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 208

2024 Loyalty Program Cash Management Customer Experience 208

7 Shifts

NOVEMBER 18, 2022

For owners, it'll ensure that you are more than prepared come tax season. More tip management resources. Passing part of this cost directly to tipping customers allows restaurants to retain more capital; it makes it easier to keep menu prices lower, hire additional staff , enable investments in your team, and expand your business.

Cash Management 195

Cash Management Restaurant Law Back of House Customer Service 195

7 Shifts

OCTOBER 22, 2021

That's where proper holiday work scheduling comes into play — and with the right combination of tools, organization, and communication, restaurants and their teams will soar through the holiday season with more ease than Santa on his sleigh. Table of Contents. Need a Holiday Work Schedule? Gathering Employee Availability & Feedback.

Seasonal Menu 370

Seasonal Menu Hiring Reference Mobile Ordering 370

Restaurant365

DECEMBER 11, 2020

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. Your total cash flow is your cash inflows (for restaurant. Cost out your menu items and recipes.

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. Restaurants will also explore delivery options beyond costly third-party partnerships, and hike delivery menu prices to make the channel more lucrative as off-premise demand holds steady.

2022 214

2022 Customer Service Online Ordering Website Management 214

Modern Restaurant Management

JANUARY 30, 2024

Research New Offerings Rigorously Before Adding The question of whether, when and how aggressively to add new menu items, expand hours/days, launch catering options or open another location has substantial implications for restaurateurs. Expand thoughtfully at a manageable pace that allows teams and culture to season properly.

Leadership 191

Leadership Small Business Cash Management Customer Experience 191

7 Shifts

JANUARY 23, 2020

As you plan out your concept, location, menu, staffing, and marketing, take a read through the advice left by hundreds of restaurateurs to ensure you’re set up for success in 2020. Ensure your business plan is real and not theoretical, in order to understand every operation cost you will come to a head with, and ensure positive cash flow.

2020 335

2020 Hiring Cash Management Education 335

Restaurant365

AUGUST 25, 2020

Comprehending your restaurant cash flow is essential to running your restaurant business. Cash flow refers to the amount of cash coming into your restaurant minus the amount of cash going out on a daily, weekly or monthly basis. Common factors that cause cash flow issues. Too much inventory. Unexpected expenses.

Cash Management 97

Cash Management Seasonal Menu Inventory Email Marketing 97

EATER

JUNE 22, 2023

Now it’s back for Season 2, which finds Carmine “Carmy” Berzatto (Jeremy Allen White) and the gang preparing to take on the only thing more challenging than turning around your family’s failing restaurant: transforming that failing restaurant into a bona fide fine dining destination. After Carmy revamps the menu, the Original Beef takes off.

Fine Dining 98

Fine Dining Seasonal Menu Cash Management Dine-in 98

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 390

Customer Experience Cash Management Customer Service Front of House 390

Xtra Chef

NOVEMBER 11, 2020

The holiday season is usually full of family, friends, and fun—and a lot of profitability for the restaurant industry. Restaurants that are already trying to find ways to cut food costs and optimize efficiency with reduced opportunities for revenue are now asking themselves: How do we thrive during this holiday season?

Hospitality 155

Hospitality Seasonal Menu Front of House Social Media 155

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

7 Shifts

MARCH 10, 2021

This process includes focusing on your daily finances , such as cash flow, payroll, and inventory. Invest in Technology Accounting and inventory management software are just a couple of the technologies that small business owners should invest in. Spotting trends and adding them to your menu can also help you succeed.

Management 370

Management Management Small Business Email Marketing 370

Open for Business

OCTOBER 20, 2023

From budgeting and licensing to crafting the perfect menu, here’s everything you need to know about how to open a restaurant. Market research Before you even think about the menu or location, you need to understand the guests who will walk through your doors. Creating the menu Your menu is the restaurant’s calling card.

License 78

License Email Marketing Front of House Seasonal Menu 78

Restaurant Engine

DECEMBER 9, 2020

The most important thing to consider is whether or not you have the resources to manage the added work. Things to think about include: Who will manage the catering operations? You’ll want a specific catering menu, a way to generate bills, contracts, and policies and procedures in place including deposits and cancellation policies.

Catering 113

Catering Website Management Seasonal Menu Food Supply 113

The Food Corridor

NOVEMBER 23, 2021

And with the holiday season fast approaching, there’s plenty of opportunities to boost sales by offering products and services that can be given as gifts. Host a Holiday Cooking Class A great way to spread awareness of your business while also making some cash is to bring your customers into the business and host a cooking class.

Food 98

Food Seasonal Menu Catering Cash Management 98

Restaurant365

JULY 29, 2020

Though forecasting your restaurant’s sales is vital to determining your cash flow, if you’re not forecasting your sales by their individual revenue centers – dine in, take out, delivery, curbside, catering, etc. – Analyze and Reevaluate Your Menu Design. cash, credit card, contactless). Forecasting by revenue center.

Cash Management 88

Cash Management Online Ordering Inventory Seasonal Menu 88

Restaurant365

JULY 29, 2020

Though forecasting your restaurant’s sales is vital to determining your cash flow, if you’re not forecasting your sales by their individual revenue centers – dine in, take out, delivery, curbside, catering, etc. – Analyze and Revaluate Your Menu Design. cash, credit card, contactless). Forecasting by revenue center.

Cash Management 78

Cash Management Online Ordering Inventory Seasonal Menu 78

Mad Mobile

MAY 22, 2024

However, some owners don’t realize they can leverage their bar POS data to make smarter table management decisions. Managing a bar comes with unique challenges. You could also consider a standing-room-only section with an express menu of quick-service drinks like beer and wine to keep things flowing.

POS 40

POS Bar Mobile Ordering Customer Service 40

Lavu

JANUARY 3, 2020

EBITDA shows the earning power of the business based on its cash flow. EBITDA subtracts all non-cash items. Some of the items excluded in Adjusted EBITDA include non-cash items, unrealized gains and losses, one-time gains and losses, non-operating income, and litigation expenses. . What is adjusted EBITDA?

Cash Management 80

Cash Management Point of Sale Seasonal Menu Inventory 80

7 Shifts

APRIL 23, 2021

The past year has turned servers into expert delivery packers, challenge chefs' creativity, and flipped the role of a restaurant manager on its head. Do you need a prep cook or a chef to help develop a new patio menu ? Seasonal employees that are eager to return. Determining what roles you actually need to fill.

Hiring 370

Hiring Front of House Back of House Food Safety 370

The Food Corridor

DECEMBER 6, 2022

With the holiday season fast approaching, there’s plenty of opportunities to boost sales by offering products and services that can be given as gifts. Host a Holiday Cooking Class A great way to spread awareness of your business while also making some cash is to bring your customers into the business and host a cooking class.

Food 52

Food Seasonal Menu Cash Management Catering 52

Ken Burgin

FEBRUARY 15, 2022

The best way to manage this paradox is to have some supplier tips and tools up your sleeve – here are some suggestions. But suppliers need to promise long term goals to the farmers and companies supplying them with goods, often on a quarterly or seasonal basis – they think medium to long term. Use Dynamic Menu Changes.

Beverage 68

Beverage Tip Distribution Seasonal Menu Food 68

Modern Restaurant Management

DECEMBER 16, 2021

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their views on trends. With more options to work outside of the hospitality industry, operators must offer employees more scheduling flexibility, facilitate transparent communication between management and team members, and avoid overworking staff.

2022 170

2022 Food Supply Back of House Kitchen Safety 170

The Restaurant Times

MARCH 10, 2022

If your head chef is responsible for managing the kitchen and producing great food, the restaurant manager is accountable for the smooth functioning of the establishment and many other duties. Tips To Streamline Restaurant Manager Duties In The UAE. Resource Management . Menu & Pricing .

Management 52

Management Management Cash Management Employee Relations 52

Goliath Consulting

OCTOBER 19, 2020

This flexibility will key as the cold season approaches (6). A big part of the trend of automation for customers will revolve around new payment and menu alternatives. AI-powered training, staff scheduling and smart inventory (via RFID tags) are also expected to grow and enhance all aspects of restaurant management.

2021 135

2021 Point of Sale Food Safety Kitchen Safety 135

7 Shifts

JANUARY 26, 2021

Ordering online, paying with mobile phones, scanning QR codes for a menu, and a ton of takeout, are just a part of dining out now. 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. For fast-casual and quick-service restaurants—no more lines.

2021 370

2021 Front of House Social Media Back of House 370

Deliverect

MARCH 24, 2021

The ghost kitchen model is appealing to those who are strapped for cash and want to open a low-risk business with minimal overheads. But you should also consider that investment in kitchen tech, order management equipment, menu optimization , and the right team will massively improve your chances of success in the competitive delivery market.

Food Truck 148

Food Truck Front of House Fine Dining Food Order 148

Cheetah

DECEMBER 14, 2021

For restaurant operators, shifting to plant-based ‘cash-cows’ not only makes economic sense, but it has never been easier. This winter be sure to have at least two vegan desserts with massive profit margins on the menu to increase ticket sizes and improve your bottom line. Why Traditional Desserts Are Not Profitable.

Food Supply 148

Food Supply Seasonal Menu Cash Management Pricing 148

The Restaurant Times

AUGUST 5, 2022

Successful restaurant accounting can help in efficient cash management, balancing financial books, optimizing costs, and overall business planning. You can find out what your best-selling menu items are as well as narrow down on your most costly expenses. Better assessment of each business cycle or season.

Cash Management 52

Cash Management Point of Sale Inventory Employee Relations 52

Next Restaurants

MAY 26, 2020

High-end restaurants that tend to have a pricier menu should look to add more affordable “fast” food to their offerings. Instead, you can reach a compromise in your menu. You may also consider a rotating menu that serves in-season and readily available dishes to keep costs down. Offer Disposable Menus.

Webinar 89

Webinar Social Media Food Safety Cash Management 89

Modern Restaurant Management

MARCH 13, 2020

As the Coronavirus crisis continues, Modern Restaurant Management (MRM) magazine asked industry insiders what best practices restaurants should have in place for social distancing, as per CDC guidelines. So while it’s early in the season, open up patio and sidewalk space if you have it.

Front of House 167

Front of House Back of House Restaurant Law Food Safety 167

BNG Point of Sale

JULY 16, 2021

A high turnover rate means people come back often enough because they like your menu selection so there is less urgency associated with their visit which results in longer stay times for guests and increased spending per customer. These important business models are what profitable restaurants don’t take lightly.

Point of Sale 52

Point of Sale Seasonal Menu Cash Management Fine Dining 52

Lavu

NOVEMBER 8, 2019

As the owner or manager of a restaurant, when you’re aiming to grow profitability, accounting is an area where you need to be comfortable. It might be considered the most dreaded part of running your business, but to be profitable and to manage the money, there’s no way it can be avoided. Unavoidable Restaurant Expenses.

Management 85

Management Management Food Truck Cash Management 85

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. Menu Management.

POS 78

POS Loyalty Program Mobile Ordering Point of Sale 78

The Restaurant Times

MARCH 29, 2021

Apart from the competition, there are several factors such as seasonality, economy, etc. In this article, we have shared some techniques that restaurants in the UAE can utilize to attract new customers, widen the customer base, and maintain steady cash flow. Price The Menu Items Carefully. that poorly affect sales.

Loyalty Program 52

Loyalty Program Point of Sale Online Ordering Seasonal Menu 52

Modern Restaurant Management

SEPTEMBER 15, 2021

“The Discerning Diner report provides our members with the information they need to make choices around everything from menu selections and customer service options, to marketing initiatives and possible new revenue streams that today’s consumer is interested in. ” Holiday Season Expectations.

2021 156

2021 Loyalty Program Retail Online Ordering 156