Modern Restaurant Management

OCTOBER 24, 2022

Recent economic data forecasts a stormy season ahead for restaurant owners. Inflation in the U.S. is holding around eight percent, which is causing the cost of eating out to rise alongside price increases for everyday items such as gas and groceries. As business owners know well, when inflation rises consumers often cut discretionary spending. For restaurants, this presents a challenge: How can you keep attracting customers to your restaurant when consumer purse strings tighten?

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Loyalty Program Consumer Goods Customer Experience 2022 156

Lavu

OCTOBER 22, 2022

No matter what the size of your business, one truth remains: cash flow is king. It’s the lifeblood of your business. Yet, while most small … 10 Cash Flow Management Best Practices for Restaurants Read More ». The post 10 Cash Flow Management Best Practices for Restaurants appeared first on iPad Point of Sale System for Restaurants, Bars & More.

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Cash Management Management Management Point of Sale 60

Culinary Cues

OCTOBER 24, 2022

More than anything else, when I was in restaurant kitchens I looked forward to planning and testing the next set of menu changes. A stale menu is not cost effective, ignorant of quality issues with ingredients, uninspiring for employees, and just plain boring. It is a menu change that tests a chef’s ability to understand the seasonality of harvest, the connection that menu items have with the concept of the restaurant, executive cost-effective items, push the kitchen crew to enhance their skills

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Seasonal Menu Front of House Presentation Menu 315

Perfect Daily Grind

OCTOBER 23, 2022

Acquisitions are commonplace in all kinds of industries around the world, and the coffee sector is no exception. In recent years, we’ve seen a growing trend of multinational coffee brands acquiring specialty coffee shop chains and roasters. Many are wondering if this market consolidation is the beginning of a wider change for the industry, and if specialty coffee may soon become dominated by a few holding companies, rather than being spread between a much broader range of brands.

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2017 Article Small Business 2012 104

Speaker: Amanda Adams, Fractional CFO, CPA

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2025

7 Shifts

OCTOBER 26, 2022

When you dine out at a restaurant, you tip your server. It's the expectation and an essential part of how restaurant workers earn a living. A guest's tip subsidizes wages for most of America's restaurant workers. It's a reality that only exists in North America—the United States and Canada. In most other parts of the world, tips are not expected—and in some cases, it's considered rude to tip.

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Restaurant Technology Guys

OCTOBER 25, 2022

Most businesses are rapidly merging with information technology. As an industry, the food service business has been one of the most reluctant to follow the rising trend of digitization. That's why food service industry digitization is more important than ever before. The post Accelerating Food Service Industry Digitization appeared first on Restaurant Technology Guys.

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Food Technology Information Blog 111

Apicbase

OCTOBER 28, 2022

If CoGs and overheads rise due to inflation, your menu prices should follow. It’s as simple as that. Otherwise, your margins shrink, and your working capital disappears. Or worse, you’ll make a loss. But before adding a flat 5% to each menu item, use these tactics. They will help you reduce your costs structurally. That way, you can keep price increases minimal.

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Sculpture Hospitality

OCTOBER 27, 2022

So, you have decided to improve your restaurant inventory management strategy. That’s great! Inventory management can help provide better insights, reduce waste, save time and improve your bottom line.

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Inventory Management Management Waste 110

EATER

OCTOBER 24, 2022

Photo by Neil Mockford/GC Images. They are not, in fact, just like us! Over the last week or so, there’s been an onslaught of intensely juicy stories centered around celebrities behaving badly at restaurants. In case you’ve been living under a rock, New York City restaurateur Keith McNally went viral after banning — and then unbanning — The Late Late Show host James Corden from his restaurant Balthazar for allegedly acting like an a **e.

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Consumer Goods Coaching Customer Service Customer Experience 107

Modern Restaurant Management

OCTOBER 27, 2022

The last couple of years have proven that digital experiences will continue to play a central role for quick-service restaurant (QSR) operators. Luckily, QSRs have no shortage of technologies at their disposal to help them achieve the sort of customer personalization that drives profits. But whether it’s mobile apps, kiosks, tablet-wielding employees, or AI and ML tools, they all rely on QSRs having a sound network infrastructure in place.

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Mobile Ordering Online Ordering Front of House Customer Experience 197

Advertiser: Paycor

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!

Hiring

7 Shifts

OCTOBER 24, 2022

The little scamp that’s full of change! Follow the comic adventures of Tippy the sentient tip jar as they get into mischief and misadventures all to do with tipping. Scripted by Daniel Dalman. Illustrated by Kate Miller ( @kateandtheworld ). Tippy finds out there's no such thing as a free rescue. Tippy tries on a new shirt. Tippy has a stint as a thespian.

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Operations 195

Transact

OCTOBER 25, 2022

Originally posted on qsrmagazine.com. Taco Mac, a 27-unit sports bar based in Atlanta, has designs to grow within Georgia, and into other states. Jason Everett, vice president of operations, reports that Taco Mac is on track to open five restaurants per year for the foreseeable future. That would double the brand’s footprint within the next five years.

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Sports Bar Back of House Food 147

Perfect Daily Grind

OCTOBER 26, 2022

For many roasters, designing a roasting space is one of the first steps to consider when getting started. There are a number of factors to account for when designing a roastery – including storage space for green and roasted coffee, the size of the roaster, ventilation systems, and so on. By taking these factors into account, roasters can design an efficient workspace that will improve their workflow and help them to remain profitable.

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Design Customer Experience Article Workshop 141

Modern Restaurant Management

OCTOBER 28, 2022

The modern restaurant and foodservice industry are facing the most challenging restaurant landscape in decades. After surviving the worst of the COVID-19 pandemic, restaurant operators are now facing record high food costs, ongoing labor shortages, inconsistencies in the supply chain, and quickly changing guest preferences. Additionally, many restaurateurs added or improved their off prem capabilities to stay afloat during the pandemic, but they are now seeing other gaps in their tech stack that

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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.

Beverage

Black Box Intelligence

OCTOBER 27, 2022

All growth numbers are year over year unless specified. Best and worst performing region, segment and cuisine is based on same-store sales growth. Sales growth held strong for the restaurant industry this September – continuing a two-month streak of positive gains after unseasonably low sales growth results in June and July. September same-store sales growth was +5.2%, just a minor dip from the +5.3% reported in August.

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2022 Point of Sale Fast Casual Fine Dining 98

Restaurant Engine

OCTOBER 26, 2022

TikTok is a great place for people who like to make food videos. As a restaurant owner or manager, you know how important social media is to your overall marketing strategy. With the ever-growing presence of TikTok, this is one platform you want to start paying attention to if you aren’t already. In this article, we look at food trends to follow on TikTok.

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Food Website Management Seasonal Menu Social Media 105

Perfect Daily Grind

OCTOBER 24, 2022

Sierra Leone, a West African country which borders the Atlantic Ocean, Liberia , and Guinea, is mostly known for its cocoa production, rather than growing coffee. Between the 1960s and 1980s, Sierra Leone produced around 20,000 tonnes of coffee per year. However, following a civil war in 1991, most coffee farms were abandoned, and subsequently, production volumes sharply declined.

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Modern Restaurant Management

OCTOBER 24, 2022

Restaurants and customers are feeling the effects of inflation, according to the third quarter 2022 data for the Yelp Economic Average (YEA) report, The report reveals that inflation experiences have intensified for consumers in every state in the U.S. year over year, with reviews mentioning inflation up by 22 percent compared to Q3 2021. Yelp found that food businesses are seeing one of the largest increases of inflationary experiences compared to Q3 2021, followed by restaurants.

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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.

Small Business

Black Box Intelligence

OCTOBER 27, 2022

Hospitality leaders have been put through the wringer the past few years, especially when it comes to restaurant finances. However, all of those trials and tribulations led to one collective takeaway for everyone in the restaurant industry: It’s not just about increasing profits, it’s about prioritizing people. What we’ve discovered in the data (whether or not you’ve experienced the same level of economic hardship as your peers): without good people , profitability is unsustainable.

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2023 Point of Sale 2022 Consumer Goods 97

EATER

OCTOBER 28, 2022

Côte de porc at St. Lawrence in Vancouver, which just earned one star in the new Vancouver Michelin Guide. | St. Lawrence/Official. And it’s. short Vancouver’s old(er) guard of fine dining restaurants were left by the roadside last night at a Michelin Guide ceremony where only eight one-star awards and 23 Bib Gourmands (the guide’s ‘great food at a great price’ category) were handed out.

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Fine Dining Casual Back of House Social Media 103

Perfect Daily Grind

OCTOBER 25, 2022

According to the International Coffee Organisation, Kenya produced 775,000 60kg bags of coffee in 2020 – making it Africa’s fifth-largest coffee growing country that year. However, production volumes have been steadily declining in recent years for a number of reasons. Many popular coffee varieties in Kenya include SL-28 and SL-34, which were first introduced to the country’s farmers more than 90 years ago.

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Supplies Article Sourcing Consumer Goods 148

Modern Restaurant Management

OCTOBER 26, 2022

While using credit cards is a convenience for consumers, this form of payment represents a major cost center for restaurants. In fact, credit card processing fees rank as the third highest cost of doing business behind the cost of food and labor. As restaurants work to recover from the impact of the pandemic, interchange fees or “swipe” fees continue to curb their ability to grow and thrive.

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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.

Food

Open for Business

OCTOBER 26, 2022

Restaurants are only as successful as their relationships with guests. That’s why more restaurant owners are turning to restaurant CRM (customer relationship management) software to deliver better dining experiences. If you’re considering adding restaurant CRM software to your toolkit, you’re in very good company. Many of the biggest names in hospitality now depend on it to delight guests and keep them coming back.

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Email Marketing Online Ordering Customer Service Customer Experience 78

Sling

OCTOBER 26, 2022

If your restaurant offers bring-your-own-beer (BYOB) or bring-your-own-wine (BYOW) service, you may want to charge a corkage fee. What does that entail? Why would you do it in the first place, and what would you charge? In this article, we’ll answer those questions to help you decide whether a corkage fee is right for your business. Table of contents.

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Restaurant Law Back of House Beverage Bar 78

Lavu

OCTOBER 24, 2022

When customers come to your restaurant, you want to provide speedy, seamless service that creates a smooth experience for both your guests and your staff. You can do that by offering frictionless payments. A survey by PYMNTS found, “97% of top performing restaurants offer digital wallet payment capabilities, while only 53% of bottom performers do the same.

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Mobile Ordering POS Customer Service Online Ordering 78

Modern Restaurant Management

OCTOBER 26, 2022

"The Menu" hits the screens next month and chefs are already dishing about the black comedy focused on fine-dining. Here are what some shared with us. Chef Jason Herandez – Corporate Director of Food & Beverage at Encore Resort at Reunion (Orlando, FL). "After watching the trailer I could say that I am very excited to see the movie.

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Fine Dining Social Media Dine-in 2000 177

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Black Box Intelligence

OCTOBER 28, 2022

If you look closely at your restaurant operations, nestled deep within your positive sales growth is a top performing team. What makes a restaurant workforce ‘top performing’? We often focus on the health of the business, and as a result, overlook the health of our team. When sales start dropping, people start to pay attention to the areas of the business suffering the most.

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A Wine Story

OCTOBER 24, 2022

Montepulciano d'Abruzzo. Montepulciano d’Abruzzo Masterclass in New York. Very exciting to attend the Simply Italian Great Wines US Tour happening in New York, Chicago, and Los Angeles. So many producers from Italy arrived to share their delicious wines, many of them familiar from other Simply Italian Great Wines from other years, and from visits.

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Open for Business

OCTOBER 28, 2022

Restaurateur Kwini Reed wears a smile around her neck. Her jeweler made the necklace for her after Reed said she wished people could see her smile while she wore a mask. The charm is an apt icon for the co-owner of Poppy & Rose and Poppy & Seed , a pair of restaurants in the Los Angeles area. Reed wields the power of positive energy to uplift both her employees and the community.

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Modern Restaurant Management

OCTOBER 28, 2022

Nearly 60 percent of restaurants in the U.S. have reduced their operating hours since 2019, according to a survey by Dataessential. The firm examined the operating hours for hundreds of thousands of locations across two time periods: October 2019 and October 2022., finding that 58.6 percent reduced their operating hours since 2019, while just 19.8 percent have increased them.

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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.

Management