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Is Your Restaurant Business Thriving?

Modern Restaurant Management

“Owners should be examining the table turns and cash receipts of the business daily and comparing them to expectations for that day of the week and time of year,” Johnston told Modern Restaurant Management (MRM) magazine. “Sales in the restaurant business or notoriously volatile,” Johnston said.

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How Is Inflation Affecting Restaurants?

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine quizzed expert Kathryn Petralia, co-founder of Kabbage, an American Express Company, for her analysis on what restaurants owners need to understand about inflation. What are best practices for restaurant owners and operators to manage costs right now?

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Why the Stop Loss Decision is Critical for Larger Self-Funded Employers

Modern Restaurant Management

Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Stop Loss Coverage Is Risk Management. Fully insured or self-insured groups must have a good understanding of their potential risk and the potential cash flow impact.

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What Restaurant Relief is Ahead?

Modern Restaurant Management

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. Instead, we pay small businesses a 1.1

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Coronavirus: Restaurants Respond

Modern Restaurant Management

Cash is dirty; and 4) we will soon launch bundled food delivery, acting as a marketplace for cloud kitchen delivery. We are taking other precautions and provide a sanitary training session for our tenants and clear communication with our tenants via our digital property management system (PMS). Cash is dirty.

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Tik Tok Marketing Proves Profitable

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked Burke to offer additional insights on how restaurants can best use Tik Tok in their marketing efforts. What makes Tik Tok an effective income generator, particularly for cash-strapped smaller restaurants?

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TGI Fridays Files Voluntary Chapter 11

Modern Restaurant Management

This kind of volatility is a strong sign that cash flow is tight and the company is having trouble making on-time payments." " Bhalla also told Modern Restaurant Management (MRM) magazine that outstanding bills have been falling into the past due category for the last 12 months. "

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