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?

Webinar 143

Webinar Point of Sale Food Truck Small Business 143

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.

License 52

License Insurance Employee Relations Website Management 52

7 Shifts

FEBRUARY 26, 2021

Here are the things you should consider: Things to Consider When Choosing an Online Ordering Platform Does it integrate with my Point of Sale (POS) Will I need to add another tablet to my front of house setup? Things to Consider: using a courier service for delivery Does my POS and online ordering platform integrate with the service?

Online Ordering 341

Online Ordering Ordering Customer Service Food Order 341

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.

Delivery 109

Delivery Food Mobile Ordering Insurance 109

The Restaurant Times

DECEMBER 22, 2021

Restaurants also need to adhere to the: Kitchen Equipment Regulations: The commercial cooking tools and appliances, like ovens, fryers, etc., Fire Code Regulations: Ensure that your space and equipment is in accordance with New York City’s Fire Code Regulations. Insure Your Restaurant And Get Familiar With The Taxes .

Insurance 52

Insurance License Point of Sale Employee Relations 52

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?

Delivery 165

Delivery Customer Service Point of Sale Customer Experience 165

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.

Employee Relations 97

Employee Relations Insurance Point of Sale Cash Management 97

The Restaurant Times

SEPTEMBER 30, 2021

Consider the upfront cost of new equipment against the continuing expenditures of maintenance, upgrades, or modifications that a used alternative could incur over the first year or two. . Map out your route, your kitchen supplies, storage, equipment, and the number of staff you want. Insure your truck . Rules and Regulations .

Food Truck 52

Food Truck Food License Mobile Ordering 52

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.

Point of Sale 416

Point of Sale Inventory Employee Relations Customer Service 416

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.

Point of Sale 120

Point of Sale License Insurance Employee Relations 120

BNG Point of Sale

SEPTEMBER 2, 2021

The costs in this budget include the rent payments, the salaries, insurance, property taxes, and everything else. This includes depreciation of equipment, as well as wages, overtime, and the costs associated with running a cell phone. . Equipment repairs . Business insurance . Reduce Equipment And Supplies Cost .

Employee Relations 52

Employee Relations License Point of Sale Food Supply 52

Restaurant365

OCTOBER 22, 2021

Typically, your total labor cost accounts for “fully burdened labor”, which includes your hourly and salaried wages, payroll taxes, benefits like health insurance or vacation days, bonuses, overtime, and more. To get accurate expenses and revenue numbers, pull restaurant data from your POS and restaurant accounting software.

Point of Sale 78

Point of Sale Insurance Inventory Cash Management 78

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. This may include everything from plateware to your kitchen equipment (both new equipment and routine repairs).

Point of Sale 78

Point of Sale Email Marketing Advertising Cash Management 78

The Restaurant Times

APRIL 7, 2022

Buying insurance. Buying equipment . Once everything is finalized, you need to plan and buy restaurant equipment. Plan what you need before going shopping, as the equipment is usually a one-time investment. . Therefore, it is important to evaluate the investment you need and how you will raise it.

Fine Dining 52

Fine Dining Dine-in License Point of Sale 52

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.

Online Ordering 91

Online Ordering Insurance Mobile Ordering Website Management 91

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.

Restaurant Law 131

Restaurant Law Recruiting Employee Relations Food Safety 131

EATER

MAY 17, 2021

There’s also paying the people who cook and serve it, owning and maintaining the equipment that enables them to do so, and, also the space in which to do it all in the first place. The choice of an oval container, made of biodegradable and compostable sugarcane pulp, hurtles food costs upward to 24 percent. Labor Costs: $7.

Food Order 145

Food Order Delivery Food Safety Compost 145

Lavu

JANUARY 21, 2020

This allows you to process, extract, and transfer data between the accounting system and your restaurant POS system. . Install a Good Restaurant POS System. A good point of sale (POS) system is critical to restaurant accounting. When looking for a restaurant POS system, go for the one that helps you maintain your accounts.

Point of Sale 78

Point of Sale Inventory Restaurant Law Front of House 78

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.

Delivery 191

Delivery Consumer Goods Online Ordering Customer Service 191

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.

Website Management 173

Website Management Retail Small Business Online Ordering 173

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.

Food Truck 148

Food Truck Front of House Fine Dining Food Order 148

Restaurant365

AUGUST 21, 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. Reporting is required for employers with 50 or more full-time employees and self-insured employers of any size.

Blog 78

Blog Restaurant Law Recruiting Employee Relations 78

The Food Corridor

MAY 7, 2020

A good example is distillers producing hand sanitizer during Covid-19 as they already have much of the equipment and access to ingredients needed to easily make the switch. Other considerations are driver insurance, rigorous hygiene guidelines, and offering contactless deliveries. More on that below. Payment Processing.

Delivery 98

Delivery Food Online Ordering Email Marketing 98

Open for Business

JUNE 15, 2023

Employees with a strong sense of empathy will be better equipped to succeed at their jobs, whether they’re dealing with fellow team members or restaurant guests. Offering health insurance to your team can be a challenge, but overlooking this benefit could end up costing you more if top talent moves on. Credit: Getty Images.

Hospitality 78

Hospitality Loyalty Program Communication Training 78

The Restaurant Times

SEPTEMBER 17, 2020

If your restaurant is listed on multiple online ordering platforms, it is essential to invest in a POS that automatically integrates all the orders placed via various online ordering services. . All the call logs are maintained and recorded in the POS system for better transparency. . Create A Stellar Online Menu.

Online Ordering 52

Online Ordering Customer Experience Food Order Delivery 52

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. This includes the rent, property insurance, property taxes, and other utilities. . Traditional accounting methods need to import data from your POS system. Operating Cost.

Cash Management 52

Cash Management Point of Sale Inventory Employee Relations 52

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 FOH Food Safety Equipment 368

Restaurant365

JULY 24, 2020

Restaurant365 customer Wow Bao recently announced it has partnered with operators in various cities to offer alternative sources of revenue by utilizing their space, equipment and personnel to serve prepared Wow Bao staples, while third-party delivery providers provide delivery of the meals to customers. Another con is the cost of delivery.

Front of House 147

Front of House Online Ordering Kitchen Safety Customer Service 147

Sling

JANUARY 10, 2023

2) Set up the new employee’s personal space and equipment It’s also critical to give yourself enough time to prepare your new employee’s personal space and equipment before they arrive. But if you manage an office, you may need several days, or even a week, to prepare everything your new employee needs.

Employee Relations 78

Employee Relations Hiring Small Business Communication 78

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.

Food Safety 233

Food Safety Kitchen Safety Small Business Employee Relations 233

SpotOn

MARCH 25, 2024

Here, we'll discuss what you must consider when looking at the construction costs, equipment costs, interior design costs, and licenses and permits. Equipment costs Like all your restaurant startup costs, kitchen equipment, and small wares are directly connected to the concept.

License 52

License Insurance Point of Sale Equipment 52

BNG Point of Sale

AUGUST 27, 2021

Your net profit is the amount leftover from the gross profit after you deduct operating expenses like payroll, rent, utility bills, ingredients, and equipment leasing costs. Operating a fully integrated POS (Point of Sale) system is a necessary expense for common restaurant operations. Net profit . Sales revenue . Expenses .

Point of Sale 52

Point of Sale Social Media Customer Service Online Ordering 52

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.

Food Safety 199

Food Safety Mobile Ordering Online Ordering Kitchen Safety 199

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.

Inventory 147

Inventory Management Management Employee Relations 147

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.

Delivery 78

Delivery Operations Insurance Cash Management 78

Restaurant365

APRIL 15, 2021

If you have an integrated Point of Sale (POS) system, compiling data can be done automatically. In addition to the hourly labor costs, you should also include payroll taxes, workers compensation, and employee benefits like health insurance. The revenue calculation pulls from restaurant menu sales data. Net profit or net income.

Point of Sale 78

Point of Sale Cash Management Beverage Insurance 78

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.

Guest Recovery 212

Guest Recovery Kitchen Safety Mobile Ordering Food Safety 212