Modern Restaurant Management

JUNE 24, 2020

When paired with other products like Square Marketing and Square Loyalty, sellers can strengthen customer relationships, create open lines of communication, and incentivize patrons to keep coming back. Across European markets, Visa is investing to increase the number of digital payment acceptance devices within shops by more than 50 percent.

Guest Recovery 539

Guest Recovery Kitchen Safety Mobile Ordering Food Safety 539

EATER

MAY 31, 2023

It’s waking up very early, heavy lifting, lots of driving, most meals eaten standing up or while driving, not enough sleep, standing at the farmers market for 14 hours at a stretch, and interacting with many wonderful people and dealing with many people who leave much to be desired. How has the pandemic affected your career?

Insurance 246

Insurance Email Marketing Cash Management 2005 246

The Rail

NOVEMBER 11, 2022

Create a winning email script to engage customers and shine a light on other businesses, offering exclusive deals and insight into new offerings each week. Provide the artist's information and post the price of each art piece next to the art, allowing them to sell their art through your restaurant’s gallery.

Social Media 264

Social Media Events Online Ordering Consumer Goods 264

ChowNow

AUGUST 19, 2024

It doesn’t matter how fine-tuned your menu is or how much marketing buzz you have if you’re spending more money than you’re earning. Negotiating with your suppliers for better prices can also make a huge difference. That includes rent, insurance and other utility suppliers as well.

Cash Management 195

Cash Management Management Management Inventory 195

Modern Restaurant Management

JUNE 28, 2024

The main takeaway: It’s led to higher prices and lower foot traffic at many of the state’s dining establishments. “As a result of the minimum wage increase, most chains have raised prices in the region anywhere from the mid-single digits to the midteens,” writes Hottovy. percent lower than the national average.

2024 294

2024 Mobile Ordering White Paper Customer Service 294

EATER

JUNE 28, 2021

A pending amendment to the legislation does include a major concession to the delivery apps: permission to charge restaurants higher fees for “marketing” and “additional services.” Now they have the ability to add marketing [to the bill], so it’s kind of a give.”.

Delivery 264

Delivery Restaurant Law Email Marketing Customer Service 264

Lavu

JUNE 6, 2025

With rising ingredient prices, labor shortages, and tighter margins, operators must find strategic ways to reduce restaurant costs without compromising quality or customer experience. Examples of fixed costs for a restaurant include rent, insurance, and equipment lease payments.

Loyalty Program 78

Loyalty Program Recycling Waste Inventory 78

7 Shifts

SEPTEMBER 16, 2024

No matter the cause, selling a restaurant requires careful preparation and strategy to ensure you get the best price and attract the right buyer. If your business is priced too high, buyers may overlook it. These include location, profitability, market trends, and more. Too low, and you risk leaving money on the table.

2024 195

2024 Document Cash Management Point of Sale 195

Restaurant365

DECEMBER 17, 2019

Recurring restaurant costs would include costs like lease or mortgage payments, employee salaries, food and beverage costs, utilities, insurance and permits. Fixed costs such as insurance, rent, and loan payments do not fluctuate month to month. Marketing costs are also variable and controllable. Marketing Costs.

Point of Sale 120

Point of Sale License Insurance Employee Relations 120

The Food Corridor

SEPTEMBER 14, 2020

For foodservice vendors, food truck operators, manufacturers, market traders, chefs, and caterers who use shared-kitchen facilities, there’s a constant nagging worry that something will go wrong. The way to mitigate the risk is to take out a robust insurance policy. There must be a better way! What the FLIP is the Solution?

Insurance 52

Insurance Food Truck Food Catering 52

7 Shifts

SEPTEMBER 19, 2022

Things get lost when conversations start verbal, go to text, and end up in an email. Email is OK, but if you're thinking of using social media to communicate with employees— don't. When we think about employee benefits, health insurance and retirement (401k) usually come to mind. How do we change our marketing to appeal to them?

Front of House 195

Front of House Back of House Cash Management Customer Experience 195

Restaurant365

JULY 24, 2020

market for online food delivery. According to Statista, a provider of market and consumer data, the market for online food delivery in the U.S. Revenue is expected to show an annual growth rate (CAGR 2020-2024) of 5.1%, resulting in a projected market volume of $32,325m by 2024. Market Your New Channel.

Front of House 147

Front of House Online Ordering Kitchen Safety Customer Service 147

Cheetah

OCTOBER 3, 2020

Now that indoor dining is once again allowed, waitstaff, cooks and sanitation workers are asked to come back to work with no changes to their compensations, health insurance or paycheck. Although diners end up paying the same price for the meal, this might make your menu seem more expensive. Indoor Dining and Social Distancing.

Inventory 78

Inventory Insurance Cash Management Point of Sale 78

Restaurant365

AUGUST 25, 2020

Common fixed costs include: Rent, insurance, and property tax. Marketing and advertising costs. Hold Vendors Accountable to Contract Pricing. Reviewing these numbers frequently can help you hold vendors accountable to the prices they are quoting. Use your creativity to market your restaurant on a limited budget.

Cash Management 97

Cash Management Seasonal Menu Inventory Email Marketing 97

Open for Business

SEPTEMBER 2, 2024

It’s an all-important metric that influences everything from menu pricing to operational decisions and beyond. Overhead costs are fixed costs including rent, utilities, equipment leases, and insurance. Marketing and advertising are fundamental for growth, but restaurants tend to keep these costs to about 3-6% of total sales.

Point of Sale 78

Point of Sale Seasonal Menu Customer Service Inventory 78

SpotOn

MARCH 25, 2024

." That's because determining the cost of opening a restaurant ranks at the top of "most challenging" There are so many variables when it comes to restaurant startup costs that it's impossible to put a single price on it. A healthy monthly marketing budget for your restaurant will be between $250 – $3,000.

License 52

License Insurance Point of Sale Equipment 52

Margin Edge

APRIL 27, 2020

It would be valuable to know if you have new “peak sales days” and potentially an opportunity to drive sales on slower days with targeted marketing. Understanding the food cost per menu item, and what items are your biggest drivers can help make strategic decisions on menu design, marketing and ordering. Menu Changes. Delivery.

Fast Casual 52

Fast Casual Customer Service Delivery Insurance 52

BNG Point of Sale

AUGUST 27, 2021

It is also not an easy one–regardless of the restaurant size and business model–with plenty of competition to contend with while trying to stay on top in terms of the quality food it serves and its prices. Optimize your menu pricing . Traditional marketing is associated with big dollar signs.

Point of Sale 52

Point of Sale Social Media Customer Service Online Ordering 52

Open for Business

DECEMBER 12, 2023

The short answer is, it varies wildly depending on your market, concept, space, and a host of other considerations. Take the time to research what investors in your market typically like to see in deals. But remember, those numbers vary depending on the market, economic conditions, and the particulars of your business.

Back of House 78

Back of House Restaurant Law Small Business Email Marketing 78

The Restaurant Times

AUGUST 5, 2022

You can also regulate the price of your menu items once you know exactly how much each meal has cost in preparation. Keeping an accurate track of the COGS helps you regulate the pricing of food items. This includes the rent, property insurance, property taxes, and other utilities. . Key Restaurant Accounting Metrics.

Cash Management 52

Cash Management Point of Sale Inventory Employee Relations 52

Sante

OCTOBER 21, 2019

Day 3, Monday, May 4th: Catania Market and Cooking Class We have a great day in store for you! We will be greeted by my chef friend Loradana who will give us a tour of the Cantania Market, one of the best and craziest daily markets in Sicily. Per person price USD $4,595.00. Price includes: Bus service for the days listed.

Email Marketing 176

Email Marketing Hotels Travel 2000 176

7 Shifts

FEBRUARY 26, 2021

It also allows you more control over your delivery pricing, such as splitting costs with the customer, charging a fee to cover it, or offering free delivery over a certain amount. With those logistics handled, “you can really just focus on the marketing and branding, connect with your guests, and running the kitchen," says Landers.

Online Ordering 341

Online Ordering Ordering Customer Service Delivery 341

Modern Restaurant Management

AUGUST 16, 2021

The shortage of workers is putting upward pressure on wages and other labor costs, as some operators are offering signing bonuses and extra benefits to be more competitive in a tight job market. Government data provides evidence that restaurants are raising menu prices to help offset higher labor costs. QSR Marketing Forecast.

2021 450

2021 Guest Recovery 2019 Point of Sale 450

Modern Restaurant Management

JULY 27, 2020

As the weather gets warmer people are turning to public markets (up 73 percent) to do their shopping, as well as flea markets (up 28 percent) and outlet stores (up 13 percent). and international markets. Franklin Junction are expanding availability to consumers nationwide by announcing a new agreement with Grubhub.

Franchise 443

Franchise Franchising Mobile Ordering Kitchen Safety 443

EATER

MAY 29, 2020

As a former trader, as someone who follows markets and who looks at statistics and enjoys that aspect of the hospitality business in order to provide better hospitality to optimize operations and all those things, I very quickly extrapolated it to my own restaurants, to the Alinea group. DG: And the normal price? NK: A 49.95.

Back of House 208

Back of House Kitchen Safety Email Marketing Food Safety 208

EATER

MAY 11, 2021

When I reopened Eight Tables, I lowered the price to $175 per person for 10 courses and everybody else raised their prices. We brought it back to the old price of $225, but it’s a different feel. When you’re opening in San Jose and you’re opening in different cities, has that been a separate marketing campaign?

Fine Dining 264

Fine Dining Back of House Travel Kitchen Safety 264

SpotOn

DECEMBER 30, 2024

But many owners don't account for the high fixed costs of bars —like repairs, insurance, and alcohol theft which can leave them with less profit than expected. Pricing structures should be transparent with no hidden or junk fees. Otherwise, it's just guesswork and you're probably losing money. Innovative.

Operations 52

Operations Loyalty Program Online Ordering Fast Casual 52

Open for Business

NOVEMBER 21, 2022

If you run a steakhouse and launch a burger ghost kitchen at a much lower price point you are now serving a whole new type of guest. It’s definitely something you should consider as you think about the kind of food you want to offer and set the prices. Get the right permits, insurance, licenses, and certifications.

Social Media 78

Social Media Email Marketing Delivery Food Truck 78

EATER

JULY 6, 2022

Hundreds of teachers adopted the program, carrying Stone Barns’ message beyond its tony Pocantico Hills campus — in 2016, it noted that the “vast majority of participating students come from economically disadvantaged communities, with 72 percent qualifying for free or reduced-price school lunch.”. Stan Honda/AFP via Getty Images.

Agriculture 246

Agriculture Education Leadership Employee Relations 246

Gourmet Marketing

JANUARY 29, 2021

It starts with marketing. You need to market all of the precautions you are taking. Send out an email blast that shows your guests you are taking their health and safety seriously. Travel Insurance. Travel insurance is on the rise. You can also build the costs into the price of the rooms. Cleaning Standards.

Travel 40

Travel Hotels Insurance Email Marketing 40

EATER

AUGUST 22, 2022

While hawking pierogies at farmers markets, in May 2010, she began a series of supper clubs called One Sister to refine the skills and knowledge she had accrued in the fine dining world. The chef mumbled something about pet insurance, and they began discussing daily life minutiae. You want to see a menu?”. “We

Fine Dining 264

Fine Dining 2012 Reference 2016 264

Modern Restaurant Management

MAY 5, 2020

Engage Acquires Boston Market. Boston Market® was acquired by Engage Brands, LLC, one of the Rohan Group of Companies, owned by real estate investor and restaurant operator, Jignesh (Jay) Pandya of Bucks County, Pennsylvania. This will help users discover carefully curated lists of relevant, open businesses.

Guest Recovery 307

Guest Recovery Food Safety Loyalty Program Point of Sale 307

EATER

FEBRUARY 4, 2025

Getty Images Bird flu outbreaks have caused egg prices to rise, forcing some restaurants either adapt recipes or raise menu prices Toward the end of 2024, James Wong of the San Francisco bakery Breadbelly was already mentally preparing for his egg prices to go up: They also spiked at the end of 2022 and 2023 , due to nationwide bird flu outbreaks.

2023 288

2023 Food Supply Pricing 2024 288