7 Shifts

NOVEMBER 17, 2021

Enter 7shifts , a scheduling and team management app that simplifies the payday processes that typically run restaurateurs ragged. Any owner or manager running payroll manually understands the complexity faced each pay period. The downsides fall on management—weekly pay dramatically increases paperwork and admin time.

Cash Management 370

Cash Management Employee Relations Hospitality Innovation 370

Modern Restaurant Management

JANUARY 30, 2024

They typically lack hospitality experience and starve long play investments that may temporarily compress margins like training, retention, community building and quality. Private equity investors particularly pressure leadership for rapid revamps and location expansions that often degrade original hospitality vision and culture over time.

Leadership 203

Leadership Small Business Cash Management Customer Experience 203

Culinary Cues

OCTOBER 23, 2019

Now, think about this – when did we become so attached to technology that a bartender couldn’t work out of a cash drawer, or simply have me sign a bill to my room knowing that it could be charged to my account at a later date? The virus is prevalent in the hospitality business, retail, government, and education, just to name a few industries.

Hospitality 208

Hospitality Employee Relations Cash Management Training 208

Hospitality Insurance Group

JANUARY 6, 2021

New Liquor Liability Financing Will Help Seasonal Businesses with Cash Flow. Hospitality Insurance Group is launching a new program that will give bars, restaurants, and any other eligible liquor liability policyholders more flexibility in how they pay their insurance premiums.

Insurance 114

Insurance Hospitality Cash Management Bar 114

Kounta

JANUARY 9, 2020

The hospitality industry is fuelled by people’s obsession with food. Revenue for the hospitality industry will exceed $108 billion by the year 2023 — Bankwest, Future of Business. Revenue for the hospitality industry will exceed $108 billion by the year 2023 — Bankwest, Future of Business. And it’s been growing ever since.

Hospitality 98

Hospitality Cash Management Influencer POS 98

Modern Restaurant Management

SEPTEMBER 29, 2022

If you've worked in the hospitality industry, you've already had to deal with an aggressive customer or two. Setting up and maintaining a good customer relationship is critical to your hospitality and restaurant industry. Remember, humility is an investment in customer management because they deserve extra personal attention.

Cash Management 197

Cash Management Customer Service Food Safety Restaurant Law 197

7 Shifts

OCTOBER 30, 2023

But restaurant owners, managers, and employees need to be aware of the labor laws and protections in place in the Sunshine State, like Florida’s unique approach to the minimum wage— which is steadily on the rise. per hour The hourly cash wage rate for tipped employees through September 2024 is $8.98 per hour (minimum).

Restaurant Law 221

Restaurant Law Certification Food Safety Cash Management 221

Xtra Chef

NOVEMBER 11, 2020

In this three-step planning guide, we’ll explore the considerations for restaurant owners, managers, and operators who want to survive the holidays and bring joy to customers—and business balance sheets! Recipe management solutions are immensely helpful in catering to help maintain consistent flavor and retain those margins.

Hospitality 155

Hospitality Seasonal Menu Front of House Social Media 155

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 215

2024 Loyalty Program Cash Management Customer Experience 215

Modern Restaurant Management

DECEMBER 21, 2023

In the hospitality industry, the last thing you want is a phone call from the alarm company at an early morning hour about a fire, break-in or other disaster at your business. Manage Access to Keys : Only distribute exterior-door keys to employees who must have access. Picture this – it’s 5 a.m. Invest in a drop safe.

2024 189

2024 Kitchen Safety Cash Management Insurance 189

7 Shifts

OCTOBER 31, 2022

The management team. Here is Union Square Hospitality Group 's mission statement: At Union Square Hospitality Group, our mission is to enrich lives through the power of Enlightened Hospitality. Management team. You may want to list out: Team Management. Inventory management systems. Manager Log Books.

Point of Sale 397

Point of Sale Back of House Document Download 397

7 Shifts

AUGUST 20, 2020

They include: Labor management software Order management software Inventory management software Guest engagement software Contactless, mobile payment processors 5 Tools to Use to Increase Operational Efficiency in Restaurants Did you know that 48% of restaurants use three or more tech vendors?

Technology 293

Technology Mobile Ordering Dietary Restrictions Cash Management 293

Modern Restaurant Management

OCTOBER 12, 2021

In fact, Netspend surveyed more than 900 tipped workers across the restaurant, food delivery, hospitality, salon and spa industries to get a pulse on the financial impacts of COVID-19. According to NPR , average hourly wages in the hospitality industry are nearly 10 percent higher than they were a year ago.

Recruiting 197

Recruiting Cash Management Employee Relations Download 197

OpenTable

SEPTEMBER 27, 2020

In a world of socially distant and off-premise dining, chefs and restaurateurs are looking for creative ways to keep the magic of hospitality alive. Restaurateurs Manage Cashflow During COVID-19 by Unloading Their Cellars – Nation’s Restaurant News. Is This the Future of Dining? – The Wall Street Journal. … Read more.

Kitchen Safety 78

Kitchen Safety Hospitality Food Safety Cash Management 78

Modern Restaurant Management

MARCH 14, 2023

Businesses want to turnover healthy volumes of cash-flow, regardless of the wider economic climate. This can be achieved not only through sustained and/or increased volumes of customers, but also through effective cash-flow management. This helps finance teams spot red flags and potential areas prone to fraud.

Technology 194

Technology Cash Management Employee Relations Sustainability 194

7 Shifts

SEPTEMBER 19, 2022

What about managers? Track and manage employee workload. High turnover has long been a core tenet of the hospitality industry. What about managers? Managers fared a bit better than hourly employees—with a turnover rate of 28%. Overall, hospitality accounts for some of the highest rates of uninsured workers.

Front of House 195

Front of House Back of House Cash Management Customer Experience 195

7 Shifts

SEPTEMBER 7, 2021

Ruth's Hospitality Group Inc, parent of Ruth's Chris Steak House, is increasing prices by about 2.5% The next largest cost for most restaurants is labor–and there is cash to be saved. Restaurants that use 7shifts for team management can save up to 3% on labor-related costs each year. Data Methodology.

Tip Distribution 370

Tip Distribution 2021 2019 Cash Management 370

Hot Schedules

JULY 15, 2021

Mitigating Cost Price Inflation Via Supplier Management. Hospitality systems can’t undo labor legislation, failed harvests or political turmoil, and with hotels in urban markets still seeing revenues dip as much as 52 percent compared to 2019, operators need to utilize every possible method to cut costs. Related Posts.

Pricing 148

Pricing Management Management Cash Management 148

Modern Restaurant Management

JULY 7, 2021

Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Why doesn’t that logic work in the hospitality sector – especially in the current labor environment? If the objectives for any benefit program are to build plans that are 1.

Cash Management 180

Cash Management Healthcare Restaurant Law Hospitality 180

Modern Restaurant Management

OCTOBER 19, 2023

But it’s not just newbies to franchising – or restaurant franchises themselves, for that matter – that need to stay on top of the management intricacies that characterize the business. Cyber : The market has softened for cyber but it’s hard to convince hospitality franchises that their exposure is real.

Insurance 100

Insurance Franchise Franchising Document 100

7 Shifts

MARCH 16, 2020

With new social distancing and self-isolation strategies, it’s clear that COVID-19 will have, and is having, an extreme impact on the restaurant and hospitality industry. How restaurant managers can navigate COVID-19. Communicate with staff and managers. Monitor 7shifts Announcements from management for updates on the situation.

Management 369

Management Management Employee Relations Kitchen Safety 369

Culinary Cues

AUGUST 28, 2020

HOSPITALITY FIRST. How do you make it come alive with hospitality? 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. Don’t just sit there – do something unique and filled with excitement. BE PRESENT.

Social Media 438

Social Media Communication Loyalty Program Training 438

7 Shifts

JANUARY 26, 2021

Embrace Digital Hospitality ?? Far-and-away the biggest change for the hospitality industry has been the widespread adoption of technology, which has gone from a luxury to a necessity for restaurants to operate. Here are some of the top ways to make sure you’re ready for what’s next—whatever it is. Keep communication open and frequent.

2021 370

2021 Front of House Social Media Back of House 370

ChefMod

MAY 13, 2024

AP automation solutions specifically designed for hospitality help restaurant owners optimize their purchasing process, recipe management, inventory, analytics, GL mapping, and visibility into expenses across all suppliers. What is Accounts Payable Automation? How Does AP Automation Enhance Financial Operations?

Cash Management 40

Cash Management Inventory Audits Management 40

Xtra Chef

DECEMBER 30, 2020

It’s been especially difficult for the hospitality industry. Here are some of the actions, accomplishments and highlights of the past year… We introduced Recipe Management – a recipe for restaurant profitability. Check out the launch video below: We responded cash flow concerns as a result of COVID.

2020 151

2020 Cash Management Point of Sale 2021 151

Modern Restaurant Management

AUGUST 19, 2020

For Rustic Table, a restaurant operating within the hospitality focused district of Times Square in New York City, the impact of Covid-19 seems insurmountable. It’s a delicate balance of cash flow and savings on overhead costs that has restaurant owners scrambling for solutions.

Cash Management 228

Cash Management Point of Sale Consumer Goods Small Business 228

7 Shifts

SEPTEMBER 20, 2021

Delivery, scheduling, inventory management, reservations, and guest management have seen technological advancements over the past few years, and it's just the beginning. Use order information with inventory management software for smarter purchasing. Restaurant Task Management. Restaurant Inventory Management Software.

Technology 370

Technology Front of House Social Media Back of House 370

7 Shifts

APRIL 23, 2021

The same New York Times story found that 80 to 85 percent of Crafted Hospitality group's kitchen employees have moved out of New York City. The past year has turned servers into expert delivery packers, challenge chefs' creativity, and flipped the role of a restaurant manager on its head. What to look for in the ideal employee.

Hiring 370

Hiring Front of House Back of House Food Safety 370

Ken Burgin

JANUARY 16, 2022

Many chefs, managers and business owners have built up years of experience running kitchens and restaurants. In this podcast, Ken Burgin talks to Shaun de Vries from Open Pantry Consulting , about how he’s developed his very successful consulting business, including the excellent Principle of Hospitality Podcast.

Cash Management 113

Cash Management Website Management Social Media Insurance 113

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 78

Management Management Cash Management Insurance 78

Modern Restaurant Management

MARCH 16, 2020

Due to the Covid-19 outbreak effect on the restaurant industry, Modern Restaurant Management (MRM) magazine is compiling a list of resources available for restaurant owners, operators and managers. To be added to this guide, reach out to Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. and Canada.

Food Safety 234

Food Safety Kitchen Safety Small Business Employee Relations 234

7 Shifts

DECEMBER 8, 2020

Recommended Reading: Restaurant Task Management: How to Communicate Tasks to Staff 4. This came from 7shifts’ Business Development Representative and hospitality alum, Matt Fairbanks: “We used to open a bottle of wine and sell it by the glass for a night. Maybe it’s a coffee and a pastry, or a grain bowl, juice, and dessert.

Front of House 370

Front of House Social Media Employee Relations Back of House 370

Ken Burgin

FEBRUARY 5, 2020

With many cafes and restaurants reporting up to 80% of sales being made on card, the traditional informal cash transactions and ‘owner’s cash bonus’ have become much more difficult to manage. The electrician who always comes immediately because he’s paid cash. The vegetable guy who says he gives the best prices for cash.

Cash Management 99

Cash Management Food Supply Point of Sale Online Ordering 99

Modern Restaurant Management

AUGUST 16, 2023

Gone are the days of cash-only transactions. POS systems offer a multitude of benefits for businesses, including: Streamlined operations by automating various tasks such as sales transactions, inventory management and reporting. Here are the ways technology is revolutionizing the culinary world through.

Loyalty Program 167

Loyalty Program Mobile Ordering Dietary Restrictions Point of Sale 167

Modern Restaurant Management

MARCH 19, 2021

Congress recently signed off on a number of provisions in the Consolidated Appropriations Act of 2021 that provide financial aid to business owners in the restaurant and hospitality industries to help expedite recovery from the now year-long pandemic. The Impact of COVID. Pre-COVID, restaurants employed 10% of the entire U.S.

Tip Distribution 189

Tip Distribution Government Cash Management 2020 189

7 Shifts

JANUARY 23, 2020

This advice were submitted by owners and managers of restaurants of all sizes, concepts, and locations in the forthcoming 7shifts Restaurant Labor Management Study in 2020 ( subscribe to get your copy when it’s published!). Manager, Mercato Italiano. As a manager, work for your staff and your staff will work for your customer.

2020 335

2020 Hiring Cash Management Education 335

Future Food

OCTOBER 5, 2021

The prolonged closures on food and beverage venues have ranged from hard to devastating, not just from a sales perspective, but on the lives of hospitality workers and their families. Secondly, we have cashed-up customers who are hungry for hospitality, let’s call this demand.

Food 144

Food Café Customer Service Communication 144