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How Restaurant Operators Can Harness the Power of POS Data Analytics

Modern Restaurant Management

By investing in a data-driven POS platform, restaurant operators can address labor challenges, fine-tune their stock management, design promotions based on current trends, reduce human error and more. This shift underscores the evolution of POS systems from mere transactional tools to comprehensive data hubs.

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Restaurant Bookkeeping: Comprehensive Guide to Master Bookkeeping

7 Shifts

On a similar note, when searching for a modern cloud-based POS system to keep track of your sales, look for one that can be integrated into other restaurant software. Some of the best POS systems you can try include Toast, TouchBistro, and Square. Doing so helps measure how efficiently your restaurant is using its inventory.

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15 Restaurant Metrics to Know and How To Use Them

7 Shifts

Numbers can give us insights into everything from profits and losses to average customer spend to how often employees cycle through. Inventory turnover ratio. Employee turnover rate. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. Break-even point.

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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

In this guide, we'll go through everything you need to open a new coffee shop, from market research to buying coffee to hiring the best team. Staffing: Find, Hire, and Schedule. List all employees and partners. If you're serving food at your coffee shop, your employees should complete a food handler's course.

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How To Hire Cooks For Full-time Overnight Operations In USA

The Restaurant Times

To thrive in the restaurant business in the USA, you need to hire cooks and create a talented culinary team that can create exceptional cuisines. You might be wondering, how to hire a cook for rush hours, that too at night? You might be wondering, how to hire a cook for rush hours, that too at night? How To Hire Night Cooks? .

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Essentials of Payroll Accounting for Restaurant Groups, Part 1

Restaurant365

From hiring and onboarding to running employee payments and paying taxes, payroll touches on many different parts of a restaurant business. Your restaurant orders, receives, and counts food all in one system: your inventory management software. You receive time in your Point of Sale (POS) system.

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The 4 Restaurant Automation Tools Your Restaurant Needs Now

Lavu

Hiring challenges and staff shortages have forced many restaurants to do more with less. The 2022 State of the Restaurant Industry found that 70% of operators do not have enough employees to support customer demand. You can access these features easily with the right POS system. #1) Display screens are a part of a POS system.