Restaurant365

DECEMBER 6, 2021

Food waste is one of the largest areas of potential cost savings in a restaurant. 75 percent of restaurants have made menu changes because of supply chain challenges. Menu prices have risen 4.7 Your theoretical food cost is what you should have spent on food in a given period if there were no waste.

Supplies 78

Supplies Food Supply Waste Inventory 78

Embrace the Suck

JANUARY 24, 2022

Many wait for funding from the government to give them the cash flow needed to make up for the decline in sales. If you had bad habits running your restaurant, those habits will still be there when the extra cash runs out. While the owners are seasoned business owners and accomplished leaders.the culture took on a toxic quality.

Cash Management 255

Cash Management Leadership Coaching Take-out 255

Xtra Chef

AUGUST 12, 2020

Knowing your restaurant food costs helps with menu pricing, affects prime costs, and plays an integral part in remaining profitable. Food cost management is particularly important during a recession or economic downturn , as many restaurant owners are finding right now. But managing restaurant food costs can be challenging.

Food 120

Food Inventory Waste Food Order 120

Modern Restaurant Management

MARCH 11, 2020

US Foods Holding Corp.entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management, Inc. NYSE: APO) (the “Apollo Funds”) for $970 million in cash.

Bar 133

Bar Cash Management Loyalty Program Point of Sale 133

Open for Business

OCTOBER 20, 2023

From budgeting and licensing to crafting the perfect menu, here’s everything you need to know about how to open a restaurant. Market research Before you even think about the menu or location, you need to understand the guests who will walk through your doors. Creating the menu Your menu is the restaurant’s calling card.

License 78

License Email Marketing Seasonal Menu Front of House 78

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. By carefully managing your tables outdoors, you can more accurately adjust your reservation availability. For Botma, a limited menu allowed Sfoglia to reduce waste. Embrace your surroundings While Houston’s B.B. Here’s how.

Seating 78

Seating Outdoor Dine-in Reservations 78

Lavu

JANUARY 3, 2020

EBITDA shows the earning power of the business based on its cash flow. EBITDA subtracts all non-cash items. Some of the items excluded in Adjusted EBITDA include non-cash items, unrealized gains and losses, one-time gains and losses, non-operating income, and litigation expenses. . What is adjusted EBITDA?

Cash Management 80

Cash Management Point of Sale Seasonal Menu Inventory 80

Xtra Chef

DECEMBER 2, 2020

Restaurant inventory management with Excel takes too time and can lose you money. Inventory management with Excel in restaurants is a common food cost control method that helps you order the right amount of food at the right time to minimize waste, reduce food costs, and maximize profits. Here’s a better solution.

Inventory 91

Inventory Management Management Cash Management 91

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. You could also consider a standing-room-only section with an express menu of quick-service drinks like beer and wine to keep things flowing.

POS 40

POS Bar Mobile Ordering Customer Service 40

Embrace the Suck

MARCH 27, 2020

While the owners are seasoned business owners and accomplished leaders.the culture took on a toxic quality. The original management team was let go and replaced by the next available warm bodies that seemed to have potential. It was a waste of money. Full dining rooms for lunch and dinner. Guests really happy. Rave reviews.

Leadership 337

Leadership Cash Management Coaching Take-out 337

Apicbase

JULY 20, 2023

Tight inventory management is crucial to the profitability of any restaurant business, but it’s especially important for multi-outlet businesses, where mistakes and small discrepancies are multiplied many times over. Reduced Waste and Spoilage There’s a fine balance to be struck between being overstocked and risking running out of an item.

Inventory 40

Inventory Food Safety Cash Management Waste 40

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. “I wanted to make sure the whole menu, flavors, and even the packaging was on point,” said Tyga. I even threw in some chocolate chip cookies for dessert.”

Food Safety 207

Food Safety Mobile Ordering Online Ordering Kitchen Safety 207

Modern Restaurant Management

DECEMBER 16, 2021

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their views on trends. With more options to work outside of the hospitality industry, operators must offer employees more scheduling flexibility, facilitate transparent communication between management and team members, and avoid overworking staff.

2022 178

2022 Food Supply Back of House Kitchen Safety 178

EATER

JANUARY 21, 2021

We had a lot of success with meals that weren’t really beholden to a menu,” she says, noting that both the chefs and the customers seemed to enjoy trying something new. Growers sell farm shares at the beginning of the season to people who become regular patrons and recipients for the perishable food.

Seasonal Menu 115

Seasonal Menu Online Ordering Point of Sale Back of House 115

Margin Edge

FEBRUARY 24, 2022

They can impact everything from menu prices to labor decisions and can vary from week to week. . When you purchase fish for sushi, oftentimes you need to trim the fish or other ingredients (meaning there’s going to be some waste) before the product makes it onto a plate. The Barrow House, Clifton, NJ. Take sushi vs beer.

Inventory 82

Inventory Point of Sale Waste Fine Dining 82

Apicbase

JUNE 16, 2023

In practice, however, successfully managing a group of busy restaurants is an awfully tough undertaking. The metrics and calculations in this list will help you bring order to the chaos and manage the performance of each unit in the chain. In theory, it sounds easy. Why Are Metrics Important? That said, let’s dig in.

Point of Sale 52

Point of Sale Inventory Waste Employee Relations 52

Cheetah

DECEMBER 14, 2021

For restaurant operators, shifting to plant-based ‘cash-cows’ not only makes economic sense, but it has never been easier. This winter be sure to have at least two vegan desserts with massive profit margins on the menu to increase ticket sizes and improve your bottom line. Why Traditional Desserts Are Not Profitable.

Food Supply 148

Food Supply Seasonal Menu Cash Management Pricing 148

Xtra Chef

DECEMBER 11, 2019

Whether you are an executive chef, a seasoned restaurant finance executive, or an owner/operator who manages your own books, speaking the language of restaurant accounting will help keep all financial stakeholders on the same page. In Part 2, we’ll help you decide how best to manage accounting at your restaurant.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

The Restaurant Times

AUGUST 5, 2022

Successful restaurant accounting can help in efficient cash management, balancing financial books, optimizing costs, and overall business planning. You can find out what your best-selling menu items are as well as narrow down on your most costly expenses. Better assessment of each business cycle or season.

Cash Management 52

Cash Management Point of Sale Inventory Employee Relations 52

Modern Restaurant Management

SEPTEMBER 15, 2021

“The Discerning Diner report provides our members with the information they need to make choices around everything from menu selections and customer service options, to marketing initiatives and possible new revenue streams that today’s consumer is interested in. ” Holiday Season Expectations.

2021 176

2021 Loyalty Program Retail Online Ordering 176

Modern Restaurant Management

JANUARY 12, 2022

. “Online and mobile ordering was a lifeline to restaurants shut-down in the pandemic and continues to provide steady revenue,” said Simon de Montfort Walker, senior vice president and general manager at Oracle Food and Beverage. 46 percent would love to manage their dietary preferences with their favorite establishments.

2022 212

2022 Mobile Ordering Guest Recovery Point of Sale 212

Modern Restaurant Management

SEPTEMBER 15, 2020

SALIDO leverages design, data, and workflow management to optimize both front- and back-end operations. With the integration of both platforms, first-party orders made through Lunchbox will effortlessly feed into Ordermark’s platform to ensure that restaurants can manage both first-party and third-party orders from one location.

Fast Casual 140

Fast Casual Casual Menu Mobile Ordering 140

Modern Restaurant Management

DECEMBER 31, 2019

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders and experts for their insights on what will impact restaurants in 2020 and the response was overwhelming. Rick Camac, Dean of Restaurant & Hospitality Management at the Institute of Culinary Education. Plant-based Menu Items.

2020 136

2020 Kitchen Safety Consumer Goods Point of Sale 136

Next Restaurants

OCTOBER 9, 2019

If it’s time to upgrade to a modern point-of-purchase system that improves your guests’ experiences, consider these key features: Mobility Streamlined ordering Refined business workflow Customer and management metrics. Streamline the Menu Order Processing. Don’t waste time by waiting for a costly trainer to show up in person.

Customer Experience 61

Customer Experience POS Mobile Ordering Point of Sale 61

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. Here are their responses. To read part two, click here.

2021 193

2021 Kitchen Safety Food Safety Mobile Ordering 193

Modern Restaurant Management

MAY 27, 2020

PathSpot, creator of a real-time hand hygiene management system that protects against the threat and spread of illness with a hand scanner that tracks handwashing frequency and effectiveness, announced the closing of $6.5 ” Menu Anywhere. PathSpot Secures Funding. million in a Series A round led by Valor Siren Ventures I L.P.

Food Safety 165

Food Safety Kitchen Safety Mobile Ordering Guest Recovery 165

Modern Restaurant Management

AUGUST 28, 2020

” “Equality is something I advocate for in all aspects of my life, and the kitchen is no exception,” said Bravo’s “Top Chef” Season 10 winner, Kristen Kish. in a management role at the Officers’ Club. I am fully behind this initiative and hope my industry peers share their support as well.”

Allergens 125

Allergens Kitchen Safety Guest Recovery Customer Service 125

iTab POS

NOVEMBER 8, 2018

When you run a cash-only restaurant, you limit the payment options of your customers, which has a direct effect on your earning potential. By limiting your restaurant to a ‘cash-only’ payment model, you turn away many customers from your doors and effectively miss out on a significant portion of your target market.

Cash Management 40

Cash Management Mobile Ordering POS Point of Sale 40

Modern Restaurant Management

DECEMBER 16, 2019

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the great gift of a restaurant gift card, learning about event professionals, top QSR traffic and digital ordering strategies. Additionally, turnover rates for restaurant employees and managers continue to be at all-time highs.

2019 111

2019 Compost Mobile Ordering Point of Sale 111

Notch

FEBRUARY 14, 2019

You get a coupon and say, “wow, I’m going to save some cash and remember to use it later,” right? Read More : How to Set Menu Prices to Maximize Profit & Value Think about it this way; treat the promo as one meal—double the food cost that goes into the dish and calculate your percentage based on the price of a single item.

Specials 75

Specials Loyalty Program Seasonal Menu Point of Sale 75

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. The Main Course. Space is limited, so click here to register.

Kitchen Safety 201

Kitchen Safety Loyalty Program Delivery Customer Service 201

Modern Restaurant Management

MARCH 24, 2020

Each new brand will operate at virtual kitchen locations, which are delivery-only, and will offer new items that are off-shoots of Dog Haus’ signature menu. In addition to the new brands, The Absolute Brands will introduce pop-up concepts for seasonal happenings and chef collaborations. family,” said David Gibbs, CEO, Yum!

Food Supply 89

Food Supply Kitchen Safety Cash Management Food Safety 89

Modern Restaurant Management

OCTOBER 31, 2019

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features interesting and insightful trends from Upserve, order for pickup guest experience study results, the Fraud Aftershock Index and the importance of foot traffic. National Menu Trends. Reputation Management Revolution. Uberall, Inc.

2019 136

2019 Mobile Ordering Online Ordering Customer Experience 136

Notch

FEBRUARY 14, 2019

You get a coupon and say, “wow, I’m going to save some cash and remember to use it later,” right? Read More : How to Set Menu Prices to Maximize Profit & Value Think about it this way; treat the promo as one meal—double the food cost that goes into the dish and calculate your percentage based on the price of a single item.

Specials 52

Specials Loyalty Program Seasonal Menu Point of Sale 52