Modern Restaurant Management

DECEMBER 30, 2020

While restaurants looked after frontline workers, diners lended their own efforts to support restaurants and their staff in 2020, offering donations, gift cards, tickets towards online classes and merchandise purchases. million POS software installations globally at major retail and hospitality operators as of June 2020.

2020 207

2020 Merchandise Retail Point of Sale 207

Open for Business

MAY 16, 2024

Accessibility and convenience for guests Make it easy for potential customers to find baseline information about your restaurant, like location, menu, hours of operation, and contact details. Include hours of operation, location, map, and contact information (phone number and email). Here are some of the key benefits of building one.

Website Management 78

Website Management Email Marketing SEO Seasonal Menu 78

The Restaurant Times

AUGUST 31, 2020

Beginning Inventory + New Inventory Purchased – Ending Inventory = Total Food Usage in a particular period. . The period cost can determine food cost, beverage costs, and merchandise cost. Make sure that you are comparing the right inventory and purchase period to the correct sales period. .

Inventory 52

Inventory Management Management Food 52

Modern Restaurant Management

JANUARY 2, 2024

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. The artistry of chefs and the creativity of restaurateurs will continue to be at the forefront, while these tools become operational enhancers.

2024 193

2024 Fast Casual Insurance Food Safety 193

The Restaurant Times

OCTOBER 5, 2020

Where, Net Income = Gross Revenue – Operating Expenses. Gross Revenue is the sales revenue generated by selling food, beverages, and merchandise plus additional gains, i.e., income from a transaction that doesn’t come from regular business operations. Monitoring sales to keep the inventory levels in order .

Operations 52

Operations Equipment Merchandise Food Order 52

Modern Restaurant Management

NOVEMBER 8, 2019

These weighing scales are designed to take the guesswork out of food measurement and ensure controlled costs and better inventory management. By making sure that you dish out properly sized portions, you can save money and manage your inventory better. A receiving scale is used to weigh merchandise when it arrives.

Merchandise 111

Merchandise Inventory Certification Government 111

Aaron Allen & Associates

NOVEMBER 12, 2021

Menus, SKUs, inventory, POS data, etc. How to Shore Up Margin Erosion with Menu Strategy Margins are being compressed for restaurants and foodservice operators around the world. It’s about more than tactical design, merchandising techniques, promotional tactics, and pricing strategies though. Make Your Menu Work Harder.

Menu 105

Menu Merchandise Design Pricing 105

Aaron Allen & Associates

MARCH 29, 2024

This balance is not just about meeting consumer expectations but also about driving profitability and operational efficiency. The operational complexity of the new menu items needs to be thoughtfully considered, as they may seriously delay throughput. This is what menu engineering is about.

Innovation 52

Innovation Menu 2024 FOH 52

7 Shifts

MARCH 27, 2020

states are forcing non-essential businesses to stop operations. However, many states that are forcing restaurants to stop their dine-in services are allowing them to operate as takeout and delivery-only establishments. Consider things like merchandise sales, inventory sales, or private cooking lessons.

Social Media 312

Social Media Restaurant Law Employee Relations Communication 312

Restaurant365

MAY 7, 2020

Create internal standard operating procedures detailing what your opening, closing, and operations cleaning will entail. General managers and restaurant owner/operators should create checklists for crew and managers to use during their shifts. This will streamline your inventory and give you better visual access to your shelves.

Food Safety 142

Food Safety Cash Management Point of Sale Social Media 142

MBB Hospitality

NOVEMBER 28, 2023

This includes optimizing your inventory to reduce waste, negotiating with suppliers for better rates, and employing technology to streamline operations. By maintaining a lean operation, you can improve your restaurant’s resilience against the unpredictability of the industry. Look to the global market for inspiration.

Loyalty Program 52

Loyalty Program Customer Service Customer Experience Social Media 52

BNG Point of Sale

OCTOBER 13, 2021

Without a positive customer experience, the crucial business operations of a convenience store won’t live up to expectations—especially to the customer. Inventory Management Support. Owning a convenience store is a time-consuming business, and it’s easy to lose track of crucial inventory information and stock management.

POS 52

POS Point of Sale Cash Management Inventory 52

Cheetah

AUGUST 28, 2020

Instagrammable merchandise like T-shirts is a relatively simple way of reaching that lifestyle vibe and driving social media engagement. It is much easier to streamline inventory management and drive food costs down with a smaller menu. Rent, service staff salaries and operational costs are all reduced to a minimum.

Online Ordering 117

Online Ordering Customer Service Customer Experience Small Business 117

Restaurant365

APRIL 1, 2020

Understanding your cash flow not only keeps your operation afloat, but it also prepares you to handle unexpected changes in sales and expenses. For most restaurants, cash inflows and outflows come principally from operating activities. Your total cash outflow includes cash you spent on operating costs or any funds used to buy assets.

Cash Management 98

Cash Management Management Management Point of Sale 98

The Restaurant Times

NOVEMBER 11, 2021

From operational efficiency to customer experience, restaurant management has several obstacles. 5 Restaurant Apps That Smart Restaurateurs Can Rely On For Smoother Operations. BlueCart is an online and mobile platform that allows you to order merchandise from multiple vendors with a single click. Blue Cart .

Management 93

Management Management Mobile Ordering Online Ordering 93

Perfect Daily Grind

JUNE 16, 2022

Over the past few years, the increasing use of data has helped producers, roasters, and baristas to not only improve coffee quality, but to also make their operations more efficient. Data helps to monitor consistency and identify patterns in operations, as well as highlighting certain areas which may need more attention,” she explains.

Café 141

Café Supplies Technology Merchandise 141

Cheetah

NOVEMBER 23, 2021

Unfortunately, many catering businesses suffer from disorganized operations, especially in relation to sourcing supplies, prepping food and retaining staff. Recap the last years’ data – Review the previous years’ sales and inventory reports and create a data-driven estimate on how much supplies you’ll need, toothpicks too. >>>

Catering 148

Catering Food Supply Seasonal Menu Supplies 148

Lavu

MARCH 27, 2020

The reason is simple: comprehensive restaurant management systems make restaurant operations more efficient, straightforward, and ultimately beneficial to everyone involved, from restaurant owners to customers. And new smart devices and operational systems will improve guest service and streamline operations.”

Point of Sale 78

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

Apicbase

JUNE 16, 2023

This is especially true for large-scale foodservice operations and scaling restaurant businesses. From customer satisfaction to profitability, there are countless metrics that restaurant owners and managers should track to gain a better understanding of their operations. That’s the theory. Why Are Metrics Important?

Point of Sale 52

Point of Sale Inventory Waste Employee Relations 52

Modern Restaurant Management

OCTOBER 29, 2019

Innovation helps restaurants stay competitive and those involved in operations and sourcing need to always be looking for the next thing that grabs attention, differentiates, and brings value to their patrons. Innovation Through Team Operations. We hear frequently how innovation is a mainstay for business survival and growth.

Innovation 143

Innovation Menu Back of House Front of House 143

7 Shifts

JULY 16, 2021

This research will dictate your hours of operation and pricing plans! So, make the most of this step– gathering this information will help you plan, operate, and run a successful coffee shop. Shelving if you're selling merchandise like hats or t-shirts. That all starts with the brain of your operation—the Point of Sale system.

License 461

License Hiring Equipment Point of Sale 461

The Restaurant Times

DECEMBER 22, 2021

A steady increase in the number of customers and order frequencies meant a steady increase in the GMV (gross merchandise value) of restaurants. . Lower Operational Costs. During the lockdown, most businesses were short-handed and had to migrate their operations online. Determining Your POS Budget.

License 52

License Loyalty Program POS Point of Sale 52

Mad Mobile

MARCH 1, 2024

Operational efficiency and cost reduction Tablets and cloud-based POS systems can also significantly impact your daily operations. Inventory management integration Creating your digital menu in your tablet-based POS system makes it possible to track food usage more accurately. Tablets bring new possibilities to the table!

Seasonal Menu 40

Seasonal Menu POS Loyalty Program Customer Experience 40

Rocket Fuel

JULY 12, 2022

This is where you list out the cost of labor, operating, and goods sold. Operating costs are a good way to call out expenses you have little control over. The cost of goods sold may be the most important part of this section because inventory makes up such a large part of your costs. If you sell merchandise, list that too.

Cash Management 52

Cash Management Download Merchandise Audits 52

BNG Point of Sale

OCTOBER 8, 2021

A similar tool not only rings up merchandise, it improves sales, service, and the way your business functions. This article examines how Mobile POS improves business operations. Immediate Access to Inventory. Customers no longer wait while a sales representative disappears to check inventory. It’s called Mobile POS.

Retail 52

Retail POS Mobile Ordering Cash Management 52

Apicbase

MARCH 17, 2023

We’ve asked experts and winning restaurant operators how they achieve longterm success in a changing landscape. Recommended read: 85+ Restaurant Industry Statistics That Every F&B Operator & Manager Needs to Know in 2023 Here we go! But to operate like a well-oiled machine, you must know how to achieve operational excellence.

Customer Experience 52

Customer Experience Consumer Goods Food Supply Customer Service 52

Mad Mobile

JANUARY 23, 2024

Many retailers have already adjusted their approach to shopping and merchandising, introducing powerful omnichannel technologies to streamline operations and help them better compete in a new digital landscape. This could be the secret weapon needed to stay afloat during these uncertain economic times.

Retail 52

Retail 2024 Social Media Online Ordering 52

Modern Restaurant Management

AUGUST 19, 2020

To discuss this topic in more detail join “Restaurant of the Future: How to Take Advantage of the Digital Transformation,” a panel discussion about how technology spurred by COVID-19 will help shape the way restaurants operate, will take place on Thursday, Aug. 20 at 4 p.m. EST. Space is limited, click here to register.

Kitchen Safety 225

Kitchen Safety Food Safety Loyalty Program Technology 225

BNG Point of Sale

AUGUST 27, 2021

Even as the hospitality industry and catering service businesses throughout the country begin to reopen, owners and operators are faced with a whole new set of issues. This number is helpful to measure restaurant efficiency, but it does not consider all your operating expenses. . million and its cost of goods sold was $400,000. .

Point of Sale 52

Point of Sale Social Media Customer Service Online Ordering 52

EATER

NOVEMBER 12, 2021

Given the emphasis on design, it’s unsurprising that some of these things can be found at home goods stores like Superior Merchandise (a sister brand of distillery Yesfolk ) in Troy, New York, and Yowie in Philadelphia. This level of curation, these owners argue, is antithetical to the way most typical grocery stores operate.

Retail 89

Retail Consumer Goods Merchandise Online Ordering 89

The Restaurant Times

APRIL 19, 2021

Food truck outlets operated by established brands need not get an additional license, but getting a food truck permit is the first step to eliminate legal troubles when it comes to starting from scratch. . Both the front-of-the-house and back-of-the-house operations are carried out in the same place in a food truck.

Food Truck 52

Food Truck Kitchen Safety Front of House Food 52

Notch

JANUARY 23, 2019

As an owner-operator, your restaurant likely sits at the center of your life. There are two ways to improve your profit margin: increasing your total revenue, or cutting back your operating costs. Conduct daily inventories. Reducing food waste throughout your operation can have a massive impact on your profits.

Email Marketing 72

Email Marketing Merchandise Website Management Point of Sale 72

BNG Point of Sale

JUNE 29, 2021

The first step is to gain a deep understanding of food, drink, and operational costs. To get your CoGS for a given time period, take the value of your beginning inventory for a specific span of time, including any recent purchases. Then minus this total of your ending inventory. These foods provide profits from 10 to 15%.

Customer Service 52

Customer Service POS Point of Sale Food Truck 52

Notch

JANUARY 23, 2019

As an owner-operator, your restaurant likely sits at the center of your life. There are two ways to improve your profit margin: increasing your total revenue, or cutting back your operating costs. Conduct daily inventories. Reducing food waste throughout your operation can have a massive impact on your profits.

Email Marketing 52

Email Marketing Merchandise Website Management Point of Sale 52

Apicbase

OCTOBER 14, 2022

That means they have to follow the brand guidelines and operational manuals correctly. This number reflects the unit’s total food, beverage, and merchandise sales through all the different revenue streams. More importantly, you’ll notice a deterioration long before it starts harming your brand. What is revenue? Why should you care?

Franchise 52

Franchise Franchising Loyalty Program Online Ordering 52

Modern Restaurant Management

OCTOBER 8, 2020

Flippy ROAR hits the market with advanced cooking capabilities to quickly learn menu items, allowing operators to appeal to new customers and retain eaters with consistently cooked options. “After we shared a sneak peek of the prototype in January, we’ve seen demand through the roof from operators, especially in light of COVID-19.

Kitchen Safety 139

Kitchen Safety Online Ordering Food Safety Point of Sale 139

Mad Mobile

MARCH 8, 2024

Most systems give you access to real-time data about your inventory and integrate with business apps that help you with restaurant management duties. Direct online ordering, merchandise sales, and tickets to special events are easily managed by your new POS. You’ll also have the power to explore new revenue streams.

Ordering 40

Ordering POS Online Ordering Mobile Ordering 40