Modern Restaurant Management

MAY 2, 2022

Soaring prices, continued supply chain disruptions, and ongoing staffing shortages are creating a perfect storm for restaurants. With prices skyrocketing, restaurants should focus on eliminating food waste. Use tech tools that can document, organize, and centrally store data for each supplier.

Food Safety 546

Food Safety Food Supply Waste Sustainability 546

7 Shifts

NOVEMBER 22, 2021

Industry Analysis : Document the size and trends in the restaurant industry to show readers you are an industry expert. Competitive Analysis : document local competitors and show how you will be able to carve out a niche in your market. Marketing Plan : detail your pricing structure (e.g., Getting Your Restaurant Business Loan.

Document 393

Document Cash Management Small Business Take-out 393

7 Shifts

JUNE 29, 2022

The FTC Rule largely pertains to franchisors supplying prospective franchisees with a franchise disclosure document – a document from franchisors providing 23 key information points to franchisees regarding need-to-know information about the business. These points include: Initial fees. Trademark rules. Franchisee's obligations.

Franchising 370

Franchising Franchise Restaurant Law Document 370

Modern Restaurant Management

MARCH 20, 2023

Balance Sheet This document provides insight into the current state of your finances (up to a specific date). Income statement (P/L statement) This document shows restaurant owners how much they’ve made versus their losses, so they can determine whether their ROI was sufficient to balance their spending.

Cash Management 488

Cash Management Point of Sale Consumer Goods Sourcing 488

EATER

MAY 27, 2025

The trips were also a content-creating opportunity for Nguyn, who documented them in long-form YouTube videos. She admits that even with the seemingly high-price tags, the trips arent lucrative for her, once she pays the tour company, her team, and a videographer. Nguyn found that Trova Trip, which is based in the U.S.,

Food 236

Food Travel 2023 Social Media 236

Modern Restaurant Management

JUNE 10, 2021

The hotelier’s loss of the digital guest relationship is well documented and a cautionary tale for any restaurant brand that does not envision a future where marketing budgets are dominated by campaigns to win back the guest.

Airlines 493

Airlines Consumer Goods Point of Sale Hotels 493

Modern Restaurant Management

MAY 31, 2022

Restaurants should consider what reports they can pull from a potential POS system and research other software prices and features. CoGS and P&L documents are essential for any restaurant or business. To stay profitable, restaurants must determine their cost of goods sold (CoGS).

Point of Sale 491

Point of Sale Download POS Customer Experience 491

The Rail

MAY 12, 2025

Remember, location influences customer flow, staff retention, and menu pricing. Make sure you apply for all necessary documents well in advance, from business licenses to food handler permits to alcohol service approvals. Consider a countdown to reopening, behind-the-scenes photos, or videos documenting the move.

License 130

License Uniforms Social Media Customer Experience 130

7 Shifts

OCTOBER 31, 2022

You'll have a document to reference during the planning or opening of your restaurant. A restaurant business plan is a document that outlines the various aspects of your restaurant business. But give an idea of some dishes or drinks with projected price points. Section 5: Operations Plan. Section 6: Financials. Other Resources.

Point of Sale 397

Point of Sale Back of House Document Download 397

7 Shifts

MARCH 31, 2021

It’s also a vital document that helps businesses qualify for better loans. Determine how you’ll price your products. If you’re offering it at lower prices, be sure that you’re not sacrificing the quality of your food. Not only must you invest time and effort, but you’ll also need to secure a significant amount of capital.

Cash Management 370

Cash Management Customer Experience Document Customer Service 370

Modern Restaurant Management

MAY 21, 2021

Research from Harvard Business Review and other trusted institutions have all documented the importance of developing strong emotional bonds with your customers. An in-depth market analysis will allow you to learn how to connect with your target audience in order to boost consumer loyalty and develop an effective pricing strategy.

Social Media 508

Social Media Customer Experience Email Marketing Online Ordering 508

Modern Restaurant Management

SEPTEMBER 28, 2022

QR codes take advantage of the ubiquitousness of smartphones, which can digitally read these barcodes to grant users quick access to information for making calls, sending messages and opening websites or documents. These easy-to-scan codes allow users to view the code’s contents immediately or click on an external link upon scanning.

Online Ordering 488

Online Ordering Food Supply Social Media Food Order 488

7 Shifts

SEPTEMBER 16, 2021

Whichever way you go, remember that for every new restaurant you open, you'll need to conduct any necessary market research and document your planning process with a business plan and a feasibility study. Restaurant communication tools make it possible for you to share important documents with any or all of your employees from the locations.

Management 370

Management Management Document Hiring 370

Modern Restaurant Management

AUGUST 26, 2024

Filters can help users find what they're looking for, along with product descriptions and prices. This aspect is essential for maintaining profitability while offering competitive prices. Payment choices : Mobile ordering and payment options facilitate contact-free delivery. Delivery adds a new revenue stream to your restaurant.

Delivery 448

Delivery Online Ordering Mobile Ordering Customer Service 448

Modern Restaurant Management

MAY 2, 2023

For example, if you notice that all of the ingredients in your kale salad have suddenly gone up, it might be time to consider raising some of your menu prices. Permits and Documentation Every restaurant is required to display various sorts of permits and documentation. Are you up-to-date?

Audits 282

Audits Point of Sale Document Food Safety 282

Modern Restaurant Management

SEPTEMBER 19, 2023

However, the impact that AI is already having on the food industry is without parallel, helping to lower food prices, increase the availability of certain products or ingredients, and prevent supply chain shortages. This offsets rising food prices and also prevents environmental problems caused when too much food is dumped into landfills.

Food Supply 322

Food Supply Food Waste Supplies 322

Modern Restaurant Management

SEPTEMBER 23, 2024

But many owners are understandably intimidated by the unpredictability of the legal industry’s ubiquitous billable hour pricing model. And because restaurant owners are so busy, they often gloss over these documents without considering the potential impact on their business.

Restaurant Law 390

Restaurant Law Hiring Document Customer Service 390

Modern Restaurant Management

OCTOBER 2, 2023

Invoices need to be up to date to calculate inventory purchased and unit pricing, inventories need to be recent for accurate food usage amounts, recipes need to have correct ingredient amounts, and POS data needs to be up to date for calculating plates/units sold. The most important part is ensuring data is recent and accurate.

Waste 466

Waste Technology Food Inventory 466

Modern Restaurant Management

DECEMBER 1, 2021

Global and domestic supply chains are more complex and interdependent than ever, and while they offer consumer benefits like more choices, lower prices, and the year-round availability of many food items that were once only seasonal, the increasing number of moving pieces also adds more risk for product quality and food safety failures.

Management 491

Management Management Food Supply Food Safety 491

Modern Restaurant Management

AUGUST 10, 2021

This compares to Brand drug pricing that has increased 36 percent in the last five years. This document should specify discounts on each type of drug category – generic, brand named and specialty drugs, and their associated rebates. Of even greater concern, specialty drug spending is increasing 10 to 15 percent annually.

Management 450

Management Management Cash Management Healthcare 450

Goliath Consulting

MAY 23, 2020

As we move forward, menu strategies new and old will converge as we adapt to the right mix of price points, value, menu items and differentiation that will appeal to consumers. This document is a guide to developing a competitive menu that will excite guests and allow you to grow your revenue.

Menu 380

Menu Document 2021 Presentation 380

7 Shifts

AUGUST 18, 2024

Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. Improve Employee Retention The high-turnover rates are well-documented in the restaurant industry, with these rates exceeding 70% in 2016. Why is Food Cost Important? or 30% ($1,50/$5.00*100).

License 370

License Equipment POS Food Supply 370

EATER

JANUARY 9, 2025

Unable to find any documentation of a warranty or even remember where Id bought it, I chucked the busted air fryer into the trash and pulled up the Amazon app on my phone to search for a new one. About halfway through my salmons cooking time, I heard the fan on my cheap Dash air fryer completely give out. I did not like what I saw.

Back of House 260

Back of House Design Innovation Food Order 260

Modern Restaurant Management

OCTOBER 19, 2023

Just as challenging is keeping on top of federally mandated franchise disclosures contained in the Franchise Disclosure Documents (FDD). Either way, both franchisors and franchisees alike need to be aware of the nuances that can be unclear, especially in the FDD, which is a complex document. And there’s a lot of value to that.

Insurance 251

Insurance Franchising Franchise Document 251

ChowNow

MARCH 14, 2025

This means budgeting, tracking expenses like food and labor, and adjusting pricing to balance profitability with customer appeal. Adjust pricing strategicallymenu engineering can help showcase high-margin items while minimizing reliance on low-profit dishes. Train all staff on SOPs and reinforce them regularly.

Operations 195

Operations Management Management Front of House 195

Modern Restaurant Management

MARCH 18, 2022

While the success of these programs in more traditional industries is well documented, we were uncomfortable whether a restaurant workforce would engage with the services: would this type of workforce appreciate assistance in navigating the realm of medical care?

Insurance 447

Insurance Healthcare Book Recruiting 447

7 Shifts

NOVEMBER 15, 2024

Strong relationships with vendors help you land the best pricing and priority delivery, especially for high-demand items. Another factor to consider is pricing. They may talk about how they documented the problem, followed up with the team members, and made the call to retain or let go of the staff.

Bar 195

Bar Management Management Hiring 195

7 Shifts

SEPTEMBER 16, 2024

No matter the cause, selling a restaurant requires careful preparation and strategy to ensure you get the best price and attract the right buyer. If your business is priced too high, buyers may overlook it. These documents provide insight into how well your restaurant has performed financially.

2024 195

2024 Document Cash Management Point of Sale 195

Modern Restaurant Management

AUGUST 14, 2023

Remember the four P’s: Product Price Place Promotion These factors should inform your restaurant branding vibe and personality. A brand book is a handy document that provides guidelines for using your brand identity across various platforms. This might sound daunting, but it’s not.

Social Media 419

Social Media Book Customer Experience Design 419

EATER

SEPTEMBER 30, 2024

With all the challenges restaurants have faced in the past five years — COVID, inflation, price gouging — the impact of climate change on their supply chains has often been overlooked. They also cause power outages and disrupt transportation and distribution, which increases the price of all goods, including food.

Food Supply 306

Food Supply Pricing Agriculture Supplies 306

Lavu

MARCH 17, 2025

With rising ingredient prices and tight profit margins, understanding the food cost formula can make the difference between financial success and failure. By accurately calculating food costs, restaurant owners can set the right menu prices, reduce waste, and maximize their profits. Whole Wheat Bun $0.30 Avocado(1/4) $1.20 0.30 = $17.17

Food 78

Food Waste Seasonal Menu Inventory 78

Perfect Daily Grind

JUNE 5, 2025

Scoring dictates the prices producers receive, reaffirming the widely held belief that the value of coffee is more than just a numerical rating. However, the idea that cup scores are the most objective way to assess coffee quality and, therefore, determine its price is inherently flawed. Pointwashing often happens passively.

Pricing 84

Pricing Supplies Consumer Goods Influencer 84

Lavu

MAY 9, 2025

Document hardware condition and shipping details. Hardware Costs : Full price if canceled early. Hardware Costs : Full price if canceled early. Pro Tip: How to Cancel Toast POS Contract Without Business Disruption To reduce fees, negotiate if Toast raises prices unexpectedly.

POS 78

POS 2025 Equipment Customer Service 78

7 Shifts

AUGUST 16, 2021

Pre-shift meetings cover a variety of topics like menu and pricing changes , sales updates, shift changes, and upcoming events that your team needs to be aligned on. This can be on a sheet of paper, on a digital document, or on a whiteboard. You don't have to memorize everything you want to say—nor should you try to.

Front of House 397

Front of House Back of House Coaching Customer Service 397

7 Shifts

APRIL 25, 2022

When menu engineering, you'll get an easily digestible visualization of which menu items are most beneficial to your restaurant, which ones need their prices raised/costs dropped, and which ones should be discontinued in favor of a different menu. Keep on the pulse of employee engagement.

Operations 370

Operations Point of Sale Inventory Restaurant Law 370

EATER

SEPTEMBER 30, 2020

A key component of gentrification, which distinguishes it from revitalization, is the demographic shift that happens when newer, more expensive development attracts wealthier newcomers, often young professionals, who then price out the community’s original residents. and 1 is indicative of a strong correlation. By 2013, there were 13.

2010 363

2010 2013 Back of House Small Business 363

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. You’ll get detailed daily reports on price changes and even price forecasting. You can then use this information to adjust your menu, make purchasing decisions, or change your pricing.

Management 397

Management Management Email Marketing Reservations 397