Modern Restaurant Management

FEBRUARY 3, 2022

Seventy-four percent of full service restaurants (FSRs) managed to maintain or increase their sales during the pandemic; however, profit margins in 2021 declined to 10 percent, compared to 12 percent in 2019, according to third annual State of Full Service Restaurants Report released by TouchBistro.

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Loyalty Program Online Ordering Cash Management Point of Sale 194

Culinary Cues

AUGUST 7, 2021

STATE OF MIND: Many are approaching this challenge as a roadblock to success, something that is preventing restaurants from finally getting their groove back and watching cash flow exceed the cost of doing business. Menu item profit margins are typically low, making it difficult for restaurants to find the reserves to pay better wages – why?

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Social Media Cash Management Blog Equipment 474

SpotOn

MARCH 4, 2024

While those classic cash registers did wonders back in the day, point-of-sale (POS) systems have now become the industry standard for small businesses and restaurants. Alongside transactions, modern POS systems run software applications to help businesses manage their employees, reach new customers, and encourage existing ones back in.

Small Business 52

Small Business POS Cash Management Point of Sale 52

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.

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Management Management Mobile Ordering Point of Sale 120

Restaurant365

SEPTEMBER 23, 2021

Whether you’re a bookkeeper, accountant, restaurant owner, or store-level manager, understanding the basics of accounting can pay dividends for your business. Healthy accounting procedures for restaurants can help you manage food and labor costs, understand your profits and losses, and make strategic decisions about expenses and investments.

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Cash Management Point of Sale POS Inventory 147

Modern Restaurant Management

FEBRUARY 4, 2022

This instability will push operators to trim costs by shortening menus and investing in labor-saving technology to free up cash for wage increases. A short menu can slim down the food costs through streamlined inventory management, as well as reduced food waste. Focus on seasonal produce to ensure peak freshness.

2022 218

2022 Customer Service Online Ordering Website Management 218

7 Shifts

OCTOBER 31, 2022

The management team. Management team. Here is also a good time to discuss processes you plan to adhere to in the back of the house, such as food cost control methods and who your inventory suppliers are. You may want to list out: Team Management. Inventory management systems. Task management tools.

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Point of Sale Back of House Document Download 397

Modern Restaurant Management

DECEMBER 10, 2019

According to a study, 82 percent of small businesses fail due to cash flow problems. A cash flow shortage occurs when more money is flowing out of the business than is flowing into it. During a cash flow shortage, you might not have enough capital to cover your payroll or other operating expenses.

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Cash Management Seasonal Menu Social Media Small Business 124

Modern Restaurant Management

SEPTEMBER 14, 2022

AI can assist restaurants in optimizing how they manage and operate menus to increase margins. Control Costs : With automated table reservations to take orders on mobile devices, AI in restaurants can help the owners save money on hiring more staff. But they have tons of cash to burn on such gimmicks, right?

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Front of House Mobile Ordering Loyalty Program Back of House 211

Embrace the Suck

JANUARY 20, 2021

They didn’t have adequate cash reserves and lived for the weekend sales to keep them going. We should be managing our inventory better. This will also reduce inventory and staffing as well, which is a good thing moving forward. Get Your S**t Together. Now, look at your restaurant. Action Steps.

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Social Media 2001 Online Ordering Cash Management 416

Culinary Cues

MAY 15, 2021

Four-page menus do not reflect business common sense – inventories become unmanageable, waste is much more difficult to manage, the level of expertise required of employees grows exponentially, consistency and quality are challenging, and profit is hard to predict and realize.

Customer Experience 387

Customer Experience Cash Management Customer Service Front of House 387

Cheetah

OCTOBER 3, 2020

These include being familiar with health guidelines issued by the CDC, reevaluating the value of labor, integrating new technologies and rethinking inventory. The value of labor Social distancing Hygiene and sanitation Technology solutions Optimizing your inventory. Optimizing Your Inventory.

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Inventory Insurance Cash Management Point of Sale 78

Deliverect

JULY 24, 2020

Is it limited to taking payments and orders, or does it also provide inventory management, a reservations system, kitchen and shift management tools? It’s becoming increasingly important to have a system in place to handle delivery orders and manage the driver or customer pick-up process.

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Technology Mobile Ordering Front of House Online Ordering 110

Open for Business

OCTOBER 20, 2023

You’ll need to cover continuous costs like: Utility bills for electricity, water, and gas Regularly updating your food and drink inventory Paying your staff’s wages Budget for promotional activities Upkeep of the premises Any legal permits or licenses you’ll need to keep the doors open.

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License Email Marketing Seasonal Menu Front of House 78

Lavu

MARCH 11, 2020

Understanding Restaurant Management Software. Among the technology offered today is restaurant management software. . If you’re in the beginning stages of looking for a restaurant management system , you might have multiple questions or concerns. Why do you need restaurant management software?

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Management Management Cash Management Mobile Ordering 78

Hot Schedules

MARCH 20, 2020

What can you do to help your staff, manage your operations, and keep the lights on – even in the dark? For some restaurants, packaging excess inventory into “meal kit” boxes can help generate some extra revenue, provide relief to guests stuck at home in self-isolation, and keep food from going to waste. Had to cancel a reservation?

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Social Media Cash Management Employee Relations Delivery 141

Modern Restaurant Management

JANUARY 28, 2021

Owners and managers can struggle with keeping their teams accountable and up the standards they expect. Restaurant owners and managers spend time out of the kitchen doing paperwork and administrative work. Improving employee accountability doesn’t have to be an awkward process reserved for one-on-ones.

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Cash Management Restaurant Law Training Take-out 186

Restaurant Engine

JANUARY 26, 2022

So, you want to do inventory on at least a weekly basis if not daily. This will help you manage your inventory, have the right stock on hand, and ensure no one is stealing your food. By controlling food waste with accurate inventory management, you’ll improve your food service bottom line. 6: Pay on Time.

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Cash Management Food Website Management Inventory 59

Deliverect

JUNE 30, 2020

So how can you make sure you streamline your operations so you can give the customer what they want, while managing your business in the most efficient way? Once customers have made their choice of restaurant and landed on your website, they would prefer to reserve their table immediately and, if possible, without picking up the phone.

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Food Online Ordering Cash Management Waste 94

Modern Restaurant Management

MAY 21, 2020

With less inventory and even fewer customers coming in, we recommend that you widen your margins and revamp your offerings. For their safety and convenience, enable delivery and payment services that allow customers to pay without cash, as well as choose when and how their order should be delivered. Offer Disposable Menus.

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Social Media Food Safety Cash Management Kitchen Safety 215

Cheetah

SEPTEMBER 29, 2020

More than a POS system, Upserve is a full-fledged restaurant management software with the promise to streamline your entire operation into a simple, integral and unified interface. It has features like a built-in CRM system, a workforce schedule interface, a menu manager and even a marketing ROI analyzer. Essentials: $99/m.

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POS Loyalty Program Mobile Ordering Cash Management 78

The Restaurant Times

JANUARY 18, 2023

Independent platforms, such as online ordering platforms, rewards programs, food delivery, and customer relationship management systems (CRM), should work together to offer a seamless experience. What Is An Integrated Restaurant Management System? for managing phone calls, . taking table reservations, .

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Operations Loyalty Program Point of Sale Online Ordering 52

Lavu

APRIL 8, 2020

You will see improvements for customers, front of the house, the kitchen, as well as management. From a simple ordering and point-of-sale processing, modules and software can add hospitality efficiencies, mobile/online ordering, loyalty programs, and inventory management. Reservations & Table Management.

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POS Loyalty Program Mobile Ordering Point of Sale 78

Restaurant365

NOVEMBER 26, 2019

Restaurant management software can streamline restaurant operations, helping you become more efficient and profitable. However, not all restaurant management systems are created equal — and the tools you have access to can play a large role in your success. Cloud-based management. User-friendly order management.

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2020 Management Management Mobile Ordering 117

Deliverect

OCTOBER 2, 2019

Pick the right one and you can streamline all your restaurant operations, from orders and payments to staff and inventory management. Key features include floor management, customer and inventory tracking, table-side ordering and an offline mode. Booking management, analytics and client knowledge is included, as well.

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POS Delivery Cash Management Point of Sale 60

Lavu

SEPTEMBER 29, 2023

Some ways Lavu can help automate tasks and improve efficiency are: Order Management: Lavu provides a user-friendly interface for taking orders, which reduces errors and speeds up the process. Reporting and Analytics: Lavu generates detailed reports on various aspects of your operation, such as sales, labor costs, inventory, and more.

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Loyalty Program Front of House Mobile Ordering Customer Service 166

Restaurant365

DECEMBER 20, 2021

Sharing information between teams shouldn’t require time-consuming communication to ensure accurate reporting, cost management, and forecasts. From ordering inventory for the weekend to scheduling staff for next week, these small decisions add up over time to impact the larger numbers.

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Operations Leadership Point of Sale Cash Management 78

The Restaurant Times

NOVEMBER 6, 2020

Let’s take a closer look at how to track data with a restaurant management system and utilize this information to increase your revenue. How to Track Data with a Restaurant Management System to Increase Restaurant Profit. Inventory Data. Inventory is one of the most crucial areas of restaurant operations.

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Management Management Cash Management Point of Sale 64

Restaurant Clicks

FEBRUARY 17, 2020

A good point of sale system can help streamline your restaurant’s processes, from payments to inventory and much more. POS systems essentially function as cash registers , but with better technology and tracking. Inventory management. Menu management. Reputation management. Table management.

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POS 2020 Point of Sale Loyalty Program 78

Apicbase

FEBRUARY 29, 2024

National Restaurant Association , 2024) Recommended Read : Restaurant Menu Costing — How to Automate Recipe Calculations & Eliminate Low-Margin Items Restaurant Procurement & Inventory Statistics Restaurateurs looked for more affordable suppliers or replaced ingredients with cheaper alternatives. However, there is still a 2.6%

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2024 Operations 2023 Loyalty Program 52

The Restaurant Times

SEPTEMBER 5, 2020

The Covid-19 pandemic has clearly indicated that crisis management requires drastic changes in how the restaurant industry operates. The guiding principle behind future restaurant crisis management should be the safety and security of your business, employees, and customers. Remain Aware Of Current Events.

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Management Management Cash Management Employee Relations 90

BNG Point of Sale

OCTOBER 26, 2020

If you are a restaurant owner, spend less time tracking inventory, monitoring employee theft, and training new staff. inventory control. reservation management. At the same time, you can keep a close eye on profits and department performance with robust reporting systems and advanced management capabilities.

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POS Point of Sale Loyalty Program Online Ordering 98

BNG Point of Sale

OCTOBER 26, 2020

If you are a restaurant owner, spend less time tracking inventory, monitoring employee theft, and training new staff. inventory control. reservation management. At the same time, you can keep a close eye on profits and department performance with robust reporting systems and advanced management capabilities.

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POS Point of Sale Loyalty Program Online Ordering 97

Lavu

DECEMBER 6, 2019

Particularly when it comes to restaurant management which requires knowledge of both front of house and back of house needs. Cash registers are not as developed as a POS framework and lack a significant number of the capacities and highlights of a cutting edge system. . Digital inventory tracking. What is an automated scheduler?

Kitchen Safety 78

Kitchen Safety Social Media Point of Sale Front of House 78

Apicbase

AUGUST 25, 2023

Imagine you’re in a restaurant and have been using an analogue cash register for years. With a digital POS, you’re not just processing payments; you’re analysing sales trends, managing reservations, and getting insights into customer preferences. It does the job, but it’s limited.

Cash Management 52

Cash Management Technology Front of House Allergens 52

BNG Point of Sale

AUGUST 25, 2020

Most systems help streamline the purchase and tracking process to help save you time and money and take advantage of advanced management solutions for increased functionality on the back end to boost revenue further. Inventory Management. Reservation Management. Delivery Management. Table-side ordering.

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POS Cash Management Mobile Ordering Online Ordering 88

BNG Point of Sale

MAY 28, 2020

With mobile POS system options, small business owners can find a phone app software that can not only accept payments but also manage parts of their business straight from a tablet or phone. A mobile POS system is a secure, convenient, and efficient management tool designed for small businesses to help them run smoothly.

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POS Mobile Ordering Point of Sale Small Business 94