Remove Cash Management Remove Demo Remove Inventory Remove Training
article thumbnail

The Top 5 Restaurant Inventory Management Mistakes and How to Avoid Them

Restaurant365

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. First, let’s break down the two types of inventory costing, Actual and Theoretical. Theoretical Variance.

article thumbnail

Restaurant Inventory Management: Why Accounting Integration is Important

Restaurant365

Running a successful restaurant business is all about spending your cash wisely. You invest a large amount of your budget in inventory. When that inventory is wasted, stolen or spoiled before it’s sold, it must be written off as an expense in the books. What is restaurant inventory management?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

From Chaos to Control: Managing 60% Turnover with Effective iPad POS Training

Mad Mobile

Sometime after closing for the night, pouring over customer complaints on Yelp, you realize something crucial: you forgot to train your staff. Today, we share some best practices and tips for training your staff to use an iPad POS ordering system like CAKE’s tableside solution. It’s a vital part of keeping your business thriving.

POS 40
article thumbnail

11 Restaurant Management Best Practices to Maximize Your Performance in 2021

Restaurant365

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
article thumbnail

5 Tips for Maximizing Restaurant Operations Management

Restaurant365

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?

article thumbnail

5 Restaurant Types Perfectly Suited for Tableside Ordering Systems

Mad Mobile

The tableside ordering tablets have the same POS interface, making it easy to use without requiring much training. 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.

article thumbnail

Smooth Roll Out of Restaurant365 at BLCO’s 29 KFC, Taco Bell and A&W Locations Kicks Off Efficiency Gains

Restaurant365

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