The Eat Restaurant

SEPTEMBER 22, 2019

There was a time when POS systems were limited to open-and-close cash registers, but as technology has grown, so have payment systems. Implementing a new point-of-sale system will heavily influence your day-to-day operations, so don’t skip out on your research.

POS 60

POS Point of Sale Influencer Technology 60

7 Shifts

JULY 16, 2021

We're all here for it! Coffee shops can be so much more than a place to grab a cup of joe and a croissant. They are places where friends and family gather, where ideas are formed and spread, and where important work gets done. At their best, they're an essential part of their community—a third place beyond work and the home. Table of Contents.

License 461

License Hiring Equipment Point of Sale 461

Modern Restaurant Management

DECEMBER 10, 2021

Your restaurant’s main selling point is the food. A quick look at your POS data will identify the top three selling items on your menu. Train your staff to build other taking points. The more talking points you can generate for your restaurant, the more traffic you’re likely to get. Net result?

Marketing 222

Marketing SEO Front of House Website Management 222

Squirrel Systems

FEBRUARY 16, 2024

In this article, we delve into the anticipated restaurant and menu trends for 2024 and explore how technology, particularly advanced point-of-sale (POS) solutions, can enable restaurateurs to ride the wave of these trends successfully.

2024 52

2024 Technology Menu Mobile Ordering 52

Restaurant365

SEPTEMBER 23, 2021

For instance, since restaurants primarily sell food and drink, inventory turns over at a very frequent rate, and sales are made up of a high number of transactions. Between inventory, sales, and other data points like labor, restaurants generate an enormous amount of data. What specific issues do restaurants face in accounting?

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Modern Restaurant Management

APRIL 14, 2022

At first glance, factors influencing where to grab a quick bite to eat may seem different from those behind buying a new pair of shoes. Yet they share a similar objective – influencing and serving customers wherever they are and with whatever they want. Now, it’s the same with QSRs. Create an Experience in a Paper Bag.

Retail 184

Retail Customer Experience Online Ordering Point of Sale 184

Modern Restaurant Management

MAY 19, 2022

Not only is your menu a key part of the customer experience but consider all major areas of restaurant operations, such as food cost, labor, marketing, accounting, and sales forecasts when making decisions about your menu. Neck and neck with the labor shortage, inflation has recently become a huge issue that operators are forced to combat.

Waste 175

Waste Food Supply Point of Sale Inventory 175

Focus POS

FEBRUARY 5, 2019

Higher table turnover rate equals more satisfied customers and greater sales revenue. Choose the Right POS System. Look for a point of sale (POS) system that includes robust table management features, such as a customizable floor plan that makes it easy for hosts to track which tables are filled or available.

Management 106

Management Management Tip Distribution Point of Sale 106

The Rail

MARCH 27, 2024

By Emma Carter, Contributor The 2024 National Restaurant Association report shows that sales are up and restaurants are hiring. From employee turnover rate to who makes the most sales, using data science for restaurants helps with employee management. Guests are also looking for more personalized dining experiences.

Email Marketing 52

Email Marketing Point of Sale 2024 Seasonal Menu 52

Modern Restaurant Management

DECEMBER 21, 2023

Each year, Modern Restaurant Management (MRM) magazine asks experts for their views on the state of the industry. Here are some of their insights. Click here for the first part and here for the second one. Creators entering more fully into the on-premise business model are becoming better partners for their B2B customers.

2023 120

2023 2024 Insurance Employee Relations 120

Modern Restaurant Management

JANUARY 8, 2024

Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour. This trend reflects the growing popularity of drive-thru and fast-casual dining, coupled with the demand for digital technologies such as QSR digital signage and QR codes.

2024 212

2024 Loyalty Program Cash Management Customer Experience 212

Perfect Daily Grind

MAY 17, 2022

For example, one of the most effective technological changes has been the implementation of point of sale (POS) systems and digital signage in coffee shops. For example, one of the most effective technological changes has been the implementation of point of sale (POS) systems and digital signage in coffee shops.

Technology 188

Technology Online Ordering Mobile Ordering Kitchen Safety 188

Lavu

MARCH 7, 2020

Restaurant Point of Sale and Cyber Safety. Not only are consumer dining choices influenced by new technology, but cloud-based point-of-sale systems are replacing stationary legacy systems. Encryption, tokenization, and EMV chip card technology in mPOS (mobile point of sale) allow restaurant owners to rest easy.

Point of Sale 78

Point of Sale POS Website Management Online Ordering 78

The Restaurant Times

MARCH 6, 2023

As opposed to profit, which is demonstrated as a dollar amount, your restaurant’s profit margins are its profits represented as a percentage of annual sales. As opposed to profit, which is demonstrated as a dollar amount, your restaurant’s profit margins are its profits represented as a percentage of annual sales. Read along!

Food Truck 52

Food Truck Point of Sale Employee Relations Equipment 52

BNG Point of Sale

SEPTEMBER 2, 2021

The margin varies depending on several distinct factors, such as location and type of cuisine served. . Understanding profit margins is a vital skill to the success of any restaurant business and common restaurant operations. As a result, many restaurants work to the 30,30,30,10 rule, which looks something like this: . 30% food costs .

Food Truck 52

Food Truck Loyalty Program Food Point of Sale 52

Rocket Fuel

DECEMBER 9, 2022

Speed of service (SoS) may be one of the most important metrics your QSR restaurants track—Its influence on other facets of your business is undeniable. Generate accurate sales forecasts Forecasting accurately is the number one key driver to ensuring your locations are staffed properly for busy spikes throughout the week and days.

2024 52

2024 Point of Sale Customer Service Seasonal Menu 52

Rocket Fuel

DECEMBER 9, 2022

Speed of service (SoS) may be one of the most important metrics your QSR restaurants track—Its influence on other facets of your business is undeniable. Generate accurate sales forecasts. Your current sales trend or average, which is typically built into your schedule-building software, but not always. The weather forecast.

2023 52

2023 Point of Sale Customer Service Seasonal Menu 52

Modern Restaurant Management

SEPTEMBER 8, 2021

According to PwC, consumers are most influenced by their trust in a brand, which also includes places where they’re sure of safety and cleanliness. Without the widespread threat of infection, cleaning was previously more focused on appearance than protecting public health and was not as strategic as it needs to be today.

Kitchen Safety 183

Kitchen Safety Employee Relations Communication Point of Sale 183

Cheetah

DECEMBER 2, 2021

Review these top 5 tip pooling platforms to find the best one for your restaurant and POS system. Toast - Tipping within Your POS. Toast is one of the major players on the restaurant POS scene. Toast aims to be a one-stop-shop for all the digital needs of a restaurant, from the Point of Sale to the cash drawer.

Cash Management 78

Cash Management Restaurant Law POS Employee Relations 78

Cheetah

DECEMBER 1, 2021

Review these top 5 tip pooling platforms to find the best one for your restaurant and POS system. Toast - Tipping within Your POS. Toast is one of the major players on the restaurant POS scene. Toast aims to be a one-stop-shop for all the digital needs of a restaurant, from the Point of Sale to the cash drawer.

Cash Management 78

Cash Management Restaurant Law POS Employee Relations 78

Open for Business

OCTOBER 20, 2023

Market research Before you even think about the menu or location, you need to understand the guests who will walk through your doors. Are you targeting families, young professionals, or a little bit of everything? Knowing your audience will inform your menu, but more importantly, your restaurant’s overall vibe and service style.

License 78

License Email Marketing Front of House Seasonal Menu 78

Focus POS

NOVEMBER 19, 2019

That means that online reviews are a huge influence on your restaurant marketing. The best part about this marketing idea is that a loyalty program integrated with your point of sale will collect and organize crucial customer data for you. When you are looking to try a new restaurant, what’s the first thing you do?

2020 74

2020 Marketing Loyalty Program Email Marketing 74

Modern Restaurant Management

OCTOBER 4, 2021

The data also points to a broken customer arrival experience. Must haves for local chain restaurant apps include easy ordering (66 percent), easy payment (61 percent), loyalty/rewards points (52 percent), and coupons and/or deals (52 percent). The State of What Feeds Us. Restaurant apps reign supreme over third-party apps.

2021 146

2021 Fast Casual Mobile Ordering Social Media 146

Lavu

MARCH 27, 2020

There’s a reason there are millions of food photos on Instagram and just a few thousand of point of sale systems (POS). The point is that restaurants and dining habits have changed dramatically in the past two centuries. Think of them as the real-life version of those house robots from ’80s movies.

Point of Sale 78

Point of Sale Front of House Mobile Ordering Back of House 78

Lavu

NOVEMBER 18, 2022

An idea to open a pizzeria is just an idea until you put your plan on paper. If you’re ready to turn your dream of opening a pizza restaurant into a reality, here is an example of a pizza business plan to help you get started. Use the ebook and example pizza business plan to get ready to open your new business. How much space do you need?

Loyalty Program 78

Loyalty Program Download Document Point of Sale 78

Lavu

FEBRUARY 24, 2020

About 56% of modern-day customers are influenced by the ability to pay for food using mobile payments when choosing which restaurant to buy from. The mobile payment apps can be integrated directly into an existing POS system. In addition, the mobile payment can be integrated with a loyalty program to boost sales.

Mobile Ordering 78

Mobile Ordering Cash Management Point of Sale Online Ordering 78

Modern Restaurant Management

JANUARY 12, 2022

71 percent rely on delivery for 11 percent or more of sales. 33 percent rely on delivery for more than 20 percent of sales. 65 percent rely on mobile ordering for 11 percent or more of sales. 25 percent rely on mobile ordering for more than 20 percent of sales. Investment in delivery and mobile ordering pays off.

2022 210

2022 Mobile Ordering Guest Recovery Point of Sale 210

Restaurant365

OCTOBER 14, 2020

Inaccurate numbers can, at best, point you in the wrong direction, and at worst, lead to unsound financial decisions. When creating a restaurant budget, there are four main areas to consider: Track Your Restaurant Sales. Your restaurant sales, or income, are one of the biggest factors in your budget. Collect data.

Point of Sale 78

Point of Sale Email Marketing Advertising Cash Management 78

BNG Point of Sale

AUGUST 27, 2021

With 1 million in annual sales, you can expect to earn $150K from pre-tax profits! . What is the maximum profit margin that may be achieved in the pizza industry — and what factors influence this figure in the pizza business? . This means that with around 1m in annual sales, you can expect to make $150K in pre-tax profit.

Point of Sale 52

Point of Sale Franchise Franchising Small Business 52

The Restaurant Times

NOVEMBER 17, 2021

Takeout, drive-through, and delivery accounted for 60% of all restaurant and foodservice sales in October 2019, according to the National Restaurant Association. Takeout, drive-through, and delivery accounted for 60% of all restaurant and foodservice sales in October 2019, according to the National Restaurant Association.

Online Ordering 52

Online Ordering Ordering Front of House Food Order 52

Get Beyond

OCTOBER 24, 2023

It’s a massive day for making sales. Eye up your inventory You can’t beat all your sales goals if you don’t have the inventory ready. Look at your books and track sales for the past few months or up to a year if you have it. At this point, we’re all familiar with the shipping delays that plague the holiday season.

Small Business 52

Small Business 2023 Social Media Customer Experience 52

Lavu

FEBRUARY 12, 2020

Based on the unique needs of ice cream stores, we have developed a concise list of essential KPIs that explain the state of your business and help you steer it in a profitable direction; all of which can be monitored with an ice cream shop POS system. . Running an ice cream or frozen yoghurt parlor is very different from running a restaurant.

Point of Sale 78

Point of Sale Employee Relations Customer Service Loyalty Program 78

BNG Point of Sale

JULY 16, 2021

To make the most of restaurants or catering businesses, you’ll need to answer some vital questions and know how much volume the business can generate in sales as monthly revenue, and at any given time. Most average restaurant revenue statistics reflect pre-COVID sales numbers. What Is Restaurant Revenue?

Point of Sale 52

Point of Sale Seasonal Menu Cash Management Fine Dining 52

7 Shifts

MARCH 27, 2020

Consider things like merchandise sales, inventory sales, or private cooking lessons. You can point your restaurant staff towards monetary relief programs offered by the government and other organizations to help them stay afloat if your business closes. In some areas, they are even being legally required to do so.

Social Media 312

Social Media Restaurant Law Employee Relations Communication 312

Mad Mobile

FEBRUARY 16, 2024

A 2022 Deloitte Study found that consumers spend an incredible 20% more when ordering through technology like tableside ordering , online menus, and handheld POS devices. Welcome to the digital age of dining, where QR codes are becoming the cornerstone of a modern, efficient, and engaging restaurant experience. What is a QR code?

Ordering 40

Ordering Loyalty Program Social Media Mobile Ordering 40

Rocket Fuel

MAY 1, 2023

In today’s competitive quick-service restaurant (QSR) landscape, operators must adapt to evolving consumer behavior and leverage every available sales channel to stay ahead. However, 2022 saw a resurgence in counter sales, reaching 14.44%, a 51.9%

Operations 52

Operations Guest Recovery Mobile Ordering Point of Sale 52

Aaron Allen & Associates

AUGUST 22, 2022

TAM Applications: The Example of POS Companies Another recent example can be found looking at restaurant point-of-sale (POS) companies. Nearly every POS company has called us at some point (their investors too). How should I be thinking about it, you may wonder. There are a lot of angles to consider.

Marketing 59

Marketing Point of Sale POS Customer Service 59