Modern Restaurant Management

APRIL 11, 2022

Of these, one of the biggest challenges facing independent, franchised and fast-casual restaurants is staffing. percent increase in average US hourly wages in 2021, specifically noting a rapid rise in wages for leisure and hospitality workers. A good starting point for addressing many issues is use of a manager’s log.

Healthcare 508

Healthcare Cash Management Social Media Communication 508

Modern Restaurant Management

SEPTEMBER 14, 2022

Competition : The pandemic significantly affected the restaurant and hospitality industries. AI can assist restaurants in optimizing how they manage and operate menus to increase margins. But they have tons of cash to burn on such gimmicks, right? How can a smaller restaurants compete with that? Role of AI in Back of House.

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Front of House Mobile Ordering Loyalty Program Back of House 528

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 539

2024 Loyalty Program Cash Management Customer Experience 539

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 128

Cash Management Management Management Point of Sale 128

Modern Restaurant Management

OCTOBER 19, 2023

It’s hard to escape the continuing boom in restaurant franchises. Quick-serve brands are leading the trend, and not just for restaurants, but for franchises overall. Even experienced operators know that navigating the compliance requirements laid out by each state’s franchise registration rules isn’t easy.

Insurance 251

Insurance Franchise Franchising Document 251

Modern Restaurant Management

MARCH 11, 2020

US Foods Holding Corp.entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management, Inc. NYSE: APO) (the “Apollo Funds”) for $970 million in cash.

Bar 386

Bar Cash Management Loyalty Program Point of Sale 386

Modern Restaurant Management

DECEMBER 21, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their perspection on 2020: What lessons did you learn and what do you feel the restaurant industry learned this year? Rick Camac Dean, Restaurant & Hospitality Management at ICE (Institute of Culinary Education). Here are their responses.

2020 450

2020 Online Ordering Customer Experience Cash Management 450

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. The Main Course. Space is limited, so click here to register.

Kitchen Safety 515

Kitchen Safety Loyalty Program Delivery Seating 515

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 450

2022 Food Supply Back of House Kitchen Safety 450

Modern Restaurant Management

SEPTEMBER 15, 2020

Hospitality Recovery Coalition. The Distilled Spirits Council of the United States (DISCUS) announced the formation of the Hospitality Recovery Coalition with the goal of supporting on-premise partners, including restaurants, bars and distilleries, facing harsh economic impacts due to the COVID-19 crisis. NAB Acquires SALIDO.

Fast Casual 405

Fast Casual Casual Menu Mobile Ordering 405

Paper Chase Accountancy

MAY 22, 2025

From setting up a system, managing labor costs, to forecasting and financial strategy, it’s all covered here. Key Takeaways Establishing a comprehensive restaurant cost accounting system is crucial for tracking profits, managing cash flow, and ensuring financial health. But what’s the real kicker?

Cash Management 52

Cash Management Franchise Franchising Tip Distribution 52

Modern Restaurant Management

JANUARY 12, 2022

The pandemic has permanently altered the consumer-restaurant relationship with operators investing in technology and real estate to align with changing consumer preferences, according to the 2021 Restaurant Franchise Pulse survey, conducted by TD Bank. " Restaurant real estate changes to align with consumer preference.

2022 539

2022 Mobile Ordering Guest Recovery Point of Sale 539

Modern Restaurant Management

AUGUST 17, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features consumers' dining desires, the power of personalization and the untapped opportunity in localized marketing. 45 percent of those surveyed coordinate marketing efforts between corporate marketing teams and local franchise owners.

2020 493

2020 Mobile Ordering Loyalty Program Food Safety 493

Rocket Fuel

NOVEMBER 19, 2024

Back-of-House (BOH) Systems: BOH platforms offer streamlined inventory management, staff coordination and kitchen operations tracking. Payroll Portals: Payroll platforms track employee hours, manage schedules and process payments seamlessly. Even the best meals and hospitality aren’t enough to save an eatery that can’t turn a profit.

Operations 52

Operations BOH Franchise Franchising 52

EATER

JUNE 29, 2022

The most hospitable people on Earth are the Afghan people. Instead, you’ll find a much smaller digital menu backlit above the cash register, soda fountains have replaced the cooler behind the counter, and there are stiff new vinyl booths. The most hospitable people on Earth are the Afghan people. Anybody can open a Kennedy.”

Franchise 246

Franchise Franchising Cash Management Food Order 246

Modern Restaurant Management

MARCH 24, 2020

Brands acquired all of the issued and outstanding common shares of The Habit Burger Grill for $14 per share in cash or a total of approximately $375 million. Brands funded the transaction using cash on hand and available borrowing capacity under its credit facilities. Brands’ portfolio of global restaurant brands. ” Yum!

Food Supply 253

Food Supply Kitchen Safety Food Safety Cash Management 253

7 Shifts

AUGUST 18, 2024

Buying into a franchise can be a good option because it provides support and brand recognition. Specialty bars focus on a particular type of drink or theme, such as wine bars or cigar bars, but can be much more expensive to manage. Hiring a Strong Team You'll need a manager, bartenders, waiters, and security.

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Bar License Email Marketing Customer Service 370

Modern Restaurant Management

DECEMBER 27, 2019

Sebastien has a tremendous track record for assisting some of the most revered hospitality businesses' experience remarkable growth, and I could not be more thrilled to have him by my side as we begin an exciting new era of Daniel Boulud restaurants." I am honored to now be working with him so closely. " PFG Wins FTC Approval.

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Mobile Ordering Customer Service Customer Experience Point of Sale 309

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?” Elo’s Sonal Apte, vice president of retail and hospitality. Store schedules and labor management.

Mobile Ordering 539

Mobile Ordering Front of House Customer Service Customer Experience 539

Modern Restaurant Management

NOVEMBER 11, 2019

“When you think about hospitality, hotels are regularly the first thing that comes to mind. The purchase price of $42 million for Restaurant Magic will be financed primarily through cash and equity. A restaurant open late (38 percent). Third-party reviews that note exceptional service at their restaurant (21 percent).

Travel 297

Travel Food Hotels Loyalty Program 297

Modern Restaurant Management

JANUARY 9, 2020

parent company of fast-casual restaurant chain The Habit Burger Grill, for approximately $375 million in a cash transaction. Founded in 1969, The Habit Burger Grill operates nearly 300 company-owned and franchised restaurants across the United States and in China. and will continue to be managed by Russell Bendel, president and c.e.o.,

Fast Casual 282

Fast Casual Online Ordering Customer Service Employee Relations 282

Modern Restaurant Management

MARCH 30, 2020

To help managers limit the number of people in their store at one time, party sizes and shopping windows will vary depending on the business. We hope this new solution provides similar support for retailers and grocers to help them safely manage the influx of shoppers.” Bindi Offering At-Home Delivery.

Food Safety 251

Food Safety Food Order Technology Social Media 251

Modern Restaurant Management

MARCH 25, 2020

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. Qualified Businesses Include but not Limited to: Restaurants Independent or Franchise. Grocery Stores. Liquor Stores. And Others.

Online Ordering 289

Online Ordering Insurance Mobile Ordering Website Management 289

Modern Restaurant Management

OCTOBER 29, 2019

.” Purpose-built to serve the e-commerce industry, Green Rabbit was initially founded as Candy.com and managed primarily temperature-sensitive, confectionery products. By leveraging its own proprietary algorithms, Green Rabbit ensures that all orders are managed and packaged appropriately, resulting in 99.9% in Chicago.

Food Supply 216

Food Supply Franchise Franchising Customer Experience 216

Modern Restaurant Management

MARCH 16, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features some surveys surrounding Coronavirus and the restaurant industry, the best locations for chefs, online payment fraud and top trends for QSRs. COVID-19 Foot Traffic at QSRs. Top Trends Impacting QSRs. ”-Says the Report Analyst.

Mobile Ordering 305

Mobile Ordering Online Ordering Point of Sale POS 305

MBB Hospitality

SEPTEMBER 12, 2019

Have you been considering getting into the restaurant franchise business , but not sure if this is the right time to do it? Is restaurant franchising on the rise in 2019? They projected that the number of franchise establishment would increase by 2.6 Are you primed for success? percent this year. Tax Cuts and Jobs Act.

Franchise 40

Franchise Franchising 2019 Cash Management 40

The Restaurant Group

JULY 11, 2024

A feasibility study helps you assess the viability and profitability of a proposed hospitality venture. Benefits of Investing in a Feasibility Study Even large franchises backed by celebrities have been known to fail. Factor in operational and marketing expenses, and you’ll quickly realize how much cash your business needs.

Cash Management 88

Cash Management Transportation Website Management Entertainment 88

Aaron Allen & Associates

MAY 10, 2024

In an era where capital efficiency and strategic growth have never been more crucial, Real Estate Investment Trusts (REITs) emerge as pivotal players in transforming the real estate landscape of the hospitality industry. grow through franchising. This shift can lead to better overall performance and customer satisfaction.

Hospitality 52

Hospitality Fast Casual Cash Management Hotels 52

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

MBB Hospitality

AUGUST 5, 2024

From retail to restaurant management, the right inventory solutions can make a significant impact on profitability and customer satisfaction. Below, we explore various types of inventory services and how businesses can leverage them to better business management and even excel in franchise management settings.

Inventory 52

Inventory Audits Franchise Franchising 52

Restaurant365

SEPTEMBER 3, 2021

Restaurant owners, operators, and managers are constantly faced with decisions about accounting, operations, inventory, customer service, and staffing. To keep up in a fast-paced industry, restaurants might consider adding a new role, commonly called “profitability strategist,” to the management team.

Waste 78

Waste Cash Management Point of Sale Front of House 78

Apicbase

FEBRUARY 29, 2024

Square , 2024) Get started : Restaurant Inventory Management Software for Multi-Unit Restaurants and Large-scale Catering Operations. Hospitality Tech , 2023) 76% of operators say technology gives them a competitive edge. Touchbistro , 2024) 83% of restaurants accept mobile wallets as payment methods in addition to cash and cards.

2024 52

2024 Operations 2023 Loyalty Program 52

Modern Restaurant Management

JULY 27, 2020

In this edition of MRM News Bites, we feature sobering statistics from Yelp, a ghost kitchen franchise model, franchise explosions expected and falling for for an improved PSL. Ghost Kitchen Franchise Model. After signing a franchise agreement, owners are operational on the platform within 10 days. Yelp Sees COVID Effect.

Franchise 443

Franchise Franchising Mobile Ordering Kitchen Safety 443

Modern Restaurant Management

MARCH 11, 2025

This surge in off-premise orders forced restaurants to optimize their operational workflows, from kitchen management and packaging to delivery logistics. Furthermore, digital tools for inventory and labor management became crucial for navigating supply chain disruptions and staffing challenges. Most widely felt is the labor epidemic.

Mobile Ordering 418

Mobile Ordering Kitchen Safety Fine Dining Food Safety 418

MBB Hospitality

MAY 24, 2021

There was a time where you pulled out your wallet, either to get at the various pieces of plastic inside or to get some cash whenever you paid for food. If you are the owner of a restaurant, then here are some of the ways incorporating NFC tech into your franchise can boost sales: Mobile Payments Are Fast. What Is NFC? Which is faster?

Technology 52

Technology Point of Sale Mobile Ordering Cash Management 52

MBB Hospitality

MAY 24, 2021

There was a time where you pulled out your wallet, either to get at the various pieces of plastic inside or to get some cash whenever you paid for food. If you are the owner of a restaurant, then here are some of the ways incorporating NFC tech into your franchise can boost sales: Mobile Payments Are Fast. What Is NFC? Which is faster?

Technology 52

Technology Point of Sale Mobile Ordering Cash Management 52

The Restaurant Times

SEPTEMBER 10, 2021

In 2011, Samer decided it was time to venture into a new domain and explore the world of hospitality, something he had always been interested in. The Ex-executive director, Mohammad Shayad and the managing director at that time, Imran Shah, built a strong base which continues to date and is a sign of a healthy landlord relationship.

Social Media 59

Social Media Back of House 2011 Customer Experience 59