Restaurant365

DECEMBER 11, 2020

operators, mostly sales) minus your cash outflows (your operating costs, like food and drink, payroll, rent, etc.) For instance, you may need to proactively adjust your labor to meet a seasonal drop in sales, or plan for the best time to spend cash on any needed maintenance or upgrades. Cost out your menu items and recipes.

2021 136

2021 Cash Management Management Management 136

Restaurant365

NOVEMBER 12, 2019

Every customer who orders from your restaurant takes a look at your menu, making it one of the most important pieces of your restaurant marketing. With this visibility, restaurant menu engineering provides a huge opportunity to grow your profits and ensure a great customer experience. Getting started with menu engineering.

Menu 101

Menu Point of Sale Seasonal Menu Pricing 101

Black Box Intelligence

JULY 26, 2022

New data from Black Box Intelligence confirms fewer price hikes positively impacts intent to return; leads to increase in guest traffic and sales. Best and worst performing region, segment and cuisine is based on same-store sales growth. Restaurants are experiencing strong headwinds as the industry hits peak Summer season.

Fast Casual 78

Fast Casual Point of Sale 2022 Fine Dining 78

ChowNow

NOVEMBER 4, 2020

We spoke to Ali Mochizuki, Emily Plotkin, Shadeh Tabatabai, and Larissa Lynn—all seasoned ChowNow Restaurant Success Managers— to hear their lessons from the pandemic and advice for restaurants. Menu items to collect donations or extra tips for staff have been very common. I had so many partners that put toilet paper on their menus.

Online Ordering 78

Online Ordering Mobile Ordering Seasonal Menu Social Media 78

Mad Mobile

FEBRUARY 22, 2024

Statistic Detail 46% 46% of adults think technology has a positive impact on their restaurant experience. 65% 65% of customers prefer self-service kiosks. 7% to 10% Restaurants now spend an average of 7 % to 10% of their gross revenue on IT. 1.22tn The revenue in the Online Food Delivery market is forecasted to reach US $1.22 trillion in 2024.

2024 40

2024 Technology Customer Experience Dietary Restrictions 40

Restaurant365

JUNE 17, 2020

The restaurant industry faces a lot of industry-specific regulations on payroll, with laws regulating hourly employee scheduling and tipped wage workers, as well as compliance with the Affordable Care Act regarding seasonal and variable hour employees. Your restaurant payroll cost is not fixed and may fluctuate with sales.

Tip Distribution 78

Tip Distribution Point of Sale Employee Relations Restaurant Law 78

Restaurant365

MARCH 10, 2020

Tracking your inventory shows what is coming into your restaurant, what is leaving your kitchen as sales, and what is left over on your shelf. When you think of your restaurant finances, do you think of your inventory? What is Restaurant Inventory Management? Sitting Inventory.

Inventory 103

Inventory Management Management Waste 103

Margin Edge

AUGUST 6, 2019

Creating recipes and setting your initial menu pricing is Restaurant 101. If you’re using a manual system or some combination of manual and computer-based management, time constraints may mean you can only track a shortlist of key ingredients or menu items: your biggest sellers, the most margin-sensitive or both.

Dine-in 44

Dine-in Food Point of Sale Fast Casual 44

Restaurant365

MARCH 10, 2020

Tracking your inventory shows what is coming into your restaurant, what is leaving your kitchen as sales, and what is left over on your shelf. When you think of your restaurant finances, do you think of your inventory? What is Restaurant Inventory Management? Sitting Inventory.

Inventory 78

Inventory Management Management Waste 78

Marketman

NOVEMBER 13, 2019

Your food cost percentage allows you to asses if an item on the menu is profitable or not. Whether it’s seasonal or there’s a shortage of a particular product on the suppliers’ end, a high selling product may become non-profitable if the price spikes. Break-Even Point. What are the important metrics for a restaurant?

Point of Sale 40

Point of Sale Inventory Seasonal Menu Food Order 40

Marketman

NOVEMBER 13, 2019

Your food cost percentage allows you to asses if an item on the menu is profitable or not. Whether it’s seasonal or there’s a shortage of a particular product on the suppliers’ end, a high selling product may become non-profitable if the price spikes. Break-Even Point. What are the important metrics for a restaurant?

Point of Sale 40

Point of Sale Inventory Seasonal Menu Food Order 40

Black Box Intelligence

JULY 26, 2022

New data from Black Box Intelligence confirms fewer price hikes positively impacts intent to return; leads to increase in guest traffic and sales All growth numbers are year over year unless specified. Best and worst performing region, segment and cuisine is based on same-store sales growth. Same-store sales growth was +1.6%

Fast Casual 40

Fast Casual Point of Sale 2022 Fine Dining 40

Bingage

NOVEMBER 18, 2019

Offering Combos in trend now, it is shown in the study that combos deal attract customers, The attractive prices that you offer on a combo offer will give the result of increased sales of multiple products at once. So 2019 is coming to a close, people must be started planning for the evening. Hold Live Musical Night. Fixed a Space for kids.

Loyalty Program 81

Loyalty Program Social Media Email Marketing Advertising 81

Margin Edge

JULY 10, 2019

Yet that is how much of a chef or restaurateur’s time is spent: manually entering invoices, taking inventory counts with paper and a clipboard or reviewing sales results from a point-of-sale system and trying to reconcile them with the purchasing and food cost data kept separately on spreadsheets.

Management 49

Management Management Point of Sale 2019 49

7 Shifts

FEBRUARY 8, 2024

With the right tech tools, managers can ease their workloads, employees enjoy a much smoother scheduling process, and guests benefit in countless ways — from mobile ordering to digital menus to better ways of making and managing reservations. A full 55% of consumers consider takeout and delivery essential to their restaurant experience.

Operations 367

Operations Management Management Mobile Ordering 367

7 Shifts

FEBRUARY 8, 2024

With the right tech tools, managers can ease their workloads, employees enjoy a much smoother scheduling process, and guests benefit in countless ways — from mobile ordering to digital menus to better ways of making and managing reservations. A full 55% of consumers consider takeout and delivery essential to their restaurant experience.

Operations 352

Operations Management Management Mobile Ordering 352

7 Shifts

MARCH 10, 2022

TouchBistro - a point of sale (POS) app for iPads - allows servers to take payments tableside, managers to monitor sales activities, and accountants and administrators quick access to valuable performance trends. Top Restaurant Management Apps. Try 7shifts for Free. Apple | Android. TouchBistro. Team Communication. QuickBooks.

Management 195

Management Management Operations Point of Sale 195

EATER

JANUARY 5, 2022

Andy Rebhun, SVP digital and marketing officer for El Pollo Loco, noted during the drone demo that “I really don’t feel like customers should have to travel to pick up their food.” At the Food on Demand conference in Las Vegas, the food service industry laid out its vision for a future in which customers never have to wait.

Food 144

Food Mobile Ordering Online Ordering Food Order 144

Restaurant365

FEBRUARY 22, 2022

There’s sales and customer data, labor performance data, and even data telling you how much food you waste. Your restaurant sales data holds the keys to how successful your restaurant group can be, if you use this business intelligence to drive your decisions. Are you using restaurant analytics? Why you should use restaurant analytics.

Point of Sale 147

Point of Sale POS Inventory Seasonal Menu 147

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. 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.

Food Safety 210

Food Safety Mobile Ordering Online Ordering Kitchen Safety 210

Restaurant365

APRIL 30, 2020

When someone places an order, sends a delivery ticket to the kitchen, or takes inventory, valuable data points are created that can inform bigger insights. Analytics can help you make decisions about one of the most important factors in your profit margin: what you’re offering on your menu. ” “how?”

Loyalty Program 78

Loyalty Program Point of Sale Seasonal Menu Inventory 78

Focus POS

MAY 5, 2020

This technology also tells you what menu items are selling out, what’s sitting around in the kitchen about to expire, and how quickly menu items are being sold. Generating ingredient tracking reports will give insight into customers’ dining preferences, which can be used as a guideline for menu planning. Optimize Labor.

POS 120

POS Point of Sale Mobile Ordering Inventory 120

Apicbase

MARCH 28, 2024

That means you are collaborating with multiple stakeholders who each have their own data points to focus on. All come with their own data sets and metrics – food cost, inventory variance, sales numbers, the list goes on. But with so many kitchen management systems vying for your attention, you need to narrow down the options.

Management 52

Management Management Point of Sale Kitchen Safety 52

Restaurant365

APRIL 16, 2021

As a whole, restaurant profit margins are much lower than other industries, due to perishable item waste, staff turnover, seasonality, and other factors. When calculating your restaurant profit margin, keep these details in mind: First, your profit is a way to understand what percentage of your sales turned into profits. Net Profit.

Loyalty Program 88

Loyalty Program Point of Sale Guest Recovery Seasonal Menu 88

Restaurant365

SEPTEMBER 24, 2020

She also said the company wasn’t getting daily sales information. By using those four reports in combination, Mr. Castillo said that Maru Hospitality Group saw a sales increase of about $900,000 and a decrease in food product purchases of $300,000 between 2018 and 2019. We wanted a system that was all encompassing,” said Ms.

Hospitality 60

Hospitality Point of Sale Food Demo 60

Apicbase

SEPTEMBER 2, 2022

Are you ready to start playing the long game when it comes to menu engineering? If you’re thinking of menu analysis and engineering as just a prelude to menu redesigns and pricing tweaks, you’re pinching pennies off the side… and leaving bags of money on the table. What is Menu Engineering? And it’s time to fix that.

Menu 52

Menu Operations Point of Sale Seasonal Menu 52

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. Restaurant accounting is certainly not the most glamorous part of running a restaurant.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

Hot Schedules

FEBRUARY 3, 2021

Menu Engineering Helps Hospitality Teams to Manage Costs in 2021. O n top of the decreased sales resulting from the pandemic, the hospitality industry is facing an ongoing rise in labor costs and uncertainty regarding supply chain reliability and product availability. Star – Highly popular and with high margins.

Menu 88

Menu Seasonal Menu Food Supply Point of Sale 88

Modern Restaurant Management

SEPTEMBER 14, 2021

New & Notable spotlights the latest news restaurateurs need to know. TEAM Schostak Family Celebrates Anniversary and Employees. TEAM Schostak Family Restaurants (TSFR) is celebrating its 40th anniversary along with the anniversaries of employees that have been with the company for 20 years or more.

Food 173

Food Tip Distribution Guest Recovery Food Safety 173

Restaurant365

AUGUST 6, 2021

Restaurant forecasting leverages historical revenue data, information about current conditions, and knowledge of external events to help project future sales levels. With restaurant restrictions and shifting customer behaviors, restaurants in 2020 and much of 2021 faced fluctuating sales and revenue levels.

Point of Sale 78

Point of Sale Inventory 2021 Waste 78

Modern Restaurant Management

OCTOBER 18, 2019

In this edition of MRM News Bites, we feature Winnow, Epic Burger, OneDine, Revenue Management Solutions, t he ONE Group Hospitality, McCain Foods, Epson America and Noble, Inspire Brands and 2nd Avenue Lighting. Winnow Raises $20M to Fight Food Waste. Within the US alone, an estimated? 63 million tons of food is wasted every year.

Waste 104

Waste Food Franchise Franchising 104

Modern Restaurant Management

JUNE 19, 2020

In this edition of MRM News Bites, we feature links for PPP Forgiveness, new Yelp features and more products and services for restaurant recovery. PPP Forgiveness Links and EZ App. Did not reduce the salaries or wages of their employees by more than 25 percent, and did not reduce the number or hours of their employees; OR.

Food Safety 145

Food Safety Customer Experience Website Management Employee Relations 145

Web Diner

AUGUST 27, 2020

Online ordering also allows you to customize your menu, so you can add several sides and food options to entice buyers to spend more and experiment more easily with different combinations. How to thrive as a restaurant post-pandemic: a how-to directed at Restaurant Owners. For most of us, it is still far from business as ‘usual.’

Social Media 69

Social Media Email Marketing Online Ordering Mobile Ordering 69

Web Diner

AUGUST 27, 2020

Online ordering also allows you to customize your menu, so you can add several sides and food options to entice buyers to spend more and experiment more easily with different combinations. How to thrive as a restaurant post-pandemic: a how-to directed at Restaurant Owners. For most of us, it is still far from business as ‘usual.’

Social Media 36

Social Media Email Marketing Online Ordering Mobile Ordering 36

Restaurant365

OCTOBER 31, 2019

Specifically, the Cocchis relied on QuickBooks for accounting, Micros for point-of-sale (POS), and a third system for operations — all supplemented by a good deal of hands-on oversight of invoice approvals, cash flow, inventory and so on. Background. It was difficult, frustrating and time consuming.” Then he heard about Restaurant365.

Point of Sale 18

Point of Sale Cash Management POS Demo 18

Black Box Intelligence

NOVEMBER 1, 2021

Restaurant Sales and Traffic Post Strongest Results in 4 Weeks. The industry had a strong rebound in sales and traffic growth and the week ending October 17 posted the strongest results in 4 weeks. . Only fine dining did improve in sales growth. QSR, fast casual and casual dining improved the most (improved sales growth by 1.9

Fast Casual 84

Fast Casual Guest Recovery Fine Dining Point of Sale 84