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. Simply Google “Who Regulates Franchise Compliance In [Your State/City]” to learn who's best to reach out to regarding compliance.

Franchise 370

Franchise Franchising Restaurant Law Document 370

7 Shifts

APRIL 30, 2021

Food, alcohol, and cash are common victims of theft—but business owners have to look beyond physical goods. Employees may clock in early to help out or leave a few minutes early on a slow day. It was a slow day, too, so they left ten minutes early and texted their friend to clocked them out at 5 PM.

Restaurant Law 370

Restaurant Law White Paper Cash Management Small Business 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. An employee referral program takes this simple, casual interaction and creates a system around it. They get it.

Cash Management 78

Cash Management Recruiting Hiring Reference 78

7 Shifts

OCTOBER 20, 2022

But one can't deny that tips make up a majority of restaurant workers' take-home pay. In theory, it's simple, but this tip-out method is subject to federal laws and another layer of state-by-state laws on top of that. It's a constant conversation in the restaurant industry. Throughout 2021, the U.S.

Tip Distribution 195

Tip Distribution Restaurant Law 2023 Cash Management 195

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

Earning customer loyalty takes time and effort! 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. Easy integration with the POS System.

Loyalty Program 104

Loyalty Program 2024 Email Marketing Coupons 104

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. What documentation to give out and collect during onboarding. Give them an overview of what they will learn and do during onboarding, and how long the process will take.

FOH 307

FOH BOH Food Safety Customer Service 307

7 Shifts

OCTOBER 31, 2022

Taking the time and energy to create one proves to others (and yourself) that you're serious about the venture. You'll have a document to reference during the planning or opening of your restaurant. The management team. Check out these successful restaurant ideas. Management team. Section 2: Company description.

Point of Sale 397

Point of Sale Back of House Document Download 397

7 Shifts

NOVEMBER 16, 2021

There's a lot of confusion surrounding the process, structure, and laws regarding restaurant tip outs. For that to happen, it's necessary to understand the rules of tipping out, choose a structure that works for your staff, and communicate that structure to employees clearly. What is a Tip Out? Tip Out Methods.

Tip Distribution 195

Tip Distribution FOH Front of House Restaurant Law 195

7 Shifts

OCTOBER 22, 2021

While every restaurant should properly plan out its work schedule during the holidays (and year-round, for that matter), not every restaurant needs to drastically overhaul its schedule when December rolls around. Hire Additional Staff in Time. Handling Time Off Requests. Implementing a Holiday Work Schedule. Send to the Team.

Seasonal Menu 370

Seasonal Menu Hiring Reference Mobile Ordering 370

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

7 Shifts

SEPTEMBER 19, 2022

The restaurants that prioritize employee retention above all will come out on top. 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%. But we're at an inflection point in the restaurant industry.

Front of House 195

Front of House Back of House Cash Management Customer Experience 195

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

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. Following are some of the major restaurant trends to watch out for in 2022. A ghost kitchen is a restaurant that only operates out of a kitchen with no dining space. Ghost Kitchens.

2022 218

2022 Customer Service Online Ordering Website Management 218

The Restaurant Times

FEBRUARY 22, 2022

However, we are living in exciting times with new opportunities emerging out of utter chaos. 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

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

Lavu

JANUARY 21, 2020

It involves taking control of your accounts and making sense out of your business financial information. To ensure you get the best out of your financial information, you should work closely with your accountant to generate financial reports in a consistent and timely manner. Cash Flow Forecast (Weekly Report).

Cash Management 78

Cash Management Point of Sale Information Beverage 78

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. Read on to find out what they had to say. Amuzu Koffi Mensah is an operations manager at Café Kloto, a roaster which sources coffee from the Togolese highlands.

Agriculture 152

Agriculture Cash Management Training Government 152

Restaurant365

JULY 29, 2020

Knowing how to leverage restaurant reporting tools is one of the most effective measures you can take to better understand your business’ real time financial health. To get a better understanding of your forecasted labor cost, reference your restaurant’s historical labor data when building your labor reports. Review Past Labor Reports.

Cash Management 88

Cash Management Online Ordering Inventory Seasonal Menu 88

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

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. Before you do this, take a look at a few things: Research the competition. This will help you manage your inventory, have the right stock on hand, and ensure no one is stealing your food.

Cash Management 59

Cash Management Food Website Management Inventory 59

Restaurant365

JULY 29, 2020

Knowing how to leverage restaurant reporting tools is one of the most effective measures you can take to better understand your business’ real time financial health. To get a better understanding of your forecasted labor cost, reference your restaurant’s historical labor data when building your labor reports. Review Past Labor Reports.

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. These systems run on handheld devices that take orders and process payments right at the table.

POS 78

POS Mobile Ordering Point of Sale Food Truck 78

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

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

Lavu

JANUARY 21, 2020

It is the system that takes care of your financial information and ensures that you are making enough revenue to cover your expenses. You will be able to see how your business is fairing in the market and take on challenges that come in raising income for your business. Better Financial Management. What is Accounting?

Cash Management 78

Cash Management Point of Sale Inventory Information 78

Modern Restaurant Management

DECEMBER 21, 2022

Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. " – John Oakes, Revenue Management Solutions CEO. Slow movers tie up inventory -and the cash needed to by that inventory. For part one, click here.

2023 197

2023 Loyalty Program Mobile Ordering Customer Experience 197

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. If an employee withholds tips from the tip pool, employers are not liable to make up the amount lost to an employee who missed out as a result.

Restaurant Law 283

Restaurant Law Cash Management Article Uniforms 283

The Restaurant Times

AUGUST 5, 2022

Successful restaurant accounting can help in efficient cash management, balancing financial books, optimizing costs, and overall business planning. Keeping track of your numbers and Key Performance Indicators (KPIs) will not only help you in taking timely action but also point out specific areas that need immediate improvement.

Cash Management 52

Cash Management Point of Sale Inventory Employee Relations 52

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.

2021 52

2021 Cash Management Employee Relations 2020 52

Open for Business

FEBRUARY 1, 2023

When you add in the common practice of shift drinks and the availability of cash, it adds up to a higher risk for substance use. Take care to avoid labeling or stigmatizing someone. Refer them to appropriate help If they are open to it, you can help connect a team member with help. Stick to person-first language.

Restaurant Law 78

Restaurant Law Document Kitchen Safety Cash Management 78

EATER

SEPTEMBER 25, 2023

There are also some really great nonfiction reads out this fall, including Mark Kurlansky’s deep-dive into the history of the onion, and a memoir from New York Times book critic Dwight Garner that explores the inextricable link between eating and reading. With books like these, you won’t mind being cooped up inside.

Book 145

Book Food Workshop 2023 145

BNG Point of Sale

DECEMBER 6, 2021

You want something compatible with your type of business and has features that will help manage inventory, sales data, etc. S ometimes they are also referred to as cash registers or POS systems. POS systems include many different features, but several stand out as more important than others.

Point of Sale 52

Point of Sale POS Employee Relations Cash Management 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. 200 is an amount that will motivate most hourly employees to refer their friends. Train your managers to hire the right employees.

Hiring 78

Hiring Cash Management Insurance Communication 78

Goliath Consulting

OCTOBER 19, 2020

Meanwhile, Chipotle is testing out new restaurant designs, and now have more than a 100 “Chipotlanes,” drive-thru stores where customers can pick up their digital orders (4). AI-powered training, staff scheduling and smart inventory (via RFID tags) are also expected to grow and enhance all aspects of restaurant management.

2021 135

2021 Point of Sale Food Safety Kitchen Safety 135

The Restaurant Times

MARCH 31, 2022

In other words, F&B control refers to the process by which a restaurant manager makes an effort to regulate, direct, and restrain people’s actions to achieve the desired objective. On the other hand, it becomes one of the critical responsibilities for the restaurant managers in the case of small and medium-sized restaurants.

Cash Management 52

Cash Management Inventory Employee Relations Technology 52

Rocket Fuel

APRIL 5, 2022

You’re probably not going to be the one conducting the majority of your interviews, so to make sure you’re hiring the right people , take a look at your interviewers. Offer referral bonuses to your employees for referring candidates that are ultimately hired. Invite top-performing team members to manager meetings.

Coaching 52

Coaching Cash Management Hiring Training 52