7 Shifts

OCTOBER 28, 2024

Total New Customers refers to how many new customers your restaurant gains during a specific period because of your marketing efforts. Many restaurants use POS systems that can differentiate between new and existing customers based on payment methods or loyalty program sign-ups. Another effective strategy is personalized marketing.

Loyalty Program 195

Loyalty Program Fast Casual Social Media Email Marketing 195

Lavu

MAY 5, 2025

Restaurant owners are rethinking the way they run daily operationsand many are switching to Lavu POS to stay ahead. Lavu offers a cloud-based POS designed specifically for restaurants, helping streamline everything from front-of-house orders to back-of-house reporting. Running a restaurant is hard – but Lavu POS makes it easier.

POS 78

POS Operations Mobile Ordering Cash Management 78

Modern Restaurant Management

MAY 11, 2022

“Franchisees had to pull pricing from their latest invoices and add up all the dollar figures. Communications in GoVentory are two-way, with distributors supplying order guides and invoices, and restaurants placing new orders through the app and uploading the inventory to the Subway POS. It was a painstaking effort.”

Inventory 547

Inventory Management Management Food Supply 547

Modern Restaurant Management

FEBRUARY 4, 2022

Restaurants will also explore delivery options beyond costly third-party partnerships, and hike delivery menu prices to make the channel more lucrative as off-premise demand holds steady. Younger generations are willing to pay higher prices for healthy meals specifically tied to buzzwords such as GMO-free, all-natural, or organic.

2022 547

2022 Customer Service Online Ordering Website Management 547

7 Shifts

AUGUST 2, 2024

Below are some key restaurant metrics you should be tracking for your restaurant: Cost of goods sold (COGS) The cost of goods sold refers to the amount it costs to produce an item on your menu. This number is essential because it helps you determine the price of your food and beverages.

Point of Sale 397

Point of Sale Inventory Seasonal Menu Cash Management 397

7 Shifts

SEPTEMBER 16, 2021

You won't be able to refer to your previous restaurant opening playbook and follow it to the letter. The benefits of this decision include relying on a proven business model, which will ease the opening and operating process, as you'll be able to refer to what worked (and what is working) at your original location. POS System.

Management 370

Management Management Hiring Document 370

SpotOn

OCTOBER 14, 2024

The POS system is a restaurant's command center. If you run a restaurant, you know this, so you're probably weighing the many options for POS systems carefully. There are the features, support, hardware, and software, upfront POS hardware costs, and monthly subscription fees. What does a POS system do?

POS 52

POS Loyalty Program Website Management Cash Management 52

7 Shifts

JUNE 4, 2021

Ideal menu price. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. Total revenue data, or all of your revenue from income statements or POS sales reports. It also plays a key factor in pricing your menu. Total sales , from your POS.

Point of Sale 416

Point of Sale Inventory Employee Relations Customer Service 416

Goliath Consulting

APRIL 19, 2019

This refers to those who for personal reasons choose not to use banks or to those who are unable to establish bank accounts. Increased Prices, Employee Morale, & POS Failure. Unfortunately, going cashless usually means raising prices to cover the credit and debit card fees incurred. This can be an inconvenience.

Loyalty Program 262

Loyalty Program Reference Customer Service Customer Experience 262

Lavu

NOVEMBER 30, 2024

Proper cost tracking helps you set profitable menu prices, cut expenses, and manage inventory efficiently. Here’s how: Why it matters : Control spending, maintain profit margins, and adjust to price changes. How to track costs : Use tools like POS systems to record prices, calculate recipe costs, and update data regularly.

Seasonal Menu 78

Seasonal Menu Waste Inventory Cash Management 78

7 Shifts

AUGUST 7, 2024

This is commonly referred to as a percentage. It is affected by seasonality, market prices, and even pop culture. Determine your ideal menu price Multiply your plate cost by the food cost percentage to reach a target menu price. Think about how much food prices can rise and fall over time. divided by 0.30 = $9.16

Food 370

Food Seasonal Menu Inventory Pricing 370

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

Modern Restaurant Management

DECEMBER 21, 2022

Instead, as these solutions advance, companies should refer to their technology as “Smart Carts,” or something in the same vein, to give a more accurate representation of what they provide and come off as warm and welcoming tools designed to elevate hospitality. Don’t be afraid to increase price.

2023 493

2023 Loyalty Program Mobile Ordering Customer Experience 493

7 Shifts

JULY 16, 2021

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! Reference secondary research studies or create your surveys and questionnaires to send out to a select group of people! Expected menu prices.

License 459

License Hiring Equipment Small Business 459

7 Shifts

DECEMBER 11, 2019

Issue #3: Costs and Royalties Franchisees benefit from built-in brand recognition of their restaurants, but have to (quite literally) pay the price. One way to simplify this is through integrated restaurant technology, such as POS and employee scheduling software.

Franchising 435

Franchising Franchise Email Marketing Communication 435

7 Shifts

AUGUST 6, 2021

Reference sales data from the same time in the past few years. Since your restaurant is still in its infancy, you'll need to reconsider some of the metrics you base your sales projections on, such as menu prices, days/hours of operation, staff size per shift, and average ticket size - all of which could change in the coming months.

Seasonal Menu 370

Seasonal Menu Point of Sale Inventory Food Supply 370

SpotOn

FEBRUARY 26, 2025

For weekly or more in-depth reporting, accounting software that integrates with your POS system is recommended.  Your P&L line items should be consistent with the ones on different platforms—POS, inventory management, and accounting software. Those sales line items should match the ones in your POS reporting.

License 90

License Point of Sale Insurance POS 90

7 Shifts

SEPTEMBER 19, 2019

You'll need to be tech-savvy with using POS hardware, scheduling tools , and other operational software. Engineer Your Menu for Profits Menu engineering refers to the actions you take to create a more profitable menu. Or, you can turn your puzzles into popular dishes by lowering the price. Here are six: Track your food cost.

Management 284

Management Management 2019 Employee Relations 284

Lavu

APRIL 17, 2025

Managing food costs is a growing challenge for restaurants as ingredient prices fluctuate and margins shrink. Tools like Lavu make it simple to adopt and use, offering features like automated stock updates, low-stock alerts, and integration with POS systems. This ensures accurate insights and smoother workflows across all platforms.

Inventory 78

Inventory Food Waste Mobile Ordering 78

Lavu

MARCH 13, 2025

POS Integration : Sync hours and tips directly from your POS system. Top Options: Lavu Payroll : Free for Lavu POS users, offering automated processing and tip management. Integrated into the POS Homebase : Includes time tracking, scheduling, and basic payroll features. Not purpose built for restaurants.

Tip Distribution 78

Tip Distribution Employee Relations POS Restaurant Law 78

7 Shifts

MAY 31, 2021

The term ‘restaurant operations' refers to the process by which a restaurant is run. The term can refer to the logistics of any and all tasks in a restaurant, including its finances, its kitchen, its staff, and its service model. If so, the server takes it and sends it to the kitchen ASAP by entering it into the POS.

Operations 363

Operations Inventory Hiring Customer Service 363

Modern Restaurant Management

MAY 27, 2020

TableSafe integrates with Oracle MICROS Simphony POS To Provide A Frictionless Pay-At-The-Table Experience announced their pay-at-the-table solution for the MICROS Simphony™ Point of Sale platform. ParTech recently released Brink POS v5.0c Brink POS is uniquely suited to helping operators rise to these challenges.”

Food Safety 441

Food Safety Kitchen Safety Mobile Ordering Guest Recovery 441

Modern Restaurant Management

DECEMBER 27, 2019

Please refer to the full list below or the GCA’s official website. “We’re thrilled that Appetize and Restaurant365, two leaders in cloud-based restaurant solutions, have partnered to deliver a single streamlined POS, accounting, and operations platform for restaurants to maximize revenues.” ParTech, Inc.

Mobile Ordering 309

Mobile Ordering Customer Service Customer Experience Point of Sale 309

7 Shifts

OCTOBER 31, 2022

You'll have a document to reference during the planning or opening of your restaurant. But give an idea of some dishes or drinks with projected price points. Tell investors what technology you plan on using to run your business—and not just the POS (point of sale). Include a headshot, quick bio, and list of relevant experience.

Point of Sale 397

Point of Sale Back of House Document Download 397

Lavu

JUNE 13, 2025

Get a Free POS Demo Designed for Modern Restaurants! When spending is controlled, higher investing is likely to follow, as budgetary leaks and unaccounted spending are easily curbed with a proper record, and cashless POS systems designed explicitly for restaurant businesses help make this happen.

2025 78

2025 Cash Management Mobile Ordering Point of Sale 78

ChowNow

SEPTEMBER 17, 2024

AP refers to the money a restaurant owes to suppliers for goods and services received, like food ingredients, beverages, and equipment. Purchase Orders (POs) : Documents outlining what was ordered and the agreed price. Let’s explore key strategies for streamlining your restaurant’s AP process.

Cash Management 195

Cash Management Document Restaurant Law Online Ordering 195

7 Shifts

SEPTEMBER 6, 2024

COGS can be expressed as a percentage of your sales, often referred to as the COGS ratio. The prices of ingredients can fluctuate due to several factors, including seasonality, supply chain disruptions, and changes in demand. Make sure to price your menu items accurately as well.

2024 195

2024 Seasonal Menu Inventory Food Supply 195

7 Shifts

FEBRUARY 4, 2021

Your time is worth money, so the price is worth it for the amount that I've been able to save.” Simplifying scheduling & payroll with integrations Before the COVID-19 pandemic, Beechwood Doughnuts leveraged the 7shifts integration with their Micros POS to sync sales and labor data to better inform their scheduling. “We

Operations 370

Operations Book Small Business Communication 370

Modern Restaurant Management

DECEMBER 13, 2019

. “With Flip’d by IHOP, guests don’t have to compromise – now they can get freshly-made, all-day menu items like Pancake Bowls and Egg Sandwiches along with a hand-crafted espresso beverage for a good price and in a matter of minutes.” Ordermark Adds Head of Innovation. fast-growing category.

Mobile Ordering 251

Mobile Ordering Catering POS Customer Experience 251

Focus POS

DECEMBER 8, 2021

How the right POS system overcomes restaurant challenges. Additionally, a quality POS puts the information employees need right at their fingertips, so they can answer questions on the spot, eliminating the need – and the time — to say, “let me check.” Restaurant challenges don’t have to cripple your operation.

Mobile Ordering 148

Mobile Ordering Point of Sale Online Ordering Cash Management 148

Lavu

NOVEMBER 1, 2023

Decide on Pricing The cost of delivery is an essential aspect of restaurant food delivery services. It refers to the amount a restaurant incurs to deliver a single order to a customer’s doorstep. When deciding on pricing for restaurant delivery services, several factors need to be taken into consideration.

Delivery 167

Delivery Food Online Ordering Customer Service 167

7 Shifts

MAY 23, 2024

Create a restaurant operations manual A restaurant operations manual ensures that your business procedures are well-documented, concise, and readily available for your employees' reference. You can decide whether to adjust its price or tailor your recipe by looking for alternatives to some of your ingredients to make profits from that order.

Operations 221

Operations Kitchen Safety Food Safety Restaurant Law 221

Restaurant365

FEBRUARY 22, 2022

While restaurant reporting refers to your numbers, restaurant analytics, on the other hand, provide actionable insights. The importance of POS integration in restaurant data collection. POS integration is a connection between your restaurant accounting and operations platform POS software. Reduce Food Loss.

Point of Sale 147

Point of Sale POS Inventory Seasonal Menu 147

7 Shifts

MAY 23, 2024

Food cost percentage When deciding how much to price your menu items, TouchBistro advises keeping the food cost percentage anywhere between 20% and 40%. You can easily retrieve this data from your POS system. Solutions can include preparing for possible changes in pricing, staffing, customer trends, and new technology.

Point of Sale 221

Point of Sale Seasonal Menu Food Supply Cash Management 221

7 Shifts

AUGUST 20, 2021

Note: As the year continues, you can refer to The Economic Policy Institute's Minimum Wage Tracker for up-to-date information on wage changes. POS systems. If you plan to accommodate for the wage increases by making adjustments to your menu, there are subtle ways to introduce new prices that won't rub diners the wrong way.

Food Supply 195

Food Supply Inventory Seasonal Menu Food Order 195

Restaurant365

SEPTEMBER 10, 2021

Use an inventory management system that integrates with your POS system. If your restaurant inventory management system is fully integrated with your point of sale (POS) system, you can streamline and automate as much of the inventory process as possible. Your POS data can help streamline a large part of inventory management.

Inventory 138

Inventory Management Management Point of Sale 138

Goliath Consulting

JANUARY 6, 2022

It is also important to note whether the third-party delivery service will integrate well with your POS. If not, consider how easy it is to make changes to the system such as menus and prices. References. Overall, delivery should always be something restaurants should consider because most people are looking for convenience now.

Delivery 195

Delivery Food Online Ordering Customer Service 195