Sat.May 07, 2022 - Fri.May 13, 2022

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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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Speed in Restaurant Staffing Wins Top Talent

Restaurant365

Restaurant staffing is currently top of mind for every operator. It’s a candidate’s market, so competing with other restaurants goes beyond offering higher wages and providing benefits to hourly workers. Now, the speed at which you hire top restaurant talent can be the difference between landing those sought-after employees or losing them to the competition.

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Inflation is Changing the Ways Restaurants Operate

Goliath Consulting

As everything gets more expensive, consumers are panicking, and business owners are in a predicament. To cover supply chain costs, restaurant owners need to raise their prices. However, will raising these prices cause them to lose some loyal customers who cannot afford it anymore? With any shift in costs, business owners will see the effect it has on profitability.

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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.

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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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[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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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

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FROM THE CHEF’S DESK – YOU NEVER KNOW – PART ONE

Culinary Cues

When I was 15 years old the furthest thing from my mind was planning my future. This was the beginning of that age when aside from finding a way to be independent and seeking a girlfriend, there was very little planning going on. Ah, but getting a part-time job with a paycheck was a good start. I managed to land a weekend job at a local diner as a dishwasher.

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[Podcast] The state of the QSR and FSR industries with Danny Klein, Editor at Food News Media

7 Shifts

Episode Summary. As editor at Food News Media , Danny Klein has a 30,000-foot view of everything that's going on in our industry. So from curbside pickup to QR codes, to the labor shortage to loyalty, Danny has a ton of thoughts to share. It's an episode that's just packed with breakdowns, some hot takes, and knowledge bombs that you can take back to your teams.

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What Can I Do to Reduce My Restaurant Supply and Labor Costs?

Modern Restaurant Management

This edition of MRM's "Ask the Expert” features advice from Buyers Edge Platform. Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. These days, restaurants are on the search for solutions to minimize costs and provide efficiency throughout their operation.

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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.

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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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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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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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Consumers Are Trading Down. Here’s How to Prevent Trade-Out

Modern Restaurant Management

What’s the saying? You can’t get blood from a turnip? Today’s restaurant guests are certainly an example. There’s only so much wiggle room in their discretionary incomes and it’s showing up in decreasing basket size and check. Based on our most recent QSR sales and traffic data , we can tell from decreases in traffic and basket size that we’re at an inflationary tipping point.

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Career progression for specialty coffee baristas

Perfect Daily Grind

For many baristas, a passion for high-quality coffee is one of the main reasons they work in the specialty coffee industry. But alongside this enthusiasm, baristas must also develop a broad range of technical skills, as well as knowing how to provide excellent customer service, if they are to be successful. In many cases, honing these skills gives baristas the foundation they need to advance in their careers, should they have the desire to.

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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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For a Touch of Retro Whimsy, Restaurants Are Turning to the Illustrated Menu

EATER

The menu at Ticonderoga Club in Atlanta | Sasso & Co. From Danny Meyer’s skyscraper restaurant Manhatta to dive bars in Brooklyn, these hand-drawn menu designs are bringing a new level of fun and creativity to the dining experience Menu design isn’t something that typically claims a lot of space in diners’ minds, so long as the information on them is presented clearly and they’re taken away quickly to be replaced by the meals they describe.

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Podcast 16: Digital Innovation & Leadership in Hospitality Management

Ken Burgin

Michael Tinsager has a unique position in hospitality – as an industry adviser and podcaster with the Hospitality Mavericks Podcast , he has access to the experience and wisdom of hundreds of operators and experts. He is based in the UK and has a great perspective on the industry there, in Europe, North America and worldwide. Ken Burgin interviewed Michael to find out what he’s learned during the pandemic about Innovation & Leadership in Hospitality Management.

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How to Add Products to Your Restaurant’s Sales Mix

Modern Restaurant Management

The outlook is improving for many restaurants as COVID-19 restrictions loosen and guests make their way back to their favorite establishments. But the lingering effects of the pandemic continue to make this a challenging time for our industry as ongoing staffing issues and supply chain disruptions, in many cases, lead to reduced menus and shorter hours of operation.

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Exploring the nutraceutical properties of coffee

Perfect Daily Grind

Coffee has long been renowned for its health benefits. For decades, research has shown that coffee can help to reduce the risk of developing major diseases, such as type 2 diabetes and cardiovascular disease. However, alongside the health benefits of consuming coffee itself, some of the byproducts in the supply chain actually have nutraceutical properties.

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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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HOSPITALITY WORKFORCE THE KEY TO BUSINESS SUCCESS

Future Food

Applicants for hospitality jobs are at a two-year low, with the number of job ads at a two-year-high, jumping 20 per cent in February alone. Observations from a Hospitality Consultant. Hospitality Workforce the Key to Business Success. At Future Food, we often choose to write content that provides our readers with a solution to their food and hospitality problems, or an industry forecast to assist with future planning, however today’s contribution comes purely as an observation of the industry f

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142. Restaurant Technology Guys Podcast Ep. 142 – Chups

Restaurant Technology Guys

First Online Marketplace Connecting Culinary Creators With Restaurants to Launch Menus in New Markets. A conversation with Irfan Mohammed, Co-Founder of Chups. Before founding Chups, Irfan’s focus was resolving unique consumer challenges with digital innovations for brands like Tesla and Johnson & Johnson.Chups is the first to give culinary creators and independent restaurants the power to collaborate on creating and selling trending dishes to niche fan bases across various neighborhoods.

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What Restaurants Can Learn From Vegan-Related Google Searches

Modern Restaurant Management

Is the popularity of veganism slowing? According to a new report from the team at Chef’s Pencil , the answer could be yes, but there is a bright spot for restaurants. The team utilized a variety of data sets including Google search trends, Google Adwords and sales information for the research. Vegan-related searches have actuall increased over the past couple of years in the United States.

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How America’s Biggest Indoor Shrimp Farm Sells 2 Million Shrimp Each Year

EATER

LA-based company TransparentSea is trying to reinvent shrimp farming On this episode of ‘Dan Does’, host Daniel Geneen visits LA-based company TransparentSea , which aims to grow the biggest, happiest shrimp using cleaner, cheaper, and more sustainable growing conditions. Geneen watches the process first hand to see if this model works and is actually better for the environment.

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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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Staff Working Longer To Keep Hospitality Afloat

Bizimply

Our data shows Hospitality employees are working around six hours a week longer than before the pandemic. The post Staff Working Longer To Keep Hospitality Afloat appeared first on Bizimply.

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Col D’Orcia, A Name To Remember

The Wine Knitter

Gently rolling hills dominate the landscape of Tuscany, famous for its medieval towns, wine vineyards, striking cathedrals, and the birthplace of renowned artists such as Michelangelo, Botticelli, and Leonardo da Vinci. Amongst this beauty and history lies Montalcino, home to one of Italy’s most renowned wines, Brunello Di Montalcino. The village of Montalcino sits high up on a hill with vineyards sloping down into the valley.

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What Restaurants Need to Know About PPP Loan Forgiveness

Modern Restaurant Management

The Paycheck Protection Program (PPP) program offered a lifeline for many businesses at the onset of the pandemic. In this video, the National Restaurant Association’s VP of Public Policy Aaron Frazier explains why restaurants need to find out if they are eligible for PPP loan forgiveness now. To learn more about loan forgiveness from the Small Business Administration (SBA) portal, click here.

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What Are We Wearing to Restaurants Now, Brooklyn?

EATER

Why go out if you aren’t going to dress up? At buzzy Taiwanese restaurant Wenwen, it’s thrifted dad sweaters, leather pants, and lots of Balenciaga Welcome to Best Dressed , a new Eater series where restaurant diners show and tell what they’re wearing out to dinner, from the small details to the splashy pieces — and how they approached getting dressed for each spot’s specific scene.

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The HR Leader’s Survival Guide

HR leaders drowning in paperwork struggle to meet C-suite's strategic expectations. Burnout and high turnover plague the field, with 95% feeling overwhelmed. This guide explores how the right tools can free HR from admin tasks and empower them to become the strategic leaders they’re meant to be.

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4 Current Restaurant Human Resources Trends

Black Box Intelligence

It’s no secret that restaurant hiring has become increasingly difficult. In almost every town and city it seems that there’s several restaurants with signs in front advertising that they are hiring. The reasoning? The Great Resignation has made restaurant staffing incredibly difficult. Are you one of these restaurants that’s finding it hard to hire and keep employees?

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Speed of Service and Retention: The Missing Link to VOC

Rocket Fuel

This article is the first in a series of five to promote Delaget’s 2021 QSR Operational Index – an annual report that shares stats and figures from over 6,000 QSR locations for sales, costs, employees, loss, and customer experience. . With the ability to order food at the touch of a button and instant gratification seeping into the facets of our everyday life, customers’ expectations of service are higher than ever. .

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Best Practices for Cooking Oil Maintenance

Modern Restaurant Management

Cooking oil prices are skyrocketing. Here's how to make your oil last longer without serving soggy frie. As the demand for petroleum alternatives like biofuel intensifies, so does demand for the ingredients that make this fuel – most notably, the price of used cooking oil. If you are a restaurant owner or manager, you may have noticed the price of frying oil skyrocketing over the last year.

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The Truth About Mobile POS Stations in Restaurants

BNG Point of Sale

The time of the smaller point-of-sale systems is upon us! iPad systems are becoming more popular, and the popularity of mobile point-of-sale stations has continued to leave an impact on the restaurant industry. But just because it’s trending, doesn’t mean it’s the right solution for your business. So today let’s look at the pros and cons of mobile point-of-sale systems and let you know if they are the right fit for your restaurant.

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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.