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. Create a restaurant budget.

Cash Management 97

Cash Management Management Management Small Business 97

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.

Cash Management 97

Cash Management Seasonal Menu Inventory Email Marketing 97

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. .

Cash Management 110

Cash Management Back of House Demo POS 110

Mad Mobile

MAY 22, 2024

However, some owners don’t realize they can leverage their bar POS data to make smarter table management decisions. Managing a bar comes with unique challenges. By analyzing daily data, you can identify whether your ordering process is taking too long, bartenders aren’t getting drinks out quickly, or slow payments are to blame.

POS 40

POS Bar Mobile Ordering Customer Service 40

Deliverect

DECEMBER 7, 2020

Some full-service restaurants managed to pivot and find a way to offer their multi-course meals for delivery. Now that the dust has somewhat settled, let’s take a look at what the future holds in 2021. But they also see a decline from 2019 numbers, saying that it will take a few years to return to pre-pandemic numbers.

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. Now that the dust has somewhat settled, let’s take a look at what the future holds in 2021. But they also see a decline from 2019 numbers, saying that it will take a few years to return to pre-pandemic numbers.

Online Ordering 146

Online Ordering 2021 Delivery Ordering 146

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., ” She also takes advantage of R365 for controlling costs. ” She also takes advantage of R365 for controlling costs. Background.

Franchise 148

Franchise Franchising Cash Management Demo 148

Lavu

DECEMBER 12, 2022

There are multiple POS systems out there, each with their own range of features and abilities that could or could not be a good fit for your business. 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.

POS 60

POS Point of Sale Mobile Ordering Cash Management 60

Restaurant365

JULY 29, 2021

The restaurant industry saw new trends like: Increased sales for take-out and delivery. Companies needed to evolve and innovate to survive the restaurant restrictions and shutdowns, but this has left surviving businesses primed to take on new opportunities. Few areas of restaurant operations were immune from changes.

Cash Management 78

Cash Management Point of Sale Inventory 2021 78

Xtra Chef

APRIL 22, 2020

If you have successfully been able to adapt your business to keep your doors open, or even were able to utilize small business assistance programs, it’s likely that you’ve already had your eye on coming out of the other side of the COVID-19 outbreak strong. Take advantage of the rare commodity of time. Even better?

Cash Management 80

Cash Management Back of House Inventory Seating 80

Mad Mobile

FEBRUARY 13, 2024

While you spent hours learning the ins and outs of your iPad-based POS , you didn’t give your crew enough time to master the new system. Not only can they transmit orders directly to the bar or kitchen, but they can also take payments at the table. Of that time, 25% is spent taking an order and 19% taking payment.

POS 40

POS Training Management Management 40

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. Counting weekly paints an accurate picture of how you are using your product and enables you to take action to correct problems.

Inventory 78

Inventory Management Management Merchandise 78

7 Shifts

SEPTEMBER 9, 2019

If an employee withholds tips from the tip pool, employers are not liable to make up the amount lost to an employee who missed out as a result. a four hour shift), take a two hour break between 3 and 5 p.m., which does not make it easy for managers to dismiss employees in bulk, since that’s when the lunch rush is). Tip Credit.

Restaurant Law 283

Restaurant Law Cash Management Article Uniforms 283

Hot Schedules

NOVEMBER 12, 2020

Top Five Supply Chain Management Tips. . As business levels continue to fluctuate since early Spring, it is important to keep stock levels to a minimum to preserve cash and minimize waste. To find out how to cut costs, not corners, to effectively manage your supply chain check out our procurement and inventory guide.

Supplies 78

Supplies Management Management Allergens 78

MadMobile

JUNE 8, 2023

How will you manage your menu? What kind of reports do you need to manage your restaurant? Making sure it’s easy to take orders and payments on the go will be extremely helpful to both your staff and customers. Mobile POS systems empower your staff to take more orders efficiency, helping maximize labor and service.

Small Business 52

Small Business POS Point of Sale Online Ordering 52

Restaurant365

JULY 29, 2020

Knowing how to leverage restaurant reporting tools is one of the most effective measures you can take to better understand your business’ real time financial health. cash, credit card, contactless). Ask for a free demo today. How to forecast your restaurant’s recovery. Forecasting by revenue center.

Cash Management 88

Cash Management Online Ordering Inventory Seasonal Menu 88

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.

Hospitality 155

Hospitality Seasonal Menu Front of House Social Media 155

Restaurant365

JULY 29, 2020

Knowing how to leverage restaurant reporting tools is one of the most effective measures you can take to better understand your business’ real time financial health. cash, credit card, contactless). Ask for a free demo today. How to forecast your restaurant’s recovery. Forecasting by revenue center.

Cash Management 78

Cash Management Online Ordering Inventory Seasonal Menu 78

Restaurant365

JUNE 2, 2020

You can’t run a restaurant without employees, which means that processing payroll is an essential task for restaurant owners, operators, and managers. When you have restaurants in multiple states and cities, the difficulties of managing your payroll are multiplied. What percentage of sales should payroll be?

Tip Distribution 109

Tip Distribution Restaurant Law Cash Management Front of House 109

Restaurant365

DECEMBER 20, 2021

Restaurant accounting teams can help connect operating and financial data at the store level, as well as zoom out to examine big-picture revenue and costs. Sharing information between teams shouldn’t require time-consuming communication to ensure accurate reporting, cost management, and forecasts.

Operations 78

Operations Leadership Point of Sale Cash Management 78

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. In this article, we take a closer look at each type of device and software and explain which features are helpful for a range of business types. Cash register/drawer. Touchscreen terminal. Barcode scanner.

POS 52

POS Loyalty Program Point of Sale Cash Management 52

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. When you think about the turnover cost, it’s critical to hire the right employees out of the gate.

Hiring 78

Hiring Cash Management Insurance Communication 78

Restaurant365

SEPTEMBER 3, 2021

Restaurant owners, operators, and managers are constantly faced with decisions about accounting, operations, inventory, customer service, and staffing. To keep up in a fast-paced industry, restaurants might consider adding a new role, commonly called “profitability strategist,” to the management team.

Waste 78

Waste Cash Management Point of Sale Inventory 78

Restaurant365

JUNE 9, 2021

Tracking BOH and FOH data can help you root out issues and discover potential solutions. And once you start to implement different changes, you can track your progress with data and find out what’s working. Or the new diner may check out your social media or an affiliate network. What’s the value of a customer?

FOH 78

FOH BOH Front of House Back of House 78

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

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.

Management 52

Management Management Cash Management Inventory 52

The Food Corridor

NOVEMBER 29, 2022

Check out the Shared Kitchen Operations Manual for over 107 pages of customizable policies, templates, forms, and guidelines. There is a lot to think through and many possible situations to parse out. Define if checks or cash should be mailed or dropped off, when a payment is considered late, and what the late fee is.

Equipment 52

Equipment Food Supply Book Kitchen Safety 52

Restaurant365

OCTOBER 8, 2021

Without the need to build out an expensive front-of-house presence, kitchens can get up and running faster and at a lower cost. If you are using a shared or commissary ghost kitchen, where you can rent space in a commercial kitchen that has already been built out, you can eliminate many startup building expenses.

Front of House 78

Front of House Back of House Website Management Delivery 78

Restaurant365

JUNE 17, 2020

Known as intraday polling, this technology enables restaurant managers to make hourly Labor decisions based on the amount of current sales each day to reach optimal labor performance. To control your labor costs in the long-term, consider taking advantage of tools like sales forecasts. 5 ways to reduce payroll costs.

Tip Distribution 78

Tip Distribution Point of Sale Employee Relations Restaurant Law 78

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?

Management 52

Management Management Coaching Cash Management 52

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

Web Diner

AUGUST 5, 2020

While Chick-fil-A stood out in regards to its pricing structure, other QSR giants are also marking up the delivery menus. Restaurants couldn’t fall back on in-house dining for cash flow and look at delivery as an investment into brand awareness. The delivery menu is on average 29.8% more expensive than the pick-up menu.

Delivery 57

Delivery Pricing Fast Casual Online Ordering 57

7 Shifts

JANUARY 10, 2024

Restaurant management systems have evolved rapidly over the past couple of decades. They can take orders on iPads and process transactions via handheld POS devices. Table of Contents What is a restaurant management system? How does a restaurant management system work? How does a restaurant management system work?

Management 195

Management Management Point of Sale POS 195

7 Shifts

JANUARY 10, 2024

Restaurant management systems have evolved rapidly over the past couple of decades. They can take orders on iPads and process transactions via handheld POS devices. Table of Contents What is a restaurant management system? How does a restaurant management system work? How does a restaurant management system work?

Management 195

Management Management Point of Sale POS 195

EATER

JANUARY 5, 2022

At the Food on Demand conference in Las Vegas, the food service industry laid out its vision for a future in which customers never have to wait. Andy Rebhun, SVP digital and marketing officer for El Pollo Loco, noted during the drone demo that “I really don’t feel like customers should have to travel to pick up their food.”

Food 144

Food Mobile Ordering Online Ordering Food Order 144

Web Diner

AUGUST 5, 2020

While Chick-fil-A stood out in regards to its pricing structure, other QSR giants are also marking up the delivery menus. Restaurants couldn’t fall back on in-house dining for cash flow and look at delivery as an investment into brand awareness. The delivery menu is on average 29.8% more expensive than the pick-up menu.

Delivery 36

Delivery Pricing Fast Casual Online Ordering 36

Restaurant365

OCTOBER 31, 2019

For example, both inventory management and recipe costing were time-consuming and error-prone processes that failed to give the accurate insight necessary to succeed in an industry with tight margins. But with our broader menu, I needed a better way to manage my in-house recipes, track food yields, and control costs.

Demo 17

Demo Cash Management Back of House Inventory 17