7 Shifts

APRIL 3, 2020

That is what we are going to answer in this blog—providing you with steps you can take right now to reduce your costs and boost your revenue to keep your restaurant profitable during COVID-19. 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

Modern Restaurant Management

JANUARY 30, 2024

Typical restaurant KPIs involve monitoring costs around food, labor and supplies, pricing adjustments, table turnover rates during peak periods, customer wait times, promotion effectiveness, brand sentiment on review sites, and training completion rates. But the payoff for calculated risks meeting unmet needs can be tremendously rewarding.

Leadership 203

Leadership Small Business Cash Management Customer Experience 203

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 215

2024 Loyalty Program Cash Management Customer Experience 215

Clover - Restaurants

APRIL 23, 2024

Yet, purchasing a restaurant can bring a new set of challenges that are worth considering before you take the plunge. 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. Franchise or independent restaurant?

Point of Sale 52

Point of Sale Cash Management Franchise Franchising 52

Modern Restaurant Management

JUNE 14, 2022

It’s also more prevalent than some restaurant owners and managers might want to believe. That means, in a vacuum, three out of every four of your employees could potentially engage in some form of theft from your business. Inventory Management System. Supplies and ingredients can get expensive. Why is this helpful?

Point of Sale 203

Point of Sale Kitchen Safety Back of House Inventory 203

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

FEBRUARY 12, 2021

Maybe it’s to take your grandmothers’ recipes to the masses. You have the advantage of a built-out kitchen with equipment, bars and dining rooms, technology, parking lots, and more. Find Out Why the Restaurant is for sale. Once you’re ready and funded, here are the steps to take to realize the dream of ownership.

License 195

License Equipment Certification Information 195

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. Take a close look at this itemized bill from Grubhub, for example. Two things stand out in this bill.

Delivery 148

Delivery Cash Management Restaurant Law Mobile Ordering 148

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 180

2022 Food Supply Back of House Kitchen Safety 180

Modern Restaurant Management

SEPTEMBER 14, 2022

– Team Bots’ It sounds like something out of a science fiction movie, right? AI and ML are buzzwords and often sound out of reach of an average restaurateur. Local health lockdowns and limitations caused havoc for food supply chains, staffing, customer demand, and remote ordering. What are AI and ML?

Front of House 211

Front of House Mobile Ordering Loyalty Program Back of House 211

Ken Burgin

FEBRUARY 5, 2020

With many cafes and restaurants reporting up to 80% of sales being made on card, the traditional informal cash transactions and ‘owner’s cash bonus’ have become much more difficult to manage. The electrician who always comes immediately because he’s paid cash. The vegetable guy who says he gives the best prices for cash.

Cash Management 99

Cash Management Food Supply Point of Sale Online Ordering 99

Perfect Daily Grind

SEPTEMBER 28, 2022

To find out, I spoke with PRF Colombia panellists Ricardo Pereira and Nicholas Castellano. Across the coffee supply chain, data collection is an essential part of communicating and improving coffee quality. Producers need to see their farms as businesses , so they need to plan farm management similarly to any other business.

Supplies 136

Supplies Sustainability Cash Management Point of Sale 136

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

AUGUST 10, 2022

Food prices are soaring amidst supply chain disruptions, increasing labor costs, and processing plant shutdowns. While increasing grocery costs could lead some consumers to eat out instead , it’s clear that restaurants need to do more to justify higher prices and improve the customer experience. Seven out of 10 U.S.

Customer Experience 188

Customer Experience Online Ordering Customer Service Mobile Ordering 188

Perfect Daily Grind

JANUARY 27, 2023

The next event will be Cup of Excellence Indonesia, which will take place on 16 February. The keynote speech delivered by Michael Opitz, Managing Director of Hanns R. Uganda Coffee Development Authority distributes wet processing equipment to 35 local farmers and co-operatives. EL&N also operates six locations in Riyadh.

2023 112

2023 2022 Events Certification 112

Modern Restaurant Management

MARCH 10, 2020

. “We hope our company Manifesto Marke t is safely positioned b/c 1) our supply chain is local, 2) our locations have a lot of fresh, open-air, and 3) we are cashless – so no currency is exchanged. Cash is dirty; and 4) we will soon launch bundled food delivery, acting as a marketplace for cloud kitchen delivery.

Kitchen Safety 206

Kitchen Safety Food Safety Cash Management Food Supply 206

The Food Corridor

NOVEMBER 29, 2022

Check out the Shared Kitchen Operations Manual for over 107 pages of customizable policies, templates, forms, and guidelines. There is a lot to think through and many possible situations to parse out. Define if checks or cash should be mailed or dropped off, when a payment is considered late, and what the late fee is.

Equipment 52

Equipment Food Supply Book Kitchen Safety 52

Sling

JULY 1, 2023

We’ll discuss how to navigate the early planning stages, review some essentials to take care of before launch day arrives, and leave you with some tips to keep your restaurant running smoothly once it opens. To best set yourself up for success, start by taking time to complete the following steps.

Fine Dining 78

Fine Dining Cash Management Restaurant Law Consumer Goods 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. . Equipment Financing. Merchant Cash Advances.

Cash Management 78

Cash Management Equipment Small Business Front of House 78

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. Simplified Menus. Ghost Kitchens. Delivery Options.

2022 218

2022 Customer Service Online Ordering Website Management 218

Cheetah

DECEMBER 14, 2021

A generation of conscious diners is seeking out vegan treats and plant based desserts. For restaurant operators, shifting to plant-based ‘cash-cows’ not only makes economic sense, but it has never been easier. They often take more time to consume a small sundae than the whole preceding meal, effectively reducing turnover for operators.

Food Supply 148

Food Supply Seasonal Menu Cash Management Pricing 148

Ken Burgin

FEBRUARY 15, 2022

Other times, you feel as though they are competition, squeezing out every last cent. 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.

Beverage 68

Beverage Tip Distribution Seasonal Menu Food 68

Deliverect

MARCH 24, 2021

So let’s take a look at who might be thinking about starting a ghost kitchen. 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 are they the right model to start out with? The celebrity chef branching out.

Food Truck 148

Food Truck Front of House Fine Dining Food Order 148

Perfect Daily Grind

JUNE 20, 2022

Read on to find out what they told me. Auctions can be held in-person or online, with the former taking place at origin. In the case of virtual auctions, roasters request coffee samples before placing their bids, which are then managed remotely via a dedicated digital platform. How do green coffee auctions work?

Supplies 117

Supplies Cash Management Article 2022 117

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. To be added to this guide, reach out to Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com.

Food Safety 234

Food Safety Kitchen Safety Small Business Employee Relations 234

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 197

2023 Loyalty Program Mobile Ordering Customer Experience 197

The Restaurant Times

SEPTEMBER 30, 2021

To out-hustle the competition, the top food truck owners design and iterate unique menus, produce consistently high-quality cuisine, and work long hours – frequently late into the evening. Sketch out what you think would attract you as a customer and try to replicate it with a unique twist. . Source: Ixigo. Talk To The Professionals .

Food Truck 52

Food Truck Food License Mobile Ordering 52

The Restaurant Times

NOVEMBER 30, 2020

Just like any other expansion project, it takes time and effort to franchise restaurants, but that does not mean that it is an arduous process. . Before you start looking for business partners and roll out your Franchise Restaurant License, you should evaluate your business from end-to-end. Equipment required. Vendor Management.

Franchise 52

Franchise Franchising Cash Management License 52

Perfect Daily Grind

OCTOBER 1, 2022

The online event will explore the challenges that farmers and their communities face, as well as OOH coffee operators, and expand on how Nescafé provides support to these supply chain actors. Speakers will include Head of Beverages at Nestlé Professional, Patrick Stern, and Relationship Manager at Perfect Daily Grind, Nicholas Yamada.

2022 135

2022 2023 Point of Sale Webinar 135

Modern Restaurant Management

DECEMBER 21, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their perspection on 2020: What lessons did you learn and what do you feel the restaurant industry learned this year? When you give back to the community, the community takes care of you. Here are their responses. Click here for part two.

2020 180

2020 Online Ordering Fast Casual Point of Sale 180

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. 38 percent dined out in the last two weeks – up 2 percentage points from the previous issue (two weeks prior).

2020 195

2020 Mobile Ordering Point of Sale Fast Casual 195

The Food Corridor

MAY 7, 2020

But when things suddenly change, as they have with the current Covid-19 situation, you have to put those feelings aside and take positive action to transition to a model that suits the times. Let’s take a look at the fundamentals you must put into place to make your transition a success. Create a Streamlined Delivery Menu.

Delivery 98

Delivery Food Online Ordering Email Marketing 98

Modern Restaurant Management

SEPTEMBER 15, 2021

89 percent of Canadians are looking forward to eating out with friends and family, with 64 percent going so far as to say that dining out will be an important part of their lifestyle post-pandemic. As more Canadians return to in-person dining, restaurants will need to continue adapting to capture market share.”

2021 178

2021 Loyalty Program Retail Online Ordering 178

Modern Restaurant Management

MARCH 24, 2020

The founders of Dog Haus – Hagop Giragossian, Quasim Riaz and André Vener – are taking their gourmet hot dogs, sausages, burgers, etc. “In the 158 years of Bacardi, we’ve endured our share of challenging times and have learned that resilience, optimism and community are what will help us come out stronger.”

Food Supply 101

Food Supply Kitchen Safety Cash Management Food Safety 101

Apicbase

MARCH 3, 2023

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. Chief among these restaurant management systems is a F&B management platform such as Apicbase. Let’s find out how.

Point of Sale 52

Point of Sale POS Management Management 52

Modern Restaurant Management

OCTOBER 29, 2019

" Fat Sal’s will also be taking over the space next door to them and transforming it into the Pawn Shop from Pulp Fiction. This will all take place Wednesday, Oct. By leveraging its own proprietary algorithms, Green Rabbit ensures that all orders are managed and packaged appropriately, resulting in 99.9%

Food Supply 86

Food Supply Franchise Franchising Customer Experience 86

Lavu

JANUARY 21, 2020

Take time to understand terms like labor costs, costs of goods sold (COGS), prime costs, revenue, balance sheet, income statement, and more. A good accountant will help you in managing finances and producing key financial statements. Make sure you note the amount of money going out every week.

Point of Sale 78

Point of Sale Inventory Restaurant Law Front of House 78