7 Shifts

JULY 21, 2020

Shelter-in-place orders, social distancing, and business closures make it next to impossible to generate pre-coronavirus revenue numbers. From small business loans to microgrants to business credit cards, cash is available; it just takes a bit of application work and a little know-how. And no money means mo' problems.

Cash Management 300

Cash Management Government Small Business Healthcare 300

7 Shifts

JULY 16, 2021

Write a Coffee Shop Business Plan. Sourcing Equipment. This step and research component is the foundation behind your business, and should be taken seriously! Visit them to learn more about what drives their business. Do they serve just coffee or small foods as well? Competition and neighboring businesses.

License 459

License Hiring Equipment Point of Sale 459

Restaurant365

JANUARY 28, 2020

Inventory forecasting is calculating the precise amount of future inventory and production needs for your restaurant, and it also takes into account historical consumption patterns and the shelf life of finished goods. It may take a minimum of three employees to run a small restaurant, regardless of sales. Inventory Projections.

Inventory 145

Inventory Seasonal Menu Employee Relations Customer Experience 145

7 Shifts

APRIL 29, 2021

Business tax returns (IRS Form 1120 or IRS 1120-S). Note for businesses who opened in 2020: the Applicant's original business model should have contemplated at least 33.00% of gross receipts in onsite sales to the public.). Businesses that have filed Chapter 7 bankruptcy. A business or group with more than 20 locations.

Document 370

Document Restaurant Law Brewery Point of Sale 370

Modern Restaurant Management

SEPTEMBER 7, 2023

Think of commercial ice equipment like your vehicle. Let’s take a closer look at the total cost of ice equipment ownership. Most business owners believe that the purchase price represents 80% of ice machine ownership costs. Owning ice equipment will also cost you time. Commercial ice machines are the exact same way.

Equipment 186

Equipment Customer Service Small Business Point of Sale 186

Culinary Cues

AUGUST 7, 2021

A small step, but one that signifies that if we put our heads together there is a way, or many ways, to move beyond, over, or around those challenges. Possible causes: – People have heard how demanding and unforgiving the business can be. – Pay scales are significantly lower than other industries. Why is this the case?

Social Media 474

Social Media Cash Management Blog Equipment 474

Culinary Cues

MARCH 3, 2021

Menus became encyclopedic, the skills to execute these menus were over the top, the equipment that allowed for this level of creativity was space age and expensive, the intensity and stress in the kitchen was as heavy as lead, and the number of staff members required to execute this complexity was painful. Magazine: [link].

Dine-in 419

Dine-in Small Business Seasonal Menu Café 419

Modern Restaurant Management

JANUARY 31, 2024

Despite challenges including inventory costs, commission fees and staff turnover, many restaurant owners are expressing optimism about moving forward, according to TouchBistro’s 2024 State of Restaurants Report. What can restaurant operators do to better handle inventory and labor challenges?

2024 198

2024 Online Ordering Website Management 2023 198

7 Shifts

APRIL 3, 2020

So here’s the question a lot of restaurateurs are asking: how do you start drastically cutting expenses to give your business the best chance of recovery? Pro tip: Look at implementing an inventory tracking system like Xtra Chef —it might be a new cost, but it will pay for itself in better food costing.

BOH 368

BOH POS Influencer Point of Sale 368

Perfect Daily Grind

MAY 7, 2023

For any specialty coffee roaster, one of the key factors to running a successful business is a continuous supply of fresh green coffee. Sourcing and buying green coffee is certainly a big part of this, but efficient inventory management is also paramount. What equipment do roasters need to preserve green coffee freshness & quality?

Supplies 176

Supplies Management Management Food Safety 176

Touch Bistro

JULY 20, 2021

Whether you’re new to the restaurant scene or a seasoned veteran in the industry, having the right restaurant equipment list is crucial to your business’s success. That’s why we’ve created this comprehensive commercial restaurant equipment list. 24 Essential Pieces of Restaurant Equipment. Let’s get started. Slicers.

Equipment 52

Equipment Kitchen Safety Point of Sale Food Safety 52

Culinary Cues

MAY 4, 2022

Now you are ready to take the leap into reality, to test what you think you know in a fast-paced, physically, emotionally, and mentally demanding business. THAT SANITATION CLASS WAS VERY IMPORTANT. [] BE COST CONSCIOUS – THE KEY TO BEING NOTICED: Restaurants work on very small profit margins. Here you go!

2022 376

2022 Coaching Education Kitchen Safety 376

Restaurant365

MARCH 10, 2022

With food costs running at approximately 30% or higher, learning importance of inventory management and how to prevent common mistakes is critical in successfully driving down costs and maximizing profits. First, let’s break down the two types of inventory costing, Actual and Theoretical. Theoretical Variance. Actual Food Cost (COGS).

Inventory 78

Inventory Management Management Merchandise 78

7 Shifts

MAY 23, 2024

The restaurant business is one of the most competitive industries, and this shows in the fact that only 20% of restaurants succeed in the market. 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

Sling

JUNE 9, 2023

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. This will be your Beginning Inventory. Step Three : Add the value of any Purchased Inventory you made during the period of choice.

Operations 78

Operations Inventory Food Supply Point of Sale 78

Apicbase

MAY 29, 2024

Every few months, a media article declares the death of ghost kitchens as a viable business model. In this guide, we’ll provide a definition of ghost kitchens, describe the different ways they can make money, their pros and cons, and the critical factors behind a successful ghost kitchen business. Virtual restaurant brand.

Kitchen Safety 52

Kitchen Safety Front of House Online Ordering Food Order 52

7 Shifts

OCTOBER 31, 2022

A restaurant business plan is one of the most (if not the most) essential elements in getting a new restaurant off the ground. There are a few reasons for this: A business plan is typically the first thing any lender or investor will want to look at. What is a Restaurant Business Plan? Restaurant Business Plan Sample Outline.

Point of Sale 397

Point of Sale Back of House Document Download 397

Sling

APRIL 1, 2024

If your team members perform any type of work offsite or if your business manages two or more locations, field service management software can help keep your operation organized, running smoothly, and on the path to success. Other apps will prioritize user-friendliness and be geared toward smaller businesses.

2024 78

2024 Management Management Customer Service 78

7 Shifts

JANUARY 23, 2020

Educate yourself If there’s one thing to know when opening a new business—especially a new restaurant—it’s that there’s no such thing as “too much research.” Ensure your business plan is real and not theoretical, in order to understand every operation cost you will come to a head with, and ensure positive cash flow. Hiring/staffing ??

2020 335

2020 Hiring Cash Management Education 335

Clover - Restaurants

MAY 30, 2024

Any business that successfully launches new revenue streams can benefit from increased profit, new customers, and a financial safety net in case something goes wrong. Meal kits are an easy revenue stream to add: You already have the ingredients in your inventory and recipes in your kitchen.

Merchandise 52

Merchandise Catering Kitchen Safety Inventory 52

Modern Restaurant Management

MAY 30, 2023

Here are three strategies to set your business and team up for a successful, profitable season. Work Smarter and More Efficiently Good employee communication is key for any business, but only relying on the break room bulletin board to share information isn’t a very effective communication strategy.

Communication 172

Communication Hiring Training Small Business 172

Aaron Allen & Associates

MARCH 3, 2022

There are so many things to think about — from inventory management to restaurant payment and billing and more — it can be difficult to keep track of it all. We’ll explore software for inventory management, restaurant payment and billing, food delivery, dashboards, restaurant onboarding, reservation management, and ERP systems.

Management 120

Management Management Mobile Ordering Point of Sale 120

Modern Restaurant Management

SEPTEMBER 14, 2022

But smaller businesses can implement AI to make small changes that impact their business. AI in the restaurant industry can assist restaurateurs and chains in providing a platter of features (pun intended) to help them streamline their businesses. What are AI and ML? Let’s Start With the Why.

Front of House 201

Front of House Mobile Ordering Loyalty Program Back of House 201

Modern Restaurant Management

APRIL 9, 2024

AI-powered solutions such as chatbots, voice assistants, predictive analytics, and automation tools are being utilized to streamline processes, enhance guest experiences, and drive business growth. To gain more insights, Modern Restaurant Management (MRM) magazine reached out to Sambvani. How are restaurants using AI now?

Customer Experience 173

Customer Experience Customer Service Technology Inventory 173

Modern Restaurant Management

MARCH 1, 2023

Those areas of your restaurant that aren’t typically seen by customers but directly impact your business. So, even if your customers are unaware of what’s going on behind the scenes, any operational inefficiencies will eventually surface – with potentially dire consequences for your business.

Front of House 148

Front of House BOH Back of House 2023 148

Clover - Restaurants

APRIL 23, 2024

For instance, depending on how successful the restaurant has been, you’ll inherit a customer base, trained staff, and the equipment and space you need to hit the ground running. An existing restaurant also has an established cash flow, as well as a system in place for managing inventory, staffing, and running the kitchen.

Point of Sale 52

Point of Sale Cash Management Franchise Franchising 52

Restaurant365

NOVEMBER 5, 2021

While these types of kitchens have always been a feature of the restaurant industry, new trends in food service have led more owners and operators to consider adding them to their business model. Commissary kitchens may host a wide range of different types of food businesses. Who uses commissary kitchens?

Kitchen Safety 148

Kitchen Safety Food Truck License Food Safety 148

Cheetah

APRIL 30, 2021

The right commissary kitchen can mean the key to a successful food truck business – considering it offers all the benefits of having your own kitchen, without a lot of the associated overhead, paperwork, and hassle. Keep reading to know know more about commissary kitchens and for tips to know how to pick the best for your business.

Food Truck 147

Food Truck Food Supply Food License 147

Restaurant Engine

NOVEMBER 10, 2021

This is a great time to begin a food truck business, and if you’re ready, there is one important thing to think about first: how will you pay for it? In this article, we answer the question, “Does your new food truck business need financing?” Now, let’s look at the kinds of financing you might look at for your new food truck business.

Food Truck 120

Food Truck Food Equipment Small Business 120

Lavu

DECEMBER 12, 2022

Restaurant cash flow management is the lifeblood of your business. Yet, while most small business owners know this truth, many still struggle with basic cash flow definitions, fundamentals, and management strategies that actually maximize benefits. Learn More: Which Accounting Reports Should Your Restaurant Keep?

Cash Management 78

Cash Management Management Management Point of Sale 78

Modern Restaurant Management

NOVEMBER 11, 2021

In order to reduce cost, waste, and optimize inventory, the process begins with planning and forecasting. Connecting your financial, transaction, and restaurant inventory management systems enables you to optimize production and better control cost variance proactively. Planning and Forecasting.

Supplies 213

Supplies Management Management Food Supply 213

Apicbase

MARCH 28, 2024

Understanding what influences your restaurant profit margin helps you assess the success of the business and make positive changes. It can be calculated for each menu item or as an average for the whole business. They also include variable costs such as food costs, hourly staff wages, and equipment maintenance.

Food Truck 52

Food Truck Front of House Allergens Inventory 52

Clover - Restaurants

MARCH 8, 2024

Conduct market research into potential expansion locations to see what’s already in business and where there’s a need for what you offer. Once you’ve confirmed your restaurant has the potential for success in a new particular area, you can evaluate and strategize other parts of your business operations. Calculate the cost of expansion.

Loyalty Program 52

Loyalty Program Small Business Point of Sale POS 52

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. All employees should practice proper “first in, first out” inventory management. Realize that small changes matter. Stop overprepping.

Waste 212

Waste Compost Food Recycling 212

Apicbase

NOVEMBER 16, 2023

Automating processes like inventory and workforce management. Franchisees are empowered with better business decision-making capabilities. Small Team, Big Impact Despite the 700 staff bringing the brand’s magic to life daily in stores across the UK, the head office team is still small, says Chris.

Franchise 52

Franchise Franchising 2008 Mobile Ordering 52

Apicbase

NOVEMBER 16, 2023

Automating processes like inventory and workforce management. Franchisees are empowered with better business decision-making capabilities. Small Team, Big Impact Despite the 700 staff bringing the brand’s magic to life daily in stores across the UK, the head office team is still small, says Chris.

Franchise 52

Franchise Franchising 2008 Mobile Ordering 52

Restaurant365

JANUARY 5, 2021

Mercifully, it contains some help for restaurant businesses hurt by the pandemic, with the inclusion of funding for a second round of forgivable loans through the Paycheck Protection Program (PPP) for small businesses experiencing significant revenue losses. PPP improvements relevant to restaurant businesses.

Insurance 148

Insurance Small Business Employee Relations 2021 148