Modern Restaurant Management

MARCH 16, 2020

"We want to remain optimistic, so this initiative shows solidarity within our restaurant community and hopefully reassures our guests that if they aren't able to visit us at this point in time, we'll be here for them when things settle down." Click here to learn the 10 steps to take now.

Food Safety 585

Food Safety Kitchen Safety Small Business Employee Relations 585

SpotOn

FEBRUARY 26, 2025

Restaurant P&L basics Sales Cost of Goods Sold (COGS) Labor costs Overhead costs Profit and profit margins Using your P&L statement Restaurant P&L basics A restaurant profit and loss statement is a spreadsheet that shows how all your money is coming in (sales) and where it's going out (costs). Prime costs.

Point of Sale 88

Point of Sale License Insurance POS 88

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). This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the rise of eCommerce, economic impact, dining during COVID and hot dog insights. Yelp's Economic Impact Report.

2020 450

2020 Travel Food Safety Consumer Goods 450

Modern Restaurant Management

MARCH 25, 2020

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. Rom Krupp, founder of OneDine has been literally sleeping in his office and giving away his company’s technology for free to save as many restaurants as possible.

Online Ordering 289

Online Ordering Insurance Mobile Ordering Website Management 289

7 Shifts

MAY 23, 2024

This includes: Net Sales: The total revenue derived from your sale of food and beverages. However, as a rule, the primary costs you can expect in running your restaurant are usually related to food, labor, and rent. Managing a restaurant is not for the faint-hearted. What are the top 3 expenses of restaurants?

Point of Sale 221

Point of Sale Seasonal Menu Food Supply Cash Management 221

Restaurant365

FEBRUARY 25, 2020

Just as there is no single food and drink formula for restaurant industry success, there is no simple formula for a healthy profit margin. Your restaurant profit margin can be influenced by food and inventory trends, your geographic location, the state of the broader economy, and a wide range of other factors. Net Profit Margin.

Loyalty Program 183

Loyalty Program Point of Sale Fast Casual Online Ordering 183

Restaurant365

MAY 26, 2020

If your restaurant is emerging from survival mode to a break-even point or even slight profitability, it is important to reevaluate and tune up the largest expense for your restaurant: your restaurant prime cost. Your prime cost is a fundamental metric to track, because it includes your two largest expenses: food and labor.

Point of Sale 148

Point of Sale Employee Relations Inventory Insurance 148

Lavu

JUNE 6, 2025

Running a successful restaurant in 2025 means more than just great food—it requires smart financial decisions. Use these Calculations to Maximize Cost Reduction The food cost percentage is the number one calculation that restaurants can use today to maximize their cost reduction. Food cost control is crucial.

Loyalty Program 78

Loyalty Program Waste Recycling Inventory 78

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. Between inventory, sales, and other data points like labor, restaurants generate an enormous amount of data. Restaurant accounting cycles.

Cash Management 147

Cash Management Point of Sale POS Inventory 147

EATER

JULY 28, 2020

We know restaurants and bars (and coffeeshops and food courts and concession stands.) Gabe Guarente, editor of Eater Seattle: “At least one chef has told me takeout sales in generally kind of tapered off [since the start of the pandemic], and he thinks it’s just fatigue from the novelty of certain takeout like meal kits. What’s unsafe?

Restaurant Law 284

Restaurant Law Government Kitchen Safety Food Safety 284

EATER

JUNE 24, 2021

Delivery drivers have provided an essential service over the past year while boosting sales for third-party delivery apps such as Uber Eats, Grubhub, and DoorDash. Delivery drivers have provided an essential service over the past year while boosting sales for third-party delivery apps such as Uber Eats, Grubhub, and DoorDash.

License 246

License Food Safety Delivery Insurance 246

Harbor Touch

APRIL 17, 2018

Sales Tax Requirements. The city and state where you operate your restaurant could have different sales tax requirements, and if you own multiple locations, it is even more important to be up to date on the different requirements. It can be included in the cost of food or recorded separately. Mileage Deductions. Employee Meals.

Employee Relations 97

Employee Relations Insurance Point of Sale Food Supply 97

Cheetah

MAY 14, 2021

In April last year, Mayor London Breed announced a 15% cap on food delivery service fees. Reading Time: 6 minutes. In the background of the coronavirus pandemic, the cries of restaurants over the way 3rd-party delivery apps are oppressing them finally reached San Francisco decision-makers. 3rd Party Delivery Apps, Can’t Live With Them.

Delivery 125

Delivery Food Safety Point of Sale Customer Service 125

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. Table of contents What are restaurant costs?

Operations 78

Operations Food Supply Inventory Point of Sale 78

Harbor Touch

MARCH 18, 2025

Sales Tax: Stay on Top of Local Rules Every city and state has its own sales tax quirks. Pro Tip: SkyTab can track sales tax by location with its reporting tools. Mileage: Drive Off Some Taxes Delivering food or catering events? Employee Meals: Free Food, Free Savings Feeding staff on-site? Dont let that be you.

Point of Sale 78

Point of Sale POS Restaurant Law Equipment 78

Harbor Touch

MARCH 18, 2025

Sales Tax: Stay on Top of Local Rules Every city and state has its own sales tax quirks. Pro Tip: SkyTab can track sales tax by location with its reporting tools. Mileage: Drive Off Some Taxes Delivering food or catering events? Employee Meals: Free Food, Free Savings Feeding staff on-site? Dont let that be you.

Point of Sale 78

Point of Sale POS Restaurant Law Equipment 78

Cheetah

OCTOBER 3, 2020

Now that indoor dining is once again allowed, waitstaff, cooks and sanitation workers are asked to come back to work with no changes to their compensations, health insurance or paycheck. Health insurance: Look for different health insurance coverages, you may find one that’s more beneficial and cost-effective for your worker.

Inventory 78

Inventory Insurance Cash Management Point of Sale 78

Restaurant365

OCTOBER 23, 2019

While many restaurant owners focus on increasing total sales, in order to add to your bottom line, you also need to focus on decreasing costs. Cost of Goods Sold (COGS) is the combined costs of food and beverage ingredients that were sold at your restaurant over a certain period of time. What to Include In Your Prime Cost Formula.

Point of Sale 74

Point of Sale Inventory Employee Relations Insurance 74

Lavu

MARCH 24, 2020

Restaurant Supplies to Stock up on. Peli-Peli has never offered curbside service and is more of a luxury food chain, but they are quickly adapting to new dining hall closure mandates. Offer quick-service menu items, and lower the price point on these new items to draw in new customers. Drink trays. Disposable silverware.

Front of House 92

Front of House Social Media Webinar Customer Service 92

Lavu

MAY 30, 2025

Running a successful restaurant takes more than great food and serviceit requires a solid grasp of your finances. These are the fixed and variable expenses that keep your business running, from rent and utilities to staffing and supplies. Roughly 3-8% of each sale can go to processing fees.

Cash Management 78

Cash Management Online Ordering Waste Employee Relations 78

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. Obeying local regulations from your local food handlers’ association.

Delivery 78

Delivery Operations Insurance Cash Management 78

Lavu

JANUARY 21, 2020

Someone who understands specific restaurant accounting features like a chart of accounts, COGS, prime costs, daily sales, and more. . Preparing good meals and serving customers is always an exciting part of running a restaurant. When it comes to numbers, however, most restaurant owners do not know what is expected of them.

Point of Sale 78

Point of Sale Inventory Restaurant Law Front of House 78

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. The costs in this budget include the rent payments, the salaries, insurance, property taxes, and everything else. A rising tide raises all boats.

Employee Relations 52

Employee Relations License Point of Sale Food Supply 52

Open for Business

SEPTEMBER 2, 2024

Running a successful restaurant involves more than just serving great food. It’s helpful for understanding your restaurant profitability, and there are two main types you need to consider: Gross profit margin measures profit from food and beverage sales before accounting for operating expenses. Is there a seasonal pattern?

Point of Sale 78

Point of Sale Seasonal Menu Customer Service Small Business 78

BNG Point of Sale

AUGUST 19, 2021

Having one is crucial because restaurant profit margins are typically low, which means keeping a tight track of sales and expenses is integral to maintaining a healthy profit. . Sales Breakdown: Here you list all items you sell and how much money each item has brought for a given time period.

Cash Management 52

Cash Management Point of Sale Inventory Food Truck 52

Touch Bistro

APRIL 27, 2021

Exploring how to start a food truck business is a smart move in 2021. The startup costs are lower than what you’d have to shell out to open a brick-and-mortar restaurant, and as the world continues to grapple with the COVID-19 pandemic, food trucks offer both a safe dining option for your guests and a reliable income source for you.

Food Truck 52

Food Truck License Food Insurance 52

BNG Point of Sale

AUGUST 27, 2021

It is also not an easy one–regardless of the restaurant size and business model–with plenty of competition to contend with while trying to stay on top in terms of the quality food it serves and its prices. For example, let’s say John Doe Bar’s total sales from July to September 2020 were $1.25 Gross profit .

Point of Sale 52

Point of Sale Customer Service Social Media Online Ordering 52

Modern Restaurant Management

MARCH 11, 2025

From a legal perspective, Insurance : the pandemic highlighted the limitations of insurance policies. From a legal perspective, Insurance : the pandemic highlighted the limitations of insurance policies. Landlord/Tenant Disputes : in my practice, I have seen a huge increase in lease disputes. – Pooja S.

Mobile Ordering 418

Mobile Ordering Kitchen Safety Fine Dining Food Safety 418

Apicbase

JUNE 16, 2023

By regularly tracking his inventory and procurement metrics, Fabio was able to reduce his kitchens’ food costs by 18%. Whether you’re looking to improve customer satisfaction, increase sales, or reduce costs, tracking these metrics will bring clarity to your restaurants’ performance and help you achieve your goals.

Point of Sale 52

Point of Sale Inventory Waste Employee Relations 52

Rocket Fuel

JULY 8, 2022

To increase revenue, your primary focus is going to be on improving sales. Rent, taxes, and insurance are all non-optional, non-flexible costs (also known as fixed costs) that you can’t really reduce – at least quickly. Sales: More is always better. Many brands aim for a 4% year-over-year increase in sales.

Point of Sale 52

Point of Sale Insurance Uniforms Food Supply 52

Apicbase

JANUARY 28, 2025

When the Autumn Budget landed, food and drink leaders warned ministers that the tax increase would cost the British Hospitality industry 3 billion and force businesses to reduce investments, cut jobs, and raise customer prices. Encouragingly, UK food price inflation has dropped to a manageable 2%, offering businesses some breathing room.

2024 52

2024 Waste Inventory Hospitality 52

Modern Restaurant Management

NOVEMBER 2, 2023

Alongside wild stories detailing how foodborne illnesses can happen, Shaw offers practical solutions to avoid food safety breaches. Shaw is a food safety specialist, podcaster, founder of Savvy Food Safety, co-founder of My Trusted Source, and an entrepreneur, author, and speaker who spent 30+ years working in the foodservice industry.

Kitchen Safety 474

Kitchen Safety Food Safety Allergens Employee Relations 474

Modern Restaurant Management

JULY 27, 2020

In this edition of MRM News Bites, we feature sobering statistics from Yelp, a ghost kitchen franchise model, franchise explosions expected and falling for for an improved PSL. Yelp Sees COVID Effect. YEA reflects data from millions of local businesses and tens of millions of users on Yelp’s platform measuring U.S. “As U.S.

Franchise 443

Franchise Franchising Mobile Ordering Kitchen Safety 443

EATER

APRIL 20, 2021

What follows is an overview of the fund, including how it will help save certain establishments, including fast-food chains, how it will neglect other venues, such as recently closed restaurants, and how to apply. government will finally start disbursing targeted aid to one of the hardest-hit sectors of the U.S. No firm date has been set.

Food Truck 301

Food Truck Document Small Business Point of Sale 301

Modern Restaurant Management

DECEMBER 18, 2019

Restaurants are serving plant-based burgers, with either Impossible Foods or Beyond Meats. "We can anticipate more meatless menu trends in 2020 as chefs experiment with additional foods to replace animal products." 73 percent believe they can get protein from other food sources. JACK of all trades.

Seasonal Menu 340

Seasonal Menu Consumer Goods 2020 Fast Casual 340

7 Shifts

AUGUST 16, 2024

Offering healthcare and insurance benefits, establishing reasonable Paid Time Off policies, and recognizing employees' hard work can help reduce turnover and build a loyal, motivated team. Healthcare and insurance for restaurant employees J. having the highest minimum wage rates of up to $17.50.

Food Safety 195

Food Safety Restaurant Law Healthcare Kitchen Safety 195