7 Shifts

JANUARY 23, 2020

This advice were submitted by owners and managers of restaurants of all sizes, concepts, and locations in the forthcoming 7shifts Restaurant Labor Management Study in 2020 ( subscribe to get your copy when it’s published!). Thoroughly research restaurant costs (operational, labor, equipment, etc.)—both Manager, Mercato Italiano.

2020 335

2020 Hiring Cash Management Education 335

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. This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits.

2024 214

2024 Loyalty Program Cash Management Customer Experience 214

Modern Restaurant Management

MARCH 1, 2023

Is your restaurant up to speed with the latest best practices for back of house (BOH) management? So, which back of office trends should restaurant ownership and management be concerned with heading into 2023? They include restaurant management tips for cutting costs, decreasing food waste, and much more.

Front of House 170

Front of House BOH Back of House 2023 170

7 Shifts

APRIL 3, 2020

Download all the data from your restaurant POS or back-office management platform to get a sense of how your restaurant is operating today. Equipment & supplies The equipment that makes up your restaurant typically runs into the hundreds of thousands to maintain and operate. You might be thinking “what about my providers?”

BOH 368

BOH POS Influencer Point of Sale 368

7 Shifts

DECEMBER 3, 2019

Step 6: Source Capital Finding and securing capital isn’t always easy, though with your business plan and the recognition of your franchise’s brand, you may have an easier time than starting a completely new brand. Looking for a new source of capital this time around?

Franchise 368

Franchise Franchising Audits Point of Sale 368

7 Shifts

OCTOBER 31, 2022

The management team. Management team. Source: Toast. Talk about the details of the back-of-house in your restaurant, such as the commercial kitchen equipment your cooks and chefs will be wielding during their shifts and what the kitchen layout and workflow will be. You may want to list out: Team Management.

Point of Sale 397

Point of Sale Back of House Document Download 397

7 Shifts

SEPTEMBER 20, 2021

Delivery, scheduling, inventory management, reservations, and guest management have seen technological advancements over the past few years, and it's just the beginning. Use order information with inventory management software for smarter purchasing. Restaurant Task Management. Restaurant Inventory Management Software.

Technology 370

Technology Front of House Social Media Back of House 370

Cheetah

NOVEMBER 4, 2021

Ensuring you get what they are rightfully entitled to from their 3rd-party delivery app will help restaurant operators price dishes better, forecast cash flow and manage supply stock levels. But is the business equipped to manage the incoming flow of customers? Insisting on these is not just a question of transparency.

Delivery 148

Delivery Cash Management Restaurant Law Mobile Ordering 148

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. Forecast The cash flow . With a cash flow forecast, you can gain insights about how to manage your cash flow better.

Cash Management 88

Cash Management Point of Sale Front of House Equipment 88

Lavu

JANUARY 15, 2020

Before the challenge of making a profit, you also have to identify sources of financing. You need funds to restock your inventory, pay your staff, obtain or renew permits, buy business assets, and replace your restaurant equipment. Simply put, restaurant financing is the money loaned, borrowed, or sourced from an external party.

Cash Management 78

Cash Management Equipment Small Business Front of House 78

Restaurant365

JUNE 9, 2020

By generating a budget for your controllable costs , you can create a clearer path for your cash to move. Assessing this movement by ensuring that the budget is maintained and that invoices are entered daily will help you better manage your cash flow each month. Manage your cash flow. One of these costs is labor.

Cash Management 97

Cash Management Management Management Small Business 97

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 192

Loyalty Program Online Ordering Cash Management Point of Sale 192

The Rail

MAY 1, 2023

It is important to take note of all the expenses needed to start a business, such as the cooking equipment, raw cooking materials, marketing costs, skilled staff, delivery personnel , etc. Based on the above decisions, the necessary equipment can be procured. For example, cooking Chinese food requires woks, ladles, sauces, oils, etc.

Cash Management 59

Cash Management Mobile Ordering Online Ordering Customer Service 59

The Restaurant Times

APRIL 18, 2021

Starting up your restaurant involves several aspects that need to be given significant attention, such as hiring employees, buying kitchen equipment, hiring chefs, and setting up the décor and furniture in your restaurant. This is because new appliances and equipment don’t need frequent repairs and are even designed to consume less energy.

Cash Management 52

Cash Management Social Media Email Marketing Equipment 52

Bingage

MAY 28, 2020

People think that food from outside can cause of spreading the virus, However, According to a report by WHO, Cooked food is not a source of COVID-19. Develop a procedure to manage cash and credits transaction, if possible go for contactless payments prefer online transaction instead of cash.

Delivery 98

Delivery Online Ordering Kitchen Safety Employee Relations 98

Sling

JULY 1, 2023

5) Pick a great location When you’ve got cash in hand, it’s time to take the next step and find the spot that will soon turn into your restaurant. However, remember that you’ll need to source all of the ingredients and equipment required for each menu item. Keep it simple, at least at first.

Fine Dining 78

Fine Dining Cash Management Restaurant Law Consumer Goods 78

Sling

JUNE 8, 2020

When you think about it, creating a business budget is probably one of the least exciting responsibilities of being a manager or an owner. In this article, the management experts at Sling discuss budgeting 101 and give you tips on how to build a business budget for your company, regardless of size. Equipment will break down.

Small Business 109

Small Business Cash Management Uniforms Tip Distribution 109

Lavu

FEBRUARY 24, 2020

Apart from accepting cash and card payments, mobile payments have grown to be the next big thing. They can use their phones to store credit and debit cards, and reward cards as digital cards for paying through online apps or at physical cash registers. You do not need to have physical cards or cash to make payments. .

Mobile Ordering 78

Mobile Ordering Cash Management Point of Sale Online Ordering 78

Cheetah

DECEMBER 14, 2021

For restaurant operators, shifting to plant-based ‘cash-cows’ not only makes economic sense, but it has never been easier. And if a restaurant is making its own pastries, the wages of a specialized pastry chef and modern equipment start to add up. Reading Time: 5 minutes. Vegan Desserts Trend Takes Off.

Food Supply 148

Food Supply Seasonal Menu Cash Management Pricing 148

The Restaurant Times

JANUARY 31, 2022

Yes, you can enrol in restaurant management classes or attend culinary school. The more experience a restaurant consultant has, the better equipped they will be to handle potential issues, and the more probable you will be able to launch your restaurant without difficulty. Source: Vocal Media. Experience .

Cash Management 52

Cash Management Kitchen Safety Point of Sale Hiring 52

Restaurant365

JULY 29, 2021

Ultimately, managing your vendor relationships is an area of risk management. Your updated terms with vendors should include details about sourcing your inventory or negotiating any prepayment or updated credit lines. Your managers are also likely spending a lot of their limited time trying to fill gaps in staff roles.

Cash Management 78

Cash Management Point of Sale Inventory Loyalty Program 78

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., She found that QuickBooks wasn’t able to track the age of equipment and how often repairs were happening. Background.

Franchise 148

Franchise Franchising Cash Management Demo 148

The Restaurant Times

SEPTEMBER 30, 2021

Source: Ixigo. 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. Talk To The Professionals .

Food Truck 52

Food Truck Food License Mobile Ordering 52

BNG Point of Sale

OCTOBER 13, 2021

They offer a wide range of hardware and software options to aid in everything from sales to management to accounting. Cash register/drawer. These software capabilities alleviate some of the administrative tasks of running and managing a business. Business owners have many POS systems from which to choose. Touchscreen terminal.

POS 52

POS Loyalty Program Point of Sale Cash Management 52

Modern Restaurant Management

DECEMBER 16, 2021

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their views on trends. With more options to work outside of the hospitality industry, operators must offer employees more scheduling flexibility, facilitate transparent communication between management and team members, and avoid overworking staff.

2022 179

2022 Food Supply Back of House Kitchen Safety 179

Modern Restaurant Management

FEBRUARY 4, 2022

This instability will push operators to trim costs by shortening menus and investing in labor-saving technology to free up cash for wage increases. A short menu can slim down the food costs through streamlined inventory management, as well as reduced food waste. Sourcing ingredients locally or from all-natural farms.

2022 217

2022 Customer Service Online Ordering Website Management 217

Ken Burgin

FEBRUARY 15, 2022

The best way to manage this paradox is to have some supplier tips and tools up your sleeve – here are some suggestions. The primary source of tension between a hospitality business and a supplier is a difference in cash flow. Sometimes, vendors act like a business partner, tipping you off to new products and trends.

Beverage 68

Beverage Tip Distribution Seasonal Menu Food 68

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. " – John Oakes, Revenue Management Solutions CEO. Slow movers tie up inventory -and the cash needed to by that inventory. For part one, click here.

2023 195

2023 Loyalty Program Mobile Ordering Customer Experience 195

Buzztime Business

MAY 1, 2023

Look at a product like Buzztime Streaming where you are able to use your own device to play trivia Step 3) Decide on a Host and Question Source Now that you know when your event will be, and the type of bar trivia format you’ll use, the third step is to select a host and source for questions. What are you waiting for?

Bar 78

Bar Events Email Marketing Social Media 78

Buzztime Business

MAY 1, 2023

Look at a product like Buzztime Streaming where you are able to use your own device to play trivia Step 3) Decide on a Host and Question Source Now that you know when your event will be, and the type of bar trivia format you’ll use, the third step is to select a host and source for questions. What are you waiting for?

Bar 78

Bar Events Email Marketing Social Media 78

Buzztime Business

MAY 1, 2023

Look at a product like Buzztime Streaming where you are able to use your own device to play trivia Step 3) Decide on a Host and Question Source Now that you know when your event will be, and the type of bar trivia format you’ll use, the third step is to select a host and source for questions. What are you waiting for?

Bar 78

Bar Events Email Marketing Social Media 78

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. Unpatched security vulnerabilities are still the most frequent source of security holes for small businesses. Prepare For The Worst.

Website Management 203

Website Management Retail Small Business Online Ordering 203

Perfect Daily Grind

JUNE 20, 2022

In the case of virtual auctions, roasters request coffee samples before placing their bids, which are then managed remotely via a dedicated digital platform. Justin Mool is the Auction & Web Manager at Grounds for Health. This includes staff and organisational costs, training, community education, equipment, and more.

Supplies 117

Supplies Cash Management Article 2022 117

The Restaurant Times

OCTOBER 28, 2021

In the restaurant industry, effective capacity management is critical to success which depends largely on how well you can control the traffic. As a restaurant owner, you cannot let your customers wait in line for hours and hours or pressure staff to somehow manage customer expectations. Source: PYMNTS.com. QR Code Ordering.

Technology 52

Technology Operations Point of Sale Mobile Ordering 52

Sante

APRIL 13, 2020

According to Buyers Edge Platform, one of the main differences is that plant-based meat substitutes are actually composed of isolated proteins that are sourced from plants. The margins on these alternatives can be significant, especially when coupled with competitive cash back programs.

Sustainability 130

Sustainability Innovation 2019 Pricing 130

The Restaurant Times

MAY 30, 2021

It gives banks and potential investors information regarding its business objectives – market analysis, management details and financial requirements to sales and marketing, expansion potential, etc. The cuisine: Decide the cuisine you plan to serve and identify the kitchen equipment and packaging strategies accordingly. .

Point of Sale 52

Point of Sale Food Truck Employee Relations Cash Management 52

The Restaurant Times

JANUARY 28, 2022

Quick-service restaurant entrepreneurs must recruit and retain top talent, as well as invest in technologies such as smart kiosks, tablet menus, kitchen equipment standardization, third-party delivery solutions, and other tools that, while not eliminating operational errors, can reduce hiring and training costs.

Recruiting 52

Recruiting Customer Service Hiring Seating 52