The Restaurant Times

MARCH 31, 2022

In other words, F&B control refers to the process by which a restaurant manager makes an effort to regulate, direct, and restrain people’s actions to achieve the desired objective. On the other hand, it becomes one of the critical responsibilities for the restaurant managers in the case of small and medium-sized restaurants.

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The Restaurant Times

JANUARY 31, 2022

Yes, you can enrol in restaurant management classes or attend culinary school. Don’t be afraid to ask for references to ensure that you’re hiring the best candidate for your restaurant. As a result, hiring a restaurant consultant to help you launch your restaurant or cloud kitchen business is a good idea.

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Sling

JUNE 8, 2020

When you think about it, creating a business budget is probably one of the least exciting responsibilities of being a manager or an owner. In this article, the management experts at Sling discuss budgeting 101 and give you tips on how to build a business budget for your company, regardless of size. How To Create A Business Budget.

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Modern Restaurant Management

DECEMBER 21, 2022

Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. " – John Oakes, Revenue Management Solutions CEO. Slow movers tie up inventory -and the cash needed to by that inventory. For part one, click here.

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Touch Bistro

JULY 4, 2021

But while dining restrictions have now been lifted across the country and restaurants have begun hiring at rapid speed, not all of these workers have returned. In New York City, many restaurants have begun offering hiring bonuses to incentivize new staff. Change Your Management Style. In total, 2.5 New York City Labor Shortage.

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Touch Bistro

MARCH 23, 2021

Restaurant accounting and tax specialists have navigated many operators through millions of dollars in relief and helped them become cash flow positive through the pandemic. This article will also cover: Important restaurant tax deadlines for 2021 5 steps you need to take to increase cash flow during tax season. your payroll costs.

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Sling

FEBRUARY 5, 2021

In this article, the workforce management experts at Sling discuss some of the best employee appreciation ideas you can use to show your team you care. Whether you manage a team face-to-face or online through the internet, productivity is the issue of the day (not to mention being one of the keys to your team’s success).

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Embrace the Suck

JUNE 13, 2022

Instead of becoming “the owner” I gave myself six jobs instead: Chef, General Manager, bookkeeper, HR Director, Chief Marketing Officer, maintenance man, and Beverage Director. I often refer to it as The Combination to Restaurant Success. Hiring is the gatekeeper that protects that culture.

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Xtra Chef

DECEMBER 11, 2019

Whether you are an executive chef, a seasoned restaurant finance executive, or an owner/operator who manages your own books, speaking the language of restaurant accounting will help keep all financial stakeholders on the same page. In Part 2, we’ll help you decide how best to manage accounting at your restaurant. Improve budgeting.

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Restaurant365

MAY 7, 2020

General managers and restaurant owner/operators should create checklists for crew and managers to use during their shifts. This will streamline your inventory and give you better visual access to your shelves. Managing Food Pick Up and Delivery. Install sneeze guards at cash registers.

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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.

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Point of Sale Inventory Waste Employee Relations 52

Touch Bistro

APRIL 12, 2021

In fact, it accounts for 75% of all inventory shortages and 4% of sales , according to the National Restaurant Association. Loss prevention refers to your restaurant’s efforts to reduce any and all revenue losses. Cash Register Skimming. Restaurant employee theft is more common than you may think. What is Loss Prevention?

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Lavu

NOVEMBER 1, 2023

Food delivery has become a cash cow for restaurants because it’s convenient and easy for customers. Also, teaming up with other food delivery services saves money on hiring our own drivers and setting up delivery systems. It refers to the amount a restaurant incurs to deliver a single order to a customer’s doorstep.

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Lavu

MARCH 11, 2020

Understanding Restaurant Management Software. Among the technology offered today is restaurant management software. . If you’re in the beginning stages of looking for a restaurant management system , you might have multiple questions or concerns. Why do you need restaurant management software?

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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.

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