Sat.Feb 26, 2022 - Fri.Mar 04, 2022

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To Mitigate ‘The Great Resignation’ Refocus on the Employee Experience

Modern Restaurant Management

The landscape of the restaurant industry has changed forever due to Covid and the operational complexities that the pandemic introduced. As brands scrambled to change their business models – whether through the adoption of touchless payments, delivery and curbside pickup, or the use of QR codes to access online menus – consumers were also forced to adapt their dining behaviors.

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NFT Restaurants Are Here, and Yes, They’re Confusing

EATER

NFT restaurants are dining clubs for the metaverse. But also sometimes IRL. Got it? Just weeks before Christmas, with the restaurant industry reeling again from the omicron variant, chef Tom Colicchio was tweeting about penetrating the metaverse. In a series of tweets, he announced CHFTY Pizzas , a new NFT (non-fungible token) venture with Top Chef alum Spike Mendelsohn.

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Why You Should Get Customer Feedback for Your Restaurant

Evergreen

Customer feedback is a great way to stay on top of the overall pulse of your restaurant. Knowing whether your customers are satisfied or if there are areas in which you can improve can be pivotal to the […]. The post Why You Should Get Customer Feedback for Your Restaurant appeared first on Evergreen.

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THE REALITY FOR AN AGING CHEF

Culinary Cues

I would assume that many chefs who read this article – at least the ones from my generation have reflected on where they are, what they have done, and what they are still able to do. I also assume that, like me, you have entertained lofty ideas of your ability to “do it all over again” with the same energy as you did a few decades earlier. There is something about aging that we all want to resist – at least mentally.

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Planning Your Restaurants 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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Fraud and Cybersecurity Trends: What the Restaurant Industry Needs to Know

Modern Restaurant Management

A lot of people would assume that fraud in the restaurant industry doesn’t extend beyond dine-and-dashers and bad cheques, but those with experience in the industry, especially at the level of popular franchises and chains, will tell you that fraud is more common than most people recognize. The food service industry has had a tough couple of years, and a large part of what has kept restaurants afloat has been a move to digitalization.

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Inspiring Evolution of the Bay Area’s Black Owned Joints & Food Culture

Cheetah

Reading Time: 5 minutes. February is Black History Month and we’re taking a break from our usual industry insights to celebrate and amplify black owned joints – of which the Bay Area is home to thousands! With 60% of restaurants owned by people of color , the Bay Area’s black community with its cultural roots and delicious soul food is a true pillar of the community.

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Restaurant Management Software: A Comprehensive Roundup

Aaron Allen & Associates

Running a restaurant is hard work. There are so many things to think about — from inventory management to restaurant payment and billing and more — it can be difficult to keep track of it all. That’s where restaurant management software comes in. In this roundup, we will take a look at some of the best restaurant management software out there.

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The True ROI of IoT in Food Service 

Modern Restaurant Management

“A penny saved is a penny earned.” No truer words were spoken by Benjamin Franklin and is a mantra that resonates deeply for businesses in the food service industry—many of whom are in recovery mode in the midst of the COVID-19 pandemic. With operational costs sky high and profit margins razor thin (ranging on average from three to nine percent ), restaurant operators are continually looking to keep costs down without degrading quality or service.

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5 Common Causes Of Bar and Restaurant Inventory Shrinkage

Sculpture Hospitality

When shrinkage is substantial, it can significantly decrease your restaurant or bar’s profitability. You will find restaurant and bar inventory shrinkage when you reconcile your inventory with your accounting records and find that you have less inventory on the shelves than your books say you should.

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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

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How a Buzzy New York City Restaurant Makes More Money By Closing on Saturdays

EATER

Alex Staniloff/Eater NY. Breaking down the food, labor, and fixed costs of Dame’s popular fish and chips We often presume to understand restaurant economics because we know what a chicken breast costs at the supermarket. “I could make this dish at home for $5,” goes the refrain. Could we? Here, Eater looks at all the costs in a popular restaurant dish to see what goes into it, and how much profit comes out.

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Cryptocurrency in the Restaurant Industry

Goliath Consulting

Cryptocurrencies are digital currencies that use cryptography to secure transactions and prevent counterfeiting and fraud. How does it work? According to Alison Conner of Edible Tampa Bay, “Crypto comes with a built-in ledger system, a database called the blockchain, which stores a record of every currency transaction ever made. Records on the blockchain are accessible to everyone, which allows crypto users to track the movement of any money they spend.” 1.

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Four Cleaning Best Practices to Keep Your Restaurant Inviting

Modern Restaurant Management

Running a profitable restaurant can be a challenge for a multitude of reasons. During a global pandemic, it can seem nearly impossible. With food costs rising and labor shortages causing foodservice establishments to increase wages , profit margins are being squeezed tighter than ever. Thus, maintaining a loyal customer base is paramount. While restaurants are accustomed to prioritizing cleanliness to maintain food safety, new infectious disease threats are making cleanliness even more important

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The Complete Guide To Payroll Processing For Managers

Sling

Payroll processing can be one of the most complicated and time-consuming activities that your business has to face. It’s no wonder, then, that many managers choose to outsource their payroll activities to a company that specializes in running the numbers. Whether you calculate paychecks in-house or send your information to a professional, it’s still essential that you know how payroll processing works.

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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

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What the Hospitality Industry Is Doing to Help Ukraine

EATER

Workers with World Central Kitchen are feeding refugees from Ukraine. | World Central Kitchen. World Central Kitchen, Bakers Against Racism, and restaurants and bars are raising funds and showing solidarity with Ukraine Within hours of Russia’s invasion of Ukraine, restaurants and relief organizations across the globe had already sprung into action.

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137. Restaurant Technology Guys Podcast Ep. 137 – Talking Credit Card Token’s with Jordan Thaeler and Tammy Billings

Restaurant Technology Guys

Join Jeremy where he talks with Jordan Thaeler and Tammy Billings about the power of data and the credit card token. Check them out at ABEN (joinaben.com) Aben is the first Intelligent MarketingOSTM. Leveraging proprietary data from credit card network and POS partnerships, Aben uses data science to guide capital allocation decisions. Our machine learning algorithms measure key external attributes (frequency, share of wallet, average check, etc.) to provide context, recommend actions, and quanti

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What Can I Do to Navigate Menu Price Inflation?

Modern Restaurant Management

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. Restaurant menu prices continue upward as the U.S. Department of Labor reported an inflation rate of 7.5 percent on an annual basis.

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70: Georgetown Butcher & the market movement

Food Business

Spotlighting markets starts with a butcher shop in Washington, DC. The rise of markets has taken off during the pandemic, which is why Paul Branner of Georgetown Butcher is a perfect gold stardard for our conversation on this topic. When owners are into food, but not into owning a restaurant markets become an asset which build community. Georgetown Butcher opened a week before the pandemic and has now found their footing and followers to support.

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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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5 Common Causes Of Bar and Restaurant Inventory Shrinkage

Sculpture Hospitality

When shrinkage is substantial, it can significantly decrease your restaurant or bar’s profitability. You will find restaurant and bar inventory shrinkage when you reconcile your inventory with your accounting records and find that you have less inventory on the shelves than your books say you should.

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Podcast 11: What Can Disney Teach Us About Hospitality Systems & Service?

Ken Burgin

If you haven’t experienced a Disney theme park or travel adventure, you have heard about the amazing service and carefully designed experiences they produce. How can hospitality operators of any size learn from the Disney approach to customer service, and create some of that magic in their own venue? In this podcast, I’m talking with Michelle Pascoe, a Customer & Team Retention Specialist in the hospitality industry.

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Cities Implementing Vaccine Mandates for Indoor Dining Are Seeing Stable Restaurant Visitation

Modern Restaurant Management

Since the late summer of 2021, many major U.S. cities have implemented requirements for patrons to show proof of COVID-19 vaccination in order to dine indoors at restaurants. At a time when over one-third of U.S adults remained unvaccinated, the launch of this unprecedented policy was met with concern by many in the restaurant industry. If visitation from these unvaccinated consumers were to be lost entirely, or even fully shifted to less profitable channels like delivery, many restaurant owners

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The Best Damn Chicken Finger | Season 6, Vol. 7: Sticky's

Foodable

Listen to "The Best Damn Chicken Finger | Season 6, Vol. 7: Sticky's" on Spreaker. In the latest episode of Hospitality Hangout , Michael Schatzberg “The Restaurant Guy'' and Jimmy Frischling “The Finance Guy'' chats with Jon Sherman, chief executive officer and co-founder at Sticky's Finger Joint about becoming an entrepreneur, developing a new brand, and the lessons learned.

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2024 Restaurant Spending Trends to Stay Ahead of the Curve

How do you stay on top of what your customers are expecting when they step through your doors? Do you know what’s on their mind? How are you going to account for what they’re planning on doing months from now? As we head into 2024, price-related issues are still top-of-mind for restaurant customers after the inflation boom earlier this year. In this new report, we give you the latest insights on consumer spending trends, attitudes on tipping, and how you can respond.

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How To Improve Restaurant Operations In 2022

The Restaurant Times

The new year is here, and so is the restaurant rush. Brimming with resolutions, your customers will now be back with renewed vigour to your establishments. The ongoing pandemic has changed existing business models, and it is imperative for restaurant owners in the US to adapt to them and streamline their restaurant operations. If you’re looking to run your restaurant operations in 2022 efficiently, we have created a comprehensive list of 5 tips to improve your restaurant operations. . 5 T

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Restaurant Acquisitions Are Booming. Here’s How Data Helps You Position Your Brand for Sale.

Black Box Intelligence

Despite operating challenges in the current environment, or perhaps because of them, 2021 was a big year for restaurant acquisitions. M&A activity was one of the biggest restaurant industry news stories of the year. Duff & Phelps, a financial services firm that tracks restaurant M&A activity , found that there were a record-high 381 deals in the 12-month period that ended Sept. 30, 2021 and predicted a busy 2022.

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Ceilings Can Define Style

Modern Restaurant Management

When designer Monica Jeffers saw the aging, dated restaurant she was going to remodel, she thought, “A T-bar grid ceiling! How the heck am I going to deliver this beautiful, elegant restaurant with a T-bar ceiling?” Ironically, this thought sets her apart. All too often, designers pay little if any attention to the ceiling. Jeffers understood the design value of the expansive surface overhead.

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6 Reasons To Invest In A Mobile CRM App

App Institute

Mobile phones are today an integral part of our day-to-day routine because you can use them to do a broad range of tasks from household management to office work. But despite smartphones having such a vital role to individuals, businesses have been slow to adopt mobile gadgets in daily operations. Thanks to mobile CRM apps. Read More. The post 6 Reasons To Invest In A Mobile CRM App appeared first on AppInstitute.

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2024 Payroll Calendar Templates

These calendars provide pay period dates and paydays for biweekly, semi-monthly, and monthly payroll in 2024. Use them as a reminder or share with employees so they can celebrate payday.