Modern Restaurant Management

AUGUST 19, 2020

Modern Restaurat Management (MRM) magazine is collaborating with the team at MarketScale on The Main Course , a podcast that aims to explore the intense and competitive modern restaurant industry. "We Barbara Castiglia , MODERATOR – Modern Restaurant Management. The Main Course. Restaurant of the Future Panel. 20 at 4 p.m.

Kitchen Safety 515

Kitchen Safety Loyalty Program Delivery Customer Service 515

7 Shifts

MAY 23, 2024

Managing a restaurant is not for the faint-hearted. This includes: Net Sales: The total revenue derived from your sale of food and beverages. Restaurant expense #1: food cost Your restaurant's food cost comprises 3 elements: the food cost percentage, the cost of ingredients, and the sales or revenue from selling your dishes.

Point of Sale 221

Point of Sale Food Supply Seasonal Menu Cash Management 221

Modern Restaurant Management

DECEMBER 27, 2019

This edition of MRM News Bites features NCR, Bloom Intelligence, The American Food Association, The Dinex Group, Performance Food Group Company, Appetize and Restaurant365, Snackpass, PAR Technology, Net Element, Sensory, GRIF, Picnic and El Pollo Loco. NCR Acquires Zynstra. NCR Corporation acquired U.K.-based

Mobile Ordering 309

Mobile Ordering Customer Service Point of Sale Customer Experience 309

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. " This refers to the monthly software licenses POS providers charge. How much does POS software cost?

POS 52

POS Loyalty Program Website Management Cash Management 52

Focus POS

DECEMBER 8, 2021

During a “normal” year, restaurant owners and operators face issues such as cash flow and capital, inventory management, hiring and training and providing excellent customer service. However, the right point of sale system can help alleviate some of these restaurant challenges so business owners can stay ahead of their competition.

Mobile Ordering 148

Mobile Ordering Point of Sale Online Ordering Cash Management 148

BNG Point of Sale

DECEMBER 6, 2021

There are many point-of-sale systems , but not all will suit your needs. You want something compatible with your type of business and has features that will help manage inventory, sales data, etc. What is a Point-of-sale System? S ometimes they are also referred to as cash registers or POS systems.

Point of Sale 52

Point of Sale POS Employee Relations Cash Management 52

Modern Restaurant Management

DECEMBER 12, 2019

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. More Tropical in Colorado.

Franchising 275

Franchising Franchise Loyalty Program Book 275

7 Shifts

OCTOBER 20, 2022

Legal and other matters referred to in this article are based on 7shifts' interpretation of laws existing at the time and should not be relied on in place of professional legal advice. It's a constant conversation in the restaurant industry. But one can't deny that tips make up a majority of restaurant workers' take-home pay.

Tip Distribution 195

Tip Distribution Restaurant Law 2023 Cash Management 195

Embrace the Suck

JUNE 13, 2022

I want to share with you some of the challenges that I faced back in the 90s when I opened my first restaurant… Up to that point I had been in the industry for 15 years. He said that he didn’t realize (at the time) that fire truck sales are more about government contracts and relationships. I had to change.

Back of House 44

Back of House Food Truck Point of Sale Take-out 44

7 Shifts

SEPTEMBER 19, 2022

But we're at an inflection point in the restaurant industry. What about managers? Track and manage employee workload. What about managers? Managers fared a bit better than hourly employees—with a turnover rate of 28%. Turnover in restaurants is as high as ever. Table of Contents. Restaurant Retention Data Study.

Front of House 195

Front of House Back of House Cash Management Customer Experience 195

Lavu

NOVEMBER 1, 2023

Food delivery has become a cash cow for restaurants because it’s convenient and easy for customers. By following these tips, restaurants can use food delivery to reach more people and make more money. Is online food delivery a profitable business? There has been a significant rise in the demand for food delivery since 2019.

Delivery 167

Delivery Online Ordering Food Customer Service 167

Xtra Chef

DECEMBER 11, 2019

Whether you are an executive chef, a seasoned restaurant finance executive, or an owner/operator who manages your own books, speaking the language of restaurant accounting will help keep all financial stakeholders on the same page. In Part 2, we’ll help you decide how best to manage accounting at your restaurant.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

Apicbase

MARCH 3, 2023

Although the point-of-sale system (POS) remains the technological heart of restaurants, numerous technologies run behind the scenes these days. These back-of-house software systems have become indispensable for modern restaurants because they enhance profitability and simplify work for restaurant managers and kitchen staff.

Point of Sale 52

Point of Sale POS Management Management 52

Lavu

JANUARY 21, 2020

Daily Sales Report/Everyday Report. One of the most important accounting reports that you should keep is the daily sales report (DSR). Every restaurant owner and manager needs to review this report on a daily basis to get a picture of how the restaurant is performing. Chart of Accounts (Weekly, Monthly, Yearly).

Cash Management 78

Cash Management Point of Sale Information Beverage 78

Harbor Touch

APRIL 17, 2018

Sales Tax Requirements. The city and state where you operate your restaurant could have different sales tax requirements, and if you own multiple locations, it is even more important to be up to date on the different requirements. It can be included in the cost of food or recorded separately. Keep Proper Records. Charitable Deductions.

Employee Relations 97

Employee Relations Insurance Point of Sale Cash Management 97

Bingage

APRIL 16, 2024

Customised Reward type: Bingage provides a Multi-rule reward system, one can choose between a Cashback reward and a point-based reward system. Bingage has a restaurant referral program: create a branded refer-n-earn program and make the customers act like brand advocates, sending them attractive rewards on each referral.

Loyalty Program 105

Loyalty Program 2024 Email Marketing Customer Experience 105

Sling

JUNE 8, 2020

When you think about it, creating a business budget is probably one of the least exciting responsibilities of being a manager or an owner. In this article, the management experts at Sling discuss budgeting 101 and give you tips on how to build a business budget for your company, regardless of size. How To Create A Business Budget.

Small Business 109

Small Business Cash Management Uniforms Tip Distribution 109

Rocket Fuel

FEBRUARY 19, 2025

But it actually refers to all the ways restaurants lose money from theft and supplier fraud to damage, spoilage, and simple operational errors. In Delagets latest annual Operational Index, we noted these rather telling points regarding the industrys rapidly evolving sales channels: Drive-thru is down 8.1%

2025 52

2025 Mobile Ordering Employee Relations Delivery 52

Bingage

APRIL 16, 2024

Customised Reward type: Bingage provides a Multi-rule reward system, one can choose between a Cashback reward and a point-based reward system. Bingage has a restaurant referral program: create a branded refer-n-earn program and make the customers act like brand advocates, sending them attractive rewards on each referral.

Loyalty Program 104

Loyalty Program 2024 Email Marketing Customer Experience 104

Lavu

JANUARY 21, 2020

Accounting refers to the collection, interpretation, classification, analysis, and reporting of financial data. This includes communication of financial statements like income statements, balance sheets, and cash flow. Better Financial Management. For a business to be successful, it needs to have solid financial management.

Cash Management 78

Cash Management Point of Sale Inventory Information 78

Apicbase

JULY 16, 2024

That’s because, next to inventory management, F&B purchasing mistakes are the number #1 reason why operators struggle to get their food costs under control. Especially when you’re running point on purchasing for a multi-outlet operation. Procurement management in a multi-unit or multi-concept environment. And they add up.

Operations 98

Operations Inventory Point of Sale Food Order 98

Harbor Touch

MARCH 19, 2025

Their stories inspire these 10 proven restaurant management tips and tricks for success. Its practical wisdom drawn from years of supporting restaurant managers, crafted to stand the test of time. Staff Management 1. Check references carefully and run quick trials. This isnt just theory from a manual.

Management 78

Management Management Seasonal Menu Cash Management 78

Harbor Touch

MARCH 19, 2025

Their stories inspire these 10 proven restaurant management tips and tricks for success. Its practical wisdom drawn from years of supporting restaurant managers, crafted to stand the test of time. Staff Management 1. Check references carefully and run quick trials. This isnt just theory from a manual.

Management 78

Management Management Seasonal Menu Cash Management 78

Lavu

MARCH 11, 2020

Understanding Restaurant Management Software. From the introduction of point of sale (POS) systems to accounting systems, technology is changing the ways restaurants operate today. Among the technology offered today is restaurant management software. . Why do you need restaurant management software?

Management 78

Management Management Cash Management Mobile Ordering 78

Xtra Chef

OCTOBER 28, 2020

Restaurant inventory management is not the most enjoyable restaurant task. Inventory management is a cost management strategy that influences your restaurant food costs , revenue, profitability, and cash flow. Of course, there’s much more to inventory management than maintaining stock levels.

Inventory 78

Inventory Management Management Cash Management 78

Clover - Restaurants

MAY 31, 2024

Like any form of technology or tool for a restaurant, there’s typically an up-front investment for installing and maintaining a point of sale system. These prices normally include hardware such as your mobile card reader or point of sale system as well as software services, including restaurant operations and staff management features.

POS 52

POS Cash Management Point of Sale Mobile Ordering 52

SpotOn

MARCH 4, 2024

While those classic cash registers did wonders back in the day, point-of-sale (POS) systems have now become the industry standard for small businesses and restaurants. To help make the best decision, we'll define the key elements of a robust POS system and the critical questions to ask when looking for a point-of-sale.

Small Business 52

Small Business POS Cash Management Point of Sale 52

Ken Burgin

JULY 9, 2022

Short points about your commitment to honesty and hard work, plus care and respect for customers and for the staff. Approachable management: someone in authority who staff can talk to if they notice things aren’t right. Approachable management: someone in authority who staff can talk to if they notice things aren’t right.

Point of Sale 60

Point of Sale Cash Management Website Management Audits 60

BNG Point of Sale

OCTOBER 13, 2021

How to Choose a Point-of-Sale System for Your Convenience Store. Nevertheless, convenience stores won’t be able to deliver the service they’re known for without a modern, robust point-of-sale business payments system. A Guide To Choosing the Best POS System for Your Convenience Store.

POS 52

POS Point of Sale Cash Management Customer Service 52

Touch Bistro

JUNE 22, 2021

It can also provide insight into how you can adjust your spending to increase restaurant sales and reduce operating costs in your restaurant. At its most basic level, your P&L reflects costs (expenses) that are subtracted from restaurant sales and the cost of goods sold. Get Free Template. Restaurant Balance Sheets.

Management 52

Management Management Cash Management Point of Sale 52

Buzztime Business

MARCH 1, 2021

NYSE American: NTN) unanimously urges NTN’s stockholders to vote FOR ALL the proposals to be voted on at the March 15, 2021 special meeting of stockholders, all of which relate to the proposed merger involving NTN and Brooklyn ImmunoTherapeutics LLC (“Brooklyn”) and the proposed sale of NTN’s assets to eGames.com Holdings LLC (“eGames.com”).

Cash Management 60

Cash Management Point of Sale Document Employee Relations 60

Bevspot

JULY 27, 2015

While the ultimate hope for all sitting inventory is that it will (at some point) convert to sales—the simple fact is that until it does, it represents critical components in your business. Each unused wine, spirit, beer, and other bar-related product represents cash sitting on your shelves—unusable cash.

Inventory 52

Inventory Cash Management Point of Sale Bar 52

Buzztime Business

FEBRUARY 3, 2021

(NYSE American: NTN), today announced that its registration statement on Form S-4 relating to the proposed merger involving NTN and Brooklyn ImmunoTherapeutics LLC (“Brooklyn”) and the proposed sale of NTN’s assets to eGames.com Holdings LLC (“eGames.com”) has been declared effective by the Securities and Exchange Commission.

Specials 60

Specials Cash Management Point of Sale Employee Relations 60

Bevspot

JULY 27, 2015

While the ultimate hope for all sitting inventory is that it will (at some point) convert to sales—the simple fact is that until it does, it represents critical components in your business. Money Each unused wine, spirit, beer, and other bar-related product represents cash sitting on your shelves—unusable cash.

Inventory 52

Inventory Cash Management Point of Sale Bar 52

The Restaurant Times

AUGUST 5, 2022

Successful restaurant accounting can help in efficient cash management, balancing financial books, optimizing costs, and overall business planning. Keeping track of your numbers and Key Performance Indicators (KPIs) will not only help you in taking timely action but also point out specific areas that need immediate improvement.

Cash Management 52

Cash Management Point of Sale Inventory Employee Relations 52

Restaurant Engine

JANUARY 26, 2022

This also refers to the last line on your restaurant’s balance sheet – where you show profit and loss and your net operating income. This also refers to the last line on your restaurant’s balance sheet – where you show profit and loss and your net operating income. What is your bottom line ? tweet this). 1: Change Your Pricing.

Cash Management 59

Cash Management Food Website Management Inventory 59

BNG Point of Sale

SEPTEMBER 2, 2021

In this post, we will explore what an ideal restaurant food margin is and how to calculate it so that you can have an easier time managing your business and know exactly where you stand financially. . A Guide to a Restaurant’s Ideal Profit Margin for Food . 30% food costs . 30% labor . 30% overhead expenses . 10% profit .

Food Truck 52

Food Truck Loyalty Program Food Point of Sale 52