Culinary Cues
FEBRUARY 25, 2020
Is it just another one of those cycles with a few new challenges or is it something else? It seems to me, once you start to connect the dots, you will note that the times they are a changing, and the alarm bell is about to ring. I certainly don’t want to be reactionary, in fact, what I hope to be is something more in line with being an advocate for change before change happens without us.
Restaurant365
FEBRUARY 25, 2020
What is the average profit margin for a restaurant can be an essential, but tough, question to answer. While profit margin may be a widely known metric, it can be difficult to fully understand everything that affects the calculation. Your restaurant profit margin depends on a number of factors that may be beyond your control. . However, understanding your average profit margin will help you track your restaurant’s financial health and show you where you can improve operations.
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Lavu
FEBRUARY 26, 2020
Technology is constantly changing and revolutionizing the way restaurants meet customer needs. Gone are the days when servers would approach a customer with a pen and paper. Today, technology is at the helm of on-premise ordering processes. Customers in the restaurant industry can directly place their orders on tableside tablet systems. The new technology also allows servers to enter customer orders on hand-held devices.
Perfect Daily Grind
FEBRUARY 25, 2020
The market for cold drinks is growing rapidly. From sparkling teas and lemonades to cold brew coffee, customers are increasingly thirsty for a more refreshing beverage than the traditional coffee shop offerings. And businesses that don’t serve these risk losing out to competitors. But which cold and sparkling drinks should you be serving? And how can you do this profitably and efficiently?
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.
7 Shifts
FEBRUARY 28, 2020
Hyperion Public started as the dream of two dads—John Speaks and Paddy Aubrey. As their children went off to the same preschool, Speaks and Aubrey looked for a place that they felt comfortable hanging out, watching the game, and having meetings for work—but there was nowhere in Silver Lake, Los Angeles that fit the bill. So they decided to open their own restaurant hangout spot.
Modern Restaurant Management
FEBRUARY 27, 2020
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the National Restaurant Association's State of the Indusrty Report, food industry pressures, foodservice opportunities, influencer marketing, foot traffic analysis and the dining-out dollar. 2020 State of the Restaurant Industry. The National Restaurant Association released its 2020 State of the Restaurant Industry Report which examines key factors impacting the restaurant industry including the curre
Restaurateur Connection brings together the best content for restaurateur professionals from the widest variety of industry thought leaders.
Lavu
FEBRUARY 28, 2020
The internet and technological advancements are having a great impact on restaurant operations. With most people spending a big part of their day on the internet, it provides a huge market potential for restaurants. In fact, the demand for online restaurant ordering continues to grow among restaurant consumers. Restaurant owners and managers consistently look for solutions that allow customers to place orders online and have food delivered fast.
7 Shifts
FEBRUARY 27, 2020
Disclaimer: The information contained in this article is general in nature and businesses should consider whether the information is appropriate to their needs. Legal and other matters referred to in this article are based on 7shifts' interpretation of laws existing at the time and should not be relied on in place of professional legal advice. 7shifts is not responsible for the content of any site owned by a third party that may be linked to this article and no warranty is made by 7shifts concer
Modern Restaurant Management
FEBRUARY 24, 2020
Sixty percent of restaurants saw their labor costs increase in 2019 and 50 percent of respondents expect their labor costs to rise in 2020 and beyond, according to a survey of more than 1,000 restaurant managers, owners, and executives across North America conducted by 7shifts. Other key statistics from the study include: The largest percentage of respondents (nearly 46 percent) said they would be investing in team building activities in 2020 in order to engage and retain employees, compared to
Sante
FEBRUARY 24, 2020
"I was seldom able to see an opportunity until it had ceased to be one." -Mark Twain. 96. 96. *|MC_PREVIEW_TEXT|*. Last 2 Weeks Left To Grow Your Wine Brand's Presence In The US Market. Via - Sommeliers Choice Awards. "I was seldom able to see an opportunity until it had ceased to be one." -Mark Twain. Don't miss out on this opportunity.
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!
Future Food
FEBRUARY 25, 2020
Good Luck Hot Pot Restaurant Empty due to the effects of the Coronaviris. (Image via Good Food). Improving the sustainability of your restaurant during challenging times – a lesson for everyday trading. The sustainability of any restaurant or F&B business is always dependant on meeting the needs of the intended target market and remaining relevant to those customer segments with authentic food and a range of promotions, offers and experiences that encourage repeat patronage.
Restaurant Clicks
FEBRUARY 24, 2020
If you’re looking for a way to bring more guests into your restaurant and make ties within the local restaurant industry, an industry night is a great way to do so. Hosting a service industry night can transform a typically quiet night into a huge win for your business, and there are plenty of other benefits. . Read on to learn more about what industry night is and why your restaurant should host one!
Modern Restaurant Management
FEBRUARY 25, 2020
For franchise restaurant owners who devote their time, resources and effort contributing to the success of their business, the thought of passing the torch to the next owner can be challenging. In fact, 69 percent of business owners who plan to retire within the next three years lack a formal succession plan, according to a survey from Bank of America Private Bank.
Crunchtime
FEBRUARY 28, 2020
If your food and labor operations are managed on a single, centralized platform, this is what happens. Your c-stores and restaurants benefit from the Power of System Centralization! Imagine having all of your critical inventory management and food cost tools, plus all of your labor management, employee scheduling and labor law compliance rules in a single place.
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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.
360Training
FEBRUARY 26, 2020
Bars are busy places with plenty of work to go around! If you’re interested in working in a bar but aren’t what jobs are available , we’ve got you covered. Browse our list to discover the best one for your skillset! Bartender. Of course, you can’t have a bar without a bartender— which is why this is the first job on our list.
Focus POS
FEBRUARY 26, 2020
New App from Focus POS Provides Focus When and Where You Need It. San Antonio, TX — February 26, 2020 — Focus POS, a leading provider of restaurant point of sale software, has just released its innovative FocusON mobile order and mobile payment app. FocusON is a mobile app that allows business owners to access point of sale functionalities from anywhere.
Modern Restaurant Management
FEBRUARY 28, 2020
Modern Restaurant Management (MRM) magazine's People & Places column features news of company hires and promotions, charitable efforts and product introductions. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. San Diego Entrepreneur and Mission Beach area residentn Brad Hunter is disrupting the luxury hospitality industry with an entirely uncharted concept: AQUAlounge , an floating nautical experience slated to debut in San Diego, California in fall of 2020.
Crunchtime
FEBRUARY 28, 2020
If your food and labor operations are managed on a single, centralized platform, this is what happens. Your restaurants benefit from the Power of System Centralization! Imagine having all of your critical inventory management and food cost tools, plus all of your labor management, employee scheduling and labor law compliance rules in a single place.
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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.
Lavu
FEBRUARY 24, 2020
Over recent years, restaurants have been diversifying their payment methods. Apart from accepting cash and card payments, mobile payments have grown to be the next big thing. More restaurants are now accepting digital payments like Google pay, Apple Pay, and Samsung Pay at their checkouts. . What is Mobile Payment? Mobile payment is a form of payment that allows users to use their smartphones as digital wallets.
KaTom
FEBRUARY 27, 2020
Get Inspired by These Vegetarian Concepts. Vegetarian diets aren’t a new concept, and restaurant trend prediction lists have included menu items such as “plant-based protein” and “vegetable-centric dishes” for years. Between rising social and ecological awareness of the meat industry’s negative effects – which has more people reconsidering their environmental impact – and health concerns about heart disease, blood pressure, and other issues, more people are ch
Modern Restaurant Management
FEBRUARY 27, 2020
In January 2020, the United States Department of Labor (USDL) announced a final ruling which updates the interpretation of “joint employer” status under the Fair Labor Standards Act (FLSA) effective March 16, 2020. For over 60 years, there had been no meaningful updates regarding joint employer status, leaving many franchisors and similarly situated parties wondering – is my entity liable as a joint employer for my franchisee’s/affiliate’s acts relating to employees
Goliath Consulting
FEBRUARY 25, 2020
If you’ve been keeping up with our blog posts you’ve probably read what we had to say about millennial food trends in “Our Most Anticipated 2020 Food Trends List.” But what about Gen Z, the so-called digital generation? Born after 1997, research shows that this group will be responsible for up to 40 percent of consumer spending in 2020 (1). In fact, they will be making up more than one-third of the population at some time this year, surpassing both millennials and baby boomers as the largest gen
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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.
Crunchtime
FEBRUARY 27, 2020
Connect all your restaurant franchisees to your back office system for a centralized management solution. CrunchTime enables any Franchisor and Franchisee operation to benefit from an integrated restaurant management back office platform.
Sling
FEBRUARY 24, 2020
Team-building games are a fun and effective way to encourage collaboration and forge strong bonds at work. In this article, the workforce-management experts at Sling introduce you to group activities that will get everyone engaged, energized, and motivated to work together. Team Building Games Everyone Will Enjoy. 1) Triangulation. For this team-building game, you’ll need one participant to be the center and enough other players to form a triangle around that center person.
Modern Restaurant Management
FEBRUARY 28, 2020
Shake up your quick serve restaurant (QSR) and fast casual dining marketing response with voice response via smart speakers and voice assistants. When cell phones got smart, they became the shiny new technology toy. Now it’s smart speakers, which are proliferating like crazy. With growing speaker popularity, voice activated calls to action are growing by leaps and bounds.
Ken Burgin
FEBRUARY 24, 2020
Where did we learn that self promotion is a bad thing, and why do we accept that as the truth? Marie Forleo feels you should feel ashamed if you don’t promote your skills and achievements. This should resonate with people in hospitality – by definition most of us have to be ‘out there’ with the public and promoting the next event, tomorrow’s lunch or just an extra round of coffees.
Advertiser: Paycor
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.
Harbor Touch
FEBRUARY 24, 2020
Early risk detection is critical to the success of any business. If you are planning to open a restaurant, you need to scan the risk landscape of the food industry to understand what you are up against in this business. Getting a foothold on risk detection will help you identify hidden threats, gain vital insights, and lay out plans that will enable you to circumvent any pitfalls.
Sculpture Hospitality
FEBRUARY 28, 2020
There are times of the year when it’s just hard to make sales, no matter what you do. While there isn’t much you can do about certain times of the year, there are things you can do to minimize their impact to your bottom line.
Modern Restaurant Management
FEBRUARY 24, 2020
Producing and sharing videos has never been easier. Advances in phone camera technology and the ease of uploading to the internet have made video marketing not only a possibility for most businesses, but a necessity. In 2017, Facebook founder and CEO Mark Zuckerberg discussed the importance of video to the future of internet marketing. He claimed that video is a “mega-trend on par with mobile” and that by 2019, most of Facebook would in fact be video.
Aaron Allen & Associates
FEBRUARY 26, 2020
Every restaurant bleeds — it’s simply a question of where and how much. Just as banks and governments occasionally conduct stress tests to model scenarios and validate the stability of their systems under pressure, restaurant chains (and their investors) should endeavor to objectively pressure test their P&L — with increasing rigor and frequency.
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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