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 212

2024 Loyalty Program Cash Management Customer Experience 212

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? Demand More from 3rd Party Delivery Apps.

Delivery 148

Delivery Cash Management Restaurant Law Mobile Ordering 148

Squirrel Systems

MAY 17, 2024

Cost Management : Monitor costs, including food, labor, and overhead. Look for opportunities to negotiate better terms with suppliers and optimize inventory management. By spreading revenue sources, you can reduce dependency on a single income stream and better weather economic fluctuations.

Operations 52

Operations Loyalty Program Cash Management Point of Sale 52

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

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 177

2022 Food Supply Back of House Kitchen Safety 177

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. That’s why it is important to set up a trustworthy line of supply.

Food Supply 148

Food Supply Seasonal Menu Cash Management Pricing 148

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. Essential. It might be a little.

Small Business 109

Small Business Cash Management Uniforms Tip Distribution 109

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

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. But suppliers need to promise long term goals to the farmers and companies supplying them with goods, often on a quarterly or seasonal basis – they think medium to long term. Understand the Friction.

Beverage 68

Beverage Tip Distribution Seasonal Menu Food 68

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. Coffee auctions can reach multiple audiences and involve people from across the supply chain,” she says. Justin Mool is the Auction & Web Manager at Grounds for Health.

Supplies 117

Supplies Cash Management Article 2022 117

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. Rules and Regulations

Food Truck 52

Food Truck Food License Mobile Ordering 52

Perfect Daily Grind

FEBRUARY 10, 2023

Nestlé pledges to support 7,500 coffee producers in the region to strengthen its supply chains. The US Department of Labor says the businesses “illegally allowed managers to keep a portion of the tips earned by workers”, which violated the Fair Labor Standards Act.

2023 122

2023 Pricing White Paper 2022 122

Modern Restaurant Management

FEBRUARY 4, 2022

Unprecedented labor and supply chain pressure will drive most of the restaurant trends that will define 2022, industry analysts say. This instability will push operators to trim costs by shortening menus and investing in labor-saving technology to free up cash for wage increases. Sourcing ingredients locally or from all-natural farms.

2022 216

2022 Customer Service Online Ordering Website Management 216

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

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

MARCH 30, 2020

If you haven’t been doing delivery before this point, even if you are using your own team, there are barriers to entry including: Securing equipment (like hot bags, to-go packaging). You will need to keep these timelines, anywhere from a few days to two weeks, in mind to make sure it fits with your cash flow needs.

Delivery 78

Delivery Operations Insurance Cash Management 78

Modern Restaurant Management

SEPTEMBER 15, 2021

87 percent of Canadians are interested in ordering food sourced from local farmers or using Canadian produce. Furthermore, ongoing global supply chain issues driven by the pandemic continue to persist for food retailers in 2021, with 42 percent saying supply chain disruptions continue to hurt their businesses. In 2014, U.S.

2021 170

2021 Loyalty Program Retail Online Ordering 170

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 193

2023 Loyalty Program Mobile Ordering Customer Experience 193

Sante

APRIL 13, 2020

Restaurant sales of plant based meat substitutes increased 87% last year, according to Buyer’s Edge Platform , a restaurant supply chain company that helps operators use technology to save money and run their restaurants more efficiently. Restaurants can accomplish these goals while adding to their bottom line.

Sustainability 130

Sustainability Innovation 2019 2018 130

Modern Restaurant Management

OCTOBER 29, 2019

This investment represents the first institutional capital into Green Rabbit and positions the company to continue its growth in the $20 billion e-commerce food and grocery delivery market by adding additional talent to its workforce and further developing its supply chain automation capabilities. Six of the ten largest retailers in the U.S.

Food Supply 77

Food Supply Franchise Franchising Customer Experience 77

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. Nearly half (46 percent) of supply chains don’t have an environmental sustainability plan.

2020 161

2020 Mobile Ordering Point of Sale Fast Casual 161

Hot Schedules

APRIL 20, 2019

With so much food waste in landfills, you can see why it’s such a major source of methane gas in our atmosphere. Consider the energy, water, fertilizer, equipment and labor that takes to produce each ingredient, and the same for any packaging required. Leverage Data to Identify Waste at the Source. What Can You Do?

Waste 60

Waste White Paper Cash Management Inventory 60

Modern Restaurant Management

JANUARY 12, 2022

. “Online and mobile ordering was a lifeline to restaurants shut-down in the pandemic and continues to provide steady revenue,” said Simon de Montfort Walker, senior vice president and general manager at Oracle Food and Beverage. 46 percent would love to manage their dietary preferences with their favorite establishments.

2022 210

2022 Mobile Ordering Guest Recovery Point of Sale 210

Kounta

NOVEMBER 6, 2019

Both through the purchase itself, and the need to prop-up cash flow for the first twelve months of trading. Have you managed a business before? A Bar is a fast-paced, highly competitive and challenging segment, even the most experienced Managers. Both opening a Bar or purchasing one requires significant amounts of capital.

Bar 40

Bar Franchise Franchising Small Business 40

Modern Restaurant Management

JULY 20, 2021

“Demand is up and supply is down—and when that happens we see a huge increase in velocity,” said CGA’s client solutions director Matthew Crompton. Another growth area could be packaged cocktails, said Andrew Hummel, CGA’s client solutions manager. Physical service is still valued.

2021 186

2021 Guest Recovery Online Ordering Point of Sale 186

Modern Restaurant Management

DECEMBER 14, 2021

Restaurants will continue to grapple with labor shortages and supply chain disruptions throughout 2022. Managers lack the tools to properly schedule employees and plan for shifting consumer demands, and as a result, businesses are paying for redundant overworked labor, or having to manage with inadequate labor due to hiring challenges.

2022 185

2022 Food Supply Mobile Ordering Customer Experience 185

The Restaurant Times

OCTOBER 14, 2021

This article aims to let restaurateurs know about the equipment and supplies that are must-haves for a successful bar setup. . 14 Must-Have Supplies For A Bar Setup. No bar can function without a bottle opener; it is undoubtedly the most crucial equipment. Source: Mixology Crew. Source: Beaumont TM.

Bar 52

Bar Supplies Equipment Beverage 52

EATER

APRIL 3, 2023

Graydon Herriott Jorge Gaviria’s company, Masienda, is making a name for itself among chefs and home cooks — and building a more sustainable supply chain in the process In How I Got My Job , folks from across the food and restaurant industry answer Eater’s questions about, well, how they got their job. Today’s installment: Jorge Gaviria.

Food Supply 73

Food Supply Front of House Supplies Consumer Goods 73

Modern Restaurant Management

FEBRUARY 18, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry movers and shakers: "What do you feel is going to cause disruption in the restaurant industry over the next decade?” In order to compete, restaurant brands need to be equipped with the leadership and capabilities necessary to adapt to the latest tech trends.

Mobile Ordering 212

Mobile Ordering Front of House Fast Casual Customer Service 212

Modern Restaurant Management

MAY 27, 2020

Requiring appropriate personal protective equipment (PPE) for employees, including gloves and masks. PathSpot, creator of a real-time hand hygiene management system that protects against the threat and spread of illness with a hand scanner that tracks handwashing frequency and effectiveness, announced the closing of $6.5

Food Safety 147

Food Safety Kitchen Safety Mobile Ordering Guest Recovery 147

The Restaurant Times

DECEMBER 30, 2021

A well-thought-out plan takes cognisance of various future aspects of your business, such as capital outlay, expected cash flow, payback period, etc. Source: FSR Magazine. Also, ensure that the establishment has access to an uninterrupted supply of all essential utilities. Hire Staff And Purchase Equipment.

Food 52

Food License Consumer Goods Cash Management 52

Modern Restaurant Management

DECEMBER 14, 2020

Whether it’s helping them adjust to evolving guidelines or uncovering additional sources of profit, we’re committed to staying right beside our operators through it all, helping them Make It." The company has also added a Deep Cleaning Checklist and guiding principles for Managing Indoor Air. Lightspeed POS Inc.

Webinar 186

Webinar Customer Experience Mobile Ordering Customer Service 186

Modern Restaurant Management

MAY 12, 2020

As restaurants around the country look towards reopening, Edward Lee and Lindsey Ofcacek, director of The LEE Initiative are committed to helping reset the supply chains for farmers and restaurant operators who are committed to sustainable food. The donations include items such as meat, dairy, produce and other non-food supplies.

Mobile Ordering 118

Mobile Ordering Online Ordering Food Order Hospitality 118

Modern Restaurant Management

MAY 1, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features COVID-19 crisis statistics and surveys about third-party delivery, guest expectations, QSR reliance and more. ” Safety, hygiene and the food supply chain. Yelp Economic Average. Restaurant Industry Consumer Perspectives. In the U.K.,

2020 157

2020 Fast Casual Food Safety Guest Recovery 157

EATER

FEBRUARY 18, 2022

In an excerpt from “Eating to Extinction,” author Dan Saladino visits Okinawa where one farmer is hoping to bring back one of the world’s rarest soybeans Our food supply is suffering from a diversity crisis. As the supply of the bean increased, so did demand for soy products. Nat Belkov/Eater.

Food Supply 91

Food Supply Small Business Food Truck Agriculture 91

Modern Restaurant Management

AUGUST 19, 2020

Modern Restaurat Management (MRM) magazine is collaborating with the team at MarketScale on The Main Course , a podcast that aims to explore the intense and competitive modern restaurant industry. "We Barbara Castiglia , MODERATOR – Modern Restaurant Management. They both went through a management training program.

Kitchen Safety 192

Kitchen Safety Loyalty Program Delivery Customer Service 192

Modern Restaurant Management

MARCH 16, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features some surveys surrounding Coronavirus and the restaurant industry, the best locations for chefs, online payment fraud and top trends for QSRs. COVID-19 Foot Traffic at QSRs. ports covered by Global Port Tracker handled 1.82

Mobile Ordering 103

Mobile Ordering Online Ordering Point of Sale POS 103