7 Shifts

JANUARY 9, 2024

A modern restaurant management system can help with compliance. If the restaurant management chooses to pay some or all of the service charge out to staff, that money counts as taxable wages, not tipped income. Managers, supervisors, and employers can’t receive funds from tip pools either.

Restaurant Law 221

Restaurant Law Cash Management Tip Distribution 2024 221

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 30, 2022

.” Automating repetitive host tasks enables a restaurant to operate with a smaller staff and help mitigate labor costs, decreasing the need to hire as many employees and freeing up resources to raise wages for current employees. Redefining the Role of the Manager. Redefining the Role of the Manager. Simplicity Is Key.

Technology 208

Technology Front of House 2023 Cash Management 208

Modern Restaurant Management

FEBRUARY 16, 2022

Modern Restaurant Management (MRM) magazine quizzed expert Kathryn Petralia, co-founder of Kabbage, an American Express Company, for her analysis on what restaurants owners need to understand about inflation. What are best practices for restaurant owners and operators to manage costs right now? How is inflation affecting food prices?

Cash Management 207

Cash Management Food Supply Seasonal Menu Social Media 207

7 Shifts

JANUARY 9, 2024

A modern restaurant management system can help with compliance. If the restaurant management chooses to pay some or all of the service charge out to staff, that money counts as taxable wages, not tipped income. Managers, supervisors, and employers can’t receive funds from tip pools either.

Restaurant Law 195

Restaurant Law Cash Management Tip Distribution 2024 195

Modern Restaurant Management

SEPTEMBER 14, 2022

You are sitting in your favorite restaurant and have placed an order on a tablet at your table. After a few seconds of placing the order, a notification appears on your messaging app. Ding* ‘Your order is being prepared by Chef Bot 19 and will be delivered to your table in approximately 19 minutes.

Front of House 211

Front of House Mobile Ordering Loyalty Program Back of House 211

7 Shifts

JANUARY 23, 2020

This advice were submitted by owners and managers of restaurants of all sizes, concepts, and locations in the forthcoming 7shifts Restaurant Labor Management Study in 2020 ( subscribe to get your copy when it’s published!). Educate yourself on costs, hiring, and the market you are in before taking the leap. Hiring/staffing ??

2020 335

2020 Hiring Cash Management Education 335

7 Shifts

JUNE 29, 2022

Put simply, franchise compliance refers to the actions that corporations, their franchisors, and their franchisees take in order to stay compliant with any applicable federal, state, and/or regional laws. That said, menu consistency helps keep food prep consistent with the same ingredients, supplies, and processes.

Franchise 370

Franchise Franchising Restaurant Law Document 370

7 Shifts

OCTOBER 22, 2021

Many restaurants are still working around hiring and staff retention struggles, meaning they may be unable to fully capitalize on the demand of the holidays. Hire Additional Staff in Time. You can reference average party size, takeout vs. on-premise orders, the popular menu items, and other key metrics to to forecast restaurant sales.

Seasonal Menu 370

Seasonal Menu Hiring Reference Mobile Ordering 370

Lavu

SEPTEMBER 29, 2023

According to the Bureau of Labor Statistics July 2023 Job Openings and Labor Turnover Summary , the number of job openings in the food services and drinking places industry was 1.9 million, while the number of hires was 1.3 This eliminates the need for manual order entry, reduces phone call volume, and can increase sales.

Loyalty Program 167

Loyalty Program Front of House Mobile Ordering Customer Service 167

Restaurant365

DECEMBER 11, 2020

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. Your total cash flow is your cash inflows (for restaurant. over a certain period of time.

2021 136

2021 Cash Management Management Management 136

7 Shifts

NOVEMBER 12, 2020

In order for new hires to perform well and stay happy in their roles, hiring managers need to pay more attention to the restaurant onboarding process. The purpose of the onboarding process is to teach new hires how to do their jobs successfully, and to catch them up on the company's culture and procedures.

FOH 307

FOH BOH Food Safety Customer Service 307

Focus POS

DECEMBER 8, 2021

During a “normal” year, restaurant owners and operators face issues such as cash flow and capital, inventory management, hiring and training and providing excellent customer service. It’s important to monitor what’s selling so managers can order more in a timely manner, ensuring the most popular choices are always in stock.

Mobile Ordering 148

Mobile Ordering Point of Sale Cash Management Online Ordering 148

7 Shifts

JULY 1, 2024

While this could be a rewarding venture, opening a bar is not exactly the same as opening a food business. A food seller's permit is also mandated if you plan on serving food. This number will identify you as an employer and officially allow you to hire staff.

Bar 221

Bar License Food Supply Restaurant Law 221

Modern Restaurant Management

MARCH 1, 2023

Is your restaurant up to speed with the latest best practices for back of house (BOH) management? Everything from decreasing food waste to exploring how automation can increase revenue for small business restaurants is related to BOH procedures. Here are some back of office trends to watch for in 2023. Two primary methods are involved.

Front of House 171

Front of House BOH Back of House 2023 171

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. They need alignment with practical operational realities and bandwidth.

Leadership 203

Leadership Small Business Hospitality Customer Experience 203

Modern Restaurant Management

DECEMBER 22, 2020

In the inaugural American Express Entrepreneurial Spirit Trendex , the study, which polled 1,000 small and mid-sized businesses in the food service and other sectors, revealed notable insights about the entrepreneurial spirit in the United States. Cash Flow Is Top of Mind. Changing their hiring and recruiting processes (47 percent).

Small Business 179

Small Business Cash Management Webinar Recruiting 179

Restaurant365

NOVEMBER 18, 2021

From hiring and onboarding to running employee payments and paying taxes, payroll touches on many different parts of a restaurant business. Your restaurant’s two largest expenses are your food and your labor costs (together, known as your prime cost). You order time in your scheduling system. Offering Same Day Pay.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

7 Shifts

DECEMBER 3, 2019

Consider looking to: Banks Merchant Cash Advances Angel Investors Friends & Family Additionally, you should be ready (and willing) to front a good amount of your own money to expand your franchise. However, opening a business can easily become a full-time job, which limits the amount of time you’ll have to manage your existing locations.

Franchise 368

Franchise Franchising Audits Point of Sale 368

Sling

AUGUST 1, 2024

Whether you hire someone to do the books for you or learn from them how to do the job yourself , consulting with a qualified accountant can help you gain a deeper understanding of the important numbers and financial processes that affect your restaurant. add another table or use smaller and more stools at the bar) in order to boost revenue.

Management 78

Management Management Cash Management Seating 78

Modern Restaurant Management

MAY 21, 2020

However, as long as you keep the spotlight on food safety – sanitization, employee health monitoring and personal hygiene, and social distancing – your restaurant won’t be a hub of contagion. You can save up on ingredients by discontinuing the more niche dishes that rarely get ordered. Hire Specialists.

Social Media 215

Social Media Food Safety Cash Management Kitchen Safety 215

Crunchtime

FEBRUARY 7, 2024

From how to set up the store before opening to how certain foods should be prepared to certain areas should be sanitized, having a standard way of doing things makes work more efficient and gives you confidence that employees will do work the right way even when you’re not there.

Operations 78

Operations Audits Cash Management Food Safety 78

Modern Restaurant Management

MARCH 19, 2021

Before coronavirus, the food service industry was the second-largest private sector employer in the United States. The time to rebuild is now, and there are a number of ways for business owners to get their hands on funding to reinvest in capital and hire back their workforce. The Impact of COVID. How to Recover.

Tip Distribution 189

Tip Distribution Government Cash Management 2020 189

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

SpotOn

JUNE 27, 2024

Little did I know at 16 years old, when I first dreamed of owning a restaurant, that I’d spend more time worrying about paying vendors, managing cash flow, building a tech stack, or restaurant management. I was never going to take a day off unless my managers took ownership of running the restaurant on their own.

Management 52

Management Management Front of House Back of House 52

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. Restaurants will continue to embrace digital on-premise, including mobile ordering and payment at the table, to streamline operations and improve the guest experience.

2023 197

2023 Loyalty Program Mobile Ordering Customer Experience 197

Cheetah

JUNE 25, 2021

The problem is not just with hiring. Hire less people. If you haven’t already, it’s time to upgrade to a wholesale food supplier that has an easy to use app alternative and next-day delivery, freeing up your employees to do the things that really matter. Table of Contents. Better Way to Get Supplies. Flexible scheduling.

Front of House 147

Front of House Back of House Guest Recovery Hiring 147

The Rail

MAY 1, 2023

However, recent trends suggest that ghost restaurants are a unique and low-cost opportunity for investors looking to enter the food industry or existing operators looking to expand their business into other cuisines. This allows for improved focus on the quality of food, variety in menu items, better packaging, and improved delivery services.

Cash Management 59

Cash Management Mobile Ordering Online Ordering Customer Service 59

Restaurant Engine

DECEMBER 9, 2020

People love your food, and they want it outside your restaurant, too. You have a restaurant, and people already love your food. The most important thing to consider is whether or not you have the resources to manage the added work. Things to think about include: Who will manage the catering operations? Extra Services.

Catering 113

Catering Website Management Seasonal Menu Food Supply 113

Modern Restaurant Management

SEPTEMBER 15, 2021

Hiring Crisis Facts. Alignable’s September Hiring Poll shows that the labor shortage many industries have experienced this summer is only getting worse, due to Delta variant surges and inflation. Among beauty shop owners, 59 percent struggled to hire help in July. In July, 47 percent couldn't hire enough employees.

2021 178

2021 Retail Loyalty Program Online Ordering 178

Cheetah

DECEMBER 2, 2021

A good system will also help staff manage their personal cash flow. Their functionality suite is broad and they offer custom handheld devices for ordering and payment processing. Toast aims to be a one-stop-shop for all the digital needs of a restaurant, from the Point of Sale to the cash drawer.

Cash Management 78

Cash Management Restaurant Law POS Employee Relations 78

Cheetah

DECEMBER 1, 2021

A good system will also help staff manage their personal cash flow. Their functionality suite is broad and they offer custom handheld devices for ordering and payment processing. Toast aims to be a one-stop-shop for all the digital needs of a restaurant, from the Point of Sale to the cash drawer.

Cash Management 78

Cash Management Restaurant Law POS Employee Relations 78

7 Shifts

NOVEMBER 16, 2021

Food runners. Additionally, in order to take advantage of this new option, restaurants must pay employees the full minimum wage themselves, rather than benefiting from any tip credit. 10% for the food runner, or $10. Fast Food Restaurants. Bartenders. Hosts & hostesses. 15% for the bartender, or $15.

Tip Distribution 195

Tip Distribution FOH Front of House Restaurant Law 195

EATER

MAY 3, 2021

Last summer, she quit her job at a New American restaurant in Chicago where she had worked as a manager and sommelier since 2017. He said I abandoned him and that he couldn’t trust me [or] see me as a manager anymore.”. When she came back, she noticed a shift in the way her employers treated her. “I

Back of House 145

Back of House Cash Management Kitchen Safety Insurance 145

Restaurant365

MARCH 10, 2022

With food costs running at approximately 30% or higher, learning importance of inventory management and how to prevent common mistakes is critical in successfully driving down costs and maximizing profits. Actual Food Cost (COGS). Theoretical Food Cost. Failing to Streamline the Ordering Process. Order on time.

Inventory 78

Inventory Management Management Merchandise 78

Hot Schedules

MARCH 27, 2020

In this fearful and uncertain time, there is a variety of ways that patrons can support the people at the heart of the restaurant industry — buying gift cards from your favorite restaurants, ordering take-out or delivery, donating to GoFundMe campaigns. James Beard Foundation Food and Beverage Industry Relief Fund. Related Posts.

Employee Relations 148

Employee Relations Cash Management Beverage Restaurant Law 148

The Restaurant Times

JUNE 1, 2022

Most people start a new restaurant based on their passion for food and hospitality. They aim to hire the best cook and offer great customer service but often fail. While setting up a restaurant accounting system, you should consider the following things: Hire an Accountant. It ultimately leads to the failure of the restaurant.

Operations 52

Operations Cash Management Employee Relations POS 52