Restaurant365

APRIL 1, 2020

Tracking and understanding your restaurant’s cash flow is essential, whether business is booming, or times are tough. A healthy, positive cash flow is necessary to pay your bills and grow sales. Monitoring your cash flow is more important than ever during the COVID-19 outbreak. How to calculate restaurant cash flow.

Cash Management

Modern Restaurant Management

AUGUST 19, 2020

Modern Restaurat Management (MRM) magazine is collaborating with the team at MarketScale on The Main Course , a podcast that aims to explore the intense and competitive modern restaurant industry. "We Barbara Castiglia , MODERATOR – Modern Restaurant Management. US Foods Ghost Kitchens. US Foods Holding Corp.

Kitchen Safety

EATER

AUGUST 20, 2024

Lille Allen Brands like Fly By Jing and Bachan’s are reaching a whole new audience from the shelves of the ultimate big-box store The last decade or so has been a golden era for cool food products sold directly to consumers online. Since the launch, the company has seen consistent sales increases at the retailer month-over-month.

Retail

7 Shifts

JULY 20, 2024

Components of a restaurant’s financial report The food and beverage sales report, prime costs report, inventory report, profit and loss (P&L) statement, and cash flow statement are all critical components of a restaurant's financial management.

2024

Deliverect

MARCH 17, 2020

Governments all over the world have been ordering restaurants, bars and other food businesses to close up shop - until further notice. So how can the food industry try to keep its head above water during these difficult times, and how can consumers continue to support their local food and hospitality businesses?

Online Ordering

7 Shifts

JULY 25, 2024

One of the best things to do is to find additional revenue streams to supplement your core food and beverage sales. You can then accept cash payments upon delivery, which is helpful for local restaurants with limited budgets. This way, you reduce food waste and generate revenue from products that would otherwise go unused.

2024

Modern Restaurant Management

FEBRUARY 21, 2020

Modern Restaurant Management (MRM) magazine's People & Places column features news of company hires and promotions, charitable efforts and product introductions. Throughout their three-decade history, the Beard Awards have both sparked and reflected trends in America’s food culture. As the first sushi chain in the U.S.

Brewery

Modern Restaurant Management

MAY 12, 2020

The company is exploring collaborations with corporate partners and charities, as well as merchandise sales, to keep its mission alive. "When The restaurants that have hosted relief centers in those areas will be receiving the food and helping to select which other restaurants will be receiving the food as well.

Mobile Ordering

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

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. Checkers & Rally’s will continue its tradition of putting the customer first and serving its communities by delivering high quality, craveable food at exceptional values.

Franchise

Cheetah

AUGUST 17, 2021

As restaurants continue to explore new revenue streams in an ever-changing environment, restaurant merchandise is stealing the limelight as an innovative, fun product that does wonders to your bottom line. It is estimated that over 25 billion dollars will be spent in 2021 on physical promotional merchandise. Reading Time: 4 minutes.

Merchandise

Restaurant Clicks

SEPTEMBER 18, 2020

Owning any business is a complicated venture, but the food industry is particularly competitive. Food trucks are becoming an increasingly trendy way to sell food, and for good reason. By managing to successfully run a food truck, you cut a lot of maintenance, utility, and wage expenses that come with owning a restaurant.

Food Truck

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. Manage inventory levels. Theoretical Variance. Mistake #3.

Inventory

Perfect Daily Grind

OCTOBER 7, 2022

The company says funding will be used to provide Nescafé suppliers with more training on climate-resilient farming techniques, as well as providing cash incentives to producers who adopt these practices. million) fund, which aims to reduce single-use food and beverage packaging. La Marzocco opens new hub in Singapore. million (US $1.56

Sustainability

Lavu

MARCH 27, 2020

The words “restaurant management system” rarely cause excitement. Food is fascinating, and dining out often leads to cherished memories, but a restaurant’s transaction system does not make it into those memories. There’s a reason there are millions of food photos on Instagram and just a few thousand of point of sale systems (POS).

Point of Sale

BNG Point of Sale

JUNE 19, 2020

Point of sale systems already bring in money, because unlike a traditional cash register, the ability to take credit cards will increase the likelihood a customer will make a purchase. Additionally, you can manage inventory, and maintain live updates from each of your locations anywhere you are, all on one merchant system.

Point of Sale

The Restaurant Times

AUGUST 31, 2020

All restaurateurs in Saudi Arabia must calculate their food costs and make appropriate changes in the menu pricing to optimize the overall costs and decrease wastage. However, calculating the food cost isn’t an easy task. Often, most restaurant owners are unaware of how to use the correct food cost formula. X 100= 25%.

Inventory

Notch

JANUARY 23, 2019

For example, fast-food margins can be much higher than full-service restaurants. And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. Spend Less Money on Food Restaurateurs who are serious about increasing their profits must conduct a complete supply-chain audit.

Email Marketing

Clover - Restaurants

MAY 30, 2024

Lastly, by offering additional services like catering or selling merchandise, restaurants can more efficiently use their existing kitchen space, staff, and inventory, maximizing their resources throughout the day or week. Merchandise Selling hats, tote bags, and t-shirts with your restaurant name has two benefits.

Merchandise

Rocket Fuel

JULY 12, 2022

Managing any business requires some number crunching, but when it comes to tracking profits, few businesses are as complex as restaurants. Restaurant owners need to track a plethora of different revenues and costs, from food cost percentage to payroll to rent and more. If you sell merchandise, list that too.

Cash Management

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

Notch

JANUARY 23, 2019

For example, fast-food margins can be much higher than full-service restaurants. And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. Spend Less Money on Food Restaurateurs who are serious about increasing their profits must conduct a complete supply-chain audit.

Email Marketing

Touch Bistro

JUNE 17, 2021

A POS terminal is the electronic device that your POS software runs on and features a digital interface that staff can use to manage transactions. While barcode scanners are more frequently associated with retail businesses, they are often used by restaurants as well – especially those that sell prepackaged foods or merchandise.

POS

BNG Point of Sale

JUNE 19, 2020

Point of sale systems already bring in money, because unlike a traditional cash register, the ability to take credit cards will increase the likelihood a customer will make a purchase. Additionally, you can manage inventory, and maintain live updates from each of your locations anywhere you are, all on one merchant system.

Point of Sale

Touch Bistro

MAY 6, 2021

We’re covering how to properly clean your POS, thermal printer, router, barcode scanner, and cash drawer. Not to mention, if you have an integrated restaurant management system, your POS controls the rest of the technology in your restaurant – making it even more critical for your iPad to run smoothly. How to Clean a Cash Drawer.

Technology

Notch

FEBRUARY 26, 2019

As a business owner, you probably know that revenue management is one of the keys to success. But, if you have a cash flow problem, do you know how to diagnose and solve it? Restaurant revenue management comes down to three main factors: traffic, sales and service. Selling merchandise at your location.

Management

BNG Point of Sale

JULY 16, 2021

It is one of the most vital key performance indicators (KPIs) for any type of establishment with food – which makes sense because without this crucial information there would not be enough revenue coming in from customers each day (or week). What Is Restaurant Revenue? Average Restaurant Revenue for a Second Location.

Point of Sale

Notch

FEBRUARY 26, 2019

As a business owner, you probably know that revenue management is one of the keys to success. But, if you have a cash flow problem, do you know how to diagnose and solve it? Restaurant revenue management comes down to three main factors: traffic, sales and service. Selling merchandise at your location.

Management

Apicbase

JUNE 16, 2023

In practice, however, successfully managing a group of busy restaurants is an awfully tough undertaking. The metrics and calculations in this list will help you bring order to the chaos and manage the performance of each unit in the chain. In theory, it sounds easy. Why Are Metrics Important?

Point of Sale

Mad Mobile

MARCH 8, 2024

They don’t have to wait for a server, and they don’t have to feel rushed to cash out at the end of their experience. Most systems give you access to real-time data about your inventory and integrate with business apps that help you with restaurant management duties. Tableside ordering gives consumers control over their own experience.

Ordering

Modern Restaurant Management

AUGUST 28, 2020

in a management role at the Officers’ Club. He began his life-long career in the hospitality business at the food service division of Stouffer in Newark, N.J., and joined the Marriott Corporation in 1965 to help launch its fast-food division, beginning with Hot Shoppes Jr., He married Lorraine Pietryka on Aug. Sedgwick St.,

Allergens

Modern Restaurant Management

JULY 27, 2020

Interest for alcohol-related experiences has increased since June 1, relative to other food activities, with a rise in consumer interest for wineries (up 51 percent), cideries (up 39 percent), breweries (up 24 percent) and distilleries (up 19 percent). Sanitation and food safety have never been more important.

Franchising

Restaurant365

MAY 7, 2020

General managers and restaurant owner/operators should create checklists for crew and managers to use during their shifts. Ensure proper training for food employees with new or altered duties and require that they apply the training according to established procedures. Managing Food Pick Up and Delivery.

Food Safety

EATER

MAY 22, 2020

Whole Foods photo, Brooks Kraft LLC/Corbis via Getty Images; illustrations, zuperia /Shutterstock. But in case you do have a choice as to where you can shop, consider the following: Whole Foods. Whole Foods photo, Alastair Wallace /Shutterstock; illustrations, zuperia /Shutterstock.

Employee Relations

RGU

OCTOBER 12, 2019

The stock is up 28% so far in 2019 and the latest results seem to have met the already high expectations investors have for the snack-food giant. The Frito-Lay business, which comprises the company's snack food brands in the U.S. Management noted strong growth in core brands, such as Doritos, Cheetos, Ruffles, and Fritos.

Cash Management