7 Shifts

AUGUST 6, 2021

Staff scheduling, inventory management, menu analysis , guest satisfaction, profitability, and so much more rest on the shoulders of accurate restaurant forecasting. Restaurant Sales Forecasting Method & Techniques. On a macro level, sales forecasting helps a business set growth goals and determine its overall profit and revenue.

Seasonal Menu 370

Seasonal Menu Point of Sale Inventory Food Supply 370

The Restaurant Times

FEBRUARY 19, 2022

As a result, rather than adopting a POS system built for general restaurant use, most pizza entrepreneurs would be better off investing in POS software with capabilities created exclusively for a pizza operation. Features To Look For In A Pizza POS Software . Online Ordering .

POS 52

POS 2022 Loyalty Program Point of Sale 52

Focus POS

DECEMBER 8, 2021

However, the right point of sale system can help alleviate some of these restaurant challenges so business owners can stay ahead of their competition. How the right POS system overcomes restaurant challenges. On top of that, outdated or complicated technology can frustrate staff and invite errors when people are in a rush.

Mobile Ordering 148

Mobile Ordering Point of Sale Cash Management Food Supply 148

7 Shifts

JULY 16, 2021

Create a Menu. Reference secondary research studies or create your surveys and questionnaires to send out to a select group of people! We're all here for it! Coffee shops can be so much more than a place to grab a cup of joe and a croissant. For your coffee shop to reach that status, it has to be done right. Table of Contents.

License 459

License Hiring Equipment Point of Sale 459

Embrace the Suck

APRIL 26, 2020

Your sales or guest count for the day are great examples of lagging KPIs: they’ve happened and can’t be changed. By knowing the GCA today, you can train your team to increase sales and thus have an impact on the lagging KPI of sales for that day. What the Hell is a KPI? Think of it like air: you need it to live.

Cash Management 435

Cash Management Point of Sale Inventory Bar 435

Lavu

NOVEMBER 17, 2023

Profit margin is a key metric, especially pivotal in restaurant sales, that calculates the percentage of revenue left as profit after covering expenses. This, in turn, can significantly increase your sales and enhance profit margins, pointing towards areas of strength and potential areas for improvement.

Fast Casual 123

Fast Casual Fine Dining Food Truck Loyalty Program 123

Restaurant365

JANUARY 4, 2022

Integrate restaurant inventory management with your POS system. To ensure efficiency, a restaurant inventory management system that is fully integrated with your point of sale (POS) system can streamline and automate as much of the inventory process as possible. from a year ago. Food-grade oak flakes – 61%.

Inventory 148

Inventory Pricing Management Management 148

Clover - Restaurants

APRIL 9, 2024

Many suppliers also offer expert advice on menu planning, cost-saving strategies, and industry knowledge that can help you navigate the complexities of opening for guests. Different types of suppliers for restaurants Depending on your restaurant’s format and menu, there are several different restaurant suppliers with which you will work.

Food Supply 98

Food Supply Online Ordering Food Truck Food Order 98

Focus POS

APRIL 8, 2019

According to the 2017 COLOQUY Loyalty Census, the top reasons people abandon loyalty programs are: It took too long to accumulate points or earn rewards. To solve this, you can use the data from your point of sale (POS) system to create communications that are targeted to those who will be most interested.

Loyalty Program 113

Loyalty Program Point of Sale POS Reference 113

Restaurant365

SEPTEMBER 10, 2021

The data from inventory management can help you place more accurate orders, calculate exact food costs, make informed menu changes, and address potential sources of food waste. Use an inventory management system that integrates with your POS system. Your POS data can help streamline a large part of inventory management.

Inventory 138

Inventory Management Management Point of Sale 138

Apicbase

MARCH 28, 2024

The department is responsible for purchasing and managing inventory, food preparation, cooking and plating, menu planning and pricing, food safety, and hygiene. Sales optimisation. Restaurant back-of-house operations form the backbone of a restaurant’s success. These include food production and inventory management.

Back of House 52

Back of House FOH BOH Front of House 52

Restaurant365

MAY 17, 2022

Tight integration between your r estaurant inventory management software , point of sale (POS) system and restaurant accounting software is essential for executing key restaurant tasks that help control your food costs. Why a POS system is not suitable for inventory management. The POS system doesn’t do analysis.

Inventory 78

Inventory Management Management Food 78

Focus POS

FEBRUARY 12, 2020

Here’s how you can do it: Analyze menu item popularity with sales data. The timeless saying about the customer being right is especially true when it comes to your menu. A web-based reporting tool that can really help your restaurant optimize your menu is restaurant analytics software. more than traditional guests.

Loyalty Program 99

Loyalty Program Point of Sale POS Reference 99

The Restaurant Times

FEBRUARY 28, 2023

Modern POS systems, for instance, can show you metrics like the frequency of requests for extra ingredients. Modern POS systems, for instance, can show you metrics like the frequency of requests for extra ingredients. Analytics provide information beyond financial data and key performance indicators (KPIs), such as sales and profits.

Operations 52

Operations Point of Sale Seasonal Menu Customer Experience 52

BNG Point of Sale

AUGUST 25, 2021

Boosting Restaurant Industry Sales in 2021 . Maintaining strong sales in the restaurant industry is an ongoing challenge due to overhead costs like rent, food, and restaurant staff. Now it’s more important than ever to drive sales in business. 11 Tips to Increase Restaurant Sales . But how do you do it? .

Loyalty Program 52

Loyalty Program Social Media Point of Sale Customer Service 52

Deliverect

AUGUST 31, 2020

Having the right sort of data allows you to plan, shift priorities and make changes on the fly based on cold hard proof of your sales numbers. What this means is making sure that your delivery sales get input into your POS as they come through and not waiting till the end of the day to send them all through at once.

Delivery 146

Delivery Front of House Point of Sale Back of House 146

BNG Point of Sale

SEPTEMBER 7, 2021

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. CoGS: Cost of Goods Sold Restaurant Industry Average . Cost of items intended for resale. .

Point of Sale 52

Point of Sale Inventory Food Supply Seasonal Menu 52

Modern Restaurant Management

OCTOBER 4, 2021

According to the data, consumers deleted restaurant apps if menu items were missing or if there was limited ability to customize orders. The data also points to a broken customer arrival experience. Missing menu items are a deal breaker. Gaps in menu choices and ability to customize disappoint consumers.

2021 170

2021 Fast Casual Mobile Ordering Social Media 170

Restaurant365

JUNE 4, 2021

Essentially, improving your restaurant profit margin relies on two things: your sales volume and your expenses. You can achieve a better sales margin by increasing sales revenue and decreasing expenses. ” Here are ten ways to drive long-term restaurant profitability, through increasing sales and decreasing expenses.

Loyalty Program 78

Loyalty Program Point of Sale Inventory Customer Service 78

The Restaurant Times

JANUARY 31, 2022

According to the American Bakery Association , the bakery is one of the subcategories of the US food industry that is witnessing an uptick in sales during the pandemic. Ways To Boost Bakery Sales Using Health-Focused Foods. This article will briefly discuss ways to use health-focused foods to boost bakery sales in the US in 2022.

Allergens 83

Allergens Food Consumer Goods Point of Sale 83

BNG Point of Sale

SEPTEMBER 2, 2021

Restaurant Revenue Per Square Foot: What Are Your Sales? . The sale per square foot of your restaurant is a good indicator of how much money you will make. The sale per square foot of your restaurant is a good indicator of how much money you will make. Sales Per Square Foot = Annual Sales/Square Foot .

Fast Casual 52

Fast Casual Point of Sale Franchise Franchising 52

BNG Point of Sale

SEPTEMBER 2, 2021

Although this may seem low compared to other industries, it is because restaurants are impacted by what is commonly referred to as the big three expenses, namely: labor, overheads, and cost of goods sold. . The margin varies depending on several distinct factors, such as location and type of cuisine served. . 30% food costs . 30% labor .

Food Truck 52

Food Truck Loyalty Program Food Point of Sale 52

BNG Point of Sale

SEPTEMBER 2, 2021

Overhead costs refer to ongoing expenses such as advertising, utilities, and rent which make running an eatery possible in addition to raw materials and food for goods production. . Typical Restaurant Overhead Costs and Expenses . Overhead costs are your everyday expenses. What Are Overhead Costs And Expenses? Examples Of Overhead Cost .

Employee Relations 52

Employee Relations License Point of Sale Food Supply 52

SpotOn

APRIL 2, 2024

Retailers coined the term to refer to a seamless flow of information between the customer-facing touchpoints, like online shopping and customer support, and the back-end systems, like inventory management and shipping.  A unified commerce strategy can help inform operational decisions around labor management and menus.

Online Ordering 40

Online Ordering Customer Experience Point of Sale Retail 40

The Restaurant Times

MARCH 8, 2023

On the other hand, fast-casual eateries provide a more upscale experience, which may include better service, a nicer setting, more expensive meal prices, and a wider selection of their menus. Many fast-casual eateries are hybrid concepts that feature customizable menu options, sit-down and takeaway services, and a focus on flavor and fun.

Fast Casual 52

Fast Casual Casual Food Fine Dining 52

BNG Point of Sale

JUNE 21, 2021

Full-service refers to the service you receive in a typical sit-down dinner. These restaurants typically have a kitchen, wait staff, possibly a hostess, and a wide range of menu items. In the restaurant industry, delicious food and restaurant ambiance are often seen as THE KEYS TO SUCCESS! You will want to analyze them both.

Fast Casual 52

Fast Casual Food Truck Customer Service Online Ordering 52

Open for Business

MAY 9, 2023

Third-party delivery refers to hiring another business to handle restaurant food delivery services on your behalf. Third-party delivery refers to hiring another business to handle restaurant food delivery services on your behalf. The number of people using meal delivery apps is expected to reach 2.64 billion by 2027.

Delivery 78

Delivery 2023 Loyalty Program Customer Service 78

The Restaurant Times

MARCH 10, 2023

Front-of-house (FOH) refers to all activities and settings a patron will experience while dining at a restaurant, including the lobby and dining area. Escorting diners to their tables and distributing menus to them. The FOH staff greets and receives customers and relays their requests. Clearing tabletops for the next customer.

Front of House 52

Front of House FOH Back of House Online Ordering 52

Mad Mobile

FEBRUARY 26, 2024

Operators who calculate their cost of sales add 2–10% to their bottom line. Reliable inventory counts let you prep all ingredients necessary for crafting drinks to menu spec every time. Detailed reporting produces transparency around product usage compared to sales metrics. Take these lessons to heart. Think again! Low on limes?

Inventory 40

Inventory Bar Management Management 40

BNG Point of Sale

AUGUST 27, 2021

Therefore, you must learn how to develop a more resilient restaurant business just like the other types of restaurants who are finding new ways to ensure decreasing costs and an increase in sales. . For example, let’s say John Doe Bar’s total sales from July to September 2020 were $1.25 Average Gross Profit for Restaurants .

Point of Sale 52

Point of Sale Social Media Customer Service Online Ordering 52

Touch Bistro

AUGUST 11, 2021

hour for employers grossing <$110,000 in annual sales and not covered by FLSA). hour (for businesses grossing >$319,000 per in annual sales). hour if a company has >10 employees or grosses >$100,000 in sales). Georgia: $7.25/hour hour for employees not covered under FLSA). Hawaii: $10.10/hour. Illinois: $11.00/hour

2021 98

2021 Restaurant Law 2022 Seasonal Menu 98

The Restaurant Times

JANUARY 11, 2023

Automated order-taking refers to technology, operating systems, or software that take orders from customers and respond to them automatically. Customers are already looking forward to restaurants suggesting menu options based on their order history. But why should you automate order taking when everything is working fine for you? .

Ordering 52

Ordering Online Ordering Mobile Ordering Loyalty Program 52

Rocket Fuel

MAY 1, 2023

In today’s competitive quick-service restaurant (QSR) landscape, operators must adapt to evolving consumer behavior and leverage every available sales channel to stay ahead. However, 2022 saw a resurgence in counter sales, reaching 14.44%, a 51.9%

Operations 52

Operations Guest Recovery Mobile Ordering Point of Sale 52

The Restaurant Times

MARCH 15, 2021

Update the menu prices, according to inflation spikes. Create a restaurant business plan and refer to the POS reports to identify which operational areas are contributing to substantial losses. Improve Restaurant Sales Strategy. Poor sales have an adverse effect on the restaurant’s bottom line.

Point of Sale 52

Point of Sale Inventory Customer Service Advertising 52

Sling

APRIL 27, 2023

Restaurant operations management (sometimes referred to as ROM) is the set of processes and procedures that provides a framework for all of the day-to-day activities of your business. Restaurant operations management is essential for the long-term health of your business. Table of contents What is restaurant operations management?

Operations 78

Operations Management Management Inventory 78

Restaurant365

JUNE 22, 2021

Efficient food usage involves everything from strategic menu planning to coordinating back of house and front of house teams. Your AvT variance shows you the difference between what you should have spent on food in theory, versus what you actually spent to make the menu items.

Compost 88

Compost Food Waste Front of House 88

Xtra Chef

APRIL 27, 2020

Just enter your daily sales and payroll for a quick look at how your team is performing against expectations before it’s too late to make a change. Customers who use Toast as their POS provider can sync daily sales data into this report with our integration. Operating Summary Report Gives Easier Insight into Daily Performance.

Point of Sale 88

Point of Sale Back of House Demo Pricing 88