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. Visit other restaurants in the area to understand their pricing and see what they’re doing well and what can be improved upon. It’s equally important to study your competition.

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Modern Restaurant Management

JANUARY 2, 2024

. – Amy Chen, COO, UPSIDE Foods License Plate Recognition (LPR) is already playing a vital role in business security infrastructure. Currently, License Plate Recognition is used to improve safety at drive-thrus by monitoring license plates and reporting incident disputes in case of investigations.

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Focus POS

JUNE 17, 2021

Bar Software that Boosts Your Revenue: How POS Affects Your Profits. However, you must be careful: the wrong POS software can lead to long lines and errors, and force your target audience to have a drink with their friends somewhere else. Have you hired quick and personable bartenders? Do you provide excellent music options?

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7 Shifts

MAY 23, 2024

Food cost percentage When deciding how much to price your menu items, TouchBistro advises keeping the food cost percentage anywhere between 20% and 40%. You can easily retrieve this data from your POS system. Solutions can include preparing for possible changes in pricing, staffing, customer trends, and new technology.

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SpotOn

MARCH 25, 2024

." That's because determining the cost of opening a restaurant ranks at the top of "most challenging" There are so many variables when it comes to restaurant startup costs that it's impossible to put a single price on it. Typically, beer and wine-only licenses are easy to apply for, and the initial cost is low.

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Apicbase

MAY 29, 2024

You might have some leverage on their pricing if you’re McDonald’s, but generally, there’s little wiggle room on that front. This will simplify procurement and inventory management , allowing you to purchase larger quantities for better prices. POS, inventory, accounting, and aggregators—all technologies must work in sync.

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The Restaurant Times

DECEMBER 22, 2021

Secure Licenses And Registrations. Every restaurant must have proper licensing. The following licenses and registrations are required for opening a takeaway business: FSSAI License. Obtaining this license ensures that food is safe for human consumption. Fire License. Police Eating House License.

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The Restaurant Times

DECEMBER 15, 2021

If the USP of your restaurant is the menu that you’re offering, you will have to pay extra attention to how you engineer your menu and price the items to cover your prime cost. . Obtaining Licenses. Obtaining the required licenses is critical to opening any restaurant business in the UAE. Trade License . Food License .

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The Restaurant Times

APRIL 27, 2022

A casual dining restaurant serves moderately-priced food in a comfortable and laid-back setting. Because of being moderately priced, these restaurants are popular among younger demographics and have high repeat customers. . Acquiring Licenses To Get Your Business Started. Business License . Liquor License.

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The Restaurant Times

DECEMBER 20, 2021

Obtain Permits And Licenses. It is crucial to have all the appropriate permits and licenses in place, for which you may also take the help of legal counsel. The number and cost of permits and licenses needed for a bar will vary across states. Liquor License. Food Service License. Invest In A Robust POS system.

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7 Shifts

DECEMBER 11, 2019

Issue #3: Costs and Royalties Franchisees benefit from built-in brand recognition of their restaurants, but have to (quite literally) pay the price. On top of an initial license fee , franchisees must pay regular royalty fees to franchisors.

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Clover - Restaurants

MARCH 8, 2024

Determine a budget for a new location, including space, state business license and permit fees, furniture, and staffing. Another part of making a restaurant profitable is setting the right prices for your target consumer. You can gather data, such as sales and employee performance insights , right in your POS.

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BNG Point of Sale

SEPTEMBER 2, 2021

This blog post will go over the typical restaurant overhead costs and expenses, including rent, utilities, labor wages for employees, licenses and permits, food cost percentages, and more. Alcohol licenses . Business licenses . Alcohol licenses: $1,000 . Total Overhead Cost = Rent + Utilities + Taxes + Licenses .

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Restaurant Clicks

FEBRUARY 21, 2020

That’s a good estimate to give you an idea of what your price range should be, but by no means is that number set in stone. Location is also a major factor, as it will affect all of your prices and especially the cost of leasing a commercial space. Paperwork & Licensing. Food & Beverages. Equipment & Maintenance.

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The Restaurant Times

SEPTEMBER 15, 2020

Conduct a location analysis on factors such as demographics, real estate prices, crowd density, target audience, expected footfall, average income, accessibility to market, and parking spaces. . Acquiring proper licenses and certifications is mandatory before starting a waffle restaurant in Dubai. POS Software.

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Focus POS

JUNE 17, 2019

What is restaurant point of sale (POS) software? If you want to improve these areas and add functionality, or if your current system isn’t performing as well as it should, it’s time to make the switch to a new POS system. Generic POS systems may not have all of the features and capabilities that a restaurant needs.

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7 Shifts

NOVEMBER 26, 2019

Between up-front licensing fees and opening costs, the amount can easily break into the six or even seven-figure range. However, you can work to mitigate your opening costs by shopping contractors and renovators in your area to see who can give you the best price, which could bring down your restaurant opening costs.

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Sling

JULY 24, 2023

7) Toast POS Toast is one of the most popular options for point of sale (POS) needs in restaurants, coffee shops , and bars. 9) Clover Another POS software solution serving restaurants is Clover. In addition, Toast offers products ranging from payroll and tips management to inventory management , email marketing and more.

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The Restaurant Times

APRIL 27, 2022

Getting Your Licenses . If you wish to set up your cloud kitchen in the UAE, you will need to get a trade license from the Department of Tourism and Commerce Marketing and a Food License from the Food Safety Department. Here are 6 simple steps to get your trade license in the UAE. . Gather all the listed documents.

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Lavu

MARCH 11, 2020

From the introduction of point of sale (POS) systems to accounting systems, technology is changing the ways restaurants operate today. Whether you are looking for effective inventory management software or just a POS system for your business, restaurant management software is something you cannot afford to miss.

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The Restaurant Times

DECEMBER 22, 2021

Get The Required Zoning, Licenses And Permits In New York. After getting your zoning permits, you must focus on getting the required licenses and permits to open your restaurant business in New York. Liquor License: If you want to serve liquor in your establishment, you must have a liquor license. Source: TripAdvisor.

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The Restaurant Times

SEPTEMBER 30, 2021

When you start a food truck, you have to look out for state rules and regulations regarding licensing and taxes. Before you get started, here’s a list of necessary food truck licenses and permissions to think about: Business license. Vehicle license. Chose A POS System . Source: Top POS Systems.

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The Restaurant Times

SEPTEMBER 9, 2020

One of the significant reasons why restaurateurs fear switching to a new POS is due to a fear of losing critical business data. However, it does bring a multitude of benefits and simpler ways to run business operations being offered in a new POS system. When compared to traditional POS software, a cloud-based POS is easy to install.

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The Restaurant Times

DECEMBER 28, 2021

This will make the licensing process much smoother. Similarly, property rent, price of raw materials, electricity expenditures, and employee compensation are recurring expenditures. . You will need to get a trade license to open and operate a gourmet restaurant in the UAE. Securing Funds. Your passport.

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Lavu

APRIL 1, 2020

What’s your pricing strategy: industry-focused or customer-focused? Think about garnishes, napkins, mixers; your total cost shouldn’t exceed 20% of your menu price. Choose a POS and payroll system. Liquor License. Determine how much you can spend on rent and which neighborhoods are within your price range.

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The Restaurant Times

MARCH 6, 2023

This data should be easily accessible from your restaurant’s point-of-sale (POS) system. Their menu prices also tend to be higher than those of other restaurant types because they have higher labor, overhead, and operational costs than other businesses. The more clients you serve for each service, the more profit you stand to make.

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The Restaurant Times

APRIL 19, 2021

Get The Licenses For The First Step . Getting the food truck and kitchen space licenses is especially important for the new foodpreneurs who are considering opening a new food truck business. is available at cheap prices on classified websites like Dubizzle. Look For POS Software Or Kiosks. Market Your Business.

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Restaurant365

JANUARY 31, 2022

The good news is restaurant specific solutions have been built to automatically pull point-of sale (POS) and operations data to deliver business intelligence reports. So set your POS to ensure employees can only clock in a few minutes before their shift begins unless they have manager approval. Received by Purchased Item Report.

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Restaurant365

DECEMBER 17, 2019

One-time costs are one-time purchases, like a lease security deposit or loan down payment, signage, renovation costs, and business licenses and permits. You may also focus building a relationship with vendors, which may enable you to negotiate better contract prices. These recurring costs can be broken down further by category.

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Apicbase

MARCH 28, 2024

Real-time costing – keep your ingredient costs accurate and up-to-date with live price updates. Inventory management – connect with your POS to get real-time stock updates and stock value calculations. Restaurant procurement software helps you organise the procurement process by automating purchase orders (POs).

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The Restaurant Times

NOVEMBER 11, 2021

7shifts can also work with your POS system. You may narrow down your search by distance, price, and rating using multiple filters, so you know precisely what you’re getting into. . Employees receive immediate shift alerts, and you can accept or refuse employee vacation requests with a single click. Blue Cart .

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BNG Point of Sale

JULY 22, 2021

Having a clear understanding of your costs and maintaining healthy pricing ensures all the hard work of planning pays off, which makes doing what you love even more fun. . At BNG-POS, we often provide this software to our customers. . Drink Prices: Why do Bars Charge So Much for Drinks? . Healthy Bar Profit .

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BNG Point of Sale

JULY 22, 2021

Having a clear understanding of your costs and maintaining healthy pricing ensures all the hard work of planning pays off, which makes doing what you love even more fun. . At BNG-POS, we often provide this software to our customers. . Drink Prices: Why do Bars Charge So Much for Drinks? . Healthy Bar Profit .

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Lavu

JANUARY 21, 2020

You need to consider whether you need web-based accounting software, integration of the accounting software to your POS system, the cost of purchasing the system, and other important factors. Integration with Your Restaurant POS System. The accounting system that you choose should not just integrate into your restaurant POS.

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Modern Restaurant Management

AUGUST 5, 2020

and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. "Onosys is a valuable partner to join us to serve our extensive network of integrated technologies in POS and third-party delivery.

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BNG Point of Sale

SEPTEMBER 7, 2021

In total, 35 percent of sales come from beer selection and ale, another 35 percent from distilled spirits, and 10 percent from wine drink prices and other beverage items. Licenses, permits, and insurance are also needed. . And liquor prices are the main reason for this. Buy as much as you can on the internet.

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Sling

JUNE 19, 2023

How to open a bar: Operation 9) Purchase equipment Bars require a lot of equipment: coolers, freezers, taps, bar tops, tables, chairs, mirrors, POS equipment — the list goes on and on. How to open a bar: Setup 5) Develop a business plan Every business needs a plan. Your bar is no different.

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