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Restaurants Go Digital to Attract and Retain Talent

Modern Restaurant Management

To recruit new talent and alleviate strains on current staff, restaurant managers are looking for new ways to streamline their operations and enhance the employee experience. However, many have since discovered that digitizing their workforce operations empowers employees. Embracing Digital Transformation.

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A More Financially Stable Workforce Can Fuel Industry Recovery — Even in a Talent Crunch

Modern Restaurant Management

Recent restaurant closures, even temporary ones, help to underscore the importance of recruiting and retaining a staff. The vast majority of financially stable employees (87 percent) are likely to remain with their current employer for the next year, compared to only 58 percent of those who are financially unstable.

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8 Ways CFOs Can Help Restaurant Groups Through the Restaurant Reopening/Recovery

Restaurant365

However, many CFOs are still facing uncertainty, particularly from pandemic-related complications that are still challenging operations and restaurant profitability. Ultimately, managing your vendor relationships is an area of risk management. During 2020, you may have negotiated new terms with your vendors.

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7 Ways to Deal With the Labor Shortage in 2021

Touch Bistro

are trying everything and the kitchen sink to recruit and retain employees in the face of a labor shortage the likes of which this industry hasn’t seen in decades. million food service employees lost their jobs in 2020. Despite most restaurants having reopened after COVID-19 closures, the restaurant industry was still 1.5

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Looking to Grow your Restaurant Franchise In Saudi Arabia? Here are 10 Proven Strategies to Keep in Mind

The Restaurant Times

Evaluate cash flow for the first year and calculate the five-year-return to the franchise. Supply Chain Management. Vendor Management. Payouts and Commission Management. Managing the business of multiple Franchise Restaurants can be a daunting task. Cash Flow And Financial Projection. Initial setup cost.

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6 Expert Tips To Create An Effective Cafe Business Plan For The UK

The Restaurant Times

Management Team: This should include the list of stakeholders involved in the management of your cafe such as owner, manager, Head Chef, etc. Your cafe business plan must include a careful analysis of the various factors- regulatory and market-related changes – that might impact the running of your cafe.

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New Lawsuit Argues Tipped Minimum Wage Violates Workers’ Civil Rights

EATER

per hour — the lowest legal cash wage in the U.S. Melton also says she witnessed discrimination on the job — not only from customers but also from the store’s management. Even though Melton benefited financially from this practice, she spoke out about the inequity to the management. Jillian Melton was paid just $2.13