Modern Restaurant Management

MAY 31, 2022

For example, basic point of sale (POS) systems or integrated restaurant management systems are useful digital tools that enable data reporting. Aside from gathering reports from a POS system, some restaurants will leverage other types of software that are beneficial to improving the restaurant’s performance.

Point of Sale 196

Point of Sale POS Download Loyalty Program 196

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

BNG Point of Sale

JULY 15, 2018

Getting a point-of-sale system is one of the first pieces of equipment a restaurant owner debate spending money on when they are investing in a new establishment. Point-of-sale systems have the reputation of being an expensive piece of technology that rings up items and lets you process payments. How is this possible?

Point of Sale 66

Point of Sale Waste POS Cash Management 66

BNG Point of Sale

OCTOBER 13, 2021

The Advantage of a Point-of-Sale (POS) System for a Convenience Store. Benefits of a POS System for Your Convenience Store. You can satisfy customers and make more sales with an upgraded POS. For example, it’s possible to connect a POS terminal to a server in the backroom or another location.

POS 52

POS Point of Sale Cash Management Loyalty Program 52

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

The Restaurant Times

JULY 17, 2021

POS software solutions are now ubiquitous. From small retailers to restaurants, POS software is used for billing almost everywhere. According to a report by Marketsandmarkets , the cloud POS systems market is expected to touch USD 3.73 But first, let us see what both of these POS systems are. billion by the year 2023.

POS 52

POS Cash Management Online Ordering Point of Sale 52

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. The more robust a POS is, and the more it can integrate other software, the more efficient your operation can become.

POS 78

POS Loyalty Program Mobile Ordering 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

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. You can access these features easily with the right POS system. #1) Display screens are a part of a POS system. But, you can automate inventory monitoring too.

Employee Relations 78

Employee Relations Inventory Fast Casual Point of Sale 78

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

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

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

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

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. Depending on what kind of hardware and POS system a restaurant is using, each delivery app may require a unique and intensive process to integrate it with current operations.

Delivery 189

Delivery Customer Service Point of Sale Customer Experience 189

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 customer waves their phone near a POS to pay using their digital wallet through a delta wallet service such as Venmo, Apple Pay, Google Pay, and Samsung Pay.

Mobile Ordering 78

Mobile Ordering POS Customer Service Online Ordering 78

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

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

Izettle

FEBRUARY 25, 2021

Terms like EPOS or POS can be intimidating if you’re not familiar with them. 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. What is an EPOS and how is it different from a POS?

Cash Management 52

Cash Management Point of Sale POS Customer Service 52

Izettle

FEBRUARY 25, 2021

Terms like EPOS or POS can be intimidating if you’re not familiar with them. 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. What is an EPOS and how is it different from a POS?

Cash Management 52

Cash Management Point of Sale POS Mobile Ordering 52

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. This promotes efficient supply chain management, inventory optimisation, and the reduction of food waste. Let’s start now!

Mobile Ordering 40

Mobile Ordering Online Ordering Website Management Restaurant Law 40

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

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

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

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

Restaurant365

SEPTEMBER 22, 2020

This covers the IT infrastructure that stores, processes, or transmits payment information, from a server POS terminal to your restaurant accounting software. Your point-of-sale (POS) system processes and stores enormous amounts of sensitive information. Why is PCI compliance important for restaurants?

POS 78

POS Point of Sale 2006 Technology 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.

Operations 92

Operations 2020 Mobile Ordering Social Media 92

Touch Bistro

AUGUST 11, 2021

hour for employers grossing <$110,000 in annual sales and not covered by FLSA). hour (for businesses grossing >$319,000 per in annual sales). hour if a company has >10 employees or grosses >$100,000 in sales). Georgia: $7.25/hour hour for employees not covered under FLSA). Hawaii: $10.10/hour. Illinois: $11.00/hour

2021 98

2021 Restaurant Law 2022 Seasonal Menu 98

Restaurant365

AUGUST 21, 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.

Blog 78

Blog Restaurant Law Recruiting Employee Relations 78

7 Shifts

FEBRUARY 8, 2024

Restaurants of today are infused with technology in many new ways, and it’s making a difference. A full 55% of consumers consider takeout and delivery essential to their restaurant experience. Restaurants turned to restaurant management apps to navigate this change, and it appears there’s no going back. Try 7shifts for free.

Operations 367

Operations Management Management Mobile Ordering 367

7 Shifts

FEBRUARY 8, 2024

Restaurants of today are infused with technology in many new ways, and it’s making a difference. A full 55% of consumers consider takeout and delivery essential to their restaurant experience. Restaurants turned to restaurant management apps to navigate this change, and it appears there’s no going back. Try 7shifts for free.

Operations 352

Operations Management Management Mobile Ordering 352

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

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. Top Restaurant Management Apps. Try 7shifts for Free. Apple | Android. TouchBistro. Team Communication.

Management 195

Management Management Operations Point of Sale 195

Apicbase

APRIL 14, 2023

The first few weeks of using new software are intense for any business. If you run dozens of restaurants, it can feel downright overwhelming. That is why we have developed an onboarding and support process that helps your company get the most out of Apicbase as quickly as possible. In this blog post, I’ll discuss how the process works.

Inventory 52

Inventory Technology Communication Take-out 52

The Restaurant Expert

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 40

Management Management Cash Management Front of House 40

BNG Point of Sale

APRIL 22, 2020

Handheld POS Systems Are A Popular Option For Mobile Businesses, Learn More About How They Work. Own a restaurant that requires a mobile point of sale system? With a properly established handheld POS System, it puts up strong competition compared to a traditional point of sale system.

POS 86

POS Loyalty Program Point of Sale Mobile Ordering 86

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. Table of Contents. What does it mean?

Operations 363

Operations Inventory Hiring Customer Service 363