Open for Business

OCTOBER 20, 2023

Quick links Market research and business plan Location and layout Budgeting and costs Licenses and legal requirements Creating the menu Staffing Technology and systems Marketing and branding Opening your restaurant Market research and business plan Market research and crafting a solid business plan are foundational steps in opening a restaurant.

License 78

License Email Marketing Seasonal Menu Front of House 78

BNG Point of Sale

OCTOBER 13, 2021

Real-time, easy-to-change readings of stock, pricing and customers and employee statistics improve sales performance. A POS targets pinpointed messages that match customer interests, thus aiding marketing initiatives, including gift cards and loyalty programs. There are a wide array of options on the market today.

POS 52

POS Loyalty Program Point of Sale Cash Management 52

7 Shifts

MAY 23, 2024

During this time, your customers scan the menu, go through the descriptions, and review the prices before deciding. It can also be a great step to creating more accurate inventory management! Check your menu pricing Did you know that 35% of diners consider price to be the second most important factor when choosing a restaurant?

Social Media 195

Social Media Loyalty Program SEO Email Marketing 195

Mad Mobile

FEBRUARY 29, 2024

In a food-focused model, things move slower, and the diner’s experience is the most important thing.  The best POS for your bar allows you to run open tabs, split checks, and track your inventory. Beyond that, they can adjust pricing throughout the day, store recipes for your staff, and let you know who’s pouring heavy.

POS 40

POS Bar Brewery Customer Service 40

Open for Business

NOVEMBER 21, 2022

Better yet, it can send email and text confirmations without restaurant staff ever picking up the phone. Use pre-shift reporting and digest emails, filled with important information about guests and reservations for the upcoming shift to prepare for the night or afternoon ahead. It can sync with a loyalty program.

Technology 147

Technology Front of House Back of House Online Ordering 147

Restaurant365

JUNE 4, 2021

Investing in marketing is a long-term strategy, but consistent effort can provide rewards. You can potentially explore digital marketing through targeted social media ads or online search results ads. If you haven’t yet started a loyalty program, consider implementing one. Tracking inventory invoices is key.

Loyalty Program 78

Loyalty Program Point of Sale Inventory Customer Service 78

BNG Point of Sale

OCTOBER 13, 2021

For example, the software reports allow you to examine store sales in various ways and assist with inventory management—purchasing the correct number of items you need in a more timely manner. All of this can be integrated into your accounting and inventory software if you’re willing to spend the money.

POS 52

POS Point of Sale Cash Management Loyalty Program 52

Modern Restaurant Management

DECEMBER 21, 2020

Chris Prociv, VP Marketing & Innovation at La Brea Bakery. We’ve also noticed the increased importance of loyalty programs at times like this. During the start of the pandemic, data show that sales from loyalty program customers dropped off more slowly and ultimately recovered faster than anonymous ones.

2020 197

2020 Kitchen Safety Food Safety Loyalty Program 197

Sling

AUGUST 9, 2023

A Guide for Managers March 2023 12 Best Restaurant Schedule Software Programs for Small Businesses March 2023 11 Expert Tips for Handling Scheduling Conflicts March 2023 Exempt Vs. Non-Exempt Employees: What’s The Difference?

Article 78

Article 2023 2022 2021 78

BNG Point of Sale

OCTOBER 8, 2021

In addition to chip cards and credit cards, they also process ACH payments at a lower price than credit card fees. Additionally, it logs cash payments and honors gift cards and loyalty deals which aid customer conversion. Immediate Access to Inventory. Access to inventory quickens the shopping and purchasing process.

Retail 52

Retail POS Mobile Ordering Cash Management 52

Restaurant365

NOVEMBER 19, 2019

Managing complex, rotating inventory. Restaurant inventory management involves a large number of moving pieces, many of which are “temporary” compared to other retail businesses. Ingredient costs are one of a restaurant’s largest expenses and managing inventory accurately can be difficult.

Operations 92

Operations 2020 Mobile Ordering Social Media 92

Bingage

NOVEMBER 18, 2019

Offering Combos in trend now, it is shown in the study that combos deal attract customers, The attractive prices that you offer on a combo offer will give the result of increased sales of multiple products at once. Personalised marketing campaigns can go well, offer personalised vouchers to your loyal customers to make them feel special.

Loyalty Program 81

Loyalty Program Social Media Email Marketing Advertising 81

BNG Point of Sale

SEPTEMBER 8, 2021

POS stands for point of sale, and it is a sale software suite that manages money, inventory, and business transactions. POS systems were introduced in the 1970s, when cash registers evolved into computerized POS terminals that could perform additional functions, like credit card processing and advanced inventory control features.

POS 52

POS Cash Management Point of Sale Loyalty Program 52

Restaurant365

DECEMBER 17, 2019

Marketing costs are also variable and controllable. You may also focus building a relationship with vendors, which may enable you to negotiate better contract prices. However, the biggest factor in controlling food costs is improving your inventory management. Marketing Costs. Restaurant Food Costs.

Point of Sale 120

Point of Sale License Insurance Employee Relations 120

Restaurant365

DECEMBER 4, 2020

Understanding this break-even number, which is based on your operating expenses, informs everything from your staffing decisions to adjustments in inventory. This approach has been challenging for restaurants in particular, who have labor and inventory that can be difficult to adjust quickly. Managing rotating inventory.

2021 78

2021 Operations Mobile Ordering Social Media 78

BNG Point of Sale

OCTOBER 7, 2021

A point of sale (POS) system is a combination of restaurant software and hardware for placing orders, and monitoring sales and cashflow, as well as tracking stock and pricing information to aid in restaurant performance. Gift card and loyalty program capabilities keeps customers coming back. Gift card and loyalty benefits.

Point of Sale 52

Point of Sale 2021 POS Loyalty Program 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 . Today, profit margins have shrunk to between 4% and 7%. .

Point of Sale 52

Point of Sale Social Media Customer Service Online Ordering 52

Cheetah

SEPTEMBER 23, 2020

Pricing (monthly) $89 - $899 $199 $248 $199 - $699 Online. To help our restaurant partners reopen, we’ve extended price cuts through March 2021 and added new features to make it easier for restaurants to respond quickly to policy changes and get back online”. This relief program has ended. Tock: Driving Prices Down.

Reservations 78

Reservations Website Management Online Ordering Mobile Ordering 78

Cheetah

SEPTEMBER 23, 2020

Pricing (monthly) $89 - $899 $199 $248 $199 - $699 Online. Tock: Driving Prices Down. In this article, we compare 4 of the best reservation systems out there to help you make the right choice for your restaurant. Resy OpenTable Yelp Tock. Restaurant Reservation Systems Overview. Platform >> Resy OpenTable Yelp Tock.

Reservations 78

Reservations Website Management Online Ordering Mobile Ordering 78

Notch

JANUARY 23, 2019

You can find the cheapest place to purchase food—but you can’t control the weather conditions, or gas prices that may cause food prices to rise. Shifts in the real estate market can raise rent. Conduct daily inventories. Monitor your menu Make sure you’re pricing your menu to maximize gains. Trends can change.

Email Marketing 72

Email Marketing Merchandise Website Management Point of Sale 72

Notch

JANUARY 23, 2019

You can find the cheapest place to purchase food—but you can’t control the weather conditions, or gas prices that may cause food prices to rise. Shifts in the real estate market can raise rent. Conduct daily inventories. Monitor your menu Make sure you’re pricing your menu to maximize gains. Trends can change.

Email Marketing 52

Email Marketing Merchandise Website Management Point of Sale 52

7 Shifts

JANUARY 10, 2024

RMSes vary widely in terms of features and functions, but most include point of sale (POS), inventory management, staff management, payroll, employee scheduling, and more. These systems offer a unified solution for sales, inventory, and customer management. Monitoring and addressing employee performance is easier with an RMS, too.

Management 195

Management Management Point of Sale POS 195

7 Shifts

JANUARY 10, 2024

RMSes vary widely in terms of features and functions, but most include point of sale (POS), inventory management, staff management, payroll, employee scheduling, and more. These systems offer a unified solution for sales, inventory, and customer management. Monitoring and addressing employee performance is easier with an RMS, too.

Management 195

Management Management Point of Sale POS 195

7 Shifts

FEBRUARY 8, 2024

Apple | Android Team Communication The Team Communication tool from 7shifts fixes the chaos of disconnected conversations, text threads, and email chains that seem to go nowhere. You’ll also gain powerful data into your guests’ behavior and preferences, which you can feed back into your marketing efforts or your loyalty program.

Operations 367

Operations Management Management Mobile Ordering 367

7 Shifts

FEBRUARY 8, 2024

Apple | Android Team Communication The Team Communication tool from 7shifts fixes the chaos of disconnected conversations, text threads, and email chains that seem to go nowhere. You’ll also gain powerful data into your guests’ behavior and preferences, which you can feed back into your marketing efforts or your loyalty program.

Operations 352

Operations Management Management Mobile Ordering 352

Apicbase

FEBRUARY 29, 2024

Food costs increased in 2023: according to one survey, 60% of operators reported that all or most suppliers raised their prices , up from 50% in 2022. Most operators raised their menu prices in 2023, but fewer expect to do so in 2024. Although revenue went up (thanks to higher prices), profits went down due to high food costs and debt.

2024 52

2024 Operations 2023 Loyalty Program 52

7 Shifts

FEBRUARY 7, 2024

Delivery, scheduling, inventory management, reservations, and guest management have seen technological advancements over the past few years, and it's just the beginning. Better team communication: Say goodbye to endless text threads, email chains, and whatever other inefficient methods your team uses to negotiate schedules.

Technology 312

Technology Mobile Ordering Social Media Online Ordering 312

SpotOn

MARCH 4, 2024

Most legacy POS systems lack contemporary software and integrations easily found in modern POS systems, such as nuanced inventory management, tip management, and automatic payroll. These POS systems tend to have tedious manual data entry for their items, meaning changing menu prices or managing inventory is time-consuming.

Small Business 52

Small Business POS Cash Management Point of Sale 52

Mad Mobile

MARCH 8, 2024

In the Mobile POS Payments market, the number of users is expected to amount to 101.10m users by 2028. You may also have access to their email, address, and phone number. They can tip and even leave a quick review before having their receipt emailed or messaged to them. Check out the full features of each program to compare.

POS 40

POS 2024 Mobile Ordering Loyalty Program 40

Restaurant Clicks

FEBRUARY 17, 2020

A good point of sale system can help streamline your restaurant’s processes, from payments to inventory and much more. Modern point of sale systems have an even broader range of capabilities, from inventory tracking to sales reports and much more. . Inventory management. Marketing & CRM. Loyalty programs.

POS 78

POS 2020 Point of Sale Loyalty Program 78

Lavu

MARCH 11, 2020

Whether you are looking for effective inventory management software or just a POS system for your business, restaurant management software is something you cannot afford to miss. They come with tools used to track inventory, restaurant orders, payroll, and analytics. This includes inventory needs, sales, employee turnover, and more.

Management 78

Management Management Cash Management Mobile Ordering 78

BNG Point of Sale

OCTOBER 13, 2021

The software tracks and organizes your store’s information—all at an affordable price. Convenience store POS software integrates sales data from registers into inventory management systems as part of these software key features. .” Customer Loyalty Program Integration. Better Inventory Management.

POS 52

POS Point of Sale Loyalty Program Inventory 52

BNG Point of Sale

APRIL 22, 2020

Handheld POS devices track inventory. Organize your approach to making and serving the best food in your neighborhood with the best point of sale software on the restaurant market. That’s right, implementing or renovating an existing loyalty program becomes easier than ever with the use of a handheld point of sale system.

POS 86

POS Loyalty Program Point of Sale Mobile Ordering 86

Apicbase

MARCH 28, 2024

The F&B director works with the order forms, the COO analyses the profit and loss statements, the inventory manager checks the stock counts, the executive chef works in the recipes database and so on. All come with their own data sets and metrics – food cost, inventory variance, sales numbers, the list goes on.

Management 52

Management Management Point of Sale Kitchen Safety 52

The Restaurant Times

NOVEMBER 30, 2021

If you are aware of what kind of technology you need and where to implement it, you can notch up sales even if you are new to the market. Regardless of your bakery’s size, how you handle operations like order processing and inventory management may make or break your business. . Why Do You Need Bakery Software?

Loyalty Program 52

Loyalty Program POS Point of Sale Inventory 52

The Restaurant Times

FEBRUARY 10, 2022

Inventory Management Module. Inventory management is one of the indispensable aspects of restaurant management. Introducing automation to inventory management is proven to reduce inventory costs due to wastage in the back- and front-of-the-house. Thus, a cloud POS is more flexible and adaptable. Detailed Reports.

POS 52

POS 2022 Loyalty Program Inventory 52

BNG Point of Sale

APRIL 22, 2020

Handheld POS devices track inventory. Organize your approach to making and serving the best food in your neighborhood with the best point of sale software on the restaurant market. That’s right, implementing or renovating an existing loyalty program becomes easier than ever with the use of a handheld point of sale system.

POS 52

POS Loyalty Program Point of Sale Mobile Ordering 52