Next Restaurants

APRIL 1, 2021

Not to mention that being among the first generation of digital natives you have a more natural relationship with advanced tech and what it can bring to food enterprise. Not to mention that being among the first generation of digital natives you have a more natural relationship with advanced tech and what it can bring to food enterprise.

Franchise 86

Franchise Franchising Small Business Consumer Goods 86

Sling

APRIL 1, 2020

Revenue vs. profit is a difficult — and sometimes confusing — topic, even for the most seasoned business owner. But to manage your company’s finances with any degree of control, you need to understand the differences between the two concepts. What Is Revenue? Revenue (a.k.a. rent, mortgage payments, loan payments, etc.).

Point of Sale 78

Point of Sale Customer Service Operations Management 78

Lavu

DECEMBER 12, 2022

List all the cash that’s going out each week and each month, including: Rent, loans, or mortgage payments Food and drink ingredients Labor costs Supplies An essential tool for monitoring cash coming in and out of your business is a point-of-sale (POS) system. Using your restaurant POS, you can predict your sales and revenue for the year.

Cash Management 78

Cash Management Management Management Point of Sale 78

Modern Restaurant Management

JUNE 8, 2020

In this edition of MRM News Bites, we feature the latest on PPP loans and newest tech and products to help restaurants on the road to recovery. Borrowers who have loans can still use the eight-week rule.). For new loans, the pay back term for non-forgiven debt is extended to five years from two. PPP Goes Flexible.

Guest Recovery 136

Guest Recovery Food Safety Employee Relations Mobile Ordering 136

Restaurant365

AUGUST 25, 2020

Your total fixed costs are your expenses that must be paid, despite the amount of your revenues. However, if your restaurant is currently struggling with cash flow, you’re not alone, as it’s an issue shared by many restaurant businesses. Common factors that cause cash flow issues. Too much inventory. High labor to sales ratio. Fixed Costs.

Cash Management 97

Cash Management Seasonal Menu Inventory Email Marketing 97

Xtra Chef

DECEMBER 11, 2019

Yet, without proper restaurant accounting, it is impossible to control your finances and keep your restaurant in business. Restaurant accounting activities include everything from accurately recording transactions to creating detailed financial reports. Luckily, xtraCHEF has got you covered. Part 1: Restaurant Bookkeeping and Accounting 101.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

The Restaurant Times

MAY 10, 2022

A good food truck concept can shape your future revenues and win over the customers visiting you. It must have a company description, executive summary, services, food being served, sales strategy, management, marketing plan, funding details, projected revenue, and break-even calculations. billion in 2020. percent every year.

Food Truck 52

Food Truck Food License Point of Sale 52

Modern Restaurant Management

NOVEMBER 19, 2019

This edition of MRM News Bites features Aramark, Starbucks, KFC and FRCH NELSON, OpenTable and Capital One, Toast, MOD Pizza, Coolgreens, Virtual Kitchen, Punchh, The OC Restaurant Association, NCR Corporation and Shake Shack. The Best Chefs in the U.S. Aramark is hosting an intense culinary competition to determine its best U.S.-based based chefs.

Delivery 110

Delivery Reservations Customer Experience Retail 110

Perfect Daily Grind

OCTOBER 24, 2022

Sierra Leone, a West African country which borders the Atlantic Ocean, Liberia , and Guinea, is mostly known for its cocoa production, rather than growing coffee. Between the 1960s and 1980s, Sierra Leone produced around 20,000 tonnes of coffee per year. To find out, I spoke with Wahlid Basoon and Dr. Jeremy Haggar.

Government 179

Government Agriculture Pricing Small Business 179

The Restaurant Times

MAY 30, 2021

It acts as a roadmap or guide to your business and everything that it entails. You can say that it is a blueprint of your restaurant business. It gives banks and potential investors information regarding its business objectives – market analysis, management details and financial requirements to sales and marketing, expansion potential, etc.

Point of Sale 52

Point of Sale Food Truck Employee Relations Cash Management 52

Aaron Allen & Associates

MARCH 19, 2020

Small Business Loans Los Angeles Mayor Eric Garcetti announces $11m in no-interest microloans for small businesses, including restaurants, trying to help them stay afloat. This reveals the importance of having contingency and crisis plans in place (and, frankly, how common it is for chains to under-invest in the planning process).

2020 130

2020 Point of Sale Guest Recovery Government 130

Modern Restaurant Management

DECEMBER 4, 2020

This edition of MRM Research Roundup features the Restaurant Resilience Index, the impact of reviews, shifitng consumer preferences and the importance of rewards. Pandemic and Restaurant Demand. The COVID-19 pandemic has impacted a number of businesses, but few harder than the restaurant industry. ” The Long Road to Recovery.

Loyalty Program 120

Loyalty Program Fast Casual Online Ordering Consumer Goods 120

Modern Restaurant Management

MAY 5, 2020

In this edition of MRM News Bites, we have tech investments, new products, charitable endeavors and more. Yelp Reimagines Business Owner Platform. Virtual Service Offerings : New Virtual Service Offerings will now appear on business pages offering virtual consultations, classes, tours, shows and performances. Yelp Virtual Services.

Guest Recovery 105

Guest Recovery Food Safety Loyalty Program Point of Sale 105