Modern Restaurant Management

AUGUST 10, 2020

Less revenue for businesses and income for individuals means less tax dollars for federal and state governments. Given the budget deficits faced by federal and state governments, taxing authorities are likely to begin encountering increased pressure to collect more revenue. On July 13, the U.S. States are facing similar problems.

Audits 180

Audits Government Point of Sale Cash Management 180

Culinary Cues

MAY 15, 2021

Four-page menus do not reflect business common sense – inventories become unmanageable, waste is much more difficult to manage, the level of expertise required of employees grows exponentially, consistency and quality are challenging, and profit is hard to predict and realize.

Customer Experience 397

Customer Experience Cash Management Customer Service Front of House 397

7 Shifts

JANUARY 9, 2024

A modern restaurant management system can help with compliance. If the restaurant management chooses to pay some or all of the service charge out to staff, that money counts as taxable wages, not tipped income. Managers, supervisors, and employers can’t receive funds from tip pools either.

Restaurant Law 221

Restaurant Law Cash Management Tip Distribution 2024 221

7 Shifts

JULY 13, 2023

Restaurant transactions have been moving away from cash and towards electronic forms of payment for years—and that's extending to tips now too. Americans who leave their tips digitally tip nearly 15% more than when they tip with cash. However, more digital tips means less cash passing through the restaurant on a daily basis.

Cash Management 195

Cash Management Back of House Training Management 195

7 Shifts

NOVEMBER 17, 2021

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. The Best Restaurant Inventory Management Software. Choose The Right Inventory Management System. The Basics of Restaurant Inventory Management.

Inventory 370

Inventory Management Management Point of Sale 370

7 Shifts

JANUARY 9, 2024

A modern restaurant management system can help with compliance. If the restaurant management chooses to pay some or all of the service charge out to staff, that money counts as taxable wages, not tipped income. Managers, supervisors, and employers can’t receive funds from tip pools either.

Restaurant Law 195

Restaurant Law Cash Management Tip Distribution 2024 195

7 Shifts

AUGUST 18, 2024

Another option is to look into government programs that might offer financial assistance for small businesses. Specialty bars focus on a particular type of drink or theme, such as wine bars or cigar bars, but can be much more expensive to manage. Hiring a Strong Team You'll need a manager, bartenders, waiters, and security.

Bar 370

Bar License Email Marketing Customer Service 370

7 Shifts

AUGUST 23, 2023

I'm excited to introduce Tip Payouts , an easy-to-use tip payment solution that empowers restaurant managers to send tips directly to employees' bank accounts in seconds. Our tip management journey started back in September 2021 with the release of our Tip Pooling feature, which covered the calculation portion of the process.

Tip Distribution 195

Tip Distribution Cash Management Restaurant Law Insurance 195

Embrace the Suck

JANUARY 24, 2022

Many wait for funding from the government to give them the cash flow needed to make up for the decline in sales. The government money is nice, however, it is a bandaid to the real issues that are under the surface. The funds from the government have proven to be the same for a lot of restaurants. I am glad you asked!

Cash Management 259

Cash Management Leadership Take-out Coaching 259

Modern Restaurant Management

AUGUST 27, 2024

By the time you manage inventory, staffing, customer demand and narrow profit margins, the last thing you want to think about is the IRS. Restaurants, like other cash-intensive businesses, are a frequently targeted for audits by the IRS. Operating a restaurant is not easy. This allows the auditor to verify the expenses.

Audits 188

Audits Cash Management Point of Sale Document 188

7 Shifts

APRIL 23, 2021

Unemployment benefits—augmented by federal government support—are providing security that restaurants have not been able to over the past year. The past year has turned servers into expert delivery packers, challenge chefs' creativity, and flipped the role of a restaurant manager on its head. What to look for in the ideal employee.

Hiring 370

Hiring Front of House Back of House Food Safety 370

7 Shifts

FEBRUARY 12, 2021

They could also be trying to get out of a bad situation—be it management, building, or market related. Find out the true costs Understanding the businesses food and labor costs, monthly overhead, and a clear picture of the business cash flow. Perhaps they’ve enjoyed a long and successful career and are looking to retire.

License 444

License Equipment Certification Take-out 444

Modern Restaurant Management

MARCH 19, 2021

This is no surprise—we saw the impact every day with many of our favorite restaurants completely shutting down or having to substantially cut back on both workforce and patron capacity due to government-mandated closures. Restaurant industry employees in 2020 were down 3.1 million from expected levels.

Tip Distribution 189

Tip Distribution Government Cash Management 2020 189

Modern Restaurant Management

MARCH 10, 2020

“We hope the fears will subside and governments can help control the outbreak. Cash is dirty; and 4) we will soon launch bundled food delivery, acting as a marketplace for cloud kitchen delivery. We have a digital PMS (Property Management System) with a cloud-based reporting system. Cash is dirty.

Kitchen Safety 206

Kitchen Safety Food Safety Cash Management Food Supply 206

Embrace the Suck

MARCH 27, 2020

The original management team was let go and replaced by the next available warm bodies that seemed to have potential. That causes more damage than good as they struggle to try to learn and gain management experience while on the job! Your restaurant is caught in the crosshairs of COVID-19 and the government. It could be.

Leadership 343

Leadership Cash Management Coaching Take-out 343

Culinary Cues

OCTOBER 23, 2019

Now, think about this – when did we become so attached to technology that a bartender couldn’t work out of a cash drawer, or simply have me sign a bill to my room knowing that it could be charged to my account at a later date? The virus is prevalent in the hospitality business, retail, government, and education, just to name a few industries.

Hospitality 211

Hospitality Employee Relations Cash Management Training 211

Modern Restaurant Management

SEPTEMBER 3, 2020

Modern Restaurant Management (MRM) magazine asked Kathryn Petralia, co-founder of Kabbage, for her insights on the next financial resources for restaurants. Our data shows many businesses that received a PPP already have significantly reduced cash balances after taking the loan.

Cash Management 158

Cash Management Small Business Magazine Government 158

Modern Restaurant Management

MAY 21, 2020

Even though the COVID-19 pandemic persists across the globe, governments have started easing lockdown restrictions and allowing restaurants to reopen finally. For their safety and convenience, enable delivery and payment services that allow customers to pay without cash, as well as choose when and how their order should be delivered.

Social Media 215

Social Media Food Safety Cash Management Kitchen Safety 215

Perfect Daily Grind

OCTOBER 5, 2022

The following year, the House of Assembly of Jamaica – a system of self-governance which was established during British colonial rule – voted in favour of becoming a direct-ruled British colony. Before long, sugarcane was once again the biggest cash crop in Jamaica, with banana production not far behind.

Agriculture 199

Agriculture Government Food Supply Article 199

Perfect Daily Grind

AUGUST 30, 2022

Since then, coffee has been a major cash crop for Tanzania. Furthermore, low coffee prices have forced some farmers in the Northern Highlands to uproot their coffee plants and replace them with more profitable cash crops. Thus far, the government has already increased the agricultural budget, with a specific emphasis on coffee.

Education 152

Education Government Agriculture Cash Management 152

Modern Restaurant Management

JULY 27, 2023

Workers who lack access to basic financial services are subjected to paying expensive fees for things like cashing a check. Many cards don’t allow ‘portability’ — accepting payments from sources other than their primary employer (second employer, government benefits, tax refunds, etc.)

Cash Management 162

Cash Management Insurance Customer Service Government 162

Modern Restaurant Management

APRIL 2, 2020

At this point, the story is global – businesses in communities around our country and world have shuttered, many at the direction of local, state or national governments as we battle the COVID-19 pandemic. Are you paying too much for your website, your payment solution, or your inventory management tools? Build Your Skills.

Social Media 195

Social Media Small Business Customer Service Cash Management 195

EATER

FEBRUARY 10, 2022

DoorDash Capital is actually a cash advance and a fee, okay? In a FAQ on the company website , DoorDash is very clear that its new financing product is a cash advance, not a traditional loan. Shutterstock. The move comes as no surprise for anyone who’s been watching DoorDash over the last year.

Cash Management 111

Cash Management Point of Sale Online Ordering Advertising 111

Modern Restaurant Management

APRIL 2, 2020

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. Checklist app automates daily food safety and operational task management as well as regular maintenance and audit procedures. ” The BOHA!

Healthcare 206

Healthcare Employee Relations Online Ordering Customer Service 206

Modern Restaurant Management

JUNE 5, 2020

With decreased traffic and high demand from consumers who have been under restrictive stay at home orders, it is the perfect time for local governments to get creative in assisting local businesses and revitalizing their communities.

Outdoor 168

Outdoor Seating Government Employee Relations 168

EATER

NOVEMBER 11, 2020

Where is the conscience of this government, of this social system to support people? We do pay cash to some vendors at the farmers markets, but that’s about it. I talked about the importance of the experience and some training for your management staff. Where is the conscience of the country?”. But also, it’s a bloody pandemic.

Cash Management 145

Cash Management Insurance Point of Sale Back of House 145

Deliverect

MARCH 17, 2020

Governments all over the world have been ordering restaurants, bars and other food businesses to close up shop - until further notice. One way to still serve your customers is through delivery or takeaway - two options that are supported by most, if not all local governments of the countries and areas in lockdown.

Online Ordering 146

Online Ordering Merchandise Food Website Management 146

7 Shifts

MAY 15, 2023

Restaurant payroll is a system for calculating and managing the salaries of employees in a restaurant. Employers need to track hours, calculate wages, manage shift schedules , and maintain employee records. This schedule can be difficult to run manually for managers with more than a handful of employees.

2023 195

2023 Tip Distribution Audits Restaurant Law 195

7 Shifts

MAY 18, 2023

New hires will receive the correct government forms to sign and information is safely stored in their profile for payroll. Finally, accurate records can also help restaurant owners and managers to analyze labor costs, identify trends, and make informed decisions about staffing and scheduling.

Restaurant Law 195

Restaurant Law Insurance Audits Cash Management 195

Modern Restaurant Management

SEPTEMBER 23, 2020

That includes any previous liquidity steps taken and your management of any government assistance you received. Food service companies took advantage of the government’s Paycheck Protection Program (PPP) to the tune of $42 billion, as of the end of June. In that case, try to get ahead of the filing.

Customer Service 182

Customer Service Small Business Cash Management Communication 182

Perfect Daily Grind

AUGUST 7, 2022

Many of these co-ops are well-managed and add value to coffee in a number of ways, including through quality control, packaging, and even domestic sales in some cases. Mr. Gathura is a retired wet mill manager from Kenya. He explains why well-managed co-operatives are essential to the success of the country’s coffee industry.

Operations 175

Operations Audits Agriculture Cash Management 175

Perfect Daily Grind

JULY 31, 2022

Without access to finance, many coffee farmers struggle to invest in their farms – their businesses – and few can manage their farms enough to make them profitable. Rachel Nakasiita is Farmer Service Unit (FSU) Manager for NKG Bloom Uganda. José Manuel Calero Moraga is FSU Manager at Becamo.

Cash Management 138

Cash Management Agriculture Food Supply Sustainability 138

Modern Restaurant Management

JULY 7, 2020

Our team is thrilled to partner with BurgerFi’s senior management to support the numerous growth initiatives underway and to drive operational excellence.” million newly issued shares of the Company and $30 million in cash. Adam Marcus, Managing Director at PSG.? ’s stock price performance.

Mobile Ordering 192

Mobile Ordering Restaurant Law Seating Customer Service 192

Hot Schedules

JANUARY 5, 2022

for the fourteenth consecutive year, many states and municipal governments are enforcing new minimum wage increases at the start of the year. To ensure you stay compliant, we’ve compiled every jurisdiction upping their minimum wage, tip credits, and/or tipped cash wage rates starting January 1, 2022. tipped cash wage.

2022 148

2022 Webinar Cash Management Tip Distribution 148

Restaurant365

JUNE 2, 2020

You can’t run a restaurant without employees, which means that processing payroll is an essential task for restaurant owners, operators, and managers. Federal laws govern everything from employment tax to how to report total tip income earned. This means that most paychecks may fluctuate slightly from pay period to pay period.

Tip Distribution 109

Tip Distribution Restaurant Law Front of House Cash Management 109

Perfect Daily Grind

DECEMBER 19, 2022

Like many other West African countries, Togo’s economy is significantly dependent on agriculture – with coffee, cotton, and cocoa being the major cash crops. However, after the formation of the Togo Office of Agricultural Products (OPAT) in 1964, the Togolese government started to oversee and manage production.

Agriculture 152

Agriculture Cash Management Training Government 152

Modern Restaurant Management

APRIL 14, 2020

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. The National Restaurant Association-managed site also provides a direct connection to the industry’s grassroots engagement platform.

Online Ordering 212

Online Ordering Back of House Customer Service Small Business 212