7 Shifts

AUGUST 18, 2024

Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. Whether it’s food cost increases due to inflation or a labor cost rise due to rising minimum wage, cost increases, like taxes, are pretty much a guarantee in the restaurant industry.

License 370

License Equipment POS Food Supply 370

Harbor Touch

MARCH 18, 2025

Equipment and Furniture: Deduct That Big Spend New ovens or tables can cost a chunk, often $5,000 or more. Accounting Tip: Log equipment purchases in your accounting software under equipment. Mileage: Drive Off Some Taxes Delivering food or catering events? Employee Meals: Free Food, Free Savings Feeding staff on-site?

Point of Sale 138

Point of Sale POS Restaurant Law Equipment 138

7 Shifts

JULY 12, 2024

Fixed costs Fixed costs are expenses that remain constant, including rent, insurance, and utilities. If transferring isn’t an option, you can try to reduce other fixed costs like insurance premiums. Make it part of the protocol to unplug equipment when not in use and fix any leaks promptly.

Food Truck 397

Food Truck Customer Service Seasonal Menu Loyalty Program 397

7 Shifts

MAY 11, 2020

.” — Erica Gillespie, Ani Ramen Spend some time figuring out how long you’ll need to properly (and successfully) reopen—with considerations for new employee health & safety training, inventory delivery, PPE equipment orders, menu planning, etc. Social distancing and protective equipment ??

BOH 368

BOH Food Safety FOH Equipment 368

Modern Restaurant Management

SEPTEMBER 13, 2024

Rising costs are not the only financial hazard facing the food service business, as recent studies show that slip and fall cases cost the industry $2 billion a year. Conduct regular inspections of equipment to prevent moisture from pooling up and creating a hazard. The restaurant industry is fighting a tough battle.

Insurance 379

Insurance Small Business Customer Service Equipment 379

Modern Restaurant Management

MAY 12, 2022

But the lingering effects of the pandemic continue to make this a challenging time for our industry as ongoing staffing issues and supply chain disruptions, in many cases, lead to reduced menus and shorter hours of operation. Most manufacturers have ISO certifications or similar which indicate their adherence to strict food safety protocols.

Retail 451

Retail Certification Seasonal Menu Insurance 451

Modern Restaurant Management

JUNE 24, 2020

” Traditionally, to enable delivery most sellers list their menu on food delivery platforms because the restaurant doesn’t have their own couriers. So when the next pandemic, tornado, hurricane or any disaster strikes, they will be ready and equipped to weather the storm.”

Guest Recovery 540

Guest Recovery Kitchen Safety Mobile Ordering Food Safety 540

Modern Restaurant Management

JANUARY 31, 2025

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of dramatic Valentine's Day shift, best food scenes, and the evolution of c-store foodservice. As they grapple with rising costs across their supply chain, 71 percent of restaurants plan to increase prices this year.

Marketing 221

Marketing Loyalty Program 2024 2025 221

7 Shifts

JUNE 28, 2021

72% of Americans eat food from a restaurant at least twice a week, meaning hundreds of millions of Americans frequently trust foodservice establishments to prepare their meals in a safe and sanitary environment. However, surfaces that touch food not only needs to be cleaned but sanitized. Food Storage. Develop a HACCP Plan.

Kitchen Safety 370

Kitchen Safety Food Safety Food Supply Equipment 370

Modern Restaurant Management

MARCH 16, 2020

“We know the coming weeks will be challenging ones for many small business owners, and we want to help restaurants focus on food, not finances.” will present a free webinar in conjunction with The Food and Beverage Shows titled, "Restaurant Preparation to Minimize COVID-19 Disease Risk and What You Need to Do Now."

Food Safety 585

Food Safety Kitchen Safety Small Business Employee Relations 585

SpotOn

FEBRUARY 26, 2025

That could simply be food sales , alcohol , and non-alcoholic beverages. Cost of Goods Sold (COGS) Your Cost of Goods Sold is the cost of your food and beverages. That way you'll have accurate food and beverage cost percentages for each COGS line item. This helps reduce future equipment purchases. Marketing.

Point of Sale 88

Point of Sale License Insurance POS 88

7 Shifts

APRIL 24, 2020

Canada The Canada Emergency Response Benefit provides workers with a taxable benefit of $2,000 a month for up to 4 months Canadian Employment Insurance (EI) is available for unemployed workers in Canada. Contact your state’s unemployment insurance program to apply for your benefits. Gaming Entertainment (video games, movies, etc.)

Social Media 352

Social Media Insurance Website Management Government 352

Modern Restaurant Management

JULY 1, 2020

There has also been an increase in review content for Black-owned restaurants and food businesses (up 9X) and nightlife (up 13X). Review mentions of “Back-owned” (and related terms) also skyrocketed, up 426 percent, as people look to support and surface these businesses to the community.

2020 451

2020 Travel Food Safety Consumer Goods 451

Modern Restaurant Management

MARCH 25, 2020

Restaurant workers must bring in proof of recent employment (paystubs will suffice) and will receive hot meals, toiletries, cleaning supplies, diapers, formula, personal hygiene items, and more. "They're the only vendor — and I'm talking partners, food suppliers, marketing people — who has put out a Coronavirus Kit.

Online Ordering 290

Online Ordering Insurance Mobile Ordering Website Management 290

EATER

AUGUST 7, 2023

Supply issues were a pain,” says co-owner Kevin Kerner, so it wasn’t until July 9 when a contractor installed swinging doors to separate the new kitchen from the bar that the upgrade was finally complete. Three Penny Taproom also has flood insurance. Time will tell, with insurance and the rebuild, what we do with that space,” he says.

Insurance 246

Insurance 2011 Equipment 2007 246

7 Shifts

JULY 5, 2024

Running a restaurant is not just about serving great food; it’s also about managing finances. The average profit margin of full-service restaurants ranges between 3% and 5%, while their fast-food and casual counterparts’ margins fall between 6% and 9%.

Cash Management 243

Cash Management Inventory Seasonal Menu Beverage 243

ChowNow

AUGUST 6, 2024

From ingredients to insurance, new restaurants need to know how to manage fixed and variable costs. Fixed costs generally stay the same each month and are not tied to sales, such as rent or insurance. Food Cost Percentage Your food cost percentage uses a similar formula as labor, just with total cost of goods sold.

Insurance 195

Insurance Inventory Food Supply Food Order 195

7 Shifts

MAY 23, 2024

This includes: Net Sales: The total revenue derived from your sale of food and beverages. Your restaurant expenses may vary depending on various factors, such as the equipment you use, your business location, the size of your operation, and whether you own or rent your commercial space.

Point of Sale 221

Point of Sale Seasonal Menu Food Supply Cash Management 221

Modern Restaurant Management

SEPTEMBER 28, 2021

Food is a delicate supply chain and is essential to keep moving unfettered. Could cyber insurance be an effective safeguard against future ransomware attacks?

Insurance 498

Insurance Food Supply Supplies Food 498

Lavu

JUNE 6, 2025

Running a successful restaurant in 2025 means more than just great food—it requires smart financial decisions. Increasing restaurant profits allows you to invest in upgrades, like better equipment or a nicer place for customers to eat. Food cost control is crucial.

Loyalty Program 78

Loyalty Program Waste Recycling Inventory 78

EATER

JANUARY 18, 2022

Breaking down the food, labor, and fixed costs of Bé Ù’s caramelized pork with eggs We often presume to understand restaurant economics because we know what a chicken breast costs at the supermarket. “I Food costs: $4.59. to the food cost of each portion. Wonho Frank Lee. I could make this dish at home for $5,” goes the refrain.

Online Ordering 246

Online Ordering Food Order Seasonal Menu Pricing 246

7 Shifts

JULY 1, 2024

While this could be a rewarding venture, opening a bar is not exactly the same as opening a food business. These start-up costs can range from the real estate payments you must make to the permits and licenses you need, the supplies you have to buy for your bar, the wages you need to pay your employees, and insurance.

Bar 221

Bar License Food Supply Restaurant Law 221

Cheetah

MAY 17, 2021

billion dollar COVID-19 RRF to small food and beverage businesses. All food & beverage businesses for whom at least one third of their income is from onsite sales are eligible to apply. Restaurants, food trucks, caterers, bars and even bakeries and bowling alleys are not required to provide any evidence of this.

Point of Sale 143

Point of Sale Webinar Small Business Food Truck 143

Restaurant365

SEPTEMBER 23, 2021

Healthy accounting procedures for restaurants can help you manage food and labor costs, understand your profits and losses, and make strategic decisions about expenses and investments. In between fluctuating food costs, labor costs, and sales levels, restaurants typically have a complex accounting system.

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Harbor Touch

APRIL 17, 2018

If you purchase equipment, like a restaurant POS system , for example, it may be eligible for depreciation deductions. A permanent tax deduction is now available for equipment for small business under Section 179. It can be included in the cost of food or recorded separately. Expensing Asset Purchases. Mileage Deductions.

Employee Relations 97

Employee Relations Insurance Point of Sale Food Supply 97

Modern Restaurant Management

NOVEMBER 4, 2019

MIXT has teamed up with Impossible Foods to provide fans an exclusive, complimentary tasting of MIXT's IMPOSSIBLE™ Meatballs in a fresh basil marinara. " Pizza Hut partnered with Zume, a company pioneering the shift to a more sustainable future of food, to design a way to put a round pizza in a round box. ."

Fast Casual 281

Fast Casual Seasonal Menu Innovation Customer Experience 281

The Restaurant Times

JANUARY 23, 2022

The catering industry includes companies that provide individual event-based food services. There can be companies that cater to larger groups, or if you are starting out, you can start small for a party of 20 or 50 people depending on the experience, equipment, and capital you have. What type of food will you serve?

Catering 75

Catering License Insurance Food Supply 75

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. In a year like 2020, you never know what’s around the corner.

Insurance 52

Insurance Food Truck Food Catering 52

Deliverect

MARCH 24, 2021

But every food business is different. But you should also consider that investment in kitchen tech, order management equipment, menu optimization , and the right team will massively improve your chances of success in the competitive delivery market. The food truck operator looking to scale. here’s some reading for you.

Food Truck 148

Food Truck Front of House Food Order Fine Dining 148

The Restaurant Group

MARCH 11, 2024

Managing a restaurant involves so many moving parts, including sourcing high-quality ingredients, purchasing a seemingly endless list of supplies, managing staffing and scheduling, and budgeting for a profitable restaurant – all within a set budget. Failure to manage food inventory can lead to significant financial losses.

Management 78

Management Management Cash Management Insurance 78

Cheetah

MAY 14, 2021

In April last year, Mayor London Breed announced a 15% cap on food delivery service fees. It’s hard for any food operator to differentiate itself from competitors when it’s evaluated by their food only (after it gets delivered) and not by the complete experience of eating out.

Delivery 125

Delivery Food Safety Point of Sale Customer Service 125

Harbor Touch

FEBRUARY 24, 2020

If you are planning to open a restaurant, you need to scan the risk landscape of the food industry to understand what you are up against in this business. Some of the common risks that restaurants encounter include; Food Safety Concerns. Food poisoning can occur even in the safest and most professional restaurants.

Operations 78

Operations Kitchen Safety Food Safety Food Supply 78

Sling

JUNE 9, 2023

Running a successful restaurant isn’t just about serving great food. The term “restaurant costs” is generally used to describe one-time expenditures on material resources — such as food, liquor, dishes, equipment, and software — that keep the business running. These are also referred to as direct costs.

Operations 78

Operations Food Supply Inventory Point of Sale 78

Harbor Touch

MARCH 18, 2025

Equipment and Furniture: Deduct That Big Spend New ovens or tables can cost a chunk, often $5,000 or more. Accounting Tip: Log equipment purchases in your accounting software under equipment. Mileage: Drive Off Some Taxes Delivering food or catering events? Employee Meals: Free Food, Free Savings Feeding staff on-site?

Point of Sale 78

Point of Sale POS Restaurant Law Equipment 78

Harbor Touch

MARCH 18, 2025

Equipment and Furniture: Deduct That Big Spend New ovens or tables can cost a chunk, often $5,000 or more. Accounting Tip: Log equipment purchases in your accounting software under equipment. Mileage: Drive Off Some Taxes Delivering food or catering events? Employee Meals: Free Food, Free Savings Feeding staff on-site?

Point of Sale 78

Point of Sale POS Restaurant Law Equipment 78

The Restaurant Times

OCTOBER 29, 2021

When it comes to food trucks, a lack of sustainability can give rise to multiple problems. For a mobile business like food trucks catering to multiple locations, it is relatively harder to keep everything clean and be eco-friendly. Setting up a sustainable food truck is, therefore, a new concept. . Inspect Your Vehicle.

Food Truck 97

Food Truck Sustainability 2021 Food 97

The Restaurant Group

JUNE 25, 2022

It includes the type of food served, the restaurant’s atmosphere, and the target market. Numerous expenses must be considered, such as the cost of leasing or purchasing a property, outfitting the space with furniture and equipment, hiring staff, and stocking the kitchen with supplies. Think of Your Restaurant’s Concept.

2013 78

2013 Advertising Food Supply Insurance 78