May, 2022

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Managing Inventory with Quality Data and Automation

Modern Restaurant Management

Accurate inventory management is crucial to running a successful business because it directly impacts a company’s bottom line and is key to maximizing profits. Having an accurate handle on inventory enables a business to become more resilient and know what they can sell and when they can sell it, helping mitigate out-of-stock scenarios. At one point, inventory management was a meticulous, lengthy and manual process for the Independent Purchasing Cooperative (IPC), an independent member-own

Inventory 218
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How to Increase Your Restaurant’s Website Traffic Using Social Media

Next Restaurants

Did you know that 60% of customers read an online review first before going to a restaurant? Additionally, 42% of U.S. customers tried out a restaurant for the first time because of its social media posts. For restaurant owners, this means that it’s essential to keep your presence on social media active and engaging. A strong social marketing game opens a pathway of opportunities for restaurant websites (including yours!

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A CHEF’S ADVICE TO 2022 CULINARY GRADUATES

Culinary Cues

A retired NFL coach would rally his team before a game with the words: “Where would you rather be than right here, right now?” This is a sentence that sums up the life’s work of these athletes, a culmination of talent, hard work, and perseverance. To get to where they were in that moment took everything they had and now was the time when they should not only relish the feeling of accomplishment, but also not let down their teammates, their coaching staff, the fans, or themselves.

2022 382
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How to Build (and Maintain) Epic Restaurant Culture

7 Shifts

The restaurant industry has long been associated with long hours, hot-headed chefs, and an intense working environment that only the most passionate could handle. But that's been slowly changing over the past few years. Even before the pandemic hit, there's been a growing feeling that the restaurant industry has to do better when it comes to employee experience.

Insurance 370
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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Why don’t more producers market their own coffee?

Perfect Daily Grind

Coffee is one of the most economically significant agricultural commodities in the world. According to data from the International Coffee Organisation (ICO), around 167.58 million 60kg bags were consumed between 2020 and 2021. We know that most of the value in the global coffee market is created after coffee leaves origin. Figures from Statista predict that the revenue generated from the global roasted coffee market will amount to about US $334.60 billion by the end of this year.

Marketing 195
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BOHA! AT THE NATIONAL RESTAURANT ASSOCIATION SHOW 2022

Transact

The BOHA! team is excited to return to the National Restaurant Association Show, beginning on May 21 st , 2022. We can’t wait to show you how our technology creates a better back-of-house. Located at McCormick Place in Chicago, IL, this show is the largest foodservice show in the western hemisphere. Each year, NRA showcases industry-leading products, innovations, and solutions for some of the most difficult problems currently facing the nation’s kitchens.

2022 148

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How to Improve Restaurant Purchasing for Higher Profit Margins

Sculpture Hospitality

It’s rare for restaurateurs to get to the next ordering day with no leftovers, no spoilage, and no last-minute menu changes. Even the best restaurant managers struggle with food purchasing and forecasting.

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THE LINE IN THE SAND WITH RESTAURANT PRICING

Culinary Cues

I get it, profit in restaurants is sometimes hard to come by. We deal with highly perishable goods, unpredictable customer behavior, swinging door staffing, and constantly escalating cost of goods. Restaurants get hit from all angles so when there is a chance to push the envelope on pricing – many do. It’s so hard to make money on that 10 oz. Prime Filet or 14 oz.

Pricing 361
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[Guide] Conquer Swing Shift Scheduling for Restaurants

7 Shifts

The 9 to 5 workday is common in many industries—but not in restaurants. The hospitality industry calls for early mornings and late nights, which means a normal scheduling approach doesn't exactly fit in a restaurant. If your restaurant is open 24/7 or needs workers outside its normal hours of service, your business might benefit from a swing shift schedule , which ensures you have the right amount of coverage at the right times.

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How has technology changed in the coffee industry over the last few years?

Perfect Daily Grind

The third wave of coffee is synonymous with a focus on the craft of producing, roasting, and brewing great coffee. Generally speaking, third wave coffee consumers are increasingly focused on the technical skills of farmers, roasters, and baristas. However, as the appreciation of the craft of coffee has grown, technology has also come to play a more important role.

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Reduce Bias in Hiring: Structured Interview Questions for Employers

Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!

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CrunchTime’s New Talent Development Solution | CrunchTime!

Crunchtime

We're excited to announce the new names for DiscoverLink products, following the acquisition of DiscoverLink by CrunchTime!

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Emerging Trends in Restaurant Benefits

Modern Restaurant Management

For restaurants, the health care expenditure will increase, and it’s not just the cost of health care. With winter behind us and summer approaching, it is time to begin planning for the 2023 benefits plan year. ‘Tis the season for plan review, benchmarking and forecasting. The key to success in this process is viewing the trends and national data through the prism of a restaurant operator.

Insurance 212
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How to Improve Restaurant Purchasing for Higher Profit Margins

Sculpture Hospitality

It’s rare for restaurateurs to get to the next ordering day with no leftovers, no spoilage, and no last-minute menu changes. Even the best restaurant managers struggle with food purchasing and forecasting.

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THE MOMENT WHEN YOU ARE IN THE ZONE – PART I

Culinary Cues

As a cook or chef there are many days that go well and a few that challenge the best. There are times when a service kind of clicks and the night ends without any problems – these are nights that allow you to feel good about what you do and the level of skill that you have built. But then, on occasion, there are those nights when you and your teammates are in a special place, a place that is hard to describe unless you have been there – you are in the zone.

Café 354
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Food & Beverage Industry Report 2024

Driven by a diverse and exciting ecosystem of passionate, ambitious, and often young entrepreneurs, the Food & Beverage (F&B) sector is a highly competitive environment full of immense challenges and exciting opportunities. Expert Market’s 2024 industry report, sponsored by Toast, is informed by a survey of 522 U.S. food and beverage professionals, from restaurant owners to food service managers, providing insights into the real-time challenges and opportunities within the industry.

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How to Be Food Famous

EATER

Champagne wishes, caviar dreams, and a really good ring light The paths to becoming food famous used to be fairly limited: First, you needed to cook really well, or at least know what good cooking was and have a particularly fine way with words. You could get there by creating an amazing cookbook , or writing a New Yorker essay that would inspire a memoir , which in turn would spawn a genre-defining travel series.

Food 131
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Are coffee & sports partnerships becoming more popular?

Perfect Daily Grind

The benefits of drinking coffee before exercise have been well-documented over the years by many healthcare professionals. But what about the wider relationship between sports and coffee? Around the world, sports teams have partner with a range of brands seeking promotion. It’s believed that the global sports sponsorship industry alone will be worth US $89.60 billion by 2027.

Sports 196
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Little Known Beer Facts: Gose

Bottleneck Management

We hope to be able to teach you something new about your favorite pours and encourage you to try new ones with this series exploring different beer styles. Cheers! Style Spotlight . Gose (pronounced GOH-zeh) . Overall Taste: A tart, lightly bittered wheat beer with noticeable but restrained salt and coriander character. Goses are refreshing, with a dry finish, high carbonation, and bright flavors. .

Brewery 147
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How ‘Phygital’ Marketing Improves Customer Engagement for Restaurants

Modern Restaurant Management

One of the most impactful ways to target your audience is through location-based marketing. Nine out of 10 people who own a smartphone use it for information regarding their location, which allows vendors to access relevant and timely data in a nonintrusive way. Customer engagement is guaranteed to increase as customers interact with your restaurant through a dedicated mobile app or QR code system.

Marketing 212
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Why Every Small Business Needs an HCM Solution: A Comprehensive Guide

Managing HR tasks like payroll, compliance, and employee data can overwhelm small businesses. That’s where a Human Capital Management (HCM) solution comes in. Our eBook, Why Every Small Business Needs an HCM Solution: A Comprehensive Guide , shows how an HCM system automates tedious processes, ensuring your business stays compliant and efficient. You’ll learn how to simplify payroll, eliminate costly errors, and empower your employees with self-service tools.

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7 Ways to Reduce Food Costs in Your Restaurant

Sculpture Hospitality

Managing food costs is critical to running a successful restaurant. But while there are many ways to manage spending, there’s little you can do if you don’t accurately know what your food costs are. That’s why the first thing you should do, before implementing any cost savings strategies, is determine how much your restaurant is spending on food.

Food 110
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THE THRILL OF OPENING YOUR OWN RESTAURANT

Culinary Cues

Well, there is little that can be said to those who have caught the restaurant fever – you know, when that opportunity finally knocks, and you have your sights on a café with your name on it. The feeling is hard to describe – a cross between elation and shear panic. Your blood pressure is way up, you occasionally break out in cold sweats, and when you look in a mirror you see a mix of the weight of the world and a perpetual smile.

Café 393
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For Restaurant Owners, Instagram Hacks Create Major Headaches

EATER

Isabela Humphrey. Businesses are more reliant on Instagram than ever — which means more pain when they get locked out One day in March, the pastry chef Bronwen Wyatt was posting a picture of one of her signature squiggle-decorated cakes on Instagram when she was suddenly logged out of her account. When she tried to log back in, an error message appeared, so she clicked a button to request support.

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Exploring the language of specialty coffee

Perfect Daily Grind

When you’re buying beans or visiting specialty coffee shops, you might come across terms like third wave, single origin, micro lot, or artisan. For those who are new to the specialty coffee sector, this language can be confusing. As such, for coffee professionals looking to make the specialty coffee industry more accessible , there’s a simple first step: breaking down and defining this terminology.

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Maximize Restaurant Profitability: 5 Key Strategies to Control Costs Effectively

Running a profitable restaurant requires more than great food and service. Our guide breaks down five actionable strategies to help you control costs and maximize profitability. Learn how to track and reduce food waste, optimize labor costs with smart scheduling, make data-driven decisions with regular P&L reviews, and manage fixed and variable costs efficiently.

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How Much Does a Self-Order Kiosk Cost? Pricing & Considerations

Lavu

If you run a fast casual or quick service restaurant, you have the option of improving the customer experience by using self-order kiosks. Self-ordering kiosks … How Much Does a Self-Order Kiosk Cost? Pricing & Considerations Read More ». The post How Much Does a Self-Order Kiosk Cost? Pricing & Considerations appeared first on iPad Point of Sale System for Restaurants, Bars & More.

Pricing 113
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Three Ways to Make Your Employees Feel Valued 

Modern Restaurant Management

The COVID-19 pandemic didn’t only change how we work – it changed what we want in a work environment. Millions of employees are quitting their jobs in search of deeper job satisfaction, better work-life balance, and exceptional company culture. This “Great Resignation” has been especially tough on the restaurant world. In fact, studies show that the “quit rate” among hospitality workers is more than double than that in other industries.

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How to Improve Restaurant Operations

FreshCheq

Did you know that most restaurants survive on a 6.2% profit margin ? As a result, you have to stay on top of your restaurant's operations. Otherwise, a little mistake or mismanagement will result in your business failing.

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THE MOMENT WHEN YOU ARE IN THE ZONE – PART II

Culinary Cues

The early crowd sputtered in – parties of two mainly, usually no appetizers – they got down to business with the less expensive entrees and a cocktail. This was “order/fire” time. Jake didn’t even spend much time at the expo station until this first group of reservations was well underway – the line could handle it quite well. As sous chef, he was focused on double checking everything before the push.

Seating 384
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Best Practices to Streamline Compensation Management: A Foundation for Growth

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.

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Restaurant Groups Are Flocking to Nashville

EATER

Eilon Paz/Bloomberg via Getty Images. The city is booming economically. Here come the restaurants from out of town. Once known nationally as the home of the Grand Ole Opry and not much else, few cities have experienced the kind of explosive growth that has boomed across Nashville over the past decade. Nashville hosts more than 16 million tourists each year, and at present, nearly 100 people are moving to Music City, U.S.A. every single day, with the influx showing no signs of slowing down any ti

Hotels 103
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Exploring the micro mill model in the coffee sector

Perfect Daily Grind

Milling is one of the most important post-harvest steps in coffee production. It involves removing the various layers of the cherry to remove the seeds. Wet milling is carried out after harvesting, while dry milling happens once the green coffee reaches the optimal moisture content for export. Around the world, producers use a number of different types of mills for these steps, which vary from washing stations and large commercial mills to micro mills.

Equipment 160
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Digital Training is Essential for Restaurant Employees

Goliath Consulting

Technological advances have been rapidly transforming in the past few years. As more companies transition to being fully remote or transitioning into hybrid workplaces, advances in AI, machine learning, and cybersecurity continue to transform the workplace. However, the problem with the rapid technological advances is that people haven’t been able to catch up to the most recent updates.

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2022 Restaurant Insurance Update

Modern Restaurant Management

The U.S. restaurant sector is gaining steam after coming out of a two-year pandemic that shuttered doors and curbed eatery revenues dramatically. According to the National Restaurant Association , the dining industry should generate $899 billion in revenues in 2022. That’s up from $640 billion in 2020. Even with robust growth, the restaurant industry faces steep challenges right now, with labor shortages, higher inflation, challenges with home food and drink deliveries, and ongoing food an

Insurance 208
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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a