Culinary Cues

APRIL 15, 2023

My town leaders, bless their hearts, try to figure out ways to strum up cash flow for small businesses. Here’s the kicker: It cost each restaurant $900 to participate in the week (I guess to cover town wide promotion expenses) and every restaurant must agree to deep discount pricing for guests.

Seasonal Menu 447

Seasonal Menu Café Point of Sale Social Media 447

Perfect Daily Grind

APRIL 4, 2022

In the coffee industry, larger roasters generally have a greater capacity to manage price risk, but small and medium-sized roasters also have tools at their disposal. To learn more about how coffee roasters can manage and minimise the impact of price risk, I spoke to some industry experts to learn more. What is price risk?

Pricing 166

Pricing Management Management Point of Sale 166

Sling

APRIL 19, 2021

As a small business owner or manager, you need to speak the language of your industry. That includes general business terms , such as capital, gross, net, and — perhaps most important — profit margin. In business , margins are usually expressed as a percentage. And how do you go about calculating this crucial metric?

Small Business 145

Small Business Cash Management Customer Service Inventory 145

Perfect Daily Grind

SEPTEMBER 22, 2022

Over the past year or so, coffee prices have been steadily increasing. The first sign that prices would increase was a sudden frost which hit some of Brazil’s major coffee-producing regions in late July 2021. Since then, prices have consistently remained above the US $2 mark. Understanding farmers’ economic vulnerability.

Pricing 184

Pricing Retail Supplies Point of Sale 184

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

Cheetah

FEBRUARY 2, 2021

Large enterprises across the food chain already realize the importance of demand planning, but small businesses are still anxious about making the leap. Meanwhile, big companies are developing massive data analyzing capabilities and are moving in on local businesses’ market share. Table of Contents. What Is Demand Planning?

Small Business 78

Small Business Food Supply Point of Sale Inventory 78

7 Shifts

OCTOBER 31, 2022

A restaurant business plan is one of the most (if not the most) essential elements in getting a new restaurant off the ground. There are a few reasons for this: A business plan is typically the first thing any lender or investor will want to look at. What is a Restaurant Business Plan? Restaurant Business Plan Sample Outline.

Point of Sale 398

Point of Sale Back of House Document Download 398

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. Some consider Lightspeed to be the most comprehensive restaurant point of sale system available for restaurant management.

Point of Sale 52

Point of Sale Online Ordering POS Loyalty Program 52

BNG Point of Sale

DECEMBER 6, 2021

You’ve probably never considered having your point-of-sale system and merchant services from different companies. Suppose you have two competing entities providing these services for your business. The aim of having a POS system for your business is to replace manual accounting and sales recording.

Point of Sale 52

Point of Sale POS Cash Management Customer Service 52

7 Shifts

FEBRUARY 7, 2024

The first technologies that restaurants often invest in are cloud-based point of sale (POS) systems and payroll processing. The restaurant tech industry is growing, with software and services designed to streamline almost every aspect of your business.

Technology 312

Technology Mobile Ordering Social Media Online Ordering 312

7 Shifts

FEBRUARY 8, 2024

Restaurants of today are infused with technology in many new ways, and it’s making a difference. A full 55% of consumers consider takeout and delivery essential to their restaurant experience. Restaurants turned to restaurant management apps to navigate this change, and it appears there’s no going back. Try 7shifts for free.

Operations 367

Operations Management Management Mobile Ordering 367

Apicbase

MARCH 3, 2023

Although the point-of-sale system (POS) remains the technological heart of restaurants, numerous technologies run behind the scenes these days. This end-to-end solution uses data from your POS to provide insights into sales, food costs, menu engineering and inventory management. Restaurant technology has come a long way.

Point of Sale 52

Point of Sale POS Management Management 52

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. Having a POS software system in place is a key way of creating immediate and more frequent sales.

Point of Sale 45

Point of Sale Mobile Ordering Merchandise POS 45

7 Shifts

FEBRUARY 8, 2024

Restaurants of today are infused with technology in many new ways, and it’s making a difference. A full 55% of consumers consider takeout and delivery essential to their restaurant experience. Restaurants turned to restaurant management apps to navigate this change, and it appears there’s no going back. Try 7shifts for free.

Operations 353

Operations Management Management Mobile Ordering 353

Culinary Cues

JULY 22, 2021

Cookbook sales on Amazon spiked and grocery stores were challenged to keep food on their shelves. Wholesale distributors began to ship or deliver directly to homes to compensate for minimal restaurant sales and liquor stores were deemed “essential” as people began to make their own cocktails to help forget about their isolation.

Guest Recovery 448

Guest Recovery Uniforms Point of Sale Customer Experience 448

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.

Inventory 148

Inventory Pricing Management Management 148

Culinary Cues

DECEMBER 20, 2021

There is another casualty in the restaurant business – one that is far more detrimental than the loss of another corner operation. This casualty has been in the making for some time but adding point of origin supply chain issues has made the loss even more significant. It all seemed to make sense – a service was provided.

Point of Sale 411

Point of Sale Food Supply Supplies Small Business 411

Culinary Cues

AUGUST 22, 2022

A chef/owner was busy by the stove with an assistant who also washed dishes and bussed tables and out front a single server and maybe, in the busiest of operations, a host/bartender who was likely the spouse of the chef. I have very fond memories of walking the streets of St. That was it! Those four or five employees were like family.

Seating 442

Seating Front of House Back of House Cash Management 442

SpotOn

APRIL 22, 2024

It doesn’t matter whether you run a restaurant, retail store, or any other type of small business—the point-of-sale (POS) serves as the foundation of your operation. That’s why it’s so important to make the right choice when picking a new point-of-sale. Head to G2 here.

POS 98

POS Point of Sale Retail Customer Service 98

Culinary Cues

JANUARY 23, 2021

In the restaurant business there are really only two ways to view profit: a very small amount of profit balanced by very significant volume, or a significant amount of profit on far less volume. In both cases it is sales (the top line) that sets the stage for success. So what is contribution margin? SP = $5.25 /.30. SP = $17.50.

Point of Sale 450

Point of Sale Front of House Back of House Fine Dining 450

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. Understand customer cravings and business needs through data. Let’s say the price of beef goes up. Don’t overthink it.

Front of House 191

Front of House Point of Sale POS Cash Management 191

Izettle

JUNE 10, 2021

It takes a long time to research the pros and cons of different providers, read card reader reviews, work out what you need, and make a decision – time that most small business owners don’t have to spare. Flexibility to work around your business. A simple pricing structure. The benefits of going contactless.

Small Business 52

Small Business Cash Management Point of Sale Website Management 52

Izettle

JUNE 10, 2021

It takes a long time to research the pros and cons of different providers, read card reader reviews, work out what you need, and make a decision – time that most small business owners don’t have to spare. Flexibility to work around your business . A simple pricing structure . The benefits of going contactless.

Small Business 52

Small Business Cash Management Point of Sale Website Management 52

7 Shifts

JULY 16, 2021

Write a Coffee Shop Business Plan. This step and research component is the foundation behind your business, and should be taken seriously! You may discover that your target customers enjoy an afternoon pick-me-up and are sensitive to price. This research will dictate your hours of operation and pricing plans! Coffee Bars.

License 461

License Hiring Equipment Point of Sale 461

SpotOn

MAY 13, 2024

Today, SpotOn, the top-rated software and payments partner for restaurants and small businesses, revealed the results of a comprehensive study of tipped restaurant workers on tipping expectations, generational trends, and payment options. Instead, tipping trends remain relatively consistent.

Point of Sale 110

Point of Sale 2024 Customer Service Customer Experience 110

7 Shifts

NOVEMBER 22, 2021

In this article, you'll learn how to get a business loan for your restaurant so you can make your dream of starting or growing your restaurant a reality. Create a Restaurant Business Plan. Getting Your Restaurant Business Loan. Before you Begin: Create a Restaurant Business Plan. Getting Your Restaurant Business Loan.

Document 394

Document Cash Management Small Business Take-out 394

7 Shifts

FEBRUARY 15, 2024

The demands of the modern bar are significant: inventory issues, demanding customers, volatile prices, and — perhaps the biggest of all — staffing, scheduling, and other labor concerns. This is a must, whether you’re running a standalone bar, pub, lounge, or any other business with a bar.

Inventory 195

Inventory Bar Management Management 195

7 Shifts

FEBRUARY 15, 2024

The demands of the modern bar are significant: inventory issues, demanding customers, volatile prices, and — perhaps the biggest of all — staffing, scheduling, and other labor concerns. This is a must, whether you’re running a standalone bar, pub, lounge, or any other business with a bar.

Inventory 195

Inventory Bar Management Management 195

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.

Inventory 370

Inventory Management Management Point of Sale 370

Modern Restaurant Management

APRIL 24, 2023

A strong catering business can be a restaurant’s biggest moneymaker. Most of the year, catering can comprise 10 to 15 percent of your total sales, but during December, if 20 percent of sales are not coming from catering, you’re missing an opportunity. And you’re getting them for free!). ” they all say no.

Catering 193

Catering Website Management Point of Sale Travel 193

Modern Restaurant Management

JANUARY 8, 2024

Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour. This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits.

2024 212

2024 Loyalty Program Cash Management Customer Experience 212

7 Shifts

APRIL 3, 2020

Comparing 7shifts’ internal data of 10,000+ restaurants, restaurants are seeing an average weekly decrease in sales of 50% across the board in North America. So here’s the question a lot of restaurateurs are asking: how do you start drastically cutting expenses to give your business the best chance of recovery?

BOH 368

BOH POS Influencer Point of Sale 368

7 Shifts

DECEMBER 18, 2019

Why you should invest in restaurant lunch specials Increasing lunch sales is a no-brainer in the restaurant business. Toast employee David Scott Peters said it best: “Think about it: you are paying rent and utilities whether you are generating sales or not. (.) Want to capture the hungry, back-to-school lunch crowd for January?

Specials 362

Specials Food Truck Seasonal Menu Social Media 362

Culinary Cues

DECEMBER 17, 2020

There are a number of reasons why restaurants fail – some are predictable and avoidable, while others can catch a business off guard. They just can’t survive the pain of lost business for months on end. A reduction in restaurant business leads to crop waste, unplanted land, and serious cash flow problems for farmers.

Uniforms 470

Uniforms Cash Management Brewery Consumer Goods 470

Modern Restaurant Management

MAY 19, 2022

The prices of goods and services have increased 8.5 Rebounding demand, supply chain issues, and labor shortages are mostly to blame for driving prices to an all-time high. By making small tweaks to the placement of these items in your menu, you can make significant increases to your bottom line. Take Advantage of QR Codes.

Waste 182

Waste Food Supply Point of Sale Inventory 182

Clover - Restaurants

APRIL 23, 2024

You’ll need to carefully analyze the financials and reasons behind any decline in sales or profitability. You’ll need to carefully analyze the financials and reasons behind any decline in sales or profitability. Buying an existing restaurant can offer several advantages associated with investing in a proven concept.

Point of Sale 52

Point of Sale Cash Management Franchise Franchising 52

Lavu

DECEMBER 20, 2019

Catered specifically to those in the restaurant industry as well as to emerging small businesses, Sourcery has the specialized ordering and inventory receipt capabilities that Bill.com lacks. Bill.com Reviews and Pricing. Pricing plans range from $29 to $59 per month per user, with the latter their most popular plan.

Pricing 78

Pricing Online Ordering Customer Service Small Business 78