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 113

Point of Sale Cash Management POS Franchise 113

Restaurant365

DECEMBER 20, 2021

Sharing information between teams shouldn’t require time-consuming communication to ensure accurate reporting, cost management, and forecasts. For instance, reviewing your CoGS report daily allows managers to adjust purchasing and usage on a more frequent basis.

Operations 78

Operations Leadership Point of Sale Cash Management 78

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 180

2022 Food Supply Back of House Kitchen Safety 180

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. Minimizing Food Waste.

Waste 78

Waste Cash Management Point of Sale Inventory 78

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 180

2020 Online Ordering Point of Sale Fast Casual 180

EATER

JUNE 29, 2022

It’s not uncommon to see laminated menu posters labeled Crown Fried Chicken or New York Fried Chicken inside a Kennedy or vice versa, and veteran owners are quick to share sourcing and pricing information. Zia opened Kennedy Fried Chicken in 1975; he used Bullard’s business model, but he sourced all halal ingredients and lowered prices.

Franchise 98

Franchise Franchising Cash Management Food Order 98

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 215

2022 Mobile Ordering Guest Recovery Point of Sale 215

Modern Restaurant Management

SEPTEMBER 24, 2021

MRM Franchise Feed contains the latest news in restaurant franchising. In early September, the business announced a month-long program to thank its own team members who opt for the vaccine: $100,000 in cash prizes. News of the anticipated Pancheros comes during a timeframe of strategic franchise growth for the brand.

Franchise 185

Franchise Franchising Customer Experience Fast Casual 185

BNG Point of Sale

JULY 16, 2021

Also, the average revenue of one establishment may vary wildly from the next, depending on factors like region, average check price, menu engineering, actual sales, and size as well as a service model or even type of cuisine served (fast-food vs fine dining). Average Restaurant Revenue for a Second Location.

Point of Sale 52

Point of Sale Seasonal Menu Cash Management Fine Dining 52

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 52

Management Management Cash Management Inventory 52

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%

Food Supply 86

Food Supply Franchise Franchising Customer Experience 86

Modern Restaurant Management

FEBRUARY 4, 2020

PPX Hospitality Brands will manage two restaurant groups headquartered in metro Boston, the aforementioned Smith & Wollensky, and The Strega Group, a collection of Italian chophouses recently acquired from the Varano Group. received a $1,500 cash prize and commemorative plaque. received a $750 cash prize and commemorative plaque.

Online Ordering 122

Online Ordering Hospitality Leadership Design 122

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 101

Food Supply Kitchen Safety Cash Management Food Safety 101

Modern Restaurant Management

JUNE 18, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features recovery data, POS performance and shifting habits of diners. Revenue Management Solutions (RMS) survey POS data from more than 100,000 locations in more than 40 countries. Pricing, promos, and rewards, oh my! On the Road to Recovery.

2020 184

2020 Guest Recovery Kitchen Safety Online Ordering 184

The Restaurant Times

SEPTEMBER 10, 2021

This is the second in a series of interviews hosted by our guest host, Peggy Li, Managing Partner at SBS Affinity Consultancy, who brings 18 years of experience working with Michelin-starred fine-dining across the UK and the Far East. . I was in love with the community of D3, people that worked there and created things there.

Social Media 59

Social Media 2011 Back of House Customer Experience 59

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 115

Online Ordering Insurance Mobile Ordering Website Management 115

Modern Restaurant Management

NOVEMBER 11, 2019

The purchase price of $42 million for Restaurant Magic will be financed primarily through cash and equity. Restaurant Magic’s software leverages business intelligence and automation technologies to decrease food costs, manage labor and improve overall customer service. Illes Foods' Fourth Generation CEO.

Travel 118

Travel Food Hotels Loyalty Program 118

Modern Restaurant Management

JULY 15, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features Grubhub's State of the Plate 2020 trend report, the fragility of "open," di g ital resilience and brand intimacy. Financial Trends Insights. “COVID-19 is dramatically accelerating the transition to online commerce. . "The

2020 195

2020 Mobile Ordering Point of Sale Fast Casual 195

Apicbase

FEBRUARY 29, 2024

Food costs increased in 2023: according to one survey, 60% of operators reported that all or most suppliers raised their prices , up from 50% in 2022. Most operators raised their menu prices in 2023, but fewer expect to do so in 2024. Although revenue went up (thanks to higher prices), profits went down due to high food costs and debt.

2024 52

2024 Operations 2023 Loyalty Program 52

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.

Franchise 52

Franchise Franchising Cash Management Kitchen Safety 52

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?

Franchise 52

Franchise Franchising Sustainability Document 52

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 210

Food Safety Mobile Ordering Online Ordering Kitchen Safety 210

Modern Restaurant Management

AUGUST 3, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the state of flavor, COVID-19 restaurant operations, public acceptance of delivery charges, the best of the best and the most allergy-friendly restaurant chains. Menus and Pricing. ” Franchise Sale to Explode. DoorDash Deep Dish.

2020 195

2020 Franchise Franchising Food Order 195

Modern Restaurant Management

DECEMBER 4, 2020

. “They’ve had to basically adapt and change their entire business model,” says Yang Yang, an associate professor in the School of Sport, Tourism and Hospitality Management (STHM) at Temple University. from February 1 to April 30, 2020, during the early part of the pandemic.

Loyalty Program 145

Loyalty Program Fast Casual Online Ordering Consumer Goods 145

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 122

Catering Mobile Ordering Customer Service Leadership 122

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. reducing to approximately 3.0x by the end of fiscal 2021.

Bar 154

Bar Cash Management Loyalty Program Point of Sale 154

Restaurant365

OCTOBER 31, 2019

The high-quality, moderately priced menu features local and regional ingredients such as premium chiles straight from New Mexico — including the unique but hard-to-find green Hatch chile. But with our broader menu, I needed a better way to manage my in-house recipes, track food yields, and control costs.

Demo 17

Demo Cash Management Back of House Inventory 17

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. Rick Camac, Dean, Restaurant & Hospitality Management at ICE (Institute of Culinary Education). Ross Franklin, CEO and Founder of Pure Green Franchise. Here are their responses.

2021 199

2021 Kitchen Safety Food Safety Mobile Ordering 199

Margin Edge

JULY 26, 2023

Financial management may seem like something you can handle on your own, but it can be complex and time-consuming. With the ability to access training materials at any time and from anywhere, your management staff can fit training into your restaurant's busy schedule. Online financial training can provide valuable support in this area.

Training 52

Training Cash Management Leadership 2015 52

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. Operators can easily do this through simple communication with their management team, and the use of data analytics within their present practices. Keep reading! .

Cash Management 98

Cash Management Operations Consumer Goods Inventory 98

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. » Restaurant Labor Management.

Management 121

Management Management Franchise Franchising 121

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? That said, let’s dig in.

Point of Sale 52

Point of Sale Inventory Waste Employee Relations 52

Modern Restaurant Management

JULY 7, 2020

and BurgerFi International entered into a definitive agreement at a $100 million purchase price to combine and form BurgerFi International, Inc. Our team is thrilled to partner with BurgerFi’s senior management to support the numerous growth initiatives underway and to drive operational excellence.”

Mobile Ordering 192

Mobile Ordering Restaurant Law Seating Customer Service 192

Modern Restaurant Management

DECEMBER 27, 2019

” Through the integration, Appetize consolidates all ordering and feeds transaction data in real-time into Restaurant365, to integrate with back office functions like accounting, staff management, reporting, and analysis. .”

Mobile Ordering 123

Mobile Ordering Customer Service Point of Sale Customer Experience 123

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 206

Kitchen Safety Loyalty Program Delivery Customer Service 206

Kounta

NOVEMBER 6, 2019

Both through the purchase itself, and the need to prop-up cash flow for the first twelve months of trading. Have you managed a business before? A Bar is a fast-paced, highly competitive and challenging segment, even the most experienced Managers. Do you buy a Franchise or an Independent Business? “By

Bar 40

Bar Franchise Franchising Small Business 40

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 177

Franchise Franchising Mobile Ordering Kitchen Safety 177