7 Shifts

JULY 25, 2024

Diversifying your income sources can help offset rising costs and boost your overall profitability. You can then accept cash payments upon delivery, which is helpful for local restaurants with limited budgets. For instance, you could host multi-week series, single-session intensives, or even one-off demo-style events.

2024 243

2024 Loyalty Program Point of Sale Online Ordering 243

Rocket Fuel

MARCH 26, 2025

The Real Cost of Restaurant Losses Most operators are already keeping an eye on labor and food cost percentagesbut what about the hidden sources of loss? Food Cost Variance One of the most underestimated sources of loss is the Target vs Actual (TvA) gap. Discover how Detect can protect your margins Book a demo!

2025 52

2025 Cash Management Coaching Demo 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.

Franchising 148

Franchising Franchise Cash Management Demo 148

Lavu

JUNE 6, 2025

This guide breaks down 28 proven strategies that help cut unnecessary expenses, streamline operations, and boost profitability—whether you manage a small café or a multi-location chain. Discovering new ways to reduce costs in restaurant management can boost profits. Let’s dive into what really works in today’s competitive landscape.

Loyalty Program 78

Loyalty Program Waste Recycling Inventory 78

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

Bingage

OCTOBER 5, 2019

If all things and planning goes right, opening and managing a restaurant can be very fruitful, Here I am sharing a complete guide on how to make a new restaurant successful. Promotion of a new restaurant is one of the important tasks of the restaurant manager. Image Source. Strategical planning. Financial planning.

Loyalty Program 74

Loyalty Program Social Media Cash Management Seminar 74

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! Send it right to the source.

Waste 88

Waste Online Ordering Cash Management Mobile Ordering 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.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

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?

Inventory 78

Inventory Management Management Cash Management 78

Apicbase

JULY 16, 2024

That’s because, next to inventory management, F&B purchasing mistakes are the number #1 reason why operators struggle to get their food costs under control. And while you might be a natural at sourcing and vendor negotiations, if you don’t optimise your process from start to finish, those purchasing mistakes will keep piling on.

Operations 98

Operations Inventory Point of Sale Food Order 98

Restaurant365

JULY 29, 2021

Ultimately, managing your vendor relationships is an area of risk management. Your updated terms with vendors should include details about sourcing your inventory or negotiating any prepayment or updated credit lines. 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 2021 Inventory 78

Restaurant365

MARCH 11, 2021

So when it comes to your back office solution, maximizing performance is highly dependent on simplifying your restaurant management software as much as possible. With multiple management platforms that aren’t connected, you’ve added more overly complex pieces to your business. Recipe Management.

Management 17

Management Management Inventory Cash Management 17

Restaurant365

SEPTEMBER 24, 2020

All of the chain’s 34 locations are committed to not only a great tasting menu, but also serving seafood that is always responsibly sourced and sustainable. 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.

Cash Management 60

Cash Management Food Demo Point of Sale 60

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

Restaurant365

SEPTEMBER 30, 2019

Accidentally keying in a small AP mistake can lead to hours tracking down the source, and paper-based failed, duplicate, or late payments can impact your bottom line. Digitizing the AP workflow gets your management and accounting team away from the computer to do more strategic tasks. For more information, schedule a free demo today.

Audits 60

Audits Cash Management Mobile Ordering Point of Sale 60

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. These software capabilities alleviate some of the administrative tasks of running and managing a business. Business owners have many POS systems from which to choose. Touchscreen terminal.

POS 52

POS Loyalty Program Point of Sale Cash Management 52

Bingage

OCTOBER 5, 2019

If all things and planning goes right, opening and managing a restaurant can be very fruitful, Here I am sharing a complete guide on how to make a new restaurant successful. Promotion of a new restaurant is one of the important tasks of the restaurant manager. Image Source. Strategical planning. Financial planning.

Loyalty Program 40

Loyalty Program Social Media Cash Management Seminar 40

Margin Edge

OCTOBER 10, 2019

The upgrade solution lies in restaurant management software that streamlines routine invoice processing, replaces repetitive manual data entry and integrates with other systems like a POS system and accounting. With a restaurant management system, instead of guessing how your business is doing, you get a precise picture each day.

Cash Management 40

Cash Management Back of House Food Truck POS 40

Apicbase

APRIL 20, 2022

You will also need to estimate the expected growth rate for at least the first year of the franchise business, calculate the restaurant cash flow, and determine the payback period (the time it will take to cover the capital expenditure). We suggest focusing on your earnings before interest and taxes (EBIT) to estimate cash flow.

Franchise 52

Franchise Franchising Cash Management Kitchen Safety 52

Apicbase

MAY 18, 2022

Managing a chain of company-owned restaurants is very different from working with franchisees. Besides cost estimates, audited financial statements and projections should be included, like: the expected growth rate for (at least) the first year; the estimated restaurant cash flow; the expected payback period. 9 Be Open To Feedback.

Franchise 52

Franchise Franchising Sustainability Document 52

Modern Restaurant Management

JUNE 19, 2020

This singular focus has allowed Bloom to create a world class enterprise analytics and marketing platform that saves at-risk customers, builds and manages online reviews, while increasing customers’ frequency. Document Management & Search — Easily store, search, and access invoices from anywhere. Shake Shack Inc.

Food Safety 362

Food Safety Customer Experience Website Management Employee Relations 362

Black Box Intelligence

NOVEMBER 1, 2021

Sign up for a demo of Black Box Financial Intelligence. . Sign up for a demo of Black Box Financial Intelligence to compare your performance to your competition. Click here to sign up for a demo. . Span of Control for Multi-Unit Managers Increased in Full-Service Restaurants . restaurants. restaurants.

Fast Casual 98

Fast Casual Guest Recovery Fine Dining Point of Sale 98

7 Shifts

FEBRUARY 4, 2020

Additionally, employees cannot charge for cash register shortages or broken/damaged property. You may also want to utilize a break alerts software so managers and employees know when breaks should be taken, avoid fines, and prevent employees from feeling overworked. That’s where technology comes in to save the day.

Restaurant Law 369

Restaurant Law Employee Relations Article Cash Management 369