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

Modern Restaurant Management

DECEMBER 21, 2022

Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. We will continue to evaluate tech solutions and find what best enhances the Fogo experience for both our guests and employees. For part one, click here.

2023 197

2023 Loyalty Program Mobile Ordering Customer Experience 197

Cheetah

DECEMBER 2, 2021

A good system will also help staff manage their personal cash flow. Review these top 5 tip pooling platforms to find the best one for your restaurant and POS system. Toast - Tipping within Your POS. Toast is one of the major players on the restaurant POS scene. 7Shifts - Shift Management Powerhouse.

Cash Management 78

Cash Management Restaurant Law POS Employee Relations 78

Cheetah

DECEMBER 1, 2021

A good system will also help staff manage their personal cash flow. Review these top 5 tip pooling platforms to find the best one for your restaurant and POS system. Toast - Tipping within Your POS. Toast is one of the major players on the restaurant POS scene. 7Shifts - Shift Management Powerhouse.

Cash Management 78

Cash Management Restaurant Law POS Employee Relations 78

Harbor Touch

NOVEMBER 21, 2022

Make sure you understand all the laws and regulations related to alcohol sales in your state. There may be special licenses or permits you will need in order to open your bar. It is important to research what type of licenses you need in order to serve alcohol in your bar. Fast and reliable POS system. Do your research.

Bar 78

Bar License Restaurant Law POS 78

Focus POS

JUNE 27, 2019

Restaurant management is a complex task requiring a delicate balance of managerial skills and software. We’ve put together a guide you can use to help you choose the best technology for your restaurant and how it can help you run a more profitable business: General Restaurant Management. » Set quality standards. Watch inventory.

Management 121

Management Management Franchise Franchising 121

The Restaurant Times

JUNE 1, 2022

Most people start a new restaurant based on their passion for food and hospitality. A restaurant accounting system keeps track of all essential restaurant financial transactions, makes a finalized report, collects tax-related information, and summarizes it all for you. . POS software can generate reports based on-.

Operations 52

Operations Cash Management Employee Relations POS 52

Lavu

MARCH 11, 2020

Understanding Restaurant Management Software. From the introduction of point of sale (POS) systems to accounting systems, technology is changing the ways restaurants operate today. Among the technology offered today is restaurant management software. . Why do you need restaurant management software?

Management 78

Management Management Cash Management Mobile Ordering 78

Lavu

MARCH 13, 2020

If your staff relies on outdated methods of placing orders, it’s likely that restaurant communications are strained, which means your restaurant is operating below its potential. Your team of employees can only do so much with what they’re given, so you might consider improving their modes of communication. Update to Mobile POS System.

FOH 78

FOH Mobile Ordering BOH Front of House 78

Modern Restaurant Management

MARCH 16, 2020

Due to the Covid-19 outbreak effect on the restaurant industry, Modern Restaurant Management (MRM) magazine is compiling a list of resources available for restaurant owners, operators and managers. To be added to this guide, reach out to Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. and Canada.

Food Safety 234

Food Safety Kitchen Safety Small Business Employee Relations 234

Focus POS

JUNE 2, 2020

It could be argued that the restaurant industry has been hit the hardest when it comes to stay-at-home orders and social distancing mandates; however, the resilience of the restaurant industry cannot be denied, and as restaurateurs shift their thinking from, “How am I going to survive?” we see the emergence of a few key themes. .

Technology 187

Technology Fine Dining Mobile Ordering Online Ordering 187

BNG Point of Sale

DECEMBER 6, 2021

You want something compatible with your type of business and has features that will help manage inventory, sales data, etc. S ometimes they are also referred to as cash registers or POS systems. S ometimes they are also referred to as cash registers or POS systems. What is a Point-of-sale System?

Point of Sale 52

Point of Sale POS Employee Relations Cash Management 52

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

Modern Restaurant Management

APRIL 14, 2020

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. This new site is a one-stop hub of critical information for restaurants, employees, customers and industry partners.

Online Ordering 212

Online Ordering Back of House Customer Service Small Business 212

Lavu

MARCH 27, 2020

The words “restaurant management system” rarely cause excitement. Food is fascinating, and dining out often leads to cherished memories, but a restaurant’s transaction system does not make it into those memories. There’s a reason there are millions of food photos on Instagram and just a few thousand of point of sale systems (POS).

Point of Sale 78

Point of Sale Front of House Mobile Ordering Back of House 78

Modern Restaurant Management

AUGUST 17, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features consumers' dining desires, the power of personalization and the untapped opportunity in localized marketing. Fatigued by cooking at home, consumers are anxious to dine at their favorite restaurants according to a new Oracle Food and Beverage study.

2020 197

2020 Loyalty Program Mobile Ordering Fast Casual 197

Apicbase

FEBRUARY 29, 2024

2023 has been a challenging year for restaurant operators, caught as they were between rising food costs and labour shortages. Food costs increased in 2023: according to one survey, 60% of operators reported that all or most suppliers raised their prices , up from 50% in 2022. trillion), while food-at-home spending grew by 10%.

2024 52

2024 Operations 2023 Loyalty Program 52

Deliverect

JUNE 30, 2020

Running a successful restaurant business isn’t just about preparing tasty food and serving it to your diners. Today’s consumer wants a unique, personalized food experience that may not even take place in your restaurant. The answer is food technology. Streamlining online food ordering with Deliverect.

Food 94

Food Online Ordering Cash Management Waste 94

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

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

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. Helping operations identify and correct food cost inefficiencies.

Operations 78

Operations Leadership Point of Sale Cash Management 78

Lavu

JANUARY 21, 2020

This includes communication of financial statements like income statements, balance sheets, and cash flow. The process allows restaurant owners and managers to document all financial transactions of the business and determine how well it is performing. Better Financial Management. Better Tracking of Cash Flows.

Cash Management 78

Cash Management Point of Sale Inventory Information 78

Touch Bistro

MARCH 23, 2021

Restaurant accounting and tax specialists have navigated many operators through millions of dollars in relief and helped them become cash flow positive through the pandemic. This article will also cover: Important restaurant tax deadlines for 2021 5 steps you need to take to increase cash flow during tax season. more on this here ).

2021 52

2021 Cash Management Employee Relations 2020 52

Restaurant365

JULY 29, 2021

However, many CFOs are still facing uncertainty, particularly from pandemic-related complications that are still challenging operations and restaurant profitability. Use of automation and self-service for both in-store ordering and drive-thrus. Ultimately, managing your vendor relationships is an area of risk management.

Cash Management 78

Cash Management Point of Sale Inventory 2021 78

Modern Restaurant Management

JANUARY 12, 2022

This edition of MRM Research Roundup features evolving guest relationships, views on restauarant tech, employee desires and wedding trends. Investment in delivery and mobile ordering pays off. According to this year's survey, restaurant operators' early investment in delivery and mobile ordering has paid off in a big way.

2022 215

2022 Mobile Ordering Guest Recovery Point of Sale 215

Clover - Restaurants

MAY 3, 2024

Recent surveys confirm the importance of cleaning and sanitizing in food industry establishments for building customer confidence and in influencing diner choice. City and state health departments monitor local restaurants to ensure they’re following food safety management program guidelines.

Kitchen Safety 52

Kitchen Safety Food Safety Food Food Supply 52

Touch Bistro

APRIL 13, 2021

You can’t run a restaurant without employees, which means processing restaurant payroll is an integral part of running a food service business. This means that it’s essential to familiarize yourself with the basic payroll concepts and regulations in order to avoid costly errors. Accurate Employee Information.

Tip Distribution 54

Tip Distribution Employee Relations Restaurant Law Cash Management 54

Apicbase

JUNE 16, 2023

In practice, however, successfully managing a group of busy restaurants is an awfully tough undertaking. The metrics and calculations in this list will help you bring order to the chaos and manage the performance of each unit in the chain. In theory, it sounds easy. Why Are Metrics Important?

Point of Sale 52

Point of Sale Inventory Waste Employee Relations 52

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. 5 Concepts of Restaurant Accounting.

Management 85

Management Management Food Truck Cash Management 85

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. State of the Plate 2020 – top foods across various cities. Top Foods of 2020. Financial Trends Insights.

2020 195

2020 Mobile Ordering Point of Sale Fast Casual 195

iTab POS

NOVEMBER 8, 2018

In such circumstances, your ability to run business operations without reducing the quality of food and service can be the difference between failure and success. When you run a cash-only restaurant, you limit the payment options of your customers, which has a direct effect on your earning potential.

Cash Management 40

Cash Management Mobile Ordering POS Point of Sale 40

Restaurant365

OCTOBER 14, 2020

Balancing cash flow month to month, let alone year to year, can be difficult for the ever-changing restaurant industry. As a restaurant owner or manager, you can use a budget to understand your income and expenses, and at what levels you will profit, break even, or operate at a loss. And yet, in times of uncertainty, like the COVID-19.

Point of Sale 78

Point of Sale Email Marketing Cash Management Advertising 78

7 Shifts

AUGUST 24, 2022

A rise in third-party ordering and delivery coupled with mobile ordering and contactless pickup means fewer and fewer guests are even making their way to a counter where they can consider leaving a tip. And for those who do show up in-person at a quick-serve restaurant , they're paying in cash less than one-third of the time.

Cash Management 370

Cash Management Mobile Ordering POS Customer Service 370

Harbor Touch

OCTOBER 29, 2018

However, they can either improve the existing service or food preparation process; or as well borrow from other industries or be invented in the years to come. These robots would likely take on streamlining payment orders, maintenance practices, self-diagnosing devices which report and maintain matters related to managing culinary activities.

Technology 60

Technology Mobile Ordering Transportation Customer Service 60

Modern Restaurant Management

FEBRUARY 4, 2020

PPX Hospitality Brands will manage two restaurant groups headquartered in metro Boston, the aforementioned Smith & Wollensky, and The Strega Group, a collection of Italian chophouses recently acquired from the Varano Group. Danu Partners, the Irish investment firm that owns Boston-based Smith & Wollensky Restaurant Group, Inc.,

Online Ordering 122

Online Ordering Hospitality Leadership Design 122

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. in-restaurant dining and online ordering for pickup or delivery), which can be leveraged to drive highly customized campaigns using a built-in marketing solution.

Food Safety 210

Food Safety Mobile Ordering Online Ordering Kitchen Safety 210

Modern Restaurant Management

NOVEMBER 14, 2019

This evolution includes the introduction of a new smaller 3,000-7,000-square foot footprint, more tech-savvy concept that features a bar-centric atmosphere, tabletop ordering, kiosks and new appetizer items with 5-10 units in the works currently set to open in 2020. Modern Restaurant Management (MRM) magazine quizzed Anderson and Sr.

Advertising 144

Advertising Social Media Loyalty Program Technology 144