Modern Restaurant Management

FEBRUARY 3, 2022

You’ll need to check for the specifics in your rental contract, but it’s usually the landlord’s responsibility to make sure that all insurances are in place when letting out premises to a business. Easier Money Management. Cash flow management is one of the biggest challenges when running a restaurant.

Restaurant Law 508

Restaurant Law Cash Management Insurance Seating 508

Modern Restaurant Management

JUNE 7, 2021

Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Cash has been king in attracting restaurant crews, but is it possible to use benefits as a differentiator? Circumstances change rapidly in the restaurant sector.

Employee Relations 305

Employee Relations Insurance Cash Management 2021 305

Modern Restaurant Management

AUGUST 5, 2020

and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. This year’s Neighborhood to Nation Contest will double the number of winners to award 20 prizes of $5,000 in cash along with a robust marketing package.

Food Safety 527

Food Safety Mobile Ordering Online Ordering Kitchen Safety 527

7 Shifts

NOVEMBER 22, 2021

Management Team : document your team and why they have the experience and expertise to make your restaurant a success. Include 5-year financial projections including an income statement, balance sheet and cash flow statement showing that your restaurant will be able to repay any loans with interest out of operating profits.

Document 393

Document Cash Management Small Business Take-out 393

Modern Restaurant Management

AUGUST 10, 2020

By keeping proper records, using collected and withheld funds for only their designated purpose, and working with competent tax professionals, restaurants can protect themselves against potentially costly sales and payroll tax assessments and, in more egregious situations, criminal prosecutions.

Audits 450

Audits Government Point of Sale Cash Management 450

7 Shifts

APRIL 23, 2021

The past year has turned servers into expert delivery packers, challenge chefs' creativity, and flipped the role of a restaurant manager on its head. When they put up a job ad, they don't think about it that way,” says Jack Hott, Senior Product Manager at Poached, a job board built for the restaurant industry. Use the STAR Method.

Hiring 370

Hiring Front of House Back of House Food Safety 370

Modern Restaurant Management

JANUARY 31, 2025

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of dramatic Valentine's Day shift, best food scenes, and the evolution of c-store foodservice. An analysis of insurance claims processed in 2024 compared to 2023 shows a 4.4 ” A Year of Challenges U.S. percent decrease in claims.

Marketing 221

Marketing Loyalty Program 2024 2025 221

7 Shifts

AUGUST 18, 2024

But the challenges don’t stop there—once open you have to focus on improving processes, managing labor schedules, and controlling restaurant costs. Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. This is only a guideline.

License 370

License Equipment POS Food Supply 370

7 Shifts

AUGUST 18, 2024

Specialty bars focus on a particular type of drink or theme, such as wine bars or cigar bars, but can be much more expensive to manage. Hiring a Strong Team You'll need a manager, bartenders, waiters, and security. Planning Your Menu Here are a few bar menu design tips : Your food should match the concept and theme.

Bar 370

Bar License Email Marketing Customer Service 370

7 Shifts

JULY 13, 2023

Restaurant transactions have been moving away from cash and towards electronic forms of payment for years—and that's extending to tips now too. Americans who leave their tips digitally tip nearly 15% more than when they tip with cash. However, more digital tips means less cash passing through the restaurant on a daily basis.

Cash Management 195

Cash Management Back of House Training Insurance 195

Modern Restaurant Management

APRIL 21, 2023

Because restaurants and bars can accumulate a large amount of cash during daily operations, they are attractive targets for criminal activity. Enact Smart Money Management Policies Even though debit and credit card payments are popular payment choices, restaurants and bars still ring up a fair number of cash transactions.

Bar 251

Bar Cash Management Employee Relations Tip Distribution 251

EATER

NOVEMBER 1, 2022

As restaurant owners search for solutions, many are turning to automation and other technology designed to replace humans as a silver bullet. And while digital payment systems increase tipping rates , it can be impossible to know how much of your tip will make it into the server’s hands, unlike with old-fashioned cash.

Mobile Ordering 331

Mobile Ordering Customer Service Food Order Online Ordering 331

7 Shifts

MAY 18, 2023

Leo Smigel To avoid these risks, many restaurants are turning to payroll providers like 7shifts Payroll that are specifically designed for the unique needs of the hospitality industry. Employees are typically subject to more oversight and are entitled to benefits like minimum wage, overtime pay, and workers' compensation insurance.

Restaurant Law 195

Restaurant Law Insurance Audits Cash Management 195

7 Shifts

MAY 15, 2023

Restaurant payroll is a system for calculating and managing the salaries of employees in a restaurant. Employers need to track hours, calculate wages, manage shift schedules , and maintain employee records. This schedule can be difficult to run manually for managers with more than a handful of employees.

2023 195

2023 Tip Distribution Audits Restaurant Law 195

7 Shifts

MAY 23, 2024

Managing a restaurant is not for the faint-hearted. A restaurant budget allows restaurant owners and managers to see directly if they are meeting their income and expense benchmarks. Promotes proactive decision-making Restaurant owners and managers must adapt quickly to be successful and retain their competitive advantage.

Point of Sale 221

Point of Sale Food Supply Seasonal Menu Employee Relations 221

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 Recycling Waste Inventory 78

7 Shifts

SEPTEMBER 16, 2024

The goal is to determine the total amount of cash flow that will be available to the new owner after accounting for these types of expenses. Profitability Showing consistent profits and positive cash flow can increase the perceived value of your restaurant.

2024 195

2024 Document Cash Management Point of Sale 195

7 Shifts

JULY 1, 2024

These start-up costs can range from the real estate payments you must make to the permits and licenses you need, the supplies you have to buy for your bar, the wages you need to pay your employees, and insurance. Will you get a discount if you pay for all the supplies you bought in cash? Payment terms: Can you pay in installments?

Bar 221

Bar License Food Supply Restaurant Law 221

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.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

Restaurant365

FEBRUARY 19, 2020

Non-controllable costs, like the fixed costs of rent, insurance, and salaries, are predictable expenses. Occupancy expenses: fixed costs like rent, property taxes, and insurance. Like accounting in other industries, restaurant accounting typically breaks down expenses into controllable and non-controllable costs.

Point of Sale 120

Point of Sale Cash Management Consumer Goods Inventory 120

The Restaurant Group

MARCH 11, 2024

Managing a restaurant involves so many moving parts, including sourcing high-quality ingredients, purchasing a seemingly endless list of supplies, managing staffing and scheduling, and budgeting for a profitable restaurant – all within a set budget. One example is our restaurant remote management service.

Management 78

Management Management Cash Management Insurance 78

Lavu

MAY 30, 2025

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. A cash discount program avoids credit card processing fees by rewarding customers for paying in cash. It allows both restaurants and customers to save.

Cash Management 78

Cash Management Online Ordering Waste Employee Relations 78

Harbor Touch

APRIL 17, 2018

Seems like a no-brainer but maintaining solid files, both physical and electronic, are critical to managing your restaurant. The business owner must deduct eight percent of employee’s sales for cash payments and rely on their POS system for credit card tips. It can be included in the cost of food or recorded separately.

Employee Relations 97

Employee Relations Insurance Point of Sale Cash Management 97

Lavu

NOVEMBER 8, 2019

As the owner or manager of a restaurant, when you’re aiming to grow profitability, accounting is an area where you need to be comfortable. It might be considered the most dreaded part of running your business, but to be profitable and to manage the money, there’s no way it can be avoided. Prime Cost. Restaurant Technology Solutions.

Management 101

Management Management Food Truck Cash Management 101

Restaurant365

MARCH 30, 2020

Expanding “off-premise” insurance coverage. Start with the following: Revisit your insurance policy. Your first step will be to call your insurance provider and inquire about on-premise versus off-premise coverage. Depending on your specific situation, expanding your insurance can add up very quickly.

Delivery 78

Delivery Operations Insurance Cash Management 78

Harbor Touch

NOVEMBER 21, 2022

Also, understand all the costs associated with opening a bar such as insurance, licenses, staffing costs , etc. The appealing atmosphere can include a welcoming interior design, cozy seating areas, appropriate music for your guests, and a well-stocked bar. When decorating your bar, consider what clientele you want to attract.

Bar 78

Bar License Restaurant Law POS 78

Harbor Touch

NOVEMBER 21, 2022

Also, understand all the costs associated with opening a bar such as insurance, licenses, staffing costs , etc. The appealing atmosphere can include a welcoming interior design, cozy seating areas, appropriate music for your guests, and a well-stocked bar. When decorating your bar, consider what clientele you want to attract.

Bar 78

Bar License Restaurant Law POS 78

Harbor Touch

NOVEMBER 21, 2022

Also, understand all the costs associated with opening a bar such as insurance, licenses, staffing costs , etc. The appealing atmosphere can include a welcoming interior design, cozy seating areas, appropriate music for your guests, and a well-stocked bar. When decorating your bar, consider what clientele you want to attract.

Bar 78

Bar License Restaurant Law POS 78

SpotOn

MARCH 25, 2024

Here, we'll discuss what you must consider when looking at the construction costs, equipment costs, interior design costs, and licenses and permits. An improperly designed restaurant could lead to a failed business. Interior design costs The design of your restaurant will connect guests to your concept.

License 52

License Insurance Point of Sale Equipment 52

Modern Restaurant Management

MARCH 11, 2025

From a legal perspective, Insurance : the pandemic highlighted the limitations of insurance policies. Several high-profile restaurant groups brought litigation against insurance companies for their coverage position, but were ultimately unsuccessful.

Mobile Ordering 418

Mobile Ordering Kitchen Safety Fine Dining Food Safety 418

The Restaurant Times

SEPTEMBER 30, 2021

To out-hustle the competition, the top food truck owners design and iterate unique menus, produce consistently high-quality cuisine, and work long hours – frequently late into the evening. It allows you to spend less cash each month. Insure your truck . 8 Things To Consider Before Starting Up A Food Truck. Source: LBB.

Food Truck 52

Food Truck Food License Mobile Ordering 52

BNG Point of Sale

AUGUST 19, 2021

How is a Profit and Loss System Designed? . Occupancy Expenses: These are fixed costs such as real estate (rent, or mortgages and property taxes) insurance, and utilities (I.e., You get a strong look at the biggest indicators for profit and how those elements are managed. A P&L usually consists of the following: .

Cash Management 52

Cash Management Point of Sale Inventory Food Truck 52

Touch Bistro

SEPTEMBER 21, 2021

Design and Layout: Provide an overview of your restaurant interior design and layout. Management and Ownership: Provide more information about yourself and the management team you’ve assembled for your new restaurant, highlighting any relevant experience that will aid in your success.

Document 52

Document License Download Insurance 52

Touch Bistro

APRIL 13, 2021

As you can imagine, payroll is a pretty important part of restaurant management and there is a lot of responsibility attached to proper compliance, including: The timely and accurate payment of employees Avoidance of fees, fines, and legal troubles Proper calculation of taxes Maintaining an accurate record of employee earnings.

Tip Distribution 54

Tip Distribution Employee Relations Restaurant Law Cash Management 54

Open for Business

DECEMBER 12, 2023

There are some distinct advantages to creating an LLC: all members (including you) are sheltered from liability; depending on the structure, either you have all of the authority, or all members have the right to help manage the business, and there is no limit to how many shareholders you can have in an LLC.

Back of House 78

Back of House Restaurant Law Small Business Email Marketing 78

OpenTable

JULY 8, 2022

Depending on the structure, either you have all of the authority, or all members have the right to help manage the business. The pro forma and the capital requirements budget will help determine how much working capital is needed based on when the restaurant is projected to generate positive cash flow. S Corp within an LLC.

Back of House 52

Back of House Front of House Restaurant Law Fine Dining 52

Modern Restaurant Management

JULY 27, 2020

Online services like web design and graphic design are also doing well during the pandemic as many businesses have shifted to remote work. "The Franklin Junction platform was designed to match excess kitchen capacity with concepts eager to grow their consumer reach" said Hashim. "In

Franchising 443

Franchising Franchise Mobile Ordering Kitchen Safety 443