Sat.Oct 22, 2022 - Fri.Oct 28, 2022

As Inflation Rises, Restaurants Look to Gift Cards to Attract Newly Cost-Conscious Consumers 

Modern Restaurant Management

Recent economic data forecasts a stormy season ahead for restaurant owners. Inflation in the U.S. is holding around eight percent, which is causing the cost of eating out to rise alongside price increases for everyday items such as gas and groceries. As business owners know well, when inflation rises consumers often cut discretionary spending. For restaurants, this presents a challenge: How can you keep attracting customers to your restaurant when consumer purse strings tighten?

10 Cash Flow Management Best Practices for Restaurants

Lavu

No matter what the size of your business, one truth remains: cash flow is king. It’s the lifeblood of your business. Yet, while most small … 10 Cash Flow Management Best Practices for Restaurants Read More ». The post 10 Cash Flow Management Best Practices for Restaurants appeared first on iPad Point of Sale System for Restaurants, Bars & More. Menu Ideas, Marketing and More restaurant cash flow

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CHEFS – ARE YOU READY FOR WINTER

Culinary Cues

More than anything else, when I was in restaurant kitchens I looked forward to planning and testing the next set of menu changes. A stale menu is not cost effective, ignorant of quality issues with ingredients, uninspiring for employees, and just plain boring.

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Are acquisitions becoming more common in the coffee industry?

Perfect Daily Grind

Acquisitions are commonplace in all kinds of industries around the world, and the coffee sector is no exception. In recent years, we’ve seen a growing trend of multinational coffee brands acquiring specialty coffee shop chains and roasters. Many are wondering if this market consolidation is the beginning of a wider change for the industry, and if specialty coffee may soon become dominated by a few holding companies, rather than being spread between a much broader range of brands.

2022 88

Employee Open Enrollment Letter Template

When it comes to benefits, communication is critical. To help you easily explain your offerings at open enrollment, Paycor created an open enrollment sample letter (and a few tips). Download this free Employee Open Enrollment Letter Template today.

The History of Tipping in Restaurants: The Complicated Past, Present, and Future

7 Shifts

When you dine out at a restaurant, you tip your server. It's the expectation and an essential part of how restaurant workers earn a living. A guest's tip subsidizes wages for most of America's restaurant workers. It's a reality that only exists in North America—the United States and Canada.

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How Restaurants Can Protect Their Business and Customers from QR Code Fraud

Modern Restaurant Management

As our world becomes increasingly digitized- with the rise of food delivery services, QR Code Menus and online orders- it's more important than ever for restaurant owners and employees to become familiar with the latest threats to their business.

How To Ensure Restaurant Profitability When Inflation Is High [Use These 5 Tactics To Dampen Price Increases] 

Apicbase

If CoGs and overheads rise due to inflation, your menu prices should follow. It’s as simple as that. Otherwise, your margins shrink, and your working capital disappears. Or worse, you’ll make a loss. But before adding a flat 5% to each menu item, use these tactics.

What to Look for in Inventory Management Software for Restaurants

Sculpture Hospitality

So, you have decided to improve your restaurant inventory management strategy. That’s great! Inventory management can help provide better insights, reduce waste, save time and improve your bottom line. Restaurant Inventory

Why We Can’t Get Enough of Celebrities Behaving Badly at Restaurants

EATER

Photo by Neil Mockford/GC Images. They are not, in fact, just like us! Over the last week or so, there’s been an onslaught of intensely juicy stories centered around celebrities behaving badly at restaurants.

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The Ultimate Playbook for Automating Restaurant Operations

Restaurants are operating with 6.2 fewer back-of-house employees and 2.8 fewer front-of-house employees. Learn what thriving brands are doing to address labor shortages, streamline operations, and maximize efficiency, all while increasing their bottom line.

The Adventures of Tippy the Tip Jar

7 Shifts

The little scamp that’s full of change! Follow the comic adventures of Tippy the sentient tip jar as they get into mischief and misadventures all to do with tipping. Scripted by Daniel Dalman. Illustrated by Kate Miller ( @kateandtheworld ). Tippy finds out there's no such thing as a free rescue.

2022 195

Connectivity Puts the ‘Connect’ in Customer ‘Connections’

Modern Restaurant Management

The last couple of years have proven that digital experiences will continue to play a central role for quick-service restaurant (QSR) operators. Luckily, QSRs have no shortage of technologies at their disposal to help them achieve the sort of customer personalization that drives profits.

WHY A 27-UNIT SPORTS BAR MOVED TO AUTOMATE FOOD LABELING

Transact

Originally posted on qsrmagazine.com. Taco Mac, a 27-unit sports bar based in Atlanta, has designs to grow within Georgia, and into other states. Jason Everett, vice president of operations, reports that Taco Mac is on track to open five restaurants per year for the foreseeable future.

Sports 124

Restaurant Sales Hold Strong in September 2022 Despite Persistent Decline in Guest Counts

Black Box Intelligence

All growth numbers are year over year unless specified. Best and worst performing region, segment and cuisine is based on same-store sales growth.

2022 78

10 Ways to Keep Your Hourly Employees

Getting and keeping hourly workers is no longer as simple as offering them more cash. Employees have options. But this guide from Paycor will help you put your best foot forward to recruit, retain, and develop hourly workers so you can remain competitive.

Coffee News Recap, 28 Oct: Flat whites could hit £4 in the UK, former Luckin Coffee CEO launches new Cotti Coffee chain in China & other stories

Perfect Daily Grind

Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the previous week. Here are this week’s stories. Mon, 24 Oct. Blue Bottle Coffee launches new Craft Instant Espresso.

Mitigating the Impact of Rising Interchange Fees

Modern Restaurant Management

While using credit cards is a convenience for consumers, this form of payment represents a major cost center for restaurants. In fact, credit card processing fees rank as the third highest cost of doing business behind the cost of food and labor.

Montepulciano d’Abruzzo

A Wine Story

Montepulciano d'Abruzzo. Montepulciano d’Abruzzo Masterclass in New York. Very exciting to attend the Simply Italian Great Wines US Tour happening in New York, Chicago, and Los Angeles.

2022 101

Food Trends to Follow on TikTok

Restaurant Engine

TikTok is a great place for people who like to make food videos. As a restaurant owner or manager, you know how important social media is to your overall marketing strategy. With the ever-growing presence of TikTok, this is one platform you want to start paying attention to if you aren’t already.

2022 87

Scheduling Headaches? AI Can Solve Them

Machine learning proves to be effective for predictive scheduling and empowers employees by giving them more control over their lives and schedules. Download this guide to find out more!

How can coffee roasters design an appealing and efficient roasting space?

Perfect Daily Grind

For many roasters, designing a roasting space is one of the first steps to consider when getting started. There are a number of factors to account for when designing a roastery – including storage space for green and roasted coffee, the size of the roaster, ventilation systems, and so on.

Design 119

Four Ways to Build More Effective Restaurant Leadership

Modern Restaurant Management

The modern restaurant and foodservice industry are facing the most challenging restaurant landscape in decades.

What Is a Corkage Fee? | A Guide for Restaurant Owners

Sling

If your restaurant offers bring-your-own-beer (BYOB) or bring-your-own-wine (BYOW) service, you may want to charge a corkage fee. What does that entail? Why would you do it in the first place, and what would you charge?

Restaurant Finances: Trends Every Restaurant CFO Should Get Ahead of in 2023

Black Box Intelligence

Hospitality leaders have been put through the wringer the past few years, especially when it comes to restaurant finances.

2023 65

7 Ways To Avoid Today's HR Compliance Risks

With remote work on the rise, salary history bans in effect, and Fair Workweek laws passed, HR compliance has become more challenging. Discover the 7 most prominent HR compliance hurdles of today, and learn how to avoid them detailed in Paycor’s recent guide!

Exploring coffee production in Sierra Leone

Perfect Daily Grind

Sierra Leone, a West African country which borders the Atlantic Ocean, Liberia , and Guinea, is mostly known for its cocoa production, rather than growing coffee. Between the 1960s and 1980s, Sierra Leone produced around 20,000 tonnes of coffee per year.

2022 144

Chefs Dish on Black Comedy

Modern Restaurant Management

"The Menu" hits the screens next month and chefs are already dishing about the black comedy focused on fine-dining. Here are what some shared with us. Chef Jason Herandez – Corporate Director of Food & Beverage at Encore Resort at Reunion (Orlando, FL). "After

2022 113

What Makes Your Company Unique?

Gecko Hospitality

Marketing and advertising is the cornerstone of every hospitality business. Playing no small role in marketing endeavors is hospitality branding. Hospitality branding is more than a company logo on stationary, signage, menus and even napkins. It’s also more than the name of your company.

Key Workforce Changes Needed to Build a Top Performing Team

Black Box Intelligence

If you look closely at your restaurant operations, nestled deep within your positive sales growth is a top performing team. What makes a restaurant workforce ‘top performing’? We often focus on the health of the business, and as a result, overlook the health of our team.

2022 80

Using AI to Test Innovative Restaurant Employee Communication and Scheduling Models

AI technology is helping restaurateurs rise to complex labor challenges and laws with machine learning solutions that improve working conditions for staff, leading to happier employees who stay onboard and bring their best to work.

A guide to the Ruiru 11 coffee variety

Perfect Daily Grind

According to the International Coffee Organisation, Kenya produced 775,000 60kg bags of coffee in 2020 – making it Africa’s fifth-largest coffee growing country that year. However, production volumes have been steadily declining in recent years for a number of reasons.

2022 123

Everyone Is Feeling the Impact of Inflation

Modern Restaurant Management

Restaurants and customers are feeling the effects of inflation, according to the third quarter 2022 data for the Yelp Economic Average (YEA) report, The report reveals that inflation experiences have intensified for consumers in every state in the U.S.

2021 113

What is a restaurant CRM and why it matters for your business

Open for Business

Restaurants are only as successful as their relationships with guests. That’s why more restaurant owners are turning to restaurant CRM (customer relationship management) software to deliver better dining experiences.