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10 Top Restaurant Technologies To Evolve Your Business

7 Shifts

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. All of this (and more!)

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Expanding Your Business? Seven Tips to Improve Cash Flow to Fund a New Location

Modern Restaurant Management

It is important to consider if the first location has the cash flow to help financially carry the second location for a period of time if needed. Below are seven tips to improve the cash flow and make the most out of a current location to ensure a steady stream of revenue to serve as a buffer through those first months.

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Tik Tok Marketing Proves Profitable

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked Burke to offer additional insights on how restaurants can best use Tik Tok in their marketing efforts. What makes Tik Tok an effective income generator, particularly for cash-strapped smaller restaurants? Developing a presence on multiple social apps helps users recognize your brand.

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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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21 Unique Tip Jar Ideas + Advice on Getting More Tips For Your Restaurant or Cafe

7 Shifts

And for those who do show up in-person at a quick-serve restaurant , they're paying in cash less than one-third of the time. Cash Tip Jar Ideas. Cash Tip Jar Ideas. Cash tip jars don't require any credit card reconciliation or POS taps - just a split of the funds among all eligible staff at the end of the shift.

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How Restaurants Can Remain Competitive in 2021

7 Shifts

He also operates Cali BBQ Media and hosts the Digital Hospitality Podcast, and is an advocate for digital hospitality as a means to grow your business. With mobile ordering, there are no menus to pass out and back around, no germed-up credit cards to swipe, and no cash to handle. All of these platforms are free.

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The Ultimate Guide to Getting a Restaurant Business Loan

7 Shifts

social media marketing ) you will employ. Management Team : document your team and why they have the experience and expertise to make your restaurant a success. Appendix : include any supporting information in the appendix of your business plan. Marketing Plan : detail your pricing structure (e.g., Meet a Bank Lender.

Document 394