7 Shifts

SEPTEMBER 16, 2021

There'll be new branding, a new staff, different inventory, and updated forecasting involved. Whether you’re managing multiple restaurants right now or are thinking about expanding your current business , this guide has everything you need to run more than one restaurant at once with success. Table of Contents. New Concept or Replicate?

Management 370

Management Management Document Hiring 370

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 194

Loyalty Program Online Ordering Cash Management Point of Sale 194

Restaurant365

MAY 26, 2020

If your restaurant is emerging from survival mode to a break-even point or even slight profitability, it is important to reevaluate and tune up the largest expense for your restaurant: your restaurant prime cost. As you reopen your dining room, it is more important than ever to stay on top of your inventory management.

Point of Sale 148

Point of Sale Employee Relations Inventory Waste 148

Lavu

NOVEMBER 10, 2022

A modern restaurant point-of-sale (POS) system now offers many automation tools that make it easier to operate more efficiently and effectively. . #1) Related: Kitchen Display Systems: How Your Restaurant Can Benefit #3) Inventory Management System Tracking inventory at your restaurant can be tedious.

Employee Relations 78

Employee Relations Inventory Fast Casual Point of Sale 78

7 Shifts

APRIL 3, 2020

Comparing 7shifts’ internal data of 10,000+ restaurants, restaurants are seeing an average weekly decrease in sales of 50% across the board in North America. Download all the data from your restaurant POS or back-office management platform to get a sense of how your restaurant is operating today.

BOH 368

BOH POS Influencer Point of Sale 368

7 Shifts

JULY 21, 2020

Download a copy of the PPP borrower application form and submit it to your desired lender. Whether your restaurant needs to finance payroll, inventory, or a new electric skillet, these loans can make it happen in a jiffy. Every industry is feeling the impact of COVID-19, but restaurants face some of the most difficult challenges.

Cash Management 300

Cash Management Government Small Business Healthcare 300

Lavu

DECEMBER 12, 2022

List all the cash that’s going out each week and each month, including: Rent, loans, or mortgage payments Food and drink ingredients Labor costs Supplies An essential tool for monitoring cash coming in and out of your business is a point-of-sale (POS) system. Learn More: Learn How to Make Accurate Restaurant Sales Forecasts 3.

Cash Management 78

Cash Management Management Management Point of Sale 78

Lavu

DECEMBER 12, 2022

If you’re looking for an affordable and simple way to process sales at your business, you can find everything you need in an iPad POS system. This guide will help you get the information you need to make an informed decision as you choose the right iPad point-of-sale system for your business.

POS 60

POS Point of Sale Mobile Ordering Cash Management 60

Lavu

NOVEMBER 18, 2022

For tips on creating your menu, download Lavu’s free guide: How to Create a Successful Restaurant Menu. An idea to open a pizzeria is just an idea until you put your plan on paper. If you’re ready to turn your dream of opening a pizza restaurant into a reality, here is an example of a pizza business plan to help you get started.

Loyalty Program 78

Loyalty Program Download Document Point of Sale 78

BNG Point of Sale

OCTOBER 13, 2021

The Advantage of a Point-of-Sale (POS) System for a Convenience Store. You can satisfy customers and make more sales with an upgraded POS. The sophisticated and detailed sales reports generated by a POS system are its main advantage over a cash box or a cash register. Benefits of a POS System for Your Convenience Store.

POS 52

POS Point of Sale Cash Management Loyalty Program 52

Bingage

APRIL 14, 2021

We all are aware that, Restaurant business owners are now adopting effective solutions that can automate operational work, minimise physical burden and improve business sales. Whether you need to keep track or manage stock, orders, inventory, restaurant billing, you need a Point of sale system.

POS 97

POS Loyalty Program Online Ordering Point of Sale 97

Modern Restaurant Management

JUNE 23, 2022

Technology has permeated the quick serve restaurant industry and job functions – from point of sale (POS) to complying with food safety standards. QSR workers, like everyone else, are expected to use technology on the job. And many have risen to the occasion. The Technologies Behind Modern Restaurant Work.

Food 189

Food Food Safety Front of House Fast Casual 189

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. Track Your Daily Sales.

Point of Sale 138

Point of Sale Inventory POS Cash Management 138

Restaurant365

DECEMBER 2, 2019

Most restaurants keep track of inventory, but inventory management software as part of your restaurant management system can make the process even more efficient. Most restaurants keep track of inventory, but inventory management software as part of your restaurant management system can make the process even more efficient.

Management 97

Management Management Point of Sale Inventory 97

Focus POS

DECEMBER 4, 2020

Fortunately, choosing an innovative and intuitive online ordering system that integrates with your point of sale doesn’t have to be complicated. If you’re spending more time troubleshooting issues than making sales, you need a simplified solution. Download our Free Ebook: 7 Restaurant Technologies Crucial to Business Success.

Online Ordering 146

Online Ordering Ordering Mobile Ordering Point of Sale 146

Modern Restaurant Management

MARCH 24, 2021

Two key factors are driving the problem for restaurateurs: the first is the fact that delivery has become more than just another sales channel. The point isn’t just to keep a higher percentage but also to curtail operational expenses. And that’s a “necessary evil” for accessing each one’s loyal customers.

Delivery 189

Delivery Customer Service Point of Sale Customer Experience 189

Deliverect

JANUARY 7, 2021

They also won’t need to download an app, which can be off-putting for customers, especially in grab & go restaurants and cafes where they might be in a hurry. But taking your menu online isn’t just about driving more sales – it’s also about upgrading the customer experience. What is a QR code menu? Benefits of a QR code menu.

Online Ordering 137

Online Ordering Customer Experience Point of Sale Food Order 137

Apicbase

NOVEMBER 4, 2022

The software provides various tools and features such as sales analytics reporting, inventory management, menu engineering and ingredients tracking, allowing restaurateurs to manage their resources precisely and reliably. Digitization of workflows increased especially due to the Covid-19 pandemic. 5 Key Areas For Faster ROI.

Loyalty Program 52

Loyalty Program Hospitality Point of Sale Allergens 52

Cheetah

NOVEMBER 23, 2021

The busy season is underway, and for caterers and restaurants it is the biggest opportunity in the past two years to boost sales and make a hefty profit. Most travel and social distancing restrictions have been lifted and supplier indications point to a record breaking catering season. 2021’s Massive Holiday Catering Opportunity.

Catering 148

Catering Food Supply Seasonal Menu Supplies 148

Lavu

APRIL 8, 2020

Choosing a point of sale (POS) system is one of the most important business decisions to make. The right POS system provides a powerful platform to boost sales and streamline operations. In turn, they will make your life easier. You will see improvements for customers, front of the house, the kitchen, as well as management.

POS 78

POS Loyalty Program Mobile Ordering Point of Sale 78

Izettle

FEBRUARY 25, 2021

But behind the acronyms lie incredible solutions to help you manage your business and increase your sales. If so, it’s definitely time to upgrade to new solutions and watch your sales skyrocket. EPOS stands for “Electronic Point of Sale”. The cash register held money, recorded sales transactions and gave change.

Cash Management 52

Cash Management Point of Sale POS Customer Service 52

Izettle

FEBRUARY 25, 2021

But behind the acronyms lie incredible solutions to help you manage your business and increase your sales. If so, it’s definitely time to upgrade to new solutions and watch your sales skyrocket. EPOS stands for “Electronic Point of Sale”. The cash register held money, recorded sales transactions and gave change.

Cash Management 52

Cash Management Point of Sale POS Mobile Ordering 52

Margin Edge

FEBRUARY 24, 2022

As a refresher, COGS = beginning inventory + purchased inventory – ending inventory. Purchases are separated into these different categories because the margin on sales between them can vary by quite a bit. . The cost of goods sold, or COGS, are hands down something anyone who’s run a restaurant knows about.

Inventory 82

Inventory Point of Sale Waste Fine Dining 82

Restaurant365

FEBRUARY 19, 2020

Controllable costs, like your prime cost of food and labor, fluctuate over time with vendor prices, sales, and other external factors. For example, restaurants tend to have a large, fast-changing inventory with a limited shelf life, which affects food cost calculations. Restaurant Accounting Basics and Why It Is Unique.

Point of Sale 120

Point of Sale Cash Management Inventory Consumer Goods 120

Restaurant365

OCTOBER 23, 2019

While many restaurant owners focus on increasing total sales, in order to add to your bottom line, you also need to focus on decreasing costs. COGS totaled takes into account the ingredients that make up your food andbeverage sales, and related supplies (like napkins or coffee filters). What to Include In Your Prime Cost Formula.

Point of Sale 74

Point of Sale Inventory Employee Relations Insurance 74

Lavu

DECEMBER 20, 2019

You can keep accurate track of inventory and manage the. You can download that spreadsheet here: [link]. A food cost calculator is an essential tool for you to manage your restaurant business. You can anticipate precise costs. per plate for new menu items and price each dish accordingly. overall expenses of your food service operation.

Food 78

Food Waste Inventory Point of Sale 78

Tableo

JUNE 30, 2023

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. Management of ingredients & inventory Some POS systems also allow you to track stock levels, automate restocking, and keep tabs on ingredient usage.

Mobile Ordering 40

Mobile Ordering Online Ordering Website Management Restaurant Law 40

Lavu

OCTOBER 24, 2022

It uses NFC (near field communication) technology, a radio frequency that allows a card or device to communicate wirelessly with a point-of-sale (POS) system. A survey by PYMNTS found, “97% of top performing restaurants offer digital wallet payment capabilities, while only 53% of bottom performers do the same.”

Mobile Ordering 78

Mobile Ordering POS Customer Service Online Ordering 78

Restaurant365

NOVEMBER 19, 2019

With nearly half of the United States imposing higher minimum wages starting in 2020, restaurants also need to focus on optimizing labor costs (especially as a percentage of sales). By integrating POS system with an accounting and scheduling platform, labor and sales data can be used for smart forecasting. Finding and training staff.

Operations 92

Operations 2020 Mobile Ordering Social Media 92

Deliverect

JANUARY 7, 2021

They also won’t need to download an app, which can be off-putting for customers, especially in grab & go restaurants and cafes where they might be in a hurry. But taking your menu online isn’t just about driving more sales – it’s also about upgrading the customer experience. What is a QR code menu? Benefits of a QR code menu.

Online Ordering 88

Online Ordering Customer Experience Point of Sale Food Order 88

The Restaurant Expert

JANUARY 24, 2019

The prime cost formula is your total cost of goods sold (to be calculated properly requires weekly or monthly inventories to calculate use because purchases divided by sales are NOT accurate), plus your total labor cost, including taxes, benefits and insurance, then divided by your gross sales (sales before discounts, not including sales tax).

Insurance 54

Insurance Point of Sale Inventory Download 54

The Restaurant Times

OCTOBER 28, 2021

Moreover, these solutions serve as a link between the Point-of-Sale (POS) and the kitchen, making order management and sequencing easier. . Point of Sales (POS) System . Having a well-functioning Point of Sale (POS) system can go a long way toward ensuring that all your operations run smoothly.

Technology 52

Technology Operations Point of Sale Mobile Ordering 52

The Restaurant Times

JULY 17, 2021

It is similar to downloading movies instead of streaming online on OTT platforms. It is like the central module of a restaurant responsible for CRM, loyalty and inventory management, detailed sales reports, etc. . But first, let us see what both of these POS systems are. What Are Traditional POS And Cloud POS Systems? .

POS 52

POS Cash Management Online Ordering Point of Sale 52

Restaurant365

AUGUST 19, 2020

Successful restaurant owners and operators don’t just provide great food. For food service and hospitality in particular, an essential part of the guest experience is the interaction with employees. The people piece of the puzzle can be challenging for restaurants. Human resources and payroll overview. varying wage and tip income regulations.

Restaurant Law 131

Restaurant Law Recruiting Employee Relations Food Safety 131

Smart Systems Pro

APRIL 3, 2019

Using a scale of 1 to 5, 1 being strongly AGREE and 5 being strongly DISAGREE, rate your restaurant on the following: Based on my restaurant’s current efficiencies, good or bad, I know my breakeven point ­­­ _. I supply my accountant, or whoever prepares my books, my ending inventories within five days of the end of every month ­­­ _.

Management 72

Management Management Cash Management Front of House 72

Transact

APRIL 2, 2020

At this point, most restaurants and food service establishments have closed their dining areas either by choice or by mandate and have limited service to takeout and delivery. This post was created in cooperation with the Portland Independent Restaurant Alliance. COVID-19 is a disaster that is just as destructive as an earthquake or tsunami.

Social Media 100

Social Media Kitchen Safety Food Safety Customer Service 100

Restaurant365

SEPTEMBER 22, 2020

Your point-of-sale (POS) system processes and stores enormous amounts of sensitive information. With the current trend toward cashless transactions, there should be an increased emphasis on PCI compliance in your restaurant business. However, it’s critical to maintaining a successful business and trustworthy reputation.

POS 78

POS Point of Sale 2006 Technology 78