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Engineered for Success: Boosting Profits through Intelligent Menu Planning

Modern Restaurant Management

By understanding customer behavior, strategically placing high-profit items, and incorporating innovative pricing strategies, restaurant owners can transform their menu into an influential factor driving business success. Employing efficient cash management software can help you track expenses and optimize cash flow.

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Just Launched: 7shifts Tip Payouts!

7 Shifts

It influences the livelihoods of restaurant workers around the world. I'm excited to introduce Tip Payouts , an easy-to-use tip payment solution that empowers restaurant managers to send tips directly to employees' bank accounts in seconds. With 7shifts, you can now manage your tips and your team all from the same platform.

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Growing a Restaurant Strategically – The Keys Are Alignment, Timing and Control

Modern Restaurant Management

Most importantly, restaurateurs should ask themselves candidly whether an innovation aligns with the restaurant’s three to five-year vision versus distracting strategic focus and resources from higher-impact growth priorities. Investors generally push hard for influence or even majority board seats directing strategy and operations.

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2024 Outlook: Restaurant Trends and Challenges, Part Three

Modern Restaurant Management

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.

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Challenges and Solutions for Relocating a Bar or Pub

The Rail

Depending on where you plan on moving, each neighborhood has its own set of rules that could significantly influence your business operations. Negotiating with suppliers and finding innovative marketing strategies can also help keep expenses in check. Keeping a close eye on cash flow during this period is vital.

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Top 5 Hospitality Trends for your Business — the Inside Scoop

Kounta

This fixation has driven innovations like self-serve kiosks and kicked off fads like ramen burgers. Trend 1: Cash me if you can — cashless society will reach greater heights. Turning point: calling time on cash — Commonwealth Bank of Australia. Trend 2: Green goes mainstream — zero waste movement will influence dining habits.

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2023 Outlook: Trends and Challenges Restaurants Will See, Part Two

Modern Restaurant Management

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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