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

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

7 Shifts

NOVEMBER 18, 2022

More tip management resources. Passing part of this cost directly to tipping customers allows restaurants to retain more capital; it makes it easier to keep menu prices lower, hire additional staff , enable investments in your team, and expand your business. leaves a minimum cash wage of $5.76 ($10.88 - $5.12).

Cash Management

Modern Restaurant Management

AUGUST 19, 2020

Modern Restaurat Management (MRM) magazine is collaborating with the team at MarketScale on The Main Course , a podcast that aims to explore the intense and competitive modern restaurant industry. "We Barbara Castiglia , MODERATOR – Modern Restaurant Management. They both went through a management training program.

Kitchen Safety

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

Modern Restaurant Management

MAY 1, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features COVID-19 crisis statistics and surveys about third-party delivery, guest expectations, QSR reliance and more. The full report and methodology can be downloaded at InspirePRGroup.com. Yelp Economic Average. Third-Party Delivery Impact.

2020

Modern Restaurant Management

JULY 15, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features Grubhub's State of the Plate 2020 trend report, the fragility of "open," di g ital resilience and brand intimacy. China is by far the mobile payments leader with over half of consumers preferring mobile payment over cards and cash.

2020

7 Shifts

OCTOBER 20, 2022

Specifically, The DOL applied the updates to the amendments that occurred in 2018 in section 3(m) and other sections in the Fair Labor Standards Act: First, employers, supervisors, and managers cannot keep employee tips under any circumstances, even in a tip pool. Managers that have the authority to fire employees cannot be included.

Tip Distribution

Modern Restaurant Management

DECEMBER 12, 2019

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Nathan’s Famous, Inc, hired two industry veterans, Erik Mallon and Jim Hicks, to bolster its franchise sales and development teams. More Tropical in Colorado.

Franchise

Focus POS

AUGUST 26, 2020

It’s more crucial now than ever to manage pour costs effectively. . Download our free book: 6 Ways to Future-Proof Your Restaurant. To incentivize bar operators to order more in bulk, many will offer buy-in-bulk deals and specials on bulk orders, which can end up saving you significant cash. Hire T rustworthy P eople .

Management

Modern Restaurant Management

MAY 12, 2020

Contactless Order & Pay provides operators with a safe, contact-free solution for in-service experiences, helping them manage labor costs and keep their employees safe. Lead information, conversation history, and all other social engagements are easily managed across all locations in a single, centralized platform.

Mobile Ordering

Modern Restaurant Management

FEBRUARY 19, 2020

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. ” The company also hired Kelly Hopper as its new chief financial officer. “We have hired a talented team to help treat our guests to a wide variety of top quality food.

Franchise

Restaurant365

FEBRUARY 6, 2020

Your sales data can be used to help you automate parts of your inventory management system , updating inventory counts as food and drink items are sold. Integrating Your POS System with Your Restaurant Management Software. Managing the process of recording, approving and paying your vendors is both time consuming and error prone.

Point of Sale

Lavu

MAY 30, 2025

You need to carefully manage your spending and reduce restaurant overhead costs whenever you can. Most restaurants have regular overhead costs in the following categories: Rent Utilities Advertising Equipment costs Services fees Salaries Hiring and training Knowing your expenses is the first step to cutting expenses.

Cash Management

Black Box Intelligence

AUGUST 5, 2021

A competitive hiring landscape. To understand how your wages and labor costs compare to your competitors, both locally and by restaurant type, download our guide to restaurant benchmarking. . To reduce manager turnover rates at restaurants, it’s important to make them feel comfortable about the safety of the workplace as well.

Recruiting

Black Box Intelligence

AUGUST 5, 2021

A competitive hiring landscape. To understand how your wages and labor costs compare to your competitors, both locally and by restaurant type, download our guide to restaurant benchmarking. . To reduce manager turnover rates at restaurants, it’s important to make them feel comfortable about the safety of the workplace as well.

Recruiting

Gecko Hospitality

DECEMBER 15, 2022

In addition to overcoming generational gap biases, hiring managers must also consider the resistance of others to assimilate new recruits. Before hiring from various generational groups, it’s a good idea to have an understanding of them and their stereotypes. Hire for Personality and Attitude—Train for Skills.

Recruiting

Bar and Restaurant Coach

MARCH 2, 2020

In earlier posts, here and here , we talked about the importance of effective communication, and how owners and managers can create great alignment within their businesses to make sure the whole team is on the same page—pushing for the same goals. Download the Performance Improvement Template. The Actual Cost of Hiring a New Employee.

Coaching

Black Box Intelligence

MARCH 10, 2020

Download the infographic on the side bar. Workforce Intelligence clients can download the full report in their EFC’s. Restaurant companies held on to most of their managers. Of those employed back in January, on average 75% of restaurant managers remain actively employed today. Key Insights – May 6, 2020. .

Point of Sale

Black Box Intelligence

AUGUST 24, 2021

And part of the problem is that hiring and turnover were serious issues even before the pandemic. Download The Post-Pandemic Restaurant Employee: Who Wants to Work and Wh y. Finally, the hiring landscape is competitive right now, so it’s also important to evaluate your employer brand and compensation to make sure you stand out.

Guest Recovery

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

Cheetah

DECEMBER 2, 2021

A good system will also help staff manage their personal cash flow. Toast aims to be a one-stop-shop for all the digital needs of a restaurant, from the Point of Sale to the cash drawer. 7Shifts - Shift Management Powerhouse. 7Shifts focuses on everything related to restaurant shift management.

Cash Management

Cheetah

DECEMBER 1, 2021

A good system will also help staff manage their personal cash flow. Toast aims to be a one-stop-shop for all the digital needs of a restaurant, from the Point of Sale to the cash drawer. 7Shifts - Shift Management Powerhouse. 7Shifts focuses on everything related to restaurant shift management.

Cash Management

Modern Restaurant Management

DECEMBER 16, 2019

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the great gift of a restaurant gift card, learning about event professionals, top QSR traffic and digital ordering strategies. ” “The more moderate pace of consumption implies the softening in hiring and income growth should continue.

2019

Touch Bistro

JULY 18, 2021

Learn how to hire, train, schedule, and retain restaurant staff. Download Now. Gone are the days when you could just slap a hiring sign in your window and the talented masses would come to you. BONUS: If someone does cash in on the incentive, make sure the word spreads through the restaurant, too.

Back of House

Lavu

MARCH 11, 2020

Understanding Restaurant Management Software. Among the technology offered today is restaurant management software. . If you’re in the beginning stages of looking for a restaurant management system , you might have multiple questions or concerns. Why do you need restaurant management software?

Management

Touch Bistro

APRIL 7, 2021

Not only is it more expensive to hire new staff than to retain existing employees, but high turnover can also impact day-to-day workplace performance. Perhaps the most obvious impact of a high restaurant turnover rate is the cost of hiring new employees. Redefine your hiring strategy. It’s Expensive.

Employee Relations

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

The Restaurant Times

NOVEMBER 16, 2022

So, how do you cash in on this? FloorPlanner.com: This interactive floor plan builder is simple to use and helps you design floor layouts to scale that can then be downloaded. Another alternative is to hire a design firm to assist you in materializing your vision. Let’s see what you need to create a floor plan for bars.

Design

Apicbase

MAY 18, 2022

Managing a chain of company-owned restaurants is very different from working with franchisees. Free download. #2 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.

Franchise

Notch

MARCH 5, 2019

If guests have some complaints, it might be time to do some refresher training or to consider hiring more experienced, talented staff who align more with your restaurant’s mission and your guests’ expectations to be able to provide a superb overall experience. Ashley Reyes-Chung Sales Manager ChefHero.

Email Marketing

Touch Bistro

SEPTEMBER 21, 2021

DOWNLOAD THE ULTIMATE GUIDE TO WRITING A RESTAURANT BUSINESS PLAN. You can also follow along and start filling out your own business plan by downloading our restaurant business plan template. For instance, you might want to hire a PR team to drum up excitement ahead of your grand opening. DOWNLOAD GUIDE NOW.

Document

Apicbase

APRIL 20, 2022

Free download. 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). Manage group-wide menus from a centralised platform with performance dashboards.

Franchise

Modern Restaurant Management

JULY 7, 2020

Our team is thrilled to partner with BurgerFi’s senior management to support the numerous growth initiatives underway and to drive operational excellence.” million newly issued shares of the Company and $30 million in cash. Adam Marcus, Managing Director at PSG.? ’s stock price performance.

Mobile Ordering

Modern Restaurant Management

MAY 17, 2021

Click here to download the report. Early optimism is evident in a hiring spree led by restaurants & retailers expecting a major summer sales surge. In fact, hiring has reached a new high, as 88 percent of pre-COVID employees are back on the payroll. Staying Local.

2021

Modern Restaurant Management

AUGUST 28, 2020

in a management role at the Officers’ Club. Trabon, menu management and publishing solutions, and MenuTrinfo®, nutritional analyst and food allergen expert, have forged a strategic alliance that enables an end-to-end solution for the calculation and presentation of menu item nutrition facts and allergen declarations.

Allergens

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. Black businesses hire Black, create Black products, give to Black causes and pass down assets to Black families.”

Food Safety