The Restaurant Times

SEPTEMBER 30, 2021

Consider the upfront cost of new equipment against the continuing expenditures of maintenance, upgrades, or modifications that a used alternative could incur over the first year or two. . Map out your route, your kitchen supplies, storage, equipment, and the number of staff you want. It allows you to spend less cash each month.

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Food Truck Food License Mobile Ordering 52

Restaurant365

APRIL 15, 2021

This data indicates the state of your restaurant’s financial health, and it can even help you and your managers understand where you can start improving profitability. If you have an integrated Point of Sale (POS) system, compiling data can be done automatically. The revenue calculation pulls from restaurant menu sales data.

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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. Budget for Equipment Repair.

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Point of Sale Email Marketing Cash Management Advertising 78

The Restaurant Times

AUGUST 5, 2022

In fact, accounting software in restaurants has seen a 21 percent rise in popularity since 2018, second only to POS technology and payment processing. Successful restaurant accounting can help in efficient cash management, balancing financial books, optimizing costs, and overall business planning. Automated Inventory Management.

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Cash Management Point of Sale Inventory Employee Relations 52

Modern Restaurant Management

MARCH 31, 2020

A few months back, several Tim Hortons locations were forced to shut down after a computer virus infected cash registers at more than 1000 stores. At around the same time, 160 Applebee’s restaurants found malware on POS systems. The malware was designed to steal customer names, credit card numbers, and verification codes.

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Website Management Retail Small Business Online Ordering 203

Modern Restaurant Management

MARCH 25, 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. These restaurants and businesses need a specialized insurance policy. The coverage sits excess of the driver's own insurance.

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Online Ordering Insurance Mobile Ordering Website Management 115

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. Global insurance brokerage Hub International , is responding tonumerous inquiries asking for more guidance through the Coronavirus crisis.

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Food Safety Kitchen Safety Small Business Employee Relations 234

Deliverect

MARCH 24, 2021

The ghost kitchen model is appealing to those who are strapped for cash and want to open a low-risk business with minimal overheads. But you should also consider that investment in kitchen tech, order management equipment, menu optimization , and the right team will massively improve your chances of success in the competitive delivery market.

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Food Truck Front of House Fine Dining Food Order 148

Lavu

JANUARY 21, 2020

A good accountant will help you in managing finances and producing key financial statements. With an automation tool like Sourcery , you can integrate the system into your restaurant management applications. This allows you to process, extract, and transfer data between the accounting system and your restaurant POS system. .

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Point of Sale Inventory Restaurant Law Front of House 78

The Food Corridor

MAY 7, 2020

A good example is distillers producing hand sanitizer during Covid-19 as they already have much of the equipment and access to ingredients needed to easily make the switch. Other considerations are driver insurance, rigorous hygiene guidelines, and offering contactless deliveries. Create an Online Store. More on that below.

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Delivery Food Online Ordering Email Marketing 98

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.

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Food Safety Mobile Ordering Online Ordering Kitchen Safety 210

Modern Restaurant Management

MARCH 11, 2020

US Foods Holding Corp.entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management, Inc. NYSE: APO) (the “Apollo Funds”) for $970 million in cash.

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Bar Cash Management Loyalty Program Point of Sale 154

EATER

NOVEMBER 1, 2021

There have already been calls to improve worker pay, and provide benefits like health insurance , child care , and sick leave. According to Andrea Cherng, chief brand officer at Panda Restaurant Group, which owns Panda Express, upgrading and automating the kitchen equipment makes things easier on employees, and more efficient.

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Kitchen Safety Fine Dining Front of House Back of House 145

Modern Restaurant Management

MAY 5, 2020

. “This pandemic has shed light on how technology can be used to quickly adapt core services within the food industry like delivery, fulfillment, and supply chains," said Lior Susan, Founder and Managing Partner at Eclipse. Delivery management has never been easier! ” Helping the Helpers.

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Guest Recovery Food Safety Loyalty Program Point of Sale 122