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.

Seating 173

Seating Mobile Ordering Customer Service Cash Management 173

Modern Restaurant Management

APRIL 7, 2023

A 2020 Harvard Business School study reported that 74 percent of businesses do not have the cash on hand to cover an equipment-related expense. JPMorgan Chase found the median small business holds 27 cash buffer days in reserve. The restaurant industry falls behind the median with an average of only 16 cash buffer days.

Cash Management 98

Cash Management Equipment Front of House Small Business 98

Modern Restaurant Management

FEBRUARY 3, 2022

Seventy-four percent of full service restaurants (FSRs) managed to maintain or increase their sales during the pandemic; however, profit margins in 2021 declined to 10 percent, compared to 12 percent in 2019, according to third annual State of Full Service Restaurants Report released by TouchBistro.

Loyalty Program 190

Loyalty Program Online Ordering Cash Management Point of Sale 190

7 Shifts

SEPTEMBER 20, 2021

Delivery, scheduling, inventory management, reservations, and guest management have seen technological advancements over the past few years, and it's just the beginning. Use order information with inventory management software for smarter purchasing. Restaurant Task Management. All of this (and more!) TouchBistro.

Technology 370

Technology Front of House Social Media Back of House 370

Culinary Cues

DECEMBER 30, 2019

The following provides some “food for thought”, maybe even a “look in the mirror” checklist for those who are drifting away from those initial goals. [] THINKING THEY CAN MANAGE THROUGH OTHERS. Ignore them and they will find someone else to pay attention. [] CONFUSING LEADERSHIP AND MANAGEMENT.

Cash Management 266

Cash Management Point of Sale Leadership Website Management 266

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

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 216

2022 Customer Service Online Ordering Website Management 216

Culinary Cues

APRIL 1, 2020

As we return to some level of prosperity, once people are back at work and businesses turn in the right direction – it will be restaurants that allow families to manage their busy lifestyle. THE RESTAURANT BUSINESS IS ESSENTIAL TO THE AMERICAN LIFESTYLE. THE FAILURE RATE OF RESTAURANTS IS MUCH HIGHER THAN OTHER BUSINESSES.

Waste 498

Waste Cash Management Entertainment Take-out 498

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

Aaron Allen & Associates

MARCH 3, 2022

There are so many things to think about — from inventory management to restaurant payment and billing and more — it can be difficult to keep track of it all. That’s where restaurant management software comes in. In this roundup, we will take a look at some of the best restaurant management software out there.

Management 120

Management Management Mobile Ordering Point of Sale 120

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

7 Shifts

OCTOBER 31, 2022

The management team. Management team. You may want to list out: Team Management. Inventory management systems. Task management tools. Manager Log Books. Got supporting financial documents, like projected cash flow and a projected income statement? Your market position and competitive advantage.

Point of Sale 397

Point of Sale Back of House Document Download 397

7 Shifts

NOVEMBER 9, 2022

Now that you know what email newsletters can do for your restaurant, it's time to create a newsletter that wins hearts and sets the cash register ringing. Get holiday reservations? Recommended Resources: Free Restaurant Management Excel Templates. In this case, “Reserve your table” or “Grab your menu” could work.

Email Marketing 195

Email Marketing Loyalty Program Social Media Point of Sale 195

Modern Restaurant Management

APRIL 11, 2022

Facing multiple headwinds, restaurant owners and management must employ the most effective tool available: effective communication. A good starting point for addressing many issues is use of a manager’s log. And don’t forget a long-time, well-established business management tactic: the employee suggestion box.

Healthcare 199

Healthcare Cash Management Social Media Communication 199

Deliverect

JULY 24, 2020

Is it limited to taking payments and orders, or does it also provide inventory management, a reservations system, kitchen and shift management tools? It’s becoming increasingly important to have a system in place to handle delivery orders and manage the driver or customer pick-up process. Inventory management tools.

Technology 110

Technology Mobile Ordering Front of House Online Ordering 110

Embrace the Suck

JANUARY 20, 2021

They didn’t have adequate cash reserves and lived for the weekend sales to keep them going. We should be managing our inventory better. Once again, people became keen on the idea of hand sanitizer being provided by restaurants, so don’t stop offering it. Get Your S**t Together. Now, look at your restaurant.

Social Media 416

Social Media 2001 Online Ordering Cash Management 416

EATER

APRIL 6, 2023

But after the flurry of press releases, joyful Instagram posts, and weapons-grade whining from a few who were left off the list, a somewhat altered Vancouver dining scene has emerged from the fray with hiked prices and impossible-to-score reservations. It’s a cash-grab for sure,” said one Vancouver chef who asked to remain anonymous.

Fine Dining 93

Fine Dining Reservations Pricing Cash Management 93

Modern Restaurant Management

MARCH 13, 2020

As the Coronavirus crisis continues, Modern Restaurant Management (MRM) magazine asked industry insiders what best practices restaurants should have in place for social distancing, as per CDC guidelines. Up the restaurant’s hygiene and cleanliness standards: fully sanitize tables, menus and chairs after each reservation.

Front of House 195

Front of House Back of House Restaurant Law Food Safety 195

Modern Restaurant Management

MAY 21, 2020

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. Minimize the risk of contact between the customer and the cashier by installing a protective screen at cash registers. Offer Disposable Menus.

Social Media 213

Social Media Food Safety Cash Management Kitchen Safety 213

Modern Restaurant Management

SEPTEMBER 14, 2022

AI can assist restaurants in optimizing how they manage and operate menus to increase margins. Control Costs : With automated table reservations to take orders on mobile devices, AI in restaurants can help the owners save money on hiring more staff. But they have tons of cash to burn on such gimmicks, right?

Front of House 207

Front of House Mobile Ordering Loyalty Program Back of House 207

Restaurant Engine

OCTOBER 5, 2022

In addition, they don’t have to worry about unhygienic cash. 3: Online Reservation System. So, how do people make a reservation for a table at your restaurant? If reservations are only available through a phone call, it’s time to change up your technology. 4: Staff Scheduling Software.

Innovation 59

Innovation Technology Online Ordering Point of Sale 59

MadMobile

JUNE 8, 2023

How will you manage your menu? What kind of reports do you need to manage your restaurant? Not only do tipping prompts provide a smooth transaction flow, but it also gives customers a convenient experience; there’s no need to pull out a calculator or dig for cash in your wallet or purse.

Small Business 52

Small Business POS Point of Sale Online Ordering 52

Open for Business

OCTOBER 20, 2023

Craft a comprehensive financial blueprint to manage your restaurant’s expenses. Whether you’re leaning towards digital accounting solutions or considering the expertise of a financial advisor, staying clued in on your cash flow—both outgoing and incoming—is pivotal for your restaurant’s triumph.

License 78

License Email Marketing Seasonal Menu Front of House 78

Modern Restaurant Management

MARCH 10, 2020

Cash is dirty; and 4) we will soon launch bundled food delivery, acting as a marketplace for cloud kitchen delivery. We are taking other precautions and provide a sanitary training session for our tenants and clear communication with our tenants via our digital property management system (PMS). Cash is dirty.

Kitchen Safety 203

Kitchen Safety Food Safety Cash Management Food Supply 203

Lavu

SEPTEMBER 29, 2023

Some ways Lavu can help automate tasks and improve efficiency are: Order Management: Lavu provides a user-friendly interface for taking orders, which reduces errors and speeds up the process. Table Management: Lavu’s table management feature allows you to track table availability, manage reservations, and optimize seating arrangements.

Loyalty Program 166

Loyalty Program Front of House Mobile Ordering Customer Service 166

Kounta

JANUARY 9, 2020

Trend 1: Cash me if you can — cashless society will reach greater heights. Carrying cash is getting increasingly unpopular and there are many contributing factors behind this trend — including personal safety, inability to track your transactions, or simply conditioning of the time. But what’s in store for the industry in 2020?

Hospitality 98

Hospitality Cash Management Influencer POS 98

The Food Corridor

JULY 15, 2020

And you find yourself spending less time chatting to tenants and tasting their delicious food and more time slumped over a laptop chasing payments, editing ever changing schedules, and managing out endless compliance paperwork. But what should you look for in a shared kitchen management system?

Management 72

Management Management Cash Management Book 72

The Food Corridor

NOVEMBER 29, 2022

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.

Equipment 52

Equipment Food Supply Book Kitchen Safety 52

Apicbase

AUGUST 25, 2023

Imagine you’re in a restaurant and have been using an analogue cash register for years. With a digital POS, you’re not just processing payments; you’re analysing sales trends, managing reservations, and getting insights into customer preferences. It does the job, but it’s limited.

Cash Management 52

Cash Management Technology Front of House Allergens 52

The Rail

JUNE 19, 2023

Offering a range of cashless payment options can help meet the needs of the increasing number of people choosing not to carry cash with them. Rather than requiring consumers to phone your restaurant to make reservations, it’s worth considering adopting online reservation processes.

Dietary Restrictions 59

Dietary Restrictions Customer Experience Social Media Customer Service 59

Lavu

APRIL 8, 2020

You will see improvements for customers, front of the house, the kitchen, as well as management. From a simple ordering and point-of-sale processing, modules and software can add hospitality efficiencies, mobile/online ordering, loyalty programs, and inventory management. Reservations & Table Management.

POS 78

POS Loyalty Program Mobile Ordering Point of Sale 78

Restaurant365

JUNE 9, 2021

A new customer may book a reservation or an event, which means the customer will receive confirmations and reminders. This part of the customer experience covers everything from online ordering to payment and getting a reservation to being waitlisted. Or the new diner may check out your social media or an affiliate network.

FOH 78

FOH BOH Front of House Back of House 78

Restaurant Engine

JANUARY 26, 2022

This will help you manage your inventory, have the right stock on hand, and ensure no one is stealing your food. By controlling food waste with accurate inventory management, you’ll improve your food service bottom line. When you are on top of your inventory, this isn’t too difficult to manage. 3: Get a Handle on Labor Costs.

Cash Management 59

Cash Management Food Website Management Inventory 59

Mad Mobile

FEBRUARY 5, 2024

Implementing a tableside ordering system like CAKE can help managers and owners track inventory and update menus on the fly. Easily split checks, open tabs, and cash out with QR code or contactless payments. They won’t have to jump back in line or wait for long to put in orders or cash out.

Ordering 52

Ordering Fast Casual Mobile Ordering Fine Dining 52

Modern Restaurant Management

NOVEMBER 10, 2021

Finally, during a lull in the fall in 2020, Pepe had time to pause and reflect on the last seven months, realizing what he had for restaurant management tools were not working. As you can imagine, reservation requests skyrocketed, and Pepe knew he needed more staff to meet the increased demand. ” Photos by Sarah Gerrity.

Dine-in 178

Dine-in Cash Management 2013 Customer Service 178

Modern Restaurant Management

JUNE 19, 2020

Maybe they offer reservations or off-site ordering options, but those are nearly always offered through a third-party platform. Crucially, data that is carefully collected and analyzed can also help managers make essential cost-benefit decisions regarding virtually every aspect of the business.

Website Management 196

Website Management Loyalty Program Front of House Point of Sale 196

The Restaurant Times

SEPTEMBER 5, 2020

The Covid-19 pandemic has clearly indicated that crisis management requires drastic changes in how the restaurant industry operates. The guiding principle behind future restaurant crisis management should be the safety and security of your business, employees, and customers. Remain Aware Of Current Events.

Management 90

Management Management Cash Management Employee Relations 90