Modern Restaurant Management

MAY 26, 2022

Many restaurants are doing this by raising prices, cutting costs, taking items off the menu, and making do with lean crews. Gaining a deeper insight into this category can lead to efficiencies, less waste, better quality, as well as how to navigate supplier and distributor relationships. Advise me on peak availability.

Management 161

Management Management Webinar Seasonal Menu 161

7 Shifts

JANUARY 31, 2024

Inventory management Managers need to ensure the kitchen is stocked with the right amount of food so that nothing is wasted and as few items need to be 86'ed as possible. One other way you may need to manage inventory is with menu planning. Managing a restaurant is a delicate routine—if we can even call it a routine.

Management 397

Management Management Kitchen Safety Front of House 397

Modern Restaurant Management

DECEMBER 7, 2022

Test out local organic produce or farm-raised meats as specials on temporary, seasonal menus to gauge interest and test profitability without having to commit to updating your normal menu. Gen Z is a generation born from 1997 to 2012 , with the oldest members turning 25 this year. percent of the U.S.

Mobile Ordering 199

Mobile Ordering Social Media Online Ordering Point of Sale 199

Squirrel Systems

APRIL 11, 2024

Summer time = Patio time We all eagerly plan for and anticipate the summer season, as the promise of warmer weather usually means we get to be outdoors longer and enjoy more sunlight. For many, dining at restaurants in the summer has a special charm, as one of the only times in a year we get to dine outdoors.

POS 97

POS Operations Mobile Ordering Front of House 97

MBB Hospitality

NOVEMBER 15, 2023

It involves tracking the cost of each ingredient, understanding seasonality, and recognizing price fluctuations. Using cost percentage formulas, you can determine the ideal cost for each item on your menu. Leveraging technology can streamline these processes, reducing waste and ensuring precise portion control.

Seasonal Menu 52

Seasonal Menu Food Waste Loyalty Program 52

Apicbase

MAY 30, 2024

This is where a state-of-the-art point-of-sale (POS) system comes into play. Understanding the Basics of Your POS System A restaurant POS system , or point-of-sale, is the central nervous system of a restaurant. A POS system may also include additional hardware for digital menus and promotional digital displays.

POS 52

POS Inventory Cash Management Point of Sale 52

Touch Bistro

MAY 10, 2021

And one area that is often overlooked is the question of how to reduce food waste in restaurants. Food waste costs restaurants a staggering $162 billion per year , and in America alone, restaurants generate as much as 33 billion pounds of food waste per year. Different Types of Restaurant Food Waste.

Waste 59

Waste Food Compost Tip Distribution 59

Lavu

DECEMBER 9, 2019

Restaurants that succeed in improving their food costs without immediately resorting to band-aid strategies like raising their menu prices or trying to work with less staff gain a tremendous competitive advantage. Minimize Waste. In fact, it’s one of the biggest contributors to the current food waste problem.

Food 91

Food Point of Sale Seasonal Menu Waste 91

Modern Restaurant Management

FEBRUARY 2, 2023

This Super Bowl season, your plays should showcase accurate forecasting, efficient ordering, and menus engineered to earn cheers from both teams. They might also want to restock popular brews, with recent research from the International Wine and Spirits Record asserting that the alcohol e-commerce sales will hit $42 billion by 2025.

Menu 88

Menu Point of Sale Seasonal Menu 2025 88

Modern Restaurant Management

NOVEMBER 15, 2022

Due to many factors including inflation and supply chain challenges, restaurant owners and operators have been faced with tough choice about raising menu prices. To do this, restaurants will either need to use lower cost food items or raise menu prices. Another way to introduce price increases is to introduce new elements to the menu.

Pricing 186

Pricing Food Supply Seasonal Menu Menu 186

The Rail

MARCH 27, 2024

By Emma Carter, Contributor The 2024 National Restaurant Association report shows that sales are up and restaurants are hiring. Reduce the food waste you generate. From employee turnover rate to who makes the most sales, using data science for restaurants helps with employee management. Menu optimization isn’t a once-off task.

Email Marketing 52

Email Marketing Point of Sale 2024 Seasonal Menu 52

Modern Restaurant Management

DECEMBER 28, 2023

As travel season approaches, we anticipate seeing more people lean into making their vacation destinations feel more like home, with an increase in activities like cooking while traveling! Restaurant industry insiders offer their insights on F&B trends we can expect to see in 2024.

2024 156

2024 2023 Food Order 2013 156

7 Shifts

MARCH 10, 2022

TouchBistro - a point of sale (POS) app for iPads - allows servers to take payments tableside, managers to monitor sales activities, and accountants and administrators quick access to valuable performance trends. Top Restaurant Management Apps. Try 7shifts for Free. Apple | Android. TouchBistro. Team Communication. QuickBooks.

Management 195

Management Management Operations Point of Sale 195

Restaurant365

JANUARY 7, 2022

Yet, unfortunately, it looks as if we are to have another winter season of adjustments ahead with the Omnicron variant predicted to peak in the United States in January of 2022. Sidewalks, parking lots, and even rooftops have become second dining rooms, each requiring special touches to intrigue customers and keep them coming back.

Outdoor 148

Outdoor Seasonal Menu Point of Sale Dine-in 148

Notch

FEBRUARY 14, 2019

That means more bums in seats, more sales and more profit. Happy hour Happy hour specials are a classic restaurant promotion designed to bring in the after-work crowd. But does running these specials actually result in an upsell? Fortunately, we’re here to help. What makes restaurant promotions powerful though? Crazy, right?

Specials 75

Specials Loyalty Program Seasonal Menu Point of Sale 75

Focus POS

MAY 5, 2020

Bad decisions can cost big bucks in lost income and waste, so it’s smart business to monitor inventory levels, expiration dates, and reorder at the appropriate time. This technology also tells you what menu items are selling out, what’s sitting around in the kitchen about to expire, and how quickly menu items are being sold.

POS 120

POS Point of Sale Mobile Ordering Inventory 120

7 Shifts

JANUARY 31, 2024

Inventory management Managers need to ensure the kitchen is stocked with the right amount of food so that nothing is wasted and as few items need to be 86'ed as possible. One other way you may need to manage inventory is with menu planning. Managing a restaurant is a delicate routine—if we can even call it a routine.

Management 195

Management Management Kitchen Safety Front of House 195

Notch

FEBRUARY 14, 2019

That means more bums in seats, more sales and more profit. Happy hour Happy hour specials are a classic restaurant promotion designed to bring in the after-work crowd. But does running these specials actually result in an upsell? Fortunately, we’re here to help. What makes restaurant promotions powerful though? Crazy, right?

Specials 52

Specials Loyalty Program Seasonal Menu Point of Sale 52

Buzztime Business

MARCH 26, 2024

Or just give them the feeling of spring break with a week or month of beach-themed April promotion ideas, events, and specials. Ask your bartenders to sport Hawaiian shirts and set up a pop-up tiki bar (bonus points if you add a little sand on the floor). Be Their Home Base with April Promotion Ideas for MLB Season!

Bar 78

Bar Point of Sale Events Seasonal Menu 78

Restaurant365

APRIL 30, 2020

When someone places an order, sends a delivery ticket to the kitchen, or takes inventory, valuable data points are created that can inform bigger insights. Analytics can help you make decisions about one of the most important factors in your profit margin: what you’re offering on your menu. ” “how?”

Loyalty Program 78

Loyalty Program Point of Sale Seasonal Menu Inventory 78

The Restaurant Times

FEBRUARY 28, 2023

However, if all you do after reviewing this data is change the amount of stock on hand, you might be losing out on a sizable portion of sales. Analytics provide information beyond financial data and key performance indicators (KPIs), such as sales and profits. Data on operations also include your menu, staffing, and sales.

Operations 52

Operations Point of Sale Seasonal Menu Customer Experience 52

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 Goods Sold Restaurant Industry Average .

Point of Sale 52

Point of Sale Inventory Food Supply Seasonal Menu 52

Mad Mobile

MARCH 1, 2024

In a study by the Wharton School , researchers found that using tabletop technology can improve sales by 9.74% and productivity by 10.77%. High-quality menu imagery per dish In the age of digital dining, restaurant tablets offer a tantalizing upgrade to traditional menus with their ability to showcase high-quality imagery for each dish.

Seasonal Menu 40

Seasonal Menu POS Loyalty Program Customer Experience 40

Lavu

APRIL 6, 2020

Feel like your menu is a bit lackluster? Even the most popular menus can seem a bit dull with time. Many restaurants choose to update their menu constantly, and although this can be a successful practice, it must be done with care. So, what type of menu changes can be positive on your ROI? Daily, Weekly, or Monthly Menus.

Menu 78

Menu Dietary Restrictions Seasonal Menu Point of Sale 78

Restaurant365

APRIL 16, 2021

As a whole, restaurant profit margins are much lower than other industries, due to perishable item waste, staff turnover, seasonality, and other factors. When calculating your restaurant profit margin, keep these details in mind: First, your profit is a way to understand what percentage of your sales turned into profits.

Loyalty Program 88

Loyalty Program Point of Sale Guest Recovery Seasonal Menu 88

Open for Business

OCTOBER 20, 2023

From budgeting and licensing to crafting the perfect menu, here’s everything you need to know about how to open a restaurant. Market research Before you even think about the menu or location, you need to understand the guests who will walk through your doors. Doing so will give you a sense of the market gap that needs filling.

License 78

License Email Marketing Front of House Seasonal Menu 78

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

BNG Point of Sale

JUNE 21, 2021

Typically, it is used for annual figures, but it can also provide results seasonally, monthly, or as often as needed. 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!

Fast Casual 52

Fast Casual Food Truck Customer Service Online Ordering 52

Margin Edge

MAY 10, 2021

Creating recipes and setting your initial menu pricing is Restaurant 101. If you’re using a manual system or some combination of manual and computer-based management, time constraints may mean you can only track a shortlist of key ingredients or menu items: your biggest sellers, the most margin-sensitive or both.

Food 52

Food Point of Sale Seasonal Menu Fast Casual 52

7 Shifts

SEPTEMBER 6, 2022

Consider what foods you love, what the local community loves, and what cuisines and menu items are not currently available in your region. Showcase the bounty with fresh and seasonal dishes. This food truck idea would have a rotating menu. The cost of rent is rising. And the market is growing, estimated to reach $1.2

Food Truck 195

Food Truck Food Seasonal Menu Mobile Ordering 195

EATER

JANUARY 21, 2021

We had a lot of success with meals that weren’t really beholden to a menu,” she says, noting that both the chefs and the customers seemed to enjoy trying something new. Growers sell farm shares at the beginning of the season to people who become regular patrons and recipients for the perishable food.

Seasonal Menu 113

Seasonal Menu Online Ordering Point of Sale Back of House 113

MBB Hospitality

NOVEMBER 28, 2023

Whether it’s a ‘Chef’s Special’ night, a community event, or a seasonal menu, promotions should offer a new experience that intrigues and delights your patrons. Navigating the turbulent waters of the restaurant industry requires resilience, adaptability, and a keen understanding of the market.

Loyalty Program 52

Loyalty Program Customer Service Customer Experience Social Media 52

BNG Point of Sale

JUNE 16, 2021

Delicious menu? Yet even after all this hard work, your restaurant still isn’t seeing the sales you hoped. Maintaining growth in the restaurant business requires more than delicious food and an inviting design; it also means adopting specific and powerful sales strategies. The Specials of the Day. Atmosphere?

Social Media 52

Social Media Online Ordering Loyalty Program Merchandise 52

Lavu

FEBRUARY 5, 2020

If your bar menu is influenced by the annual seasons and fresh ingredients though, then it’s advisable to update the pars quarterly or monthly. . If you don’t, there will be discrepancies in your inventory levels because your bar POS system is only tracking inventory according to sales. Create cocktail specials!

Bar 78

Bar Inventory Point of Sale Waste 78

EATER

JULY 8, 2022

And the price of menu items steadily trends upward as inflation worsens. And the price of menu items steadily trends upward as inflation worsens. Joules Garcia /Eater. Regulars brought flowers and letters asking if we would reconsider closing. In truth, my husband and I struggled around the decision for months.

Online Ordering 99

Online Ordering Seasonal Menu Customer Service Social Media 99

Next Restaurants

OCTOBER 9, 2019

Your point-of-sale (POS) system should evolve as your customer base transitions into more of a “cashless society.” If it’s time to upgrade to a modern point-of-purchase system that improves your guests’ experiences, consider these key features: Mobility Streamlined ordering Refined business workflow Customer and management metrics.

Customer Experience 61

Customer Experience POS Mobile Ordering Point of Sale 61

Restaurant365

SEPTEMBER 24, 2020

She also said the company wasn’t getting daily sales information. Additionally, she was wasting time on bank reconciliation, spending between seven and 35 hours per month on the task each month for the seven locations. As Maru Hospitality Group grew, the company never strayed from its roots.

Hospitality 60

Hospitality Point of Sale Food Demo 60