Sat.Feb 01, 2020 - Fri.Feb 07, 2020

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How to drive more bookings with photos

Open for Business

A picture is worth more than a thousand words for restaurants—a great photo can lead to more bookings. It’s no secret that images play a part in how restaurants tell their story and how diners perceive them, but there is a certain art to getting the strategy right. Having photos on as many platforms as possible (such as Instagram, Yelp, and OpenTable) is key to retaining diners’ attention and marketing your restaurant as an attractive one to book. .

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Mastering Restaurant Bookkeeping in 5 Simple Steps

Restaurant365

How to Do Bookkeeping for a Restaurant in 5 Simple Steps. Restaurant bookkeeping involves financial and accounting practices that track your business’ detailed costs and revenue. With organized financial practices and relevant, sophisticated reporting, bookkeeping can help you create a strong foundation for your business decisions. Bookkeeping involves day-to-day finances and budgets, but effective bookkeeping practices also can help you make operational decisions about food, labor, and ov

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Tips for Improving Your Website’s Google Ranking

Modern Restaurant Management

Word of mouth publicity might once have been enough to persuade diners your restaurant was the best in town, but nowadays you need to make sure your business stands out online, too. We live in an increasingly digital world, and the first thing that many diners will do if they fancy something to eat is pull out their smartphones, laptops, or tablets and search for eateries in their local area.

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Menu Pricing: How to Successfully Price a Menu

Xtra Chef

Menu pricing can seem daunting. To start, it’s a numbers game that involves calculating plate cost and a target menu price. But successful menu pricing is so much more than this. There are other factors you need to consider including your market, your clientele, your brand, demand for your concept or cuisine, your competition, and ultimately the perceived value related to your unique selling proposition (USP).

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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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Straight Up Advice: How Do You Handle Negative Reviews Online?

Buzztime Business

Negative reviews if not handled properly can bring a sour opinion of your business. Check out what bar and restaurant owners do to combat this negativity. The post Straight Up Advice: How Do You Handle Negative Reviews Online? appeared first on Buzztime.

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How to Improve Your Restaurant’s Profit Margin

Restaurant Clicks

Restaurant profit margins are typically lower than those of other types of businesses. That being said, in this industry it’s important to stay on top of your money. In this article, we’ll cover how to calculate your restaurant’s profit margins, and how to increase them by increasing sales volume and lowering your cost of operation. Calculating Restaurant Profit Margins.

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CHEFS – IS IT WORTH IT?

Culinary Cues

We have all had those moments (some of us more frequently than others) when we question what we are doing, the level of commitment required, and the price to pay. As chefs we all are aware of the time, physical stress, and emotional trauma associated with running a busy kitchen. The labor pool is a true challenge, the pressure to earn a profit is relentless, the fickle nature of guests can be frustrating, the shear number of daily decisions required of the job is mind-numbing, and the need to pu

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Entrepreneurial Hospitality: How Fourth-Generation Restaurateur Alex Canter Became a Tech Mogul

Modern Restaurant Management

Sometimes it’s easy to pinpoint where the entrepreneurial spark catches fire. For Alex Canter, it was at a spot in his family-run restaurant nicknamed “The War Zone.” The space earned that moniker because staff used it to handle delivery orders from a multitude of online platforms. For them, it had become a logistical nightmare. For Canter, it was a problem to be solved.

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Deconstructing Russia’s Coffee Market

Perfect Daily Grind

When you envision a country with a flourishing specialty coffee scene, Russia probably doesn’t come to mind. Despite being the ninth most populous country on earth, little is known about how its citizens drink coffee, or their consumption preferences and patterns. Next month’s Producer & Roaster Forum will host a panel answering this question. Organised by Perfect Daily Grind, this world leading coffee event is aimed at bringing international markets together by advising attendees on how to

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A Better BonBon

Sante

Elaine Khosrova. Unpredictable. Alive. Magical. This is how Joshua Needleman describes the temperament of fine chocolate. Unpredictable. Alive. Magical. This is how Joshua Needleman describes the temperament of fine chocolate. Even after more than a decade of working with the dark stuff, chocolatier Needleman is still visibly smitten by its charms. “What other food crystallizes right before your eyes?

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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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5 ways to turn your restaurant into the perfect Valentine's Day venue

Typsy

Did you know that Valentine’s Day is one of the most celebrated days of the year for retail shops and restaurants? In fact, almost US$4 billion is spent on gifts, flowers or going out for dinners on Valentine’s Day each year. Yes, love is in the air! And it’s time for you to understand what your guests are after on this special day and up your love game.

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Why Innovative Dining Experiences Are Driven by Facility Management Technology

Modern Restaurant Management

A new normal has evolved in the restaurant industry: Digital delivery sales are expected to grow at a compound annual rate of over 22 percent through 2023 , according to L.E.K. Consulting. In response, 37 percent of restaurants are offering online ordering and 32 percent accept mobile payments. Though the delivery revenue trajectory is positive, this may also stir up panic in the industry-.

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Can we talk about cash?

Ken Burgin

With many cafes and restaurants reporting up to 80% of sales being made on card, the traditional informal cash transactions and ‘owner’s cash bonus’ have become much more difficult to manage. They’re going away – forever. We’ve relied on cash shortcuts for… The great kitchen hand with a visa problem, who is happy to work long hours for $25 ph in the hand.

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7 Creative Valentine’s Day Marketing Ideas for Your Restaurants

Bingage

Welcome Reader You are here so probably you’re willing to dig into ideas, which can easily implement to increase your restaurant sales on this valentine’s day… So let’s begin, here will be discussing the trending ideas using by the successful restaurant owners which is simple to execute and provide the best result. Also Read: How to become a successful restaurant owner?

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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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Big Data – The Magical Words in the Hotel Industry 

Typsy

Hoteliers across the globe have begun to see the impact Big Data can have on their revenue intake. From providing an in-depth look into what your current guests are doing within your hotel to what your potential guests are looking for from your hotel, big data opens the door to exactly what your guests want and need.

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Catering for Productivity: How to Make Your Kitchen Work Smarter

Modern Restaurant Management

The productivity puzzle is one that is most complex in the catering industry. Skills shortages, margin pressures, and a high turnover, ‘revolving door’ culture contributes to a difficult environment to be time-efficient within, all while making sure you’re providing optimum customer service. In catering, where long shifts are often thought of as synonymous with cooked food, a more productive environment can also contribute to a boost in staff morale, with less late finishes and

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How Restaurant CEO Priorities are Evolving in 2020

Aaron Allen & Associates

Restaurant CEO priorities are shifting in 2020, and it makes sense given how quickly the consumer and competitive landscape are shifting as well as the introduction of new forces impacting the industry. Here, we round up ten factors influencing how leaders are evolving their views and approach. 1. Activist Investors Hungry for Weak Prey Like a crocodile preparing to go after an antelope in the wild, activist investors are looking at the restaurant space with the hunger in their eyes.

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How Convenience Store Food Is Fixing Its Reputation

Transact

Convenience store food has a reputation problem. Or should I say, had a reputation problem. . Convenience store food used to be a punch line — a food that no one in their right mind would eat unless they were either desperate, out of options, or trying to be funny. . No longer! Convenience stores all over the country are now reinventing themselves as honest-to-goodness dining destinations for consumers–and they’re succeeding. .

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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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How to Create Buzz for Your Restaurant in 5 Easy and Affordable Ways

Next Restaurants

By Maham Khan, Contributor. Eating out at restaurants has gained increasing popularity in the past few years – 45% of diners were going out to eat multiple times a week in 2019! That’s good news for the restaurant industry. As a result, the choices for eating out are growing, from Five Star establishments to coffee shops to food trucks to pop-up eateries, and we flock to them all depending on the need of the moment.

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Are You a Favorite or a Frequent?

Modern Restaurant Management

Casual dining establishments must choose an identity to keep traffic flowing. Pressures from minimum wages, ever-increasing price competition, traffic declines, new and evolving consumer behavior have created immense challenges for the restaurant industry, most pointedly in casual and dining quick service segments. What used to be prime location – near a mall or major shopping center — has become for some restaurants a death knell, and the popularity of delivery services has created

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How to take charge of your restaurant’s reputation

Open for Business

Diners today have no shortage of opinions—and no shortage of places to share them. With a multitude of online destinations that house feedback, from Google to social media, those opinions have influence. In fact, 97% of customers read online reviews before coming into any business, with almost half of those interviewed only trusting businesses with four stars or better, according to a 2019 survey by BrightLocal.

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7 Ways to Keep Liquor Costs Low at Your Bar

Lavu

As a bar manager or owner, keeping track of liquor costs is a primary responsibility. Using these tips listed below, you can keep costs at an affordable low amount and set a strong foundation for growing your business. . Set Up a Lean Bar . Our first tip to keeping liquor costs low at your bar is to set up a lean operation. This would mean reducing your inventory to its most essential quantities.

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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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Improving HR Functionality

Hot Schedules

Blog. Improving HR Functionality. Learn how outsourcing your HR can increase employee engagement while decreasing liabilities and fees. T here’s one thing we know for sure: across the board, labor is one of the biggest expenses for restaurants and hospitality businesses. But some things seem less certain: did everyone get paid the right amount at the right time for the right hours worked this week?

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How To Calculate Restaurant Food Costs (Infographic)

Modern Restaurant Management

We all know it- the restaurant industry is tough. In fact, most restaurants never reach profitability. This may be due to the fact that 52 percent of restaurant owners say that food cost control is one of the most difficult parts of running a restaurant. It’s easy to see why this is the case. Food costs are always changing, and the price of produce fluctuates with seasonal changes.

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8 Things Servers Should Never Say (And What to Say Instead)

Buzztime Business

Every restaurant server has an off day and make mistakes but even on those off days, it is important to have some general rules of what and what not to say! The post 8 Things Servers Should Never Say (And What to Say Instead) appeared first on Buzztime.

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Should Restaurants be Doing Email Drip Campaigns?

Lavu

Email newsletters are a great way to share your restaurant’s latest announcements, and when used in conjunction with other marketing channels, they are a highly effective way to retain restaurant customers and increase sales. . Drip campaigns (also called automated email campaign, autoresponders, and marketing automation) work like this: they are a set of marketing emails that are automatically sent out according to schedule.

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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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Supplier Relationship Management: 5 Pro Tips To Improve Supplier Relationships

Sling

With the global scale of the economy and the unlimited reach of the internet, you may think that supplier relationship management would be easier than ever. But finding the best fit can be challenging and can mean the difference between staying in the black and falling into the red. In this article, the experts at Sling provide tips for improving your supplier relationship management and give your business every chance for success.

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Barstool Research: Barcardi’s 2020 Cocktail Trends (Infographic)

Modern Restaurant Management

What cocktail trends are hot for 2020? Think mindful drinking, culinary methods and sustainability. The Bacardi 2020 Cocktail Trends Report highlights trends based on insights captured from a survey Bacardi ran with bartenders and bar ambassadors in 2019, as well as third-party research from consumer insights firms. Among the key findings are: Mindful drinking goes mainstream, with 83 percent of bartenders citing that low-alcohol drinks are hot and an increase of 42 percent in the online searche

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Meet the Villains Part Three: The Schedule Shifter

Hot Schedules

Blog. Meet the Villains Part Three: The Schedule Shifter. When you’re sure your schedule is set, only to find it’s a mess – who is to blame? T here are many foes in the hospitality industry. They take the form of wasted time, effort and cash, and cause havoc and frustration for your employees and guests alike. The bette r you know them, the better prepared you and your team will be.

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11 Best Restaurant Review Sites of 2020

Restaurant Clicks

Your restaurant’s online reviews can make or break your business. Studies have shown that 82% of consumers read online reviews for local businesses before visiting, so it’s vital that your business is present on review websites and has great ratings. . Certain review sites like Google and Yelp tend to get more traffic than other, less popular restaurant review websites.

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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.