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

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

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. Health-Conscious Food Will Dominate Menus.

2022 218

2022 Customer Service Online Ordering Website Management 218

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. But they have tons of cash to burn on such gimmicks, right?

Front of House 211

Front of House Mobile Ordering Loyalty Program Back of House 211

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.

Cash Management 124

Cash Management Seasonal Menu Social Media Small Business 124

Restaurant365

JUNE 9, 2020

As your restaurant business begins to recover from restrictions put on it due to COVID-19, it is crucial to assess your financials and strategize your costs. By generating a budget for your controllable costs , you can create a clearer path for your cash to move. Manage your cash flow. One of these costs is labor.

Cash Management 97

Cash Management Management Management Small Business 97

Xtra Chef

SEPTEMBER 14, 2020

This product release includes the debut of Waste Tracking for Inventory Management users, updates to xtraCASH and Sync, and some new features to look for in the Vendor Hub and Purchasing & Ordering Management. Inventory Management users, meet Waste Tracking! Misfired item from chef?),

Waste 88

Waste Cash Management Online Ordering Inventory 88

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

Hot Schedules

MAY 25, 2021

How is Fourth’s MacromatiX’s solution helping the leading quick service businesses in the world? Software Engineering Manager. Software Engineering Manager. How Fourth’s MacromatiX’s solution helps the leading quick service businesses in the world: (by John Adams). Chad Marais. Georgi Stamatov. Ivo Sapoundzhiev.

Cash Management 148

Cash Management Customer Service Customer Experience Sports 148

Cheetah

APRIL 13, 2021

When we first set out to provide e-commerce solutions for Small-Medium business supplies, we were hoping to make just a bit of a dent. Just five years after Cheetah was founded, we’ve managed to process over 350,000 orders, supply over 1,000,000 products, and service over 3,000 restaurants. We’ve come a long way since 2015.

Operations 78

Operations Food Truck Food Supply Small Business 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

BNG Point of Sale

NOVEMBER 19, 2021

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. A digital POS system takes a traditional cash register to the next level. What is a POS System?

POS 52

POS Operations Loyalty Program Point of Sale 52

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. A digital POS system takes a traditional cash register to the next level.

POS 52

POS Point of Sale Cash Management Loyalty Program 52

Mad Mobile

FEBRUARY 5, 2024

As a business owner, you’re always trying to maximize your operational efficiency. There are plenty of ways people cut costs to try and save a business that simply don’t work. Implementing a tableside ordering system like CAKE from Mad Mobile can reshape how you run your business.

Ordering 52

Ordering Fast Casual Mobile Ordering Customer Service 52

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). Food and drink inventory costs need to include the ingredients costs per meal or per drink. electric and waste removal.) .

Cash Management 52

Cash Management Point of Sale Inventory Food Truck 52

Apicbase

MARCH 3, 2023

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. Chief among these restaurant management systems is a F&B management platform such as Apicbase. Let’s find out how.

Point of Sale 52

Point of Sale POS Management Management 52

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

Xtra Chef

APRIL 22, 2020

If you have successfully been able to adapt your business to keep your doors open, or even were able to utilize small business assistance programs, it’s likely that you’ve already had your eye on coming out of the other side of the COVID-19 outbreak strong. For a lot of restaurants, inventory is notoriously difficult to track.

Cash Management 80

Cash Management Back of House Inventory Seating 80

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

7 Shifts

FEBRUARY 15, 2024

The demands of the modern bar are significant: inventory issues, demanding customers, volatile prices, and — perhaps the biggest of all — staffing, scheduling, and other labor concerns. Bar management software is a tech-forward way to handle many of the elements necessary to operate a bar successfully.

Inventory 195

Inventory Bar Management Management 195

7 Shifts

FEBRUARY 15, 2024

The demands of the modern bar are significant: inventory issues, demanding customers, volatile prices, and — perhaps the biggest of all — staffing, scheduling, and other labor concerns. Bar management software is a tech-forward way to handle many of the elements necessary to operate a bar successfully.

Inventory 195

Inventory Bar Management Management 195

iTab POS

NOVEMBER 8, 2018

Running a restaurant business is no easy feat. In such circumstances, your ability to run business operations without reducing the quality of food and service can be the difference between failure and success. Why Invest in a POS System for Your Business? You need to work round-the-world and time is limited for you.

Cash Management 40

Cash Management Mobile Ordering POS Point of Sale 40

Lavu

JANUARY 21, 2020

In the competitive restaurant world, owners have to understand both the operational and administrative activities of their business. While most people understand the importance of technology in increasing efficiency, not everyone understands how to choose the right technology for their business.

POS 78

POS Small Business Point of Sale Customer Service 78

MBB Hospitality

NOVEMBER 13, 2018

The restaurant business can be tough. Check out these restaurant consulting tips for the DIY restaurant owner or manager: The customer is always right. Check out these restaurant consulting tips for the DIY restaurant owner or manager: The customer is always right. Keep eye on cash flow. Create recipe costing cards.

Management 40

Management Management Social Media Cash Management 40

Notch

JANUARY 23, 2019

It's not only your business and your livelihood— it's also your dream. In fact, the basic formula for more profits is universal, regardless of the business you're in. This means spending less money on your business and getting more guests to spend more money at your business. Profits equal revenue minus costs.

Email Marketing 72

Email Marketing Merchandise Website Management Point of Sale 72

Notch

JANUARY 23, 2019

It's not only your business and your livelihood— it's also your dream. In fact, the basic formula for more profits is universal, regardless of the business you're in. This means spending less money on your business and getting more guests to spend more money at your business. Profits equal revenue minus costs.

Email Marketing 52

Email Marketing Merchandise Website Management Point of Sale 52

Apicbase

JULY 20, 2023

Tight inventory management is crucial to the profitability of any restaurant business, but it’s especially important for multi-outlet businesses, where mistakes and small discrepancies are multiplied many times over. Read on to discover: What are inventory PAR levels? What Are Inventory PAR Levels?

Inventory 40

Inventory Food Safety Cash Management Waste 40

Xtra Chef

OCTOBER 28, 2020

Restaurant inventory management is not the most enjoyable restaurant task. Inventory management is a cost management strategy that influences your restaurant food costs , revenue, profitability, and cash flow. But having too little inventory makes it difficult to meet customer demand.

Inventory 78

Inventory Management Management Cash Management 78

Modern Restaurant Management

AUGUST 5, 2020

and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. This year’s Neighborhood to Nation Contest will double the number of winners to award 20 prizes of $5,000 in cash along with a robust marketing package.

Food Safety 210

Food Safety Mobile Ordering Online Ordering Kitchen Safety 210

Xtra Chef

DECEMBER 11, 2019

Yet, without proper restaurant accounting, it is impossible to control your finances and keep your restaurant in business. The purpose is to help teams to better understand how accounting relates to the business of running a successful restaurant. In Part 2, we’ll help you decide how best to manage accounting at your restaurant.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

Xtra Chef

AUGUST 12, 2020

Food cost management is particularly important during a recession or economic downturn , as many restaurant owners are finding right now. But managing restaurant food costs can be challenging. Managing restaurant food costs doesn’t have to be complicated. Manage Restaurant Inventory with an Iron Fist.

Food 120

Food Inventory Waste Food Order 120

Touch Bistro

APRIL 12, 2021

But what you don’t see through this rose-colored lens is a very real threat to your business – employee theft. This is why it’s crucial to brush up on your knowledge of restaurant loss prevention and put a strategy in place to protect your business. Cash Register Skimming. We’ll cover: What is loss prevention?

Cash Management 52

Cash Management POS Inventory Point of Sale 52

Open for Business

DECEMBER 12, 2023

Quick links Chapter 1: Business structure The right business structure Overview of a common business structure Chapter 2: The financials How much will you need? Overview of a common business structure There is no blanket “best” or “worst” way of structuring your business. What makes someone a good Investor?

Back of House 78

Back of House Restaurant Law Email Marketing Small Business 78

Lavu

JANUARY 21, 2020

Businesses no longer do their books manually or use Excel spreadsheets for their accounting purposes. Even small businesses are now shifting from the paper-pencil accounting to a more digitized and optimized way. Even small businesses are now shifting from the paper-pencil accounting to a more digitized and optimized way.

POS 78

POS Small Business Cash Management Online Ordering 78

Modern Restaurant Management

FEBRUARY 18, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry movers and shakers: "What do you feel is going to cause disruption in the restaurant industry over the next decade?” In addition to improving the guest experience, technology also makes it easier for restaurants to manage their operations.

Mobile Ordering 215

Mobile Ordering Front of House Fast Casual Customer Service 215

Modern Restaurant Management

MAY 12, 2020

The idea of purchasing Dining Bonds seemed to strike a chord with the public as a way to provide much needed financial support in order to help restaurants stay in business. Dunkin’s transition to paper cups will remove approximately one billion foam cups from the waste stream annually. franchisees for use in their restaurants.

Mobile Ordering 150

Mobile Ordering Online Ordering Food Order Recycling 150

Restaurant365

MARCH 30, 2020

Are you going to get enough business to keep your doors open? If there is a chance that you can reach people who wouldn’t otherwise be patronizing your business, delivery is something to explore. Your accounting team should be part of this decision to help you decide what factors make sense for your business model.

Delivery 78

Delivery Operations Insurance Cash Management 78