Restaurant365

DECEMBER 2, 2019

The restaurant industry never stops moving, and your success depends on how you manage all of the moving pieces. Running a restaurant requires a strong management system to help you maximize efficiency, improve your profitability, and grow in the future. managing employees. Having anytime, anywhere access.

Management 97

Management Management Point of Sale Inventory 97

Focus POS

JANUARY 15, 2020

Tighter inventory control. Integrated solutions like kitchen management systems, marketing tools, and loyalty programs should also be considered when calculating ROI, since these boost sales and efficiency. Lastly, if you can manage your system remotely with central cloud-based reporting, you save additional time and resources.

POS 151

POS Front of House Loyalty Program Inventory 151

Focus POS

MAY 28, 2020

Download Now: Pandemic Preparedness Guide for Restaurants. Delivery management: Many customers are opting for delivery over curbside pickup and drive-thru. Mis -managed delivery functions can turn into a huge cost center. The two biggest cost centers for restaurants are labor and inventory. . inventory ?

Online Ordering 129

Online Ordering Inventory Cash Management Download 129

Restaurant365

MAY 26, 2020

To calculate your CoGS totaled during a given period, you can use the following formula: Beginning Inventory + Additional Purchases Made During the Period — Ending Inventory = CoGS. As you reopen your dining room, it is more important than ever to stay on top of your inventory management. Dial in your Cost of Goods Sold.

Point of Sale 148

Point of Sale Employee Relations Inventory Waste 148

Modern Restaurant Management

FEBRUARY 3, 2022

Seventy-four percent of full service restaurants (FSRs) managed to maintain or increase their sales during the pandemic; however, profit margins in 2021 declined to 10 percent, compared to 12 percent in 2019, according to third annual State of Full Service Restaurants Report released by TouchBistro.

Loyalty Program 168

Loyalty Program Online Ordering Cash Management Point of Sale 168

Smart Systems Pro

APRIL 3, 2019

A restaurant management plan is your written strategy for how to get your restaurant to where you want it. This restaurant management plan is a tool that translates ideas (I should or I’ll try to) into action (I am). Benefits of a restaurant management plan. New ideas have very little value unless they are put into action.

Management 72

Management Management Cash Management Front of House 72

Lavu

DECEMBER 20, 2019

A food cost calculator is an essential tool for you to manage your restaurant business. You can keep accurate track of inventory and manage the. Tracking food costs lets you see how much money you lose due to waste or theft. You can download that spreadsheet here: [link]. Your waste. your profitability.

Food 78

Food Waste Inventory Point of Sale 78

Margin Edge

FEBRUARY 24, 2022

As a refresher, COGS = beginning inventory + purchased inventory – ending inventory. When you purchase fish for sushi, oftentimes you need to trim the fish or other ingredients (meaning there’s going to be some waste) before the product makes it onto a plate. What Are COGS & Why They Matter. Take sushi vs beer.

Inventory 82

Inventory Point of Sale Waste Cash Management 82

Hot Schedules

NOVEMBER 26, 2019

They take the form of wasted time, effort and cash, and cause havoc and frustration for your employees and guests alike. Plus, manual back-ups and lost information, buried notices and wasted paper. . The Busywork Beast has the power to trap your managers in its Back-office Lair. Download our free eBook. SAVE THE DAY!

Cash Management 78

Cash Management Allergens Front of House Back of House 78

BNG Point of Sale

JULY 15, 2018

Well, a point-of-sale system is necessary when it comes to maintaining the operations of your business, but they also prevent theft, limit food waste, and help you make smarter ordering decisions. POS systems prevent waste. Even ordering lots of cheap ingredients in bulk doesn’t matter if you’re losing 60% to waste. Curious how?

Point of Sale 66

Point of Sale Waste POS Cash Management 66

Focus POS

DECEMBER 4, 2020

Most restaurant owners and managers are not technology experts, ruling out clunky systems that are difficult to use. An online ordering solution that improves efficiency should be intuitive, allowing restaurant managers to update menu items and prices easily. Can it help generate additional revenue?

Online Ordering 146

Online Ordering Ordering Mobile Ordering Point of Sale 146

Tableo

JUNE 30, 2023

The correct tools can completely change how you manage your organisation, from streamlining operations to improving client experiences. POS (Point of Sale) system Streamlined order management With the aid of a POS system, your workers can accept orders easily and communicate them to the kitchen without any delays.

Mobile Ordering 40

Mobile Ordering Online Ordering Website Management Restaurant Law 40

Tableo

JUNE 28, 2023

Understanding and managing your prime cost properly, will help you retain profitability and make wise business decisions. Update your inventory frequently to account for variations in stock levels. Regularly conduct inventory audits Performing regular inventory audits ensures accuracy in calculating food costs.

Audits 40

Audits Inventory Reference Download 40

Restaurant365

FEBRUARY 6, 2020

Add the unique features of the restaurant industry, from short-lived inventory to payroll including wages and tips, and bookkeeping becomes a fast-changing, time-consuming challenge. However, being able to easily access sales, inventory, and labor data allows you to quickly make informed decisions. Step 2: Streamline Accounts Payable.

Point of Sale 138

Point of Sale Inventory POS Cash Management 138

Apicbase

NOVEMBER 16, 2023

Chris Conaghan, operational development manager, explains how they combine the essence of traditional hospitality, leaning on talented staff, with the speed, precision and efficiency of a digital-first approach. Chris Conaghan, Operational Development Manager Challenges Providing support to a growing number of franchisees.

Franchise 52

Franchise Franchising 2008 Mobile Ordering 52

Apicbase

NOVEMBER 16, 2023

Chris Conaghan, operational development manager, explains how they combine the essence of traditional hospitality, leaning on talented staff, with the speed, precision and efficiency of a digital-first approach. Chris Conaghan, Operational Development Manager Challenges Providing support to a growing number of franchisees.

Franchise 52

Franchise Franchising 2008 Mobile Ordering 52

Hot Schedules

JANUARY 8, 2020

They take the form of wasted time, effort and cash, and cause havoc and frustration for your employees and guests alike. The right inventory management solution can show him who the sheriff is in town. Download our free eBook to see how your managers can defeat back-office villains, and lead your restaurant to victory.

Cash Management 78

Cash Management Allergens Employee Relations Download 78

Smart Systems Pro

APRIL 3, 2019

A restaurant management plan is your written strategy for how to get your restaurant to where you want it. This restaurant management plan is a tool that translates ideas (I should or I’ll try to) into action (I am). Benefits of a restaurant management plan. New ideas have very little value unless they are put into action.

Management 40

Management Management Cash Management Front of House 40

Restaurant365

NOVEMBER 19, 2019

To prepare for the new year, restaurant owners, operators, and managers need to start planning now. New training methods focus on thorough cross-training, an emphasis on company mission and values, and solid management team structures. Managing complex, rotating inventory. Finding and training staff.

Operations 92

Operations 2020 Mobile Ordering Social Media 92

7 Shifts

FEBRUARY 8, 2024

Restaurants turned to restaurant management apps to navigate this change, and it appears there’s no going back. 7shifts Most managers are familiar (and frustrated) with traditional paper scheduling techniques. 7shifts Most managers are familiar (and frustrated) with traditional paper scheduling techniques.

Operations 367

Operations Management Management Mobile Ordering 367

Restaurant365

OCTOBER 23, 2019

It’s important to note that COGS doesn’t include one-time, non-inventory-related costs, like repairs for a broken oven, new barstools, restaurant decorations, or utility bills. Significantly, prime cost is made up of the areas that can be controlled by restaurant owners and restaurant management. Comparing Prime Cost.

Point of Sale 74

Point of Sale Inventory Employee Relations Insurance 74

7 Shifts

FEBRUARY 8, 2024

Restaurants turned to restaurant management apps to navigate this change, and it appears there’s no going back. 7shifts Most managers are familiar (and frustrated) with traditional paper scheduling techniques. 7shifts Most managers are familiar (and frustrated) with traditional paper scheduling techniques.

Operations 352

Operations Management Management Mobile Ordering 352

Restaurant365

FEBRUARY 19, 2020

For example, restaurants tend to have a large, fast-changing inventory with a limited shelf life, which affects food cost calculations. In order to meet slim margins, restaurant accounting needs to meet high standards for accurate labor and inventory metrics. The restaurant industry has unique qualities and business structures.

Point of Sale 120

Point of Sale Cash Management Inventory Consumer Goods 120

Marketman

DECEMBER 9, 2019

The following list entails 9 ways MarketMan can help you to effectively manage your restaurant, control inventory, and allow your restaurant to thrive with the best restaurant management software available on the market today. Reason #1: Restaurant Vendor Management Solution. So how do we manage that?By

Inventory 52

Inventory Seasonal Menu Communication Download 52

Touch Bistro

JUNE 22, 2021

A study by Penn State’s School of Hospitality Management found that people would be willing to pay 18% more for local ingredients. Control Inventory. Using inventory management software can help you reduce restaurant operating expenses and costs in a number of ways. . Get Our Inventory Restaurant Template.

Operations 52

Operations Food Supply Inventory Employee Relations 52

The Restaurant Expert

JANUARY 17, 2019

The other is a waste sheet. The waste sheet simply tracks waste in the kitchen. When an ingredient or item is double ordered, over cooked, spoils or just can’t be used any longer for any reason, it MUST be recorded on the waste sheet. The waste sheet shows you where there are problems. Download it here.

Food 54

Food Waste Front of House Download 54

7 Shifts

MARCH 10, 2022

Restaurant technology has revolutionized the way that restaurants are managed - replacing arduous and tedious task management with efficiency, automation, and clarity. In 2022, there aren't many areas in restaurant management that can't be made better with technology. Top Restaurant Management Apps. Try 7shifts for Free.

Management 195

Management Management Operations Point of Sale 195

The Restaurant Expert

MARCH 8, 2019

This will have the same effect as wasted or stolen products, depleted inventory with higher food cost. If you void food sales that have been delivered to the guest, rather than comp them, and the sales amount does not show up in gross food sales, it will look like the kitchen manager or chef isn’t controlling costs.

Coupons 58

Coupons Waste Download Inventory 58

Xtra Chef

DECEMBER 2, 2020

Restaurant inventory management with Excel takes too time and can lose you money. Inventory management with Excel in restaurants is a common food cost control method that helps you order the right amount of food at the right time to minimize waste, reduce food costs, and maximize profits.

Inventory 91

Inventory Management Management Cash Management 91

7 Shifts

MAY 31, 2021

For example, kitchen managers rely on software to let them know how much expected inventory they have in stock. Inventory was ordered based on par levels, which are set based on sales forecasts, which are in turn determined by how many guests you'll serve and what they'll order. Operations Management.

Operations 363

Operations Inventory Hiring Customer Service 363

Restaurant Clicks

JANUARY 3, 2019

Check out the free marketing plan template download here. So let’s stop wasting money on things we can’t track for ROI. Most restaurants outsource linens, food delivery, liquor inventory management, overnight commercial cleaning services , and so on. Goals – Have a Purpose. Newspaper = dead.

2019 61

2019 Marketing Email Marketing Social Media 61

Focus POS

AUGUST 26, 2020

It’s more crucial now than ever to manage pour costs effectively. . Your inventory is your largest asset. Keep track of every single dollar you spend on your inventory, and make sure you always know how much of each product is on hand at all times. Download our free book: 6 Ways to Future-Proof Your Restaurant.

Management 128

Management Management Bar Inventory 128

Margin Edge

OCTOBER 19, 2021

Wasting food in and of itself isn’t a cardinal sin (unless you ask our mothers), but the degree of variance between what you use and what you sell can get you in trouble with your bottom line. There are two main ways you can calculate the variance: manually or with a back-office integration tool like a restaurant management system (RMS).

Waste 75

Waste Food Inventory POS 75

Apicbase

JANUARY 13, 2023

With smart food ordering — meaning leveraging tech for inventory management and vendor selection — operators can cut down on food waste by 80%. For 62% of restaurants , automation could help fill critical gaps in managing orders. Accurate and timely inventory control can boost restaurant profits by 24% annually.

2023 52

2023 Operations Management Management 52

Apicbase

FEBRUARY 6, 2023

Successful ghost kitchens lean heavily on integrated technology systems to accept online orders, process payments, and manage back-end operations. This post outlines the different types of cloud kitchen management software you need to knock your delivery-only restaurant out of the park.

Delivery 52

Delivery Management Management Online Ordering 52

Apicbase

MARCH 28, 2024

Kitchen management software comes in all shapes and sizes. The F&B director works with the order forms, the COO analyses the profit and loss statements, the inventory manager checks the stock counts, the executive chef works in the recipes database and so on. In this post, we’ll help you narrow down the options.

Management 52

Management Management Point of Sale Kitchen Safety 52

Hot Schedules

OCTOBER 28, 2019

As you work to increase your profitability, two areas to explore are recipe and menu engineering, and purchasing and inventory optimization. Look at technology that can help you manage the process. One of the biggest challenges with recipe and menu engineering is trying to manage it using tools like Excel. Menu Engineering.

Inventory 60

Inventory Menu White Paper Waste 60