Culinary Cues

DECEMBER 17, 2020

There are short-term band aid solutions such as takeout, delivery, or even conversion into retail markets where wine inventories and local necessities take over space once occupied by diners, but they are not a replacement for a steady turn of tables. None, however, are as devastatingly out of the operators control as this pandemic.

Uniforms 471

Uniforms Cash Management Brewery Consumer Goods 471

7 Shifts

OCTOBER 31, 2022

When a plan is too wordy, it tends to turn off the reader and can actually prevent them from finishing,” Lauren Fernandez adds that the business plan should be more akin to a sales document, not an A-to-Z tactical roadmap. You can't start a restaurant without a plan. But it doesn't have to be overwhelming. Table of Contents. Download now.

Point of Sale 397

Point of Sale Back of House Document Download 397

Apicbase

MARCH 3, 2023

Although the point-of-sale system (POS) remains the technological heart of restaurants, numerous technologies run behind the scenes these days. These back-of-house software systems have become indispensable for modern restaurants because they enhance profitability and simplify work for restaurant managers and kitchen staff.

Point of Sale 52

Point of Sale POS Management Management 52

Modern Restaurant Management

JUNE 14, 2022

One study found that internal employee theft is responsible for 75 percent of inventory shortages and about 4 percent of restaurant sales. It’s also more prevalent than some restaurant owners and managers might want to believe. Implement a Point of Sale System. That totals between $3 and $6 billion annually.

Point of Sale 203

Point of Sale Kitchen Safety Back of House Inventory 203

Modern Restaurant Management

APRIL 5, 2022

The reasons for the accelerated growth of this idea, the contribution of POS to these kitchens, the display systems to make the operations easier, and the automated operations used in the inventory as well in the kitchen for easy food management- are some of the ideas that will be discussed in the following paragraphs.

Online Ordering 196

Online Ordering Point of Sale Website Management Inventory 196

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

7 Shifts

JULY 21, 2020

From small business loans to microgrants to business credit cards, cash is available; it just takes a bit of application work and a little know-how. Best for: Businesses who need cash to keep their doors open and their staff employed. And no money means mo' problems. At least 60% of the funds need to be used on direct payroll costs.

Cash Management 300

Cash Management Government Small Business Healthcare 300

BNG Point of Sale

JULY 15, 2018

Getting a point-of-sale system is one of the first pieces of equipment a restaurant owner debate spending money on when they are investing in a new establishment. Point-of-sale systems have the reputation of being an expensive piece of technology that rings up items and lets you process payments.

Point of Sale 66

Point of Sale Waste POS Cash Management 66

Clover - Restaurants

APRIL 23, 2024

For instance, depending on how successful the restaurant has been, you’ll inherit a customer base, trained staff, and the equipment and space you need to hit the ground running. An existing restaurant also has an established cash flow, as well as a system in place for managing inventory, staffing, and running the kitchen.

Point of Sale 52

Point of Sale Cash Management Franchise Franchising 52

Modern Restaurant Management

AUGUST 16, 2023

Gone are the days of cash-only transactions. With integrated point-of-sale (POS) systems, the entire dining process is streamlined, from when customers order to when they pay for their meals. Enhanced accuracy through minimized human errors in order processing and inventory tracking.

Loyalty Program 167

Loyalty Program Mobile Ordering Dietary Restrictions Point of Sale 167

7 Shifts

APRIL 3, 2020

Comparing 7shifts’ internal data of 10,000+ restaurants, restaurants are seeing an average weekly decrease in sales of 50% across the board in North America. Download all the data from your restaurant POS or back-office management platform to get a sense of how your restaurant is operating today.

BOH 368

BOH POS Influencer Point of Sale 368

Restaurant365

MARCH 10, 2022

With food costs running at approximately 30% or higher, learning importance of inventory management and how to prevent common mistakes is critical in successfully driving down costs and maximizing profits. First, let’s break down the two types of inventory costing, Actual and Theoretical. Theoretical Variance.

Inventory 78

Inventory Management Management Merchandise 78

Modern Restaurant Management

JANUARY 8, 2024

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour.

2024 215

2024 Loyalty Program Cash Management Customer Experience 215

Aaron Allen & Associates

MARCH 3, 2022

There are so many things to think about — from inventory management to restaurant payment and billing and more — it can be difficult to keep track of it all. That’s where restaurant management software comes in. In this roundup, we will take a look at some of the best restaurant management software out there.

Management 120

Management Management Mobile Ordering Point of Sale 120

Modern Restaurant Management

FEBRUARY 3, 2022

Seventy-four percent of full service restaurants (FSRs) managed to maintain or increase their sales during the pandemic; however, profit margins in 2021 declined to 10 percent, compared to 12 percent in 2019, according to third annual State of Full Service Restaurants Report released by TouchBistro.

Loyalty Program 194

Loyalty Program Online Ordering Cash Management Point of Sale 194

Modern Restaurant Management

SEPTEMBER 14, 2022

You are sitting in your favorite restaurant and have placed an order on a tablet at your table. After a few seconds of placing the order, a notification appears on your messaging app. Ding* ‘Your order is being prepared by Chef Bot 19 and will be delivered to your table in approximately 19 minutes. Let’s Start With the Why.

Front of House 211

Front of House Mobile Ordering Loyalty Program Back of House 211

Marketman

SEPTEMBER 1, 2019

You’re going to manage your very own restaurant. Managing a restaurant covers all aspects of the business, from inventory and purchasing to distributors and vendor payments , and you need to be prepared. Whether you purchase new or used, be sure they are equipped with automatic door closures. Prep your kitchen.

Equipment 66

Equipment Front of House Back of House Food 66

7 Shifts

DECEMBER 3, 2019

Step 2: Consult With Other Multi-Location Franchisees While all of your numbers and data may point to expanding your franchise, there are details and stories about expansion that numbers can’t always tell you. The people have spoken, and your restaurant franchise is a winner. Here are some of the questions you should ask yourself.

Franchise 368

Franchise Franchising Audits Point of Sale 368

BNG Point of Sale

SEPTEMBER 8, 2021

POS System Vs Cash Register: What’s The Difference? . A cash register, at its most basic level, is designed to record the transactions of sales that occur in a store.-for POS System Vs Cash Register . We also look at the reason many businesses and business managers are choosing the POS system. .

POS 52

POS Cash Management Point of Sale Loyalty Program 52

Modern Restaurant Management

MARCH 24, 2020

The modern restaurant point-of-sale (POS) system has grown beyond simply handling payments. Feature-rich mobile POS systems have evolved to processing orders, sending tickets to the kitchen, providing detailed reporting and offering thorough inventory and business management. The Evolution of POS.

POS 122

POS Cash Management Point of Sale Mobile Ordering 122

BNG Point of Sale

OCTOBER 13, 2021

A POS system for convenience stores is an invaluable asset and one of the most important business management tools for convenience store managers. Cash drawer. A POS speeds customer checkout at the cash register. Inventory and other administrative tasks are streamlined in the back office. Keyboard and mouse.

POS 52

POS Cash Management Point of Sale Equipment 52

The Restaurant Times

JUNE 3, 2020

With less capital expenditure, low initial setup costs, minimal staff, and equipment requirements, the dynamics of dark kitchens are more favorable than a dine-in facility. A restaurant makes a profit only when the sales exceed the expenses. . The formula for calculating profit is: Sales – (Labor + Food costs + Overhead).

Cash Management 88

Cash Management Point of Sale Front of House Equipment 88

Restaurant365

OCTOBER 22, 2021

There are many restaurant data points that can help you see beyond the buzz of the day-to-day of a restaurant and get a glimpse at the health of your business. How to calculate labor cost as a percentage of sales. Your total labor cost will change over time as sales levels fluctuate. How to calculate sales per labor hour (SPLH).

Point of Sale 78

Point of Sale Insurance Inventory Cash Management 78

BNG Point of Sale

OCTOBER 13, 2021

Types of Point-of-Sale (POS) Systems. Point-of Sale (POS) systems are increasingly powerful tools for improving sales and profits. They offer a wide range of hardware and software options to aid in everything from sales to management to accounting. Cash register/drawer. Touchscreen terminal.

POS 52

POS Loyalty Program Point of Sale Cash Management 52

Lavu

MARCH 2, 2020

Doing so helps managers and restaurant owners to make informed decisions and implement profitable strategies. The major functions of BI include data mining, reporting, analytics, online analytical processing, and business performance management. Help in determining your best-selling items and forecasting sales.

Cash Management 78

Cash Management Point of Sale Front of House Inventory 78

Marketman

SEPTEMBER 1, 2019

You’re going to manage your very own restaurant. Managing a restaurant covers all aspects of the business, from inventory and purchasing to distributors and vendor payments , and you need to be prepared. Whether you purchase new or used, be sure they are equipped with automatic door closures. Prep your kitchen.

Equipment 40

Equipment Front of House Back of House Food 40

Lavu

DECEMBER 12, 2022

If you’re looking for an affordable and simple way to process sales at your business, you can find everything you need in an iPad POS system. This guide will help you get the information you need to make an informed decision as you choose the right iPad point-of-sale system for your business.

POS 60

POS Point of Sale Mobile Ordering Cash Management 60

Restaurant365

JULY 29, 2021

The restaurant industry saw new trends like: Increased sales for take-out and delivery. Rise of ghost or virtual kitchens targeting delivery-only sales. While at some points of the restrictions, your restaurant may have looked to just get through, now is the time to grow restaurant profitability.

Cash Management 78

Cash Management Point of Sale Inventory 2021 78

The Restaurant Times

AUGUST 5, 2022

Successful restaurant accounting can help in efficient cash management, balancing financial books, optimizing costs, and overall business planning. Keeping track of your numbers and Key Performance Indicators (KPIs) will not only help you in taking timely action but also point out specific areas that need immediate improvement.

Cash Management 52

Cash Management Point of Sale Inventory Employee Relations 52

Lavu

JANUARY 21, 2020

Daily Sales Report/Everyday Report. One of the most important accounting reports that you should keep is the daily sales report (DSR). Every restaurant owner and manager needs to review this report on a daily basis to get a picture of how the restaurant is performing. Chart of Accounts (Weekly, Monthly, Yearly).

Cash Management 78

Cash Management Point of Sale Information Beverage 78

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. Collect data. How to create a restaurant budget.

Point of Sale 78

Point of Sale Email Marketing Cash Management Advertising 78

Lavu

DECEMBER 6, 2019

Particularly when it comes to restaurant management which requires knowledge of both front of house and back of house needs. POS stands for point of sale. In its most fundamental definition, a POS framework is a mix of POS equipment and POS programming to make a POS machine for preparing an exchange and installment.

Kitchen Safety 78

Kitchen Safety Social Media Point of Sale Front of House 78

Touch Bistro

JUNE 22, 2021

It can also provide insight into how you can adjust your spending to increase restaurant sales and reduce operating costs in your restaurant. At its most basic level, your P&L reflects costs (expenses) that are subtracted from restaurant sales and the cost of goods sold. Get Free Template. Restaurant Balance Sheets.

Management 52

Management Management Cash Management Point of Sale 52

Restaurant365

JUNE 26, 2020

With more than 30 years in the franchising business, C21 Group/BLCO Enterprises has grown into managing 29 KFC, Taco Bell and A&W franchise locations across Canada and parts of the U.S., Background. employing more than 700 people. “Patty Hernandez at R365 is probably the best implementation specialist that we’ve ever had.”

Franchise 148

Franchise Franchising Cash Management Demo 148

Restaurant365

SEPTEMBER 3, 2021

Restaurant owners, operators, and managers are constantly faced with decisions about accounting, operations, inventory, customer service, and staffing. To keep up in a fast-paced industry, restaurants might consider adding a new role, commonly called “profitability strategist,” to the management team.

Waste 78

Waste Cash Management Point of Sale Inventory 78

Lavu

JANUARY 15, 2020

You need funds to restock your inventory, pay your staff, obtain or renew permits, buy business assets, and replace your restaurant equipment. Regardless of the purpose, restaurant financing is vital to running a successful business and ensuring smooth cash flow. . Types of restaurant financing. Types of restaurant financing.

Cash Management 78

Cash Management Equipment Small Business Front of House 78

Lavu

JANUARY 21, 2020

A good accountant will help you in managing finances and producing key financial statements. Someone who understands specific restaurant accounting features like a chart of accounts, COGS, prime costs, daily sales, and more. . Preparing good meals and serving customers is always an exciting part of running a restaurant.

Point of Sale 78

Point of Sale Inventory Restaurant Law Front of House 78