Modern Restaurant Management
JUNE 17, 2025
Beyond cash, consider offering perks like shift meals, flexible schedules, or future hiring peference for top-performing seasonal workers. Make sure your managers know that seasonal team members deserve the same support and recognition as full-time staff. Seasonal staffing doesn’t have to be a revolving door of stress.
Modern Restaurant Management
JUNE 16, 2025
If enacted, it could change how teams are paid, how tips are reported, and how restaurants manage compliance, possibly as soon as 2026. Cash tips must be reported consistently. Cross-reference POS data, employee tip logs, and payroll reports. Systems will need to sync with payroll. Are they in sync?
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Modern Restaurant Management
FEBRUARY 18, 2025
By then, he had a well-oiled, cash-flowing operation that he could sell at a premium. Refer back to Rule #11, "Control Your Controllable Costs." First, if you are skimming some cash off the top, you need to stop now. This required immense effort and dedication. I know this may be difficult for many of you.
Modern Restaurant Management
DECEMBER 10, 2019
According to a study, 82 percent of small businesses fail due to cash flow problems. A cash flow shortage occurs when more money is flowing out of the business than is flowing into it. During a cash flow shortage, you might not have enough capital to cover your payroll or other operating expenses.
Embrace the Suck
APRIL 26, 2020
To get you started down the KPI Mastery path, let’s start with the basic metrics: Cash Flow. Cash flow is simply the amount of money going in and out of the restaurant. It’s essentially how much cash you have on hand. Cash flow = Cash input - cash output. Allow me to help you manage your KPIs.
Modern Restaurant Management
JULY 19, 2022
Traditionally, this has meant that the manager comes out and apologizes to the guest, then offers a discount or a comped meal. Also, as of 2019, up to 35 percent of in-person restaurant purchases were paid for in cash. No one was even eating in restaurants, let alone handing cash or a credit card to a server.
Modern Restaurant Management
JUNE 30, 2020
It’s relevant today because it helps restaurant leaders contend with enduring issues like crisis recovery, demand fluctuations, food waste, keeping the human touch, managing change, and retaining employees. In this excerpt, Gaudet describes learning how the new system would improve the work of managers, baristas, and support partners.
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