Lavu

DECEMBER 12, 2022

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.

Cash Management 78

Cash Management Management Management Point of Sale 78

Hot Schedules

NOVEMBER 12, 2020

Top Five Supply Chain Management Tips. . Now is the time to review your supply chain to: Ensure supplier stability and confidence in their ability to meet your deadlines today. Below are top five tips to help you shape your supply chain in an ever-evolving environment. Streamline Your Supply Chain.

Supplies 78

Supplies Management Management Allergens 78

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.

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Restaurant365

DECEMBER 11, 2020

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

2021 Cash Management Management Management 136

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.

Point of Sale 148

Point of Sale Demo Cash Management Waste 148

Lavu

MAY 30, 2025

These are the fixed and variable expenses that keep your business running, from rent and utilities to staffing and supplies. You need to carefully manage your spending and reduce restaurant overhead costs whenever you can. You can cut these costs by offering a cash discount program.

Cash Management 78

Cash Management Online Ordering Waste Employee Relations 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

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

Restaurant365

MAY 25, 2022

The Great Resignation , food inflation , supply chain shortages, and more have caused automation to become a major advantage in streamlining operations for restaurant operators. Kiosks that only accept electronic payments remove the time and costs associated with handling cash. Schedule a free demo of Restaurant365 today.

Technology 78

Technology Mobile Ordering Social Media Online Ordering 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. Procurement management in a multi-unit or multi-concept environment. If you’re in the management division, this will help every new procurement officer hit the ground running.

Operations 98

Operations Inventory Point of Sale Food Order 98

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.

Cash Management 60

Cash Management Food Demo Point of Sale 60

Restaurant365

DECEMBER 20, 2021

Sharing information between teams shouldn’t require time-consuming communication to ensure accurate reporting, cost management, and forecasts. Your food cost or cost of goods sold (CoGS) may be increasing due to inflation and supply chain disruptions. Your labor cost may also be increasing, due to labor shortage issues.

Operations 78

Operations Leadership Point of Sale Cash Management 78

BNG Point of Sale

OCTOBER 13, 2021

Inventory Management Support. Owning a convenience store is a time-consuming business, and it’s easy to lose track of crucial inventory information and stock management. With access to real time data and inventory management, your POS can help you reduce inventory costs and out-of-stock merchandise, at no extra cost.

POS 52

POS Point of Sale Cash Management Customer Service 52

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 40

Management Management Cash Management Front of House 40

Margin Edge

JUNE 13, 2019

This article looks at some best practices in restaurant accounting and then offers some tips on helpful features of modern accounting systems – all from the perspective of owners and managers (no finance degree required!). Timing is Everything: Accrual vs Cash Reporting.

Cash Management 40

Cash Management Food Supply Small Business Information 40

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. By keeping stock levels in check, you can improve cash flow while minimizing the risks of spoilage and food waste.

Inventory 40

Inventory Food Safety Cash Management Waste 40

Mad Mobile

JUNE 7, 2024

Running a successful bar requires owners, managers, and employees to juggle multiple tasks at any given time. After all, these systems have come a long way from old-school cash registers. It tells us that low supply for an item will cause a surge in demand because consumers naturally value scarce goods more than abundant products.

POS 45

POS Bar Loyalty Program Point of Sale 45

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

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 Website Management Customer Experience 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

The Food Corridor

NOVEMBER 29, 2022

While pre-payment for monthly plans is a best practice for kitchen cash flow purposes, do what works best for your kitchen and clientele. You will also want to outline the types of payment methods you accept (checks, cash, credit card, automatic clearing house) and how the client can get the payment to you. When to clean it.

Equipment 52

Equipment Food Supply Book Kitchen Safety 52