Modern Restaurant Management

DECEMBER 21, 2023

Manage Access to Keys : Only distribute exterior-door keys to employees who must have access. Secure Your Cash On-Hand : To reduce the risk of robberies, keeping cash in registers to a minimum is a best practice. Invest in a drop safe.

2024 189

2024 Kitchen Safety Cash Management Insurance 189

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

7 Shifts

OCTOBER 22, 2021

If sales don't differ too much from the rest of the year, your restaurant might not need much extra consideration for staffing outside special events. Are there any events that have special staffing needs? Finally, before building a holiday schedule, your restaurant needs a plan for its restaurant events program.

Seasonal Menu 370

Seasonal Menu Hiring Reference Mobile Ordering 370

7 Shifts

DECEMBER 8, 2020

Many restaurants are offering bundles or packages of dishes and drinks, so think ahead to upcoming events, and have your staff collaborate on takeout packages. Recommended Reading: Restaurant Task Management: How to Communicate Tasks to Staff 4. Maybe it’s a coffee and a pastry, or a grain bowl, juice, and dessert.

Front of House 370

Front of House Social Media Employee Relations Back of House 370

7 Shifts

MARCH 10, 2021

This process includes focusing on your daily finances , such as cash flow, payroll, and inventory. Invest in Technology Accounting and inventory management software are just a couple of the technologies that small business owners should invest in. Attend a National Small Business Week event. Join your local chamber of commerce.

Management 370

Management Management Small Business Email Marketing 370

Embrace the Suck

JANUARY 20, 2021

Events like this are what economists call a “ black swan ,” catastrophic occurrences that basically cause a global shift in mindset and behavior. Look back to a black swan event you might have already been through the events on September 11, 2001. We should be managing our inventory better.

Social Media 416

Social Media 2001 Online Ordering Cash Management 416

7 Shifts

MARCH 11, 2020

You won’t have cash coming in until you open your doors, so you’ll have to depend on your life savings, investments, and loans to get you through your first few weeks or months of business. If your space is worth $1 million, for example, you’ll need $100,000 in cash to lock in the space. You’ll need roughly 10% down on your space.

License 354

License Cash Management Inventory Food Supply 354

Modern Restaurant Management

DECEMBER 22, 2020

Cash Flow Is Top of Mind. No surprise during an economic crisis, over 81 percent of restaurants and other business owners are prioritizing cash flow management and are identifying ways to cut back spending and increase sales, namely by moving services online. Taking a Stand.

Small Business 179

Small Business Cash Management Webinar Recruiting 179

Modern Restaurant Management

JUNE 3, 2021

These tools offer employees an easy and secure way to manage their wages, even if they don’t have bank accounts. Educate and Engage: Offer financial literacy education to help staffers understand and use skills that include budgeting, managing money, paying off debt and investing. Host a hiring party : Make recruiting memorable.

Ordering 179

Ordering Front of House Hiring Recruiting 179

Restaurant365

DECEMBER 11, 2020

The events of this year made running a lean, streamlined restaurant business a necessity to survive the many shifts. As 2021 begins, there are many restaurant management best practices that can be applied to strengthen your business, in the short and long term. Manage cash flow by creating a cash flow forecast.

2021 136

2021 Cash Management Management Management 136

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

Modern Restaurant Management

JANUARY 31, 2020

With more than 300 active shooter events in the U.S. The focus is two-fold: minimizing the risk of such an event from happening, and also reducing liability post-event should a victim’s family or local authorities claim the property should have been more secure. Managing foreseeable risk = covering the basics.

Management 198

Management Management Cash Management Events 198

7 Shifts

OCTOBER 31, 2022

The management team. Management team. Talk about things like foot traffic, day-parts, local events, and what that part of the city looks like in the future. You may want to list out: Team Management. Inventory management systems. Task management tools. Manager Log Books. Outline it in this section.

Point of Sale 397

Point of Sale Back of House Document Download 397

7 Shifts

OCTOBER 20, 2022

Specifically, The DOL applied the updates to the amendments that occurred in 2018 in section 3(m) and other sections in the Fair Labor Standards Act: First, employers, supervisors, and managers cannot keep employee tips under any circumstances, even in a tip pool. Managers that have the authority to fire employees cannot be included.

Tip Distribution 195

Tip Distribution Restaurant Law 2023 Cash Management 195

Modern Restaurant Management

OCTOBER 19, 2023

But it’s not just newbies to franchising – or restaurant franchises themselves, for that matter – that need to stay on top of the management intricacies that characterize the business. But skyrocketing claims for situations like active shooter events make it essential.

Insurance 100

Insurance Franchise Franchising Document 100

Modern Restaurant Management

AUGUST 19, 2020

As the world of hospitality attempts to recover from the impact of Covid-19, maintaining cash flow and slowly building up revenue are key elements to any establishment’s ability to survive. It’s a delicate balance of cash flow and savings on overhead costs that has restaurant owners scrambling for solutions.

Cash Management 228

Cash Management Point of Sale Consumer Goods Small Business 228

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

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

7 Shifts

NOVEMBER 9, 2022

You can use a newsletter to update them about a new location opening , special offers, menu upgrades, or food-based events. Now that you know what email newsletters can do for your restaurant, it's time to create a newsletter that wins hearts and sets the cash register ringing. Strengthening relationships with customers.

Email Marketing 195

Email Marketing Loyalty Program Social Media Point of Sale 195

Perfect Daily Grind

MARCH 5, 2023

Interested in attending a world-leading coffee event in El Salvador? In the years following, coffee quickly became one of the country’s biggest cash crops. By 1880, exports of coffee had significantly surpassed other commodities, especially indigo (a natural dye), which was also another major cash crop.

2004 181

2004 Café Cash Management 2022 181

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. The multi-year partnership will see the veteran-owned coffee roaster serve its products at NHRA events nationwide. EL&N also operates six locations in Riyadh.

2023 112

2023 2022 Events Certification 112

Modern Restaurant Management

MAY 21, 2020

For their safety and convenience, enable delivery and payment services that allow customers to pay without cash, as well as choose when and how their order should be delivered. Minimize the risk of contact between the customer and the cashier by installing a protective screen at cash registers. Offer Disposable Menus.

Social Media 215

Social Media Food Safety Cash Management Kitchen Safety 215

7 Shifts

SEPTEMBER 19, 2022

What about managers? Track and manage employee workload. What about managers? Managers fared a bit better than hourly employees—with a turnover rate of 28%. Among the over 25 sets, manager recognition (or lack thereof) was one of the top three reasons they left restaurant jobs. Back-of-House and Front-of-House.

Front of House 195

Front of House Back of House Cash Management Customer Experience 195

Culinary Cues

AUGUST 28, 2020

As owners, managers, and chefs – regardless of the hours that you invested in the job in the past, this is not the time to back off – this is the time to be even more present. All of this still counts! Don’t let your edge slip away. BE PRESENT. Every few weeks add another twist to what you do – keep it exciting. INVEST IN TRAINING.

Social Media 438

Social Media Communication Loyalty Program Training 438

Goliath Consulting

MARCH 2, 2019

What comes to mind when you hear there is an expected surge of over a million possible guests entering your city for a weekend event? But this was Super Bowl LIII – one of the biggest events in the country each year. Restaurant management took employee support roles to help all the new staff feel part of the team. Excitement?

Events 104

Events Cash Management Email Marketing Outdoor 104

Lavu

JANUARY 21, 2020

Every restaurant owner and manager needs to review this report on a daily basis to get a picture of how the restaurant is performing. The report provides valuable information on the restaurant’s sales, taxes, tips, discounts, credit card fees, refunds, comps, cash short or over, and more. Cash Flow Forecast (Weekly Report).

Cash Management 78

Cash Management Point of Sale Information Beverage 78

Deliverect

DECEMBER 7, 2020

Just as everyone was making their predictions for 2020 this time last year, a certain black swan event came along and caused a bit of a stir. Some full-service restaurants managed to pivot and find a way to offer their multi-course meals for delivery. Ghost kitchens will help cash-strapped entrepreneurs get a start in the industry.

Online Ordering 148

Online Ordering 2021 Delivery Ordering 148

Modern Restaurant Management

MARCH 10, 2020

Cash is dirty; and 4) we will soon launch bundled food delivery, acting as a marketplace for cloud kitchen delivery. We are taking other precautions and provide a sanitary training session for our tenants and clear communication with our tenants via our digital property management system (PMS). Cash is dirty.

Kitchen Safety 206

Kitchen Safety Food Safety Cash Management Food Supply 206

Deliverect

DECEMBER 7, 2020

Just as everyone was making their predictions for 2020 this time last year, a certain black swan event came along and caused a bit of a stir. Some full-service restaurants managed to pivot and find a way to offer their multi-course meals for delivery. Ghost kitchens will help cash-strapped entrepreneurs get a start in the industry.

Online Ordering 146

Online Ordering 2021 Delivery Ordering 146

Buzztime Business

MAY 1, 2023

The first step is to align your trivia event with your business objectives. If your Saturday middays need TLC, try a relaxed trivia brunch or lunch event. Happy hour trivia in bars is always a win as well… Question 2: Are there competing bar trivia events? Again, you could run the bar event yourself or hire a host.

Bar 78

Bar Events Email Marketing Social Media 78

Buzztime Business

MAY 1, 2023

The first step is to align your trivia event with your business objectives. If your Saturday middays need TLC, try a relaxed trivia brunch or lunch event. Happy hour trivia in bars is always a win as well… Question 2: Are there competing bar trivia events? Again, you could run the bar event yourself or hire a host.

Bar 78

Bar Events Email Marketing Social Media 78

Buzztime Business

MAY 1, 2023

The first step is to align your trivia event with your business objectives. If your Saturday middays need TLC, try a relaxed trivia brunch or lunch event. Happy hour trivia in bars is always a win as well… Question 2: Are there competing bar trivia events? Again, you could run the bar event yourself or hire a host.

Bar 78

Bar Events Email Marketing Social Media 78

The Restaurant Times

SEPTEMBER 5, 2020

The Covid-19 pandemic has clearly indicated that crisis management requires drastic changes in how the restaurant industry operates. The guiding principle behind future restaurant crisis management should be the safety and security of your business, employees, and customers. Forecast The Current Trends.

Management 90

Management Management Cash Management Employee Relations 90

The Rail

APRIL 4, 2024

Engaging your guests with updates about your new location, special offers, and perhaps a grand reopening event can turn the relocation challenge into an opportunity to strengthen customer loyalty and attract new patrons. Keeping a close eye on cash flow during this period is vital.

Bar 52

Bar Customer Experience Email Marketing Customer Service 52

Xtra Chef

SEPTEMBER 14, 2020

This product release includes the debut of Waste Tracking for Inventory Management users, updates to xtraCASH and Sync, and some new features to look for in the Vendor Hub and Purchasing & Ordering Management. Inventory Management users, meet Waste Tracking! From there, click Add New to add a waste event.

Waste 88

Waste Cash Management Online Ordering Inventory 88

Modern Restaurant Management

FEBRUARY 3, 2022

You may have more flexibility in terms of your permitted hours of operation and the type of events you can hold in your restaurant if you are not beholden to a strict contract with a landlord. Easier Money Management. Cash flow management is one of the biggest challenges when running a restaurant. Hours of Operation.

Restaurant Law 203

Restaurant Law Cash Management Insurance Seating 203

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