Modern Restaurant Management

APRIL 21, 2023

Restaurants and bars are often targets for robbery, burglary and theft , so much so that the FBI ranks restaurants as the eighth most common setting for violent crime and nearly half of cyber-attacks target small businesses. Invest in a drop safe and keep cash in the registers to a minimum.

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Bar Cash Management Employee Relations Tip Distribution 251

7 Shifts

NOVEMBER 18, 2022

Tip credits are just another part of tipping that make restaurant employee compensation complex. State and local laws on tip credits. More tip management resources. Labor cost is typically a restaurant's most considerable expense. Consider a Texas restaurant worker pulling a 50-hour week. Table of Contents.

Cash Management 195

Cash Management Restaurant Law Back of House Customer Service 195

7 Shifts

MAY 18, 2023

Restaurants are similar to spider webs. This is just like a restaurant, made up of its own interconnected components. Take this story from Leo Smigel, the founder of Analyzing Alpha who's been involved with several restaurant ventures: "My buddy really got himself into a pickle. You know how it is with small businesses.

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Restaurant Law Insurance Audits Cash Management 195

7 Shifts

AUGUST 23, 2023

For many in the hospitality industry, tipping is an integral part of their restaurant's culture. It influences the livelihoods of restaurant workers around the world. 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.

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Tip Distribution Cash Management Restaurant Law Insurance 195

Modern Restaurant Management

JANUARY 16, 2024

The loss of volume for the franchise, the forfeiture of jobs for the community, and the closed restaurant locations could have been avoided with a thoughtful succession plan. Despite this, restaurant owners and franchise brands routinely shy away from discussions around exit strategies or succession planning.

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2030 Franchise Franchising Employee Relations 450

EATER

DECEMBER 16, 2021

Those disparities only worsened during the pandemic, as restaurants closed and the prospect of earning a living from tips became even more precarious. With each chapter, she highlights the ways the tipped minimum wage exploits workers from a particular job category, including restaurant servers, delivery drivers, nail technicians, and more.

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Back of House Delivery Employee Relations Mobile Ordering 364

EATER

NOVEMBER 1, 2022

In 2021, I worked in a restaurant that promoted itself as the future of dining. Like much of the world, new and ever-changing technology is a fact of life for restaurant workers. As restaurant owners search for solutions, many are turning to automation and other technology designed to replace humans as a silver bullet.

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Mobile Ordering Customer Service Food Order Online Ordering 329

7 Shifts

MAY 15, 2023

Did you know that payroll/labor makes up almost one-third of a restaurant's operating costs ? Understanding the ins and outs of paying employees, observing labor laws, and complying with the tax code is critical to running a business. Restaurant payroll is a system for calculating and managing the salaries of employees in a restaurant.

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2023 Tip Distribution Audits Restaurant Law 195

EATER

JULY 7, 2023

Lille Allen/Eater After years of artificially low menu prices, service fees feel like an inevitable, annoying part of dining out now If you’re the type of diner who regularly eats at restaurants, you’ve almost assuredly noticed a “service fee” tacked on to your check at one establishment or another.

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Front of House Customer Service Back of House Restaurant Law 246

7 Shifts

SEPTEMBER 16, 2024

Selling a restaurant can be a major decision for many reasons. One of the main reasons is to cut losses due to financial challenges, with 52% of restaurant owners saying high operating and food costs are really cutting into their profits. If restaurants in your area sell at a multiple of 2.5

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2024 Document Point of Sale Cash Management 195

7 Shifts

SEPTEMBER 19, 2022

Turnover in restaurants is as high as ever. Labor shortages, health crises, and general economic trends have made it a struggle — and restaurants need help. But we're at an inflection point in the restaurant industry. It's not enough to just pay more than the restaurant next door. Restaurant Retention Data Study.

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Front of House Back of House Cash Management Customer Experience 195

Restaurant365

NOVEMBER 18, 2021

How you run and track your payroll accounting has a significant impact on restaurant operations. From hiring and onboarding to running employee payments and paying taxes, payroll touches on many different parts of a restaurant business. Tracking labor and payroll data for restaurant employees.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 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. For restaurant owners and operators, the first step in understanding your payroll is to familiarize yourself with the basic concepts, regulations, and responsibilities.

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Tip Distribution Restaurant Law Cash Management Front of House 109

Restaurant365

FEBRUARY 19, 2020

Staying competitive in the modern restaurant industry requires devoting time, energy, and resources to restaurant accounting. . Modern restaurant accounting methods depend on accurate and timely data about your business. What is Restaurant Accounting? The restaurant industry is infamous for slim margins.

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Point of Sale Cash Management Consumer Goods Inventory 120

Open for Business

MARCH 1, 2023

In a survey of restaurant workers, 76% said that they’d leave a restaurant because of low wages and 78% said the most important thing a restaurant can do to encourage them to stay is paying a “full, stable, livable” wage. What is the minimum wage for restaurant workers? Rising wages reflect this pressure.

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2023 Restaurant Law Front of House Cash Management 78

Harbor Touch

NOVEMBER 21, 2022

Additionally, each state, county, and city has different laws and regulations regarding alcohol sales. On the contrary, if the area already has restaurants and cafes, it’s an excellent opportunity to open a bar since you won’t have too much competition. Of course, planning your business venture is a huge and complex task.

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Bar License Restaurant Law POS 78

Restaurant365

JUNE 17, 2020

Your restaurant operations include many different expenses, from food and beverage to utilities. As your restaurant responds to the effects of COVID-19, you need to optimize your restaurant payroll percentage. Your restaurant payroll cost is not fixed and may fluctuate with sales. Employee insurance. Payroll taxes.

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Tip Distribution Point of Sale Employee Relations Restaurant Law 78

Lavu

JANUARY 21, 2020

Preparing good meals and serving customers is always an exciting part of running a restaurant. When it comes to numbers, however, most restaurant owners do not know what is expected of them. Opening a restaurant may have been your dream, but keeping everything intact is crucial to running a successful business.

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Point of Sale Inventory Restaurant Law Front of House 78

The Restaurant Times

JANUARY 11, 2023

When it comes to the restaurant business, there is no debating the fact that the United States has become a global hub, attracting a lot of investments and start-ups across several countries, including India. Can a Foreigner Open a Restaurant in the US? Can a Foreigner Open a Restaurant in the US? Arm’s Length Investment.

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License Restaurant Law Point of Sale Employee Relations 52

Touch Bistro

APRIL 13, 2021

You can’t run a restaurant without employees, which means processing restaurant payroll is an integral part of running a food service business. The purpose of this guide is to enable restaurateurs to navigate the logistical and legal challenges of restaurant payroll with finesse by learning: What is restaurant payroll?

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Tip Distribution Employee Relations Restaurant Law Cash Management 54

SpotOn

MARCH 25, 2024

Ask any owner what it was like opening their first restaurant, and they'll say it was one of the most challenging accomplishments of their career. Then, ask them, "How much does it cost to open a restaurant business?" How much does it cost to open a restaurant? How much does it cost to open a restaurant?

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License Insurance Point of Sale Equipment 52

The Restaurant Times

SEPTEMBER 30, 2021

After all, they let you change sites, keep menus short and focused, and create an exciting and dynamic small company on wheels since they are smaller and most importantly mobile, unlike a restaurant. Moreover, since the COVID-19 pandemic, many customers prefer to eat from food trucks rather than restaurants as they are relatively safer.

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Food Truck Food License Mobile Ordering 52

Open for Business

DECEMBER 12, 2023

Most restaurants need funding, especially during the initial stages when they’re setting up. The purpose of this guide is to help you with all the ins and outs of funding a restaurant with top tips from those who have been there, seen it, and done it. What makes someone a good Investor?

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Back of House Restaurant Law Small Business Email Marketing 78

OpenTable

JULY 8, 2022

The business structure choose will affect the following aspects of a restaurant: The amount of taxes you will pay. The extent to which you and your partners/investors are held personally responsible for debt incurred by your restaurant (liability). If a restaurant is a corporation and it fails, everyone who. Corporations.

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Back of House Front of House Restaurant Law Fine Dining 52

Modern Restaurant Management

MARCH 16, 2020

Due to the Covid-19 outbreak effect on the restaurant industry, Modern Restaurant Management (MRM) magazine is compiling a list of resources available for restaurant owners, operators and managers. The National Restaurant Association has provided a list of best practices to ensure business continuity.

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Food Safety Kitchen Safety Small Business Employee Relations 585

7 Shifts

MAY 1, 2024

Bookkeeping is one of the most essential aspects of any restaurant business. After all, a small, honest mistake can accumulate over time and turn into bigger operational problems— 17% of restaurants even fail in their first year due to mismanagement of finances.

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Cash Management Inventory Employee Relations Beverage 221

7 Shifts

JULY 1, 2024

However, note that bar profit margins vary due to various factors like tax rates, licensing laws, customer demographics, and the cost of living in your area. Zoning and health regulations: Get acquainted with your location's zoning laws to know what to do, what permits to get, and what laws to follow.

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Bar License Food Supply Restaurant Law 221

EATER

JULY 8, 2024

Getty Images Do restaurants fall under the FTC’s proposed rule to ban hidden mandatory fees? California recently said no, but restaurants across the country are bracing for more confusion. Restaurant service fees are now commonplace. Frequently used to replace tips, these fees are typically in the range of 20 percent.

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Airlines Tip Distribution Front of House Restaurant Law 312

Modern Restaurant Management

JANUARY 31, 2025

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of dramatic Valentine's Day shift, best food scenes, and the evolution of c-store foodservice. As they grapple with rising costs across their supply chain, 71 percent of restaurants plan to increase prices this year.

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Marketing Loyalty Program 2025 2024 221

Modern Restaurant Management

JULY 27, 2020

YEA uncovers longer term trends, including a correlation between increased interest in restaurants, bars and nightlife, and gyms to a spike in COVID-19 cases across hotspot states. Permanent Closures Continue to Increase Across Restaurants, Retail and Other Industries.

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Franchise Franchising Mobile Ordering Kitchen Safety 443

Modern Restaurant Management

MAY 5, 2020

Eligible independent local restaurant and nightlife businesses can set up Business Highlights for free as part of Yelp’s $25 million relief effort. Upcoming Products : Businesses will be able to indicate if they’re offering curbside pickup – from bookstores, to grocery, to restaurants. Engage Acquires Boston Market.

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Guest Recovery Food Safety Loyalty Program Point of Sale 305

EATER

JULY 14, 2020

Together with the hospitality-industry union Unite Here, the veteran employee and his colleagues helped garner majority support of about 800 workers at the airport’s other HMSHost-operated restaurants, such as Chili’s and Starbucks, with an election slated for late March to determine whether the union would officially represent the staff.

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Employee Relations Food Safety Restaurant Law Cash Management 274