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Keeping Track of Your Cash During One of the Biggest Weekends of the Year

Modern Restaurant Management

For example, with an uptick in business comes an influx of cash, especially with higher interest rates motivating consumers to utilize cash versus credit cards. Whether you own and operate a large establishment or a small one, there is always an increased chance of risks for cash management when dealing with more cash.

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Stop Fumbling Over Cash on Super Bowl Sunday: Key Considerations to Keep Cash Safe

Modern Restaurant Management

Events like the Super Bowl bring an influx of cash to establishments of all sizes, some of which might not have the right cash logistics system in place. When managing an influx of cash, there is an increased chance of risks for cash mismanagement. Identify the amount of time you and your staff spend handling cash.

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Checklist For Reopening Your Restaurant

Modern Restaurant Management

For their safety and convenience, enable delivery and payment services that allow customers to pay without cash, as well as choose when and how their order should be delivered. They are cost-effective and reduce the likelihood of contamination – buy disposable menus in bulk and recycle them. Offer Disposable Menus.

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Seven Restaurant Trends That Will Define 2022

Modern Restaurant Management

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. Pizza companies have long managed their delivery services independently.

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Restaurant Startup Trends To Follow In 2022

The Restaurant Times

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. Your ghost kitchen can be the foundation for something much more with the appropriate strategy, enough cash, and a sound business plan.

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Coffee News Recap, 30 Sep: SCA announces 2022 WBC and WBrC winners at MICE, new study links daily coffee consumption with increased longevity & other stories

Perfect Daily Grind

Speakers will include Head of Beverages at Nestlé Professional, Patrick Stern, and Relationship Manager at Perfect Daily Grind, Nicholas Yamada. The Dubai roaster says the partnership will reduce the environmental impact of its coffee shops, mainly through recycling used coffee grounds. Registration is now open. Take a look.

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How to Fine-Tune Your Kitchen Contract to Avoid Dispute Charges

The Food Corridor

While pre-payment for monthly plans is a best practice for kitchen cash flow purposes, do what works best for your kitchen and clientele. You will also want to outline the types of payment methods you accept (checks, cash, credit card, automatic clearing house) and how the client can get the payment to you.