Embrace the Suck

APRIL 26, 2020

To get you started down the KPI Mastery path, let’s start with the basic metrics: Cash Flow. Cash flow is simply the amount of money going in and out of the restaurant. It’s essentially how much cash you have on hand. Cash flow = Cash input - cash output. Allow me to help you manage your KPIs.

Cash Management 435

Cash Management Point of Sale Inventory Bar 435

Modern Restaurant Management

FEBRUARY 27, 2023

Restaurant365’s State of the Industry Customer Survey shows that 60 percent of surveyed customers plan to expand their businesses in 2023 despite expected increased labor and food costs. It is important to consider if the first location has the cash flow to help financially carry the second location for a period of time if needed.

Cash Management 189

Cash Management Point of Sale Inventory Email Marketing 189

Modern Restaurant Management

SEPTEMBER 15, 2023

Process Payments for Non-Cash Transactions In a digital age, a lot of people use cards instead of cash – but they can't do that if your POS system isn't working. Your delivery management and online ordering will also be impacted. The result is lost revenue and unhappy guests.

POS 208

POS Front of House Cash Management Online Ordering 208

Modern Restaurant Management

FEBRUARY 9, 2023

Whether customers are meeting their friends for an evening out or they’re placing an order for take-out for their at-home festivities, food establishments can expect to see an uptick in business this weekend. With margins crunched during a tough economic environment, it’s even more important for businesses to reduce cash loss.

Cash Management 164

Cash Management Transportation Recycling Small Business 164

Modern Restaurant Management

SEPTEMBER 27, 2023

For restaurant owners, there are a number of issues in their workplace keeping them up at night and hindering them from successfully managing and operating their restaurant efficiently. Money and Inventory Management The profitability of a restaurant depends on the careful management of cash flow.

Cash Management 207

Cash Management Restaurant Law Food Safety Point of Sale 207

Modern Restaurant Management

AUGUST 2, 2023

In the demanding world of the restaurant industry, success is not solely reliant on exceptional food and service. Inventory, Ingredient Costs, and Seasonality Inventory management and controlling ingredient costs are critical for any restaurant's profitability.

Menu 167

Menu Cash Management Seasonal Menu Influencer 167

Culinary Cues

MAY 13, 2023

Each of those “departments” will require some level of unique kitchen management (sous chef) and specialists to support the uniqueness of function. As an example – garde manger really only exists in these types of properties where cold food can rule the day with banquets and special events.

Hotels 431

Hotels Point of Sale Cash Management Training 431

7 Shifts

OCTOBER 30, 2023

But restaurant owners, managers, and employees need to be aware of the labor laws and protections in place in the Sunshine State, like Florida’s unique approach to the minimum wage— which is steadily on the rise. Food safety training Florida law (specifically, F. Premier Food Safety’s Florida Food Handlers Card - $6.95

Restaurant Law 221

Restaurant Law Certification Food Safety Cash Management 221

Modern Restaurant Management

JANUARY 8, 2024

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits.

2024 215

2024 Loyalty Program Cash Management Customer Experience 215

7 Shifts

NOVEMBER 18, 2022

More tip management resources. tip credit, meaning the minimum cash wage for overtime hours increases at a higher percentage than regular wages. leaves a minimum cash wage of $5.76 ($10.88 - $5.12). Therefore, the minimum cash wage for overtime increases by $3.63, and the restaurant must provide $57.60 ($5.76

Cash Management 195

Cash Management Restaurant Law Back of House Customer Service 195

Modern Restaurant Management

APRIL 17, 2023

Mobile Order Applications Mobile smart order apps for waiters help to speed up the service and manage the orders right at the guest’s table. The application supports the function of ordering with a car plate number as well that opens more opportunities for food services in the fast-food industry.

Mobile Ordering 207

Mobile Ordering Cash Management Online Ordering Front of House 207

Future Food

OCTOBER 5, 2021

EMBRACING CHANGE TO SURVIVE AND MAXIMISE FOOD SERVICE SALES. The prolonged closures on food and beverage venues have ranged from hard to devastating, not just from a sales perspective, but on the lives of hospitality workers and their families. let’s be clear from the beginning, the new normal, is not normal as we know it.

Food 144

Food Café Customer Service Communication 144

Modern Restaurant Management

APRIL 18, 2023

Mark Brezinski has been heralded as "the father of Dallas’ fast casual food scene" He has opened more than 50 restaurants in the DFW area including Pei Wei Asian Diner, Bengal Coast, Velvet Taco and his newest venture Bizzy Burger Merchants. What impact do you feel you’ve had on Dallas’ food scene?

Fast Casual 167

Fast Casual Casual Food Book 167

Modern Restaurant Management

APRIL 27, 2020

Consider the following in your risk management and business continuity programs: Use of Food Delivery Services vs. Company Employees – By using a hired food delivery service, a restaurant can reduce the chance of employees having an accident by using their cars or the owner’s vehicles.

Delivery 153

Delivery Hiring Transportation Food Safety 153

7 Shifts

NOVEMBER 17, 2021

To adequately prep for service, short-staffed food and drink establishments are cooking up new ways to lure workers back to restaurants, like higher wages and handsome referral fees. Enter 7shifts , a scheduling and team management app that simplifies the payday processes that typically run restaurateurs ragged. On-demand Pay.

Cash Management 370

Cash Management Employee Relations Hospitality Innovation 370

EATER

FEBRUARY 17, 2023

Walmart When we buy food off of TikTok, what are we getting, really? From the creator fund to sponsored content and upstart new businesses seeking to capitalize on a newly massive social media following, influencers are cashing in. And in an increasingly common number of instances, these ventures involve making and selling food.

Social Media 101

Social Media Influencer Food Kitchen Safety 101

Clover - Restaurants

MAY 3, 2024

Recent surveys confirm the importance of cleaning and sanitizing in food industry establishments for building customer confidence and in influencing diner choice. City and state health departments monitor local restaurants to ensure they’re following food safety management program guidelines.

Kitchen Safety 52

Kitchen Safety Food Safety Food Food Supply 52

Modern Restaurant Management

SEPTEMBER 1, 2023

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. Always date and label everything.

Inventory 180

Inventory Management Management Cash Management 180

EATER

SEPTEMBER 25, 2023

For when you want to read about food, not just eat it. And if you’re looking for a novel or some nonfiction that will make you hungry, this fall’s line-up of new releases offers a real bounty of food-related reads that will satisfy any appetite. This guide to fall’s best books for food lovers includes binge-worthy fiction like C.

Book 145

Book Food Workshop 2023 145

7 Shifts

MAY 25, 2020

each surface that comes into contact with food, and any supplies or equipment that’s used through the day. If you’re using a task management app like 7tasks , ensure that each task is assigned to a specific person to enforce accountability—and have your managers check the task list progress throughout the shift.

FOH 338

FOH BOH Kitchen Safety Cash Management 338

Culinary Cues

JULY 14, 2023

If you are making a cash deposit – take an extra few seconds to make sure the bills are facing in the same direction, and not bent, properly counted, and double checked for accuracy. Then go about finding out how to be a world-class dishwasher, breakfast cook, prep cook, grill person cooking hot dogs, server, bartender, chef, or manager.

Cash Management 304

Cash Management Uniforms Food Supply Café 304

The Food Corridor

NOVEMBER 23, 2021

People are eating more and craving comfort foods during the winter months. With ordering takeout and food for delivery at an all-time high already, the cold winter months only exacerbate the trend – as most people are going out less in the cold weather. The nights are drawing in and temperatures are dropping across the United States.

Food 98

Food Seasonal Menu Catering Cash Management 98

Culinary Cues

AUGUST 7, 2021

STATE OF MIND: Many are approaching this challenge as a roadblock to success, something that is preventing restaurants from finally getting their groove back and watching cash flow exceed the cost of doing business. This was evident in news articles, books, television, movies, and blog posts, and a 24/7 food network.

Social Media 474

Social Media Cash Management Blog Equipment 474

Modern Restaurant Management

DECEMBER 30, 2022

Restaurants, like Los Angeles’ Blu Jam Cafe , have embraced QR codes to navigate a limited front-of-house staff, allowing diners to view the menu, order and pay, and enabling front-of-house staff to focus on food running and seating. Redefining the Role of the Manager. Simplicity Is Key.

Technology 208

Technology Front of House 2023 Cash Management 208

7 Shifts

NOVEMBER 17, 2021

Both situations could have been prevented with proper restaurant inventory management, which gives restaurant operators better oversight over what's in stock and how it is used. You'll also be less likely to order too much of any ingredient, which leads to food waste. The Best Restaurant Inventory Management Software.

Inventory 370

Inventory Management Management Point of Sale 370

Modern Restaurant Management

JANUARY 27, 2023

Having a passion for food isn’t enough to run a restaurant. It takes a lot to become an entrepreneur including learning actively from mistakes, understanding operations, and managing finances. Many entrepreneurs who are new to the business might not consider issues like cash availability, inventory costs, and overhead costs.

Cash Management 180

Cash Management Document Inventory Presentation 180

7 Shifts

SEPTEMBER 7, 2021

But that doesn't mean it's any easier to make great money in the food and service industry. percent to help offset rising food costs and inflation. If you don't want to ask guests to pay a small amount more, you can maintain menu prices and make changes behind the scenes to save on food costs. in 2019 and $18.26

Tip Distribution 370

Tip Distribution 2021 2019 Cash Management 370

The Restaurant Group

MARCH 11, 2024

Managing a restaurant involves so many moving parts, including sourcing high-quality ingredients, purchasing a seemingly endless list of supplies, managing staffing and scheduling, and budgeting for a profitable restaurant – all within a set budget. One example is our restaurant remote management service.

Management 78

Management Management Cash Management Insurance 78

Modern Restaurant Management

SEPTEMBER 29, 2022

These tips for managing aggressive customers can take you from the beginning of a conflict to a peaceful and amicable resolution. Listen to them and apologize if they are unsatisfied with the food or service. Remember, humility is an investment in customer management because they deserve extra personal attention. I would be too.

Cash Management 197

Cash Management Customer Service Food Safety Restaurant Law 197

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

Modern Restaurant Management

OCTOBER 21, 2022

Rapid inclination of restaurateurs to adopt POS software for better management of operations will complement the restaurant POS terminals market by 2027. Restaurant point-of-sale (POS) terminals are steadily replacing the now obsolete cash registers used in restaurants. Booming Fast-Food Restaurant Space.

POS 179

POS Marketing Point of Sale Cash Management 179

Modern Restaurant Management

APRIL 7, 2023

This is especially true in the food service industry. Restaurant equipment directly affects the customer experience and operating efficiency from the quality of food offered, the food preparation time and the front and back of house staff levels required to properly service the customer.

Cash Management 100

Cash Management Equipment Front of House Small Business 100

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.

Front of House 171

Front of House BOH Back of House 2023 171

7 Shifts

JUNE 29, 2022

In addition to franchises' obligation to follow their state's regulations for food, health, and wages, some states and cities have specific fees and laws that franchise businesses must follow. That said, menu consistency helps keep food prep consistent with the same ingredients, supplies, and processes. State Law Compliance.

Franchise 370

Franchise Franchising Restaurant Law Document 370

Future Food

MARCH 23, 2021

Most industries and sectors are seeking ways to ensure the customer experience is enhanced and a lot of responsibility is being placed firmly on the shoulders of food and hospitality to achieve this. Enter the subject matter experts , who can provide the insight, proficiency and networks to help you realise your goals and objectives.

Food 78

Food Cash Management Catering Hospitality 78

Restaurant Engine

JANUARY 26, 2022

Pay attention to all of your costs when looking at food service financing solutions. For your food service business, the bottom line represents success, and it represents the continuation of your business. In this article we look at how to improve your food service bottom line with these seven financing solutions. #1:

Cash Management 59

Cash Management Food Website Management Inventory 59

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