Restaurant365

MARCH 10, 2020

When you think of your restaurant finances, do you think of your inventory? Your restaurant inventory management is an oft-forgotten component of your finances, but the amount of product you have on hand represents a large part of your budget. What is Restaurant Inventory Management? Sitting Inventory.

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Inventory Management Management Waste 103

Lavu

DECEMBER 12, 2022

If you’re looking for an affordable and simple way to process sales at your business, you can find everything you need in an iPad POS system. An iPad POS system allows you to run your business from a sleek and modern iPad tablet. iPad POS systems are convenient, portable, and fast.

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POS Point of Sale Mobile Ordering Cash Management 60

Modern Restaurant Management

MARCH 9, 2022

Upgrade inventory and ordering systems with the latest technology. Proper inventory management is essential to decreasing food waste and saving related expenses. a POS system, predictive ordering technology) to accurately predict what products you’ll need to order based on historical patterns. Train your staff.

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Waste Compost Food Recycling 215

Restaurant365

AUGUST 4, 2020

You invest a large amount of your budget in inventory. When that inventory is wasted, stolen or spoiled before it’s sold, it must be written off as an expense in the books. Integrating inventory management with accounting facilitates better inventory control. What is restaurant inventory management?

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Inventory Management Management Cash Management 78

Restaurant365

MARCH 10, 2020

When you think of your restaurant finances, do you think of your inventory? Your restaurant inventory management is an oft-forgotten component of your finances, but the amount of product you have on hand represents a large part of your budget. What is Restaurant Inventory Management? Sitting Inventory.

Inventory 78

Inventory Management Management Waste 78

Modern Restaurant Management

DECEMBER 21, 2023

This may make sense in terms of distributor strategy, but BrewLogix is raising a cautionary flag for 2024 as it relates to the on-premise product mix. As it relates to technology, there’s no question more and more tap rooms, bars and restaurants are embracing technology. That may not be true.

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2023 2024 Insurance Employee Relations 123

The Restaurant Times

JUNE 11, 2021

Handling inventory, staff and customers, along with keeping track of analytics and reports all at the same time can become cumbersome for the restaurant manager. A good POS system for restaurants contains features such as tablet billing, stock and inventory management, analytics and reports, CRM and many others. Let us see how.

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POS Mobile Ordering Loyalty Program Online Ordering 52

Modern Restaurant Management

JANUARY 8, 2024

Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour. To tackle this pressing issue effectively, businesses must invest in staff training and development, vital for retaining and upskilling their existing workforce.

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2024 Loyalty Program Cash Management Customer Experience 215

Restaurant365

OCTOBER 15, 2021

With the help of actionable data and reporting, store managers can help control labor costs, without negatively impacting the customer experience or employee retention rates. Here are a few helpful labor cost terms, along with how they are related to your total labor cost. Hourly Employees. Salaried Employees.

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Management Management Point of Sale Employee Relations 148

Restaurant365

JANUARY 11, 2022

With POS integration, you can easily access information like total daily sales, check count and labor data. With an automated manager log, you can view your restaurant’s performance metrics, tasks, logs, accounting transactions, and scheduled employees — all in one report. Optimize employee productivity using a manager log.

Management 158

Management Management Employee Relations Communication 158

Lavu

MARCH 13, 2020

Your team of employees can only do so much with what they’re given, so you might consider improving their modes of communication. Not only will your employees be more efficient on the job, but they will also appreciate how easy it is to perform well. Update to Mobile POS System. Schedule Your Staff According to Business Needs.

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FOH Mobile Ordering BOH Front of House 78

Restaurant365

JANUARY 11, 2022

With POS integration, you can easily access information like total daily sales, check count and labor data. With an automated manager log, you can view your restaurant’s performance metrics, tasks, logs, accounting transactions, and scheduled employees — all in one report. Optimize employee productivity using a manager log.

Management 142

Management Management Employee Relations Communication 142

The Restaurant Times

JUNE 1, 2022

A restaurant accounting system keeps track of all essential restaurant financial transactions, makes a finalized report, collects tax-related information, and summarizes it all for you. . You can choose a POS software with financial and report analyzing features. It keeps track and records timings of all sales and employee needs.

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Operations Cash Management Employee Relations POS 52

The Restaurant Times

AUGUST 10, 2020

Restaurant inventory is readily prone to contamination, theft, and pilferage which adds to the overall costs. Therefore, it is essential to keep a keen eye on the inventory to ensure that there is no wastage or unnecessary expenses. Mentioned below are some vital inventory s that must be looked for. . Perpetual Inventory Form.

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Inventory Operations Waste Uniforms 52

Restaurant365

OCTOBER 30, 2020

It touches everything that is critical to the restaurant running smoothly, from how you schedule your staff to properly managing your inventory. Daily issues with your inventory control can lead to food waste levels that skew your monthly margins. Manage Restaurant Food Inventory. Reduce Your Food Cost.

Operations 78

Operations Management Management Inventory 78

The Restaurant Times

AUGUST 26, 2022

POS System. Over the last few years, the POS system has become the most powerful form of restaurant management software for the restaurant industry. With the advancements in the technology field, the bulky table top POS systems are fast shifting to handy tablets, such as iPads, becoming more portable.

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2022 Management Management Loyalty Program 69

7 Shifts

MARCH 27, 2020

Consider things like merchandise sales, inventory sales, or private cooking lessons. Can you give dine-in related employees other tasks to do that will benefit your business and ensure that they don’t lose their income? If your restaurant must close completely, are there any other ways that it can generate revenue?

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Social Media Restaurant Law Employee Relations Communication 312

Restaurant365

DECEMBER 11, 2020

Automating this process with a restaurant-specific inventory management system can help you quickly identify vendor pricing errors. Then, tracking the usage and yield of each item on the master inventory list, you can calculate the cost of your recipes and menu items. Focus on attracting, hiring and retaining the right employees.

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2021 Cash Management Management Management 136

Modern Restaurant Management

DECEMBER 21, 2022

We will continue to evaluate tech solutions and find what best enhances the Fogo experience for both our guests and employees. In 2023, we can anticipate businesses really focusing in on value and doing what they can to attract and retain both employees and guests. Slow movers tie up inventory -and the cash needed to by that inventory.

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2023 Loyalty Program Mobile Ordering Customer Experience 197

Restaurant365

AUGUST 19, 2020

For food service and hospitality in particular, an essential part of the guest experience is the interaction with employees. In addition, in the age of social media, your labor practices and HR policies are under closer scrutiny than ever by both your employees and the public. Design an employee onboarding process.

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Restaurant Law Recruiting Employee Relations Food Safety 131

The Rail

JANUARY 19, 2023

Electric Vehicle Fleets Many restaurants have a fleet of vehicles for deliveries, marketing purposes, and other restaurant-related business. Simply put, a cloud-based POS system doesn’t keep your employees hovering over the only three functional POS systems in your establishment. Another disadvantage could be cost.

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Social Media Fast Casual Fine Dining Food 59

BNG Point of Sale

SEPTEMBER 2, 2021

This blog post will go over the typical restaurant overhead costs and expenses, including rent, utilities, labor wages for employees, licenses and permits, food cost percentages, and more. Operating expenses, which are not related to production, are overhead costs. What Are Overhead Costs And Expenses? . Salaries . Property taxes .

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Employee Relations License Point of Sale Food Supply 52

Restaurant365

APRIL 19, 2022

How to manage labor cost is a challenge that all restaurant operators face daily as many restaurant businesses are forced to offer more competitive wages, benefits to hourly employees and other concessions to attract more employees from the shrinking applicant pool. Total Labor Cost. Labor Cost Percentage. Sales Per Labor hour (SPLH).

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Point of Sale FOH Front of House Back of House 78

Modern Restaurant Management

JUNE 2, 2021

More importantly, we are going to see a stronger first party connection between restaurants and their guests, one that is more personalized–and therefore more satisfactory, as well as better experiences for restaurant employees who have a real opportunity to redefine the role of service. So what exactly does this future look like?

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Back of House Customer Experience Front of House Customer Service 197

The Restaurant Times

MARCH 10, 2022

Possessing multiple professional and interpersonal skills, a restaurant manager is the leader of the team of employees at the restaurant. Sometimes, they have a helping hand to take care of, so that the work is scheduled around the employee’s commitments. . Hiring, Onboarding & Training. Multitasking and decisive .

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Management Management Cash Management Employee Relations 52

The Restaurant Times

MARCH 13, 2023

For example, you can streamline kitchen processes, optimize inventory management , provide staff training, and implement scheduling systems by focusing on your BOH. Additionally, most kitchens have a rigid hierarchy in the back of the house, with each employee performing a particular duty.

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Back of House BOH Front of House FOH 52

Lavu

JANUARY 21, 2020

The accounting language may seem difficult for people who are not trained in accounting or those who have no interest in matters accounting. This allows you to process, extract, and transfer data between the accounting system and your restaurant POS system. . Install a Good Restaurant POS System. Track Restaurant Inventory.

Point of Sale 78

Point of Sale Inventory Restaurant Law Front of House 78

The Restaurant Times

MARCH 6, 2023

This data should be easily accessible from your restaurant’s point-of-sale (POS) system. This is because your net profit margin accounts for all restaurant-related costs, not just those related to food preparation and service. Train Employees: The skill of upselling to customers distinguishes a good server from a great one.

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Food Truck Point of Sale Employee Relations Equipment 52

Touch Bistro

AUGUST 11, 2021

hour for businesses with 4 or more employees. hour for businesses with 25 or fewer employees and $14.00 for businesses with 26 or more employees (several cities also have their own minimum wage laws). hour for businesses with 25 or fewer employees and $15.00/hour hour for employees not covered under FLSA).

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2021 Restaurant Law 2022 Seasonal Menu 98

Restaurant365

AUGUST 21, 2020

For food service and hospitality in particular, an essential part of the guest experience is the interaction with employees. In addition, in the age of social media, your labor practices and HR policies are under closer scrutiny than ever by both your employees and the public. Design an employee onboarding process.

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Blog Restaurant Law Recruiting Employee Relations 78

The Restaurant Times

DECEMBER 26, 2020

Inventory-related and on-counter thefts take many forms and bleed the restaurant dry, therefore becoming one of the top reasons why restaurants fail. Use a robust POS system that comes with integrated inventory management and anti-theft features that keep a complete check on all business transactions and inventory transactions.

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Operations Loyalty Program Seasonal Menu Employee Relations 52

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. However, the biggest factor in controlling food costs is improving your inventory management. These recurring costs can be broken down further by category.

Point of Sale 120

Point of Sale License Insurance Employee Relations 120

Touch Bistro

JUNE 22, 2021

That means you can support your employees, grow your restaurant empire, and even launch a new product line. For a restaurant, operating expenses can include POS and other restaurant tech licenses, utility costs like energy and water, and kitchen equipment and repair costs. Control Inventory. Download Now. Minimize Food Waste.

Operations 52

Operations Food Supply Inventory Employee Relations 52

The Restaurant Times

MAY 12, 2020

Inventory Procurement. While procuring inventory, ensure that you are not compromising on the quality of raw materials. An inventory management system can be of great help in streamlining all the supply chain requirements of your business. During the initial setup, keeping an estimate of inventory can be a challenging task.

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Operations Kitchen Safety Food Safety Inventory 72

Get Beyond

OCTOBER 24, 2023

Start training staff a few weeks before Small Business Saturday to ensure they’re ready to hit the floor on the big day. Eye up your inventory You can’t beat all your sales goals if you don’t have the inventory ready. Or have you and your team been suffering through a lackluster POS system?

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Small Business 2023 Social Media Customer Experience 52

The Restaurant Times

MARCH 15, 2021

Some of the proven ways to optimize overall financial costs and improve the profitability quotient of your restaurant are : Keep a constant check on the food and inventory costs. Create a restaurant business plan and refer to the POS reports to identify which operational areas are contributing to substantial losses.

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Point of Sale Inventory Customer Service Advertising 52

Restaurant365

OCTOBER 23, 2019

COGS totaled takes into account the ingredients that make up your food andbeverage sales, and related supplies (like napkins or coffee filters). It’s important to note that COGS doesn’t include one-time, non-inventory-related costs, like repairs for a broken oven, new barstools, restaurant decorations, or utility bills.

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Point of Sale Inventory Employee Relations Insurance 74