Lavu

JULY 25, 2025

A retailer nowadays can manage transactions, customers, inventory, employees and analytics all through the system that works for them, be it in a traditional terminal or sleek iPad POS system. With a solid connection, you can bill items, conduct inventory checks and swipe credit cards faster than ever.

POS

Lavu

JUNE 26, 2025

Restaurant accounting is the process of interpreting and analyzing the revenue, cash flow, inventory, and income statements of a restaurant. Let’s start with some basic terms: Cost of Goods Sold (COGS): This is the cost of all the items and ingredients on your menu (Beginning Inventory + Purchased Inventory – Ending Inventory).

2025

Lavu

AUGUST 1, 2025

Restaurant and bar scams are more common than many business owners realize—ranging from cash skimming and inventory theft to fraudulent voids and unauthorized discounts. When he or she is ready to close out, a promotional code or coupon is applied towards the open check. Maintaining an LP strategy requires gravity and diligence.

POS

Lavu

MAY 30, 2025

Use screen content to promote upcoming events, new menu items, coupons, and more. Restaurants can remove items that run out or promote items that are overstocked, aiding in better restaurant inventory management. This process builds a customer database that can be used for loyalty programs and remarketing campaigns.

Ordering

Modern Restaurant Management

MARCH 4, 2025

In one scenario analyzed by Incognia, a fraudster created 800 fake accounts to exploit new user coupons and was able to steal 1.5 percent of the total redeemed coupon value that month. “Our sales dipped slightly but consumers continued to choose spirits and enjoy a cocktail with family and friends.” percent and 2.9

Delivery

Modern Restaurant Management

NOVEMBER 1, 2024

Turning Tides: Restaurants Continued Navigativating Inflation In response to inflation, operators said they: adjusted food suppliers (37 percent), tracked ingredient prices (36 percent), increased menu prices (34 percent), managed a leaner inventory (32 percent), and reduced their menu sizes (26 percent). The average ticket size grew by 2.6

Point of Sale

Modern Restaurant Management

NOVEMBER 16, 2021

Gain informative data-based insights – By accessing a single source of data from anywhere and any device, restaurants gain invaluable insights about their customers, employees, inventory – you name it – particularly when artificial intelligence (AI) is layered in.

Customer Experience

7 Shifts

JUNE 4, 2021

Inventory turnover ratio. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. To calculate your COGs, you need the following numbers: Beginning Inventory, or the value of the inventory you start with. Ending inventory , or what you have leftover.

Point of Sale

7 Shifts

AUGUST 2, 2024

To calculate this, use the formula: Cost of Goods Sold (COGs) = Beginning Inventory + Purchased Inventory - Ending Inventory Gross profit & gross profit margin Your gross profit and gross profit margin help you track how much money you're making after deducting your Cost of Goods Sold.

Point of Sale

7 Shifts

AUGUST 18, 2024

You can use Facebook and Instagram to post updates about new products, showcase events you're hosting, or give coupons for people to try out new items on the menu. People love coupons because they allow them to try something they might not have otherwise tried. Then start the cycle over again with the first type of coupon.

Bar

7 Shifts

DECEMBER 11, 2019

Example: Quizno’s In 2009, Quizno’s decided to go head-to-head with Subway’s “Five Dollar Footlong” special, offering coupons to patrons for a free sandwich. Unfortunately, franchisees' concerns were not heard, which caused owners to reject these coupons. These decisions can have a strong impact on franchisees, for better or worse.

Franchise

7 Shifts

DECEMBER 8, 2020

Shift-related Coupons Another way to reward your employees hard work is by giving them an easier time at work. Combine a gift card with a shift coupon or a supplier gift. ) for some of their favorites. Bigger suppliers like beverage distributors often have access to special events like concerts or sporting events. A combination gift!

Front of House

Modern Restaurant Management

DECEMBER 14, 2021

These challenges pose the potential for inventory constraints, menu price increases, delays in service and more, impacting not only the hours restaurants can stay open but also the capacity at which they can operate. Clinton Anderson, CEO, Fourth Enterprises.

2022

Modern Restaurant Management

FEBRUARY 5, 2024

However, the best available coupon and fastest delivery time tied in second place. Offering special Big Game Day and National Pizza Day coupons that highlight speedy delivery and quality ahead of time can help restaurant owners maximize orders. Normally, 42 percent of diners expect their pizza to arrive within 30 minutes.

2024

Embrace the Suck

DECEMBER 25, 2019

Now, if you can manage your inventory to be more efficient and can reduce the number of deliveries you get per week while keeping the case count high, that is worth a percentage point on your PVA! That can make inventory management a challenge at times. We talk about loyalty coupons and discounts often in restaurants.

Food Truck

Modern Restaurant Management

JUNE 28, 2024

Enhancing Operations and Customer Experience : The top benefits of AI in restaurants include effective staff scheduling (38 percent), increased sales and revenue (37 percent), personalized marketing and promotions (36 percent), and efficient inventory management (34 percent). Doggy bags are back in vogue!

2024

Restaurant365

MARCH 3, 2022

Some airport information desks and car rental offices are open to passing on coupons to travelers, so be sure to check with yours. It can be anything from a 20% coupon to simply a free appetizer or dessert. Offering vouchers to be handed out to guests will also help fill your restaurant.

Travel

Focus POS

MAY 5, 2020

In the back office, the right system can save hours by automating scheduling, payroll, inventory, and more. If you aren’t convinced, here are five reasons why you should implement POS technology this year: Simplify Inventory Control. Inventory—ingredients and beverages—top the list of the costliest budget items for a restaurant.

POS

Restaurant365

MARCH 25, 2020

Reduce your menu items to focus on high margin/low labor menu items to help make up some of the difference in slow numbers and to keep your inventory low. Work with your vendors to ensure that inventory for items on your delivery/takeout menu will be available. Offer coupons for dine-in service. Limit hours of operation.

Delivery

Restaurant365

NOVEMBER 26, 2019

In addition to cost savings and increased security, cloud-based systems also provide deeper insight by integrating several different functionalities (like accounting, scheduling, inventory, and reporting) across multiple locations, all in one centralized platform. Streamlined inventory management. Automated tracking of sales and taxes.

2020

Modern Restaurant Management

MARCH 16, 2020

Various application segments are witnessing heightened demand for convenient features such as invoice management, inventory management, and image scanners. Innovation of POS systems with support features for managing inventory, and employee productivity will further product demand.”-Says ”-Says the Report Analyst.

Mobile Ordering

The Restaurant Times

AUGUST 17, 2021

You can gain insights from this customer data and dish out discounts, offers, and coupons on their special days. In addition, real-time data also helps to keep the inventory in check. You can forecast future demand and make sure that your kitchen never runs out of inventory. Make Instant Updates.

POS

Restaurant365

JANUARY 27, 2022

The ease of making changes to a QR code menu allows you to reduce food waste by adding specials to quickly sell inventory that’s approaching its expiration date. Local weekly coupon books. QR code menus enable you to easily adjust pricing, change menu items, or add and remove dishes across multiple locations. Improve Ordering Accuracy.

Mobile Ordering

Xtra Chef

MARCH 25, 2020

For example, let’s say you operate a steakhouse and have a significant amount of wagyu ribeye in your inventory. It’s likely one of the most expensive items in your inventory, but it may be an unlikely order for pick-up. Make the most of your inventory. Want to offer something more immediate?

Front of House

Indoor Media

AUGUST 8, 2017

Or you could monitor the amount of inventory used each month to make sure you aren’t wasting food. Interested in how grocery store coupon advertising can work for your restaurant? You’ve decided to run some advertising, and in most cases, that includes a coupon offer. Learn more. Make the Promo Worth Their Trip.

Advertising

The Restaurant Times

JULY 13, 2020

With this data in hand, they can better manage the restaurant inventory, avoid food wastage, and decide which menu items to promote. For example, on a customer’s birthday or anniversary, restaurants can send out gift coupons, promote customized offers, or offer a comp meal to alleviate the guest experience. .

Loyalty Program

BNG Point of Sale

OCTOBER 15, 2021

Equipped with wireless mobile point of sale devices, employees can check-out customers or access inventory information from anywhere within the store. Mobile devices make it simple to access inventory, including scanning items for inclusion in the system. Eliminate paper from the inventory count process forever.

Retail

The Restaurant Group

JULY 25, 2024

With professional photos that show unique, drool-worthy offerings, behind-the-scenes videos of a skilled chef at work, paid ads, incentives like coupons and discounts, and clever SEO, you can increase your reach and attract a larger crowd. Social media leverages this aspect of our nature to attract potential guests.

Hiring

Touch Bistro

JULY 26, 2021

It involves testing new recipes, training staff on the recipes, ordering inventory and equipment, and printing new menus. Conduct market research – ask customers what they want specials they would want to see on the menu and what kinds of coupons would entice them to come in. Not sure what to serve?

Specials

Xtra Chef

DECEMBER 18, 2019

Unlike when you offer coupons or run promotions, you don’t risk shrinking any delicate margins by selling gift cards. This allows you to take advantage of things like bulk pricing if you’re ordering physical gift cards without having to worry about throwing out excess inventory. . Increased Revenue Opportunities .

Cash Management

7 Shifts

NOVEMBER 1, 2022

They're people leaders, customer service providers, line cooks, inventory managers, occasional bartenders, public relations reps, number crunchers, and even marketers. A few ways to utilize direct mail are: Sending flyers or coupons to homes in your target market—this works well for a grand opening. The mailbox is still alive and well.

Seating

BNG Point of Sale

OCTOBER 15, 2021

Merchants who do not have large inventory or who do not require POS software’s more advanced features may operate just fine with a cash register. A POS better tracks inventory and alleviates employees from manually recording this time-consuming task. Real-time Inventory Tracking. Every business owner relies on reports.

Retail

7 Shifts

MAY 23, 2024

It can also be a great step to creating more accurate inventory management! This can help promote your business by interacting with the attendees, offering coupons and vouchers, and giving them a taste of some of the best-sellers on your menu. This is according to a study by Toast.

Social Media

Harbor Touch

MARCH 19, 2025

The next youre racing to keep inventory stocked while customers wait for tables. Master Inventory Control Inventory mistakes cost you. Pair it with a coupon code to track results. Running a restaurant is a demanding job. One day youre juggling staff schedules. Motivated teams deliver better service.

Management

Harbor Touch

MARCH 19, 2025

The next youre racing to keep inventory stocked while customers wait for tables. Master Inventory Control Inventory mistakes cost you. Pair it with a coupon code to track results. Running a restaurant is a demanding job. One day youre juggling staff schedules. Motivated teams deliver better service.

Management

Sling

JULY 1, 2023

A massive menu may not be the best idea, as it might lead to unused or spoiled inventory. They’re still good ways to drum up some noise and excitement, especially if you include discounts or coupons. However, remember that you’ll need to source all of the ingredients and equipment required for each menu item.

Fine Dining

The Restaurant Times

AUGUST 15, 2021

From customer-related aspects to matters that concern stock and inventory management, proper analysis of metrics can boost transparency and performance across a cloud kitchen business. Manage Stock And Inventory. Stock and inventory constitute a major part of cloud kitchen operations and demand efficient management.

Employee Relations