Restaurant365

OCTOBER 15, 2021

Because sales and labor needs can change by the hour, day, week, and month, it can be difficult to control your labor budget over time. Because sales and labor needs can change by the hour, day, week, and month, it can be difficult to control your labor budget over time. Total labor cost. Hourly Employees. Salaried Employees.

Management 148

Management Management Point of Sale Employee Relations 148

Lavu

DECEMBER 12, 2022

Restaurant cash flow management is the lifeblood of your business. Yet, while most small business owners know this truth, many still struggle with basic cash flow definitions, fundamentals, and management strategies that actually maximize benefits. Put new habits into practice with these ten best practices of cash flow management.

Cash Management 78

Cash Management Management Management Point of Sale 78

Mad Mobile

FEBRUARY 29, 2024

As bar owners and managers, you know that having the right point of sale system for your restaurant or bar makes all the difference. A good POS system can help you keep your customers and employees happy with speedy, accurate service. In the cloud-based POS space, systems are designed for every type of restaurant and bar.

POS 40

POS Bar Brewery Customer Service 40

Restaurant365

JANUARY 4, 2022

Restaurant inventory management plays a key role in overcoming rising food prices. If you’re still using Excel spreadsheets for inventory management, you are taking unnecessary manual steps and adding opportunity for error to the process, which can contribute to your rising food prices. from a year ago. More about this later.).

Inventory 148

Inventory Pricing Management Management 148

BNG Point of Sale

OCTOBER 13, 2021

Types of Point-of-Sale (POS) Systems. Point-of Sale (POS) systems are increasingly powerful tools for improving sales and profits. They offer a wide range of hardware and software options to aid in everything from sales to management to accounting. Different Types of POS Systems.

POS 52

POS Loyalty Program Point of Sale Cash Management 52

Restaurant365

MAY 17, 2022

Food inventory management goes way beyond counting the items on the shelves. The most important part of inventory management is understanding how the amount of product relates to your profit margin. Why a POS system is not suitable for inventory management. The POS system doesn’t do analysis. That’s great.

Inventory 78

Inventory Management Management Food 78

Focus POS

FEBRUARY 5, 2019

One of the key factors in obtaining maximum profit for your restaurant is table management. Higher table turnover rate equals more satisfied customers and greater sales revenue. Here are some ways you can increase table management efficiency. Here are some ways you can increase table management efficiency.

Management 106

Management Management Tip Distribution Point of Sale 106

Restaurant365

OCTOBER 16, 2019

When most restaurant owners think about how to manage restaurant inventory, they think of food cost control. For restaurant owners, inventory control is closely related to accounting and food cost management. The nuts and bolts of restaurant inventory management. Inventory management goes beyond counting inventory.

Inventory 113

Inventory Management Management POS 113

Mad Mobile

FEBRUARY 26, 2024

Operators who calculate their cost of sales add 2–10% to their bottom line. Loss, waste, inconsistency — without careful management of bar inventory, you’re quickly losing a decent chunk of money. Accountability across the board Comprehensive inventory management extends beyond limiting bartenders’ pilfering temptation.

Inventory 40

Inventory Bar Management Management 40

Restaurant365

JULY 21, 2021

Understanding how to master restaurant inventory management is an invaluable skill. Ultimately, your inventory impacts your bottom line, because how you manage your inventory determines your food cost. Understanding inventory management is a foundational step for running a profitable restaurant.

Inventory 78

Inventory Management Management Waste 78

Restaurant365

DECEMBER 11, 2020

As 2021 begins, there are many restaurant management best practices that can be applied to strengthen your business, in the short and long term. Manage cash flow by creating a cash flow forecast. operators, mostly sales) minus your cash outflows (your operating costs, like food and drink, payroll, rent, etc.)

2021 136

2021 Cash Management Management Management 136

Restaurant365

NOVEMBER 12, 2021

With restaurant management technology, you can use menu engineering tools to inform your data tracking and decision making. You are already generating data about your food cost, menu items, and sales levels. At its core, menu engineering tracks the profitability of menu items individually, as well as your product sales mix.

Menu 143

Menu Operations Point of Sale POS 143

Ordyx

MARCH 28, 2021

Managing, and improving efficiency should be the number one priority for every business owner, especially in the hospitality industry. Paying attention to productivity levels will assist management in determining the success of the restaurant and whether or not changes are needed to help improve overall output. Service is key here.

POS 52

POS Inventory Point of Sale Email Marketing 52

Lavu

NOVEMBER 10, 2022

A modern restaurant point-of-sale (POS) system now offers many automation tools that make it easier to operate more efficiently and effectively. You can access these features easily with the right POS system. #1) Display screens are a part of a POS system. What Is Restaurant Automation?

Employee Relations 78

Employee Relations Inventory Fast Casual Point of Sale 78

Restaurant365

MARCH 10, 2020

Your restaurant inventory management is an oft-forgotten component of your finances, but the amount of product you have on hand represents a large part of your budget. So, the key to minimizing food waste that can eat into your profits is effective restaurant inventory management. What is Restaurant Inventory Management?

Inventory 103

Inventory Management Management Waste 103

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

Restaurant365

OCTOBER 4, 2019

Most restaurateurs can answer the question, “what is a point of sale (POS) system?” ” because POS systems include some of the most critical components of restaurant operations. ” How does POS integration work? Why POS integration is a vital part of restaurant accounting software.

POS 60

POS Point of Sale Cash Management Information 60

Modern Restaurant Management

FEBRUARY 2, 2022

For example, a handheld POS device will allow you to turn tables faster, improve order accuracy, and speed up service. So if you have to deal with bigger crowds, your staff can easily manage the queues of orders, personalize staff alerts, and more. Undoubtedly, it has become a community favorite across the country. Go Digital.

Loyalty Program 197

Loyalty Program Online Ordering Social Media Mobile Ordering 197

Modern Restaurant Management

APRIL 23, 2021

The program will allow eligible restaurants and other food establishments to access the RRF application or data they need to fill out the application through their point-of-sale (POS) service providers. “The SBA must be as entrepreneurial as the entrepreneurs we serve.

Point of Sale 128

Point of Sale Webinar Small Business Customer Service 128

Ordyx

DECEMBER 19, 2019

Owning and managing a restaurant is HARD WORK , there’s no other way to look at it. That is why a POS (point of sale) system with remote access capabilities is essential for restaurant owners and managers alike. It is exhausting and restaurant owners are noted to work over 50 hours a week.

POS 52

POS Email Marketing Point of Sale Demo 52

Restaurant365

OCTOBER 30, 2020

As a restaurant owner or manager, sometimes you may need to jump in to help keep business running smoothly. However, the day-to-day tasks can distract from the bigger-picture work that is essential for your long-term business health: restaurant operations management. What is restaurant operations management?

Operations 78

Operations Management Management Inventory 78

Restaurant365

JANUARY 12, 2022

Higher minimum wages, combined with the labor shortage are stretching restaurant labor budgets to a near breaking point, requiring you to optimize your restaurant labor costs now more than ever. Using intraday polling, you can leverage data from your integrated POS system to make informed, same-day labor adjustments.

Point of Sale 78

Point of Sale POS Employee Relations Information 78

Modern Restaurant Management

JULY 12, 2022

This can be done by calculating your restaurant’s food cost percentage and cost of each dish using reports and data that an integrated point-of-sale can provide. Keep things running smoothly by using an integrated point-of-sale system that allows you to do everything in one place. Offer Easy Online Ordering.

Loyalty Program 223

Loyalty Program Online Ordering Point of Sale Customer Experience 223

Restaurant365

OCTOBER 29, 2021

POS integration enables flexible payment options. During the COVID-19 pandemic, restaurants implemented new safety measures designed to encourage social distancing and limit points of contact. With these POS integration connections, you can enable flexible payment options that meet customer needs.

Customer Experience 158

Customer Experience Technology Mobile Ordering Inventory 158

Apicbase

MAY 8, 2024

The right restaurant management software significantly enhances efficiency and control of operating costs. Finally, we will explore the best alternatives to MarketMan, helping you decide which restaurant inventory management platform aligns best with your needs. It helps you track waste and theft to better control running costs.

Inventory 52

Inventory Food Supply Kitchen Safety Back of House 52

Restaurant365

MARCH 10, 2020

Your restaurant inventory management is an oft-forgotten component of your finances, but the amount of product you have on hand represents a large part of your budget. So, the key to minimizing food waste that can eat into your profits is effective restaurant inventory management. What is Restaurant Inventory Management?

Inventory 78

Inventory Management Management Waste 78

Modern Restaurant Management

DECEMBER 10, 2021

Your restaurant’s main selling point is the food. A quick look at your POS data will identify the top three selling items on your menu. Train your staff to build other taking points. The more talking points you can generate for your restaurant, the more traffic you’re likely to get. Net result?

Marketing 226

Marketing SEO Front of House Website Management 226

Apicbase

MARCH 28, 2024

The back-of-house (or BOH) manages crucial elements that impact cost control and profitability. These include food production and inventory management. BOH roles include all kitchen staff—from executive head chefs to line cooks, kitchen porters, and cleaners—and any administrative staff and managers. Sales optimisation.

Back of House 52

Back of House FOH BOH Front of House 52

Restaurant365

NOVEMBER 18, 2021

Your restaurant orders, receives, and counts food all in one system: your inventory management software. Your inventory management solution measures and stores all the information you need about your food cost. You receive time in your Point of Sale (POS) system. Tracking time occurs in many different systems.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

Restaurant365

NOVEMBER 20, 2020

Background. Eli’s Restaurant Group is a family of restaurants that’s called Connecticut home for more than two decades. With six restaurant locations and a catering arm, Eli’s Restaurant Group shares the vision that upscale American cuisine can be combined with a friendly, inviting atmosphere. “What should I charge for this?

Demo 148

Demo Point of Sale Cash Management Waste 148

Restaurant365

JANUARY 7, 2022

Upgrading to a handheld point-of-sale device will save your servers valuable time when taking guest orders. It is hard to believe that it has been almost two years of restaurants adjusting operations due to COVID-19. The resurgence of the virus will increase the demand for outdoor dining options. Add a sense of privacy.

Outdoor 148

Outdoor Seasonal Menu Point of Sale Dine-in 148

Restaurant365

OCTOBER 22, 2021

There are many restaurant data points that can help you see beyond the buzz of the day-to-day of a restaurant and get a glimpse at the health of your business. How to calculate labor cost as a percentage of sales. Your total labor cost will change over time as sales levels fluctuate. How to calculate sales per labor hour (SPLH).

Point of Sale 78

Point of Sale Insurance Inventory Cash Management 78

Restaurant365

JUNE 26, 2020

With more than 30 years in the franchising business, C21 Group/BLCO Enterprises has grown into managing 29 KFC, Taco Bell and A&W franchise locations across Canada and parts of the U.S., Background. employing more than 700 people.

Franchise 148

Franchise Franchising Cash Management Demo 148

Restaurant365

MARCH 5, 2021

A few people managed the restaurant group with overly complex systems built on Excel spreadsheets. This data was always “a week behind, based on invoices and sales from last week,” said Mr. McDowell. Louis’ local Riverfront Times multiple years in a row. “It happens almost instantaneously.

Hospitality 78

Hospitality Management Management Inventory 78

Lavu

OCTOBER 24, 2022

It uses NFC (near field communication) technology, a radio frequency that allows a card or device to communicate wirelessly with a point-of-sale (POS) system. A customer waves their phone near a POS to pay using their digital wallet through a delta wallet service such as Venmo, Apple Pay, Google Pay, and Samsung Pay.

Mobile Ordering 78

Mobile Ordering POS Customer Service Online Ordering 78

Restaurant365

OCTOBER 1, 2021

Tracking your profit margin, in the current moment and over time, is critical to managing your restaurant’s financial health. All business owners and managers are familiar with the concept of profit margin but understanding exactly what lies behind the calculation can help you figure out how to optimize it.

Point of Sale 78

Point of Sale Food Truck Loyalty Program Inventory 78

Lavu

NOVEMBER 18, 2022

Team and Management: Introduce your team, and share a brief bio about each member of your leadership team. Team and Management: Introduce your team, and share a brief bio about each member of your leadership team. An idea to open a pizzeria is just an idea until you put your plan on paper. How much space do you need?

Loyalty Program 78

Loyalty Program Download Document Point of Sale 78