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It’s rare for restaurateurs to get to the next ordering day with no leftovers, no spoilage, and no last-minute menu changes. Even the best restaurant managers struggle with food purchasing and forecasting.
Restaurant staffing is currently top of mind for every operator. It’s a candidate’s market, so competing with other restaurants goes beyond offering higher wages and providing benefits to hourly workers. Now, the speed at which you hire top restaurant talent can be the difference between landing those sought-after employees or losing them to the competition.
As everything gets more expensive, consumers are panicking, and business owners are in a predicament. To cover supply chain costs, restaurant owners need to raise their prices. However, will raising these prices cause them to lose some loyal customers who cannot afford it anymore? With any shift in costs, business owners will see the effect it has on profitability.
Accurate inventory management is crucial to running a successful business because it directly impacts a company’s bottom line and is key to maximizing profits. Having an accurate handle on inventory enables a business to become more resilient and know what they can sell and when they can sell it, helping mitigate out-of-stock scenarios. At one point, inventory management was a meticulous, lengthy and manual process for the Independent Purchasing Cooperative (IPC), an independent member-own
Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.
I get it, profit in restaurants is sometimes hard to come by. We deal with highly perishable goods, unpredictable customer behavior, swinging door staffing, and constantly escalating cost of goods. Restaurants get hit from all angles so when there is a chance to push the envelope on pricing – many do. It’s so hard to make money on that 10 oz. Prime Filet or 14 oz.
The 9 to 5 workday is common in many industries—but not in restaurants. The hospitality industry calls for early mornings and late nights, which means a normal scheduling approach doesn't exactly fit in a restaurant. If your restaurant is open 24/7 or needs workers outside its normal hours of service, your business might benefit from a swing shift schedule , which ensures you have the right amount of coverage at the right times.
When you’re buying beans or visiting specialty coffee shops, you might come across terms like third wave, single origin, micro lot, or artisan. For those who are new to the specialty coffee sector, this language can be confusing. As such, for coffee professionals looking to make the specialty coffee industry more accessible , there’s a simple first step: breaking down and defining this terminology.
When you’re buying beans or visiting specialty coffee shops, you might come across terms like third wave, single origin, micro lot, or artisan. For those who are new to the specialty coffee sector, this language can be confusing. As such, for coffee professionals looking to make the specialty coffee industry more accessible , there’s a simple first step: breaking down and defining this terminology.
This edition of MRM's "Ask the Expert” features advice from Buyers Edge Platform. Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. These days, restaurants are on the search for solutions to minimize costs and provide efficiency throughout their operation.
When I was 15 years old the furthest thing from my mind was planning my future. This was the beginning of that age when aside from finding a way to be independent and seeking a girlfriend, there was very little planning going on. Ah, but getting a part-time job with a paycheck was a good start. I managed to land a weekend job at a local diner as a dishwasher.
LA-based company TransparentSea is trying to reinvent shrimp farming On this episode of ‘Dan Does’, host Daniel Geneen visits LA-based company TransparentSea , which aims to grow the biggest, happiest shrimp using cleaner, cheaper, and more sustainable growing conditions. Geneen watches the process first hand to see if this model works and is actually better for the environment.
Milling is one of the most important post-harvest steps in coffee production. It involves removing the various layers of the cherry to remove the seeds. Wet milling is carried out after harvesting, while dry milling happens once the green coffee reaches the optimal moisture content for export. Around the world, producers use a number of different types of mills for these steps, which vary from washing stations and large commercial mills to micro mills.
Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.
The outlook is improving for many restaurants as COVID-19 restrictions loosen and guests make their way back to their favorite establishments. But the lingering effects of the pandemic continue to make this a challenging time for our industry as ongoing staffing issues and supply chain disruptions, in many cases, lead to reduced menus and shorter hours of operation.
Episode Summary. As editor at Food News Media , Danny Klein has a 30,000-foot view of everything that's going on in our industry. So from curbside pickup to QR codes, to the labor shortage to loyalty, Danny has a ton of thoughts to share. It's an episode that's just packed with breakdowns, some hot takes, and knowledge bombs that you can take back to your teams.
Why go out if you aren’t going to dress up? At buzzy Taiwanese restaurant Wenwen, it’s thrifted dad sweaters, leather pants, and lots of Balenciaga Welcome to Best Dressed , a new Eater series where restaurant diners show and tell what they’re wearing out to dinner, from the small details to the splashy pieces — and how they approached getting dressed for each spot’s specific scene.
For many baristas, a passion for high-quality coffee is one of the main reasons they work in the specialty coffee industry. But alongside this enthusiasm, baristas must also develop a broad range of technical skills, as well as knowing how to provide excellent customer service, if they are to be successful. In many cases, honing these skills gives baristas the foundation they need to advance in their careers, should they have the desire to.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Is the popularity of veganism slowing? According to a new report from the team at Chef’s Pencil , the answer could be yes, but there is a bright spot for restaurants. The team utilized a variety of data sets including Google search trends, Google Adwords and sales information for the research. Vegan-related searches have actuall increased over the past couple of years in the United States.
It’s rare for restaurateurs to get to the next ordering day with no leftovers, no spoilage, and no last-minute menu changes. Even the best restaurant managers struggle with food purchasing and forecasting.
They also produce 30,000 flour tortillas per day. Tacombi , one of NYC’s favorite taco chains, places so much importance on serving the perfect tortilla, that they opened up their own tortilla factory called Vista Hermosa, in Piscataway, New Jersey. Here, workers make 100,000 corn tortillas and 30,000 flour tortillas every day for the restaurants, as well as independent grocers throughout the country.
Coffee has long been renowned for its health benefits. For decades, research has shown that coffee can help to reduce the risk of developing major diseases, such as type 2 diabetes and cardiovascular disease. However, alongside the health benefits of consuming coffee itself, some of the byproducts in the supply chain actually have nutraceutical properties.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
The Paycheck Protection Program (PPP) program offered a lifeline for many businesses at the onset of the pandemic. In this video, the National Restaurant Association’s VP of Public Policy Aaron Frazier explains why restaurants need to find out if they are eligible for PPP loan forgiveness now. To learn more about loan forgiveness from the Small Business Administration (SBA) portal, click here.
First Online Marketplace Connecting Culinary Creators With Restaurants to Launch Menus in New Markets. A conversation with Irfan Mohammed, Co-Founder of Chups. Before founding Chups, Irfan’s focus was resolving unique consumer challenges with digital innovations for brands like Tesla and Johnson & Johnson.Chups is the first to give culinary creators and independent restaurants the power to collaborate on creating and selling trending dishes to niche fan bases across various neighborhoods.
Plus, additional hires and promotions on the video team Eater has named Ian Stroud as its new Development Producer, where he will report to Executive Producer Stephen Pelletteri and oversee a team of producers. Stroud will take the lead on video development, enhancing Eater’s Emmy award-winning digital series and developing and executing new series concepts.
Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the previous week. Here are this week’s stories. Mon, 9 May. Voyage Foods secures US $36 million in Series A funding round. The “bean-free coffee” manufacturer will launch its first product in the second quarter of 2022. First round of 2022 Canadian Barista Championships takes place in Toronto.
Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.
Cooking oil prices are skyrocketing. Here's how to make your oil last longer without serving soggy frie. As the demand for petroleum alternatives like biofuel intensifies, so does demand for the ingredients that make this fuel – most notably, the price of used cooking oil. If you are a restaurant owner or manager, you may have noticed the price of frying oil skyrocketing over the last year.
If you run a fast casual or quick service restaurant, you have the option of improving the customer experience by using self-order kiosks. Self-ordering kiosks … How Much Does a Self-Order Kiosk Cost? Pricing & Considerations Read More ». The post How Much Does a Self-Order Kiosk Cost? Pricing & Considerations appeared first on iPad Point of Sale System for Restaurants, Bars & More.
Michael Tinsager has a unique position in hospitality – as an industry adviser and podcaster with the Hospitality Mavericks Podcast , he has access to the experience and wisdom of hundreds of operators and experts. He is based in the UK and has a great perspective on the industry there, in Europe, North America and worldwide. Ken Burgin interviewed Michael to find out what he’s learned during the pandemic about Innovation & Leadership in Hospitality Management.
Our data shows Hospitality employees are working around six hours a week longer than before the pandemic. The post Staff Working Longer To Keep Hospitality Afloat appeared first on Bizimply.
Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.
On May 6, 2022, a panel of three judges in the Court of Appeals for the Ninth Circuit considered a challenge to California’s ban on foie gras. The law has been heavily litigated for nine years, including three sets of appeals. The panel ruled 2-1 that the foie gras ban was not preempted by federal law and did not violate the dormant Commerce Clause.
Gently rolling hills dominate the landscape of Tuscany, famous for its medieval towns, wine vineyards, striking cathedrals, and the birthplace of renowned artists such as Michelangelo, Botticelli, and Leonardo da Vinci. Amongst this beauty and history lies Montalcino, home to one of Italy’s most renowned wines, Brunello Di Montalcino. The village of Montalcino sits high up on a hill with vineyards sloping down into the valley.
It’s no secret that restaurant hiring has become increasingly difficult. In almost every town and city it seems that there’s several restaurants with signs in front advertising that they are hiring. The reasoning? The Great Resignation has made restaurant staffing incredibly difficult. Are you one of these restaurants that’s finding it hard to hire and keep employees?
This article is the first in a series of five to promote Delaget’s 2021 QSR Operational Index – an annual report that shares stats and figures from over 6,000 QSR locations for sales, costs, employees, loss, and customer experience. . With the ability to order food at the touch of a button and instant gratification seeping into the facets of our everyday life, customers’ expectations of service are higher than ever. .
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
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