Remove Cash Management Remove Food Truck Remove Inventory Remove POS
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How to Avoid the Top Seven Restaurant Inventory Management Mistakes

Modern Restaurant Management

Inefficient restaurant inventory management practices, improper storage, gaps in inventory logs, theft, and waste can cause even the most successful kitchens to struggle or fail. Below are the top seven inventory management mistakes restaurants are making, and how to correct them.

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What is a POS system in a restaurant? Plus, how to choose one

Open for Business

If you’re a relative newbie to the restaurant industry or a die hard traditionalist, you may be wondering what a POS system is for a restaurant. POS stands for point of sale, and it refers to the transactional moments when a guest orders and pays for their meal. What is a POS system for a restaurant? Food trucks.

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8 Things To Pay Attention To Before Starting Up A Food Truck

The Restaurant Times

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. Think About What You Like .

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Everything to Know about Restaurant Point of Sale Software

Focus POS

What is restaurant point of sale (POS) software? It’s a system that takes the place of a traditional cash register and provides much more than basic transaction functionality. Restaurant point of sale software empowers businesses to control labor costs, manage inventory, and have deeper visibility into business operations.

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6 Restaurant POS Features that Improve the Customer Experience

Next Restaurants

Your point-of-sale (POS) system should evolve as your customer base transitions into more of a “cashless society.” The quality of your restaurant’s POS system can make the difference between profit and loss. A modern POS system is an excellent solution to fill any gaps in your business’s customer service. Let’s get started!

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4 Steps to Digitizing Your Restaurant Business

Harbor Touch

Here are 4 steps on how to digitize your restaurant: 1 – Installing Modern POS Machines. If you’re running a restaurant, you undoubtedly have a POS system in place already. It’s virtually impossible to get by without one unless it’s a tiny restaurant, or perhaps a food truck. 4 – Updating Accounting Practices.

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How To Calculate a P&L Statement For Your Restaurant

BNG Point of Sale

Cost of goods sold (CoGS): This is your cost for all food, drinks, and anything else you sell, such as T-shirts and hats. Food and drink inventory costs need to include the ingredients costs per meal or per drink. CoGS Percentage: Take your CoGS total and divide it by the food sales. Food Trucks: 6 to 9% .