Modern Restaurant Management

JULY 27, 2023

Workers who lack access to basic financial services are subjected to paying expensive fees for things like cashing a check. According to a 2021 estimate by the Federal Deposit Insurance Corporation (FDIC), there are 4.5

Cash Management 162

Cash Management Insurance Customer Service Government 162

Culinary Cues

AUGUST 28, 2020

As owners, managers, and chefs – regardless of the hours that you invested in the job in the past, this is not the time to back off – this is the time to be even more present. All of this still counts! Don’t let your edge slip away. BE PRESENT. This is the time to up your game! INVEST IN TRAINING.

Social Media 436

Social Media Communication Loyalty Program Training 436

Restaurant365

NOVEMBER 18, 2021

From hiring and onboarding to running employee payments and paying taxes, payroll touches on many different parts of a restaurant business. Your restaurant orders, receives, and counts food all in one system: your inventory management software. Most restaurant owners and operators are feeling the pinch of a competitive hiring field.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

EATER

MAY 3, 2021

Last summer, she quit her job at a New American restaurant in Chicago where she had worked as a manager and sommelier since 2017. He said I abandoned him and that he couldn’t trust me [or] see me as a manager anymore.”. When she came back, she noticed a shift in the way her employers treated her. “I Health care is a big part of this.

Back of House 145

Back of House Cash Management Kitchen Safety Insurance 145

7 Shifts

SEPTEMBER 19, 2022

What about managers? Track and manage employee workload. What about managers? Managers fared a bit better than hourly employees—with a turnover rate of 28%. Among the over 25 sets, manager recognition (or lack thereof) was one of the top three reasons they left restaurant jobs. Back-of-House and Front-of-House.

Front of House 195

Front of House Back of House Cash Management Customer Experience 195

Open for Business

MARCH 1, 2023

Typically, restaurant managers, chefs, and certain other senior full-time team members earn a salary that exceeds minimum wage. In some states, restaurants need to pay tipped team members a minimum cash wage above the minimum wage required under the federal Fair Labor Standards Act. What is the minimum wage for restaurant workers?

2023 78

2023 Restaurant Law Front of House Cash Management 78

Ken Burgin

AUGUST 6, 2022

Effective crisis planning and management is a must. Can we all be expert crisis managers or are some people better at it than others? Thinking ahead, backup, clear policies and documentation are the key to good management and efficient operations. Adequate Insurance coverage – does it cover current risks and equipment?

Kitchen Safety 88

Kitchen Safety Cash Management Equipment Front of House 88

Harbor Touch

NOVEMBER 21, 2022

Also, understand all the costs associated with opening a bar such as insurance, licenses, staffing costs , etc. On the other hand, you may need to hire a manager and/or assistant manager to help with the day-to-day operations. There may be special licenses or permits you will need in order to open your bar.

Bar 78

Bar License Restaurant Law POS 78

The Restaurant Times

JANUARY 11, 2023

If you’re just looking to invest in a restaurant from a safe distance, all you need to do is form an LLC, hire someone to handle management, and inject cash. Hence, we recommend that you hire a licensed and reputable US attorney to discuss all the US laws and regulations before moving further with your actions.

License 52

License Restaurant Law Point of Sale Employee Relations 52

Lavu

NOVEMBER 8, 2019

As the owner or manager of a restaurant, when you’re aiming to grow profitability, accounting is an area where you need to be comfortable. It might be considered the most dreaded part of running your business, but to be profitable and to manage the money, there’s no way it can be avoided. Commissions. Prime Cost.

Management 85

Management Management Food Truck Cash Management 85

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. These restaurants and businesses need a specialized insurance policy. The coverage sits excess of the driver's own insurance.

Online Ordering 115

Online Ordering Insurance Mobile Ordering Website Management 115

Harbor Touch

APRIL 17, 2018

Seems like a no-brainer but maintaining solid files, both physical and electronic, are critical to managing your restaurant. The business owner must deduct eight percent of employee’s sales for cash payments and rely on their POS system for credit card tips. Explore Business Tax Credit.

Employee Relations 97

Employee Relations Insurance Point of Sale Cash Management 97

EATER

DECEMBER 16, 2021

Despite the fact that the pandemic put all of these workers in grave danger while they were offered none of the unemployment insurance benefits given other workers, the gig companies were able to use expensive and sophisticated propaganda to confuse voters. The manager shouted at her that she didn’t care. There’s never parking.”

Back of House 143

Back of House Employee Relations Delivery Mobile Ordering 143

Touch Bistro

APRIL 13, 2021

As you can imagine, payroll is a pretty important part of restaurant management and there is a lot of responsibility attached to proper compliance, including: The timely and accurate payment of employees Avoidance of fees, fines, and legal troubles Proper calculation of taxes Maintaining an accurate record of employee earnings.

Tip Distribution 54

Tip Distribution Employee Relations Restaurant Law Cash Management 54

Lavu

JANUARY 21, 2020

Hire a Professional Specializing in Restaurant Accounting. For an effective accounting process, you need to hire the right accountant for your restaurant business. For an effective accounting process, you need to hire the right accountant for your restaurant business. Install a Good Restaurant POS System. Concluding Remarks.

Point of Sale 78

Point of Sale Inventory Restaurant Law Front of House 78

The Food Corridor

MAY 7, 2020

Other considerations are driver insurance, rigorous hygiene guidelines, and offering contactless deliveries. Hiring your own drivers is a way to boost the local economy. Restaurant management system Upserve is offering its new ordering platform free for 12 months. More on that below. Create an Online Store.

Delivery 98

Delivery Food Online Ordering Email Marketing 98

EATER

MAY 22, 2020

Breaks are longer, and every other cash register is left empty to allow space between workers. To manage crowding, all stores are limiting the number of customers that can enter at once, as well as putting up “visual cues and in-store signage” encouraging distancing, and performing “daily audits to ensure compliance.”

Employee Relations 145

Employee Relations Food Safety Website Management Social Media 145

Touch Bistro

SEPTEMBER 21, 2021

Management and Ownership: Provide more information about yourself and the management team you’ve assembled for your new restaurant, highlighting any relevant experience that will aid in your success. For instance, you might want to hire a PR team to drum up excitement ahead of your grand opening.

Document 52

Document License Download Insurance 52

7 Shifts

MAY 15, 2023

Restaurant payroll is a system for calculating and managing the salaries of employees in a restaurant. Employers need to track hours, calculate wages, manage shift schedules , and maintain employee records. This schedule can be difficult to run manually for managers with more than a handful of employees.

2023 195

2023 Tip Distribution Audits Restaurant Law 195

7 Shifts

MAY 18, 2023

Employees are typically subject to more oversight and are entitled to benefits like minimum wage, overtime pay, and workers' compensation insurance. On the other hand, independent contractors have more freedom and control over their work but are responsible for their own taxes and insurance.

Restaurant Law 195

Restaurant Law Insurance Audits Cash Management 195

OpenTable

JULY 8, 2022

Whoever you hire must have extensive experience in working with the specific type of restaurant you’re planning to open. Depending on the structure, either you have all of the authority, or all members have the right to help manage the business. The amount of flexibility you have if you sell or transfer the business.

Back of House 52

Back of House Front of House Restaurant Law Fine Dining 52

SpotOn

MARCH 25, 2024

Licenses and permits  Every restaurant business has a lengthy list of licenses and insurance needed to open, serve your guests, and protect your business. When you have found the perfect commercial space, hire an attorney specializing in negotiating lease terms.

License 52

License Insurance Point of Sale Equipment 52

7 Shifts

MAY 26, 2021

Instead, they partner with SBA-approved banks that foot the actual cash to qualifying small businesses. Here's how you can spend your PPP funding in 2021: Payroll: Salaries, wages, tips, commissions, employee benefits, group insurance benefits, and paid leave. The SBA financially backs these loans, but they don't do the actual lending.

2021 195

2021 Cash Management Document Employee Relations 195

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

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 154

Bar Cash Management Loyalty Program Point of Sale 154

Open for Business

DECEMBER 12, 2023

Whoever you hire must have extensive experience in working with the specific type of restaurant you’re planning to open. Your pro forma and your capital requirements budget will help determine how much working capital you need based on when your restaurant is projected to generate positive cash flow.

Back of House 78

Back of House Restaurant Law Email Marketing Small Business 78

EATER

NOVEMBER 1, 2021

There have already been calls to improve worker pay, and provide benefits like health insurance , child care , and sick leave. Many restaurants are still doing their best to stay afloat in the pandemic — and even in good times, small businesses don’t always have cash reserves to pay for upgrades and remodels. I was like, ‘I need these.

Kitchen Safety 145

Kitchen Safety Fine Dining Front of House Back of House 145

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

EATER

JULY 14, 2020

For almost nine years, Colon had served countless Bloomin’ Onions and trained new hires despite what he describes as verbal insults and a daily fear that he’d be fired without cause by his superiors. This particular Outback Steakhouse was operated by HMSHost, an airport and highway food service company.

Employee Relations 104

Employee Relations Food Safety Restaurant Law Cash Management 104