SpotOn

JANUARY 13, 2025

This will be helpful for filing insurance claims and applying for state or federal aid programs as they become available.  💡 To access the SpotOn Virtual Terminal, log in to your client Dashboard and select Virtual Terminal from the menu.

Online Ordering 98

Online Ordering Document Email Marketing Back of House 98

Modern Restaurant Management

JANUARY 31, 2025

Nearly two-thirds (65 percent) say they plan to increase their number of locations in 2025, and 74 percent plan to expand their menu offerings, leaning into new experiences and experimentation to power their growth. The fully cooked product heats quickly, enabling c-store operators to easily add bacon to a host of their menu options.

Marketing 221

Marketing Loyalty Program 2024 2025 221

Goliath Consulting

MARCH 3, 2025

Cost Savings and Exclusive Benefits Many restaurant associations offer discount programs and group purchasing options, leading to significant savings on essential services such as food supplies, insurance, credit card processing, and energy costs. Goliath Consulting Group is a restaurant consultancy group based in Atlanta, Georgia.

Food Safety 248

Food Safety Certification Restaurant Law Healthcare 248

SpotOn

FEBRUARY 26, 2025

Gross profit margin Gross profit margin measures how much money you have left over after COGS and is used to measure the profitability of your menu. You can go even deeper with menu engineering , which is the process of evaluating each menu item's sales (popularity) and gross profit margin (profitability). Smallwares.

License 90

License Point of Sale Insurance POS 90

Lavu

JUNE 6, 2025

Examples of fixed costs for a restaurant include rent, insurance, and equipment lease payments. However, finding ways to negotiate lower rent or insurance rates, or to optimize equipment usage can help to reduce fixed costs. One effective way to achieve this is by using cost-effective ingredients in your menu items.

Loyalty Program 78

Loyalty Program Waste Recycling Inventory 78

Modern Restaurant Management

DECEMBER 31, 2024

The primary response was menu price increases, with nearly 61 percent of respondents adjusting prices to cope with the new reality. However, the industry has renewed optimism, driven by the adoption of digital and mobile ordering, menu creativity and heightened expectations around AI.

Franchise 221

Franchise Franchising 2024 Mobile Ordering 221

Modern Restaurant Management

MARCH 11, 2025

From a legal perspective, Insurance : the pandemic highlighted the limitations of insurance policies. Several high-profile restaurant groups brought litigation against insurance companies for their coverage position, but were ultimately unsuccessful. Innovate or die was the new mantra.

Mobile Ordering 418

Mobile Ordering Kitchen Safety Fine Dining Food Safety 418

Lavu

JUNE 26, 2025

Let’s start with some basic terms: Cost of Goods Sold (COGS): This is the cost of all the items and ingredients on your menu (Beginning Inventory + Purchased Inventory – Ending Inventory). Occupancy Expenses: This refers to fixed costs like rent, property taxes, utilities, and property insurance.

2025 113

2025 Cash Management Point of Sale POS 113

SpotOn

DECEMBER 30, 2024

But many owners don't account for the high fixed costs of bars —like repairs, insurance, and alcohol theft which can leave them with less profit than expected. Along with helping you track inventory, it brings together your recipes and ingredient costs, to give you an accurate recipe cost for every menu item.

Operations 52

Operations Loyalty Program Online Ordering POS 52

Paper Chase Accountancy

JUNE 30, 2025

Bars typically have a simpler food menu but a more complicated drink menu, while restaurants deal with a more extensive food inventory and simpler drink lists. Furthermore, insurance costs can skyrocket due to the increased risk of incidents at nightclubs. This affects how inventory is tracked and costed.

Bar 82

Bar Cash Management Hotels Inventory 82

EATER

MARCH 11, 2025

But theres still no federal sick leave policy, and often restaurants still dont provide workers with health insurance or other benefits. Pop-ups can either be a final destination for a menu concept, or, for those determined to open a brick-and-mortar spot, a stop along the way to restaurant ownership.

Food Supply 221

Food Supply Outdoor Food Order Food Safety 221

Society Insurance

MARCH 4, 2025

Society Insurance has spent 110 years helping protect businesses and has seen firsthand how nuclear verdicts have evolved in the U.S. Even if a restaurant doesn’t face a verdict, the prevalence of such cases can drive up insurance premiums industry-wide, increasing operating costs. Recent data shows that U.S. Sign up today !

Insurance 52

Insurance Food Safety 2025 2013 52

EATER

FEBRUARY 4, 2025

Getty Images Bird flu outbreaks have caused egg prices to rise, forcing some restaurants either adapt recipes or raise menu prices Toward the end of 2024, James Wong of the San Francisco bakery Breadbelly was already mentally preparing for his egg prices to go up: They also spiked at the end of 2022 and 2023 , due to nationwide bird flu outbreaks.

Food Supply 271

Food Supply 2023 Pricing 2024 271

Modern Restaurant Management

MAY 16, 2022

With change in restaurant management so dynamic, industry experts say that now is a good time to review and even revamp restaurant insurance policies. “Along with making changes to their menu offerings and business models, many restaurateurs are also reassessing their insurance needs.” Food Delivery Issues.

Insurance 520

Insurance 2022 Food Safety Delivery 520

Modern Restaurant Management

JUNE 21, 2023

Not all menu items are created equal, nor do they contribute the same profit to the bottom line. To take advantage of everything a menu has to offer, operators can use menu engineering, a technique that consists of analyzing each item’s contribution to the profit against how often it is purchased.

Menu 450

Menu Influencer Design Food Order 450

Modern Restaurant Management

JANUARY 2, 2024

Further, it has the potential to help customers place their orders where the menu can display past preferences and also upsell based on the available data. This trend will manifest itself at many levels, whether in retail labeling or how restaurants describe their menu items to customers. Golden Corral is one.

2024 493

2024 Food Safety Fast Casual Insurance 493

Modern Restaurant Management

DECEMBER 6, 2021

Rent, food, labor, utilities, and insurance are prime examples. We’ve come up with several tips that can help save your business money while improving it at the same time: Use technology to reduce labor costs : Through online management systems, waitlist kiosks, and QR codes that lead to your menu or website.

Loyalty Program 493

Loyalty Program Insurance Website Management Customer Experience 493

Modern Restaurant Management

JANUARY 28, 2020

For example, if using in-house staff, you have the ability to control your entire brand experience for delivery; however, you also have to keep in mind the hiring and management of drivers, insurance, staffing levels, payment, etc. Consider your menu and packaging. This leads to a disappointing delivery experience for everyone.

Delivery 533

Delivery Consumer Goods Online Ordering Customer Service 533

Modern Restaurant Management

APRIL 13, 2022

A fragmented supply chain is also increasing ingredient costs, leading restaurants to balance staff churn with a changing menu to keep revenue consistent. Product insecurity has created an inconsistent menu, as managers are forced to make sometimes weekly updates to accommodate missing ingredients.

POS 539

POS Food Supply Mobile Ordering Point of Sale 539

Culinary Cues

SEPTEMBER 30, 2024

During an election year there is always a focus on what both parties call: “kitchen table issues” – the cost of groceries, mortgage, insurance, child-care, energy, and education, and how much is left for disposable income to be spent on the things we would like to do vs. what we have to do. Reverse engineer your menu from this perspective.

Pricing 415

Pricing Marketing Insurance Seasonal Menu 415

Modern Restaurant Management

MAY 25, 2021

In an instance, businesses had to turn from on-premise to off-premise sales including implementing and focusing on deliveries and pick-up, refashioning menu items and navigating through new regulatory hurdles tied to social distancing and the use of masks.

Hospitality 474

Hospitality Government Insurance Online Ordering 474

Modern Restaurant Management

MAY 12, 2022

Identify the Winner on Your Menu. Often, we look for bottlenecks in production: where an item is custom, requires skilled labor and is used in large quantities on the menu. Other ways to source the key products to manufacture: What’s the most popular item on your menu—that one dish that you’re known for?

Retail 450

Retail Certification Seasonal Menu Insurance 450

Modern Restaurant Management

MARCH 13, 2024

Reduced staff can result in longer wait times, decreased service quality, and, in some instances, limited operating hours or menu options. Retention Revolution To retain staff, restaurants go beyond salary by offering benefits such as health insurance, retirement plans, and performance bonuses.

Loyalty Program 491

Loyalty Program Customer Service Customer Experience Insurance 491

7 Shifts

JUNE 23, 2020

Auto insurance. Get car insurance You must establish who is liable in the event of an accident. Drivers must have auto insurance in order to drive their vehicles, thus you must lay-out in the contract if you will be paying for any damages while on the job. Auto is in quality shape. Valid driver's license. Clean driving record.

FOH 370

FOH Delivery Insurance Back of House 370

Modern Restaurant Management

JULY 10, 2024

Among the reasons restaurants fail (poor location, inadequate marketing, lack of staff and inventory control, uninspired menu, unreasonable pricing), customer theft is rarely on the radar. A note in the menu noting that guests will be charged would go a long way toward discouraging sticky fingers. Ask your server how to purchase them.”

Back of House 491

Back of House Fine Dining Take-out Social Media 491

Modern Restaurant Management

NOVEMBER 24, 2021

Because of this, operators are being forced to raise their menu prices, cut open hours, place signs on their doors asking customers for patience, and fill-in supply chain gaps, while putting out myriad of other fires. These include sign-on bonuses, higher wages and the offering of health insurance. Food Shortage. Equipment Shortage.

2021 474

2021 Food Supply Food Truck Supplies 474

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. . Train your staff to use ingredients efficiently and plan your menu to minimize waste. Constantino writes.

Food Truck 397

Food Truck Customer Service Seasonal Menu Loyalty Program 397

Modern Restaurant Management

DECEMBER 16, 2021

This is why next year, operators will offer more benefits like hiring incentives, higher hourly wages, health insurance, paid time off, earned wage access (EWA) and more to not only hire fresh labor, but retain top talent. It isn’t unemployment benefits giving employees pause: it’s underappreciation.

2022 473

2022 Hospitality Loyalty Program Point of Sale 473

Modern Restaurant Management

SEPTEMBER 25, 2020

Most people focus on logistics like food costs, menu selection, and profit margins when they give advice on how to open a food truck. Here are some ways you can benefit by taking this route: Fine-tune your menu. Only one item that was on the Vet Chef menu on opening day is still around (their signature California burrito).

Food Truck 445

Food Truck Food Food Safety Customer Service 445

Modern Restaurant Management

MARCH 24, 2021

To that end, IHOP’s menu went from 12 pages to two , Dave & Buster’s from 40 items to 15, and even McDonald’s transitioned to limited offerings during certain stages of the pandemic. Namely, products that the restaurant can reasonably afford to take a 20 or 30% hit on. Co-created with Burma Inc.,

Delivery 473

Delivery Customer Service Point of Sale Customer Experience 473

7 Shifts

AUGUST 2, 2024

By tracking metrics like customer retention and employee turnover rate, contribution margin, and menu item profitability, restaurant managers can identify each area’s strengths and what areas need improvement. Use this data to establish clear and specific goals and adjust your strategies as needed.

Point of Sale 397

Point of Sale Inventory Seasonal Menu Cash Management 397

7 Shifts

MAY 11, 2020

Restart any utilities like power, water, heat that you may have temporarily shut off during quarantine Get in touch with pest control Restart phone & internet Contact your insurance provider Restart your rent (if payments were deferred) Equipment: ??

BOH 368

BOH Food Safety FOH Equipment 368

7 Shifts

APRIL 7, 2021

In some cases, the employer will also educate employees on outside resources like life insurance, homeowners insurance, and even home warranty services. Depending on the position, new employees are taught the importance of food prep work along with how the chef and his/her cooks curate the menu.

Training 370

Training Food Safety Customer Experience Insurance 370

7 Shifts

SEPTEMBER 9, 2024

Offer comprehensive benefits to restaurant workers In addition to wages, make sure to outline the benefits you offer, such as health insurance, paid time off, or employee discounts. For instance, a job listing for a line cook might state, “$17 per hour, health insurance, paid sick days, and employee meals included.”

2024 335

2024 Social Media Insurance Leadership 335

Modern Restaurant Management

APRIL 29, 2021

“A customer can read the menu, enter their order and pay for the meal, all from their phone or table device. Provide great benefits, 401k, life insurance, etc. ” One way to do so: increase menu prices. The wait staff is still there to answer questions but can also refill drinks and bring food.

Fast Casual 553

Fast Casual Hiring Online Ordering Front of House 553

7 Shifts

AUGUST 7, 2024

Why it matters Restaurant Food Cost Percentages Calculate Food Cost Percentage Food costs vs Prime costs Menu Changes and Seasonality Strategies to Reduce Your Food Costs Food Cost Management Tools FAQ What is food cost? It all depends on the kind of restaurant and what's on your menu. Table of Contents What is it?

Food 370

Food Seasonal Menu Inventory Pricing 370

Modern Restaurant Management

MARCH 16, 2020

Global insurance brokerage Hub International , is responding tonumerous inquiries asking for more guidance through the Coronavirus crisis. Insurance coverages that may apply and how you need to approach the claims process. .” On Tuesday, March 17 , Roslyn Stone, MPH, COO of Zero Hour Health and Founder of Zedic.

Food Safety 585

Food Safety Kitchen Safety Small Business Employee Relations 585