Modern Restaurant Management

DECEMBER 31, 2024

Data: The New Heartbeat of Restaurants As the POS evolves into a full restaurant-operating system, it will become the central hub uniting data across every aspect of the business. In fact, 43 percent of respondents identified flexible hours as the top reason they choose hourly work.

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Modern Restaurant Management

MARCH 11, 2025

From a legal perspective, Insurance : the pandemic highlighted the limitations of insurance policies. Several high-profile restaurant groups brought litigation against insurance companies for their coverage position, but were ultimately unsuccessful.

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Mobile Ordering Kitchen Safety Fine Dining Food Safety 418

SpotOn

DECEMBER 30, 2024

But many owners don't account for the high fixed costs of bars —like repairs, insurance, and alcohol theft which can leave them with less profit than expected. You should be able to find this data in your POS reporting. Look in your POS reporting for hourly labor and check your books for the others. Labor costs.

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Operations Loyalty Program Online Ordering Fast Casual 52

Modern Restaurant Management

APRIL 13, 2022

To combat these obstacles among countless others, leaning on point-of-sale (POS) solutions can empower restaurants to quickly leverage new features to maximize profits in a fluctuating service economy. Additionally, many restaurants are expanding to include traditional benefits such as health insurance and retirement savings plans.

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POS Food Supply Mobile Ordering Point of Sale 539

Modern Restaurant Management

SEPTEMBER 24, 2021

“There are certainly lower fees the marketplace will charge if you handle the delivery in-house, but the insurance, staffing, and additional costs that come with in-house delivery may get pretty close to comparable, if not more,” he said. Direct All Orders to Your POS.

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Delivery Insurance Online Ordering Customer Service 537

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. In this guide we won't worry too much about the differences, but in general: A restaurant cost is a one-time expenditure on a material resource like food, liquor, dishes or kitchen equipment.

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License Equipment POS Food Supply 370

Modern Restaurant Management

AUGUST 5, 2024

Restaurant chains are also subject to claims associated with customer information being stored in POS systems, which has also been the subject of class action claims (Chili’s restaurants is an example). Restaurants should consider vetting third-party vendors to performing these functions, and ensure those vendors are properly insured.

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Employee Relations Insurance Healthcare Restaurant Law 493

Modern Restaurant Management

MARCH 24, 2021

Depending on what kind of hardware and POS system a restaurant is using, each delivery app may require a unique and intensive process to integrate it with current operations. Also, remember those pesky POS integrations that sometimes necessitate having a separate tablet or device for every delivery app?

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Delivery Customer Service Point of Sale Customer Experience 473

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 ??

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BOH Food Safety FOH Equipment 368

Modern Restaurant Management

JUNE 24, 2020

He also held various leadership positions at Bank of America, serving as Senior Vice President/Chief Information Officer within the Insurance Services division, as well as Chief Technology Officer for the home loans and insurance division. As items are selected they are transferred to the POS and then the KDS for order preparation.

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Guest Recovery Kitchen Safety Mobile Ordering Food Safety 539

Modern Restaurant Management

JANUARY 28, 2020

For example, if using in-house staff, you have the ability to control your entire brand experience for delivery; however, you also have to keep in mind the hiring and management of drivers, insurance, staffing levels, payment, etc. You also may lose access to important customer data in terms of buying habits and average spend.

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Delivery Consumer Goods Online Ordering Customer Service 533

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.

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Food Truck Customer Service Seasonal Menu Loyalty Program 397

Modern Restaurant Management

MARCH 31, 2020

At around the same time, 160 Applebee’s restaurants found malware on POS systems. For many small businesses, the cost of a successful cyber attack can be catastrophic, and for that reason, you should consider taking out cybersecurity insurance and put in a plan in place for how to respond to a hack.

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Website Management Retail Small Business Online Ordering 509

7 Shifts

SEPTEMBER 9, 2024

Equip your managers with leadership skills that go beyond simply assigning tasks. Offer comprehensive benefits to restaurant workers In addition to wages, make sure to outline the benefits you offer, such as health insurance, paid time off, or employee discounts. Their job is more important than mine," she says.

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2024 Social Media Insurance Leadership 335

Modern Restaurant Management

AUGUST 5, 2020

and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. Selvin (insurance and business interruption) and Elliot N. Its proprietary guest engagement solution, which is used by more than 600 restaurants throughout the U.S.

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Food Safety Mobile Ordering Online Ordering Kitchen Safety 527

Modern Restaurant Management

MARCH 25, 2020

These restaurants and businesses need a specialized insurance policy. Hired and Non-Owned Auto insurance provides third party liability coverage for the business when an employee uses their personal vehicle for business purposes such as delivering products (food, grocery etc…). Delivery service is not easy.

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Online Ordering Insurance Mobile Ordering Website Management 289

Modern Restaurant Management

MARCH 16, 2020

Global insurance brokerage Hub International , is responding tonumerous inquiries asking for more guidance through the Coronavirus crisis. Insurance coverages that may apply and how you need to approach the claims process. .” On Tuesday, March 17 , Roslyn Stone, MPH, COO of Zero Hour Health and Founder of Zedic.

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Food Safety Kitchen Safety Small Business Employee Relations 585

7 Shifts

AUGUST 18, 2024

Equipment : What equipment will you need? Sourcing the Right Equipment Your budget, target market, and concept will dictate your equipment needs. The size of the space is important, as you'll need enough room for customers and all of your bar's equipment. For example, do you have to buy insurance?

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Bar License Email Marketing Customer Service 370

7 Shifts

JUNE 4, 2021

Total revenue data, or all of your revenue from income statements or POS sales reports. To get your restaurant's break-even point, you'll need the following: Total fixed costs, like rent, salaries, and insurance. Total sales , from your POS. For this example, let's assume your sales were $800,000 for the year. Prime Costs.

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Point of Sale Inventory Employee Relations Customer Service 416

7 Shifts

AUGUST 7, 2024

Here's a breakdown: Fixed costs include rent, mortgage, salaries, loan payments, license fees, and insurance premiums. Food–along with labor, utilities, kitchen equipment, and finding the right pos system–is one of the biggest costs you're going to grapple with running a restaurant today.

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Food Seasonal Menu Inventory Pricing 370

Restaurant365

JANUARY 5, 2021

The Act also redefines payroll costs to specifically include group insurance payments made on group life, disability, vision and dental insurance. payment for software and cloud services), perishable goods, and worker protective equipment. This would cover insurance plans such as vision, dental, disability and life insurance.

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Insurance Small Business Employee Relations 2021 148

7 Shifts

MAY 1, 2024

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. Many restaurants opt to hire part-time employees to avoid this expense.

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Cash Management Employee Relations Inventory Beverage 221

Modern Restaurant Management

JUNE 12, 2020

More than 80 franchise locations of The Halal Guys, will use Revel Systems as its preferred POS partner. This growth prompted the group to seek out a fast and reliable POS that could be deployed across its growing franchise, help streamline operations and reporting, and enhance the overall customer experience.

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Restaurant365

SEPTEMBER 23, 2021

In addition, if there are unexpected costs such as equipment repair, your restaurant needs cash reserves. Your restaurant chart of accounts can get granular in detail, but here are the basic categories: Assets: cash on hand, equipment, accounts receivable, etc. Expenses: food costs, bar costs, and any marketing or equipment costs.

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Cash Management Point of Sale POS Inventory 147

Cheetah

MAY 17, 2021

There are two easy ways to apply to the Restaurant Revitalization Fund: Directly on RRF portal – HERE ; or Through your Point of Sale (POS) provider. Compare the top 5 POS Systems for Restaurants: Square vs Upserve vs Toast vs SpotOn vs Revel. Not sure which Point of Sale system is best for your businesses?

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Point of Sale Webinar Small Business Food Truck 143

Modern Restaurant Management

MARCH 11, 2020

Focused on empowering small- and medium-sized businesses (SMBs) by providing enterprise-level solutions at affordable prices, the SpotOn ecosystem goes way beyond traditional payment processing and point-of-sale (POS) software. Como Essentials is fully integrated with the Revel POS to enable a seamless customer engagement solution.

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Bar Cash Management Loyalty Program Point of Sale 386

Restaurant365

AUGUST 19, 2021

Occupancy expenses (fixed costs such as rent, property taxes, and property insurance). Operating expenses (other costs such as equipment repairs, professional fees, or laundry). Labor costs (employee wages, payroll taxes, employee benefits, etc.). Schedule a free demo of Restaurant365 today.

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Inventory Management Management Employee Relations 147

7 Shifts

MAY 23, 2024

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. You can easily retrieve this data from your POS system. There are also semi-variable costs, a combination of fixed and variable costs.

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Point of Sale Seasonal Menu Food Supply Employee Relations 221

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. They also may require a separate filing and collection, so be sure your records are accurate.

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Employee Relations Insurance Point of Sale Food Supply 97

Cheetah

MAY 1, 2020

Also, check with your POS company to see if they host a no-cost or low-cost ordering feature. Make sure you’re equipped. Make sure you and your employees are protected by car, general liability or workers compensation insurance. Consult your insurance provider to learn about the policy that’s right for you.

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Delivery Food Mobile Ordering Insurance 109

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. Fixed costs such as insurance, rent, and loan payments do not fluctuate month to month. This includes everything from napkins to kitchen equipment, as well as licensing costs.

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Point of Sale License Insurance Employee Relations 120

Harbor Touch

MARCH 18, 2025

With a POS system like SkyTab and solid accounting software, you can track it all without losing your mind. Equipment and Furniture: Deduct That Big Spend New ovens or tables can cost a chunk, often $5,000 or more. A restaurant POS system like SkyTab, though, has no upfront cost, just $29 per month. This isnt just a checklist.

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Point of Sale POS Restaurant Law Equipment 78

Harbor Touch

MARCH 18, 2025

With a POS system like SkyTab and solid accounting software, you can track it all without losing your mind. Equipment and Furniture: Deduct That Big Spend New ovens or tables can cost a chunk, often $5,000 or more. A restaurant POS system like SkyTab, though, has no upfront cost, just $29 per month. This isnt just a checklist.

Point of Sale 78

Point of Sale POS Restaurant Law Equipment 78

Restaurant365

AUGUST 19, 2020

Since payroll processing can draw from multiple systems, such as point of sale (POS), accounting, and scheduling, integrations between all of your restaurant management systems are key to meeting your reporting challenges. for employers with 50 or more full-time employees and self-insured employers of any size. Reporting is required.

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Restaurant Law Recruiting Employee Relations Food Safety 131

Restaurant365

MARCH 30, 2020

If you haven’t been doing delivery before this point, even if you are using your own team, there are barriers to entry including: Securing equipment (like hot bags, to-go packaging). Expanding “off-premise” insurance coverage. Start with the following: Revisit your insurance policy. Vehicle insurance.

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Delivery Operations Insurance Cash Management 78

Deliverect

MARCH 24, 2021

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. And automatically syncing sending orders your POS so your team doesn’t have to re-punch orders.

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Food Truck Front of House Food Order Fine Dining 148

The Restaurant Times

JUNE 1, 2022

Purchase Equipment. Once you are done with the location, you can start designing the interiors and procuring the necessary equipment. In this stage, you should be ready to break the bank as the cost of even one piece of equipment can exceed USD 8,000. Get Business Insurances. General Liability Insurance.

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License Insurance Employee Relations Website Management 52