ChowNow

SEPTEMBER 17, 2024

Managing accounts payable (AP) for restaurants efficiently is vital to running a successful restaurant. From keeping up with invoices to negotiating better payment terms with suppliers, these steps can ensure smoother operations, improved cash flow, and stronger relationships with your vendors. Automation can be a game changer here.

Cash Management 195

Cash Management Document Restaurant Law Online Ordering 195

7 Shifts

MAY 1, 2024

Table of Contents 5 easy steps to simplify bookkeeping in the restaurant industry Essential accounting and bookkeeping reports for restaurant owners and managers Identifying and reducing controllable costs in the restaurant business Should I outsource restaurant bookkeeping or do it myself?

Cash Management 221

Cash Management Inventory Employee Relations Beverage 221

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.

2023 493

2023 Loyalty Program Mobile Ordering Customer Experience 493

SpotOn

FEBRUARY 26, 2025

Joe Nicholson was a manager and tech consultant at one of the busiest restaurants in Sacramento, CA—Tower Cafe. Now, as a copywriter at SpotOn, he helps restaurant owners and managers learn how to run a more profitable operation. Those sales line items should match the ones in your POS reporting. Prime costs.

Point of Sale 88

Point of Sale License Insurance POS 88

Lavu

NOVEMBER 30, 2024

Proper cost tracking helps you set profitable menu prices, cut expenses, and manage inventory efficiently. How to track costs : Use tools like POS systems to record prices, calculate recipe costs, and update data regularly. Integrating your POS and accounting systems can also help. Start tracking ingredient costs.

Seasonal Menu 78

Seasonal Menu Waste Inventory Cash Management 78

7 Shifts

NOVEMBER 12, 2020

In order for new hires to perform well and stay happy in their roles, hiring managers need to pay more attention to the restaurant onboarding process. Admin: Filling out employment paperwork and receiving access to tools like the employee timekeeping portal, employee email, POS, and security system. Be thorough in your communication.

FOH 307

FOH Food Safety BOH Customer Service 307

Modern Restaurant Management

MAY 27, 2020

PathSpot, creator of a real-time hand hygiene management system that protects against the threat and spread of illness with a hand scanner that tracks handwashing frequency and effectiveness, announced the closing of $6.5 ParTech recently released Brink POS v5.0c PathSpot Secures Funding. TableSafe Integrates with Oracle.

Food Safety 441

Food Safety Kitchen Safety Mobile Ordering Guest Recovery 441

7 Shifts

OCTOBER 31, 2022

You'll have a document to reference during the planning or opening of your restaurant. The management team. Management team. Tell investors what technology you plan on using to run your business—and not just the POS (point of sale). You may want to list out: Team Management. Inventory management systems.

Point of Sale 397

Point of Sale Back of House Document Download 397

7 Shifts

APRIL 30, 2021

Food, alcohol, and cash are common victims of theft—but business owners have to look beyond physical goods. By understanding the ways it can occur, business owners or managers have a much higher chance of identifying it before it racks up a hefty bill. Give your managers top-level visibility. How to spot it: Types of time theft.

Restaurant Law 370

Restaurant Law White Paper Cash Management Small Business 370

7 Shifts

SEPTEMBER 28, 2020

Keep reading to learn: Server side work your FOH team should be doing Best practices for executing these side duties of a server How to build server side work into shifts 4 Server Side Work Duties to Add Alongside Primary Server Duties The most important server side work duties are cleaning, restocking, organizing, and managing safety.

FOH 195

FOH Management Management Cash Management 195

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. How the right POS system overcomes restaurant challenges. As far as restaurant challenges go, inventory mistakes can be some of the costliest.

Mobile Ordering 148

Mobile Ordering Point of Sale Online Ordering Cash Management 148

Modern Restaurant Management

DECEMBER 27, 2019

Please refer to the full list below or the GCA’s official website. “We’re thrilled that Appetize and Restaurant365, two leaders in cloud-based restaurant solutions, have partnered to deliver a single streamlined POS, accounting, and operations platform for restaurants to maximize revenues.”

Mobile Ordering 309

Mobile Ordering Customer Service Point of Sale Customer Experience 309

7 Shifts

MAY 23, 2024

Managing a restaurant is not for the faint-hearted. You can easily retrieve this data from your POS system. A restaurant budget allows restaurant owners and managers to see directly if they are meeting their income and expense benchmarks. In this industry, one of the worst-case scenarios is running out of money.

Point of Sale 221

Point of Sale Seasonal Menu Food Supply Cash Management 221

7 Shifts

SEPTEMBER 6, 2024

COGS can be expressed as a percentage of your sales, often referred to as the COGS ratio. Labor While COGS typically refers to the cost of food, beverage costs, and other ingredients, labor also plays a crucial role in determining the overall cost of preparing and serving meals. For instance, if your restaurant spends $0.50

2024 195

2024 Seasonal Menu Inventory Audits 195

Open for Business

NOVEMBER 21, 2022

If you’re a relative newbie to the restaurant industry or a die hard traditionalist, you may be wondering what a POS system is for a restaurant. POS stands for point of sale, and it refers to the transactional moments when a guest orders and pays for their meal. What is a POS system for a restaurant? POS terminals.

POS 78

POS Mobile Ordering Point of Sale Food Truck 78

Lavu

NOVEMBER 1, 2023

Food delivery has become a cash cow for restaurants because it’s convenient and easy for customers. It refers to the amount a restaurant incurs to deliver a single order to a customer’s doorstep. To manage and optimize the cost per delivery, restaurants often perform regular cost analysis and make necessary adjustments.

Delivery 167

Delivery Online Ordering Food Mobile Ordering 167

Bingage

APRIL 16, 2024

Easy integration with the current POS 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. Dedicated account support manager, and expert consultation. Easy integration with the POS System.

Loyalty Program 105

Loyalty Program 2024 Email Marketing Customer Experience 105

Bingage

APRIL 16, 2024

Easy integration with the current POS 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. Dedicated account support manager, and expert consultation. Easy integration with the POS System.

Loyalty Program 104

Loyalty Program 2024 Email Marketing Customer Experience 104

7 Shifts

NOVEMBER 16, 2021

On the other hand, tip pooling refers to those in the same position combining their tips and taking an equal amount from the pot. Recommended Reading: Tip Pooling Tools to Manage Tips at a Restaurant. 7shifts' tip pooling feature integrates directly with POS software to automatically collect and divide tips among eligible staff.

Tip Distribution 195

Tip Distribution FOH Front of House Restaurant Law 195

Clover - Restaurants

MAY 31, 2024

Restaurant POS systems enable credit card and digital transactions, and they’re an essential tool for most restaurants today. How much does a restaurant POS system cost? There are typically a few costs associated with installing and maintaining operations of a restaurant POS system.

POS 52

POS Cash Management Point of Sale Mobile Ordering 52

Modern Restaurant Management

AUGUST 28, 2020

in a management role at the Officers’ Club. Trabon, menu management and publishing solutions, and MenuTrinfo®, nutritional analyst and food allergen expert, have forged a strategic alliance that enables an end-to-end solution for the calculation and presentation of menu item nutrition facts and allergen declarations.

Allergens 364

Allergens Kitchen Safety Guest Recovery Customer Service 364

Harbor Touch

APRIL 17, 2018

If you purchase equipment, like a restaurant POS system , for example, it may be eligible for depreciation deductions. Seems like a no-brainer but maintaining solid files, both physical and electronic, are critical to managing your restaurant. References: Tax Tips and Deductions for Restaurant Owners by Brendon Pack.

Employee Relations 97

Employee Relations Insurance Point of Sale Cash Management 97

Touch Bistro

JUNE 17, 2021

Restaurant POS systems have undergone a lot of change in recent years, and some of the biggest changes have been to the POS hardware. Just a decade ago, most POS hardware could be described as chunky, immobile, and expensive to maintain. Get the Ultimate Guide to the Best Restaurant POS Systems. Download Now.

POS 52

POS Cash Management Mobile Ordering Front of House 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. Alongside transactions, modern POS systems run software applications to help businesses manage their employees, reach new customers, and encourage existing ones back in.

Small Business 52

Small Business POS Cash Management Point of Sale 52

The Restaurant Times

FEBRUARY 22, 2022

Investing in labour-saving technologies and providing simple and fewer menu selections, for example, has allowed them to free up cash flow and recruit more people or raise compensation. Robots, cashless POS systems, and other innovations are making their way into the mainstream restaurant and food business. Restaurant Tech.

2022 98

2022 Front of House Cash Management Online Ordering 98

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. Improve budgeting.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

Restaurant365

JULY 29, 2020

Though forecasting your restaurant’s sales is vital to determining your cash flow, if you’re not forecasting your sales by their individual revenue centers – dine in, take out, delivery, curbside, catering, etc. – Forecasting by revenue center. you won’t be able to fully understand what. your business requires to run cost effectively.

Cash Management 88

Cash Management Online Ordering Inventory Seasonal Menu 88

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. This is because they are managing the data manually, spending literally dozens of hours retrieving it from stores. What are some sound loss prevention strategies?

2025 52

2025 Mobile Ordering Employee Relations Delivery 52

BNG Point of Sale

OCTOBER 13, 2021

A Guide To Choosing the Best POS System for Your Convenience Store. Choosing from what seems like an endless list of POS options can be a daunting task, whether you’re looking to upgrade your outdated equipment or searching for a point-of-sale solution for your new c-store. Any store, new or old, needs the appropriate POS.

POS 52

POS Point of Sale Cash Management Customer Service 52

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

The Restaurant Times

AUGUST 30, 2022

One such new-age technology is the restaurant point of sale (POS) system. However, you must choose the ideal POS system with the right features to help you run your restaurant better and generate healthier ROI. What is a Restaurant POS System? How does a Restaurant POS System work? Cloud Technology.

POS 52

POS 2022 Point of Sale Mobile Ordering 52

Restaurant365

JULY 29, 2020

Though forecasting your restaurant’s sales is vital to determining your cash flow, if you’re not forecasting your sales by their individual revenue centers – dine in, take out, delivery, curbside, catering, etc. – Forecasting by revenue center. you won’t be able to fully understand what. your business requires to run cost effectively.

Cash Management 78

Cash Management Online Ordering Inventory Seasonal Menu 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

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

MARCH 3, 2023

POS integration is essential. Although the point-of-sale system (POS) remains the technological heart of restaurants, numerous technologies run behind the scenes these days. Some technologies integrate with the restaurant’s POS, allowing data to be easily shared between front-of-house (FoH) and back-of-house (BoH) systems.

Point of Sale 52

Point of Sale POS Management Management 52

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. Procurement management in a multi-unit or multi-concept environment. If you’re in the management division, this will help every new procurement officer hit the ground running.

Operations 98

Operations Inventory Point of Sale Food Order 98

Touch Bistro

APRIL 12, 2021

Loss prevention refers to your restaurant’s efforts to reduce any and all revenue losses. A customer pays in cash at the bar for a $15 2-oz cocktail, but the bartender enters the order into your POS system as a $10 1-oz cocktail and pockets the other $5, leaving no paper trail of the theft. Cash Register Skimming.

Cash Management 52

Cash Management POS Inventory Point of Sale 52