Sat.Jul 31, 2021 - Fri.Aug 06, 2021

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The Top Restaurant KPIs Every Manager Should Measure

The Eat Restaurant

The restaurant industry is one of the most competitive businesses out there. According to the National Restaurant Association , the US alone has over 1 million restaurants. To succeed in an industry where competition is high, the margin is tight, and 60% of businesses don’t make it past the one-year mark, regular performance tracking is essential. The continuous assessment of a restaurant’s Key Performance Indicators (KPIs) allows owners to have a comprehensive understanding of current operation

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Restaurants Can Save Money By Reducing Food Waste — Here’s How

Wasserstrom

Consumers and businesses waste food to the detriment of themselves and the planet. In this article, we will first discuss why food waste is a problem. Next, we will provide tips, techniques, and resources to help restaurants and other commercial foodservice operations take steps towards preventing waste altogether while boosting public relations and saving money. […].

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What is B2B Marketing?

Indoor Media

We’ve previously discussed B2C marketing on this blog — but what of B2B marketing? These two business marketing terms provide an important lens for studying other businesses’ marketing strategies and defining a plan for your own business. A recap of what these terms mean: B2C means “business to consumer,” while B2B means “business to business.” These acronyms define two distinct styles of marketing, one for targeting everyday consumers and one for targeting bu

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Restaurant Forecasting: How To, Formulas, Methods, and More

7 Shifts

Staff scheduling, inventory management, menu analysis , guest satisfaction, profitability, and so much more rest on the shoulders of accurate restaurant forecasting. Faultless restaurant forecasts, however, are dependent on navigating predictable trends like holidays and seasonality alongside unpredictable ones such as weather and major world events.

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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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Restaurants Pivot to the new ‘Post-COVID’ Consumer Behavior Patterns

Modern Restaurant Management

The restaurant industry took the brunt of the pandemic’s economic and societal impact and is now being asked to respond to the permanently changed consumer landscape. As the world grapples with the next wave of COVID-19, businesses are confronted with product and labor shortages, a sudden increase in ecommerce and a variety of shifting consumption patterns.

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How To Optimize YouTube SEO for Your Restaurant

Next Restaurants

By Andre Oentoro, Contributor. If you’re a restaurant owner, then your YouTube channel may be one of the most important assets for your business. A lot of people are searching for videos about restaurants on YouTube and will find yours if it’s optimized correctly. . Since people nowadays take YouTube as one of the major information sources online, having a channel about your restaurant will help you reach out to a broader audience.

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The 11 Employee Scheduling Best Practices + Tips for Restaurants

7 Shifts

Employee scheduling for your restaurant can be the most stressful part of your job. After tracking sales, calculating inventory, and just trying to keep your head above water, restaurant scheduling can take up a chunk out of your week. Plus, that schedule almost rarely ends up going as planned. Problems often arise in your schedule, from your head chef calling out sick to the unexpected influx of customers on a Tuesday afternoon.

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Simple Tips for Delivering Exceptional Post-Pandemic Customer Experience

Modern Restaurant Management

As we return to in-person dining across the country, restaurants are facing yet another challenge: delivering an exceptional customer experience (CX) for guests who come with high expectations after more than a year stuck at home. Not only is there a ripe opportunity to attract formerly takeout-only customers for in-person dining, but an opportunity to enhance customer experience for all customers and differentiate from the competition.

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SF Bars Demand COVID Vaccination Proof to Keep Employees Safe

Cheetah

Reading Time: 3 minutes. The San Francisco Bar Owner Alliance is now recommending that bars require guests to show proof of COVID vaccination. Although this is not a government mandate, it is expected that at least half of the nearly 500 bars registered in the alliance, and many other non-members, will put this practice into play. The subject has ignited another hot topic in the Covid-19 vaccine debate – when it comes to restaurants, who is responsible for Covid safety?

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How to use Takeout to Accelerate Your Restaurant or Bar Profits

Sculpture Hospitality

The food and beverage inventory in your restaurant or bar is your biggest asset. Yet so many kitchens and bars are loaded with products that are never used in recipes or never sold - that’s liquid cash that’s eating into your profitability.

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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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Restaurant Recruiting, Staffing, & Turnover Trends: What You Need to Know About Managing Restaurant Staff in 2021

Black Box Intelligence

The industry has been volatile the past year and a half — to say the least. And while things seem to be on the upswing, the industry is now facing another big hurdle: labor challenges and shortages. BLS reported that job openings reached a record high of 9.3 million in April, and the accommodations and food services sector accounted for the largest increases.

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Returning to Restaurant Expansion

Modern Restaurant Management

If you’re operating a thriving restaurant business on the other side of the pandemic, that might mean you have a concept with legs to expand beyond your current location(s). Consider that around 60 percent of new restaurants fail within the first year. And nearly 80 percent shutter before their fifth anniversary. There is good reason to be optimistic about restarting restaurant expansion: restaurant sales continue to set records, the federal stimulus has added billions of dollars to compan

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Restaurant Sales Forecasting: What Numbers You Should Use Now

Restaurant365

From placing the next inventory order to scheduling staff, there are many decisions to be made every single day in a restaurant. With so many different factors, successful restaurant owners and operators know that restaurant forecasting is key to profitability. Restaurant forecasting leverages historical revenue data, information about current conditions, and knowledge of external events to help project future sales levels.

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Roadmap to Success: 4 Steps to Maximize Restaurant/Bar Profitability

Sculpture Hospitality

As we slowly move into what is hopefully the “post-pandemic world”, restaurants and bars around the globe are beginning to reopen their doors to guests and look at ways they can optimize their profitability.

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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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Restaurant Recruiting, Staffing, & Turnover Trends: What You Need to Know About Managing Restaurant Staff in 2021

Black Box Intelligence

The industry has been volatile the past year and a half — to say the least. And while things seem to be on the upswing, the industry is now facing another big hurdle: labor challenges and shortages. BLS reported that job openings reached a record high of 9.3 million in April, and the accommodations and food services sector accounted for the largest increases.

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Settling Third-Party Delivery Partner Payment Headaches

Modern Restaurant Management

Over the past few years, third-party apps like DoorDash, Grubhub and Uber Eats have made delivery and takeout faster and easier than ever. COVID-19 further accelerated this trend as restaurants turned to delivery models to reach consumers and maintain revenue. In fact, the National Restaurant Association found that 40 percent of consumers who ordered delivery from a restaurant in 2020 used a third-party company to do so.

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Workforce Optimization: What It Is And How It Affects Your Success

Sling

Are you ready to cut costs and increase productivity in your business? Incorporate workforce optimization practices into your workflow. When you improve the way your team functions within your business, you essentially work smarter rather than harder to achieve the same results. This can have a substantial and far-reaching effect on your organization’s success.

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What’s the Net Easy Score (NES) for your restaurant or cafe?

Ken Burgin

You’re probably heard of NPS or Net Promoter Score, a simple measurement of how likely people are to do business with you again. Another way to measure your business is with the Net Easy Score or NES. Based on work by Sue Barrett , it looks at all the ways your business is easy , or difficult , to deal with. Here’s a version for restaurants, cafes and foodservice.

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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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Food Workers Spent the Past Year Giving Back Through Pop-Ups. What Happens When They Have to Go Back to Work?

EATER

Chefs and bakers are struggling to figure out how to make pandemic-born mutual aid pop-ups sustainable going forward Aliza Sokolow is grateful to be working again. As a food stylist and photographer living in LA, things have been picking up, and she’s getting ready for her kids’ book, This Is What I Eat , to come out next year. It’s exciting, to be sure, but it leaves Sokolow wondering what to do with her mutual aid pop-up project, This Is What I Baked.

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How Your Restaurant Can Tackle the Employee Shortage

Modern Restaurant Management

The employee shortage might be temporary, but there are ways that your business can attract talent now and retain a competitive advantage in the future. There are more jobs than ever before, yet restaurants are struggling to attract employees. The number of workers quitting their jobs in April reached new highs of four million, with 5.6% of restaurant workers quitting their jobs.

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How To Market Your Business Using Twitch

Lady Boss Blogger

Large social media platforms can be extremely useful for marketing your business. One platform you might be overlooking is Twitch. With 15 million daily users, it’s the largest online video game streaming platform. Marketing your business on Twitch before it becomes saturated with other advertisements can be great for your brand so start now. Here […].

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What’s the Net Easy Score (NES) for your restaurant or cafe?

Ken Burgin

You’re probably heard of NPS or Net Promoter Score, a simple measurement of how likely people are to do business with you again. Another way to measure your business is with the Net Easy Score or NES. Based on work by Sue Barrett , it looks at all the ways your business is easy , or difficult , to deal with. Here’s a version for restaurants, cafes and foodservice.

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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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Columbia Gorge

A Wine Story

Columbia Gorge. About the Columbia Gorge AVA The Columbia Gorge AVA, established in 2004, comprises vineyard lands on both sides of the Columbia River, in both Oregon and Washington. The Columbia River, the largest river in the Pacific Northwest, is famous as the transportation mode for the Lewis & Clark expedition as it finished its final leg of travel to the Pacific Ocean.

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Engage Your Team and You’ll Engage Your Customers

Modern Restaurant Management

This adapted from " Manage to Engage. How Great Managers Achieve Remarkable Results. " We all know we feel valued when others make us feel valued. And in the restaurant business, particularly coming out of a pandemic, it can be tough from both sides – enabling the boss to help people feel valued and engaging teams to feel valuable. We also know there are a lot of people working who just don’t enjoy it – they are far from feeling valued at work, or in corporate speak, th

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Solving Problems for Chefs | Season 4, Vol. 6: meez

Foodable

Listen to "Solving Problems for Chefs | Season 4, Vol. 6: meez" on Spreaker. In the latest episode of the Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” chat with Joshua Sharkey , the founder and chief executive officer of meez , to explore an exciting new tech solution for chefs. “The genesis of meez was the result of something terrible… I lost my [cooking] notebook,” says Sharkey.

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The Best Canned Wines to Drink on Those Particularly Warm Days

EATER

From a peachy piquette to spritz-style rosé, these are the cans you should reach for It’s summer in North America — the temperatures are high, and with them, the need for refreshment (with alcohol). Alongside the hazy ales and myriad hard seltzers, you may have noticed an influx of refreshing wine cans in your local grocer’s refrigeration station, candy-colored Easter eggs of vinous refreshment just waiting for you to pop the tab.

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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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POSist Empowers Food Quest LLC to Streamline Performance Reporting and Operations Management

The Restaurant Times

As a master franchise investor and operator, Food Quest has made a name for itself among the leading international F&B brands across MENA. The brands currently under its management include Gourmet Burger Kitchen (GBK) and its homegrown brand EETEN. Food Quest also provides management support to Advance Investment LLC for the Denny’s Middle East Master Franchise.

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Wildfire Season: How Restaurants Can Better Protect Themselves

Modern Restaurant Management

Starting in August , more than 9,000 wildfires burn in the U.S., on average, causing nearly two million acres of damage, which includes residential and business structures. Across the country, the most damaging wildfire seasons have been in recent years, including 2017, 2018, and 2020, accounting for 62% of the structures lost over the last 15 years.

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Best BBQ Chain Restaurants

Restaurant Clicks

Everyone loves barbecue restaurants – although it’s classic Southern comfort food, the BBQ industry has exploded around the country. There are mom-and-pop barbecue pits wherever meat is available. However, sometimes consistency in a BBQ place is desirable – what are the best BBQ chain restaurants in the country? The best BBQ chain restaurants include classics like Dickey’s BBQ and Famous Dave’s, plus some you might not have heard of, such as 4 Rivers Smokehouse and L&L Hawaiian B

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5 Influencers Outside of Tech and Beauty

Lady Boss Blogger

The internet allows the world to connect in ways we never could have imagined. As social media apps are created and expand, we are shown new interests we never knew we had! Sometimes, however, the field feels limited. I enjoy beauty influencers immensely and find tech influencers very helpful. But what about some of my […]. The post 5 Influencers Outside of Tech and Beauty appeared first on LadyBossBlogger.

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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.