Remove Cash Management Remove Loyalty Program Remove Point of Sale Remove Recruiting
article thumbnail

The State of Full Service Restaurants

Modern Restaurant Management

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.

article thumbnail

Restaurant Recruiting, Staffing, & Turnover Trends: What You Need to Know About Managing Restaurant Staff in 2021

Black Box Intelligence

Some experts pointed to enhanced unemployment benefits as a deterrent for employees returning to work, although recent evidence shows that cutting those benefits doesn’t significantly reduce the labor shortage. . To overcome these issues, recruiters are getting creative , offering perks ranging from interview bonuses to competitive benefits.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Restaurant Recruiting, Staffing, & Turnover Trends: What You Need to Know About Managing Restaurant Staff in 2021

Black Box Intelligence

Some experts pointed to enhanced unemployment benefits as a deterrent for employees returning to work, although recent evidence shows that cutting those benefits doesn’t significantly reduce the labor shortage. . To overcome these issues, recruiters are getting creative , offering perks ranging from interview bonuses to competitive benefits.

article thumbnail

Turning Restaurant Staffing Challenges Into Opportunities

Modern Restaurant Management

Facing multiple headwinds, restaurant owners and management must employ the most effective tool available: effective communication. A good starting point for addressing many issues is use of a manager’s log. And don’t forget a long-time, well-established business management tactic: the employee suggestion box.

article thumbnail

Restaurant Management Software: A Comprehensive Roundup

Aaron Allen & Associates

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.

article thumbnail

8 Ways CFOs Can Help Restaurant Groups Through the Restaurant Reopening/Recovery

Restaurant365

The restaurant industry saw new trends like: Increased sales for take-out and delivery. Increased focus on restaurant loyalty programs or custom mobile apps. Rise of ghost or virtual kitchens targeting delivery-only sales. Ultimately, managing your vendor relationships is an area of risk management.

article thumbnail

6 Expert Tips To Create An Effective Cafe Business Plan For The UK

The Restaurant Times

Management Team: This should include the list of stakeholders involved in the management of your cafe such as owner, manager, Head Chef, etc. Cafe businesses can return to profitability provided they have a viable strategy and business plan in place. However, you must have certain things in place to ensure that happens.