Modern Restaurant Management

MARCH 11, 2020

This edition of MRM News Bites features a double dose from US Foods, SpotOn Transact, DoorDash Kitchens, Virtual Restaurant Consulting, Tripleseat and Gather, wagamama, Toast, The Gluten Intolerance Group, Instawork and StaffMate Online, Procurant and Yellofin, Sift, 7shifts, ParTech, Revel Systems and Como, Kabbage, Bluecrew and Cuboh.

Bar 386

Bar Cash Management Loyalty Program Point of Sale 386

SpotOn

OCTOBER 14, 2024

The POS system is a restaurant's command center. If you run a restaurant, you know this, so you're probably weighing the many options for POS systems carefully. There are the features, support, hardware, and software, upfront POS hardware costs, and monthly subscription fees. What does a POS system do?

POS 52

POS Loyalty Program Website Management Cash Management 52

SpotOn

FEBRUARY 26, 2025

Restaurant P&L basics Sales Cost of Goods Sold (COGS) Labor costs Overhead costs Profit and profit margins Using your P&L statement Restaurant P&L basics A restaurant profit and loss statement is a spreadsheet that shows how all your money is coming in (sales) and where it's going out (costs). Prime costs.

Point of Sale 82

Point of Sale License Insurance POS 82

ChowNow

JULY 10, 2024

Concept overview : Describe your restaurant’s theme, cuisine, and unique selling points that make it stand out. Launching a restaurant is an exciting journey that can be filled with lots of twists and turns, but there’s a lot of effort and intention that goes into the process before you even open your doors to customers.

Point of Sale 221

Point of Sale Email Marketing License Customer Service 221

BNG Point of Sale

OCTOBER 15, 2021

Mobile POS For Retail. What Is A Mobile POS System For Retail? A mobile point of sale is a system in which POS software is installed on handheld, mobile devices, such as an iPad or Android tablet or smartphone. The device functions as a mobile cash register and terminal to process sales transactions.

Retail 98

Retail POS Point of Sale Mobile Ordering 98

7 Shifts

AUGUST 7, 2024

But there's more to it than adding up your inventory bill and comparing it to your sales. And while it can vary by restaurant, your prime costs should hover somewhere around 60 to 65 percent of the total volume of sales. Of all the costs your restaurants generate, your food is one of the largest. Table of Contents What is it?

Food 370

Food Seasonal Menu Inventory Pricing 370

Focus POS

JUNE 17, 2021

Bar Software that Boosts Your Revenue: How POS Affects Your Profits. The right point of sale software in your bar , pub, or nightclub could be the missing puzzle piece in the larger picture of growing your sales. Have you hired quick and personable bartenders? Do you provide excellent music options?

Bar 148

Bar Cash Management POS Point of Sale 148

7 Shifts

FEBRUARY 15, 2024

Depending on the solution you choose, this software could include features that help with employee management, inventory tracking, POS capabilities, payroll, and more. Depending on the solution you choose, this software could include features that help with employee management, inventory tracking, POS capabilities, payroll, and more.

Inventory 195

Inventory Bar Management Management 195

7 Shifts

FEBRUARY 15, 2024

Depending on the solution you choose, this software could include features that help with employee management, inventory tracking, POS capabilities, payroll, and more. Depending on the solution you choose, this software could include features that help with employee management, inventory tracking, POS capabilities, payroll, and more.

Inventory 195

Inventory Bar Management Management 195

Restaurant365

MARCH 18, 2020

Especially in uncertain times, an important factor in decisions about how to operate your restaurant is your break-even point. Essentially, your break-even point is what sales you need for a certain period of time to not lose money, or “break even.” How to Determine If You Should Trim Menu Offerings.

Point of Sale 158

Point of Sale Delivery Food Order License 158

BNG Point of Sale

APRIL 14, 2021

Unfortunately, less-than-reputable POS providers are out there, and understanding fees associated with taking payment from customers isn’t easy, but knowing what to look for will help. The financial benefits outweigh the transaction costs, but you can still save some money on your POS system and credit card processing. Tiered Pricing.

POS 98

POS Point of Sale Customer Service Pricing 98

7 Shifts

DECEMBER 21, 2022

And we're proud to say we've addressed those pain points with the 2022 release of Automated Tip Pooling ! This shiny new feature gives you the power to automatically sync tips from your POS provider and set custom rules. Let's kick it off with some numbers. New Features in 7shifts. Tip Pooling. Send new employees Direct Deposit Forms.

2022 195

2022 Certification Document Point of Sale 195

7 Shifts

MAY 23, 2024

This includes: Net Sales: The total revenue derived from your sale of food and beverages. Restaurant expense #1: food cost Your restaurant's food cost comprises 3 elements: the food cost percentage, the cost of ingredients, and the sales or revenue from selling your dishes. Managing a restaurant is not for the faint-hearted.

Point of Sale 221

Point of Sale Seasonal Menu Food Supply Cash Management 221

Cheetah

MAY 17, 2021

All food & beverage businesses for whom at least one third of their income is from onsite sales are eligible to apply. We know that government paperwork isn’t everyone’s cup-of-tea. Who Manages the Restaurant Revitalization Fund? billion dollar COVID-19 RRF to small food and beverage businesses. The minimum award is $1,000. Who Can Apply?

Webinar 143

Webinar Point of Sale Small Business Food Truck 143

Restaurant365

AUGUST 19, 2020

Successful restaurant owners and operators don’t just provide great food. For food service and hospitality in particular, an essential part of the guest experience is the interaction with employees. The people piece of the puzzle can be challenging for restaurants. Human resources and payroll overview. varying wage and tip income regulations.

Restaurant Law 131

Restaurant Law Recruiting Employee Relations Food Safety 131

Restaurant365

NOVEMBER 18, 2021

You receive time in your Point of Sale (POS) system. Thus, your labor costs are spread out between your scheduling, POS, and payroll software. From hiring and onboarding to running employee payments and paying taxes, payroll touches on many different parts of a restaurant business.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

Harbor Touch

JUNE 6, 2017

Get Your Permits and lIcenses in Order. Be sure to get your permits and licenses started for approval because the process can sometimes take weeks or even months. Complete the Restaurant Build Out, Get a POS System, Purchase Food. Are you considering opening a farm-to-table type environment? A casual-dining restaurant?

License 90

License POS Point of Sale Advertising 90

Modern Restaurant Management

SEPTEMBER 15, 2020

TIPs offers training for individuals on the responsible sale, service and consumption of alcohol. This edition of MRM News Bites features tech takeovers and teamings, product introductions, the latest Fall Scoop and how much would you pay for a cup of ice? Hospitality Recovery Coalition. Unfortunately, many already have. NAB Acquires SALIDO.

Fast Casual 405

Fast Casual Casual Menu Mobile Ordering 405

BNG Point of Sale

OCTOBER 13, 2021

Convenience Store POS System Costs. Costs to be Aware of When Considering a Convenience Store POS System. A POS system for convenience stores is an invaluable asset and one of the most important business management tools for convenience store managers. A convenience store POS system includes hardware and software: POS Hardware.

POS 52

POS Cash Management Point of Sale Equipment 52

Restaurant365

DECEMBER 17, 2019

Instead, gradual sales growth will help your business gain traction and develop a solid foundation. One-time costs are one-time purchases, like a lease security deposit or loan down payment, signage, renovation costs, and business licenses and permits. Costs of Opening and Running a Restaurant. Restaurant Startup Costs Breakdown.

Point of Sale 120

Point of Sale License Insurance Employee Relations 120

Deliverect

DECEMBER 1, 2020

We'll discuss licensing, technologies you can use, packaging essentials, and ideas to promote your alcoholic beverages. #1 1 Make sure you have the licenses you need. Check with local authorities which off-premises alcohol sales and consumption rules apply to you, and obtain any required licenses and signage.

Delivery 78

Delivery License Online Ordering Customer Service 78

Deliverect

DECEMBER 1, 2020

We'll discuss licensing, technologies you can use, packaging essentials, and ideas to promote your alcoholic beverages. #1 1 Make sure you have the licenses you need. Check with local authorities which off-premises alcohol sales and consumption rules apply to you, and obtain any required licenses and signage.

Delivery 78

Delivery License Online Ordering Customer Service 78

Ordyx

APRIL 27, 2023

VersiTech's acquisition of Ordyx POS last year created an exciting opportunity to deliver advanced POS technology to cus tomers and partners ( they're more than just dealers to us ) to enhance restaurant operations. Ordyx provided its customers with the market’s first cloud-based, mobile point-of-sale solution.

POS 52

POS Point of Sale Front of House Customer Service 52

Open for Business

OCTOBER 20, 2023

From budgeting and licensing to crafting the perfect menu, here’s everything you need to know about how to open a restaurant. With this guide, we walk you through the key steps to turn your restaurant dream into a successful reality. Are you targeting families, young professionals, or a little bit of everything?

License 78

License Email Marketing Front of House Social Media 78

Lavu

MARCH 11, 2020

From the introduction of point of sale (POS) systems to accounting systems, technology is changing the ways restaurants operate today. Keeping your procedures and systems up-to-date is a great method to streamline your operations, reduce overhead, and increase your day-to-day sales by getting more people through the door.

Management 78

Management Management Cash Management Mobile Ordering 78

Restaurant Clicks

FEBRUARY 21, 2020

Paperwork & Licensing. This means simply that the cost of your food’s raw materials should be about one third of the sale price. Taking that into consideration, your food expenses should take up about 28%-35% of money brought in from sales. Let’s look at the most common costs restaurant owners must face.

License 79

License 2020 Food Truck Equipment 79

Restaurant365

AUGUST 21, 2020

Successful restaurant owners and operators don’t just provide great food. For food service and hospitality in particular, an essential part of the guest experience is the interaction with employees. The people piece of the puzzle can be challenging for restaurants. Human resources and payroll overview.

Blog 78

Blog Restaurant Law Recruiting Employee Relations 78

Sling

JULY 24, 2023

Some of these apps are designed to solve specific problems, like shift scheduling or point of sale , while others boast all-in-one suites for every aspect of restaurant management. You can view data on labor costs versus sales over time to make intelligent decisions on how many staff you’ll need clocked in at different times.

2023 78

2023 Management Management Tip Distribution 78

The Restaurant Times

DECEMBER 22, 2021

By this point, you would have certainly thought of the basics like location, uniform design, a logo, a beautiful menu, kitchen staff and the equipment required, and marketing in general. Secure Licenses And Registrations. Every restaurant must have proper licensing. Fire License. Police Eating House License.

License 52

License POS Loyalty Program Point of Sale 52

Clover - Restaurants

OCTOBER 3, 2024

It may also be wise to include a strategy for handling sales taxes–like Davo Automated Sales Tax by Avalara. Location matters–especially in the restaurant business. What’s more, the location of your soon-to-be restaurant can help influence your branding, day-to-day operations, and customer experience. Is the location visible?

License 52

License Small Business Dietary Restrictions Loyalty Program 52

BNG Point of Sale

SEPTEMBER 2, 2021

This blog post will go over the typical restaurant overhead costs and expenses, including rent, utilities, labor wages for employees, licenses and permits, food cost percentages, and more. Alcohol licenses . Business licenses . Typical Restaurant Overhead Costs and Expenses . What Are Overhead Costs And Expenses?

Employee Relations 52

Employee Relations License Point of Sale Food Supply 52

Lavu

APRIL 1, 2020

Miscellaneous key points for your bar’s business plan. Choose a POS and payroll system. Liquor License. Preparation. Every dream starts with a vision-and turning that dream into a solid business plan with a clear concept is the first step in your preparation process. Calculate drink costs, beyond the cost of liquor.

Bar 78

Bar License Social Media Point of Sale 78

Mad Mobile

FEBRUARY 29, 2024

As bar owners and managers, you know that having the right point of sale system for your restaurant or bar makes all the difference. A good POS system can help you keep your customers and employees happy with speedy, accurate service. In the cloud-based POS space, systems are designed for every type of restaurant and bar.

POS 40

POS Bar Brewery Customer Service 40

The Restaurant Times

SEPTEMBER 9, 2020

One of the significant reasons why restaurateurs fear switching to a new POS is due to a fear of losing critical business data. However, it does bring a multitude of benefits and simpler ways to run business operations being offered in a new POS system. When compared to traditional POS software, a cloud-based POS is easy to install.

Management 59

Management Management POS Point of Sale 59

SpotOn

MARCH 25, 2024

Here, we'll discuss what you must consider when looking at the construction costs, equipment costs, interior design costs, and licenses and permits. Licenses and permits  Every restaurant business has a lengthy list of licenses and insurance needed to open, serve your guests, and protect your business.

License 52

License Insurance Point of Sale Equipment 52

BNG Point of Sale

SEPTEMBER 7, 2021

Sales per square foot are one option. To calculate sales per square foot, divide annual sales by total interior square footage including kitchen, dining, and storage space to get a net rentable foot in the leased location. . Licenses, permits, and insurance are also needed. . Bar Revenue per Square Foot .

Bar 52

Bar Point of Sale Retail 2013 52

The Restaurant Times

DECEMBER 6, 2020

Also, it is advisable to source less raw material for the first few weeks to keep it fresh and procure more stock later on after studying the sales pattern. Licenses & Permits . Obtaining a food truck license in Dubai is a complex process, but it is necessary to obtain these licenses to prevent legal hassles.

Food Truck 52

Food Truck Food License Restaurant Law 52