Modern Restaurant Management

APRIL 27, 2020

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. Best practices for calculating cash flow. Tips for pivoting to retail. MRM Restaurant Survival Guide Updates and COVID-19 Resources for Restaurants.

Webinar 463

Webinar Loyalty Program Online Ordering Social Media 463

7 Shifts

AUGUST 23, 2023

For many in the hospitality industry, tipping is an integral part of their restaurant's culture. I'm excited to introduce Tip Payouts , an easy-to-use tip payment solution that empowers restaurant managers to send tips directly to employees' bank accounts in seconds. It's a win/win.

Tip Distribution 195

Tip Distribution Cash Management Restaurant Law Insurance 195

Modern Restaurant Management

APRIL 27, 2020

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. Best practices for calculating cash flow. Tips for pivoting to retail. MRM Restaurant Survival Guide Updates and COVID-19 Resources for Restaurants.

Mobile Ordering 494

Mobile Ordering Webinar Loyalty Program Online Ordering 494

Modern Restaurant Management

APRIL 21, 2023

Because restaurants and bars can accumulate a large amount of cash during daily operations, they are attractive targets for criminal activity. Here are five crime prevention tips and measures to deter criminal activity and reduce your business’ liabilities. Invest in a drop safe and keep cash in the registers to a minimum.

Bar 251

Bar Cash Management Employee Relations Tip Distribution 251

7 Shifts

JANUARY 9, 2024

New Jersey generally follows federal tip law standards, but the state does forge its own path in some key areas. A modern restaurant management system can help with compliance. But staying compliant starts with an understanding of New Jersey tip laws and what they mean for your restaurant.

Restaurant Law 221

Restaurant Law Cash Management Tip Distribution 2024 221

7 Shifts

DECEMBER 13, 2023

Texas tip laws are less complex than most other large states, but no less important to get right: Just ask one Texas barbecue restaurant, which the Department of Labor fined $867,000 , after they improperly withheld tips from employees and paid them out to managers instead. per hour, creating a tipped minimum wage of just $2.13

Restaurant Law 221

Restaurant Law Tip Distribution Cash Management Customer Service 221

7 Shifts

AUGUST 2, 2023

So, you've decided to implement a digital tip payout solution in your business—congratulations! Restaurants without team management tools may miss out on top talent, like those who value tech: Gen Z. For example, 7shifts' Tip Payouts is particularly helpful due to its integration with Tip Pooling and POS systems.

Tip Distribution 195

Tip Distribution Cash Management Employee Relations Audits 195

7 Shifts

OCTOBER 20, 2022

But one can't deny that tips make up a majority of restaurant workers' take-home pay. One of those ways is tip pooling, where all tips are collected into one “pool” and re-distributed back to employees. One of those ways is tip pooling, where all tips are collected into one “pool” and re-distributed back to employees.

Tip Distribution 195

Tip Distribution Restaurant Law 2023 Cash Management 195

7 Shifts

JANUARY 9, 2024

New Jersey generally follows federal tip law standards, but the state does forge its own path in some key areas. A modern restaurant management system can help with compliance. But staying compliant starts with an understanding of New Jersey tip laws and what they mean for your restaurant.

Restaurant Law 195

Restaurant Law Cash Management Tip Distribution 2024 195

Modern Restaurant Management

JULY 7, 2020

The data release also includes overall statistics regarding dollars lent per state, loan amounts, top lenders, and distribution by industry. Our team is thrilled to partner with BurgerFi’s senior management to support the numerous growth initiatives underway and to drive operational excellence.”

Mobile Ordering 481

Mobile Ordering Restaurant Law Seating Customer Service 481

7 Shifts

NOVEMBER 16, 2021

There's a lot of confusion surrounding the process, structure, and laws regarding restaurant tip outs. At the end of the day, the goal is to make sure their employees are happy, paid fairly, and following the laws when it comes to tips. What is a Tip Out? Tip Out Methods. Choosing the Right Tip Payout Method.

Tip Distribution 195

Tip Distribution FOH Front of House Restaurant Law 195

7 Shifts

AUGUST 18, 2024

But the challenges don’t stop there—once open you have to focus on improving processes, managing labor schedules, and controlling restaurant costs. Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. This is only a guideline.

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License Equipment POS Food Supply 370

7 Shifts

JANUARY 5, 2024

These New York-specific laws include mandatory service charges, tip credits, tip pooling, and the minimum wage. The basics of tip laws in New York New York agrees with federal law on the definition of a tip. Any money a customer leaves voluntarily above the ticket price (including tax) is a tip or gratuity.

Restaurant Law 195

Restaurant Law Cash Management Tip Distribution Employee Relations 195

7 Shifts

DECEMBER 13, 2023

Texas tip laws are less complex than most other large states, but no less important to get right: Just ask one Texas barbecue restaurant, which the Department of Labor fined $867,000 , after they improperly withheld tips from employees and paid them out to managers instead. per hour, creating a tipped minimum wage of just $2.13

Restaurant Law 195

Restaurant Law Tip Distribution Cash Management Customer Service 195

7 Shifts

JANUARY 5, 2024

These New York-specific laws include mandatory service charges, tip credits, tip pooling, and the minimum wage. Table of Contents The basics of tip laws in New York What is minimum wage for tipped employees in New York? Any money a customer leaves voluntarily above the ticket price (including tax) is a tip or gratuity.

Restaurant Law 195

Restaurant Law Cash Management Tip Distribution Employee Relations 195

7 Shifts

MAY 15, 2023

Restaurant payroll is a system for calculating and managing the salaries of employees in a restaurant. Employers need to track hours, calculate wages, manage shift schedules , and maintain employee records. For restaurants, payroll includes hour wages as well as tips, which must be taken into account.

2023 195

2023 Tip Distribution Audits Restaurant Law 195

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. Payroll is the process through which a business calculates and distributes wages to employees. Who qualifies as a tipped employee?

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Tip Distribution Restaurant Law Front of House Cash Management 109

Hot Schedules

JANUARY 5, 2022

To ensure you stay compliant, we’ve compiled every jurisdiction upping their minimum wage, tip credits, and/or tipped cash wage rates starting January 1, 2022. State New Minimum Wage New Tip Credit New Tipped Cash Wage. Municipality New Minimum Wage New Tip Credit New Tipped Cash Wage.

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2022 Webinar Cash Management Tip Distribution 148

Sling

JANUARY 22, 2021

If you’re wondering whether tip pooling can benefit your team and your restaurant, you’ve come to the right place. In this article, the restaurant-management experts at Sling give you the pros and cons of tip pooling so you can decide if it’s good for your business. What Is Tip Pooling? 1000 / 65 = $15.38.

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Tip Distribution Front of House Cash Management Customer Experience 78

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. Tip Handling.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

Xtra Chef

DECEMBER 16, 2020

They didn’t ask for a global pandemic , but they persevered through lost shifts, drastic cuts in tips, evolving safety protocols, and uncertainty about the future. But with large gatherings prohibited in most regions and many restaurants strapped for cash, parties are simply not an option this year. A gift card exchange.

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Certification Tip Distribution Cash Management Food Safety 130

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. It might be a little.

Small Business 109

Small Business Cash Management Uniforms Tip Distribution 109

SpotOn

MAY 20, 2024

Yet, the practice of giving tips has become a much-maligned and misunderstood aspect of the restaurant experience. While tips are intended to incentivize exceptional service, some workers see tipping policies as a barrier to a living wage for all. Most restaurant guests know to tip in full-service restaurants.

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Definition Tip Distribution Cash Management Customer Service 52

Restaurant365

JUNE 17, 2020

Your payroll is the process of calculating and distributing wages to your employees. The restaurant industry faces a lot of industry-specific regulations on payroll, with laws regulating hourly employee scheduling and tipped wage workers, as well as compliance with the Affordable Care Act regarding seasonal and variable hour employees.

Tip Distribution 78

Tip Distribution Point of Sale Employee Relations Restaurant Law 78

Sante

APRIL 13, 2020

Then prices come down a bit as the product becomes more mainstream, and as manufacturers open up distribution.” Price instability has led a growing number of restaurant owners to turn to group purchasing organizations, like those managed under the Buyers Edge Platform, to help them secure more stable, competitive pricing.

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Sustainability Innovation 2019 2018 130

Ken Burgin

FEBRUARY 15, 2022

Sometimes, vendors act like a business partner, tipping you off to new products and trends. The best way to manage this paradox is to have some supplier tips and tools up your sleeve – here are some suggestions. The primary source of tension between a hospitality business and a supplier is a difference in cash flow.

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Beverage Tip Distribution Seasonal Menu Food 68

SpotOn

APRIL 9, 2024

With operational costs rising each year, forcing businesses to change how they manage their employees and finances, we've put together a simple guide on the minimum wage for business owners and workers alike. State State minimum wage in 2024 Tipped minimum wage Texas $7.25 Yes Does Texas have tipped minimum wage laws?

2024 52

2024 Tip Distribution Restaurant Law Point of Sale 52

The Food Corridor

MAY 7, 2020

So we’ve endeavored to collect all the best information and give you some helpful tips to change up your game. Toast, which supplies POS systems and restaurant management software, has set up Toast Now , an app that helps with ordering, contactless delivery, and selling e-gift cards. . Distribution. Create an Online Store.

Delivery 98

Delivery Online Ordering Food Email Marketing 98

Touch Bistro

APRIL 13, 2021

However, restaurant payroll can also be one of the most challenging responsibilities for restaurateurs because there are several industry-specific laws related to employee scheduling and tipped wages that need to be taken into consideration. In short, it’s the act of calculating and distributing wages to restaurant employees.

Tip Distribution 54

Tip Distribution Employee Relations Restaurant Law Cash Management 54

Lavu

MARCH 11, 2020

Understanding Restaurant Management Software. Among the technology offered today is restaurant management software. . If you’re in the beginning stages of looking for a restaurant management system , you might have multiple questions or concerns. Why do you need restaurant management software?

Management 78

Management Management Cash Management Mobile Ordering 78

The Food Corridor

MAY 22, 2020

First of all, it might not be a post-Covid world, but more of a managed Covid world. We can get a clearer picture by looking at a city like Hong Kong, one of the most densely populated in the world which, despite bordering China, has managed to minimize the spread of the virus without a full lockdown. Dining Out.

Food Truck 80

Food Truck Online Ordering Kitchen Safety Catering 80

MBB Hospitality

MARCH 24, 2020

Only a multi-modal approach to your restaurant’s inventory can maximize your profits and promote strategic revenue management. Here’s a short guide on 5 tips for how to manage your inventory successfully in a restaurant setting. A Proper POS system. Promotions and discounts are simple when processed through a POS system.

Inventory 52

Inventory Cash Management POS Tip Distribution 52

The Restaurant Times

MAY 25, 2021

Management Team: This should include the list of stakeholders involved in the management of your cafe such as owner, manager, Head Chef, etc. Training must also consist of crisis and disaster management techniques. . Your financial analysis must consist of the following: (i) Cash Flow Statement. Industry Research.

Cash Management 52

Cash Management Employee Relations Email Marketing Point of Sale 52

The Restaurant Times

NOVEMBER 15, 2021

You work hard to train your bar staff, keep your customers happy, maintain positive distributor relationships, stay on top of your bar’s sales and inventory data, keep your establishment clean, bring in business, and reinforce the big picture of your bar, whether you’re a bar manager, beverage director, or general manager. .

Training 52

Training Bar Dietary Restrictions Point of Sale 52

Touch Bistro

JULY 18, 2021

In this post, you’ll learn: Why it’s important to find the best kitchen staff and keep them 3 places to source back of house staff for your restaurant 5 kitchen staffing tips to help you retain back of house staff. BONUS: If someone does cash in on the incentive, make sure the word spreads through the restaurant, too. Download Now.

Back of House 52

Back of House 2021 Front of House Cash Management 52

The Restaurant Times

MARCH 8, 2022

Open communication and cash flow planning are essential for your company’s survival. In practically every part of your operation, your restaurant management team must be decisive, move quickly, and cut to the bare essentials, but keep an eye out for fresh opportunities in this trying period. . New Operating Procedures.

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Design Guest Recovery Fine Dining Food Safety 52

Notch

JANUARY 23, 2019

Below, you'll find a series of actionable tips, tricks, and strategies you can employ today to do exactly that! And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. At the end of the shift, the manager would then inspect the contents of the food box.

Email Marketing 72

Email Marketing Merchandise Website Management Point of Sale 72