Remove Government Remove Point of Sale Remove Restaurant Law
article thumbnail

MRM Research Roundup: AI Investment Heating Up and Summer Dining Dos and Don’ts

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the present and future of AI use in F&B, The Splintered Path to Purchase, the Datassential 500 Awards, and where chefs are earning six figures. chain sales grew just 3.1 At the same time, U.S. percent in 2024 — falling short of the 4.1

article thumbnail

Bridging the Gap: Integrating Legal and Insurance Considerations into Restaurant Cybersecurity Response

Modern Restaurant Management

In today's digital landscape, restaurants have become prime targets for cybercriminals who take advantage of potential entry points from point-of-sale systems, online ordering platforms, customer databases, loyalty programs and third-party delivery services. Consider the alarming pattern over the past three years.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Restaurants Are Going Cashless: 7 Key Benefits for 2025

Lavu

The way customers pay is evolving, and restaurants are adapting quickly. If you’re wondering why restaurants are going cashless, the answer lies in speed, security, and customer preference. Phasing out paper money entirely would be a huge undertaking, and some restaurants have stopped accepting bills or coins.

article thumbnail

Coffee News Recap, 23 May: Indonesia aims to surpass Vietnam’s coffee production, George Jinyang Peng wins the 2025 World Brewers Cup & other stories

Perfect Daily Grind

Editor’s note At World of Coffee Jakarta, Indonesia’s Coordinating Minister for Food Affairs, Zulkifli Hasan, announced the government’s ambitious plans to overtake Vietnam as the world’s second-largest coffee producer. Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week.

article thumbnail

Pandemic Reflections: What Lessons Has the Restaurant Industry Learned?, Part One

Modern Restaurant Management

"The pandemic forced the restaurant industry to reinvent itself overnight, moving from a primarily in-store dining experience to an omnichannel, digital-first business. " As we mark the fifth anniversary, MRM magazine surveyed restaurant insiders about the pandemic’s lasting impact on their businesses and the industry. ."

article thumbnail

How Payment Processors and Gateways Work: The Magic Behind Credit Card Transactions

Lavu

Understanding how payment processors and gateways work is essential for any modern business, especially in the restaurant and retail space. To verify this, transaction information is passed from the restaurant terminal or software to a processor, and then through the card network to the bank that issued the credit card for approval.

POS
article thumbnail

Accounting for Tips in Restaurants

Paper Chase Accountancy

Is it not a paradox that in the bustling world of restaurants, where every cent counts, the handling of tips often falls through the cracks? While a seemingly small detail, the proper management of tips can significantly impact a restaurant’s financial health and its employees’ satisfaction. Curious to find out more?