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10 Cash Flow Management Best Practices for Restaurants

Lavu

No matter the size of your restaurant, one truth remains: cash flow is king. Restaurant cash flow management is the lifeblood of your business. Yet, while most small business owners know this truth, many still struggle with basic cash flow definitions, fundamentals, and management strategies that actually maximize benefits.

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5 Restaurant Types Perfectly Suited for Tableside Ordering Systems

Mad Mobile

Whatever the size of your operation, a tableside ordering system can help—it’s certainly not a tool for just large corporate restaurants. Implementing a tableside ordering system like CAKE from Mad Mobile can reshape how you run your business. Orders go directly from the server to the kitchen, reducing mistakes and miscommunications.

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What's the future for delivery and online ordering in 2021?

Deliverect

Some full-service restaurants managed to pivot and find a way to offer their multi-course meals for delivery. Technologies like digital menus, QR codes , contactless ordering, and payment at the table suddenly became the norm. What does the future look like for restaurant ordering and delivery tech? What’s in store for 2021?

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What's the future for delivery and online ordering in 2021?

Deliverect

Some full-service restaurants managed to pivot and find a way to offer their multi-course meals for delivery. Technologies like digital menus, QR codes , contactless ordering, and payment at the table suddenly became the norm. What does the future look like for restaurant ordering and delivery tech? What’s in store for 2021?

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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. Forecast by order mode.

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Successful Restaurant Accounting for Non-Accountants

Restaurant365

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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Considerations for Selling Restaurant Gift Cards during COVID-19

Xtra Chef

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. . They’ve gone digital!