7 Shifts

AUGUST 2, 2024

By tracking metrics like customer retention and employee turnover rate, contribution margin, and menu item profitability, restaurant managers can identify each area’s strengths and what areas need improvement. Use this data to establish clear and specific goals and adjust your strategies as needed.

Point of Sale 397

Point of Sale Inventory Seasonal Menu Cash Management 397

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 493

2023 Loyalty Program Mobile Ordering Customer Experience 493

7 Shifts

OCTOBER 31, 2022

The management team. Speak to what sets you apart from the pack, what food you'll serve, the service style (fast-food, fast casual, fine dining, etc.) This unique approach puts our employees first because we believe that attracting, hiring, and nurturing the right people is what sets our businesses apart.

Point of Sale 397

Point of Sale Back of House Document Download 397

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. dine out more often to fulfill basic needs and gravitate toward drive-thru and take-away options associated with QSR and fast casual.

2020 479

2020 Food Safety Fast Casual Guest Recovery 479

Modern Restaurant Management

MARCH 11, 2020

US Foods Holding Corp.entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management, Inc. NYSE: APO) (the “Apollo Funds”) for $970 million in cash.

Bar 386

Bar Cash Management Loyalty Program Point of Sale 386

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. The fast food industry is also giving back during the pandemic. Financial Trends Insights.

2020 487

2020 Mobile Ordering Point of Sale Food Supply 487

7 Shifts

AUGUST 18, 2024

But the challenges don’t stop there—once open you have to focus on improving processes, managing labor schedules, and controlling restaurant costs. Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. Fast casual: 28.9%

License 370

License Equipment POS Food Supply 370

7 Shifts

JULY 5, 2024

Running a restaurant is not just about serving great food; it’s also about managing finances. The average profit margin of full-service restaurants ranges between 3% and 5%, while their fast-food and casual counterparts’ margins fall between 6% and 9%.

Cash Management 243

Cash Management Inventory Seasonal Menu Beverage 243

Modern Restaurant Management

JANUARY 9, 2020

parent company of fast-casual restaurant chain The Habit Burger Grill, for approximately $375 million in a cash transaction. “As a fast-casual concept with strong unit economics, The Habit Burger Grill is a fantastic addition to the Yum! and will continue to be managed by Russell Bendel, president and c.e.o.,

Fast Casual 282

Fast Casual Online Ordering Customer Service Employee Relations 282

Modern Restaurant Management

FEBRUARY 19, 2020

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. ” The company also hired Kelly Hopper as its new chief financial officer. “Fazoli’s is at the forefront of the fast-casual Italian category,” Milliken said.

Franchise 305

Franchise Franchising Fast Casual Point of Sale 305

Modern Restaurant Management

MARCH 7, 2020

Modern Restaurant Management (MRM) magazine's People & Places column features news of company hires and promotions, charitable efforts and product introductions. Leonard and Poelma will continue to report to Ray Lombard, Executive Vice President, Supplier Management and Business Development. "Cindy

Food 324

Food Food Supply Small Business Fast Casual 324

EATER

JANUARY 28, 2022

per hour — the lowest legal cash wage in the U.S. Melton also says she witnessed discrimination on the job — not only from customers but also from the store’s management. Even though Melton benefited financially from this practice, she spoke out about the inequity to the management. Jillian Melton was paid just $2.13

Cash Management 246

Cash Management Restaurant Law Employee Relations Food Supply 246

Modern Restaurant Management

MARCH 24, 2020

The transaction marks the addition of the first fast-casual concept to Yum! Brands acquired all of the issued and outstanding common shares of The Habit Burger Grill for $14 per share in cash or a total of approximately $375 million. Brands’ portfolio of global restaurant brands. family,” said David Gibbs, CEO, Yum!

Food Supply 253

Food Supply Kitchen Safety Food Safety Cash Management 253

7 Shifts

AUGUST 16, 2024

Restaurant management is one of the best pathways for servers and hosts looking to make the next step in their hospitality careers. If you see yourself managing a team and overseeing operations, the path of a restaurant manager may be fulfilling. What do restaurant managers do? As of 2024, they make around $26.42

Management 195

Management Management 2024 Leadership 195

7 Shifts

NOVEMBER 16, 2021

You might see this solution at fast-casual restaurants or coffee shops, where a tip jar sits on the counter and its contents are divided among the team at the end of a shift. Fast Food Restaurants. However, most fast food chains like McDonald's don't allow their workers to receive tips. Even Tip Splitting.

Tip Distribution 195

Tip Distribution FOH Front of House Restaurant Law 195

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. In addition to virtual kitchens meeting lower labor costs, they also offer a fast-track to opening, with a location able to begin serving in just one month. Virtual Barbecue Pit.

Franchise 474

Franchise Franchising Kitchen Safety Food Safety 474

Modern Restaurant Management

DECEMBER 16, 2019

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the great gift of a restaurant gift card, learning about event professionals, top QSR traffic and digital ordering strategies. ” “The more moderate pace of consumption implies the softening in hiring and income growth should continue.

2019 322

2019 Compost Mobile Ordering Online Ordering 322

Modern Restaurant Management

DECEMBER 12, 2019

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. “Salata is on an upward trajectory to become “the” premiere national fast-casual salad restaurant,” said Wheeler. More Tropical in Colorado.

Franchise 275

Franchise Franchising Loyalty Program Book 275

Lavu

MAY 30, 2025

You need to carefully manage your spending and reduce restaurant overhead costs whenever you can. Most restaurants have regular overhead costs in the following categories: Rent Utilities Advertising Equipment costs Services fees Salaries Hiring and training Knowing your expenses is the first step to cutting expenses.

Cash Management 78

Cash Management Online Ordering Waste Employee Relations 78

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

MAY 12, 2020

Contactless Order & Pay provides operators with a safe, contact-free solution for in-service experiences, helping them manage labor costs and keep their employees safe. Lead information, conversation history, and all other social engagements are easily managed across all locations in a single, centralized platform.

Mobile Ordering 376

Mobile Ordering Online Ordering Food Order Hospitality 376

Embrace the Suck

JUNE 13, 2022

Instead of becoming “the owner” I gave myself six jobs instead: Chef, General Manager, bookkeeper, HR Director, Chief Marketing Officer, maintenance man, and Beverage Director. Hiring is the gatekeeper that protects that culture. We also used the same hiring, onboarding, and training systems.

Back of House 44

Back of House Food Truck Point of Sale Take-out 44

Black Box Intelligence

MARCH 10, 2020

While casual dining’s YOY dine-in comp sales in Texas improved by almost 11 percentage points compared with the previous week, the improvement for fast casual and quick service were a much lower 3.4 Upscale casual improved beverage by 3 percentage points and fine dining by an industry leading 14 percentage points.

Point of Sale 124

Point of Sale Guest Recovery Fine Dining Fast Casual 124

Margin Edge

JULY 23, 2020

As restaurants are reopening and re-hiring staff, paying pre-Covid salaries way before the restaurant has returned to pre-Covid profitability, may be unrealistic. This is a structure with GM’s, FOH managers, Kitchen managers/chefs in mind. For instance, you want to re-hire your GM Jack and get him on this incentive structure.

Cash Management 98

Cash Management FOH Fast Casual Hiring 98

Xtra Chef

MARCH 30, 2020

Think Fast, Act Local. He needed to act, and fast. Hoy shared that the cash flow for his business was up by 25% over his best week operating solely as a cafe, given that as a casual spot, the usual customer check is about $20. Thanks to his customers’ support, he was able to hire back 2 employees.

Fast Casual 82

Fast Casual Back of House White Paper Online Ordering 82

Open for Business

MARCH 1, 2023

Restaurant work is indeed stressful and it’s not for everyone, but one of its major advantages is that it’s inherently social, fast-paced, and fun. A general manager might also wear a restaurant’s sommelier hat. The cashier runs the cash register, processes payments, and interacts with customers.

Cash Management 78

Cash Management Front of House Fast Casual Fine Dining 78

Lavu

MARCH 13, 2020

The speeds they can work at might not be as fast as lightning, but as close as humanly possible. This permits your restaurant—both front and back of the house—to work at the fast pace of consumer spending. For fast-casual restaurants, opting for a mobile point-of-sale system makes the most sense.

Mobile Ordering 78

Mobile Ordering FOH BOH Front of House 78

Mad Mobile

FEBRUARY 5, 2024

Hiring less qualified staff or reducing the quality of your ingredients can have a devastating effect on your bottom line when the reviews come in. Implementing a tableside ordering system like CAKE can help managers and owners track inventory and update menus on the fly. Even if you don’t offer food, it’s a complicated atmosphere.

Ordering 52

Ordering Fast Casual Mobile Ordering Customer Service 52

Open for Business

OCTOBER 20, 2023

Is there a shortage of healthy fast-food options? Whether it’s chic and modern or rustic and cozy, fine dining or casual, the atmosphere needs to enhance the dining experience and make it memorable for all the right reasons. Craft a comprehensive financial blueprint to manage your restaurant’s expenses.

License 78

License Front of House Email Marketing Social Media 78

Apicbase

APRIL 20, 2022

Franchising is a time-tested business model that allows restaurant owners to scale their business fast and efficiently. We suggest focusing on your earnings before interest and taxes (EBIT) to estimate cash flow. Manage group-wide menus from a centralised platform with performance dashboards. 1 You’ll have to share control.

Franchise 52

Franchise Franchising Cash Management Kitchen Safety 52

Apicbase

FEBRUARY 29, 2024

On the other hand, fast food restaurants are on the rise , with 0.8% Square , 2024) Get started : Restaurant Inventory Management Software for Multi-Unit Restaurants and Large-scale Catering Operations. Touchbistro , 2024) 83% of restaurants accept mobile wallets as payment methods in addition to cash and cards. billion by 2030.

2024 52

2024 Operations 2023 Loyalty Program 52

OpenTable

JULY 8, 2022

Whoever you hire must have extensive experience in working with the specific type of restaurant you’re planning to open. Depending on the structure, either you have all of the authority, or all members have the right to help manage the business. The best way to find a great attorney is to ask trusted and respected peers for referrals.

Back of House 52

Back of House Front of House Restaurant Law Fine Dining 52

Modern Restaurant Management

NOVEMBER 1, 2024

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of how restaurants are a saving grace for malls, the economic impact of Taylor Swift in town, and how influential reviews can be. Inflation (or the increased costs of goods and services) is still a top pain point for operators (15 percent).

Point of Sale 221

Point of Sale 2024 Mobile Ordering Consumer Goods 221

Open for Business

DECEMBER 12, 2023

Whoever you hire must have extensive experience in working with the specific type of restaurant you’re planning to open. Your pro forma and your capital requirements budget will help determine how much working capital you need based on when your restaurant is projected to generate positive cash flow.

Back of House 78

Back of House Restaurant Law Small Business Email Marketing 78

Modern Restaurant Management

JUNE 19, 2020

This singular focus has allowed Bloom to create a world class enterprise analytics and marketing platform that saves at-risk customers, builds and manages online reviews, while increasing customers’ frequency. Black businesses hire Black, create Black products, give to Black causes and pass down assets to Black families.”

Food Safety 362

Food Safety Customer Experience Website Management Employee Relations 362

Modern Restaurant Management

MAY 17, 2021

Local Restaurants Leading the Return Over Casual Dining Chains. Casual Dining Chains come in #2 with 52 percent likely to visit. Limited-service Restaurants, such as fast-food, were up 21.7 Early optimism is evident in a hiring spree led by restaurants & retailers expecting a major summer sales surge. percent YO2Y).

2021 504

2021 Consumer Goods Small Business 2020 504

Modern Restaurant Management

AUGUST 28, 2020

in a management role at the Officers’ Club. and joined the Marriott Corporation in 1965 to help launch its fast-food division, beginning with Hot Shoppes Jr., “The TableBoost app helps restaurants save up to 25% of the cost of managing their equipment (e.g. He married Lorraine Pietryka on Aug.

Allergens 364

Allergens Kitchen Safety Guest Recovery Customer Service 364