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. This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits.

2024 215

2024 Loyalty Program Cash Management Customer Experience 215

Restaurant365

NOVEMBER 18, 2021

From hiring and onboarding to running employee payments and paying taxes, payroll touches on many different parts of a restaurant business. You receive time in your Point of Sale (POS) system. Thus, your labor costs are spread out between your scheduling, POS, and payroll software. Tracking time occurs in many different systems.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

Restaurant365

JANUARY 4, 2022

Your team must still take manual inventory by hand to account for spoilage, improper portioning, and waste. Integrate restaurant inventory management with your POS system. POS integration can automate steps like uploading invoices, auto-updating ingredient prices, and tracking recipes. More about this later.).

Inventory 148

Inventory Pricing Management Management 148

Restaurant365

MAY 17, 2022

The most important part of inventory management is understanding how the amount of product relates to your profit margin. Tight integration between your r estaurant inventory management software , point of sale (POS) system and restaurant accounting software is essential for executing key restaurant tasks that help control your food costs.

Inventory 78

Inventory Management Management Food 78

Hot Schedules

JANUARY 12, 2022

From time and attendance advancements tracking the employee from clock-in to punch-out to POS analytics feeding corporate monthly location performance trends, there’s no doubt innovation will give restaurant groups insights and efficiency undreamed of just a decade ago – but how do IT teams go about orchestrating a great reinvention?

Back of House 147

Back of House Employee Relations POS Government 147

Restaurant365

MARCH 10, 2020

If it’s not on the shelf, it can’t be stolen, spoiled or wasted. So, the key to minimizing food waste that can eat into your profits is effective restaurant inventory management. The better and more streamlined your inventory control , the less food waste in your kitchen and the more money added to your bottom line.

Inventory 103

Inventory Management Management Waste 103

Restaurant365

DECEMBER 11, 2020

This way, you can take immediate action on issues like incorrect portions or food waste (explored below). Once the menu items in your Point of Sale (POS) system are mapped to recipe costing, you are set to evaluate your food costs and food waste, explored in the next section. With additional tools like a food.

2021 136

2021 Cash Management Management Management 136

Modern Restaurant Management

SEPTEMBER 8, 2021

Now, restaurant owners and managers can be confident in their readiness against pathogens and reassure guests and employees by committing to cleanliness and effectively communicating their approach to the public. In addition to considering their customers, restaurant owners must also take the necessary steps to reassure and retain employees.

Kitchen Safety 195

Kitchen Safety Employee Relations Communication Point of Sale 195

Restaurant365

MARCH 10, 2020

If it’s not on the shelf, it can’t be stolen, spoiled or wasted. So, the key to minimizing food waste that can eat into your profits is effective restaurant inventory management. The better and more streamlined your inventory control , the less food waste in your kitchen and the more money added to your bottom line.

Inventory 78

Inventory Management Management Waste 78

Restaurant365

AUGUST 4, 2020

When that inventory is wasted, stolen or spoiled before it’s sold, it must be written off as an expense in the books. If it’s not on your shelf, it can’t be stolen, spoiled or wasted. The key to minimizing food waste that can eat into your profits is effective restaurant inventory management.

Inventory 78

Inventory Management Management Cash Management 78

The Restaurant Times

FEBRUARY 28, 2023

Restaurant owners have a wealth of data, from employee records, distribution network logistics, self-service kiosks, and e-commerce figures to social networking reviews. Modern POS systems, for instance, can show you metrics like the frequency of requests for extra ingredients. That is where big data analysis is advantageous.

Operations 52

Operations Point of Sale Seasonal Menu Customer Experience 52

Restaurant365

OCTOBER 30, 2020

Daily issues with your inventory control can lead to food waste levels that skew your monthly margins. Restaurants carry lots of inventory that is perishable, so an investment in inventory can quickly be wasted if it isn’t managed correctly. Improper scheduling with your staffing can lead to ballooning labor costs over time.

Operations 78

Operations Management Management Inventory 78

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.

FOH 78

FOH Mobile Ordering BOH Front of House 78

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. – Barry McGowan, CEO, Fogo de Chão.

2023 197

2023 Loyalty Program Mobile Ordering Customer Experience 197

The Restaurant Times

AUGUST 15, 2021

From customer-related aspects to matters that concern stock and inventory management, proper analysis of metrics can boost transparency and performance across a cloud kitchen business. Let us look at how POS software can be used to produce data-based insights using metrics and boost cloud kitchen revenue. . Manage Stock And Inventory.

Inventory 52

Inventory Employee Relations POS Waste 52

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.

Food Truck 52

Food Truck Point of Sale Employee Relations Equipment 52

Restaurant365

SEPTEMBER 23, 2021

Your restaurant must categorize food costs correctly, tracking inventory and food waste to order at the right level for sales. with automated invoice coding and entry, and direct feeds of POS data. Record Daily Sales Through Your POS. Automated POS data ensures an accurate general ledger. Restaurant Expenses.

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Clover - Restaurants

MAY 3, 2024

Additionally, in order for restaurant leaders to operate as a certified safe food handler , such as managers and chefs, they must pass assessments related to food safety and risks like foodborne illnesses. Employees aren’t wearing personal protective equipment. Employees aren’t following proper handwashing procedures.

Kitchen Safety 52

Kitchen Safety Food Safety Food Food Supply 52

Restaurant365

JUNE 24, 2020

Advanced inventory management software can import menu items from your POS, then map them to recipes. Some POS systems calculate food cost and profit for specific menu items within the system. Automated actual vs. theoretical food cost reporting maps recipes to your POS menu item to track your actual and theoretical usage over time.

Point of Sale 78

Point of Sale POS Inventory Employee Relations 78

MadMobile

AUGUST 5, 2022

With food inflation and insecurity being at an all-time high, restaurants have a financial incentive and a duty to reduce food costs and waste. See how your employees interact with them, observe when and why they are being thrown away, and look for ways to reduce your waste surrounding these items. You need to be proactive.

Food 52

Food Mobile Ordering Inventory Food Supply 52

Restaurant365

JULY 24, 2020

Choosing between in-house delivery, third-party delivery apps or a combination requires an understanding of related costs. POS providers Toast and Square have recently launched their own delivery services, at costs they say are lower than some of the more established delivery providers.

Front of House 147

Front of House Online Ordering Kitchen Safety Customer Service 147

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 .

Employee Relations 52

Employee Relations License Point of Sale Food Supply 52

Restaurant365

JANUARY 28, 2020

Sales forecasts , based on integrated POS data pulled from your restaurant operations software , are particularly powerful tools in the restaurant industry. It may take a minimum of three employees to run a small restaurant, regardless of sales. Labor calculations are not always a black and white formula. Schedule accordingly.

Inventory 145

Inventory Seasonal Menu Employee Relations Customer Experience 145

Restaurant365

DECEMBER 2, 2019

managing employees. Other inventory management tasks such as automatic inventory tracking via point of sale system (POS) integration can also be automated. Over time, smart suggestive ordering, based on sales reporting forecasts and par level inventory, can reduce over-ordering and food waste. Optimizing your labor costs.

Management 97

Management Management Point of Sale Inventory 97

The Restaurant Times

NOVEMBER 10, 2021

People have grown accustomed to instantaneously accessing information related to shopping, entertainment, and via the web and social media. If your online ordering system does not support mobile traffic, half of your effort has gone to waste. With a good POS system, you can offer loyalty programs that will boost your revenue even more.

Management 52

Management Management Online Ordering Loyalty Program 52

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. Minimize Food Waste. Reduce Employee Turnover.

Operations 52

Operations Food Supply Inventory Employee Relations 52

The Restaurant Times

AUGUST 10, 2020

The cards should ideally consist of the recipe detail related to each item , such as exact ingredients, the quantity of each item, and even the items used for garnishing. Robust POS systems have an automated feature that notifies restaurateurs with real-time alerts once when an item reaches its expiry date. Waste Sheets.

Inventory 52

Inventory Operations Waste Uniforms 52

Modern Restaurant Management

APRIL 14, 2020

This new site is a one-stop hub of critical information for restaurants, employees, customers and industry partners. In addition to the latest resources on COVID-19 restaurant and employee recovery programs, RestaurantsAct.com offers a brand new, industry-first interactive map of each state, District of Columbia and Puerto Rico.

Online Ordering 212

Online Ordering Back of House Customer Service Small Business 212

Touch Bistro

MARCH 25, 2021

A new hire checklist for restaurant employees can make the onboarding process easy and painless for all parties involved. After all, employees are the heart of your restaurant, and setting them up for success starts with the onboarding process. What Is Restaurant Employee Onboarding? Get Your Employee Handbook Template.

Hiring 52

Hiring Employee Relations FOH BOH 52

Get Beyond

OCTOBER 24, 2023

Or have you and your team been suffering through a lackluster POS system? You want both your in-store and online experience to be the best it can be for customers, and upgrading your POS can be a relatively simple change that will dramatically improve their experience. Check your toolbox Has the shop been operating as cash only?

Small Business 52

Small Business 2023 Social Media Customer Experience 52

Restaurant365

MAY 27, 2021

It’s especially applicable to your prime cost, because restaurant food cost and labor cost fluctuate over time in relation to sales. You can also use a scheduling management system to track employees clocking in early or clocking out late or set up limits on clock in/out times. Optimize labor costs. Calculate Your Recipe Costs.

Point of Sale 78

Point of Sale Inventory Waste Food Order 78

Harbor Touch

AUGUST 1, 2019

A point of sale (POS) system is the computerized system where a transaction between a customer and a merchant takes place. But, one of the significant benefits of having technology in your POS is when tax season arrives. Leveraging Software for Better Customer Relations and Sales! Properly Manage Your Inventory.

Technology 60

Technology Operations Point of Sale Website Management 60

Restaurant365

OCTOBER 14, 2020

A point of sale (POS) system fully integrated with your restaurant accounting software can help you keep track of the numbers you need, making an all-in-one system important for your budgeting. To help optimize your labor costs, consider using restaurant payroll and HR software that integrates with your POS.

Point of Sale 78

Point of Sale Email Marketing Cash Management Advertising 78

The Restaurant Times

AUGUST 5, 2022

In fact, accounting software in restaurants has seen a 21 percent rise in popularity since 2018, second only to POS technology and payment processing. Labor costs also include payroll taxes and employee benefits. Occupancy costs are the sum of all the expenses related to the location of your restaurant. Occupancy Costs .

Cash Management 52

Cash Management Point of Sale Inventory Employee Relations 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.

Point of Sale 74

Point of Sale Inventory Employee Relations Insurance 74

Touch Bistro

MARCH 23, 2021

Before diving into the top restaurant tax season tips, here are some key due dates that you should be aware of: December 31, 2020: 2020 Employee Retention Credit expiration. December 31, 2021: 2021 Employee Retention Credit expiration. The credit is equal to 50% of wages that you pay to an employee during an eligible quarter.

2021 52

2021 Cash Management Employee Relations 2020 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. In addition, prioritizing training and retaining employees will not only save you money on recruiting costs, it will also help ensure better customer service. Labor Costs.

Point of Sale 120

Point of Sale License Insurance Employee Relations 120