Modern Restaurant Management

MARCH 24, 2022

Let’s take a look: 1 – Capacity Calculations. So, she starts doing some calculations. Assuming that 80 percent of seats are filled for both sittings and that each customer orders something of average price, Chloe can establish a rough baseline calculation for a day’s trading. How does she do that?

Point of Sale 177

Point of Sale Seasonal Menu Education Small Business 177

SpotOn

FEBRUARY 6, 2024

It seems that every restaurant manager position comes with the guarantee of 10-hour shifts, work on weekends and holidays, and a never-ending stream of front-of-house and back-of-house problems to solve. Also, learn about your options for getting more capital for your restaurant.

Management 52

Management Management Front of House Back of House 52

Xtra Chef

NOVEMBER 11, 2020

The holiday season is usually full of family, friends, and fun—and a lot of profitability for the restaurant industry. But as we know, 2020 is a year unlike any other, so the holidays are bound to be a bit different than what we’re all used to. Step 1: Benchmark past holiday performance against your current reality.

Hospitality 155

Hospitality Seasonal Menu Front of House Social Media 155

7 Shifts

MAY 13, 2021

You can also send team-wide announcements or add events like holidays or specials to the calendar. You could track this manually by exporting sales data and payroll data into separate spreadsheets, But this can become extremely cumbersome, inaccurate, and involves a lot of calculations. Your schedules just aren't smart.

Document 418

Document POS 2000 Take-out 418

7 Shifts

MARCH 18, 2021

A rise in cases in-and-around the holidays, as well as cold weather keeping patios empty made for a darker December and January for many restaurants. Cold weather decline The return of cooler temperatures in September, as well as rising cases along with it in some parts of the country, had restaurants once again declining in sales.

Point of Sale 370

Point of Sale Back of House Front of House Outdoor 370

Xtra Chef

DECEMBER 16, 2020

Restaurant workers are due for recognition and celebration this holiday season. Normally, the annual holiday staff party is a great time to spread some cheer. Dining rooms will soon be full again, revenue will turn upwards, and the tradition of holiday parties will soon return.

Certification 130

Certification Tip Distribution Cash Management Food Safety 130

Social Hospitality

JUNE 22, 2020

High Days and Holidays If you run a special offer for a major event or national holiday, advertise it on Instagram well in advance. Instagram advertising is pay per click and calculated through targeting, ad placement, format, and the time of year the ad is placed. You can always amend or add posts should you need to.

Marketing 195

Marketing Social Media Advertising Influencer 195

Restaurant365

JANUARY 2, 2020

Whether you’re wondering how much inventory to order next week, or how many employees should be scheduled over the holidays, a restaurant sales forecast, driven by POS data, can help you make better data-driven decisions. Calculate your restaurant’s daily capacity. The importance of your POS data.

POS 97

POS Point of Sale Inventory Information 97

Sling

AUGUST 21, 2021

In this article, our experts at Sling answer those questions, provide a step-by-step guide for calculating costs, and reveal the best way to produce a better job costing analysis. How To Calculate Job Costing. 1) Calculate Labor Costs. 2) Calculate Material Costs. 3) Calculate Overhead. What Is Job Costing?

Small Business 78

Small Business Insurance Inventory Take-out 78

7 Shifts

OCTOBER 8, 2021

COGS is a great high-level overview— it's half the equation for calculating Prime Costs!—but ” Scheduling software allows you to look more closely at how sales change on holidays or seasonal events. How Technology Can Help. but restaurants need a more precise, detailed overview of their spending.

Seasonal Menu 195

Seasonal Menu Consumer Goods Food Supply Inventory 195

Sling

APRIL 19, 2021

And how do you go about calculating this crucial metric? As we’ll discuss in the How Do You Calculate Profit Margin? section, there are a number of more detailed and complex profit calculations that include and exclude different variables of your business’s income and expense stream. How Do You Calculate Profit Margin?

Small Business 145

Small Business Cash Management Customer Service Inventory 145

Sling

DECEMBER 18, 2019

If you’re confused about how to calculate overtime, don’t worry, you’re not alone. That’s not to say that you can’t process your own payroll and calculate your own overtime. Calculating overtime starts with setting up your payroll process first. Calculating employee and employer taxes. holidays (e.g.,

Employee Relations 78

Employee Relations Restaurant Law Government Tip Distribution 78

Sling

DECEMBER 18, 2019

If you’re confused about how to calculate overtime, don’t worry, you’re not alone. That’s not to say that you can’t process your own payroll and calculate your own overtime. Calculating overtime starts with setting up your payroll process first. Calculating employee and employer taxes. holidays (e.g.,

Employee Relations 78

Employee Relations Restaurant Law Government Tip Distribution 78

Restaurant365

MARCH 3, 2020

Knowing how to calculate labor cost percentage allows you to monitor this large expense and streamline your labor operations. Calculating Restaurant Labor Cost by Hours Worked. Understanding your labor starts with calculating your fully burdened labor cost, the total amount your restaurant spends on labor. Conclusion.

Point of Sale 99

Point of Sale Front of House Fine Dining Back of House 99

Sling

NOVEMBER 24, 2020

How To Calculate Gross Pay Vs. Net Pay. How To Calculate Gross Pay. When it comes to determining payroll , you calculate gross pay vs. net pay using different methods. You’ll also calculate gross pay differently for hourly employees vs. salaried employees. How To Calculate Net Pay. Hourly Employee.

Management 78

Management Management Tip Distribution Definition 78

Modern Restaurant Management

FEBRUARY 28, 2022

Subsequently, city trends were normalized against trends for the country as a whole in each time period, to better control for non-city-specific effects like seasonal/holiday change, gradual vaccine adoption, emergence of the Delta and Omicron variants and changing political/media focus.

Employee Relations 198

Employee Relations Dine-in Customer Experience Sustainability 198

Touch Bistro

AUGUST 11, 2021

In this guide to restaurant labor costs, we’ll explore: What labor costs include How to calculate your restaurant labor cost percentage How to evaluate your labor costs How to reduce labor costs with 5 easy tips. How to Calculate Your Restaurant Labor Cost Percentage. Calculating Your Prime Cost. Divide Labor Costs into Groups.

Front of House 98

Front of House Back of House POS Training 98

Modern Restaurant Management

JANUARY 15, 2020

Automated Calculation of Wages. With the introduction of payroll software, you can say goodbye to Excel sheets and calculators as it helps to calculate wages automatically. It is a pain to calculate shift premiums like overtime, split shifts, and statutory holiday pay, especially when the employees are paid different wages.

License 112

License Information Consumer Goods Catering 112

Sling

DECEMBER 19, 2020

For example, your business may offer vacation time in the following groups: Paid holiday Paid vacation Personal Sick leave Inclement weather (uncommon). For vacation time, most United States employers offer: 10 days paid holiday 14 days paid vacation 2 days paid personal leave 8 days paid sick leave. appeared first on Sling.

Management 78

Management Management Take-out Government 78

Sling

NOVEMBER 18, 2020

To help simplify payroll calculations, the FLSA allows employers to round the clock-in and clock-out time to the nearest increment tracked. At the end of each pay period, before calculating payroll, require that each employee reviews their time card and verifies that everything is correct. 6) Employees Should Verify Their Time Cards.

Management 78

Management Management Employee Relations Mobile Ordering 78

Xtra Chef

FEBRUARY 13, 2020

Offer easy-to-prepare items that are manageable in the midst of the busy holiday. Using Recipe Management software is a great way for you to easily calculate the real-time cost of each dish on your menu and make sure that you’re maintaining healthy margins. Finally, pricing your prix fixe is key. Crank up the Ambience…to a Point.

Point of Sale 98

Point of Sale Fine Dining Demo Customer Experience 98

Lavu

JANUARY 3, 2020

How do You Calculate Restaurant EBITDA? How to Calculate Restaurant EBITDA? Operating profit is calculated directly by subtracting costs of goods sold (COGS) and expenses from the total restaurant sales. How to Calculate Restaurant EBITDA? Every restaurant owner or manager needs to understand how to calculate EBITDA.

Cash Management 80

Cash Management Point of Sale Seasonal Menu Inventory 80

Sling

APRIL 10, 2020

time-off management) is the process of managing time-off requests — such as holidays, sick leave, vacation, emergencies, and parental leave — through a series of policies, guidelines, and rules that are specific to your business. Leave policy guidelines should include such information as: Holidays your business will observe.

Management 78

Management Management Tip Distribution Information 78

Xtra Chef

NOVEMBER 18, 2020

For example, you can estimate holiday sales forecasts by exploring sales over the same period last year. Knowing what each recipe yields is an important step both in calculating plate costs and maintaining correct and consistent portion sizes. To forecast your par levels, refer back to past sales data.

Waste 110

Waste Food Front of House Compost 110

Restaurant365

JANUARY 14, 2020

With scheduling software, integrated with sales data provided by your point of sale (POS) system, you can calculate your optimum sales and number of customers served per labor hour. Plan for Holidays. Your sales per labor hour (SPLH) is a key indicator of productivity. Conclusion.

Restaurant Law 97

Restaurant Law Point of Sale Webinar Mobile Ordering 97

Xtra Chef

NOVEMBER 20, 2019

And, with it, comes a rise in reservations for holiday parties, special family outings and overall overindulgence. The holiday season can be a boon for many restaurants, but it can also exacerbate an issue that plagues the restaurant industry all year long: food waste. The Issue of Food Waste in the Restaurant Industry.

Waste 75

Waste Compost Front of House Food 75

Ken Burgin

JUNE 13, 2023

If you need to serve a dish to more people than usual, or if you’re experimenting with small-scale trial of a new dish, AI can do the calculations for you to adjust the ingredients’ quantities, and can account for factors that aren’t linear. Food Costing : AI can be invaluable in food cost control.

Management 68

Management Management Dietary Restrictions Seasonal Menu 68

Apicbase

MARCH 28, 2024

Labour cost percentage – the total cost of labour , including wages, benefits and holiday pay, as a percentage of sales revenue. Recipe Management Software – Recipe management software is a technology that stores recipes, calculates food costs, and creates food preparation plans, helping with menu planning and cost control.

Back of House 52

Back of House FOH BOH Front of House 52

Ken Burgin

FEBRUARY 13, 2024

Applicants will want to understand the restaurant’s policy on tips, including whether they’re shared, kept individually, or pooled and then distributed, and if so, how the distribution is calculated. How does the restaurant handle holiday pay and sick leave? What are the expected work shifts and how are they assigned?

Front of House 78

Front of House Tip Distribution Kitchen Safety Customer Service 78

Black Box Intelligence

OCTOBER 15, 2021

How to calculate share of wallet. In order to calculate share of wallet, you need to know how many brands exist within a certain category and how those brands are ranked for customer preference. How to calculate market share. What is market share? Market share can be segmented by metro area, region, or restaurant category.

Point of Sale 76

Point of Sale Consumer Goods Social Media Guest Recovery 76

Black Box Intelligence

NOVEMBER 17, 2022

Calculated on a 3-year basis, same-store sales growth during October (compared to October 2019) revealed all industry segments are maintaining positive growth for the fourth consecutive month. At the end of Q3 and before the heavy volume holiday season commences, full-service restaurants have shored up their back-of-house staff.

Fast Casual 74

Fast Casual Front of House Back of House Fine Dining 74

Sling

JUNE 12, 2022

at a conference, off sick, on holiday) all at the same time. For more free resources to help you manage your business better, organize and schedule your team, and track and calculate labor costs, visit our website. While businesses are more likely to focus on preventing the former, the latter can be just as harmful to your business.

Point of Sale 146

Point of Sale Hiring Website Management Customer Experience 146

Lavu

NOVEMBER 13, 2019

If you say that 15 points equals two dollars in rewards, and every 10 dollars equals a five dollar gift card, the calculation process becomes more difficult than the reward is worth it. There are too many easy-to-use websites and mobile apps that make calculating points and incentives a breeze. Use Technology to Your Advantage.

Loyalty Program 60

Loyalty Program Point of Sale Customer Service Email Marketing 60

Sling

NOVEMBER 3, 2022

To set a wholesale price, first calculate the cost of goods manufactured (COGM) and then factor in transportation, overhead, and a profit margin that will keep your business in the black. A good example of dynamic pricing is when the price of gasoline goes up on the weekends and holidays. 2) Manufacturer suggested retail pricing.

Retail 78

Retail Pricing Point of Sale Customer Service 78

Black Box Intelligence

SEPTEMBER 24, 2021

Restaurant Calculations: Financial Metrics Every Restaurateur Should Track to Outperform the Competition. Understanding key restaurant calculations will help you assess your performance and plan your menu, labor needs, Read More. We compile comprehensive data. Restaurant Benchmarking Q&A with Twin Peaks.

Social Media 79

Social Media Consumer Goods Download Point of Sale 79

RGU

DECEMBER 3, 2019

Chris Christoff The holidays are fast approaching, and as such, businesses are preparing for the craze that comes with excess spending. Total holiday retail sales in the U.S. Now is the perfect time to take advantage of excess consumer spending so your brand can benefit from the holiday season.

Marketing 52

Marketing Email Marketing Social Media Consumer Goods 52

Sling

JULY 10, 2020

November through February for the holiday rush or May through September for the summer season). For example, if you need to put together a schedule for the Christmas holiday, don’t wait until the middle of November. The job for which they are being hired starts and ends at approximately the same time each year (e.g.,

Hiring 78

Hiring Training Article Document 78