Bingage

APRIL 16, 2024

Bingage has a restaurant referral program: create a branded refer-n-earn program and make the customers act like brand advocates, sending them attractive rewards on each referral. Dedicated account support manager, and expert consultation. Reelo has a referral program that helps brands gain new customers with a refer-n-earn program.

Loyalty Program 105

Loyalty Program 2024 Email Marketing Coupons 105

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.

Cash Management 124

Cash Management Seasonal Menu Social Media Small Business 124

Bingage

APRIL 16, 2024

Bingage has a restaurant referral program: create a branded refer-n-earn program and make the customers act like brand advocates, sending them attractive rewards on each referral. Dedicated account support manager, and expert consultation. Reelo has a referral program that helps brands gain new customers with a refer-n-earn program.

Loyalty Program 104

Loyalty Program 2024 Email Marketing Coupons 104

7 Shifts

OCTOBER 22, 2021

You can reference average party size, takeout vs. on-premise orders, the popular menu items, and other key metrics to to forecast restaurant sales. This program incentivizes employees to tap into their networks and refer people to work in your restaurant in exchange for a reward, like extra time off or a cash bonus.

Seasonal Menu 370

Seasonal Menu Hiring Reference Mobile Ordering 370

Open for Business

MARCH 1, 2023

In the simplest terms, an employee referral is when one of your current employees tells a friend about an opportunity to work at your restaurant and connects you or a hiring manager with the potential new hire. Referred applicants are more likely to accept the offer. People do this organically even when there’s no program in place.

Cash Management 78

Cash Management Recruiting Hiring Reference 78

7 Shifts

JUNE 29, 2022

Put simply, franchise compliance refers to the actions that corporations, their franchisors, and their franchisees take in order to stay compliant with any applicable federal, state, and/or regional laws. Proper Team and Labor Management Tools. Recommended Reading: How To Manage Teams Across Multiple Restaurant Locations.

Franchise 370

Franchise Franchising Restaurant Law Document 370

7 Shifts

OCTOBER 31, 2022

You'll have a document to reference during the planning or opening of your restaurant. The management team. Management team. You may want to list out: Team Management. Inventory management systems. Task management tools. Manager Log Books. Your market position and competitive advantage. Time Clocking.

Point of Sale 397

Point of Sale Back of House Document Download 397

7 Shifts

OCTOBER 20, 2022

Legal and other matters referred to in this article are based on 7shifts' interpretation of laws existing at the time and should not be relied on in place of professional legal advice. Recommended Reading: Tip Pooling Tools to Easily Manage Tips at Your Restaurant. Managers that have the authority to fire employees cannot be included.

Tip Distribution 195

Tip Distribution Restaurant Law 2023 Cash Management 195

7 Shifts

NOVEMBER 12, 2020

In order for new hires to perform well and stay happy in their roles, hiring managers need to pay more attention to the restaurant onboarding process. Give out hard copies and make digital copies accessible on a cloud storage system so that staff can easily reference them. In other industries, the average employee tenure is 4.2

FOH 307

FOH BOH Food Safety Customer Service 307

Focus POS

DECEMBER 8, 2021

During a “normal” year, restaurant owners and operators face issues such as cash flow and capital, inventory management, hiring and training and providing excellent customer service. It’s important to monitor what’s selling so managers can order more in a timely manner, ensuring the most popular choices are always in stock.

Mobile Ordering 148

Mobile Ordering Point of Sale Cash Management Food Supply 148

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.

Cash Management 97

Cash Management Seasonal Menu Inventory Email Marketing 97

7 Shifts

APRIL 30, 2021

Food, alcohol, and cash are common victims of theft—but business owners have to look beyond physical goods. By understanding the ways it can occur, business owners or managers have a much higher chance of identifying it before it racks up a hefty bill. Give your managers top-level visibility. How to spot it: Types of time theft.

Restaurant Law 370

Restaurant Law White Paper Cash Management Small Business 370

7 Shifts

SEPTEMBER 19, 2022

What about managers? Track and manage employee workload. What about managers? Managers fared a bit better than hourly employees—with a turnover rate of 28%. Among the over 25 sets, manager recognition (or lack thereof) was one of the top three reasons they left restaurant jobs. Back-of-House and Front-of-House.

Front of House 195

Front of House Back of House Cash Management Customer Experience 195

Lavu

JANUARY 21, 2020

Every restaurant owner and manager needs to review this report on a daily basis to get a picture of how the restaurant is performing. The report provides valuable information on the restaurant’s sales, taxes, tips, discounts, credit card fees, refunds, comps, cash short or over, and more. Cash Flow Forecast (Weekly Report).

Cash Management 78

Cash Management Point of Sale Information Beverage 78

7 Shifts

NOVEMBER 16, 2021

On the other hand, tip pooling refers to those in the same position combining their tips and taking an equal amount from the pot. Recommended Reading: Tip Pooling Tools to Manage Tips at a Restaurant. As a result, managers' time spent calculating tip payouts will be reduced by eight hours each week on average.

Tip Distribution 195

Tip Distribution FOH Front of House Restaurant Law 195

The Restaurant Times

FEBRUARY 22, 2022

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. The term “ghost kitchen” refers to a restaurant that does not have any seats or physical presence.

2022 98

2022 Front of House Cash Management Online Ordering 98

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. When they put up a job ad, they don't think about it that way,” says Jack Hott, Senior Product Manager at Poached, a job board built for the restaurant industry.

Hiring 370

Hiring Front of House Back of House Food Safety 370

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. – cash, credit card, contactless). Forecasting by revenue center. you won’t be able to fully understand what.

Cash Management 88

Cash Management Online Ordering Inventory Seasonal Menu 88

Perfect Daily Grind

AUGUST 30, 2022

Although coffee was first introduced to Tanzania in the 16th century from nearby Réunion Island (also once referred to as Bourbon), it took around 200 years for the country to start growing it on a commercial scale. Since then, coffee has been a major cash crop for Tanzania.

Education 152

Education Government Agriculture Cash Management 152

Ken Burgin

JULY 9, 2022

Approachable management: someone in authority who staff can talk to if they notice things aren’t right. Good internal communication systems – allowing staff and management to communicate freely. Up-to-date information about costs and percentages – sharing the results of stocktake and purchasing with managers.

Point of Sale 60

Point of Sale Cash Management Website Management Audits 60

Touch Bistro

JUNE 22, 2021

When used alongside other financial documents, such as your restaurant profit and loss statement (also known as your restaurant income statement ) and your statement of cash flows, your balance sheet gives you a more complete picture of your restaurant’s finances. Your balance sheet can also be used to forecast short and long-term cash flow.

Management 52

Management Management Cash Management Point of Sale 52

Perfect Daily Grind

DECEMBER 19, 2022

Like many other West African countries, Togo’s economy is significantly dependent on agriculture – with coffee, cotton, and cocoa being the major cash crops. However, after the formation of the Togo Office of Agricultural Products (OPAT) in 1964, the Togolese government started to oversee and manage production.

Agriculture 152

Agriculture Cash Management Training Government 152

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. 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.

2022 218

2022 Customer Service Online Ordering Website Management 218

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. – cash, credit card, contactless). Forecasting by revenue center. you won’t be able to fully understand what.

Cash Management 78

Cash Management Online Ordering Inventory Seasonal Menu 78

Open for Business

NOVEMBER 21, 2022

POS stands for point of sale, and it refers to the transactional moments when a guest orders and pays for their meal. Plenty of places continue to make do with the cash-only, pen-and-paper systems that restaurants have relied on for years. Think of today’s POS systems as the digital evolution of the cash register.

POS 78

POS Mobile Ordering Point of Sale Food Truck 78

Modern Restaurant Management

MARCH 3, 2020

Nair, a partner at Ervin Cohen & Jessup LLP compiles recent legal news affecting the restaurant, food and beverage and hospitality industries for Modern Restaurant Management (MRM) magazine. Litigation. The bill was approved by the City Council on January 23, 2020.

2020 122

2020 Restaurant Law Employee Relations Mobile Ordering 122

Lavu

JANUARY 21, 2020

Accounting refers to the collection, interpretation, classification, analysis, and reporting of financial data. This includes communication of financial statements like income statements, balance sheets, and cash flow. Better Financial Management. For a business to be successful, it needs to have solid financial management.

Cash Management 78

Cash Management Point of Sale Inventory Information 78

Goliath Consulting

JUNE 30, 2020

According to Restolabs, a restaurant management software that offers online ordering systems, continued social distancing measures are expected to bring about an upward trend of automation for customers (3). References: (1) [link]. (2) Tech for Touchless, Contact-Free Dining. Payment solutions will have to change as well. 2) [link]. (3)

Kitchen Safety 139

Kitchen Safety Food Safety Front of House Back of House 139

Restaurant Engine

JANUARY 26, 2022

This also refers to the last line on your restaurant’s balance sheet – where you show profit and loss and your net operating income. This will help you manage your inventory, have the right stock on hand, and ensure no one is stealing your food. When you are on top of your inventory, this isn’t too difficult to manage.

Cash Management 59

Cash Management Food Website Management Inventory 59

Sling

JUNE 8, 2020

When you think about it, creating a business budget is probably one of the least exciting responsibilities of being a manager or an owner. In this article, the management experts at Sling discuss budgeting 101 and give you tips on how to build a business budget for your company, regardless of size. How To Create A Business Budget.

Small Business 109

Small Business Cash Management Uniforms Tip Distribution 109

The Restaurant Times

MARCH 14, 2022

However, the team can only achieve the desired outcome if headed by a potent restaurant manager. Hence, a restaurant manager is an integral part of a restaurant business and plays a crucial role in steering its direction, which is why their job description must be adeptly formulated. Managing Overall Team Performance.

Management 52

Management Management FOH BOH 52

The Restaurant Times

AUGUST 5, 2022

Successful restaurant accounting can help in efficient cash management, balancing financial books, optimizing costs, and overall business planning. COGS refers to the total expenses and costs that are involved in the production of goods in a business. Automated Inventory Management. Cash Flow Statement.

Cash Management 52

Cash Management Point of Sale Inventory Employee Relations 52

Modern Restaurant Management

APRIL 3, 2020

An Act of God may be considered as force majeure; it refers to a [natural phenomenon that is exceptional, inevitable, and irresistible, and which its effects could not be prevented or avoided by the exercise of due care or foresight.]

Government 153

Government Insurance Cash Management Hotels 153

7 Shifts

SEPTEMBER 9, 2019

Legal and other matters referred to in this article are based on 7shifts' interpretation of laws existing at the time and should not be relied on in place of professional legal advice. which does not make it easy for managers to dismiss employees in bulk, since that’s when the lunch rush is). Tip Credit. and 2:00 p.m.

Restaurant Law 283

Restaurant Law Cash Management Article Uniforms 283

EATER

MAY 3, 2021

Last summer, she quit her job at a New American restaurant in Chicago where she had worked as a manager and sommelier since 2017. Estefanía, who asked to be referred to by her first name because she is an undocumented worker, said she got COVID-19 in June and took two weeks off to recover and quarantine.

Back of House 145

Back of House Cash Management Kitchen Safety Insurance 145

Touch Bistro

MARCH 23, 2021

Restaurant accounting and tax specialists have navigated many operators through millions of dollars in relief and helped them become cash flow positive through the pandemic. This article will also cover: Important restaurant tax deadlines for 2021 5 steps you need to take to increase cash flow during tax season. your payroll costs.

2021 52

2021 Cash Management Employee Relations 2020 52

Buzztime Business

MARCH 1, 2021

The NTN board of directors reiterates the following: The negative impact of the COVID-19 pandemic on the restaurant and bar industry was abrupt and substantial, and NTN’s business, cash flows from operations and liquidity has suffered, and continues to suffer, materially as a result.

Cash Management 60

Cash Management Point of Sale Document Employee Relations 60