The Restaurant Group

APRIL 13, 2023

The journey from researching locations to recruiting staff can seem long, and many things can go wrong. trillion global food service market. Depending on the business, a startup business consultant can also be roped in to assume responsibility for a particular stage of the launch, such as planning, recruitment, or marketing.

Recruiting 78

Recruiting Cash Management Small Business Hiring 78

Modern Restaurant Management

DECEMBER 22, 2020

Cash Flow Is Top of Mind. No surprise during an economic crisis, over 81 percent of restaurants and other business owners are prioritizing cash flow management and are identifying ways to cut back spending and increase sales, namely by moving services online. Changing their hiring and recruiting processes (47 percent).

Small Business 171

Small Business Cash Management Webinar Recruiting 171

Modern Restaurant Management

APRIL 11, 2022

Facing multiple headwinds, restaurant owners and management must employ the most effective tool available: effective communication. A good starting point for addressing many issues is use of a manager’s log. And don’t forget a long-time, well-established business management tactic: the employee suggestion box.

Healthcare 199

Healthcare Cash Management Social Media Communication 199

7 Shifts

DECEMBER 3, 2019

Will the concept appeal to people in this market? While some of the contents of your previous business plan(s) may be applicable—such as your menu items and your branding—your location-based market analysis, operations plan, and financials section should be entirely different from previous plans. Why or why not? If so, when?

Franchise 368

Franchise Franchising Audits Point of Sale 368

7 Shifts

FEBRUARY 12, 2021

See What Your Local Market Looks Like. For example, a restaurant that does $1 million would look to sell from anywhere between $250,000 and $400,000, depending on the area and market With restaurant startup costs as high as they are, there are clear benefits of buying an existing restaurant over starting from scratch.

License 446

License Equipment Certification Information 446

Lavu

SEPTEMBER 29, 2023

million, while the number of hires was 1.3 This means that there were 600,000 more job openings than hires in the food services and drinking places industry in July 2023. Some owners have had to take on multiple roles themselves or hire unqualified staff, affecting the quality of service and customer experience.

Loyalty Program 166

Loyalty Program Front of House Mobile Ordering Customer Service 166

Sling

APRIL 2, 2023

We’ll answer those questions in this article and introduce you to an app that can help you manage your workforce better. Casual incentives can take the form of anything from recognition to cash to a catered lunch. This is just one example of how you can use cash to motivate your team to achieve any goal you set.

Cash Management 78

Cash Management Loyalty Program Casual Specials 78

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. By following these tips, restaurants can use food delivery to reach more people and make more money.

Delivery 166

Delivery Food Online Ordering Mobile Ordering 166

Modern Restaurant Management

DECEMBER 14, 2021

A drop in employee retention & difficulty in hiring. Managers lack the tools to properly schedule employees and plan for shifting consumer demands, and as a result, businesses are paying for redundant overworked labor, or having to manage with inadequate labor due to hiring challenges.

2022 184

2022 Food Supply Mobile Ordering Customer Experience 184

Open for Business

MARCH 1, 2023

In fact, team members who have fun on the job are likely to recruit friends for open positions where they work. A general manager might also wear a restaurant’s sommelier hat. They handle all the cash and credit card transactions that happen at the bar and, with help from barbacks, they need to keep the bar organized and clean.

Fast Casual 78

Fast Casual Cash Management Front of House Fine Dining 78

Black Box Intelligence

MAY 12, 2022

It’s no secret that restaurant hiring has become increasingly difficult. In almost every town and city it seems that there’s several restaurants with signs in front advertising that they are hiring. Are you one of these restaurants that’s finding it hard to hire and keep employees? Digital Recruiting Methods.

Advertising 52

Advertising Social Media Recruiting Hiring 52

7 Shifts

FEBRUARY 12, 2021

See What Your Local Market Looks Like. For example, a restaurant that does $1 million would look to sell from anywhere between $250,000 and $400,000, depending on the area and market With restaurant startup costs as high as they are, there are clear benefits of buying an existing restaurant over starting from scratch.

License 195

License Equipment Certification Information 195

Aaron Allen & Associates

MARCH 3, 2022

There are so many things to think about — from inventory management to restaurant payment and billing and more — it can be difficult to keep track of it all. That’s where restaurant management software comes in. In this roundup, we will take a look at some of the best restaurant management software out there.

Management 120

Management Management Mobile Ordering Point of Sale 120

The Restaurant Times

JANUARY 28, 2022

It is still difficult to operate in this market, both for new and established businesses alike. Many quick-service restaurants (QSRs) have seen explosive growth, thanks to a well-thought-out menu, theme, branding, and marketing strategy. . Recruitment and Retention . Concept and Location . Source: TRG Restaurant Consultants.

Recruiting 52

Recruiting Customer Service Hiring Seating 52

The Restaurant Times

MAY 25, 2021

With lockdown restrictions easing and restaurant business slowly picking up the pace in the UK market, it is an excellent time to revisit your restaurant’s business plans. While doing this, conduct market research, see what is working best in the market, and incorporate these trends into your menu. . Industry Research.

Cash Management 52

Cash Management Employee Relations Point of Sale Email Marketing 52

Restaurant365

JULY 29, 2021

Ultimately, managing your vendor relationships is an area of risk management. The cost of borrowing may rise in 2021, in addition to the existing risk and unpredictability that is already taking place in financial markets. Develop financial strategies for the hiring crisis. Keeping tabs on the latest updates is critical.

Cash Management 78

Cash Management Point of Sale Inventory 2021 78

Touch Bistro

JULY 4, 2021

are trying everything and the kitchen sink to recruit and retain employees in the face of a labor shortage the likes of which this industry hasn’t seen in decades. 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 total, 2.5

2021 98

2021 Employee Relations Hiring Recruiting 98

EATER

MAY 16, 2024

“We would see employees on the right track, getting experience, starting to get to the next level, meaning a management promotion, and then child care would fall through,” says Marcus. Which, as an employee is one thing, but once you get into management, the stakes get higher. Then they couldn’t get to work on time.

Employee Relations 95

Employee Relations Government Hospitality Take-out 95

Aaron Allen & Associates

JULY 17, 2020

While some may be moving into this scenario opportunistically — smelling blood in the water — the most successful are realizing that this can be the perfect timing for a mutually advantageous acquisition to optimize portfolios and gain market share. . Growing market share. Growing market share. Growing market share.

2020 110

2020 Back of House Cash Management Specials 110

The Restaurant Times

NOVEMBER 22, 2021

As a first-time entrepreneur in the food industry, the strategy for opening a restaurant begins with identifying a location, developing a concept and design, recruiting the right people, providing suitable training, branding and marketing, and effectively operating the business.

Food Safety 52

Food Safety Cash Management Design Customer Service 52

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. FAT Brands Chairman and CEO Andy Wiederhorn.

2020 132

2020 Kitchen Safety Consumer Goods Point of Sale 132

Black Box Intelligence

AUGUST 24, 2021

And part of the problem is that hiring and turnover were serious issues even before the pandemic. And the high costs cut into the funds operators could use on employee engagement and recruitment efforts. It’s possible that the pandemic initiated a paradigm shift in the way that restaurants hire, compensate, and engage their employees.

Guest Recovery 73

Guest Recovery Back of House Point of Sale Customer Service 73

Apicbase

FEBRUARY 29, 2024

The global foodservice market size reached $2,989.5 IMARC Group , 2023) A more optimistic forecast estimates a market size of $5,423.59 Fortune Business Insights , 2023) The global market size of the delivery app industry is expected to reach $165 billion by 2029. The global foodservice market size reached $2,989.5

2024 52

2024 Operations 2023 Loyalty Program 52

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?” One great thing about the online delivery market is that it produces massive amounts of data. Store schedules and labor management.

Mobile Ordering 210

Mobile Ordering Front of House Fast Casual Customer Service 210

Modern Restaurant Management

FEBRUARY 4, 2020

This edition of MRM News Bites features Boston Market, Danu Partners, P.F. New CEO at Boston Market. Boston Market® named Eric Wyatt as Chief Executive Officer. Boston Market® named Eric Wyatt as Chief Executive Officer. “Most importantly, there is a robust game plan in place to take the brand forward.

Online Ordering 108

Online Ordering Hospitality Leadership Design 108

Modern Restaurant Management

AUGUST 28, 2020

. “Over the last century, women, despite their incredible contributions, have struggled to make it in professional kitchens — held back by inequalities unfairly put upon them,” said Rob Sundy, Head of Brand Marketing & Creative Studios at Whirlpool Corporation, the parent company of the KitchenAid brand.

Allergens 114

Allergens Kitchen Safety Guest Recovery Customer Service 114

Apicbase

APRIL 20, 2022

You will also need to estimate the expected growth rate for at least the first year of the franchise business, calculate the restaurant cash flow, and determine the payback period (the time it will take to cover the capital expenditure). We suggest focusing on your earnings before interest and taxes (EBIT) to estimate cash flow.

Franchise 52

Franchise Franchising Cash Management Kitchen Safety 52

Modern Restaurant Management

SEPTEMBER 15, 2020

SALIDO leverages design, data, and workflow management to optimize both front- and back-end operations. SALIDO continues to execute on its hiring plans to recruit and invest in talent across their Product, Engineering, Customer Experience, and Sales Teams. ” says John Cocker, FOODWORKS’s president.

Fast Casual 126

Fast Casual Casual Menu Mobile Ordering 126

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

FEBRUARY 21, 2020

Modern Restaurant Management (MRM) magazine's People & Places column features news of company hires and promotions, charitable efforts and product introductions. Now, 20 years later, Sushi Maki has 22 locations throughout South Florida and an impressive relationship with Whole Foods Markets providing sustainable seafood sushi.

Brewery 112

Brewery Design Food Supply Equipment 112

Black Box Intelligence

NOVEMBER 1, 2021

Not only is turnover rising for all employees, the percentage of new hires that leave the company within the first 90 days of employment is also increasing. Span of Control for Multi-Unit Managers Increased in Full-Service Restaurants . For full-service restaurants, the span of control for multi-unit managers increased.

Fast Casual 84

Fast Casual Guest Recovery Fine Dining Point of Sale 84