7 Shifts

SEPTEMBER 16, 2024

Selling a restaurant can be a major decision for many reasons. One of the main reasons is to cut losses due to financial challenges, with 52% of restaurant owners saying high operating and food costs are really cutting into their profits. Other possible reasons include wanting to retire or find new business ventures.

2024 195

2024 Document Cash Management Point of Sale 195

Modern Restaurant Management

DECEMBER 27, 2019

This edition of MRM News Bites features NCR, Bloom Intelligence, The American Food Association, The Dinex Group, Performance Food Group Company, Appetize and Restaurant365, Snackpass, PAR Technology, Net Element, Sensory, GRIF, Picnic and El Pollo Loco. NCR Acquires Zynstra. NCR Corporation acquired U.K.-based

Mobile Ordering 309

Mobile Ordering Customer Service Point of Sale Customer Experience 309

7 Shifts

NOVEMBER 19, 2019

As a percentage of sales, restaurant labor cost percentage is the amount spent on all labor-related costs compared to your gross sales in a specific time period. Some businesses choose to calculate labor cost as a percentage of operating costs rather than a percentage of sales. What is Restaurant Labor Cost Percentage?

Management 253

Management Management Employee Relations Restaurant Law 253

7 Shifts

OCTOBER 20, 2022

It's a constant conversation in the restaurant industry. But one can't deny that tips make up a majority of restaurant workers' take-home pay. There have been several ways in which restaurant owners have tried to create a more equitable system for employees to earn consistent, fair wages and improve retention. Table of Contents. Tip Pooling Laws.

Tip Distribution 195

Tip Distribution Restaurant Law 2023 Cash Management 195

7 Shifts

DECEMBER 18, 2023

Manager log books Even if it’s just a shared cloud document, you need a centralized place for your managers to exchange information. The role of a restaurant manager is always in motion. There’s always something else to get done, a new fire to put out, and broken things to fix. Not sure if something got done earlier in the week?

Management 195

Management Management Email Marketing Point of Sale 195

Paper Chase Accountancy

MAY 30, 2025

A single percentage point difference in food costs or labor can be the difference between profit and loss. IRS Audits: Inaccurate or incomplete records can trigger costly and time-consuming IRS audits, leading to significant penalties and fines. Bookkeeping is the often-unsung hero, forming the bedrock of smart financial management.

Bar 52

Bar Cash Management Point of Sale Back of House 52

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. over a certain period of time.

2021 136

2021 Cash Management Management Management 136

Restaurant365

MARCH 3, 2020

A quick service restaurant versus a full-service fine dining restaurant have different labor cost standards and require different approaches. Most restaurant owners track labor cost as a percentage of total sales. The most common percentage calculation is labor cost as a percentage of total sales over a certain period of time.

Front of House 99

Front of House Point of Sale Back of House Fine Dining 99

Bingage

JANUARY 15, 2020

No matter what type of restaurant you are running whether it’s fine dining or a food truck, all need the same efforts to make it call a successful food business. The point of understanding is, becoming a restaurateur involves uncountable responsibilities to perform. Begin with business planning and decide the concept.

Food Truck 96

Food Truck Employee Relations Email Marketing Point of Sale 96

Lavu

MARCH 23, 2020

With narrow margins, unpredictable crowds, and new trends such as delivery services, it is critical to provide customers a variety of dining opportunities, like hosting events. Offering your restaurant as a venue gives potential customers a reason to dine with you and experience your hospitality. The Basics of Hosting.

Events 78

Events Social Media Customer Service Document 78

Clover - Restaurants

APRIL 9, 2024

Reliable, quality food suppliers for restaurants are one of the few key components that a dining establishment must have to remain operational. They keep the kitchen stocked, help ensure quality products, and provide valuable support that allows you to focus on what you do best: creating a great dining experience for your customers.

Food Supply 98

Food Supply Online Ordering Food Truck Food Order 98

Lavu

DECEMBER 20, 2019

The corner cafe, upscale bistro and fine dining restaurant serve different dishes, but all face at least a few common. Employers have multiple obligations for documenting and reporting tip income, as well as for paying taxes on. issues when it comes to accounting. Payroll probably represents the largest portion of your expenses.

Cash Management 78

Cash Management Employee Relations Point of Sale Inventory 78

Open for Business

SEPTEMBER 27, 2022

But it’s never a good idea to forge ahead with a restaurant kitchen or dining room design with no real floor plan. Though the end result should feel natural, creating this document is a process that requires tape measures, math, a computer, and careful planning. Dining rooms. Outdoor dining. Quick links. Back of house.

Front of House 78

Front of House Back of House Kitchen Safety Fine Dining 78

Open for Business

OCTOBER 20, 2023

This document is helpful for you as well as potential investors. This document is helpful for you as well as potential investors. Whether it’s chic and modern or rustic and cozy, fine dining or casual, the atmosphere needs to enhance the dining experience and make it memorable for all the right reasons.

License 78

License Email Marketing Social Media Front of House 78

The Restaurant Times

APRIL 13, 2021

The respondents consisted of professionals associated with casual dining restaurants, fine-dining establishments, cloud kitchens, quick service restaurants, cafes, bakeries, food courts, and other formats. The COVID-19 pandemic has transformed the restaurant industry in a number of ways.

Loyalty Program 52

Loyalty Program Online Ordering Fine Dining Cash Management 52

The Restaurant Times

MAY 30, 2021

It gives banks and potential investors information regarding its business objectives – market analysis, management details and financial requirements to sales and marketing, expansion potential, etc. For example, quick-service restaurant, fine dining, pub, food truck, etc. Introduction. Executive Summary.

Point of Sale 52

Point of Sale Food Truck Employee Relations Customer Service 52

Open for Business

DECEMBER 12, 2023

Then, when you get to the point when you’re ready to retain an attorney, you already have someone that’s familiar with you and your concept,” Roberta Economidis, Founding Partner at GE Law Group. All liability with respect to actions taken or not taken based on the contents of this article is hereby expressly disclaimed.

Back of House 78

Back of House Restaurant Law Small Business Email Marketing 78

SpotOn

JUNE 26, 2024

How do you ensure every 2-top to 20-top has the opportunity to give their thoughts on the dining experience? Introduction You run your restaurant to the best of your ability and with the resources at hand. Sometimes, a kitchen malfunction occurs, or someone may call out, leaving you short-handed. Image sourced from statista.com.

Social Media 52

Social Media Online Ordering Customer Experience Customer Service 52

Modern Restaurant Management

JULY 7, 2020

In this edition of MRM News Bites, we feature the latest delivery platform consolidation, the release of PPP loan information and ServSafe Dining Commitment. Uber To Acquire Postmates. billion in an all-stock transaction that brings together two top players in third-party delivery, Uber will acquire Postmates.

Mobile Ordering 481

Mobile Ordering Restaurant Law Seating Customer Service 481

Modern Restaurant Management

OCTOBER 4, 2021

The data also points to a broken customer arrival experience. Must haves for local chain restaurant apps include easy ordering (66 percent), easy payment (61 percent), loyalty/rewards points (52 percent), and coupons and/or deals (52 percent). The State of What Feeds Us. Restaurant apps reign supreme over third-party apps.

2021 426

2021 Fast Casual Mobile Ordering Social Media 426

Modern Restaurant Management

AUGUST 3, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the state of flavor, COVID-19 restaurant operations, public acceptance of delivery charges, the best of the best and the most allergy-friendly restaurant chains. DoorDash Deep Dish.

2020 487

2020 Franchise Franchising Online Ordering 487

EATER

JUNE 9, 2020

On June 1 and 2, Paris and Melbourne began to allow dine-in seating, and Berlin reopened bars — prost! The point is, despite the near-universal tragedy caused by the novel coronavirus, the look and feel of our experiences today is anything but uniform, and depends greatly on the place we call home. Lesley Suter, travel editor. ?

Government 328

Government White Paper Fine Dining Bar 328

Modern Restaurant Management

MARCH 11, 2021

Outdoor dining during the warmer months provided a means for many restaurants to remain largely operational and in compliance with pandemic safety measures. Every effort is being made to ensure customers feel safe and protected. Implementing Mobile ID Technology. Florida is the first U.S. As ID issuers (i.e., deployed on an on-site device.

License 533

License Government Customer Experience Fine Dining 533

EATER

AUGUST 17, 2020

Or more specifically, the willingness of said landlord to cut said tenant a deal. Some people are making concessions, whether it’s temporary or longterm abatements or newly structured partnerships. And some landlords, even some without mortgages, are letting tenants walk. Jasmine Moy: Sure. Daniel Geneen : Right. JM : Oh, sure.

Hotels 325

Hotels Take-out Beverage Point of Sale 325

Restaurant365

MAY 7, 2020

As states and localities start to reopen, restauranteurs begin to prepare for transitioning from off-premise channels to reopening their dining rooms, albeit in a limited approach. Most states have issued executive orders that provide specific requirements that must be followed in order to reopen dining rooms. Access a copy of the U.S.

Food Safety 142

Food Safety Cash Management Social Media Point of Sale 142

EATER

AUGUST 4, 2021

Starting in April 2020, after work dried up and she “desperately needed an outlet,” Sokolow began baking challah, selling it to her friends, and donating the proceeds to charity and mutual aid organizations like World Central Kitchen and the Trevor Project. “It It was sort of an accidental business,” she said.

Food 246

Food Kitchen Safety Point of Sale Food Safety 246

EATER

OCTOBER 11, 2023

Ledesma Cord Jefferson goes gonzo in America’s id, Las Vegas It’s 3:30 in the morning on a Thursday in August, and I’m lying on the marble floor of my hotel bathroom in Las Vegas. I’m naked and drenched in sweat, crumpled into a fetal position on a bathrobe to shield my clammy skin from the freezing tile. but I was in a bit of a rut at home.

Front of House 303

Front of House Back of House Point of Sale Fine Dining 303