Modern Restaurant Management

DECEMBER 1, 2020

And while the pressures of the pandemic continue, customer loyalty can play a role in whether or not restaurants will sink or swim. Below, we’ll explore three steps to building relationships and an effective customer loyalty program. First, consider adopting a touchless loyalty system. McKinsey & Co.

Loyalty Program 207

Loyalty Program Customer Experience Point of Sale Employee Relations 207

Modern Restaurant Management

AUGUST 16, 2023

Many food and beverage establishments have seen success with technology — such as contactless options, automation to support changing workforces and innovative customer loyalty strategies — in their endeavors to meet the demand for safer and more convenient dining experiences. Gone are the days of cash-only transactions.

Loyalty Program 167

Loyalty Program Mobile Ordering Dietary Restrictions Customer Experience 167

The Restaurant Group

JULY 25, 2024

Maximizing Your Restaurant’s Potential: A Comprehensive Guide by TRG Restaurant Consulting Managing a restaurant is hard work. In the bustling and dynamic food service industry, you always try to provide a pleasant guest experience while ensuring a positive cash flow after all expenses have been accounted for.

Hiring 78

Hiring Loyalty Program Website Management Cash Management 78

ChowNow

JULY 30, 2024

Understanding and monitoring key restaurant metrics can help your management team make informed decisions, improve your profitability, and ensure your restaurant’s long-term success. Manage COGS by negotiating better prices with suppliers, minimizing waste, and regularly updating your menu to focus on high-margin items.

Cash Management 78

Cash Management Point of Sale Inventory Loyalty Program 78

SpotOn

OCTOBER 14, 2024

That means many point-of-sale system functions can be completed from anywhere you have cell reception or WiFi, allowing operators to access reports, change menus, and monitor inventory management on the go. Marketing and loyalty tools, websites, online ordering, and delivery are all different line items that are sometimes bundled together.

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POS Loyalty Program Cash Management Website Management 52

Aaron Allen & Associates

MARCH 3, 2022

There are so many things to think about — from inventory management to restaurant payment and billing and more — it can be difficult to keep track of it all. That’s where restaurant management software comes in. In this roundup, we will take a look at some of the best restaurant management software out there.

Management 120

Management Management Mobile Ordering Point of Sale 120

Modern Restaurant Management

FEBRUARY 3, 2022

Seventy-four percent of full service restaurants (FSRs) managed to maintain or increase their sales during the pandemic; however, profit margins in 2021 declined to 10 percent, compared to 12 percent in 2019, according to third annual State of Full Service Restaurants Report released by TouchBistro.

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Loyalty Program Online Ordering Cash Management Point of Sale 194

Modern Restaurant Management

APRIL 17, 2023

Mobile Order Applications Mobile smart order apps for waiters help to speed up the service and manage the orders right at the guest’s table. A mobile order app will enable the clients to conduct restaurant management and delivery systems automatically, faster, and completely online with the help of new innovative solutions.

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Mobile Ordering Cash Management Online Ordering Front of House 207

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

Modern Restaurant Management

FEBRUARY 20, 2024

Until now, restaurants have primarily focused on customer experience when considering payments technology, but the emergence of new and developing worker payment programs can impact and improve the restaurant worker experience. In turn, more engaged employees can help deliver a better customer experience , too. Less administrative hassle.

Technology 123

Technology Cash Management Customer Experience POS 123

Lavu

SEPTEMBER 29, 2023

Some have involved staffing agencies, increased wages, offered signing bonuses, or implemented referral programs to attract new employees in the service industry. Additionally, some businesses have partnered with job training programs and schools to attract a new generation of workers to the industry.

Loyalty Program 167

Loyalty Program Front of House Mobile Ordering Customer Service 167

SpotOn

JUNE 27, 2024

Little did I know at 16 years old, when I first dreamed of owning a restaurant, that I’d spend more time worrying about paying vendors, managing cash flow, building a tech stack, or restaurant management. I was never going to take a day off unless my managers took ownership of running the restaurant on their own.

Management 52

Management Management Front of House Back of House 52

Modern Restaurant Management

NOVEMBER 21, 2022

Some implemented loyalty programs to promote recurring customers. Invoice processing, ordering, food cost management, and analysis are a time consuming, but necessary evil. This means invoices can be easily searched and prioritized by dateand prioritized by date to provide operators with a clear view of their cash flow.

Operations 197

Operations Cash Management Seasonal Menu Loyalty Program 197

Modern Restaurant Management

SEPTEMBER 14, 2022

AI is a program developed by humans to respond to a set of instructions under specific environments. AI programs factor in various variables like human response patterns, scenarios, locations, languages, and more to deliver what is expected of them. But they have tons of cash to burn on such gimmicks, right?

Front of House 211

Front of House Mobile Ordering Loyalty Program Back of House 211

7 Shifts

OCTOBER 31, 2022

The management team. Management team. Sticking with the above example of a coffee shop, you may want to talk about your restaurant advertising ideas for millennials, like using TikTok marketing to promote your menu items and an app-based loyalty program. You may want to list out: Team Management. Manager Log Books.

Point of Sale 397

Point of Sale Back of House Document Download 397

Sling

APRIL 2, 2023

We’ll answer those questions in this article and introduce you to an app that can help you manage your workforce better. Your business can build and run its IP program any way it sees fit. So, for example, you may set up a program that challenges every server in your restaurant to upsell the chef’s special during the month of April.

Cash Management 78

Cash Management Loyalty Program Casual Specials 78

ChowNow

SEPTEMBER 9, 2024

Based upon your business’s cash flow, decide how much money you’re able to set aside for marketing efforts each month, quarter or year. Investing in an automated marketing solution, like ChowNow’s automated email marketing, can help keep expenses predictable and manageable.

Marketing 78

Marketing Email Marketing Social Media Loyalty Program 78

Clover - Restaurants

SEPTEMBER 27, 2024

Cash discount is a compelling solution that’s proven to offset processing costs, drive repeat business, and keep customers satisfied. Today, Clover is excited to make it easy for merchants to offset their processing costs by offering cash discounts at checkout through the Clover Cash Discount tool. What is a cash discount?

Cash Management 52

Cash Management Café Loyalty Program Pricing 52

Modern Restaurant Management

DECEMBER 21, 2022

Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. " – John Oakes, Revenue Management Solutions CEO. Slow movers tie up inventory -and the cash needed to by that inventory. For part one, click here.

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2023 Loyalty Program Mobile Ordering Customer Experience 197

Modern Restaurant Management

APRIL 11, 2022

Facing multiple headwinds, restaurant owners and management must employ the most effective tool available: effective communication. A good starting point for addressing many issues is use of a manager’s log. And don’t forget a long-time, well-established business management tactic: the employee suggestion box.

Healthcare 203

Healthcare Cash Management Social Media Communication 203

7 Shifts

NOVEMBER 9, 2022

Now that you know what email newsletters can do for your restaurant, it's time to create a newsletter that wins hearts and sets the cash register ringing. It's also important to have multiple templates ready for different email themes such as recipes, weekend/payday offers, loyalty programs, and news updates. Loyalty programs.

Email Marketing 195

Email Marketing Loyalty Program Social Media Point of Sale 195

7 Shifts

JULY 1, 2024

Will you get a discount if you pay for all the supplies you bought in cash? Hire sufficient staff Generally, a bar needs the following key positions to keep its operations running smoothly: Bartenders Bar manager Servers Barbacks Host/Hostess Security Different bars have varying staffing needs. on their 20th visit to your bar.

Bar 221

Bar License Food Supply Restaurant Law 221

Clover - Restaurants

OCTOBER 3, 2024

Devise a business plan A well-constructed business plan can help guide you through each step of starting and managing your restaurant–and is important in securing the financing you may need to get up-and-running. READ: How to find a good location for your business 2. Simply reach out to a Clover Consultant to get cooking!

License 52

License Small Business Dietary Restrictions Loyalty Program 52

Lavu

OCTOBER 13, 2023

Efficiently manage reservations: Ensure that the booking system is organized and avoids overbooking to prevent delays in table turnover. Use technology, such as a restaurant management software, to track who chose to reserve a table, and manage waitlists effectively. This allows for better planning and faster turnover.

Seating 174

Seating Mobile Ordering Customer Service Online Ordering 174

Culinary Cues

AUGUST 28, 2020

Remember that guest chef program that you tried before – do it again with real gusto – hype it up – make it your signature. As owners, managers, and chefs – regardless of the hours that you invested in the job in the past, this is not the time to back off – this is the time to be even more present. HOSPITALITY FIRST. BE PRESENT.

Social Media 439

Social Media Communication Loyalty Program Training 439

Restaurant Engine

JUNE 22, 2022

A POS system helps you manage orders and take payment with ease. Many systems also help you manage inventory, track sales, pull reports, do payroll, and allow team members to clock in. Some even have marketing features such as loyalty rewards. Your new restaurant POS system is so much more than a cash register.

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POS Point of Sale Mobile Ordering Cash Management 111

Clover - Restaurants

JUNE 6, 2024

Most great restaurants need great restaurant managers. These employees are generally entrusted to mitigate customer complaints, create shift schedules, handle cash drawers and bank deposits, help employees navigate interpersonal conflicts, and even hire employees on behalf of ownership. The question is, how do you find a good one?

Leadership 52

Leadership Front of House Back of House Cash Management 52

BNG Point of Sale

JANUARY 19, 2021

What Are The Benefits Of a Restaurant Management System? Cash registers are still part of the equation, but today’s systems allow for greater flexibility in order taking and back-end organization and improved sales analytics. As a business, you still need a cash register, and every point-of-sale system will include one.

POS 98

POS Cash Management Mobile Ordering Loyalty Program 98

Squirrel Systems

MAY 25, 2021

From its origins as a cash register in the late 1900s – capable of simply recording sale amounts and summing up total sales for a day; the point-of-sale (POS) system has evolved into a sophisticated restaurant management system – that does much more than simply recording transactions!

POS 52

POS Loyalty Program Cash Management Point of Sale 52

Modern Restaurant Management

JUNE 19, 2020

In the post-COVID landscape, pick-up, delivery, and loyalty (offers, incentives and gamification) are going to be essential revenue streams for virtually every restaurant. Loyalty programs, for instance, have come a long way from the old punch-cards sub shops used to hand out. Since the arrival of the coronavirus in the U.S.,

Website Management 201

Website Management Loyalty Program Front of House Point of Sale 201

The Restaurant Times

NOVEMBER 6, 2020

Let’s take a closer look at how to track data with a restaurant management system and utilize this information to increase your revenue. How to Track Data with a Restaurant Management System to Increase Restaurant Profit. Keeping track of profit and loss, cash flow and cost, etc., Inventory Data. Customer data.

Management 64

Management Management Cash Management Point of Sale 64

BNG Point of Sale

OCTOBER 13, 2021

They offer a wide range of hardware and software options to aid in everything from sales to management to accounting. A POS targets pinpointed messages that match customer interests, thus aiding marketing initiatives, including gift cards and loyalty programs. Cash register/drawer. Let’s review both. POS Hardware Options.

POS 52

POS Loyalty Program Point of Sale Cash Management 52

BNG Point of Sale

SEPTEMBER 8, 2021

POS System Vs Cash Register: What’s The Difference? . A cash register, at its most basic level, is designed to record the transactions of sales that occur in a store.-for POS System Vs Cash Register . POS stands for point of sale, and it is a sale software suite that manages money, inventory, and business transactions.

POS 52

POS Cash Management Point of Sale Loyalty Program 52

The Restaurant Times

JANUARY 26, 2023

But as cloud technology developed, the basic POS system transformed into a full-fledged restaurant management system. Accessible POS Hardware Restaurateurs are abandoning traditional cash registers in favor of more mobile, flexible, and sophisticated registers.

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POS 2023 Loyalty Program Point of Sale 59

BNG Point of Sale

NOVEMBER 19, 2021

Customers, employees, and your bottom line will benefit from a technology platform that provides real-time business data, decision-making insights, customer relationship management, and improved efficiency. A digital POS system takes a traditional cash register to the next level. What is a POS System? POS is short for Point-of-Sale.

POS 52

POS Operations Loyalty Program Point of Sale 52

Black Box Intelligence

AUGUST 5, 2021

To reduce hourly employee churn , implement training programs that make them feel prepared for work, demonstrate that you’re serious about following COVID-19 guidance and offer compensation and incentives to make your business more competitive. Food service managers have an average of less than five years of industry experience.

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Recruiting 2021 Management Management 98

BNG Point of Sale

OCTOBER 15, 2021

The terms cash register and point of sale system are often interchangeably used. But there are many advantages of a point-of-sale system, over cash registers, as a company management solution. You need a point of sale (POS) system or cash register to process transactions and sales. Advantages of POS System for Retail.

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Retail POS Cash Management Point of Sale 52