Remove Cash Management Remove POS Remove Take-out
article thumbnail

No Tax on Tips? What Restaurant Operators Need to Know Now

Modern Restaurant Management

If enacted, it could change how teams are paid, how tips are reported, and how restaurants manage compliance, possibly as soon as 2026. That’s a meaningful shift in take-home pay for many restaurant professionals. News headlines and social media will offer plenty of takes, but your team will look to you for clarity.

article thumbnail

Streamlining the Guest Experience: The Essential Guide to Restaurant POS Integrations

The Rail

A modern point of sale (POS) system utilizes modern technology that can help streamline your business operations and improve the guest experience. By integrating it with your other systems, you are able to grow your restaurant and manage your inventory, employees, and sales data with ease. What is Restaurant POS Integration?

POS 130
Insiders

Sign Up for our Newsletter

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

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

Ghost Kitchens to Open Up New Avenues for Restaurateurs

Modern Restaurant Management

The reasons for the accelerated growth of this idea, the contribution of POS to these kitchens, the display systems to make the operations easier, and the automated operations used in the inventory as well in the kitchen for easy food management- are some of the ideas that will be discussed in the following paragraphs.

article thumbnail

Restaurant Failure Rate: Why Restaurants Fail And How To Make Yours Succeed

ChowNow

Running a restaurant is one of the most rewardingyet riskyventures out there. Youre not just managing food and staff, youre battling slim profit margins, high operating expenses, and constantly changing customer preferences. Poor Financial Planning The Issue: Underestimating startup costs, no cash flow buffer, and unclear budgeting.

article thumbnail

Why Now is the Best Time to Upgrade Your Restaurant POS (Sponsored)

Modern Restaurant Management

As restaurant commerce experts, GoTab is helping operators upgrade and improve their POS systems to recast their operations for the post-pandemic era. Most of our customers don’t start out wanting to take on a full restaurant POS upgrade. Legacy restaurant POS systems also offer little in the way of flexibility.

POS 275
article thumbnail

What the Heck is a KPI and Why You Should Give a Sh*t

Embrace the Suck

Now, before you start throwing out the “I’m too busy” excuse for not monitoring your KPIs, allow me to say this: “If you don’t know your numbers, you don’t have a business. To get you started down the KPI Mastery path, let’s start with the basic metrics: Cash Flow. What you have is a hobby.