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Small Business Optimism Persists, Despite the Pandemic

Modern Restaurant Management

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. Changing their hiring and recruiting processes (47 percent).

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Pandemic Reflections: What Lessons Has the Restaurant Industry Learned?, Part Two

Modern Restaurant Management

That led to an employee shortage, especially for high-quality and experienced management positions. People appreciate contactless service and it has become the new norm to order differently than at the front counter of a restaurant with an employee at a cash register. Technology has become a solution in staffing as well.

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THE BEST PATH TO CHEFDOM

Culinary Cues

Oftentimes these properties boast a few a ’la carte restaurants, room service, special property events, banquets, weddings, buffets, and three meals a day in at least one of their outlets. Each of those “departments” will require some level of unique kitchen management (sous chef) and specialists to support the uniqueness of function.

Hotels 505
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How to Analyze Restaurant Financial Statements and Identify Growth Opportunities

Modern Restaurant Management

You’ll know when to recruit more staff to deal with demand and when to hold off on ordering more stock. It will help you manage your finances more efficiently and put you in a better position to ride out those quieter months. Cash Flow Statement The term cash flow describes the money moving into and out of your business.

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Staying on Top of FDD Requirements for Risk and Insurance

Modern Restaurant Management

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 251
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MRM Research Roundup: Thanksgiving Trends, Diner Optimism, and Holiday Spending

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of Drinksgiving and Thanksgiving trends, FSR challenges, and "out-of-the-box" dining habits. AI usage has also skyrocketed, primarily in the back-of-house. Restaurant Workforce Report The restaurant industry grew overall by 1.72

2025 221
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Restaurant Recruiting, Staffing, & Turnover Trends: What You Need to Know About Managing Restaurant Staff in 2021

Black Box Intelligence

To overcome these issues, recruiters are getting creative , offering perks ranging from interview bonuses to competitive benefits. The shift to digital communications has also changed the way businesses recruit, making social media, online job boards and employer branding more important than ever. The state of staffing and recruiting.