Lavu

JUNE 26, 2025

It allows you to document all financial transactions of your business and determine its performance. The cycle starts with the buying of a meal by a customer, with the transaction being recorded by the POS system. Documented reporting and screening of these costs is integral to keeping the business afloat.

2025 113

2025 Cash Management Point of Sale POS 113

7 Shifts

AUGUST 18, 2024

Table of Contents The Costs of Opening and Running a Restaurant The Difference Between Fixed and Variable Cost Understand And Calculate Your Prime Cost Understand And Control The 5 Major Restaurant Costs Restaurant Labor Costs Restaurant Food Costs Restaurant Utility Costs Restaurant Kitchen Equipment Costs Restaurant POS System Costs Ready?

License 370

License Equipment POS Food Supply 370

7 Shifts

MAY 31, 2021

For a restaurant to operate efficiently, it needs to be stocked up with the right amount of inventory – however, it can't be so stocked up that food waste becomes an issue. What about when the server enters the wrong order in the POS and doesn't realize it until they get to the table? Reduce Food Waste. Scheduling.

Operations 363

Operations Inventory Hiring Customer Service 363

7 Shifts

AUGUST 19, 2020

Pandemic or otherwise, staff turnover eats into your profitability and wastes a considerable amount of managers’ time. While you can’t watch over everybody’s shoulder while they figure things out, keeping documents by your POS systems will significantly speed up training and reduce costly errors.

Training 370

Training Kitchen Safety Customer Service Food Safety 370

7 Shifts

FEBRUARY 8, 2024

You can even share important documents, like updated policies or tax forms. An extension for restaurants using Toast POS, this feature of the popular restaurant management platform is actually for your guests as much as it is for you. Toast Order & Pay Restaurants across the country continue to struggle with staffing.

Management 367

Management Management Operations Mobile Ordering 367

7 Shifts

NOVEMBER 16, 2020

This meant a lot of time wasted through email threads discussing time off or vacation, finding shift replacements, and updating clunky spreadsheets to share out with their team. Making custom POS integrations easy ?? We used all of the documentation from [the 7shifts] database to basically tell us how to do it.

Email Marketing 370

Email Marketing Franchise Franchising 2017 370

Lavu

APRIL 25, 2025

Data Insights : Tools like Lavu ‘s POS system help track inventory, reduce waste, and identify cost-saving opportunities. Efficient Use : Streamlining garnishes and repurposing ingredients across dishes minimizes waste. They also pre-measured ingredients to reduce waste.

Seasonal Menu 78

Seasonal Menu Waste Food Inventory 78

7 Shifts

FEBRUARY 8, 2024

You can even share important documents, like updated policies or tax forms. An extension for restaurants using Toast POS, this feature of the popular restaurant management platform is actually for your guests as much as it is for you. Toast Order & Pay Restaurants across the country continue to struggle with staffing.

Management 352

Management Management Operations Mobile Ordering 352

Paper Chase Accountancy

JULY 2, 2025

Making Smarter Business Decisions with Monthly Data Your financial statements are more than just compliance documents; they are a narrative of your business’s performance. It’s also vital for verifying deposits from your POS system. At the month, reconcile your POS reports with your bank deposits.

Cash Management 82

Cash Management Tip Distribution Point of Sale POS 82

Modern Restaurant Management

APRIL 14, 2020

To qualify for the PPP, restaurants are required to provide business information, payroll and verification documents, owner information, and then electronically sign the application forms. Qu responded by bundling its enterprise cloud POS into an all-digital, online-only ordering package called OrderUP.

Online Ordering 530

Online Ordering Back of House Small Business Customer Service 530

The Restaurant Group

APRIL 18, 2025

A restaurant accountants responsibilities typically include tasks such as recording transactions in the general ledgerthe master document for capturing financial transactions. Inventory Management Effective inventory management helps reduce waste and control costs. Your accountant will send you virtual hugs for this one!

Management 78

Management Management Cash Management Inventory 78

ChowNow

JULY 17, 2024

Additionally, clear, well-documented SOPs are helpful resources for onboarding new employees. Tracking: Use an inventory management system, like MarketMan, to monitor stock levels, track expiration dates, and reduce waste. This includes POS systems, online ordering platforms, and software for reservations, scheduling, and accounting.

Operations 195

Operations Kitchen Safety Front of House Food Safety 195

Modern Restaurant Management

MARCH 11, 2020

Focused on empowering small- and medium-sized businesses (SMBs) by providing enterprise-level solutions at affordable prices, the SpotOn ecosystem goes way beyond traditional payment processing and point-of-sale (POS) software. Their solution replaces antiquated, time consuming and error-prone processes with easy-to-use technology.

Bar 386

Bar Cash Management Loyalty Program Point of Sale 386

Lavu

FEBRUARY 2, 2024

In the face of a staggering global issue, restaurants must proactively avoid food waste. billion tons of food are wasted annually across the globe. Restaurants, a big part of this challenge, can substantially impact by adopting sustainable practices and reducing their contribution to food waste.

Waste 78

Waste Food Compost Restaurant Law 78

7 Shifts

JULY 20, 2024

By analyzing these reports, you can optimize pricing, control restaurant costs , reduce waste, and improve overall profitability. It helps you see which ingredients are being used frequently so you can maintain the right amount of stock on hand, reducing waste and spoilage.

2024 221

2024 Cash Management Inventory Waste 221

Restaurant365

SEPTEMBER 10, 2021

The data from inventory management can help you place more accurate orders, calculate exact food costs, make informed menu changes, and address potential sources of food waste. Use an inventory management system that integrates with your POS system. Your POS data can help streamline a large part of inventory management.

Inventory 138

Inventory Management Management Point of Sale 138

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. It also gets rid of those frustrating sticky notes all over your POS. It integrates with your POS system and other restaurant tools to keep track of your stock and let you know when you’re running low.

Management 195

Management Management Email Marketing Point of Sale 195

Restaurant365

AUGUST 19, 2021

Every time your restaurant buys, counts, transfers, or wastes inventory, it must be entered as a journal entry in your accounting general ledger. If your inventory goes to waste, or it spoils before it is sold, it is an expense that directly impacts your bottom line. So, inventory has an important place in your restaurant accounting.

Inventory 147

Inventory Management Management Employee Relations 147

7 Shifts

MAY 23, 2024

Improving your restaurant operations to succeed in this highly competitive industry means serving quality food and providing excellent customer service while minimizing waste, reducing costs, and keeping your employees engaged. The best way to do this is using a POS system with an integrated inventory management feature.

Operations 221

Operations Kitchen Safety Food Safety Restaurant Law 221

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. Square POS App. Square is one of several options for a restaurant POS and payments software. Try 7shifts for Free.

Management 195

Management Management Operations Point of Sale 195

7 Shifts

AUGUST 18, 2024

This document will outline your bar's concept, menu, marketing strategy, and financial projections. Sorting Out Paperwork and Licensing Below is a breakdown of the licenses and documentation you'll need: Business license : The cost of registering your business will vary by state and includes a registration and filing fee.

Bar 370

Bar License Email Marketing Customer Service 370

Focus POS

JUNE 17, 2019

What is restaurant point of sale (POS) software? If you want to improve these areas and add functionality, or if your current system isn’t performing as well as it should, it’s time to make the switch to a new POS system. Generic POS systems may not have all of the features and capabilities that a restaurant needs.

Point of Sale 113

Point of Sale Cash Management POS Mobile Ordering 113

Restaurant365

DECEMBER 11, 2020

This way, you can take immediate action on issues like incorrect portions or food waste (explored below). Once the menu items in your Point of Sale (POS) system are mapped to recipe costing, you are set to evaluate your food costs and food waste, explored in the next section. With additional tools like a food.

2021 136

2021 Cash Management Management Management 136

7 Shifts

JULY 13, 2023

This causes managers to waste time running to the bank to restock cash for employee tip outs, and employees have to wait days or weeks to receive their earnings with potential real-life consequences for those with tipped minimum wages whose income depends on tips. Learn more 5.

Cash Management 195

Cash Management Back of House Training Management 195

Restaurant365

MARCH 10, 2020

If it’s not on the shelf, it can’t be stolen, spoiled or wasted. So, the key to minimizing food waste that can eat into your profits is effective restaurant inventory management. The better and more streamlined your inventory control , the less food waste in your kitchen and the more money added to your bottom line.

Inventory 103

Inventory Management Management Waste 103

Restaurant365

NOVEMBER 18, 2021

You receive time in your Point of Sale (POS) system. Thus, your labor costs are spread out between your scheduling, POS, and payroll software. To stay compliant across all your locations, you must track your data accurately, document it consistently, and apply the correct regulations to different employees.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

Paper Chase Accountancy

MAY 30, 2025

Without a clear financial picture, owners are essentially flying blind, unable to identify areas of waste, optimize pricing, or make strategic investments. Vendor Disputes: Without proper documentation of invoices and payments, disputes with suppliers can escalate, damaging relationships and potentially disrupting supply chains.

Bar 52

Bar Cash Management Point of Sale Back of House 52

The Restaurant Times

JANUARY 13, 2022

A survey conducted by Too Good To Go indicates that more than 1/3rd of the bakery output in the UK ends up being wasted. This is where it is recommended to start a waste-free bakery. Research by Too Good To Go states that around 50% of the UK bakeries have a documented plan in place to reduce food waste.

Waste 52

Waste Kitchen Safety Equipment Social Media 52

BNG Point of Sale

NOVEMBER 12, 2021

5 W ays a POS S ystem I ncreases R evenue. Some key tools will help you achieve optimal efficiency and insights, such as a point-of-sale (POS) system. . What is a Point-of-Sale ( POS ) System? A digital POS system takes a traditional cash register to the next level. A POS system can track: .

POS 52

POS Point of Sale Cash Management Loyalty Program 52

The Restaurant Times

DECEMBER 30, 2020

One of the best ways to maintain your restaurant inventory is to have an integrated recipe management feature in the POS software. Based on the number of orders placed in the POS for a particular item, you can keep track of raw ingredient consumption. For this, define a standard recipe for each item.

Inventory 98

Inventory Cash Management Food Food Order 98

BNG Point of Sale

NOVEMBER 19, 2021

A point-of-sale (POS) system is more than just a way to ring up customers. A POS can effectively integrate with other key business processes, make operations more efficient and act as the backbone of your business. A POS can bring all aspects of your business together with its integration features. What is a POS System?

POS 52

POS Operations Loyalty Program Point of Sale 52

Restaurant365

JULY 21, 2021

How do you keep track of all these different shipments and ingredients to minimize food waste, ensure you are prepared for service, and optimize what you’re spending on your ingredients? This means that for restaurant owners and operators, the budget you have invested in product can quickly go to waste if inventory control isn’t top of mind.

Inventory 78

Inventory Management Management Waste 78

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. QR code menus can reduce wasted food because it minimizes ordering miscommunication and errors. Avoid linking to PDF documents. Improve Ordering Accuracy.

Mobile Ordering 148

Mobile Ordering Social Media Customer Experience Online Ordering 148

Xtra Chef

AUGUST 12, 2020

Waste Not, Want Not. Each of the ingredients should not only have a quantity documented along with its unit of measurement, but also their exact weights. Checking your POS system, like Toast , for this information should be very simple. This will help eliminate food waste. Waste Not, Want Not. Watch Portion Sizes.

Food 120

Food Inventory Waste Food Order 120

Restaurant365

JANUARY 28, 2020

Sales forecasts , based on integrated POS data pulled from your restaurant operations software , are particularly powerful tools in the restaurant industry. First, because if it’s not on your shelf, you can’t waste it, sales forecasting can help limit food waste.

Inventory 145

Inventory Employee Relations Seasonal Menu Customer Experience 145

Restaurant365

MAY 17, 2022

Tight integration between your r estaurant inventory management software , point of sale (POS) system and restaurant accounting software is essential for executing key restaurant tasks that help control your food costs. Why a POS system is not suitable for inventory management. The POS system doesn’t do analysis.

Inventory 78

Inventory Management Management Food 78

Sling

MAY 9, 2023

On the digital side of things, RO security may involve installing firewalls and password protection on POS stations and other computers to prevent unauthorized individuals from gaining access to proprietary data. You may need to upgrade your POS system to speed up the customer payment process.

Operations 78

Operations Loyalty Program Food Safety Front of House 78