Modern Restaurant Management

APRIL 10, 2024

According to September 2023 numbers from the National Restaurant Association , 49 percent of restaurants reported year-over-year increases in same-store sales. Adapt to Growing Price Fatigue Since the pandemic, controlling food costs has been a major challenge for restaurant operators. Full-service menu prices climbed 4.5

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2024 2023 Loyalty Program Point of Sale 196

Squirrel Systems

APRIL 11, 2024

Creating efficiencies at your restaurant using Mobile POS solutions Understanding how to keep your restaurant patio operations profitable requires a strategic look at your on-the-floor dynamics. How can Mobile POS technology impact patio dining business at your restaurant?

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POS Operations Mobile Ordering Front of House 94

BNG Point of Sale

JUNE 19, 2020

Point of System Cost / Our 2020 Guide to the Benefits of Today’s Merchant Software. As a business owner, the cost of a point of sale system you’re currently paying may be limited based on what seems affordable. The overall benefits of a BNG POS System. Let’s take a closer look at some of these systems.

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Point of Sale Mobile Ordering Merchandise POS 75

BNG Point of Sale

OCTOBER 7, 2021

How the Best Point of Sale (POS) Systems for Restaurants Boost Sales and Profit. Quality restaurant and bar point of sale (POS) systems help boost restaurant business efficiency for any restaurant business type. What is a Point of Sale System for Restaurants?

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Point of Sale 2021 POS Loyalty Program 52

Modern Restaurant Management

JUNE 24, 2020

As restaurants work to re-tool in preparation for the return of in-house guests, there’s one question that’s now on the minds of operators everywhere: how can their existing point-of-sale (POS) system and related technologies help to provide a safe environment with secure payments?

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POS Operations Point of Sale Back of House 212

BNG Point of Sale

MARCH 9, 2020

Chances are, if you’re starting a business in retail or restaurant, people in the industry will tell you to purchase a point of sale system. If you’re new to the business, a “point of sale” or POS system is a piece of technology in which hardware and software components are used to take payments from customers.

Point of Sale 59

Point of Sale POS Loyalty Program Inventory 59

MBB Hospitality

FEBRUARY 17, 2021

A good point of sale system is essential for your restaurant. This article discusses a few of the most popular restaurant point of system, or POS, available on the market today and there advantages. The Purpose of a POS System. A restaurant POS can serve many roles depending on what you need. Lightspeed.

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Point of Sale Online Ordering POS Loyalty Program 52

Restaurant365

JANUARY 4, 2022

Restaurant inventory management plays a key role in overcoming rising food prices. Logistics challenges and labor shortages have fueled rising food prices at the wholesale level. Data from the Bureau of Labor Statistics showed the November Producer Price Index, a measure of wholesale prices, up 9.6% from a year ago.

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Inventory Pricing Management Management 148

Veloce POS Blog

NOVEMBER 10, 2023

The landscape of restaurant technology has been transformed, with Point of Sale (POS) systems at the forefront of this revolution. Gone are the days when a simple cash register was enough to manage sales. The post How to Choose the Right POS System for Your Restaurant appeared first on POS Veloce HQ.

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POS Cash Management Point of Sale Technology 59

Slurp!

MARCH 17, 2024

Not sure which POS system to go with? With so many POS systems available, each offering different packages at different prices, it might be difficult to select the best one for your restaurant. But how […] The post Which POS system suits you best? But how […] The post Which POS system suits you best?

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POS Point of Sale Pricing 52

Sculpture Hospitality

NOVEMBER 23, 2020

Touchscreen point-of-sale (POS) systems are a crucial part of any restaurant or bar’s operational processes, but they can be incredibly expensive. POS systems often cost at least $20,000, and that price often comes with the myth that a POS can fulfill all of a restaurant’s operational needs.

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POS Inventory Point of Sale Pricing 146

BNG Point of Sale

JUNE 19, 2020

Point of System Cost / Our 2020 Guide to the Benefits of Today’s Merchant Software. As a business owner, the cost of a point of sale system you’re currently paying may be limited based on what seems affordable. The overall benefits of a BNG POS System. Let’s take a closer look at some of these systems.

Point of Sale 45

Point of Sale Mobile Ordering Merchandise POS 45

7 Shifts

JUNE 4, 2021

Break-even point. Sales per labor hour. Ideal menu price. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. You can now determine what percentage this is off your overall sales to get a picture of your restaurant's financial health.

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Point of Sale Inventory Employee Relations Customer Service 416

7 Shifts

NOVEMBER 17, 2021

Because the price of some items changes from week to week, make sure you use the latest price paid as the standard. Total Cost : Multiply the unit price of each item by the amount of that item that you have in your inventory. avocados in the stock room. Table of Contents. Inventory Basics. Best Practices. Other Helpful Tips.

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Inventory Management Management Point of Sale 370

Modern Restaurant Management

JUNE 9, 2022

But independently owned, more agile operations can out-maneuver big brands by leaning on their point of sale (POS) platforms to increase sales and expand their client bases. Consider tapping into the treasure trove of customer information your POS platform contains. Let’s say the price of beef goes up.

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Front of House Point of Sale POS Cash Management 196

Mad Mobile

FEBRUARY 29, 2024

As bar owners and managers, you know that having the right point of sale system for your restaurant or bar makes all the difference. A good POS system can help you keep your customers and employees happy with speedy, accurate service. In the cloud-based POS space, systems are designed for every type of restaurant and bar.

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POS Bar Brewery Customer Service 40

The Restaurant Times

JANUARY 26, 2023

A traditional point of sale (POS) used to be a restaurant billing software that processed orders and produced receipts. But as cloud technology developed, the basic POS system transformed into a full-fledged restaurant management system. This adds a layer of complexity to POS systems. Read along! Read along!

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POS 2023 Loyalty Program Point of Sale 59

Lavu

DECEMBER 12, 2022

If you’re looking for an affordable and simple way to process sales at your business, you can find everything you need in an iPad POS system. An iPad POS system allows you to run your business from a sleek and modern iPad tablet. iPad POS systems are convenient, portable, and fast.

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POS Point of Sale Mobile Ordering Cash Management 60

BNG Point of Sale

OCTOBER 13, 2021

Convenience Store POS System Costs. Costs to be Aware of When Considering a Convenience Store POS System. A POS system for convenience stores is an invaluable asset and one of the most important business management tools for convenience store managers. A convenience store POS system includes hardware and software: POS Hardware.

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POS Cash Management Point of Sale Equipment 52

Modern Restaurant Management

FEBRUARY 26, 2024

Payment processing pricing structures often used by restaurants allow providers to layer their processing fees on top of other underlying debit and credit card fees. Payment processing pricing structures often used by restaurants allow providers to layer their processing fees on top of other underlying debit and credit card fees.

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Audits Franchise Franchising Pricing 161

BNG Point of Sale

MAY 10, 2022

The time of the smaller point-of-sale systems is upon us! iPad systems are becoming more popular, and the popularity of mobile point-of-sale stations has continued to leave an impact on the restaurant industry. The pros of mobile point-of-sale systems. The cons of mobile point-of-sale system.

POS 52

POS Point of Sale Mobile Ordering Inventory 52

BNG Point of Sale

JULY 15, 2018

Getting a point-of-sale system is one of the first pieces of equipment a restaurant owner debate spending money on when they are investing in a new establishment. Point-of-sale systems have the reputation of being an expensive piece of technology that rings up items and lets you process payments. How is this possible?

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Point of Sale Waste POS Cash Management 66

BNG Point of Sale

OCTOBER 15, 2021

Advantages of POS System for Retail. POS System Advantages And Benefits For Retail Stores. The terms cash register and point of sale system are often interchangeably used. But there are many advantages of a point-of-sale system, over cash registers, as a company management solution.

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Retail POS Cash Management Point of Sale 52

BNG Point of Sale

OCTOBER 13, 2021

The Advantage of a Point-of-Sale (POS) System for a Convenience Store. Benefits of a POS System for Your Convenience Store. You can satisfy customers and make more sales with an upgraded POS. For example, it’s possible to connect a POS terminal to a server in the backroom or another location.

POS 52

POS Point of Sale Cash Management Loyalty Program 52

Harbor Touch

APRIL 14, 2020

You don’t have spend thousands of dollars out of your pocket to buy a POS system. The latest trend in POS is POSSaaS (POS Software as a Service). With a SaaS solution, this brings the overall cost to own a point of sale system down considerably, and can save you thousands over the lifespan of a traditional system.

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POS Cash Management Point of Sale Retail 78

BNG Point of Sale

OCTOBER 13, 2021

Types of Point-of-Sale (POS) Systems. Point-of Sale (POS) systems are increasingly powerful tools for improving sales and profits. They offer a wide range of hardware and software options to aid in everything from sales to management to accounting. Different Types of POS Systems.

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POS Loyalty Program Point of Sale Cash Management 52

BNG Point of Sale

AUGUST 25, 2020

How much do POS systems cost? What a company lists on their website may not always be accurate, with hidden costs in today’s world of advanced POS systems, it is even more complicated. To help give you a clearer understanding of today’s POS costs, we’re providing a basic rundown of prices. How much does a POS System cost?

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POS Cash Management Mobile Ordering Online Ordering 88

Modern Restaurant Management

NOVEMBER 13, 2023

As point-of-sale (POS) platforms exit the startup stage and developers begin looking for ways to generate increased revenue, many are turning toward processing fees for using their software. Added fees are a practice that can prey on unfamiliarity with POS platforms and the uncertainty left in the wake of COVID-19.

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Point of Sale POS Back of House Customer Service 123

7 Shifts

OCTOBER 31, 2022

When a plan is too wordy, it tends to turn off the reader and can actually prevent them from finishing,” Lauren Fernandez adds that the business plan should be more akin to a sales document, not an A-to-Z tactical roadmap. You can't start a restaurant without a plan. But it doesn't have to be overwhelming. Table of Contents. Download now.

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Point of Sale Back of House Document Download 397

Apicbase

OCTOBER 28, 2022

If CoGs and overheads rise due to inflation, your menu prices should follow. That way, you can keep price increases minimal. In normal circumstances, when menu prices have to be adjusted, it is usually done strategically and with great caution. Drastic price hikes are the last resort for restaurants.

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Pricing Point of Sale Inventory Seasonal Menu 98

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. This is where the concept of dynamic pricing comes in to help restaurants! What Is Dynamic Menu Pricing?

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Pricing Menu Seasonal Menu Point of Sale 52

BNG Point of Sale

SEPTEMBER 8, 2021

POS System Vs Cash Register: What’s The Difference? . A cash register, at its most basic level, is designed to record the transactions of sales that occur in a store.-for POS System Vs Cash Register . POS stands for point of sale, and it is a sale software suite that manages money, inventory, and business transactions.

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POS Cash Management Point of Sale Loyalty Program 52

Lavu

MAY 12, 2022

Pricing & Considerations Read More ». Pricing & Considerations appeared first on iPad Point of Sale System for Restaurants, Bars & More. If you run a fast casual or quick service restaurant, you have the option of improving the customer experience by using self-order kiosks.

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Pricing Ordering Fast Casual Point of Sale 113

BNG Point of Sale

NOVEMBER 20, 2020

Today’s online ordering systems for restaurants ensure you get the most for your restaurant dollar at a price that fits your budget, and online ordering systems are a crucial way to increase sales volume. POS systems are devices used by waiters and managers to place orders at tables, online, and communicate them to the kitchen.

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POS Ordering Mobile Ordering Online Ordering 98

BNG Point of Sale

OCTOBER 8, 2021

Mobile POS For Retail: How Retail Businesses Boost Sales with Mobile Devices. When you think of a point of sale POS system in retail, a cash register likely comes to mind. A similar tool not only rings up merchandise, it improves sales, service, and the way your business functions. What is Mobile POS?

Retail 52

Retail POS Mobile Ordering Cash Management 52

The Restaurant Times

SEPTEMBER 16, 2021

Restaurant point of sale (POS) software is one of the smartest investments you can make in 2021 if you own a restaurant. Restaurant point of sale (POS) software is one of the smartest investments you can make in 2021 if you own a restaurant. How A Restaurant POS Software Can Benefit You.

POS 52

POS Point of Sale Inventory Consumer Goods 52

BNG Point of Sale

MARCH 18, 2021

If you are a business owner and planning to invest in POS equipment, there are options you need to consider, the biggest is whether you should buy or lease. As a POS provider, BNG Point-of-Sale has extensive experience in selling and leasing POS equipment. Benefits of buying point-of-sale systems.

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POS Point of Sale Equipment Back of House 52