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

Lavu

OCTOBER 13, 2023

Efficiently manage reservations: Ensure that the booking system is organized and avoids overbooking to prevent delays in table turnover. Use technology, such as a restaurant management software, to track who chose to reserve a table, and manage waitlists effectively. This allows for better planning and faster turnover.

Seating 173

Seating Mobile Ordering Customer Service Cash Management 173

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.

Cash Management 147

Cash Management Point of Sale POS Inventory 147

The Restaurant Times

FEBRUARY 22, 2022

The economy, on the other hand, is recovering and presenting new opportunities and problems. Investing in labour-saving technologies and providing simple and fewer menu selections, for example, has allowed them to free up cash flow and recruit more people or raise compensation. It’s no longer about waste and environmental damage.

2022 98

2022 Front of House Cash Management Online Ordering 98

7 Shifts

DECEMBER 3, 2019

Step 1: Audit Your Current Location(s) Before you start planning for your future, take a look at your past and your present. Consider looking to: Banks Merchant Cash Advances Angel Investors Friends & Family Additionally, you should be ready (and willing) to front a good amount of your own money to expand your franchise.

Franchise 368

Franchise Franchising Audits Point of Sale 368

Restaurant365

NOVEMBER 18, 2021

This two-part blog series presents an overall guide to the essentials of payroll accounting for restaurant groups. Your restaurant orders, receives, and counts food all in one system: your inventory management software. Your inventory management solution measures and stores all the information you need about your food cost.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

Lavu

MARCH 2, 2020

Doing so helps managers and restaurant owners to make informed decisions and implement profitable strategies. The major functions of BI include data mining, reporting, analytics, online analytical processing, and business performance management. It ensures clear analysis and presentation of the data for decision making.

Cash Management 78

Cash Management Point of Sale Front of House Inventory 78

The Restaurant Times

DECEMBER 30, 2020

You can build it manually, or use a restaurant management software that has an inventory module. To avoid any such situations, implementing robust restaurant management software is a must. . Focus On Recipe Management. Manage The Shelf Life Of Stock Items. Moreover, you can also create a monthly inventory report.

Inventory 98

Inventory Cash Management Food Food Order 98

Rocket Fuel

MARCH 2, 2022

Automation is the present, it’s the future, and it’s taking center stage in restaurants’ abilities to minimize costs and increase operational efficiencies. . In most restaurants, a few key team members typically handle accounts payable management, and there are several processes involved, including: Receiving supplier invoices.

Cash Management 98

Cash Management Operations Consumer Goods Inventory 98

Focus POS

AUGUST 26, 2020

Operating under these circumstances presents many challenges for bar owners. It’s more crucial now than ever to manage pour costs effectively. . Dirty draft lines can also make your beer cloudy, moldy, and off-tasting, leading to more wasted beer when you need to give customers free drink replacements.

Management 128

Management Management Bar Inventory 128

Lavu

JANUARY 21, 2020

This includes communication of financial statements like income statements, balance sheets, and cash flow. The process allows restaurant owners and managers to document all financial transactions of the business and determine how well it is performing. Better Financial Management. Better Tracking of Cash Flows.

Cash Management 78

Cash Management Point of Sale Inventory Information 78

Apicbase

FEBRUARY 29, 2024

It is estimated that the US food service sector wasted 13 million tons of food in 2022, up from 9.15 Touchbistro , 2024) Another factor, perhaps less alarming, but constantly present regardless of macroeconomic challenges, is employee theft , which accounts for 4% of annual revenue loss in the restaurant industry.

2024 52

2024 Operations 2023 Loyalty Program 52

Modern Restaurant Management

MARCH 11, 2020

US Foods Holding Corp.entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management, Inc. NYSE: APO) (the “Apollo Funds”) for $970 million in cash.

Bar 133

Bar Cash Management Loyalty Program Point of Sale 133

EATER

MAY 31, 2023

It’s harvesting honey, centrifuging honey, bottling honey, labeling bottles, dealing with wholesalers and market managers, cash apps and banks, insurances, clients, and schools. There’s just lots to manage in order to make ends meet. No education, formal or otherwise, need be wasted. But I embraced the change.

Insurance 91

Insurance Email Marketing Cash Management 2005 91

BNG Point of Sale

DECEMBER 6, 2021

By utilizing a user-friendly POS solution, all restaurant staff can benefit from streamlined order management and customer service to ensure optimal productivity throughout the entire organization. Increased revenue: One of the primary benefits for restaurant employees working with a point-of-sale (POS) system is increased revenue.

Point of Sale 52

Point of Sale POS Cash Management Front of House 52

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 207

Food Safety Mobile Ordering Online Ordering Kitchen Safety 207

MBB Hospitality

MARCH 24, 2020

Only a multi-modal approach to your restaurant’s inventory can maximize your profits and promote strategic revenue management. Here’s a short guide on 5 tips for how to manage your inventory successfully in a restaurant setting. They are useful both for single-site locations and for managing the inventory of multiple locations at once.

Inventory 52

Inventory POS Cash Management Tip Distribution 52

Apicbase

JUNE 16, 2023

In practice, however, successfully managing a group of busy restaurants is an awfully tough undertaking. The metrics and calculations in this list will help you bring order to the chaos and manage the performance of each unit in the chain. In theory, it sounds easy. Why Are Metrics Important? That said, let’s dig in.

Point of Sale 52

Point of Sale Inventory Waste Employee Relations 52

Restaurant365

MARCH 15, 2022

According to the National Restaurant Association, the average cost of restaurant turnover in 2021 was $1,869 per hourly employee, $8,119 per manager and $14,689 per general manager. While consistency in a referral bonus program communicates that you want more people like your present employees.

Hiring 78

Hiring Cash Management Insurance Communication 78

Restaurant365

FEBRUARY 19, 2020

On the labor cost side, many restaurant employees are paid in wages and tips, which presents payroll, tax, and labor compliance challenges. Other key reports include your operating cash flow, which shows whether you are able to generate enough cash flow to maintain or grow your operations, or whether you should consider external financing.

Point of Sale 120

Point of Sale Cash Management Inventory Consumer Goods 120

Modern Restaurant Management

AUGUST 28, 2020

KitchenAid brand presents "A Woman's Place," a documentary short, now streaming on Hulu, place clip at top. James Beard Foundation Mentorship, presented by KitchenAid, is designed to empower and engage a network of culinary leaders. in a management role at the Officers’ Club. 20, 1955, and served in the U.S.

Allergens 125

Allergens Kitchen Safety Guest Recovery Customer Service 125

Open for Business

DECEMBER 12, 2023

Information in this article is presented “as-is” and may not constitute the most up-to-date information. Your pro forma and your capital requirements budget will help determine how much working capital you need based on when your restaurant is projected to generate positive cash flow.

Back of House 78

Back of House Restaurant Law Email Marketing Small Business 78

Restaurant365

SEPTEMBER 24, 2020

“So we didn’t have one database—stores were presenting weekly flash reports to us that didn’t eventually match up to the accounting system.” The focus on theoretical food costs and reports like profit and loss (P&L) statements has also made store-level managers more accountable, he reported.

Cash Management 60

Cash Management Demo Food Point of Sale 60

Modern Restaurant Management

JANUARY 27, 2020

Most people do not want to order in person or by calling if they have an alternative, and by integrating pickup with delivery orders our restaurant partners have a complete picture to more efficiently manage their operations." " Grubhub Ultimate back-of-house Kitchen Display System at Taheni Grill in New York City.

Catering 111

Catering Mobile Ordering Customer Service Leadership 111

BNG Point of Sale

DECEMBER 6, 2021

There are even programs that allow you to manage expenditures and accounts payable, in addition to sales. . You can also use a point-of-sale system for other things such as inventory management. Some systems allow you to manage digital signage in addition to everything else that comes with a POS program. .

Point of Sale 52

Point of Sale POS Cash Management Customer Service 52

ChefMod

OCTOBER 6, 2021

But, how have they managed to stay up and running so far? Additionally, the extra cash flow can make a difference in the running and management of your business. The first meeting is where the presentation, assessment, and review of the products occurs. Nowadays, sales are done upon initial contact.

2021 52

2021 Email Marketing Front of House Cash Management 52

Modern Restaurant Management

SEPTEMBER 15, 2020

SALIDO leverages design, data, and workflow management to optimize both front- and back-end operations. With the integration of both platforms, first-party orders made through Lunchbox will effortlessly feed into Ordermark’s platform to ensure that restaurants can manage both first-party and third-party orders from one location.

Fast Casual 140

Fast Casual Casual Menu Mobile Ordering 140

Modern Restaurant Management

DECEMBER 31, 2019

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders and experts for their insights on what will impact restaurants in 2020 and the response was overwhelming. Rick Camac, Dean of Restaurant & Hospitality Management at the Institute of Culinary Education. Andrew Shearer, Cofounder and CEO at Farmshelf.

2020 136

2020 Kitchen Safety Consumer Goods Point of Sale 136

Modern Restaurant Management

JANUARY 12, 2022

. “Online and mobile ordering was a lifeline to restaurants shut-down in the pandemic and continues to provide steady revenue,” said Simon de Montfort Walker, senior vice president and general manager at Oracle Food and Beverage. 46 percent would love to manage their dietary preferences with their favorite establishments.

2022 212

2022 Mobile Ordering Guest Recovery Point of Sale 212

Modern Restaurant Management

MARCH 24, 2020

Brands acquired all of the issued and outstanding common shares of The Habit Burger Grill for $14 per share in cash or a total of approximately $375 million. Brands funded the transaction using cash on hand and available borrowing capacity under its credit facilities. Brands’ portfolio of global restaurant brands.

Food Supply 89

Food Supply Kitchen Safety Cash Management Food Safety 89

Modern Restaurant Management

DECEMBER 16, 2019

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the great gift of a restaurant gift card, learning about event professionals, top QSR traffic and digital ordering strategies. Additionally, turnover rates for restaurant employees and managers continue to be at all-time highs.

2019 111

2019 Compost Mobile Ordering Point of Sale 111

Modern Restaurant Management

JUNE 14, 2020

That’s why we carefully planned every detail of the space around flexibility, accessibility, efficiency, and connection – in addition, our members are excited to impress their clients in our space without the cost and hassle of having to manage a building such as ours on their own.” Increased Loyalty Program Participation.

Food Safety 148

Food Safety Loyalty Program Kitchen Safety Online Ordering 148

Modern Restaurant Management

MAY 5, 2020

. “This pandemic has shed light on how technology can be used to quickly adapt core services within the food industry like delivery, fulfillment, and supply chains," said Lior Susan, Founder and Managing Partner at Eclipse. Delivery management has never been easier! Greasezilla Expands into Food Processing.

Guest Recovery 108

Guest Recovery Food Safety Loyalty Program Point of Sale 108

Notch

FEBRUARY 14, 2019

You get a coupon and say, “wow, I’m going to save some cash and remember to use it later,” right? There’s actually a lot going on behind the scenes when we’re presented with a sweet deal. Specials can even help your restaurant save money that otherwise would have been wasted. What makes restaurant promotions powerful though?

Specials 75

Specials Loyalty Program Seasonal Menu Point of Sale 75

Modern Restaurant Management

AUGUST 19, 2020

Modern Restaurat Management (MRM) magazine is collaborating with the team at MarketScale on The Main Course , a podcast that aims to explore the intense and competitive modern restaurant industry. "We Barbara Castiglia , MODERATOR – Modern Restaurant Management. They both went through a management training program.

Kitchen Safety 201

Kitchen Safety Loyalty Program Delivery Customer Service 201

Modern Restaurant Management

SEPTEMBER 15, 2021

For example, there is a strong correlation between higher rates of working women and restaurant usage, which presents a headwind for the foodservice industry. The question, though, was whether Dunkin’ could cash in on some of the pumpkin-spiced magic that Starbucks has managed to get down to a science.

2021 176

2021 Loyalty Program Retail Online Ordering 176

Modern Restaurant Management

DECEMBER 28, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their opinions on what we can expect in 2021. Operators will need to be creative in finding ways to counter the increased restaurant costs and the waste being produced. Mark Hoefer, General Manager, Le Bilboquet Atlanta. Here are their responses.

2021 193

2021 Kitchen Safety Food Safety Mobile Ordering 193