Modern Restaurant Management

JANUARY 31, 2024

Will 2024 be a comeback year for restaurants? Despite challenges including inventory costs, commission fees and staff turnover, many restaurant owners are expressing optimism about moving forward, according to TouchBistro’s 2024 State of Restaurants Report. I think automation will be the biggest trend of 2024.

2024 508

2024 Online Ordering Website Management Email Marketing 508

Modern Restaurant Management

MAY 31, 2024

“Restaurant jobs are particularly valuable because employees can learn a host of skills in a short time that are investments for both their business and everyday life,” said Michelle Korsmo, President & CEO of the National Restaurant Association. Economic shifts have significantly impacted consumer behavior, with 72.1

Online Ordering 391

Online Ordering Ordering Hiring 2024 391

Modern Restaurant Management

JANUARY 31, 2025

The research found that businesses worldwide – particularly restaurants – intend to experiment more in 2025, especially with customer retention programs like loyalty, as they face the triple challenge of sustained high inflation, shrinking consumer wallets and the need to raise prices across the board. percent during Q4.

Marketing 221

Marketing Loyalty Program 2025 2024 221

Modern Restaurant Management

DECEMBER 28, 2023

Restaurant industry insiders offer their insights on F&B trends we can expect to see in 2024. Late Night Snacking : with the rise of trends like girl dinner this year, 2024 will be the year of late night snacking, with more consumers ordering delivery for food during late night hours.

2024 474

2024 2023 Food Order 2013 474

Modern Restaurant Management

AUGUST 2, 2024

Restaurant leaders representing nearly 3,700 QSR, fast casual, casual dining, and fine dining locations shared 2024’s top challenges and opportunities alongside plans for investment in back-of-house technology, increased sales, and team training, benefits, and support.

Influencer 251

Influencer Pricing 2024 Social Media 251

Modern Restaurant Management

DECEMBER 21, 2023

In 2023, we saw sellers increasing throughput utilizing the “experience creates consumption” strategy and we predict an increase in draft program profitability in 2024 as more on-premise professionals embrace the needs of the highly coveted craft beverage loyalists.

2023 309

2023 Insurance 2024 Employee Relations 309

Modern Restaurant Management

MARCH 3, 2023

Key findings illustrating the industry's economic conditions include: Growth will continue : The foodservice industry is forecast to reach $997 billion in sales in 2023, driven in part by higher menu prices. Only one in ten operators think recruiting and retaining employees will be easier in 2023 than it was in 2022.

2023 508

2023 Consumer Goods 2022 Point of Sale 508

7 Shifts

JULY 20, 2024

By analyzing these reports, you can optimize pricing, control restaurant costs , reduce waste, and improve overall profitability. Because the sales report shows the revenue generated by each menu item, you can set your pricing appropriately to maintain healthy profit margins. This balance helps in maintaining optimal labor costs.

2024 221

2024 Cash Management Inventory Waste 221

7 Shifts

SEPTEMBER 16, 2024

No matter the cause, selling a restaurant requires careful preparation and strategy to ensure you get the best price and attract the right buyer. If your business is priced too high, buyers may overlook it. How to compute your restaurant’s value An accurate valuation sets a solid foundation when selling a restaurant.

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2024 Document Point of Sale Cash Management 195

Modern Restaurant Management

APRIL 23, 2024

According to Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales, and Computer Employees , effective July 1, 2024, the salary threshold will increase to the equivalent of an annual salary of $43,888 and increase to $58,656 on January 1, 2025. million employees, and create an additional $1.2

Government 275

Government 2025 Employee Relations Restaurant Law 275

7 Shifts

JUNE 16, 2024

Best restaurant marketing ideas for 2024 Here are some of the proven and tested restaurant marketing ideas you can try in 2024: Offer your customers rewards using loyalty programs 47% of diners in loyalty programs say they use their memberships a couple of times monthly, and 32% use them several times weekly.

Marketing 195

Marketing 2024 Email Marketing Social Media 195

Lavu

MARCH 17, 2025

With rising ingredient prices and tight profit margins, understanding the food cost formula can make the difference between financial success and failure. By accurately calculating food costs, restaurant owners can set the right menu prices, reduce waste, and maximize their profits. Whole Wheat Bun $0.30 Avocado(1/4) $1.20 0.30 = $17.17

Food 78

Food Waste Inventory Seasonal Menu 78

7 Shifts

DECEMBER 13, 2023

California has some of the strongest, most employee-friendly tip laws in the country. Jon & Vinny’s employees recently filed a class-action lawsuit against the Italian food restaurant, claiming that they shorted servers’ pay due to a murky service fee policy. It’s also more generous to employees on several points.

Restaurant Law 221

Restaurant Law Tip Distribution Employee Relations Customer Service 221

Modern Restaurant Management

DECEMBER 19, 2023

We’ve seen how robotics can improve not only the customer experience, but the employee experience. which delivers drinks and provides a fun, novel experience for guests, while allowing employees to focus on customer service. .” We provided and integrated Kur-B the Kurabot into all 50+ locations across the U.S.,

2023 294

2023 Front of House Customer Experience Customer Service 294

7 Shifts

DECEMBER 6, 2023

The Colorado minimum wage can potentially change every January , based on cost of living increases (as measured by Colorado’s Consumer Price Index). per hour, but this number will change again on January 1, 2024. per hour—as long as the employee’s base wage and tips combine to equal at least the full minimum wage.

Tip Distribution 221

Tip Distribution Restaurant Law Employee Relations 2023 221

7 Shifts

DECEMBER 13, 2023

California has some of the strongest, most employee-friendly tip laws in the country. Jon & Vinny’s employees recently filed a class-action lawsuit against the Italian food restaurant, claiming that they shorted servers’ pay due to a murky service fee policy. It’s also more generous to employees on several points.

Restaurant Law 195

Restaurant Law Tip Distribution Employee Relations Customer Service 195

Modern Restaurant Management

DECEMBER 31, 2019

Low priced / value perceived / big ticket items brought down to a fixed low price. The utilization of ghost kitchens means more money and opportunity for restaurant operators, without large price or labor hikes. percent by 2024, and 2020 will be a catalyst year that could drive that number up.

2020 345

2020 Kitchen Safety Consumer Goods Point of Sale 345

7 Shifts

DECEMBER 6, 2023

The Colorado minimum wage can potentially change every January , based on cost of living increases (as measured by Colorado’s Consumer Price Index). per hour, but this number will change again on January 1, 2024. per hour—as long as the employee’s base wage and tips combine to equal at least the full minimum wage.

Tip Distribution 195

Tip Distribution Restaurant Law Employee Relations 2023 195

7 Shifts

JANUARY 5, 2024

Any money a customer leaves voluntarily above the ticket price (including tax) is a tip or gratuity. Tips belong to the employee, not the employer, and employers can’t take any part of employee tips, with one exception: employers can take a percentage of tips for a valid tip pool.

Restaurant Law 195

Restaurant Law Cash Management Tip Distribution Employee Relations 195

Society Insurance

MARCH 4, 2025

Chamber of Commerce said in a recent report that the number of verdicts above $100 million reached a record in 2023, up nearly 400% from 2013 as reported in The Wall Street Journal s 2024 piece, Nuclear Jury Verdicts Rise Alongside American Anger. Be aware: certain states are more prone to outsized jury verdicts.

Insurance 52

Insurance 2025 Food Safety 2013 52

Perfect Daily Grind

MARCH 18, 2022

Robusta prices rise in Brazil as a result of decreasing arabica production. The UAE trade authority held several exhibitions and discussions in Istanbul to boost bilateral trade relations. Global coffee prices continue to increase over 17 consecutive months, despite the Russian invasion of Ukraine. US cents/lb in February 2022.

Pricing 121

Pricing Webinar 2022 Café 121

7 Shifts

JANUARY 5, 2024

Table of Contents The basics of tip laws in New York What is minimum wage for tipped employees in New York? Any money a customer leaves voluntarily above the ticket price (including tax) is a tip or gratuity. This is the case in New York, where service charges are presumed to belong to employees , including mandatory service charges.

Restaurant Law 195

Restaurant Law Cash Management Tip Distribution Employee Relations 195

Lavu

FEBRUARY 14, 2024

Running a Bar: 7 Key Features You Need to Become The Best Bar POS System in 2024 In the bustling world of hospitality, the backbone of a bar’s success lies in its operational efficiency and customer satisfaction. These programs and APIs enable you to track your beer and liquor inventory , units, suppliers, and prices on your device.

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POS Bar Point of Sale Front of House 166

Modern Restaurant Management

FEBRUARY 10, 2020

The organization’s registered dietitians, nurses and medical doctors deliver lunch-and-learns and employee wellness programs in hospitals to provide the education on the evidence behind plant-based nutrition. billion by 2024. PCRM also helps hospitals with implementation of new plant-based menu items.

Hospitality 459

Hospitality Food Consumer Goods 2019 459

7 Shifts

JULY 1, 2024

Running a bar is a lucrative business, proven by the fact that this industry is estimated to be valued at a whopping $36 billion in 2024. For example, a popular nightclub will need many employees that a cozy neighborhood bar won't, like a house DJ or a valet. A food seller's permit is also mandated if you plan on serving food.

Bar 221

Bar License Food Supply Restaurant Law 221

Restaurant365

JULY 24, 2020

Revenue is expected to show an annual growth rate (CAGR 2020-2024) of 5.1%, resulting in a projected market volume of $32,325m by 2024. Choosing between in-house delivery, third-party delivery apps or a combination requires an understanding of related costs. Factor Delivery Costs into Your Ghost Kitchen Menu Prices.

Front of House 147

Front of House Online Ordering Kitchen Safety Customer Service 147

Apicbase

FEBRUARY 29, 2024

To give you the full picture of the positives and negatives of what lies ahead for 2024, we combed through dozens of recent industry reports and compiled a list of 93 restaurant industry statistics. Restaurant Industry Stats 2024 – Our Top 10 10 restaurant industry stats for 2024 to keep in mind. Let’s dig in.

2024 52

2024 Operations Loyalty Program 2023 52

Clover - Restaurants

JULY 5, 2024

Luckily in 2024, the U.S. Whether you’re interested in quick service or full service , this guide will help you navigate the 15 most profitable restaurant types to open in 2024 based on data. Here are some of the most profitable QSR restaurants to open in 2024: 1.

2024 52

2024 Food Truck Fast Casual Fine Dining 52

Modern Restaurant Management

APRIL 1, 2025

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features dining trends, hiring trends, tech trends, brunch trends, alcohol trends, and egg prices. Forty-five percent of those who said they were dining out less this year because restaurant prices are too high. million people. . "The

Pricing 251

Pricing Technology 2025 Point of Sale 251

QSR Automations

DECEMBER 22, 2023

Of course, it’s still advisable to provide good support over the phone if your customers need help from one of your employees, as well as monitor those calls for future improvements. As we head into 2024, we predict that there will only be even more great ways to implement AI.

2024 52

2024 Online Ordering Loyalty Program Customer Service 52

Touch Bistro

AUGUST 11, 2021

hour for businesses with 4 or more employees. hour for businesses with 25 or fewer employees and $14.00 for businesses with 26 or more employees (several cities also have their own minimum wage laws). hour for businesses with 25 or fewer employees and $15.00/hour hour for employees not covered under FLSA).

2021 98

2021 Restaurant Law 2022 Seasonal Menu 98

Black Box Intelligence

OCTOBER 25, 2024

Out of the Box: Monthly Restaurant Industry Update Restaurant Industry in Review: Trends from September 2024 SEPTEMBER: BY THE NUMBERS 0.4% Here are all the September 2024 Restaurant Trends you need to know. Additionally, food prices saw an unexpected rise of 0.4% The third quarter of 2024 continues this trend.

2024 52

2024 Guest Recovery Point of Sale Employee Relations 52

Lavu

NOVEMBER 27, 2024

Here’s a quick breakdown: Lavu : Tailored for restaurants, uses iPads, supports dual pricing, integrates with Uber Eats and QuickBooks. Pricing customized via consultation. month + 2% Processing Custom pricing Takeaway: Lavu is ideal for restaurants needing affordability. Starting at $9.99/month. User rating: 4.9/5.

POS 78

POS Customer Service Mobile Ordering Loyalty Program 78

Qu

MARCH 12, 2025

The Value: Drive-thru operations consistently leave money on the table, with employees attempting cross-selling only 42% of the time 1 due to time pressures and outdated technology. Automated tip pooling saves time and reduces costs by eliminating errors and disgruntled employees.

Tip Distribution 40

Tip Distribution Online Ordering Mobile Ordering Customer Service 40

Apicbase

JULY 22, 2024

It centralises intellectual property (IP) related to recipes and menus, and automates inventory management. They populate customer-facing apps, websites, order kiosks, electronic displays, and staff tablets with comprehensive dietary and ESG-related information with the push of a button. It can be a huge challenge.”

Catering 52

Catering Sustainability Technology Employee Relations 52

Black Box Intelligence

SEPTEMBER 26, 2024

Out of the Box: Monthly Restaurant Industry Update August 2024: Is This a Turning Point? Since COVID, restaurants have had a difficult time maintaining adequate employee levels. Only 5% of brands said they had enough employees. Therefore, it was no surprise it saw record numbers of employees quitting their jobs.

Front of House 52

Front of House Point of Sale Guest Recovery Back of House 52

SpotOn

JUNE 5, 2024

For this reason, many restaurants and other small businesses implement some kind of fee to offset operating expenses without skyrocketing prices for their customers. " Lawmakers are concerned that some fees hurt customers by inflating the advertised price with opaque, mandatory add-ons.

Small Business 52

Small Business Restaurant Law Customer Service Pricing 52