Modern Restaurant Management

DECEMBER 5, 2023

billion smartphone users worldwide , nearly 86 percent of the global population, and there has been a 750 percent increase in QR Code downloads since 2019. Tech’s Role in a People-Centric Industry By collecting data on guest preferences, restaurants can also anticipate ordering trends, resulting in cost savings and reduced food waste.

Technology 193

Technology Mobile Ordering Customer Experience Customer Service 193

7 Shifts

SEPTEMBER 16, 2021

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? Create Consistency with Your Operations. Delegating Responsibilities. Keep Your Team Connected.

Management 370

Management Management Document Hiring 370

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. Restaurant prime cost overview. Prime Cost Formula Review. CoGS (Cost of Goods Sold).

Point of Sale 148

Point of Sale Employee Relations Inventory Waste 148

Apicbase

MAY 21, 2024

Finding the right balance is crucial for driving sales, managing costs, and providing a best-in-class experience. Free Download] Menu Engineering Worksheet Don’t start from scratch. Download a ready-made menu engineering worksheet with formulas. Download now What Are The Steps In Developing a Menu?

Menu 52

Menu Dietary Restrictions Allergens Seasonal Menu 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 184

Loyalty Program Online Ordering Cash Management Point of Sale 184

ChowNow

FEBRUARY 27, 2024

Users don’t want to waste time navigating your site to find what they’re looking for. You’re probably reading this article from one right now. In fact, 81% of diners browse for restaurants on mobile devices, and 75% of them select restaurants based on those results. Where to start? Learn more. Research shows it pays off too.

Marketing 78

Marketing Mobile Ordering Email Marketing Online Ordering 78

Tableo

JULY 19, 2023

Integration with POS Systems : Seamlessly integrated with the restaurant’s point-of-sale (POS) system, to ensure accurate record-keeping and synchronisation of payments. TRY IT FREE Stop wasting time when managing restaurant reservations Save time, reduce stress and fill your restaurant while you sleep. New to Tableo?

Technology 75

Technology Point of Sale Customer Experience Reservations 75

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

Modern Restaurant Management

JANUARY 12, 2022

71 percent rely on delivery for 11 percent or more of sales. 33 percent rely on delivery for more than 20 percent of sales. 65 percent rely on mobile ordering for 11 percent or more of sales. 25 percent rely on mobile ordering for more than 20 percent of sales. Investment in delivery and mobile ordering pays off.

2022 211

2022 Mobile Ordering Guest Recovery Point of Sale 211

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

DECEMBER 28, 2023

Since our founding 10 years ago, we’re proud to have facilitated 5 billion consumer orders, driven over $100 billion in sales for merchants, and helped Dashers ​​earn over $35 billion through the platform. Restaurant industry insiders offer their insights on F&B trends we can expect to see in 2024.

2024 163

2024 2023 Food Order 2013 163

Apicbase

MARCH 28, 2024

That means you are collaborating with multiple stakeholders who each have their own data points to focus on. All come with their own data sets and metrics – food cost, inventory variance, sales numbers, the list goes on. Here are the key considerations to look out for when making your decision.

Management 52

Management Management Point of Sale Kitchen Safety 52

Modern Restaurant Management

FEBRUARY 27, 2020

Key findings regarding economic conditions include: Restaurant industry sales are projected to reach a record $899 billion in 2020, with the moderate four percent growth rate mirroring general economic conditions. 2020 State of the Restaurant Industry. Opportunity lies in off-premises. Off-premises will be a prominent force of growth in 2020.

2020 163

2020 Influencer Point of Sale Food Safety 163

Cheetah

JULY 1, 2021

Download the app to start saving ! . Important hidden costs that operators sometimes overlook include waste, gas money and countless billable hours spent on roaming the aisles of wholesale warehouses like Restaurant Depot. JIT also guarantees you get 100% usable product, which translates to zero waste. Table of Contents.

Fine Dining 148

Fine Dining Customer Experience Front of House Customer Service 148

Tableo

JULY 20, 2023

” Create a loyalty programme where customers can accrue points for eating at your establishment. ” Create a loyalty programme where customers can accrue points for eating at your establishment. Inform them via personalised emails of their point balance, special awards, and upcoming promotions. The key is consistency!

Email Marketing 75

Email Marketing Marketing Website Management Reservations 75

Cheetah

JULY 1, 2021

Download the app to start saving ! . Important hidden costs that operators sometimes overlook include waste, gas money and countless billable hours spent on roaming the aisles of wholesale warehouses like Restaurant Depot. JIT also guarantees you get 100% usable product, which translates to zero waste. Table of Contents.

Fine Dining 148

Fine Dining Customer Experience Front of House Customer Service 148

Lavu

DECEMBER 20, 2019

Tracking food costs lets you see how much money you lose due to waste or theft. You can download that spreadsheet here: [link]. In order to arrive at a menu price, you can add up the ingredient cost, overhead cost, waste cost, and profit. Your waste. You can anticipate precise costs. Here’s. You can identify.

Food 78

Food Waste Inventory Point of Sale 78

Modern Restaurant Management

SEPTEMBER 23, 2020

These include marketing, website development, omnichannel payments and point-of-sale (POS) solutions. "We're In this edition of MRM News Bites, we feature real-time data on consumer behavior and the move to #cutoutcutlery. SpotOn Secures $60M Funding. SpotOn Transact, Inc. secured $60 million in Series C funding.

Serving 190

Serving White Paper Food Recycling 190

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

Cheetah

OCTOBER 3, 2020

Hand sanitizer: Make sure hand sanitizer is accessible to all people in the restaurant on tables and any point of contact. The new indoor dining scheme allows for a max capacity of 25% or 100 people, whichever is fewer. Since the Covid-19 outbreak, most Bay Area restaurants have adapted their business model to fit the new normal.

Inventory 78

Inventory Insurance Cash Management Point of Sale 78

Margin Edge

FEBRUARY 24, 2022

Purchases are separated into these different categories because the margin on sales between them can vary by quite a bit. . 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. Take sushi vs beer.

Inventory 82

Inventory Point of Sale Waste Fine Dining 82

Restaurant365

DECEMBER 2, 2019

Other inventory management tasks such as automatic inventory tracking via point of sale system (POS) integration can also be automated. Over time, smart suggestive ordering, based on sales reporting forecasts and par level inventory, can reduce over-ordering and food waste. Controlling your food costs.

Management 97

Management Management Point of Sale Inventory 97

Restaurant365

FEBRUARY 6, 2020

However, being able to easily access sales, inventory, and labor data allows you to quickly make informed decisions. Step 1: Record Sales Through Your POS Daily. Track Your Daily Sales. One of the most fundamental pieces of bookkeeping is tracking your daily sales. How to Generate a Daily Sales Report.

Point of Sale 138

Point of Sale Inventory POS Cash Management 138

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%. The F&B industry grew in 2022… and it will keep growing in 2023. However, we’re seeing some major shifts around menu creation, procurement, and dining habits of guests.

2023 52

2023 Operations Management Management 52

Focus POS

SEPTEMBER 10, 2020

Don’t waste money paying for functions that you don’t need, and don’t sacrifice quality just for a cheap system that doesn’t quite fit right. Using historical sales data, you can identify which add-ons are most popular. Download our free ebook: 4 New Must-Have Technologies for Your Restaurant. Do your research. Online ordering.

POS 97

POS Loyalty Program Email Marketing Mobile Ordering 97

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

Modern Restaurant Management

AUGUST 16, 2021

This edition of MRM Research Roundup features the latest facts and figures of restaurant operations, the state of business dining, and the mid-year gift card report. The State of the Restaurant Industry. foodservice industry. Quick service restaurants (QSRs), representing 81 percent of restaurant visits in the U.S., “The U.S.

2021 178

2021 Guest Recovery 2019 Loyalty Program 178

Buzztime Business

SEPTEMBER 20, 2023

Don’t waste time with football promotions that simply state “we’ve got the game on.” 6) Burnt is Good…Kansas City Burnt Ends A highly in demand delicacy in Kansas City, burnt ends are crusty, fatty meat from the point of a smoked beef brisket. You deserve a piece of this $15.3 billion pie. A cozy sofa.

Email Marketing 78

Email Marketing Social Media Events Back of House 78

Apicbase

FEBRUARY 6, 2023

To counter the challenge, dark kitchens are increasingly pivoting towards a hybrid model with sales channels that go beyond delivery and pick-up. Successful ghost kitchens lean heavily on integrated technology systems to accept online orders, process payments, and manage back-end operations. We wouldn’t either.

Delivery 52

Delivery Management Management Online Ordering 52

Apicbase

SEPTEMBER 2, 2022

Here’s what we’ll be covering: What is engineering How to run a menu analysis Why actual food cost percentages matter How to get access to a running sales mix report What improvements to make to increase menu popularity & profitability Why testing menu changes is important. How To Do Menu Analysis & Sales Mix Matrix Manually.

Menu 52

Menu Operations Point of Sale Seasonal Menu 52

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. Keeping track of your finances is time-consuming, and yet it has enormous implications for your bottom line. Modern restaurant accounting methods depend on accurate and timely data about your business.

Point of Sale 120

Point of Sale Cash Management Inventory Consumer Goods 120

Modern Restaurant Management

DECEMBER 16, 2019

Topline numbers show robust restaurant sales growth during November. Same-store sales growth was 1.6 percent in November, which represents the third consecutive month of positive sales growth and the strongest since January. Thanksgiving typically represents lower sales volumes for most industry segments.

2019 103

2019 Compost Mobile Ordering Point of Sale 103

Modern Restaurant Management

FEBRUARY 28, 2020

Modern Restaurant Management (MRM) magazine's People & Places column features news of company hires and promotions, charitable efforts and product introductions. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. “I found inspiration on my travels.

Coaching 139

Coaching Point of Sale Customer Experience Retail 139

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

Modern Restaurant Management

FEBRUARY 1, 2021

This edition of MRM Research Roundup features the latest restaurant sales stats, brand loyalty, Valentine's Day spending plans and more. Same-Store Sales Fall. The fourth quarter was not good for restaurant sales; each month posted worse same-store sales growth than the previous month, according to Black Box Guest Intelligence.

2021 122

2021 Point of Sale Guest Recovery Travel 122

Modern Restaurant Management

AUGUST 5, 2020

and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform.

Food Safety 203

Food Safety Mobile Ordering Online Ordering Kitchen Safety 203

Lavu

DECEMBER 20, 2019

restaurant and prepare food for sale. Every food product on shelves has one thing in common: nutrition labels. This is because the FDA requires it. has a list of ingredients and nutritional information. This is helpful for consumers with allergies or health conditions. is good for anyone who pays attention to daily nutrition. formatting.

Food Truck 78

Food Truck Point of Sale Inventory Consumer Goods 78