7 Shifts

OCTOBER 31, 2022

A restaurant business plan is one of the most (if not the most) essential elements in getting a new restaurant off the ground. There are a few reasons for this: A business plan is typically the first thing any lender or investor will want to look at. What is a Restaurant Business Plan? Restaurant Business Plan Sample Outline.

Point of Sale 397

Point of Sale Back of House Document Download 397

Get Beyond

OCTOBER 24, 2023

Small Business Saturday isn’t just a day on the calendar. It’s a massive day for making sales. Small Business Saturday can be a huge opportunity to meet new customers and grow your business’s profile. This year, Small Business Saturday falls on November 25, 2023.

Small Business 52

Small Business 2023 Social Media Customer Experience 52

Sling

APRIL 19, 2021

As a small business owner or manager, you need to speak the language of your industry. That includes general business terms , such as capital, gross, net, and — perhaps most important — profit margin. In business , margins are usually expressed as a percentage. What Is Profit Margin? Profit Margin.

Small Business 145

Small Business Cash Management Customer Service Inventory 145

BNG Point of Sale

JUNE 19, 2020

Point of System Cost / Our 2020 Guide to the Benefits of Today’s Merchant Software. As a business owner, the cost of a point of sale system you’re currently paying may be limited based on what seems affordable. Having a POS software system in place is a key way of creating immediate and more frequent sales.

Point of Sale 75

Point of Sale Mobile Ordering Merchandise POS 75

BNG Point of Sale

MARCH 9, 2020

Chances are, if you’re starting a business in retail or restaurant, people in the industry will tell you to purchase a point of sale system. If you’re new to the business, a “point of sale” or POS system is a piece of technology in which hardware and software components are used to take payments from customers.

Point of Sale 59

Point of Sale POS Loyalty Program Inventory 59

Apicbase

MARCH 3, 2023

Although the point-of-sale system (POS) remains the technological heart of restaurants, numerous technologies run behind the scenes these days. These back-of-house software systems have become indispensable for modern restaurants because they enhance profitability and simplify work for restaurant managers and kitchen staff.

Point of Sale 52

Point of Sale POS Management Management 52

Culinary Cues

DECEMBER 17, 2020

There are a number of reasons why restaurants fail – some are predictable and avoidable, while others can catch a business off guard. They just can’t survive the pain of lost business for months on end. A reduction in restaurant business leads to crop waste, unplanted land, and serious cash flow problems for farmers.

Uniforms 471

Uniforms Cash Management Brewery Consumer Goods 471

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.

Small Business 109

Small Business Cash Management Uniforms Tip Distribution 109

7 Shifts

JULY 21, 2020

Shelter-in-place orders, social distancing, and business closures make it next to impossible to generate pre-coronavirus revenue numbers. From small business loans to microgrants to business credit cards, cash is available; it just takes a bit of application work and a little know-how.

Cash Management 300

Cash Management Government Small Business Healthcare 300

BNG Point of Sale

JUNE 19, 2020

Point of System Cost / Our 2020 Guide to the Benefits of Today’s Merchant Software. As a business owner, the cost of a point of sale system you’re currently paying may be limited based on what seems affordable. Having a POS software system in place is a key way of creating immediate and more frequent sales.

Point of Sale 45

Point of Sale Mobile Ordering Merchandise POS 45

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. Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour.

2024 215

2024 Loyalty Program Cash Management Customer Experience 215

Clover - Restaurants

APRIL 23, 2024

An existing restaurant also has an established cash flow, as well as a system in place for managing inventory, staffing, and running the kitchen. There’s no guarantee that employees will stick around for a change of management or if you start changing the operating model. Why is the restaurant being sold, to begin with?

Point of Sale 52

Point of Sale Cash Management Franchise Franchising 52

Restaurant365

MARCH 10, 2022

With food costs running at approximately 30% or higher, learning importance of inventory management and how to prevent common mistakes is critical in successfully driving down costs and maximizing profits. First, let’s break down the two types of inventory costing, Actual and Theoretical. Theoretical Variance.

Inventory 78

Inventory Management Management Merchandise 78

7 Shifts

APRIL 3, 2020

Comparing 7shifts’ internal data of 10,000+ restaurants, restaurants are seeing an average weekly decrease in sales of 50% across the board in North America. So here’s the question a lot of restaurateurs are asking: how do you start drastically cutting expenses to give your business the best chance of recovery?

BOH 368

BOH POS Influencer Point of Sale 368

BNG Point of Sale

OCTOBER 15, 2021

The terms cash register and point of sale system are often interchangeably used. But there are many advantages of a point-of-sale system, over cash registers, as a company management solution. A POS also helps businesses become more efficient by gathering and analyzing data from sales transactions.

Retail 52

Retail POS Cash Management Point of Sale 52

Restaurant365

DECEMBER 11, 2020

The events of this year made running a lean, streamlined restaurant business a necessity to survive the many shifts. As 2021 begins, there are many restaurant management best practices that can be applied to strengthen your business, in the short and long term. Manage cash flow by creating a cash flow forecast.

2021 136

2021 Cash Management Management Management 136

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

Modern Restaurant Management

SEPTEMBER 14, 2022

But smaller businesses can implement AI to make small changes that impact their business. AI in the restaurant industry can assist restaurateurs and chains in providing a platter of features (pun intended) to help them streamline their businesses. Dealing with AI can be understood through video games.

Front of House 211

Front of House Mobile Ordering Loyalty Program Back of House 211

7 Shifts

JULY 28, 2021

You would think something as second nature to people as communication would be easy to manage in the workplace. Maybe one of your servers just called in sick at the last minute, your shipment of inventory containing all the ingredients for tonight's dinner special never showed up or the plumbing is acting up again. Table of Contents.

Communication 430

Communication Management Management Front of House 430

BNG Point of Sale

NOVEMBER 12, 2021

Starting a small business is both an exciting and trying process. With the right tools, business owners can turn stressful systems and manual processes into profit margins, customer retention, and lowered inventory costs. What is a Point-of-Sale ( POS ) System? Efficiency Improvement .

POS 52

POS Point of Sale Cash Management Loyalty Program 52

BNG Point of Sale

NOVEMBER 19, 2021

A point-of-sale (POS) system is more than just a way to ring up customers. A POS can effectively integrate with other key business processes, make operations more efficient and act as the backbone of your business. A POS can bring all aspects of your business together with its integration features.

POS 52

POS Operations Loyalty Program Point of Sale 52

Lavu

JANUARY 21, 2020

Businesses in the restaurant industry generate most of their revenue from selling food and beverages. A small restaurant business will often change its inventory level based on the demands of the customers. Let’s have a look at the major accounting methods used by small restaurants: Cash Accounting Method.

Cash Management 78

Cash Management Point of Sale Small Business Customer Service 78

BNG Point of Sale

OCTOBER 13, 2021

Types of Point-of-Sale (POS) Systems. Point-of Sale (POS) systems are increasingly powerful tools for improving sales and profits. They offer a wide range of hardware and software options to aid in everything from sales to management to accounting. Cash register/drawer. Touchscreen terminal.

POS 52

POS Loyalty Program Point of Sale Cash Management 52

Lavu

MARCH 2, 2020

Businesses in the restaurant industry operate on slim margins and must consider all the factors affecting profitability. Restaurant analytics and reporting involve the collection and analysis of information from all aspects of the business and its performance. An important part of restaurant operations is business intelligence (BI).

Cash Management 78

Cash Management Point of Sale Front of House Inventory 78

Restaurant365

FEBRUARY 6, 2020

Restaurant bookkeeping involves financial and accounting practices that track your business’ detailed costs and revenue. With organized financial practices and relevant, sophisticated reporting, bookkeeping can help you create a strong foundation for your business decisions. Step 1: Record Sales Through Your POS Daily.

Point of Sale 138

Point of Sale Inventory POS Cash Management 138

Restaurant365

JULY 29, 2021

Business in the restaurant industry is once again starting to look brighter. Every industry learned last year that unpredictable external events can turn your business upside down. With social distancing, changes in consumer behavior, and other swift changes, the COVID-19 pandemic quickly upended many restaurant business models.

Cash Management 78

Cash Management Point of Sale Inventory 2021 78

BNG Point of Sale

OCTOBER 13, 2021

With consumers spending so much, there’s a lot of competition amongst convenience store businesses; many convenience store owners want to do everything they can to earn their fair share of the market. To be successful, a convenience store business owner must closely monitor operational errors, waste of business hours, and business losses.

POS 52

POS Cash Management Point of Sale Equipment 52

Restaurant365

DECEMBER 20, 2021

Sharing information between teams shouldn’t require time-consuming communication to ensure accurate reporting, cost management, and forecasts. Prime cost is determined by a few small decisions that are made at the store level daily. Working with operations to set a prime cost goal.

Operations 78

Operations Leadership Point of Sale Cash Management 78

Izettle

FEBRUARY 25, 2021

But behind the acronyms lie incredible solutions to help you manage your business and increase your sales. If you’re looking for a safe, all-in-one system that supports all payment types, and helps you manage your business – you’ll want to know what an EPOS system is. Are you still using a cash till?

Cash Management 52

Cash Management Point of Sale POS Customer Service 52

Izettle

FEBRUARY 25, 2021

But behind the acronyms lie incredible solutions to help you manage your business and increase your sales. If you’re looking for a safe, all-in-one system that supports all payment types, and helps you manage your business – you’ll want to know what an EPOS system is. Are you still using a cash till?

Cash Management 52

Cash Management Point of Sale POS Mobile Ordering 52

Lavu

DECEMBER 20, 2019

Under Internal Revenue Service regulations , employees must keep a daily record of the cash and non-cash tips received, either directly or indirectly. amount of cash tips to their employer by the 10th of the following month. amount of cash tips to their employer by the 10th of the following month. that income.

Cash Management 78

Cash Management Point of Sale Employee Relations Inventory 78

BNG Point of Sale

AUGUST 19, 2021

When starting out in the restaurant business, there are many methods and procedures that improve your chances for success, and one of the most powerful is a Profit and Loss Statement (P & L Statement). Sales Breakdown: Here you list all items you sell and how much money each item has brought for a given time period.

Cash Management 52

Cash Management Point of Sale Inventory Food Truck 52

BNG Point of Sale

AUGUST 25, 2020

The cost for these hardware and software systems varies depending on the provider you use, the number of systems offered, and your business’s specific needs. This hardware cost typically included is a credit card reader, receipt printer, a portable tablet with a stand, and a cash drawer. How much does a POS System cost? TouchBistro.

POS 88

POS Cash Management Mobile Ordering Online Ordering 88

Lavu

APRIL 8, 2020

Choosing a point of sale (POS) system is one of the most important business decisions to make. The right POS system provides a powerful platform to boost sales and streamline operations. You will see improvements for customers, front of the house, the kitchen, as well as management.

POS 78

POS Loyalty Program Mobile Ordering Point of Sale 78

Squirrel Systems

AUGUST 6, 2022

From small independent restaurants to hotel & resort properties, thousands of sites are running or upgrading to Squirrel 11 – our most modern and powerful flag ship point of sale. Gain Operational Efficiency Speed up day-to-day tasks and do more with less staff so you can grow your business.

Cash Management 52

Cash Management Online Ordering Hotels Point of Sale 52

7 Shifts

NOVEMBER 17, 2022

Good drinks and a nice environment will still draw customers in, but adding games to your bar or pub can bring in larger crowds, different demographics, provide more value for your guests, and increase sales and tips for your bar. Differentiate your business from competitors. Drinks, food, games? However, this is shifting.

Bar 195

Bar Sports Outdoor Brewery 195

Deliverect

MARCH 17, 2020

As more cities and countries are implementing social distancing measures in an attempt to slow down the coronavirus outbreak, local businesses will feel the impact. Governments all over the world have been ordering restaurants, bars and other food businesses to close up shop - until further notice. Offer delivery and/or takeaway.

Online Ordering 146

Online Ordering Merchandise Food Website Management 146