This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Restaurant accounting is certainly not the most glamorous part of running a restaurant. Yet, without proper restaurant accounting, it is impossible to control your finances and keep your restaurant in business. Restaurant accounting activities include everything from accurately recording transactions to creating detailed financial reports. When done well, proper accounting practices allow you to analyze and optimize financial performance and profitability.
They’re the restaurant’s human face: ensuring customers feel welcome, answering questions and bringing out each course with efficiency and charm. That’s right, we’re talking about waiting staff. Waiters and waitresses have always played a big part in the experience of eating out. However, in big cities with high property prices, good ones can be hard to find, never mind pay.
Tell us a story. No really, you should. Because Instagram Stories are one of the latest ways you can bring marketing glory to your restaurant or bar. Don’t believe us? Or, never heard of Instagram Stories? Don’t worry, we have you covered. Here, we’ll break down what Instagram Stories are, why you need them, and… The post The New Once Upon A Time: 10 DOs and DON’Ts of Instagram Stories appeared first on Buzztime.
With margins slim and competition fierce, restaurants need to keep their operating expenses under control to remain in business. A profitable restaurant typically has food costs between 28 and 35 percent , making food one of the biggest expenses. Restaurants that succeed in improving their food costs without immediately resorting to band-aid strategies like raising their menu prices or trying to work with less staff gain a tremendous competitive advantage.
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.
Who is the next-generation customer and what are their expectations? Today’s diners are well-connected, tech savvy, and expect a high-quality restaurant customer experience—whether visiting a five-star restaurant, fast-casual, or the drive-through. As a restaurateur, understanding where the bar is set, is the first step toward capitalizing on the customer journey.
Technology impacts nearly every aspect of our lives. For restaurants in particular, the impact of how technology is changing the restaurant industry is only growing bigger. It is not only changing foodservice, it’s becoming integral to maintaining successful, profitable operations. From the front counter to the kitchen, technology is everywhere in restaurants.
As we move closer and closer to 2020’s forecasted skills shortage , conducting a hospitality skills assessment is a sure fire way to interview and assess candidates for your venue or to upskill your current staff. It also offers an opportunity to standardise your operation from the front of house through to the back.
As we move closer and closer to 2020’s forecasted skills shortage , conducting a hospitality skills assessment is a sure fire way to interview and assess candidates for your venue or to upskill your current staff. It also offers an opportunity to standardise your operation from the front of house through to the back.
Most restaurant operators are very concerned with reducing turnover in their stores. There are a couple of things to consider, but it starts with the interview to make sure that you are hiring the right people and setting the right expectations. There are two real components to that: learning why they want the job, and weeding out the people that are not the right fit.
2019 is almost over, and as mobile marketing has developed over the last decade, it has continued to grow as a marketing channel, especially for small businesses, with easy-to-use and affordable business texting services enabling anyone to use the technology to full effect. With the right approach, SMS marketing works amazingly well at bringing more guests to your restaurant.
A strong franchisor-franchisee relationship can be a thing of beauty. Clever marketing and strong branding from a restaurant’s corporate offices can boost sales for franchised restaurants. In turn, this gives franchisors more money from royalty fees, which creates a mutually beneficial cycle for restaurant success. However, with the highs usually come the lows.
Direct Mail Marketing has been around just about as long as mailbox service to homes has been. Barring an apocalypse, there will always be direct mail. That doesn’t mean, of course, that you need to use it to get the word out about your restaurant. I may own Our Town America, a national direct mail marketing franchise, specializing in reaching people who have just moved to the community, but I recognize there are other ways to market your business.
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.
Watermelon is one of today’s fastest-trending fruits and it's making its way onto menus for cocktails and mocktails. Serve Up Wonder Melon Holiday Cocktails For Festive Drinks Your Guests Will Love! Two Varieties: Spicy Watermelon Lemon Cayenne & Cool Watermelon Cucumber Basil. The consumers have spoken. Watermelon, one of today’s fastest-trending fruits, has enjoyed triple-digit growth in casual and fine dining.
The restaurant industry is vibrant, active—and full of job opportunities. If you’re interested in a career in the restaurant industry, but don’t know where to start, this blog post is for you. Below, we’re reviewing some of the most common jobs in the restaurant industry and what they entail. This way, you can decide which job is right for you!
This post covers general information and does not constitute legal or tax advice — for advice specific to your business, be sure to consult with a professional. Running payroll for a restaurant can seem intimidating. All the taxes, timecard corrections, tip splitting, and IRS forms are a lot to handle. And while using a payroll processor certainly makes things easier, there can still be many steps to remember and lots of information to gather when you’re running payroll.
How Multi-domain Data Governance Works from Farm-to-Fork. With the escalation of recalls in the food industry leaving a blizzard of regulation in its wake, it is becoming increasingly important that regulatory environments, legal restrictions or requirements, authorizations and accreditations, industry standard practices, and security over monitoring of activity is managed to ensure compliance – even as these mandates become increasingly difficult to understand, Implement or update.
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.
Sustainability is a matter that has always been around, but in the past few years this topic has been flaring up in all industries. The millennial generation, one of the biggest driving forces behind the boom in the food delivery industry, is the one that set the trend in motion, challenging our eating habits, environmental concerns and lifestyle choices.
HolidaySparklingWines.jpg. Author(s): Penny Weiss. Teaser: Six festive sparkling wines to drink over the holidays and all year long! The holiday festivities have begun and I’ve heard a lot of corks popping lately, which is always music to my ears! Champagne and sparkling wines have always been considered the “go-to” drink for celebrations.
Shift planning has gotten easier in recent years with the introduction of cloud-based scheduling software and workforce management tools. What was once a tedious organizational task with paper and pencil — or, if you were lucky, Excel or Word — is now a streamlined and strategic tool for planning, controlling costs, and communicating with your team members.
Catering can be a great way to increase your sales during the holiday season. You already have the commercial kitchen, staff, customer base, and the economy of scale for bulk ordering so the cost of entry into catering should be relatively low. But before you dive in, understand that catering takes a great amount of planning and strategy. It’s vital that the challenges that come with feeding large numbers of people at ever-changing venues does not negatively impact your current business, c
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.
Most restaurant operators are very concerned with reducing turnover in their stores. There are a couple of things to consider, but it starts with the interview to make sure that you are hiring the right people and setting the right expectations. There are two real components to that: learning why they want the job, and weeding out the people that are not the right fit.
Restaurant Trends, Culinary, Tech and Economy. Like most industries, the restaurant/food industry is using analytical data to understand how the market is being influenced and how to follow suit. As a new wave of youthful consumers begins entrenching upon restaurants, there are some key trends that they are particularly attracted to. Here is a look at some of the current culinary, economic and technological trends that will be sure to impress consumers. 1.
Shift planning has gotten easier in recent years with the introduction of cloud-based scheduling software and workforce management tools. What was once a tedious organizational task with paper and pencil — or, if you were lucky, Excel or Word — is now a streamlined and strategic tool for planning, controlling costs, and communicating with your team members.
According to a study, 82 percent of small businesses fail due to cash flow problems. A cash flow shortage occurs when more money is flowing out of the business than is flowing into it. During a cash flow shortage, you might not have enough capital to cover your payroll or other operating expenses. When there is no proper plan or strategy in place for handling cash flow shortage, a cash flow crisis occurs.
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.
What’s a Holiday Pop-up Bar? With holiday spirits now in full swing, bar patrons can expect to see a new type of bar experience – complete with all the décor and festivity of the Christmas season – popping up in local bars, restaurants, and empty buildings. The “pop-up” trend started about a decade ago with pop-up restaurants and quickly expanded to include bars.
Flagship Class Completes Partner Certification to Expand Restaurant Accounting Services. IRVINE, Calif. (Dec. 11, 2019) — Restaurant365 ® is proud to announce its first graduating class of Certified Accounting Firm Partners having successfully completed the company’s sought after certification process. In achieving certification, Restaurant365 partners will increase efficiency, optimize labor and expand services for their restaurant clients.
Do you hire seasonal employees? If so, you may be required by law under the ACA to provide health insurance to some of these workers — or face stiff penalties. If this is your first time hiring seasonal employees or your business is now big enough to qualify under the ACA, it’s vital that you understand the details of what the government expects of you.
Opening a restaurant is a big undertaking full of risk. More than half of restaurants fail within the first year and more than 80 percent fail within five years. Poor planning is the root cause of most restaurant failures, but a solid business plan can help you navigate the difficulties that lead to failure and help set your restaurant up for success. .
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.
Convenience Store Operator to Deploy BOHA! Terminal and App Across 21 Locations. HAMDEN, Conn.–(BUSINESS WIRE)–Dec. 9, 2019 — TransAct® Technologies Incorporated (Nasdaq: TACT) (“TransAct” or “the Company”), a global leader in software-driven technology and printing solutions for high-growth markets, today announced that it has secured a new agreement with a local convenience store operator to deploy one BOHA!
The holiday festivities have begun and I’ve heard a lot of corks popping lately, which is always music to my ears! Champagne and sparkling wines have always been considered the “go-to” drink for celebrations. But they have evolved into wines that are now enjoyed all year long and not just for special occasions. There are numerous styles to choose from that are produced in wine regions all around the world such as the popular Italian Prosecco, Spanish Cava and Sekt from Germany.
Do you hire seasonal employees? If so, you may be required by law under the ACA to provide health insurance to some of these workers — or face stiff penalties. If this is your first time hiring seasonal employees or your business is now big enough to qualify under the ACA, it’s vital that you understand the details of what the government expects of you.
Employee turnover is every employer’s nightmare. According to the Bureau of Labor Statistics , total turnover rates in 2018 were 44.3 percent, but that’s an average of all the industries. Total turnover for the hospitality industry was 76.7 percent in 2018. Every time a business replaces a salaried employee, it costs the business 6 to 9 months’ worth of that person's salary, according to the Society of Human Resources & Management.
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.
We organize all of the trending information in your field so you don't have to. Join 49,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
90 
Let's personalize your content