July, 2015

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Tips For Bar Managers: How To Get Hours Back In Your Day

Bevspot

Tips For Bar Managers The life of a bartender: getting home in the middle of the night after working a long Saturday night shift. Rolling out of bed early the next morning to start counting bottles. Crunching numbers, sorting papers, and placing orders across multiple distributors. And all the while, constantly pleading: ‘if only there was more time in the day!

Bar 52
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Tips For Bar Managers: How To Get Hours Back In Your Day

Bevspot

The life of a bartender: getting home in the middle of the night after working a long Saturday night shift. Rolling out of bed early the next morning to start counting bottles. Crunching numbers, sorting papers, and placing orders across multiple distributors. And all the while, constantly pleading: ‘if only there was more time in the day! What if there was?

Bar 52
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Yelp: A Restaurant’s Best Friend or Worst Nightmare?

Bevspot

Regardless of having actually written a review, we’ve all used Yelp. Perhaps the app is on your phone as the first place you turn when hunting down your next meal, or maybe it’s constantly popping up first on your Google search results. Either way, seeing that star rating has no doubt impacted a dining decision or two, in all of us. From a consumer standpoint, Yelp’s role is clear: a convenient endless database of businesses, offering potentially unbiased accounts on anything from fine dining ex

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Toro, No. 9 Park and other top Boston restaurants are taking a chance on this startup

Bevspot

We connected with Sara Castellanos of the Boston Business Journal to discuss our recent Series A funding round of $5.25 million lead by Bain Capital Ventures , and our hiring plans: “Greater Boston’s top restaurants including No. 9 Park, La Brasa and Toro Boston are taking a chance on BevSpot , which offers software to better track inventory, automate orders and boost efficiency. […]” Read the full article here → The post Toro, No. 9 Park and other top Boston restaura

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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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Toro, No. 9 Park and other top Boston restaurants are taking a chance on this startup

Bevspot

We connected with Sara Castellanos of the Boston Business Journal to discuss our recent Series A funding round of $5.25 million lead by Bain Capital Ventures , and our hiring plans: “Greater Boston’s top restaurants including No. 9 Park, La Brasa and Toro Boston are taking a chance on BevSpot , which offers software to better track inventory, automate orders and boost efficiency. […]” Read the full article here ?.

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Three Ways to Think About Sitting Inventory

Bevspot

Sitting Inventory Sitting bar inventory can often be overlooked as profitable products that are waiting to be sold. While the ultimate hope for all sitting inventory is that it will (at some point) convert to sales—the simple fact is that until it does, it represents critical components in your business. The next time you’re looking at all those full bottles sitting on your shelves, consider them in terms of three important factors: money, risk, and time.

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Setting Pars

Bevspot

We recently covered how efficient inventory management starts with a simple, yet critical calculation: an inventory usage report. You can get this report instantly in BevSpot, or manually with a spreadsheet like the one we’ve made. Now that we know how to calculate usage, let’s dig into what you can do with your usage report. One useful way to utilize an inventory usage report is to set pars.

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Three Ways to Think About Sitting Inventory

Bevspot

Sitting bar inventory can often be overlooked as profitable products that are waiting to be sold. While the ultimate hope for all sitting inventory is that it will (at some point) convert to sales—the simple fact is that until it does, it represents critical components in your business. The next time you’re looking at all those full bottles sitting on your shelves, consider them in terms of three important factors: money, risk, and time.

article thumbnail

Yelp: A Restaurant’s Best Friend or Worst Nightmare?

Bevspot

Regardless of having actually written a review, we’ve all used Yelp. Perhaps the app is on your phone as the first place you turn when hunting down your next meal, or maybe it’s constantly popping up first on your Google search results. Either way, seeing that star rating has no doubt impacted a dining decision or two, in all of us. From a consumer standpoint, Yelp’s role is clear: a convenient endless database of businesses, offering potentially unbiased accounts on anything from fine dining ex

article thumbnail

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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Calculating Inventory Usage

Bevspot

Calculating Inventory Usage Successful bar managers will tell you that efficient inventory management is the key to maintaining a profitable bar. To do this, you must understand inventory usage, or how much product a business has used over a time period. Start Your Free Trial With Bevspot Today! If your bar management software or inventory spreadsheets are set up correctly— we’ve got a bar inventory template for you if they’re not—you should be able to access an inventory usage rep

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Calculating Inventory Usage

Bevspot

Successful bar managers will tell you that efficient inventory management is the key to maintaining a profitable bar. To do this, you must understand inventory usage, or how much product a business has used over a time period. If your bar management software or inventory spreadsheets are set up correctly— we’ve got a template for you if they’re not—you should be able to access an inventory usage report.

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Tequila 101

Bevspot

The word ‘tequila’ tends to evoke a certain stream of thoughts into the average mind. Images of salt, limes, shots, spring break, and margaritas probably fall into the top 5 for most. For other, more extreme cases, memories of blackouts (or lack there of) and body shots bring out feelings of regret. Many think of tequila as the enemy. With our college years and most of our tequila headaches far behind us, it’s time to overcome first impressions and past mistakes; for with a little maturity, enem

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Tequila 101

Bevspot

The word ‘tequila’ tends to evoke a certain stream of thoughts into the average mind. Images of salt, limes, shots, spring break, and margaritas probably fall into the top 5 for most. For other, more extreme cases, memories of blackouts (or lack there of) and body shots bring out feelings of regret. Many think of tequila as the enemy. With our college years and most of our tequila headaches far behind us, it’s time to overcome first impressions and past mistakes; for with a little maturity, enem

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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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4 Entrepreneurs, 1 Question: What’s the Most Helpful “No” You Ever Received?

Bevspot

BevSpot Co-Founder and CEO, Rory Crawford, connected with Rebecca Strong of Bostinno to discuss the most useful “no” he received, for an article on Boston entrepreneurs: “When one door closes, another opens.” “Every ‘no’ gets you closer to a ‘yes.'” These common motivational quotes may sound cheesy, but there’s still some truth behind them that rings particularly relevant for entrepreneurs—especially during the process of raising fundi

Article 52
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4 Entrepreneurs, 1 Question: What’s the Most Helpful “No” You Ever Received?

Bevspot

BevSpot Co-Founder and CEO, Rory Crawford, connected with Rebecca Strong of Bostinno to discuss the most useful “no” he received, for an article on Boston entrepreneurs: “When one door closes, another opens.” “Every ‘no’ gets you closer to a ‘yes.'” These common motivational quotes may sound cheesy, but there’s still some truth behind them that rings particularly relevant for entrepreneurs—especially during the process of raising fundi

Article 52
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Bar-focused software startup BevSpot knocks back $5.25 million in funding

Bevspot

We connected again with Scott Kirsner of BetaBoston and the Boston Globe to discuss our recent Series A funding round of $5.25 million lead by Bain Capital Ventures , and our progress since we spoke 10 months ago: “Talk about seizing an opportunity: when Rory Crawford was a graduate student at Harvard Business School last spring, he set up a 30-minute videoconference with one of the school’s entrepreneurs-in-residence, Ajay Agarwal.

Bar 52
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Bar-focused software startup BevSpot knocks back $5.25 million in funding

Bevspot

We connected again with Scott Kirsner of BetaBoston and the Boston Globe to discuss our recent Series A funding round of $5.25 million lead by Bain Capital Ventures , and our progress since we spoke 10 months ago: “Talk about seizing an opportunity: when Rory Crawford was a graduate student at Harvard Business School last spring, he set up a 30-minute videoconference with one of the school’s entrepreneurs-in-residence, Ajay Agarwal.

Bar 52
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Top 5 Ways to Optimize Your Loyalty Strategy

Speaker: Lauren Barash, Vice President, Brand Marketing

In an ever-evolving industry, building and retaining loyal customers is critical to the success of any restaurant business. Join Lauren Barash, VP of Brand Marketing at Full Course, as she delves into the world of restaurant loyalty programs, and reveals the top five essential strategies to optimize your approach! This webinar will explore: Loyalty trends and what you should be focusing on 📊 Actionable insights and ideas to help you develop the most powerful and effective loyalty program

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3 Reasons Not To Open a Restaurant, and the 1 Reason You Should

Bevspot

What to know about opening a restaurant. A 2003 study by Ohio State University found that 60% of restaurants fail within their first 3 years of operation, and 80% fail before the 5th year. It may seem glamorous from the outside—providing delicious food, and drinks while creating a foundation for the fun experiences that enrich people’s lives on a daily basis.

2014 52
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3 Reasons Not To Open a Restaurant, and the 1 Reason You Should

Bevspot

A 2003 study by Ohio State University found that 60% of restaurants fail within their first 3 years of operation, and 80% fail before the 5th year. It may seem glamorous from the outside—providing delicious food, and drinks while creating a foundation for the fun experiences that enrich people’s lives on a daily basis. An ideal profession, right? But one deep look into the underlying business dynamics that go into running a restaurant provides insight into the incredibly high failure rates of th

2014 52