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.

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Inventory Management Management Cash Management 91

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. Manage inventory levels. Mistake #2. Mistake #3.

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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. Of course, there’s much more to inventory management than maintaining stock levels.

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Inventory Management Management Cash Management 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?

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Inventory Management Management Cash Management 78

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?

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Operations Management Management Inventory 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.

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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.

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Management Management Cash Management Front of House 72

Restaurant365

SEPTEMBER 23, 2021

Whether you’re a bookkeeper, accountant, restaurant owner, or store-level manager, understanding the basics of accounting can pay dividends for your business. Healthy accounting procedures for restaurants can help you manage food and labor costs, understand your profits and losses, and make strategic decisions about expenses and investments.

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Cash Management Point of Sale POS Inventory 147

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!

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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.

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Cash Management Seasonal Menu Inventory Email Marketing 97

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. After all, restaurants have historically offered same-day take home pay in the form of cash tips for front-of-house workers.

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Employee Relations Cash Management Point of Sale Front of House 148

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.

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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?

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Management Management Coaching Cash Management 52

Hot Schedules

MAY 22, 2020

In addition to removing the additional sanitation burden from your stores, the HotSchedules Time and Attendance module gives your team a time clock alternative to POS systems that is fully integrated into HotSchedules, offers punctuality controls & mobile alerts and gives managers an aggregated view of punch data and change history.

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Cash Management Demo POS Blog 97

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.

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Restaurant365

NOVEMBER 20, 2020

The leadership team reviews Restaurant365’s AvT analysis report with location managers on a weekly basis. These meetings encourage accurate reporting counts, in addition to enabling corporate to hold managers accountable. One key piece of Eli’s results has been addressing the variance in its AvT costs.

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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

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.

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Point of Sale POS Management Management 52

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.

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Xtra Chef

APRIL 9, 2020

Gift cards are a great tool to generate cash flow during COVID-19, but it’s important to consider both the benefits and possible consequences of selling them. . Gift card sales generate immediate cash flow — which is especially important at a time when it’s uncertain when restaurants can operate normally again. .

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Cash Management Back of House Demo POS 110

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.

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2022 Cash Management Point of Sale Inventory 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.

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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.

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Management Management Point of Sale POS 195

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.

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POS Point of Sale Mobile Ordering Cash Management 60

Restaurant365

MAY 25, 2022

Kiosks that only accept electronic payments remove the time and costs associated with handling cash. Our back-office management solutions cover accounting , payroll , scheduling , inventory , manager logbook , and more to give you the insights and intelligence to identify what’s working and what’s not.

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Technology Mobile Ordering Social Media Online Ordering 78

Restaurant365

JULY 29, 2021

Ultimately, managing your vendor relationships is an area of risk management. Understanding all the details you can about your current cash, loan, and grant status are essential as you look to make large-scale financing decisions. Schedule a free demo of Restaurant365 today. Ensure access to capital.

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Cash Management Point of Sale Inventory 2021 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! More peace of mind with Purchasing & Order Management.

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Waste Cash Management Online Ordering Inventory 88

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.

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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! Recipe management solutions are immensely helpful in catering to help maintain consistent flavor and retain those margins.

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Hospitality Seasonal Menu Front of House Social Media 155

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.

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Deliverect

DECEMBER 7, 2020

Some full-service restaurants managed to pivot and find a way to offer their multi-course meals for delivery. We are told that even when the pandemic has passed, nothing will be the same and we will all want a contactless experience, eliminating dirty cash and replacing handshakes with awkward elbow bumps.

Online Ordering 148

Online Ordering 2021 Delivery Ordering 148

Deliverect

DECEMBER 7, 2020

Some full-service restaurants managed to pivot and find a way to offer their multi-course meals for delivery. We are told that even when the pandemic has passed, nothing will be the same and we will all want a contactless experience, eliminating dirty cash and replacing handshakes with awkward elbow bumps.

Online Ordering 146

Online Ordering 2021 Delivery Ordering 146

MadMobile

JUNE 8, 2023

How will you manage your menu? What kind of reports do you need to manage your restaurant? Not only do tipping prompts provide a smooth transaction flow, but it also gives customers a convenient experience; there’s no need to pull out a calculator or dig for cash in your wallet or purse.

Small Business 52

Small Business POS Point of Sale Online Ordering 52

7 Shifts

SEPTEMBER 9, 2019

Charging Your Restaurant Employees Restaurateurs in New York cannot charge employees for “breakages, cash shortages, fines, losses to the business, [or] charges for check replacement.” which does not make it easy for managers to dismiss employees in bulk, since that’s when the lunch rush is). Tip Credit. and 2:00 p.m.

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Restaurant365

DECEMBER 20, 2021

Sharing information between teams shouldn’t require time-consuming communication to ensure accurate reporting, cost management, and forecasts. For instance, reviewing your CoGS report daily allows managers to adjust purchasing and usage on a more frequent basis. Conclusion.

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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.

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Cash Management Demo Food Point of Sale 60

Xtra Chef

APRIL 22, 2020

Mattenga’s Pizzeria now uses xtraCHEF to aggressively track and manage their food costs. Specifically, Sidewall is currently implementing xtraCHEF’s recipe management software to accurately cost out recipes and reconfigure their target profit margin for each menu item. xtraCHEF turns this nightmare into a dream. Even better?

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