7 Shifts

DECEMBER 3, 2019

The people have spoken, and your restaurant franchise is a winner. Therefore, it might be time to expand your franchise and lay the foundation for one (or even several) more franchise locations. Read on for our actionable, step-by-step process on how to expand your franchise. Next, you need a location.

Franchising

Modern Restaurant Management

SEPTEMBER 14, 2022

AI can assist restaurants in optimizing how they manage and operate menus to increase margins. Just look at how brands will attract more customers; CallBurger franchise in Pasadena showcasing a burger-flipping robot named Flippy, or Dominos using drones to deliver pizzas in New Zealand. How can a smaller restaurants compete with that?

Front of House

Modern Restaurant Management

MARCH 24, 2020

Feature-rich mobile POS systems have evolved to processing orders, sending tickets to the kitchen, providing detailed reporting and offering thorough inventory and business management. Cash registers are a technology of the past as business owners now focus on greater flexibility and control.

POS

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

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 5, 2020

and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. This year’s Neighborhood to Nation Contest will double the number of winners to award 20 prizes of $5,000 in cash along with a robust marketing package.

Food Safety

ChowNow

AUGUST 26, 2024

All of the ingredients of success come down to how you manage your money to keep costs under control and bring in profits. Startup Budget This covers initial costs such as equipment, licenses, renovations and initial inventory. Note that this budget could apply to a new restaurant, a new branch/franchise or a major renovation.

Cash Management

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

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.

Bar

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?” Technology-enabled franchises are better positioned to continually evolve to meet guests’ changing expectations.

Mobile Ordering

Focus POS

JUNE 27, 2019

Restaurant management is a complex task requiring a delicate balance of managerial skills and software. We’ve put together a guide you can use to help you choose the best technology for your restaurant and how it can help you run a more profitable business: General Restaurant Management. » Watch inventory. Set quality standards.

Management

Restaurant365

JUNE 26, 2020

With more than 30 years in the franchising business, C21 Group/BLCO Enterprises has grown into managing 29 KFC, Taco Bell and A&W franchise locations across Canada and parts of the U.S., Background. employing more than 700 people. Ballard also appreciates the fixed asset tracking in R365.

Franchising

Hot Schedules

MAY 25, 2021

Software Engineering Manager. Software Engineering Manager. Our Inventory solution provides restaurants with the ability to perform inventory counts efficiently and accurately. Chad Marais. Chad is a long-lasting partner of Fourth, supporting the solution and leading one of the engineering teams in South Africa.

Cash Management

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

Focus POS

JUNE 17, 2019

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. POS for Restaurant Franchise Management.

Point of Sale

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. Not credit cards.

Mobile Ordering

MBB Hospitality

AUGUST 5, 2024

Effective inventory services are essential for any business aiming to streamline operations, reduce costs, and improve overall efficiency. From retail to restaurant management, the right inventory solutions can make a significant impact on profitability and customer satisfaction.

Inventory

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

The Restaurant Times

NOVEMBER 30, 2020

Restaurant owners mainly turn to the franchise route for business expansion because of a lack of time and resources. How To Franchise Restaurant In Saudi Arabia. People are mostly under the impression that franchising a restaurant is a complicated process. Stock and Inventory Process. Supply Chain Management.

Franchising

Apicbase

MAY 18, 2022

You don’t have to be Starbucks or Mcdonald’s to win at franchising, but you have to get the basics right. We’ve studied small and midsize restaurant groups and found ten essential elements for running a successful restaurant franchise business. How To Franchise A Restaurant? Where will my franchises be located?

Franchising

Apicbase

APRIL 20, 2022

Franchising is a time-tested business model that allows restaurant owners to scale their business fast and efficiently. In this post, we are NOT exploring the benefits of a restaurant franchise. We’ve included those at the bottom of the page to give you a complete picture of the risks of franchising your foodservice brand.

Franchising

Margin Edge

OCTOBER 3, 2023

KPIs and metrics can span countless categories, not all of which are financial, but they can help you identify revenue, spending, cash flow and others. Restaurants get their best results by measuring across multiple dimensions within a unified dashboard that presents both financial and statistical data.

Cash Management

Rocket Fuel

MARCH 2, 2022

In most restaurants, a few key team members typically handle accounts payable management, and there are several processes involved, including: Receiving supplier invoices. Verifying invoice accuracy against inventory. This, however, isn’t possible if you’re consistently paying your vendors late due to cash flow issues.

Cash Management

Restaurant365

DECEMBER 20, 2021

Sharing information between teams shouldn’t require time-consuming communication to ensure accurate reporting, cost management, and forecasts. From ordering inventory for the weekend to scheduling staff for next week, these small decisions add up over time to impact the larger numbers.

Operations

Lavu

NOVEMBER 27, 2024

iPad POS systems are a modern take on restaurant management tools. They also let managers oversee operations remotely. Portability and Flexibility iPad POS systems change the game by letting staff take orders, process payments, and manage tables right at the customer’s side. Starting at about $9.99

POS

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

Clover - Restaurants

APRIL 23, 2024

An existing restaurant also has an established cash flow, as well as a system in place for managing inventory, staffing, and running the kitchen. There’s no guarantee that employees will stick around for a change of management or if you start changing the operating model. Franchise or independent restaurant?

Point of Sale

The Restaurant Times

JUNE 11, 2021

Managing a restaurant is a daunting task. Handling inventory, staff and customers, along with keeping track of analytics and reports all at the same time can become cumbersome for the restaurant manager. It enables you to manage each task efficiently. . Tracks Stock And Inventory . Let us see how.

POS

Marketman

DECEMBER 21, 2019

Whether your restaurant is preparing for its grand opening night or will be celebrating its 10 year anniversary, it is never a bad time to begin implementing the best restaurant management practices and improving your processes. Restaurant management spans over a wide variety of elements including: Customer service. Staff management.

Management

Apicbase

FEBRUARY 29, 2024

National Restaurant Association , 2024) Recommended Read : Restaurant Menu Costing — How to Automate Recipe Calculations & Eliminate Low-Margin Items Restaurant Procurement & Inventory Statistics Restaurateurs looked for more affordable suppliers or replaced ingredients with cheaper alternatives. However, there is still a 2.6%

2024

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. Get a 360-view of your sales & inventory data Adopt restaurant analytics software.

Point of Sale

BNG Point of Sale

JULY 16, 2021

When it comes to getting your new restaurant off the ground, the rule of thumb is investing in new equipment, or just managing your cash flow for the next few months, you should make sure you have a reliable source of funding. Average Restaurant Revenue for a Second Location.

Point of Sale

Modern Restaurant Management

DECEMBER 14, 2020

The company has also added a Deep Cleaning Checklist and guiding principles for Managing Indoor Air. ” Here’s how Drive Kindness works: Drive Kindness’ franchise owners will charge restaurants a flat rate. Webinars : US Foods regularly introduces new webinars, and recently added Holiday Profits to the schedule.

Webinar

Modern Restaurant Management

JANUARY 27, 2020

Most people do not want to order in person or by calling if they have an alternative, and by integrating pickup with delivery orders our restaurant partners have a complete picture to more efficiently manage their operations." " Grubhub Ultimate back-of-house Kitchen Display System at Taheni Grill in New York City.

Catering

Modern Restaurant Management

DECEMBER 28, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their opinions on what we can expect in 2021. For example, to level-up the fan experience you can combine first-party transaction data with player stats, weather conditions, and inventory to better predict game-day sales. Here are their responses.

2021

Modern Restaurant Management

DECEMBER 31, 2019

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders and experts for their insights on what will impact restaurants in 2020 and the response was overwhelming. Rick Camac, Dean of Restaurant & Hospitality Management at the Institute of Culinary Education.

2020

Restaurant365

OCTOBER 31, 2019

Over the next five years, owner Ahmed Baqer hopes to open 20 to 25 new locations in Washington, Idaho, and Montana, and might consider franchising. In addition, R365 has enabled him to establish proper control over his inventory, so there is less food sitting on the shelf and therefore less waste. All-in-one Accounting.

Back of House