Restaurant365

JUNE 9, 2020

By generating a budget for your controllable costs , you can create a clearer path for your cash to move. Assessing this movement by ensuring that the budget is maintained and that invoices are entered daily will help you better manage your cash flow each month. Manage your cash flow. One of these costs is labor.

Cash Management 97

Cash Management Management Management Small Business 97

Restaurant365

FEBRUARY 8, 2022

Forecasting implications affect inventory and labor spending, so you must forecast to accurately predict what your labor cost is going to be and what your restaurant inventories are going to look like. It provides your managers with the data they need to help run the business. Store-level manager accountability.

2022 78

2022 Cash Management Point of Sale Inventory 78

Restaurant365

NOVEMBER 20, 2020

After implementing weekly inventories, Eli’s was generating the data needed to monitor whether menu items were priced correctly. The leadership team reviews Restaurant365’s AvT analysis report with location managers on a weekly basis.

Demo 148

Demo Point of Sale Cash Management Waste 148

Mad Mobile

FEBRUARY 5, 2024

Implementing a tableside ordering system like CAKE can help managers and owners track inventory and update menus on the fly. Easily split checks, open tabs, and cash out with QR code or contactless payments. They won’t have to jump back in line or wait for long to put in orders or cash out.

Ordering 52

Ordering Fast Casual Mobile Ordering Fine Dining 52

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., We’re identifying things for us to start looking at, as far as cost reduction, and sending those out to the managers in a timelier fashion.

Franchise 148

Franchise Franchising Cash Management Demo 148

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

Xtra Chef

SEPTEMBER 14, 2020

This product release includes the debut of Waste Tracking for Inventory Management users, updates to xtraCASH and Sync, and some new features to look for in the Vendor Hub and Purchasing & Ordering Management. Inventory Management users, meet Waste Tracking! The updates are now live for all xtraCHEF customers.

Waste 88

Waste Cash Management Online Ordering Inventory 88

Restaurant365

JULY 29, 2021

Strong vendor relationships can help you ensure continuity in product, better pricing, and high-quality standards for inventory. Ultimately, managing your vendor relationships is an area of risk management. Your managers are also likely spending a lot of their limited time trying to fill gaps in staff roles.

Cash Management 78

Cash Management Point of Sale Inventory 2021 78

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. – Forecast Your Inventory Needs. cash, credit card, contactless). Forecasting by revenue center. Conclusion.

Cash Management 88

Cash Management Online Ordering Inventory Seasonal Menu 88

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. – Forecast Your Inventory Needs. cash, credit card, contactless). Forecasting by revenue center. Conclusion.

Cash Management 78

Cash Management Online Ordering Inventory Seasonal Menu 78

Lavu

DECEMBER 12, 2022

A POS system is used to process transactions, store data about transactions, and provide many other features that help a business owner manage the operations and sales at their store. Request a demo of Lavu’s iPad POS system. Request a demo of Lavu’s iPad POS system. iPad POS systems can run on just an iPad.

POS 60

POS Point of Sale Mobile Ordering Cash Management 60

Restaurant365

DECEMBER 20, 2021

Sharing information between teams shouldn’t require time-consuming communication to ensure accurate reporting, cost management, and forecasts. From ordering inventory for the weekend to scheduling staff for next week, these small decisions add up over time to impact the larger numbers.

Operations 78

Operations Leadership Point of Sale Cash Management 78

Restaurant365

OCTOBER 22, 2021

Even if you use restaurant management software to automatically pull much of this restaurant data, understanding the calculations behind your operational restaurant reporting can help you place these numbers in context. An accurate CoGS relies on up-to-date numbers from your inventory management system. Conclusion.

Point of Sale 78

Point of Sale Insurance Inventory Cash Management 78

Smart Systems Pro

APRIL 3, 2019

A restaurant management plan is your written strategy for how to get your restaurant to where you want it. This restaurant management plan is a tool that translates ideas (I should or I’ll try to) into action (I am). Benefits of a restaurant management plan. Increased cash flow. Teach, involve and delegate to your team.

Management 72

Management Management Cash Management Front of House 72

Xtra Chef

APRIL 22, 2020

For a lot of restaurants, inventory is notoriously difficult to track. Inventory in the industry is subject to price fluctuations, spoilage, spills, and waste, and with the fast pace of any given day, reporting inaccuracies are often the norm. Mattenga’s Pizzeria now uses xtraCHEF to aggressively track and manage their food costs.

Cash Management 80

Cash Management Back of House Inventory Seating 80

Focus POS

JUNE 17, 2019

It’s a system that takes the place of a traditional cash register and provides much more than basic transaction functionality. Restaurant point of sale software empowers businesses to control labor costs, manage inventory, and have deeper visibility into business operations. POS for Restaurant Franchise Management.

Point of Sale 113

Point of Sale Cash Management POS Franchise 113

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. There are two types of POS software: front-end software, where transactions are processed, and back-end software, where analytics, sales, inventory and other important data is stored.

POS 52

POS Loyalty Program Point of Sale Cash Management 52

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

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

Apicbase

MARCH 3, 2023

These back-of-house software systems have become indispensable for modern restaurants because they enhance profitability and simplify work for restaurant managers and kitchen staff. Chief among these restaurant management systems is a F&B management platform such as Apicbase. Let’s find out how.

Point of Sale 52

Point of Sale POS Management Management 52

Marketman

DECEMBER 21, 2019

Whether your restaurant is preparing for its grand opening night or will be celebrating its 10 year anniversary, it is never a bad time to begin implementing the best restaurant management practices and improving your processes. Restaurant management spans over a wide variety of elements including: Customer service. Staff management.

Management 52

Management Management Cash Management Inventory 52

Restaurant365

OCTOBER 14, 2020

Balancing cash flow month to month, let alone year to year, can be difficult for the ever-changing restaurant industry. As a restaurant owner or manager, you can use a budget to understand your income and expenses, and at what levels you will profit, break even, or operate at a loss. And yet, in times of uncertainty, like the COVID-19.

Point of Sale 78

Point of Sale Email Marketing Advertising Cash Management 78

Mad Mobile

FEBRUARY 13, 2024

For the back-of-house, iPad POS ordering systems allow you to manage your inventory and workflows effortlessly. Overall, implementing iPad POS ordering in your restaurant can transform how your table management operates. Learn more about tableside ordering and schedule a demo today!

POS 40

POS Training Management Management 40

The Restaurant Expert

APRIL 3, 2019

A restaurant management plan is your written strategy for how to get your restaurant to where you want it. This restaurant management plan is a tool that translates ideas (I should or I’ll try to) into action (I am). Benefits of a restaurant management plan. Increased cash flow. Teach, involve and delegate to your team.

Management 40

Management Management Cash Management Front of House 40

Restaurant365

MARCH 15, 2022

According to the National Restaurant Association, the average cost of restaurant turnover in 2021 was $1,869 per hourly employee, $8,119 per manager and $14,689 per general manager. Train your managers to hire the right employees. Managers must be able to identify applicants who are good cultural fit. Four-day workweek.

Hiring 78

Hiring Cash Management Insurance Communication 78

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

Restaurant365

JUNE 9, 2021

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. Capacity optimization relies on building the perfect book of reservations with your table management system. For more information, schedule a free demo.

FOH 78

FOH BOH Front of House Back of House 78

Restaurant365

OCTOBER 8, 2021

Your ghost kitchen may be able to function as a centralized commissary or production hub, streamlining labor costs or even inventory management. Schedule a free demo of Restaurant365 today. For restaurant groups that may run a separate ghost kitchen, a virtual brand can also provide other cost efficiencies. Conclusion.

Front of House 78

Front of House Back of House Website Management Delivery 78

Smart Systems Pro

SEPTEMBER 1, 2020

They said they wanted ALL of their systems tied together and more importantly wanted to hold their management team accountable … and that they wanted a solution. And that’s how our restaurant management software, Restaurant Systems Pro, was born. A restaurant manager who is OVER PAID! What does accountability mean?

Management 52

Management Management Coaching Cash Management 52

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. Read on to discover: What are inventory PAR levels? What Are Inventory PAR Levels?

Inventory 40

Inventory Food Safety Cash Management Waste 40

Xtra Chef

DECEMBER 2, 2020

Restaurant inventory management with Excel takes too time and can lose you money. Inventory management with Excel in restaurants is a common food cost control method that helps you order the right amount of food at the right time to minimize waste, reduce food costs, and maximize profits. Here’s a better solution.

Inventory 91

Inventory Management Management Cash Management 91

Xtra Chef

OCTOBER 28, 2020

Restaurant inventory management is not the most enjoyable restaurant task. Inventory management is a cost management strategy that influences your restaurant food costs , revenue, profitability, and cash flow. But having too little inventory makes it difficult to meet customer demand.

Inventory 78

Inventory Management Management Cash Management 78

Restaurant365

OCTOBER 31, 2019

For example, both inventory management and recipe costing were time-consuming and error-prone processes that failed to give the accurate insight necessary to succeed in an industry with tight margins. But with our broader menu, I needed a better way to manage my in-house recipes, track food yields, and control costs.

Demo 17

Demo Cash Management Back of House Inventory 17

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

Your P&L is extremely valuable to manage your operations, budget, and future business growth. Before modern restaurant management technology, P&Ls required labor-intensive data tracking and analysis. Managing your balance sheet. Restaurant assets are what your restaurant owns, such as cooking equipment or inventory.

Cash Management 78

Cash Management Management Management Point of Sale 78

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