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.

Leadership 203

Leadership Small Business Cash Management Customer Experience 203

Modern Restaurant Management

NOVEMBER 24, 2020

Restaurant owners are being forced to find a way to make it through winter with vastly reduced revenue, and many operators are scrambling to reallocate budgets and manage staffing to survive COVID-19. Should you consider entering the food truck business? Managing cash flow can be difficult for seasonal businesses.

Cash Management 230

Cash Management Social Media Seasonal Menu SEO 230

Cheetah

NOVEMBER 4, 2021

Assemblywoman Gonzales, who initiated the bill, said they received “reports of restaurant owners losing money on food delivery app orders because of hidden fees from companies like DoorDash, UberEats and GrubHub.” Commissions are high and the competition pushes food prices and quality down. Demand More from 3rd Party Delivery Apps.

Delivery 148

Delivery Cash Management Restaurant Law Mobile Ordering 148

7 Shifts

APRIL 3, 2020

Download all the data from your restaurant POS or back-office management platform to get a sense of how your restaurant is operating today. Pro tip: Look at implementing an inventory tracking system like Xtra Chef —it might be a new cost, but it will pay for itself in better food costing. You might be thinking “what about my providers?”

BOH 368

BOH POS Influencer Point of Sale 368

Modern Restaurant Management

DECEMBER 16, 2021

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their views on trends. With more options to work outside of the hospitality industry, operators must offer employees more scheduling flexibility, facilitate transparent communication between management and team members, and avoid overworking staff.

2022 180

2022 Food Supply Back of House Kitchen Safety 180

Modern Restaurant Management

FEBRUARY 4, 2022

Unprecedented labor and supply chain pressure will drive most of the restaurant trends that will define 2022, industry analysts say. This instability will push operators to trim costs by shortening menus and investing in labor-saving technology to free up cash for wage increases. Health-Conscious Food Will Dominate Menus.

2022 218

2022 Customer Service Online Ordering Website Management 218

The Restaurant Times

FEBRUARY 22, 2022

Restaurant startup developments in recent years have included a variety of food delivery alternatives, company expansion, service innovation, extended online ordering, assemble-your-meal popup businesses, and many others. . The labour shortfall and supply chain constraints that plagued 2021 have persisted into 2022.

2022 98

2022 Front of House Cash Management Online Ordering 98

Cheetah

DECEMBER 14, 2021

For restaurant operators, shifting to plant-based ‘cash-cows’ not only makes economic sense, but it has never been easier. Consumer demand for vegan desserts is driven by a growing awareness of the impact food has on individual and environmental well-being. Alternatives Galore - Food Producers Meet Vegan Demand.

Food Supply 148

Food Supply Seasonal Menu Cash Management Pricing 148

Ken Burgin

NOVEMBER 15, 2021

The law of supply and demand applies to wine as well as commodities – as prices rise, demand goes down. In reality, your staff don’t have the time, knowledge or confidence to make recommendations – just like a food menu; the wine list has to do much of the ‘sales work’. Manage your Stock for Carrying Cost and Security.

Point of Sale 147

Point of Sale Back of House Beverage Email Marketing 147

Sling

JUNE 8, 2020

When you think about it, creating a business budget is probably one of the least exciting responsibilities of being a manager or an owner. In this article, the management experts at Sling discuss budgeting 101 and give you tips on how to build a business budget for your company, regardless of size. Essential.

Small Business 109

Small Business Cash Management Uniforms Tip Distribution 109

Lavu

JANUARY 15, 2020

Before the challenge of making a profit, you also have to identify sources of financing. Simply put, restaurant financing is the money loaned, borrowed, or sourced from an external party. The purpose of sourcing the money could be to start a restaurant, expand to a second location, or refurbish the premises. Equipment Financing.

Cash Management 78

Cash Management Equipment Small Business Front of House 78

Restaurant365

AUGUST 4, 2020

Running a successful restaurant business is all about spending your cash wisely. Integrating inventory management with accounting facilitates better inventory control. When you think of your restaurant finances, you don’t always equate it with inventory management. What is restaurant inventory management?

Inventory 78

Inventory Management Management Cash Management 78

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. State of the Plate 2020 – top foods across various cities. Top Foods of 2020. Financial Trends Insights.

2020 195

2020 Mobile Ordering Point of Sale Fast Casual 195

Modern Restaurant Management

SEPTEMBER 15, 2021

15 percent have ordered alcoholic beverages with food for delivery or takeout, on par with the 18 percent of Canadians that say they’re likely to do this. “The developments and improvements made to delivery and takeout containers, food quality and speed have made a lasting, positive impression,” says Barclay.

2021 178

2021 Loyalty Program Retail Online Ordering 178

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. The modern Kitchen Display System (KDS) will be more interactive to increase operational efficiencies and improve quality of food for the chefs and their teams.

2023 197

2023 Loyalty Program Mobile Ordering Customer Experience 197

Sling

JULY 1, 2023

5) Pick a great location When you’ve got cash in hand, it’s time to take the next step and find the spot that will soon turn into your restaurant. However, remember that you’ll need to source all of the ingredients and equipment required for each menu item. Shots showcasing your delicious food will also be a hit.

Fine Dining 78

Fine Dining Cash Management Restaurant Law Consumer Goods 78

Ken Burgin

FEBRUARY 15, 2022

The best way to manage this paradox is to have some supplier tips and tools up your sleeve – here are some suggestions. But suppliers need to promise long term goals to the farmers and companies supplying them with goods, often on a quarterly or seasonal basis – they think medium to long term. Understand the Friction.

Beverage 68

Beverage Tip Distribution Seasonal Menu Food 68

The Restaurant Times

SEPTEMBER 30, 2021

Food truck businesses have never been more popular than they are now. In 2020, we saw a significant rise in the number of food trucks. Moreover, since the COVID-19 pandemic, many customers prefer to eat from food trucks rather than restaurants as they are relatively safer. 8 Things To Consider Before Starting Up A Food Truck.

Food Truck 52

Food Truck Food License Mobile Ordering 52

The Restaurant Times

NOVEMBER 6, 2020

With an abundance of restaurant data monitoring systems, operators are now collecting and analyzing performance-related data from multiple sources to have a better understanding of their business. Let’s take a closer look at how to track data with a restaurant management system and utilize this information to increase your revenue.

Management 64

Management Management Cash Management Point of Sale 64

The Restaurant Times

JANUARY 31, 2022

Investing in skilled restaurant consulting during the start-up phase of your restaurant or food & beverage enterprise will help you reach the break-even point faster. A consultant should have a thorough understanding of the food sector as well as a genuine desire to see your company prosper. . Source: Vocal Media.

Cash Management 52

Cash Management Kitchen Safety Point of Sale Hiring 52

Modern Restaurant Management

JANUARY 12, 2022

A new survey shows that Americans love new tech-driven options for ordering and retrieving food, but the flipside is that it is making them more impatient. “As already short-staffed restaurants reopen, they are grappling with how to manage both in-person diners and deliveries, while meeting growing expectations on speed and service. .

2022 215

2022 Mobile Ordering Guest Recovery Point of Sale 215

The Restaurant Times

MAY 17, 2021

Managing Overheads. Managing overheads was, thus, one of the significant issues amidst the pandemic for cloud kitchen owners to handle. . For example, Munchbox, a healthy food delivery service based in Dubai, profited from catering to corporate clients. Commission Of Food Aggregators. Commission Of Food Aggregators.

Cash Management 52

Cash Management Food Supply Online Ordering Delivery 52

The Restaurant Times

JULY 25, 2021

This article aims to show how UK restaurateurs managed to increase restaurant sales in the new ‘touchless’ world and discuss some of their best practices. . While both options are convenient for customers, the commission charged by food aggregators like JustEast and Deliveroo is quite a bit higher than online ordering platforms.

Online Ordering 52

Online Ordering Catering Social Media Customer Service 52

Sante

APRIL 13, 2020

Restaurant sales of plant based meat substitutes increased 87% last year, according to Buyer’s Edge Platform , a restaurant supply chain company that helps operators use technology to save money and run their restaurants more efficiently. Restaurants can accomplish these goals while adding to their bottom line.

Sustainability 130

Sustainability Innovation 2019 2018 130

The Restaurant Times

OCTOBER 24, 2021

Thus, COVID-19 has accelerated the adoption of cloud kitchens in the food and beverage (F&B) industry. . The food ordering market in India is expanding at a CAGR of 16% to reach $17 billion by 2023 as per DataLabs by Inc42. Rebel Foods became a unicorn as it raised $175 million in its latest round at a $1.4-billion

Kitchen Safety 52

Kitchen Safety Online Ordering Mobile Ordering Food Order 52

The Restaurant Times

NOVEMBER 15, 2021

You work hard to train your bar staff, keep your customers happy, maintain positive distributor relationships, stay on top of your bar’s sales and inventory data, keep your establishment clean, bring in business, and reinforce the big picture of your bar, whether you’re a bar manager, beverage director, or general manager. .

Training 52

Training Bar Dietary Restrictions Point of Sale 52

The Food Corridor

MAY 22, 2020

And might be wondering what it actually means for you and your business – how will your clients safely produce food? What Will the Post-Covid World Look Like for Food Businesses? First of all, it might not be a post-Covid world, but more of a managed Covid world. Food Trucks and Caterers. Dining Out.

Food Truck 80

Food Truck Online Ordering Kitchen Safety Catering 80

BNG Point of Sale

SEPTEMBER 2, 2021

A Guide to a Restaurant’s Ideal Profit Margin for Food . Ideal Profit Margin for Food . The food business is notoriously tough. A Guide to a Restaurant’s Ideal Profit Margin for Food . 30% food costs . Food Trucks . 30% labor . 30% overhead expenses . 10% profit .

Food Truck 52

Food Truck Loyalty Program Food Point of Sale 52

ChefMod

OCTOBER 6, 2021

But, how have they managed to stay up and running so far? Automate Cost Allocation Many operators can attest to the numerous number of times they have struggled to create separate primary cost categories for their restaurants, especially Food, Beverages, and Supplies. Well, not anymore. Spreadsheets Begone!

2021 52

2021 Email Marketing Front of House Cash Management 52

Black Box Intelligence

AUGUST 5, 2021

million in April, and the accommodations and food services sector accounted for the largest increases. Restaurant labor costs are on the rise, adding additional stress to the bottom line, on top of supply chain issues and rising food costs. BLS reported that job openings reached a record high of 9.3

Recruiting 98

Recruiting 2021 Management Management 98

Modern Restaurant Management

OCTOBER 29, 2019

The featured food items will be “Big Kahuna Burger,” “Loco Moco Fries,” “The Fat Luau," top photo and “The Fat Piña Shake." and four of the ten largest global food and beverage manufacturers rely on Green Rabbit to maximize the value of their digital food delivery initiatives.

Food Supply 86

Food Supply Franchise Franchising Customer Experience 86

Black Box Intelligence

AUGUST 5, 2021

million in April, and the accommodations and food services sector accounted for the largest increases. Restaurant labor costs are on the rise, adding additional stress to the bottom line, on top of supply chain issues and rising food costs. BLS reported that job openings reached a record high of 9.3

Recruiting 71

Recruiting 2021 Management Management 71

The Restaurant Times

JUNE 22, 2021

Source: Latest Quality. Some of the strengths that restaurants might have are – an innovative menu, good location, good food quality, low prices, satisfying customer service, attractive packaging, and quirky marketing. Food festivals and charity events are also some opportunities worth exploring. .

Point of Sale 52

Point of Sale Social Media Restaurant Law Government 52

Modern Restaurant Management

JULY 20, 2021

Since this daypart has increased traffic during the pandemic, operators will need to innovate their food and beverage offerings to grow traffic. "Across “Demand is up and supply is down—and when that happens we see a huge increase in velocity,” said CGA’s client solutions director Matthew Crompton.

2021 189

2021 Guest Recovery Online Ordering Point of Sale 189

Modern Restaurant Management

DECEMBER 14, 2021

Restaurants will continue to grapple with labor shortages and supply chain disruptions throughout 2022. Managers lack the tools to properly schedule employees and plan for shifting consumer demands, and as a result, businesses are paying for redundant overworked labor, or having to manage with inadequate labor due to hiring challenges.

2022 189

2022 Food Supply Mobile Ordering Customer Experience 189

Squirrel Systems

MAY 17, 2024

Cost Management : Monitor costs, including food, labor, and overhead. Look for opportunities to negotiate better terms with suppliers and optimize inventory management. This could include offering catering services, launching a food truck, or selling branded merchandise.

Operations 52

Operations Loyalty Program Cash Management Point of Sale 52

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?” Over the next decade, a generation passionate about health and wellness will demand restaurants be transparent about food from farm to table.

Mobile Ordering 215

Mobile Ordering Front of House Fast Casual Customer Service 215