Remove Back of House Remove Cash Management Remove Inventory
article thumbnail

Pandemic Reflections: What Lessons Has the Restaurant Industry Learned?, Part One

Modern Restaurant Management

Escoffier is aiding restaurant owners and managers by preparing qualified candidates ready for engaged employment. . No matter how much technology evolves, or trends shift, people will always come back for quality food, great value, and friendly service. Delivering on these basics is what keeps customers coming back.

article thumbnail

Beyond the Scoop Shop: A Blueprint for Scaling Artisan Food Businesses

Modern Restaurant Management

My business plan laid out my steppingstones: open three artisanal ice cream shops, create synergy, and ride out the cash flow. Looking back, I was optimistic—perhaps a bit naïve—about what scaling would require. Scaling an artisan food business is no easy feat. Opening 10 more stores wasn’t financially feasible.

Food 322
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Back of House, Yet Front-Facing Priority – Restaurant BOH Trends to Monitor in 2023

Modern Restaurant Management

Is your restaurant up to speed with the latest best practices for back of house (BOH) management? So, which back of office trends should restaurant ownership and management be concerned with heading into 2023? Here are some back of office trends to watch for in 2023.

article thumbnail

Best Practices to Prevent Theft in Your Restaurant

Modern Restaurant Management

One study found that internal employee theft is responsible for 75 percent of inventory shortages and about 4 percent of restaurant sales. There are all kinds of different types of restaurant theft, ranging from food and inventory, theft at the register and checkout counter, external grease theft, time theft and employee product theft.

article thumbnail

Pandemic Reflections: What Lessons Has the Restaurant Industry Learned?, Part Three

Modern Restaurant Management

Restaurant owners negotiated payment plans with their landlords, many of which had prolonged forgiveness dates, but were often not able to pay back rent. " As we mark the fifth anniversary, MRM magazine surveyed restaurant insiders about the pandemic’s lasting impact on their businesses and the industry. ." – Pooja S.

article thumbnail

Your Go-To Guide for Restaurant Inventory Management

7 Shifts

Both situations could have been prevented with proper restaurant inventory management, which gives restaurant operators better oversight over what's in stock and how it is used. There are plenty of good reasons to take inventory on a regular basis: Your restaurant can avoid running out of a key ingredient mid-service.

Inventory 370
article thumbnail

Five Things Every Restaurant Can Do to Boost Profits While Reopening

Modern Restaurant Management

Improving from 20 percent margin to a 35-percent margin on a $12 dish, serving five0 covers per night translates into a $90 net increase in profits, allowing for increased cash flow to sustain operations. Optimize Inventory. Let’s say you operate a burger shop with beginning inventory valued at $5,000.