7 Shifts

DECEMBER 18, 2019

It’s December, and the air is seasoned with the scent of cinnamon, spice, and everything nice. Why you should invest in restaurant lunch specials Increasing lunch sales is a no-brainer in the restaurant business. If you could generate enough sales to at least cover the daytime expenses, the next shift becomes a pure profit center.

Specials 362

Specials Food Truck Seasonal Menu Social Media 362

Restaurant365

MARCH 10, 2020

When you think of your restaurant finances, do you think of your inventory? Your restaurant inventory management is an oft-forgotten component of your finances, but the amount of product you have on hand represents a large part of your budget. What is Restaurant Inventory Management? Sitting Inventory.

Inventory 103

Inventory Management Management Waste 103

Restaurant365

MARCH 10, 2020

When you think of your restaurant finances, do you think of your inventory? Your restaurant inventory management is an oft-forgotten component of your finances, but the amount of product you have on hand represents a large part of your budget. What is Restaurant Inventory Management? Sitting Inventory.

Inventory 78

Inventory Management Management Waste 78

Restaurant Engine

AUGUST 2, 2020

Restaurant owners implement Enterprise Resource Planning (ERP) solutions for inventory management and real-time low stock notifications. Also, when inventory levels fall below par, an ERP system will prompt a manager to re-stock, or even automatically place an order to a supplier. Stockpile : Stock value of product. Recipe Management.

Inventory 80

Inventory Management Management Point of Sale 80

7 Shifts

JANUARY 31, 2024

Metrics and sheets you'll need to track include cost of goods sold, labor costs, new operating income, profit, and (see below) inventory costs. Inventory management Managers need to ensure the kitchen is stocked with the right amount of food so that nothing is wasted and as few items need to be 86'ed as possible.

Management 195

Management Management Kitchen Safety Front of House 195

Apicbase

OCTOBER 28, 2022

If CoGs and overheads rise due to inflation, your menu prices should follow. But before adding a flat 5% to each menu item, use these tactics. In normal circumstances, when menu prices have to be adjusted, it is usually done strategically and with great caution. Use these tactics before you add a flat 5% to your menu.

Pricing 98

Pricing Point of Sale Inventory Seasonal Menu 98

The Rail

MARCH 27, 2024

By Emma Carter, Contributor The 2024 National Restaurant Association report shows that sales are up and restaurants are hiring. Improve Your Restaurant’s Inventory Management It is easy to run out of ingredients or have stock you never use if you don’t manage your inventory properly. Menu optimization isn’t a once-off task.

Email Marketing 52

Email Marketing Point of Sale 2024 Seasonal Menu 52

Aaron Allen & Associates

MARCH 3, 2022

There are so many things to think about — from inventory management to restaurant payment and billing and more — it can be difficult to keep track of it all. We’ll explore software for inventory management, restaurant payment and billing, food delivery, dashboards, restaurant onboarding, reservation management, and ERP systems.

Management 120

Management Management Mobile Ordering Point of Sale 120

Restaurant365

MAY 26, 2020

If your restaurant is emerging from survival mode to a break-even point or even slight profitability, it is important to reevaluate and tune up the largest expense for your restaurant: your restaurant prime cost. Your CoGS is made up of the products you purchase to make the menu items you sell. Restaurant prime cost overview.

Point of Sale 148

Point of Sale Employee Relations Inventory Waste 148

MBB Hospitality

NOVEMBER 15, 2023

It involves tracking the cost of each ingredient, understanding seasonality, and recognizing price fluctuations. Using cost percentage formulas, you can determine the ideal cost for each item on your menu. They can also facilitate better stock management by setting reorder points that prevent both overstocking and stockouts.

Seasonal Menu 52

Seasonal Menu Food Waste Loyalty Program 52

Lavu

DECEMBER 9, 2019

Restaurants that succeed in improving their food costs without immediately resorting to band-aid strategies like raising their menu prices or trying to work with less staff gain a tremendous competitive advantage. Keep Track of Your Inventory. In fact, it’s one of the biggest contributors to the current food waste problem.

Food 91

Food Point of Sale Seasonal Menu Waste 91

Lavu

FEBRUARY 2, 2024

Laminated Menus: Menus are often a significant source of paper waste in restaurants. By laminating menus or placing them in reusable casings, you not only extend the life of the menu but also eliminate the constant need for paper replacements. billion tons of food are wasted annually across the globe.

Waste 78

Waste Food Compost Audits 78

The Restaurant Times

JULY 30, 2020

A restaurant inventory comprises all the items or raw materials required to prepare dishes. As the volume of business increases, inventory management becomes a crucial part of restaurant operations. This article explains how restaurants in the UAE can optimize their inventory using proven restaurant inventory management techniques.

Inventory 52

Inventory Management Management Food Supply 52

Restaurant Clicks

JULY 15, 2021

An adequate food cost ratio helps you price your menu to sell dishes effectively and maximize profit. Cost tracking also allows you to adjust to changes in restaurant sales and adjust prices of products on the go. Taking inventory frequently and minimizing the reduction in your inventory is the easiest way to reduce expenses.

Food 78

Food Seasonal Menu Inventory Point of Sale 78

Restaurant365

JANUARY 7, 2022

Yet, unfortunately, it looks as if we are to have another winter season of adjustments ahead with the Omnicron variant predicted to peak in the United States in January of 2022. Upgrading to a handheld point-of-sale device will save your servers valuable time when taking guest orders. Create a winter menu.

Outdoor 148

Outdoor Seasonal Menu Point of Sale Dine-in 148

Modern Restaurant Management

MARCH 24, 2022

Sales forecasting is always tricky in the restaurant world. Under normal circumstances, you could use previous years’ sales figures to forecast the upcoming year – but, as we emerge from two years of COVID closures, staffing shortages, and general turmoil, previous sales’ figures definitely can’t be trusted.

Point of Sale 174

Point of Sale Seasonal Menu Education Small Business 174

BNG Point of Sale

SEPTEMBER 7, 2021

This is because CoGS are measured by inventory count rather than individual dishes or drinks. CoGS is how much it costs you to produce a menu item. The cost of goods sold is also referred to as the “cost of sales.” Cost of goods sold (CoGS) includes all the costs and expenses related to the making of the menu item.

Point of Sale 52

Point of Sale Inventory Food Supply Seasonal Menu 52

Open for Business

OCTOBER 20, 2023

From budgeting and licensing to crafting the perfect menu, here’s everything you need to know about how to open a restaurant. Market research Before you even think about the menu or location, you need to understand the guests who will walk through your doors. Doing so will give you a sense of the market gap that needs filling.

License 78

License Email Marketing Seasonal Menu Front of House 78

The Restaurant Times

FEBRUARY 7, 2023

Menu pricing is one of the most underestimated aspects of restaurant management. If your customers don’t think the prices on your menu are reasonable, how great your concept or your food is won’t matter much. Therefore, restaurants must keep the menu at the heart of all restaurant operations and business plans.

Pricing 52

Pricing Menu Seasonal Menu Point of Sale 52

Cheetah

NOVEMBER 23, 2021

The busy season is underway, and for caterers and restaurants it is the biggest opportunity in the past two years to boost sales and make a hefty profit. Most travel and social distancing restrictions have been lifted and supplier indications point to a record breaking catering season. Reading Time: 4 minutes.

Catering 148

Catering Food Supply Seasonal Menu Supplies 148

Margin Edge

FEBRUARY 3, 2022

Thanks to having a sales team made up exclusively of former operators, chefs and general managers, with 350+ years’ of collective experience, we’ve picked their brains and come up with a list of six ways restaurants can make a big impact in 2022 based on their experiences and tried-and-true tricks. Take consistent inventories.

2022 98

2022 Food Seasonal Menu Waste 98

Restaurant365

DECEMBER 11, 2020

operators, mostly sales) minus your cash outflows (your operating costs, like food and drink, payroll, rent, etc.) For instance, you may need to proactively adjust your labor to meet a seasonal drop in sales, or plan for the best time to spend cash on any needed maintenance or upgrades. Cost out your menu items and recipes.

2021 136

2021 Cash Management Management Management 136

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. During peak seasons, considering outsourcing certain services becomes a practical solution to ensure seamless operations.

2024 212

2024 Loyalty Program Cash Management Customer Experience 212

Focus POS

DECEMBER 3, 2019

Everything from proper inventory and vendor management to optimal energy and paper consumption is vital to creating a sustainable restaurant environment that is running as lean and clean as possible. Another part of becoming a sustainable restaurant is to purchase in season produce. You can also reduce portion sizes on your menu.

Sustainability 128

Sustainability Transportation Mobile Ordering Waste 128

Modern Restaurant Management

FEBRUARY 5, 2024

In this edition of MRM Research Roundup, we feature pizza predictions, Valentine's Day menu trends and lots about loyalty. Pizza Ordering Predictions HungerRush released the results of a national dining survey on 2024 pizza ordering predictions for The Big Game (February 11) and National Pizza Day (February 9).

2024 188

2024 Loyalty Program Food Order 2030 188

The Restaurant Times

FEBRUARY 28, 2023

However, if all you do after reviewing this data is change the amount of stock on hand, you might be losing out on a sizable portion of sales. Analytics provide information beyond financial data and key performance indicators (KPIs), such as sales and profits. Data on operations also include your menu, staffing, and sales.

Operations 52

Operations Point of Sale Seasonal Menu Customer Experience 52

Goliath Consulting

OCTOBER 19, 2020

Part of its upsurge comes from off-premise dining becoming widely adopted due to the pandemic, but there’s been an overall uptick in digital sales that’s helped drive-thrus gain significant traction. He also has the numbers to prove his point: Digital sales at Chipotle accounted for 19.6% of total sales (4).

2021 135

2021 Point of Sale Food Safety Kitchen Safety 135

The Restaurant Times

AUGUST 17, 2021

In the new normal, where everyone is sceptical about dining out due to a high number of touchpoints, digital menus seem to be one of the plausible solutions. In the wake of COVID-19 and advancing technology, digital menus are now replacing conventional menu cards owing to the numerous advantages that they bring along.

POS 97

POS Mobile Ordering Seasonal Menu Inventory 97

The Restaurant Times

FEBRUARY 19, 2022

Choosing a point-of-sale system for a pizza parlour or restaurant may appear to be tough, but it’s a niche that’s well covered owing to a few but significant point-of-sale vendors. Inventory Management. Menu reporting is thus crucial for protecting your margins and growing the bottom line.

POS 52

POS 2022 Loyalty Program Point of Sale 52

BNG Point of Sale

SEPTEMBER 2, 2021

These expenses include all utility costs associated with production, such as power and gas, as well as employee wages, raw materials inventory, and sales commissions. The information in this blog post will give you a clearer idea of what your budget should look like and help you make decisions about how to spend your money wisely. .

Employee Relations 52

Employee Relations License Point of Sale Food Supply 52

Modern Restaurant Management

DECEMBER 30, 2020

The most ordered menu item of 2020 came from South Carolina chain, New York City Pizza, and its “New York” thin-crust pizza. This edition of MRM Research Roundup features top trends for 2020, how 2020 changed food and the year's top wines. Top Restaurant Trends. BentoBox released its comprehensive 2020 Restaurant Trend Report.

2020 199

2020 Merchandise Point of Sale Retail 199

Lavu

APRIL 8, 2020

Choosing a point of sale (POS) system is one of the most important business decisions to make. The right POS system provides a powerful platform to boost sales and streamline operations. In turn, they will make your life easier. You will see improvements for customers, front of the house, the kitchen, as well as management.

POS 78

POS Loyalty Program Mobile Ordering Point of Sale 78

Margin Edge

MAY 10, 2021

Creating recipes and setting your initial menu pricing is Restaurant 101. If you’re using a manual system or some combination of manual and computer-based management, time constraints may mean you can only track a shortlist of key ingredients or menu items: your biggest sellers, the most margin-sensitive or both.

Food 52

Food Point of Sale Seasonal Menu Fast Casual 52

Restaurant365

NOVEMBER 12, 2019

Every customer who orders from your restaurant takes a look at your menu, making it one of the most important pieces of your restaurant marketing. With this visibility, restaurant menu engineering provides a huge opportunity to grow your profits and ensure a great customer experience. Getting started with menu engineering.

Menu 101

Menu Point of Sale Seasonal Menu Pricing 101

Lavu

APRIL 6, 2020

Feel like your menu is a bit lackluster? Even the most popular menus can seem a bit dull with time. Many restaurants choose to update their menu constantly, and although this can be a successful practice, it must be done with care. So, what type of menu changes can be positive on your ROI? Daily, Weekly, or Monthly Menus.

Menu 78

Menu Dietary Restrictions Seasonal Menu Point of Sale 78

Lavu

FEBRUARY 5, 2020

This would mean reducing your inventory to its most essential quantities. This would mean reducing your inventory to its most essential quantities. Once the pars are established, you can avoid purchasing excess product or sitting on too much inventory. Here’s how to sell the excess, and in the process, boost bar sales: .

Bar 78

Bar Inventory Point of Sale Waste 78

Restaurant365

OCTOBER 23, 2019

While many restaurant owners focus on increasing total sales, in order to add to your bottom line, you also need to focus on decreasing costs. COGS totaled takes into account the ingredients that make up your food andbeverage sales, and related supplies (like napkins or coffee filters). What to Include In Your Prime Cost Formula.

Point of Sale 74

Point of Sale Inventory Employee Relations Insurance 74