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 184

Loyalty Program Online Ordering Cash Management Point of Sale 184

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

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 116

Cash Management Seasonal Menu Social Media Small Business 116

Deliverect

JUNE 30, 2020

So how can you make sure you streamline your operations so you can give the customer what they want, while managing your business in the most efficient way? Once customers have made their choice of restaurant and landed on your website, they would prefer to reserve their table immediately and, if possible, without picking up the phone.

Food 94

Food Online Ordering Cash Management Waste 94

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

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

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 204

Front of House Mobile Ordering Loyalty Program Back of House 204

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

Cheetah

OCTOBER 3, 2020

Reduce time in your restaurant by texting customers when seats become available, taking reservations and having customers pre order their meals before arriving. Look into incorporating contactless payment methods to your restaurant to avoid touching cash or credit cards. It’s time to reevaluate your inventory management.

Inventory 78

Inventory Insurance Cash Management Point of Sale 78

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

Hot Schedules

MARCH 20, 2020

What can you do to help your staff, manage your operations, and keep the lights on – even in the dark? For some restaurants, packaging excess inventory into “meal kit” boxes can help generate some extra revenue, provide relief to guests stuck at home in self-isolation, and keep food from going to waste. Had to cancel a reservation?

Social Media 141

Social Media Cash Management Employee Relations Delivery 141

Apicbase

FEBRUARY 29, 2024

It is estimated that the US food service sector wasted 13 million tons of food in 2022, up from 9.15 Square , 2024) Get started : Restaurant Inventory Management Software for Multi-Unit Restaurants and Large-scale Catering Operations. After a significant decrease in 2020, the rate of food waste started to grow again.

2024 52

2024 Operations 2023 Loyalty Program 52

Restaurant Engine

JANUARY 26, 2022

The biggest problem with food costs is waste. 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. Ensure you are calculating them correctly. #4:

Cash Management 59

Cash Management Food Website Management Inventory 59

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 180

Website Management Loyalty Program Front of House Point of Sale 180

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

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 Front of House Seasonal Menu 78

Deliverect

MARCH 17, 2020

This solution pushes your delivery orders to your point-of-sale system, so you can easily manage your online sales channels. When handling cash payments - which you should try to avoid as much as you can - wear disposable gloves. …. It can also be challenging to manage cancelled reservations. Do a “spring cleaning”.

Online Ordering 146

Online Ordering Merchandise Food Website Management 146

Mad Mobile

FEBRUARY 5, 2024

You’ll see a reduction in food waste as your order accuracy increases, and you’ll have the data to back it up ! 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.

Ordering 52

Ordering Fast Casual Mobile Ordering Customer Service 52

Deliverect

OCTOBER 10, 2019

Managing any restaurant business is a daunting task, even more so when you’re running a delivery operation on the side. All the while takeaway receipts are flooding your cash register or counter. All the while takeaway receipts are flooding your cash register or counter. Decide how you’ll manage excess food.

Delivery 68

Delivery Food Cash Management Online Ordering 68

Mad Mobile

MAY 22, 2024

However, some owners don’t realize they can leverage their bar POS data to make smarter table management decisions. Managing a bar comes with unique challenges. For example, CAKE POS combined with reservation data can even help you see on average how long it takes guests to check out. There’s a lot going on at any given moment.

POS 40

POS Bar Mobile Ordering Customer Service 40

Lavu

DECEMBER 6, 2019

Particularly when it comes to restaurant management which requires knowledge of both front of house and back of house needs. Cash registers are not as developed as a POS framework and lack a significant number of the capacities and highlights of a cutting edge system. . Digital tables are tables reserved through apps.

Kitchen Safety 78

Kitchen Safety Social Media Point of Sale Front of House 78

Restaurant365

APRIL 16, 2021

In-house online ordering systems capture customer data for your customer relationship management system (CRM). This leads to order error, food waste, and disappointed customers. Every day you spend without a modern online ordering system, or with one that is difficult to use, you leave cash, and customer loyalty, on the floor.

Online Ordering 78

Online Ordering Blog Ordering Front of House 78

Open for Business

DECEMBER 12, 2023

There are some distinct advantages to creating an LLC: all members (including you) are sheltered from liability; depending on the structure, either you have all of the authority, or all members have the right to help manage the business, and there is no limit to how many shareholders you can have in an LLC.

Back of House 78

Back of House Restaurant Law Email Marketing Small Business 78

Modern Restaurant Management

MARCH 20, 2024

rent) and (v) cash-on-cash return / payback – how long and at what rate will investment in a specific location be returned. To build consistency, establishing clear systems and processes is a key imperative – whether it’s the tech stack (POS systems) or in operations (labor efficiency, food waste).

2024 177

2024 Cash Management Food Sustainability 177

7 Shifts

FEBRUARY 15, 2024

Bar management software is a tech-forward way to handle many of the elements necessary to operate a bar successfully. Depending on the solution you choose, this software could include features that help with employee management, inventory tracking, POS capabilities, payroll, and more. And it’s not just a matter of focus.

Inventory 195

Inventory Bar Management Management 195

7 Shifts

FEBRUARY 15, 2024

Bar management software is a tech-forward way to handle many of the elements necessary to operate a bar successfully. Depending on the solution you choose, this software could include features that help with employee management, inventory tracking, POS capabilities, payroll, and more. And it’s not just a matter of focus.

Inventory 195

Inventory Bar Management Management 195

Notch

JANUARY 23, 2019

And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. So when you’re trying to manage your profits and losses, what you’re really doing is: weighing your risks, developing contingency plans—and mitigating the factors you can’t account for, by focusing on the ones you can.

Email Marketing 72

Email Marketing Merchandise Website Management Point of Sale 72

OpenTable

JULY 8, 2022

Depending on the structure, either you have all of the authority, or all members have the right to help manage the business. The pro forma and the capital requirements budget will help determine how much working capital is needed based on when the restaurant is projected to generate positive cash flow. Reservation system.

Back of House 52

Back of House Front of House Restaurant Law Fine Dining 52

Notch

JANUARY 23, 2019

And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. So when you’re trying to manage your profits and losses, what you’re really doing is: weighing your risks, developing contingency plans—and mitigating the factors you can’t account for, by focusing on the ones you can.

Email Marketing 52

Email Marketing Merchandise Website Management Point of Sale 52

Modern Restaurant Management

AUGUST 5, 2020

and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. This year’s Neighborhood to Nation Contest will double the number of winners to award 20 prizes of $5,000 in cash along with a robust marketing package.

Food Safety 203

Food Safety Mobile Ordering Online Ordering Kitchen Safety 203

Open for Business

FEBRUARY 1, 2023

The alfresco dining boom isn’t going anywhere, and there’s plenty of time to cash in on it. Extend your floor plan outside Increasingly, more and more restaurants offer reservations for outdoor seating. By carefully managing your tables outdoors, you can more accurately adjust your reservation availability. Here’s how.

Seating 78

Seating Outdoor Dine-in Reservations 78

The Restaurant Times

JANUARY 18, 2023

Independent platforms, such as online ordering platforms, rewards programs, food delivery, and customer relationship management systems (CRM), should work together to offer a seamless experience. What Is An Integrated Restaurant Management System? for managing phone calls, . taking table reservations, .

Operations 52

Operations Loyalty Program Point of Sale Online Ordering 52

EATER

JANUARY 21, 2021

With the subscription plan, managed in-house, Gado Gado’s most devoted customers could get that experience on a weekly basis and reserve the number and serving size of meals that suited their households. Although he considered managing subscriptions in-house, the project felt daunting and he decided to try Table 22.

Seasonal Menu 113

Seasonal Menu Online Ordering Point of Sale Back of House 113

Modern Restaurant Management

FEBRUARY 18, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry movers and shakers: "What do you feel is going to cause disruption in the restaurant industry over the next decade?” In addition to improving the guest experience, technology also makes it easier for restaurants to manage their operations.

Mobile Ordering 212

Mobile Ordering Front of House Fast Casual Customer Service 212

Modern Restaurant Management

MAY 12, 2020

Dunkin’s transition to paper cups will remove approximately one billion foam cups from the waste stream annually. This transition, along with the move to the double-walled paper cups, will remove a collective 19 million pounds of polystyrene from the waste stream annually. franchisees for use in their restaurants. ” BWW GO.

Mobile Ordering 121

Mobile Ordering Online Ordering Food Order Hospitality 121

Modern Restaurant Management

AUGUST 19, 2020

Modern Restaurat Management (MRM) magazine is collaborating with the team at MarketScale on The Main Course , a podcast that aims to explore the intense and competitive modern restaurant industry. "We Barbara Castiglia , MODERATOR – Modern Restaurant Management. They both went through a management training program.

Kitchen Safety 197

Kitchen Safety Loyalty Program Delivery Customer Service 197

Modern Restaurant Management

DECEMBER 28, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their opinions on what we can expect in 2021. Operators will need to be creative in finding ways to counter the increased restaurant costs and the waste being produced. Mark Hoefer, General Manager, Le Bilboquet Atlanta. Here are their responses.

2021 186

2021 Kitchen Safety Food Safety Mobile Ordering 186