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10 Cash Flow Management Best Practices for Restaurants

Lavu

No matter the size of your restaurant, one truth remains: cash flow is king. Restaurant cash flow management is the lifeblood of your business. Yet, while most small business owners know this truth, many still struggle with basic cash flow definitions, fundamentals, and management strategies that actually maximize benefits.

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What Restaurant Employees Really Need to Feel Engaged at Work

7 Shifts

Visit our page to download the full report , which features insights from 1500 active restaurant employees and industry experts. How operators can better engage their employees More recognition from management Even the most self-motivated among us enjoy recognition for hard work, and restaurant employees are no exception.

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Owning a Bar: Everything You Need to Know

7 Shifts

You're not only competing against many other bars but establishments offering entertainment, food, and drink. Funding : Options include family and friends, the bank, and outside investors Restaurant Business Plan Template Start creating you restaurant business plan with our free PDF template Download now 3.

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Seven Traits of Successful Restaurant Owners and Managers

7 Shifts

They have a passion for food, an adventurous spirit, a strong work ethic, and the ability to teach and lead. A successful business plan covers everything from the food you’ll serve to how your restaurant will look and how you want your customers to feel. Or check out how 7shifts optimizes your restaurants labour management.

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Surviving COVID-19: 7 Financing Options for Restaurants

7 Shifts

Shelter-in-place orders, social distancing, and business closures make it next to impossible to generate pre-coronavirus revenue numbers. From small business loans to microgrants to business credit cards, cash is available; it just takes a bit of application work and a little know-how. And no money means mo' problems.

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How Restaurants Can Remain Competitive in 2021

7 Shifts

Ordering online, paying with mobile phones, scanning QR codes for a menu, and a ton of takeout, are just a part of dining out now. diners prefer to view menus, order, and pay for their meal using their phones rather than interacting with servers during the pandemic. For both safety and ease, there isn’t a better option.

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3 Reasons Why You Need a Pandemic Preparedness Plan for Your Restaurant

Focus POS

Rotate shifts in order to minimize employee exposure to one another. Consider halving your staff into A day shifts and B day shifts in order to reduce the number of coworkers they each come into contact with when they come into work. . Download Now: Pandemic Preparedness Guide for Restaurants. Make masks a must.