Tue.Jan 21, 2020

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7shifts Opens First U.S. Outpost to Support North American Expansion

7 Shifts

Hoboken office officially opens its doors as the company looks to build the US team 7shifts , the leading labor management platform for restaurants, has chosen Hoboken as the location of their first U.S. office, officially opening today. Originally founded in 2014 by Jordan Boesch in his hometown of Regina, Canada, 7shifts’ North American office launch is reinforced by the hiring of former Yelp VP, Global Partnerships, Preston Junger to be the company’s’ Head of US Operations.

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How To: Social Media Marketing in the Restaurant Industry

Modern Restaurant Management

We get it, you’re busy. The idea of using social media marketing to attract customers, all the while managing inventory and payroll, can be exhausting. But millennials and Gen-Z are quickly becoming the largest generation, overtaking baby boomers in 2019. And one thing we know about those 35 and younger – they love social media. Checking into restaurants, tagging beautiful platings, and sharing their experiences with friends and family.

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How restaurants can engage with millennials

Deliverect

In 2019, millennials made up around 31% of the global population. Born between the early 1980s and the late 1990s, this generation is often the one to make the headlines. Just in case you haven’t heard: millennials are one of the biggest driving forces behind the booming food delivery business. They’re looking for convenience, unique and personal food experiences and authenticity.

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Why Your Food Service Business Should Have a Crisis Management Plan

Modern Restaurant Management

Nobody wants a crisis at their restaurant, but in these days of smartphones and social media, word of mouth travels fast. That’s why it's important to have a crisis management plan in place. Poor reviews, videos, and live broadcasts of customer service problems, emergencies, or other issues can begin trending online virtually instantly. Go viral, and the crisis will spill across social media platforms, potentially reaching millions.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Guide to Understanding Restaurant Kiosks

Lavu

What You Need to Know About Restaurant Kiosks. One of the major factors that can detract customers from your restaurant is long lines and long wait times. Customers want to make their orders and have their food delivered as fast as possible. To address the challenges of delayed service delivery , the use of restaurant kiosks has emerged and grown at an incredible speed.

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Accounting Methods for Small Restaurants

Lavu

Businesses in the restaurant industry generate most of their revenue from selling food and beverages. Since these products are usually perishable, restaurant accounting is quite different from other industries. A small restaurant business will often change its inventory level based on the demands of the customers. The business also needs to consider various factors like labor costs and the cost of goods sold (COGS) in their operations.

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New NLRB Decision Eases Restrictions on Keeping Harassment Investigations Confidential

Modern Restaurant Management

Between 2005 and 2015, the restaurant and hospitality industry had the highest percentage (14 percent) of sexual harassment filings received by the Equal Employment Opportunity Commission (“EEOC”), [1] in which the complainant's industry was specified. [2] The real percentage may well be higher, as more than half of the EEOC's sexual harassment filings during that time did not specify the complainant's industry.

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Effective Restaurant Accounting Tips

Lavu

Preparing good meals and serving customers is always an exciting part of running a restaurant. When it comes to numbers, however, most restaurant owners do not know what is expected of them. Opening a restaurant may have been your dream, but keeping everything intact is crucial to running a successful business. You need to ensure that the numbers add up, and your revenues cover all the costs incurred.

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Lucky You! 14 March Promotion Ideas for Bars and Restaurants

Buzztime Business

National Puppy Day. Peanut Butter Lover’s Day. The first day of spring. And even the Ides of March. There’s more going on in March than just St. Patrick’s Day! So we’ve lined up 14 March promotion ideas for bars and restaurants to keep customers coming in all month long. As always, go ahead and steal… The post Lucky You! 14 March Promotion Ideas for Bars and Restaurants appeared first on Buzztime.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Ultimate Guide to Choosing Restaurant Accounting Software

Lavu

In the competitive restaurant world, owners have to understand both the operational and administrative activities of their business. Among the most important administrative activities is restaurant accounting , which involves the collection, reporting, and analyzing of financial data. To meet the rising demands for accuracy in financial information, restaurant accounting software is essential in the running of a modern-day restaurant.

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Which Accounting Reports Should Your Restaurant Keep

Lavu

Restaurant accounting is undoubtedly one of the most important administrative functions of a restaurant. It involves taking control of your accounts and making sense out of your business financial information. To ensure you get the best out of your financial information, you should work closely with your accountant to generate financial reports in a consistent and timely manner.

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The Importance of Accounting to a Restaurant

Lavu

An efficient back-office plays a critical role in the success of a restaurant. It is the system that takes care of your financial information and ensures that you are making enough revenue to cover your expenses. Even if you do not have a background in accounting, understanding this administrative area puts you in a better place of knowing how your business is performing.

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Find out How to Calculate Restaurant Labor Cost Percentage

Lavu

Learn How to Calculate Restaurant Labor Cost Percentage. Labor costs are the highest cost a restaurant incurs. This makes labor cost percentage an important metric to calculate and track. With total labor costs comprising 30-35% of the restaurant revenue, calculating them accurately is critical in ensuring you are not making unnecessary losses. This article will explain this concept in more details; What are restaurant labor costs?

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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Factors to Consider When Choosing a Restaurant Accounting System

Lavu

Choosing a restaurant accounting system sounds easier on paper than the actual process of knowing what to consider before making the choice. You need to consider whether you need web-based accounting software, integration of the accounting software to your POS system, the cost of purchasing the system, and other important factors. For first-time buyers, choosing an accounting system can be an uphill task, especially if you do not know what you are looking for.

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The Growth of Online Ordering and Food Delivery

Lavu

A Look into the Growth of Online Ordering and Food Delivery. The food industry has gone through a significant revolution over the recent past. Customers can now easily order food online and have it delivered to their homes within the shortest time possible. In fact, the growth rate for online food ordering and restaurant delivery has been over 20% over the last five years.

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Why Restaurant Accounting Software is Good for Your Business

Lavu

The restaurant industry is one of the most fast-paced, with endless to-do lists. While it may be exciting to own a restaurant and serve your customers, some vital tasks like doing accounts may be quite challenging. With all the factors that go into consideration, doing your accounts can be overwhelming. Even if you have a professional accountant, you still need to ensure the accuracy of the record and accessibility of such information at any time.

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