Modern Restaurant Management

NOVEMBER 24, 2021

Restaurants have faced labor shortages, supply and equipment shortages, and climbing food prices, with no past playbook on how to navigate the crisis. Even at the end of 2021, owners are still struggling to find willing employee candidates, and when they do hire new staff, some of them don’t even show up for their first day of work.

2021 474

2021 Food Supply Food Truck Supplies 474

Modern Restaurant Management

MAY 18, 2022

In recent years, medical technology has been driving trend, but in today’s economic environment, medical providers are raising prices. Likewise, forecasting costs and building budgets will mean understanding medical costs as well as the hiring market. Additionally, a bubble has emerged due to deferred care. This compared to 5.0

Insurance 531

Insurance 2022 2023 Technology 531

ChowNow

APRIL 15, 2025

Examples include: Rent or mortgage payments Insurance premiums Loan payments Salaried employees (like general manager or executive chef) Because theyre consistent, fixed costs are easier to budget for, but that also means theyre harder to reduce without significant structural changes.

Operations 195

Operations Online Ordering Customer Service Customer Experience 195

7 Shifts

AUGUST 2, 2024

Step 2: Look for a trustworthy restaurant accountant Even if you already know the restaurant bookkeeping and accounting process well, we suggest hiring a professional accountant to help ensure your business complies with local tax, payroll, federal, and state laws. As a rule, this should make up about 1/3 of your total expenses.

Point of Sale 397

Point of Sale Inventory Seasonal Menu Cash Management 397

Harbor Touch

MARCH 18, 2025

Work Opportunity Tax Credit: Hire Smart Hiring veterans, ex-felons, or folks from empowerment zones? The Work Opportunity Tax Credit (WOTC) gives you up to 40% of their first-year wages, max $2,400 per hire. Example: A diner I know hired two vets, claimed $4,800. Deduct the cost, not staff time or full price.

Point of Sale 138

Point of Sale POS Restaurant Law Equipment 138

Modern Restaurant Management

NOVEMBER 16, 2023

Lack of health insurance isn’t considered one of the major reasons the hospitality industry has, according to the U.S. In the current hiring climate, restaurants can’t afford to lose good employees because they feel unappreciated. Bureau of Labor Statistics, a churn rate north of 70 percent. It’s understandable.

Insurance 309

Insurance Employee Relations Reference Small Business 309

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. If transferring isn’t an option, you can try to reduce other fixed costs like insurance premiums.

Food Truck 397

Food Truck Customer Service Seasonal Menu Loyalty Program 397

7 Shifts

AUGUST 18, 2024

Make sure to get quotes from multiple suppliers so you can compare prices and services. Hiring a Strong Team You'll need a manager, bartenders, waiters, and security. Hiring tips When hiring for a bar, there are certain qualities that you should look for in an employee. Pricing should match your target market and theme.

Bar 370

Bar License Email Marketing Customer Service 370

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. Fixed costs include rent, mortgage, salaries, loan payments, license fees, and insurance premiums. After all, training new hires is an investment of time, resources, and money.

License 370

License Equipment POS Food Supply 370

7 Shifts

JUNE 4, 2021

Ideal menu price. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. It also plays a key factor in pricing your menu. To get your restaurant's break-even point, you'll need the following: Total fixed costs, like rent, salaries, and insurance.

Point of Sale 416

Point of Sale Inventory Employee Relations Customer Service 416

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 289

Online Ordering Insurance Mobile Ordering Website Management 289

EATER

DECEMBER 16, 2021

Despite the fact that the pandemic put all of these workers in grave danger while they were offered none of the unemployment insurance benefits given other workers, the gig companies were able to use expensive and sophisticated propaganda to confuse voters. Vianne recalled using DoorDash first. I’m going to be able to do that.

Back of House 363

Back of House Delivery Employee Relations Mobile Ordering 363

Modern Restaurant Management

SEPTEMBER 27, 2024

To avoid hiring shortcomings, Expert Market recommends business owners focus on implementing effective recruitment strategies. This might include offering competitive compensation packages, enhancing workplace culture, and leveraging technology that allows for more efficient hiring processes. percent year-over-year, compared to 0.4

Food Truck 251

Food Truck Fast Casual Food 2024 251

EATER

JANUARY 21, 2021

Now, small restaurants no longer need to hire delivery personnel themselves, with many instead choosing to strike a deal with one of the apps, which in turn would connect the restaurant with an independent contractor to pick up and deliver the food. Postmates joined them by raising prices between $.50

Delivery 335

Delivery Customer Service Food Order Online Ordering 335

7 Shifts

OCTOBER 31, 2023

Most pricing structures for the big payroll companies look like this: Base fee: $39-$125 per month Implementation fee: Ranges from hundreds to thousands Additional employee fee: $4-$12 per employee per month Year-end: $2-$16 per W-2 / 1099 filing Off-cycle runs: $0-$50 Simplify your accounting and choose a software with a clear billing structure.

Customer Service 221

Customer Service Information Pricing Insurance 221

7 Shifts

MAY 23, 2024

Food cost percentage When deciding how much to price your menu items, TouchBistro advises keeping the food cost percentage anywhere between 20% and 40%. Solutions can include preparing for possible changes in pricing, staffing, customer trends, and new technology. Most restaurants try to keep it at around 30% to be safe.

Point of Sale 221

Point of Sale Seasonal Menu Food Supply Cash Management 221

Modern Restaurant Management

JUNE 12, 2020

Dunkin' Hirin' As more of America opens up, Dunkin’ franchisees are seeking to hire up to 25,000 new restaurant employees at Dunkin’ locations, from front-counter to restaurant management, creating immediate jobs that offer long-term education benefits and key career skills for people all across the U.S. Taco Bell Hiring.

Franchising 420

Franchising Franchise Food Safety Kitchen Safety 420

7 Shifts

JULY 8, 2023

Kahn: "We should have been charging $12 for a chicken taco because chicken prices were a thousand times more than we've ever seen. So we're attracting the best talent from a compensation perspective, but also we want to make sure that we're offering the continued perks of whether it be health insurance and other related benefits.

Hiring 273

Hiring Back of House Take-out Training 273

ChowNow

AUGUST 19, 2024

Negotiating with your suppliers for better prices can also make a huge difference. That includes rent, insurance and other utility suppliers as well. Assess menu prices and pricing strategies to optimize appeal as well as promote upsell opportunities. Don’t be afraid to hire a financial expert for extra help.

Cash Management 195

Cash Management Management Management Inventory 195

Cheetah

APRIL 10, 2020

Reading Time: 3 minutes One of the main challenges for restaurant owners figuring out how to start a restaurant is hiring the right people. Hiring is a tough problem for any restaurant owner – the labor pool for line cooks is tight in almost every market. Looking to hire a manager? Navigating the Hiring Process.

Back of House 78

Back of House Hiring Recruiting Website Management 78

Lavu

JUNE 6, 2025

With rising ingredient prices, labor shortages, and tighter margins, operators must find strategic ways to reduce restaurant costs without compromising quality or customer experience. Examples of fixed costs for a restaurant include rent, insurance, and equipment lease payments.

Loyalty Program 78

Loyalty Program Waste Recycling Inventory 78

7 Shifts

MAY 2, 2023

Button and her team are putting in the effort every day, working with economics firms and looking hard at their food costs and menu prices to make it happen. View this post on Instagram A post shared by Cúrate (@curatetapasbar) I mean, menu prices and portions and, I mean, we did have to really look at that.

Front of House 195

Front of House Back of House Insurance Seasonal Menu 195

EATER

AUGUST 16, 2023

All for a price, of course. It wasn’t just me that was affected: In late 2019 I had hired a COO and a brand ambassador. My COO stayed on, unpaid but on the company’s health insurance plan for another year, while we had to let the brand ambassador go in the middle of the summer of 2020. I never secured additional funding.

Point of Sale 246

Point of Sale Front of House Back of House Online Ordering 246

The Food Corridor

SEPTEMBER 14, 2020

The way to mitigate the risk is to take out a robust insurance policy. However, anyone who’s dealt with an insurance broker probably knows how painful this experience can be. An insurance company’s job is to calculate risk and figure out how much to charge you based on the risk level of your business.

Insurance 52

Insurance Food Truck Food Catering 52

Modern Restaurant Management

AUGUST 5, 2020

In recent months, they have been advising clients on issues ranging from Paycheck Protection Program (PPP) loans to reducing and rehiring employees to recovering losses from insurance companies and renegotiating leases. Selvin (insurance and business interruption) and Elliot N. Other members of the new practice include: Randy S.

Food Safety 527

Food Safety Mobile Ordering Online Ordering Kitchen Safety 527

Sling

AUGUST 8, 2024

To that end, be sure to address topics such as: Mission statement Advertising Price structure Employee concerns Accounting practices Budget Marketing Equipment needs Keep in mind that your business plan is a living document. Eventually, though, you’re probably going to need to hire employees to help out.

Events 78

Events License Hiring Insurance 78

7 Shifts

NOVEMBER 18, 2022

Passing part of this cost directly to tipping customers allows restaurants to retain more capital; it makes it easier to keep menu prices lower, hire additional staff , enable investments in your team, and expand your business. Labor cost is typically a restaurant's most considerable expense. FICA Tip Tax Credit for Employers.

Cash Management 195

Cash Management Restaurant Law Back of House Customer Service 195

Lavu

NOVEMBER 8, 2019

Even if you hire outside accountancy assistance, it’s wise to have a strong understanding of the basic accounting practices for restaurants. See the six ways to control your COGS here , and if you find out that the menu prices aren’t right, learn how to price your menu in three steps. 5 Concepts of Restaurant Accounting.

Management 101

Management Management Food Truck Cash Management 101

7 Shifts

JULY 1, 2024

These start-up costs can range from the real estate payments you must make to the permits and licenses you need, the supplies you have to buy for your bar, the wages you need to pay your employees, and insurance. This number will identify you as an employer and officially allow you to hire staff.

Bar 221

Bar License Food Supply Restaurant Law 221

Gecko Hospitality

NOVEMBER 22, 2022

Building Up Your Staff for Hiring Season: Strategies for Successful Finding, Interviewing, and Onboarding Candidates. Hiring for hospitality businesses is always a challenge. Now, ramping up for the hiring season just added another dimension. Many are taking second jobs just to keep up with rising prices.

Hiring 52

Hiring Social Media Hospitality Recruiting 52

Hot Schedules

FEBRUARY 23, 2022

For businesses, retaining employees (and hiring in the first place) has become the number one prerogative – just to keep the lights on. health insurance and 401k plans), some creative thinking can create a work environment employees want to remain at without driving up expenses. b3lineicon|b3icon-24hours|? b3lineicon|b3icon-wallet|?|Wallet.

Employee Relations 147

Employee Relations Front of House Waste Hotels 147

The Rail

NOVEMBER 29, 2023

This can be achieved by hiring DJs or live bands that specialize in various music styles -- such as jazz, rock, or country -- to appeal to a certain set of your patrons on given nights. New games can come with price tags of $10,000 or more. Games break and someone has to fix and maintain their working components.

Entertainment 147

Entertainment Bar Equipment Sports 147

Touch Bistro

AUGUST 11, 2021

if the company provides health insurance). You’ll also need to adjust payroll for higher contributions to workers’ compensation and liability insurance. To combat a rising restaurant hourly wage, many restaurateurs usually do one of two things: Raise menu prices across the board Fire staff. Create a Smart Pricing Strategy.

2021 98

2021 Restaurant Law 2022 Employee Relations 98

The Restaurant Times

JANUARY 23, 2022

Creating Your Menu & Hiring Right. Still, a few inexpensive techniques such as keeping the menu and prices up-to-date on the website, posting a good photo gallery of the food you serve, and curated reviews on social media will help you get a good head start. Get Insured. General insurance . Unemployment insurance .

Catering 75

Catering License Insurance Food Supply 75

Restaurant Clicks

JANUARY 9, 2020

Apply for Permits, Licensing, and Insurance. Hire Restaurant Staff. Considering your target customer personas can help with making choices like menu, pricing, layout, marketing, and other aesthetic choices. . Apply for Permits, Licensing, and Insurance. You’ll also need insurance for your new business.

License 78

License Website Management Equipment Hiring 78

Restaurant Clicks

MARCH 4, 2020

This can be a steep price to pay, which is why many restaurants opt for one of the cheaper options. Postmates does offer an unlimited plan for $10 a month or $100 a year that comes with free delivery on all orders over $15, plus other perks like no surge pricing. This brings in a lot of repeat customers on the food delivery app. .

Delivery 110

Delivery 2020 Food Online Ordering 110

Sling

NOVEMBER 23, 2023

7) Arrange for business insurance Landscapers often work around expensive buildings, vehicles, and other structures/utilities. If your activities do damage of some kind, without business insurance, you could be personally liable for repairs. That’s good, but don’t be afraid to refine your rate once your business actually gets going.

Insurance 78

Insurance Equipment Customer Service Hiring 78