Loyalty Program Mobile Ordering Point of Sale 78

BNG Point of Sale

AUGUST 25, 2020

How much do POS systems cost? What a company lists on their website may not always be accurate, with hidden costs in today’s world of advanced POS systems, it is even more complicated. To help give you a clearer understanding of today’s POS costs, we’re providing a basic rundown of prices. How much does a POS System cost?

POS 52

POS Cash Management Mobile Ordering Online Ordering 52

SpotOn

MAY 20, 2024

That doesn’t mean they fully understand how tips factor into a restaurant’s financials or server’s take-home pay. The ubiquity of tips, the prevalence of cash-free payments, and a lack of clarity around service charges have left consumers and operators alike searching for a sustainable solution. 

Definition 52

Definition Tip Distribution Cash Management Customer Service 52

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

Cheetah

DECEMBER 2, 2021

A good system will also help staff manage their personal cash flow. Instead of handling dozens of envelopes every day, once your shifts are set up, tipping out becomes as simple as a click-of-a-button. Review these top 5 tip pooling platforms to find the best one for your restaurant and POS system.

Cash Management 78

Cash Management Restaurant Law POS Employee Relations 78

Cheetah

DECEMBER 1, 2021

A good system will also help staff manage their personal cash flow. Instead of handling dozens of envelopes every day, once your shifts are set up, tipping out becomes as simple as a click-of-a-button. Review these top 5 tip pooling platforms to find the best one for your restaurant and POS system.

Cash Management 78

Cash Management Restaurant Law POS Employee Relations 78

7 Shifts

OCTOBER 31, 2022

Taking the time and energy to create one proves to others (and yourself) that you're serious about the venture. The management team. Check out these successful restaurant ideas. Management team. Explain how your restaurant will stand out in a sea of competition. Your market position and competitive advantage.

Point of Sale 397

Point of Sale Back of House Document Download 397

Restaurant365

NOVEMBER 18, 2021

Your restaurant orders, receives, and counts food all in one system: your inventory management software. Your inventory management solution measures and stores all the information you need about your food cost. You receive time in your Point of Sale (POS) system. However, tracking your labor cost is a bit more complicated.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

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. Cost out your menu items and recipes.

2021 136

2021 Cash Management Management Management 136

BNG Point of Sale

SEPTEMBER 24, 2020

Today’s point-of-sale (POS) systems have changed dramatically and are a far cry from what was available just ten years ago, leaving many businesses to ask how do the newest versions of point-of-sale systems work? POS systems allow you to process more types of payment in more ways faster than ever before. What is a POS system?

Point of Sale 98

Point of Sale Mobile Ordering Cash Management POS 98

Focus POS

MAY 28, 2020

Here are five measures you can take to protect your staff’s health. . Take each employee’s temperature at the beginning of each shift. Allow staff members to take scheduled hand washing breaks. . This will reduce the amount of order errors made by taking customer orders over the phone. . To Keep Costs to a Minimum.

Online Ordering 129

Online Ordering Inventory Cash Management Download 129

Deliverect

JULY 24, 2020

The lockdown accelerated the adoption of online ordering and delivery tech as dining rooms closed and people were stuck at home. POS (point of sale) systems. POS (point of sale) systems. You probably already have a POS system in place. Delivery tech. COVID-19 has fundamentally changed the way restaurants operate.

Technology 110

Technology Mobile Ordering Front of House Online Ordering 110

Modern Restaurant Management

SEPTEMBER 14, 2022

– Team Bots’ It sounds like something out of a science fiction movie, right? AI and ML are buzzwords and often sound out of reach of an average restaurateur. Many restaurants were ill-prepared to compete with food delivery services like GrubHub and DoorDash. But they have tons of cash to burn on such gimmicks, right?

Front of House 211

Front of House Mobile Ordering Loyalty Program Back of House 211

Focus POS

JUNE 2, 2020

to “How am I bringing my business out of this stronger than it was pre-COVID -19 ?” But while total restaurant traffic in the United States has declined by 22%, digital and delivery orders have jumped by over 60%. A significant part of that new norm will be the ability to accept digital orders and take contactless payments. .

Technology 187

Technology Fine Dining Mobile Ordering Online Ordering 187

Modern Restaurant Management

MARCH 16, 2020

Due to the Covid-19 outbreak effect on the restaurant industry, Modern Restaurant Management (MRM) magazine is compiling a list of resources available for restaurant owners, operators and managers. To be added to this guide, reach out to Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com.

Food Safety 234

Food Safety Kitchen Safety Small Business Employee Relations 234

The Restaurant Times

FEBRUARY 22, 2022

However, we are living in exciting times with new opportunities emerging out of utter chaos. Restaurant startup developments in recent years have included a variety of food delivery alternatives, company expansion, service innovation, extended online ordering, assemble-your-meal popup businesses, and many others. . Restaurant Tech.

2022 98

2022 Front of House Cash Management Online Ordering 98

Kounta

JANUARY 9, 2020

Trend 1: Cash me if you can — cashless society will reach greater heights. Carrying cash is getting increasingly unpopular and there are many contributing factors behind this trend — including personal safety, inability to track your transactions, or simply conditioning of the time. But what’s in store for the industry in 2020?

Hospitality 98

Hospitality Cash Management Influencer POS 98