Modern Restaurant Management

MARCH 10, 2020

And how are other restaurants and industry insiders responding to this growing health concern? ” The cashless multi-vendor open-air gastronomic market has two locations in Prague, and a total of 34 independently operated restaurants, bars and retailers. Cash is dirty. Eat healthier.”

Kitchen Safety 516

Kitchen Safety Food Safety Cash Management Food Supply 516

Modern Restaurant Management

APRIL 3, 2020

Force Majeure is a defense to contractual obligations to perform and arises when parties cannot reasonably foresee nor control an event, which prevents either party to perform their contractual obligations. Black’s Law Dictionary 11th ed.

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Government Insurance Cash Management Hotels 383

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. The National Restaurant Association has provided a list of best practices to ensure business continuity.

Food Safety 585

Food Safety Kitchen Safety Small Business Employee Relations 585

Modern Restaurant Management

APRIL 14, 2020

For additional resources, click COVID-19 Survival Guide for Restaurants and MRM Restaurant Survival Guide, Second Course and MRM Restaurant Survival Guide, Part Three and What’s Next?: MRM Restaurant Survival Guide Updates.

Online Ordering 530

Online Ordering Back of House Small Business Customer Service 530

Modern Restaurant Management

AUGUST 17, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features consumers' dining desires, the power of personalization and the untapped opportunity in localized marketing. But while limited dining options are available, people have shown an increased desire to help out independent restaurants.

2020 493

2020 Mobile Ordering Loyalty Program Food Safety 493

Modern Restaurant Management

MAY 27, 2020

In this edition of MRM News Bites, we feature the Takeout For Good Effort on June 2 and a host of products designed to help restaurants keep guests and staff safer as they reopen. GroupRaise is inviting restaurants across the country to join their Takeout For Good initiative happening on June 2. Takeout For Good.

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Food Safety Kitchen Safety Mobile Ordering Guest Recovery 441

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?” Christopher Baron of RedBaron Consulting.

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Mobile Ordering Front of House Customer Service Customer Experience 539

Modern Restaurant Management

MAY 5, 2021

In this edition of MRM Research Roundup, we have news on understanding customer loyalty, beverage insights, restaurant supply loyalty, the influence of discounts, the state of payments and the evolution of gift cards. ” Restaurant Owners Are Comparison Shopping. The Value of Trust.

2021 490

2021 Coupons Loyalty Program Consumer Goods 490

7 Shifts

OCTOBER 20, 2022

It's a constant conversation in the restaurant industry. But one can't deny that tips make up a majority of restaurant workers' take-home pay. There have been several ways in which restaurant owners have tried to create a more equitable system for employees to earn consistent, fair wages and improve retention. Tip Pooling Laws.

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Tip Distribution Restaurant Law 2023 Cash Management 195

Modern Restaurant Management

OCTOBER 19, 2023

It’s hard to escape the continuing boom in restaurant franchises. Quick-serve brands are leading the trend, and not just for restaurants, but for franchises overall. But skyrocketing claims for situations like active shooter events make it essential.

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Insurance Franchise Franchising Document 251

Modern Restaurant Management

SEPTEMBER 15, 2020

The Distilled Spirits Council of the United States (DISCUS) announced the formation of the Hospitality Recovery Coalition with the goal of supporting on-premise partners, including restaurants, bars and distilleries, facing harsh economic impacts due to the COVID-19 crisis. Each member of the coalition is committed to responsibility.

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Fast Casual Casual Menu Mobile Ordering 405

Modern Restaurant Management

NOVEMBER 27, 2024

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. The annual report surveys 600 independent full-service restaurant (FSR) owners and operators from across the U.S.,

2025 221

2025 Loyalty Program 2024 Back of House 221

Modern Restaurant Management

FEBRUARY 21, 2020

Modern Restaurant Management (MRM) magazine's People & Places column features news of company hires and promotions, charitable efforts and product introductions. Nominees for more than 50 awards categories, including Restaurant and Chef, Restaurant Design, and Media will be announced.

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Brewery Design Food Supply Equipment 348

Paper Chase Accountancy

MAY 30, 2025

This fundamental discipline, when expertly managed, ensures the financial health of restaurants and hotels, enabling them to thrive even in challenging market conditions. This specialized area of accounting involves managing the financial transactions and obligations of hospitality businesses, such as NYC restaurants and hotels.

Hotels 52

Hotels Hospitality Cash Management Restaurant Law 52

7 Shifts

SEPTEMBER 16, 2024

Selling a restaurant can be a major decision for many reasons. One of the main reasons is to cut losses due to financial challenges, with 52% of restaurant owners saying high operating and food costs are really cutting into their profits. If restaurants in your area sell at a multiple of 2.5

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2024 Document Point of Sale Cash Management 195

Paper Chase Accountancy

MAY 30, 2025

Sample Bookkeeping for Restaurants and Bars: In the hospitality industry without precise record-keeping, even the most successful establishments can find themselves adrift, struggling with cash flow, compliance, and ultimately, profitability. Bookkeeping is the often-unsung hero, forming the bedrock of smart financial management.

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Bar Cash Management Point of Sale Back of House 52

Restaurant365

DECEMBER 11, 2020

The year 2020 prompted enormous changes in the restaurant industry. 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.

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2021 Cash Management Management Management 136

Modern Restaurant Management

OCTOBER 29, 2019

" The Big Kahuna Burger theme will be part of the Interior where staff will be in costume and exterior of the restaurant with Big Kahuna Burger signage. “We are proud to make this pledge and we invite other restaurant and QSR companies to do the same.” ” Green Rabbit Secures Funding. delivery success rate. .

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Food Supply Franchise Franchising Customer Experience 216

Paper Chase Accountancy

MAY 23, 2025

Like the navigators of ancient mariners’ ships, hospitality accountants in London are the unseen heroes guiding hotels and restaurants through the tumultuous seas of financial management. These professionals not only offer traditional bookkeeping but also provide specialized financial solutions crucial for hotels and restaurants.

Hotels 52

Hotels Hospitality Cash Management Restaurant Law 52

Paper Chase Accountancy

JUNE 16, 2025

Did you know that nearly 60% of restaurants fail within the first year due to financial mismanagement? It’s critical for restaurant owners to understand and monitor key profitability ratios to ensure financial health and longevity. In essence, restaurant profitability ratios are integral to a restaurant’s fiscal success.

Hotels 52

Hotels Hospitality Cash Management Restaurant Law 52

Modern Restaurant Management

AUGUST 14, 2020

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. The virtual kitchen model allows restaurants to maximize delivery coverage without the upfront investment that a traditional brick-and-mortar location requires.

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Franchise Franchising Kitchen Safety Food Safety 474

Paper Chase Accountancy

JUNE 12, 2025

Just like a key can unlock a door, innovative hospitality finance solutions can open up new avenues of growth for hotels and restaurants. Key Takeaways Understanding hospitality finance is vital for tackling industry-specific challenges and driving growth in hotels and restaurants. Learn more about our Accounting Services !

Hotels 52

Hotels Hospitality Cash Management Customer Service 52

7 Shifts

JULY 1, 2024

However, note that bar profit margins vary due to various factors like tax rates, licensing laws, customer demographics, and the cost of living in your area. Zoning and health regulations: Get acquainted with your location's zoning laws to know what to do, what permits to get, and what laws to follow.

Bar 221

Bar License Food Supply Restaurant Law 221

Paper Chase Accountancy

MAY 20, 2025

In the bustling world of gastronomy, the art of restaurant bookkeeping often takes a backseat. There’s much to explore, and the answers might just transform your restaurant business. Outsourced accounting services can provide cost-effective, expert solutions, allowing restaurant owners to focus on core business operations.

Cash Management 52

Cash Management Hotels Hospitality Point of Sale 52

EATER

JUNE 29, 2022

We will give you a place to stay, food, or a restaurant name,” says Hotaki. Within the halal fried chicken network, each generation of owners shepherds the next, often letting them borrow their restaurant name when they are ready to open their own. We will give you a place to stay, food, or a restaurant name.”.

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Franchise Franchising Cash Management Food Order 246

Modern Restaurant Management

JANUARY 31, 2025

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of dramatic Valentine's Day shift, best food scenes, and the evolution of c-store foodservice. As they grapple with rising costs across their supply chain, 71 percent of restaurants plan to increase prices this year.

Marketing 221

Marketing Loyalty Program 2024 2025 221

Paper Chase Accountancy

MAY 21, 2025

Hotels, restaurants, and sprawling F&B groups operate within a unique financial landscape, demanding far more than generic bookkeeping. They require specialized support that understands the intricacies of fluctuating revenues, high labor costs, and complex inventory management. Learn more about our Accounting Services !

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Hospitality Sustainability Cash Management Hotels 52

7 Shifts

SEPTEMBER 19, 2022

Turnover in restaurants is as high as ever. Labor shortages, health crises, and general economic trends have made it a struggle — and restaurants need help. But we're at an inflection point in the restaurant industry. It's not enough to just pay more than the restaurant next door. Restaurant Retention Data Study.

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Front of House Back of House Cash Management Customer Experience 195

Delaget

JANUARY 8, 2025

New Hartford, NY January 2, 2025 PAR Technology Corporation (NYSE: PAR) (PAR Technology or PAR), a global foodservice technology company, today announced its acquisition of Delaget, LLC (Delaget), a leading provider of restaurant analytics and business intelligence solutions. The transaction closed on December 31, 2024.

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Technology Cash Management 2001 2025 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 234

Food Supply Front of House Supplies Consumer Goods 234

Restaurant365

JUNE 9, 2020

As your restaurant business begins to recover from restrictions put on it due to COVID-19, it is crucial to assess your financials and strategize your costs. By generating a budget for your controllable costs , you can create a clearer path for your cash to move. Create a restaurant budget. Manage your cash flow.

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Cash Management Management Management Small Business 97

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. faster, and restaurants need to take notice to guarantee happier customers and increase revenue.

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Mobile Ordering Online Ordering Point of Sale POS 305

Paper Chase Accountancy

JUNE 5, 2025

It’s a complex arena, where revenue management, cost control, and financial reporting intermingle with unique business elements such as seasonality, customer service, and the unpredictability of guest behavior. Key Takeaways Finance is vital in the hospitality industry, with specialized accounting practices for hotels and restaurants.

Hospitality 52

Hospitality Cash Management Hotels Restaurant Law 52

The Rail

APRIL 4, 2024

This is especially true of restaurants, bars and pubs in the busy cities like San Francisco. Understanding the Landscape of Local Regulations The first step in this relocation adventure is getting to grips with intricate zoning and licensing laws. Keeping a close eye on cash flow during this period is vital.

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Bar Customer Experience Email Marketing Customer Service 130

Ken Burgin

NOVEMBER 15, 2021

The wine list is an essential part of your restaurant or hotel beverage service, so let’s apply intelligent design and business thinking to increase profits and ensure it appeals to the greatest number of people. The law of supply and demand applies to wine as well as commodities – as prices rise, demand goes down.

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Point of Sale Back of House Beverage Email Marketing 147

Next Restaurants

MAY 26, 2020

Even though the COVID-19 pandemic persists across the globe , governments have started easing lockdown restrictions and allowing restaurants to reopen finally. . Here’s a quick checklist to help you make safe choices while ensuring business continuity: Redesign Your Restaurant’s Offerings. The webinar is on May 28th, 2020 at 4pm ET.

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Webinar Social Media Food Safety Cash Management 88

Modern Restaurant Management

MARCH 11, 2025

"The pandemic forced the restaurant industry to reinvent itself overnight, moving from a primarily in-store dining experience to an omnichannel, digital-first business. " As we mark the fifth anniversary, MRM magazine surveyed restaurant insiders about the pandemic’s lasting impact on their businesses and the industry.

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Loyalty Program Mobile Ordering Customer Experience Online Ordering 471