7 Shifts

NOVEMBER 15, 2024

What techniques would you use to prevent over-pouring and inventory shrinkage? What techniques would you use to prevent over-pouring and inventory shrinkage? Overpouring is one of the main reasons for inventory shrinkage, which results in an average of 15% to 20% profit loss for bars. Another factor to consider is pricing.

Bar 195

Bar Management Management Hiring 195

ChowNow

MAY 9, 2025

In this article, you will learn: The five most important restaurant costs to track and manage Easy strategies for controlling food costs and labor costs Tactics to save money without hurting your guest experience Lets start with the big picture and learn where your money is actually going.

Operations 195

Operations Email Marketing Food Supply Seasonal Menu 195

7 Shifts

MARCH 22, 2021

The role of a restaurant manager is always in motion. But there are a number of different tools to help you manage your restaurant—from single shifts and tasks to top-level overviews that show you the health of your business. Here are seven restaurant management tools to make you more productive: Restaurant Task Management Software.

Management 435

Management Management Book Communication 435

Modern Restaurant Management

APRIL 17, 2023

Employees and restaurant owners are benefiting from automation technology: over half of leaders say that revenue has increased since implementing restaurant’s automation tools. Automation tools also provide value through mobile ordering apps, AI solutions, digital reviews apps, and online reservation software.

Mobile Ordering 518

Mobile Ordering Cash Management Online Ordering Front of House 518

7 Shifts

DECEMBER 18, 2023

The role of a restaurant manager is always in motion. But there are several different tools to help you manage your restaurant—from single shifts and tasks to top-level overviews showing your business's health. That’s where task management software comes in. Task management software maintains historical data of tasks completed.

Management 397

Management Management Email Marketing Point of Sale 397

Modern Restaurant Management

FEBRUARY 3, 2020

A new normal has evolved in the restaurant industry: Digital delivery sales are expected to grow at a compound annual rate of over 22 percent through 2023 , according to L.E.K. In response, 37 percent of restaurants are offering online ordering and 32 percent accept mobile payments. Asset Tracking Software. Consulting.

Innovation 408

Innovation Technology Management Management 408

7 Shifts

JUNE 24, 2021

For many restaurant owners, growth is the ultimate goal—beyond the second and third locations and into the 50s and 100s. Unless you can multiply yourself, the only way to run an enterprise-level restaurant operation is by leveraging your technology stack. With that growth comes new challenges. You can't keep up with local labor laws.

POS 359

POS Restaurant Law Point of Sale Management 359

Modern Restaurant Management

SEPTEMBER 26, 2023

To prevent chargeback abuse, restaurants should ensure that they partner with delivery apps that have a policy of reviewing information before automatically granting refund requests. This is different from what's usual, leading to a careful struggle between keeping workers' rights safe and finding real cases of fraud.

Delivery 493

Delivery Food Food Order Consumer Goods 493

The Restaurant Group

FEBRUARY 23, 2025

Introduction In the fast-paced world of restaurants, keeping a close eye on your inventory is as vital as the secret sauce in your signature dish. With a solid Restaurant Inventory Management system, your kitchen runs like a well-tuned engine, keeping operations smooth and your customers happy. What Is Restaurant Inventory Management?

Inventory 88

Inventory Management Management Audits 88

Modern Restaurant Management

AUGUST 5, 2020

In this edition of MRM News Bites, we feature a lot of tech news, a celebrity-owned virtual dining concept, and the annual Neighborhood to Nation Restaurant Recipe Contest. TouchBistro acquired Boston-based TableUp, a provider of loyalty and marketing solutions for the restaurant industry. TouchBistro Acquires TableUp.

Food Safety 527

Food Safety Mobile Ordering Online Ordering Kitchen Safety 527

7 Shifts

NOVEMBER 3, 2021

When you think about issues that arise in your restaurant that could cost you significant amounts of money, what first comes to mind? But, what if we told you, all of those issues pale in comparison to the potential damage that data breaches could cost your restaurant? The cost of restaurant cybersecurity. Table of Contents.

POS 370

POS Audits Loyalty Program Information 370

7 Shifts

OCTOBER 31, 2022

You can't start a restaurant without a plan. A restaurant business plan is one of the most (if not the most) essential elements in getting a new restaurant off the ground. You'll have a document to reference during the planning or opening of your restaurant. What is a Restaurant Business Plan? Table of Contents.

Point of Sale 397

Point of Sale Back of House Document Download 397

7 Shifts

APRIL 30, 2021

For a healthier business, it's important to flush out any time theft that's happening now and create preventive measures to keep it from creeping up. Thankfully, there a number of tools that can help you identify and prevent employees from stealing time—intentional or not. Prevent Time Theft. Table of Contents. Time Theft Laws.

Restaurant Law 370

Restaurant Law White Paper Cash Management Small Business 370

Modern Restaurant Management

JANUARY 10, 2020

As an ever-growing wave of technological innovations has continued to change the game for many retailers, in particular, restaurants, so has the possibility of technology failure. Plus, in order to avoid store-and-forward of payments and prevent revenue loss, retailers find themselves needing to preserve optimal uptime.

Retail 296

Retail Customer Service POS Innovation 296

Lavu

JUNE 6, 2025

Running a successful restaurant in 2025 means more than just great food—it requires smart financial decisions. With rising ingredient prices, labor shortages, and tighter margins, operators must find strategic ways to reduce restaurant costs without compromising quality or customer experience.

Loyalty Program 78

Loyalty Program Waste Recycling Inventory 78

Lavu

APRIL 17, 2025

Managing food costs is a growing challenge for restaurants as ingredient prices fluctuate and margins shrink. This level of insight helps prevent overstocking, minimizes spoilage, and reduces the risk of theft or manual errors. Data shows that restaurants using inventory software see an average 4% reduction in food costs.

Inventory 78

Inventory Food Waste Mobile Ordering 78

SpotOn

FEBRUARY 26, 2025

Joe Nicholson was a manager and tech consultant at one of the busiest restaurants in Sacramento, CA—Tower Cafe. Now, as a copywriter at SpotOn, he helps restaurant owners and managers learn how to run a more profitable operation. Restaurant P&L statements can be downright confusing. Prime costs. Contribution margins.

Point of Sale 90

Point of Sale License Insurance POS 90

ChowNow

SEPTEMBER 17, 2024

Managing accounts payable (AP) for restaurants efficiently is vital to running a successful restaurant. Let’s explore key strategies for streamlining your restaurant’s AP process. AP refers to the money a restaurant owes to suppliers for goods and services received, like food ingredients, beverages, and equipment.

Cash Management 195

Cash Management Document Restaurant Law Online Ordering 195

Modern Restaurant Management

APRIL 2, 2020

For additional resources, click COVID-19 Survival Guide for Restaurants and MRM Restaurant Survival Guide, Second Course and MRM Restaurant Survival Guide, Part Three. The National Restaurant Association Educational Foundation has launched the Restaurant Employee Relief Fund to support U.S. Live in the U.S.,

Employee Relations 517

Employee Relations Healthcare Online Ordering Customer Service 517

Lavu

MARCH 7, 2025

PCI Compliance for Restaurants is essential to protecting customer payment data and preventing costly breaches. With 70% of transactions made via cards, restaurants are prime targets for cyberattacks. million, which can cripple small restaurants. Why it matters: The average cost of a data breach is $3.9

POS 78

POS Guest Recovery Document Customer Service 78

Lavu

NOVEMBER 29, 2024

Running a restaurant is tough, and poor inventory management can make it even harder. Key Ways POS Systems Save Restaurants Money: Real-Time Tracking : Automatically updates stock levels as orders are placed, reducing waste and preventing stockouts. That’s where POS inventory tools step in to help.

Inventory 78

Inventory POS Waste Point of Sale 78

Lavu

MAY 23, 2025

If your POS system is slowing down your restaurant , you’re not just dealing with minor annoyances; you’re risking lost revenue, poor customer experiences, and operational chaos. In this post, well break down five clear signs that your point-of-sale system is holding your restaurant backand what you can do to fix it.

POS 78

POS Online Ordering Mobile Ordering Inventory 78

The Restaurant Group

DECEMBER 8, 2024

Introduction to Food Waste in Restaurants Food waste is a significant challenge for the restaurant industry, impacting both the environment and profitability. Understanding how to reduce food waste in restaurants is the first step toward sustainable and cost-effective operations.

Waste 78

Waste Compost Food Recycling 78

7 Shifts

DECEMBER 18, 2023

The role of a restaurant manager is always in motion. But there are several different tools to help you manage your restaurant—from single shifts and tasks to top-level overviews showing your business's health. That’s where task management software comes in. Task management software maintains historical data of tasks completed.

Management 195

Management Management Email Marketing Point of Sale 195

Goliath Consulting

JUNE 15, 2020

This is because “as restaurants open fully, most distributors will experience some shortages. Restaurants wanting to make sure they have everything they need should have a few different channels to rely on, especially when it comes to specialty products” (2). And whatever we use, we also use in some other way on the menu.

Supplies 311

Supplies Food Supply Sourcing Guest Recovery 311

Rocket Fuel

DECEMBER 12, 2024

More on this in a moment, but you cannot effectively and efficiently adoptexception-based reportingwithout using the right software and management systems. Its important to stop losses in their tracks, but its equally vital to identify recurring problems and learn from those exceptions to adapt policies for the future. Train your team.

Point of Sale 52

Point of Sale BOH POS Inventory 52

Lavu

FEBRUARY 28, 2025

Want to improve your restaurants performance? Start by analyzing these Top 7 POS Sales Reports to know where your restaurant is headed. Sales Exceptions Reports : Spot voids, refunds, and discounts to minimize losses and detect irregularities. Thats a big deal, and these reports can play a key role in minimizing losses.

POS 78

POS Point of Sale Inventory Cash Management 78

Lavu

NOVEMBER 30, 2024

Want to boost your restaurant’s profits? Restaurant Inventory Management: Benefits & Best Practices What Ingredient Profitability Means for Restaurants Ingredient profitability plays a key role in a restaurant’s financial performance and daily operations. Start by analyzing your ingredient costs.

POS 78

POS Waste Inventory Cash Management 78

7 Shifts

MAY 15, 2023

Did you know that payroll/labor makes up almost one-third of a restaurant's operating costs ? While payroll has historically been the source of a lot of stress for restaurant owners, there are a number of tools and resources to make it easier. Calculating how much the business owes in payroll taxes. And if you don't.

2023 195

2023 Tip Distribution Audits Restaurant Law 195

Lavu

JUNE 13, 2025

The way customers pay is evolving, and restaurants are adapting quickly. If you’re wondering why restaurants are going cashless, the answer lies in speed, security, and customer preference. Phasing out paper money entirely would be a huge undertaking, and some restaurants have stopped accepting bills or coins.

2025 78

2025 Cash Management Mobile Ordering Point of Sale 78

7 Shifts

OCTOBER 30, 2019

Retaining employees is a major problem for the restaurant industry—with the annual employee turnover rate sitting at a staggering 73%, the average employee tenure is just one month and 26 days. For a restaurant with 15 employees, that’s almost $40,000 down the drain each year just because of turnover. Read on to find out.

Hiring 283

Hiring Training Customer Experience 2010 283

Paper Chase Accountancy

JUNE 9, 2025

“Time is money” is an old saying that rings especially true in the fast-paced restaurant industry. With the myriad responsibilities a restaurant owner juggles, it’s easy to overlook the financial side of things. That’s where bookkeeping software for restaurants comes into play.

Restaurant Law 52

Restaurant Law Inventory Point of Sale POS 52

Rocket Fuel

DECEMBER 12, 2024

That growth can equal hefty increases in revenue for restaurants eager to add or grow expand revenue streams, but there are potential pitfalls that may derail profits. Its then up to the restaurant to supply evidence that the charge is legitimate and that the customer has no grounds for a refund. Third-party delivery chargebacks.

Delivery 52

Delivery Customer Service Online Ordering Food Order 52

7 Shifts

JULY 20, 2024

Components of a restaurant’s financial report The food and beverage sales report, prime costs report, inventory report, profit and loss (P&L) statement, and cash flow statement are all critical components of a restaurant's financial management. This way, you can decide whether you need to raise your prices or not.

2024 221

2024 Cash Management Inventory Waste 221

Paper Chase Accountancy

MAY 22, 2025

Navigating the labyrinth of cost accounting in the restaurant industry can feel like trying to solve a Rubik’s Cube in the dark. Key Takeaways Establishing a comprehensive restaurant cost accounting system is crucial for tracking profits, managing cash flow, and ensuring financial health.

Cash Management 52

Cash Management Franchise Franchising Tip Distribution 52

EATER

JANUARY 18, 2022

Breaking down the food, labor, and fixed costs of Bé Ù’s caramelized pork with eggs We often presume to understand restaurant economics because we know what a chicken breast costs at the supermarket. “I Here, Eater looks at all the costs in a popular restaurant dish to see what goes into it, and how much profit comes out. Caramel: $0.04

Online Ordering 246

Online Ordering Food Order Seasonal Menu Pricing 246

Restaurant365

JANUARY 18, 2022

While true zero-restaurant food waste is extremely rare, it can be a meaningful goal. Additionally, limiting your food waste can improve your restaurant’s bottom line. ReFED , a national nonprofit working to end food loss and waste across the U.S. Track your restaurant food waste manually. greenhouse gas emissions.

Waste 147

Waste Compost Food Consumer Goods 147