7 Shifts

SEPTEMBER 16, 2021

You won't be able to refer to your previous restaurant opening playbook and follow it to the letter. The benefits of this decision include relying on a proven business model, which will ease the opening and operating process, as you'll be able to refer to what worked (and what is working) at your original location. Table of Contents.

Management 370

Management Management Document Hiring 370

7 Shifts

AUGUST 2, 2024

This includes tolls with payroll management features, sales and expense tracking, budget forecasting, and report generation, to name a few. Below are some key restaurant metrics you should be tracking for your restaurant: Cost of goods sold (COGS) The cost of goods sold refers to the amount it costs to produce an item on your menu.

Point of Sale 397

Point of Sale Inventory Seasonal Menu Cash Management 397

Embrace the Suck

APRIL 26, 2020

Your sales or guest count for the day are great examples of lagging KPIs: they’ve happened and can’t be changed. By knowing the GCA today, you can train your team to increase sales and thus have an impact on the lagging KPI of sales for that day. What the Hell is a KPI? Think of it like air: you need it to live.

Cash Management 439

Cash Management Point of Sale Inventory Bar 439

7 Shifts

APRIL 29, 2021

Point of sale report(s), including IRS Form 1099-K. Work with your POS partner to see how they can assist in getting the applications sent as soon as possible. Set your alarms and make sure you're ready, as it's expected that the demand will outweigh the supply of funds. What do I need? Who is eligible to receive grants?

Restaurant Law 370

Restaurant Law Document Brewery Point of Sale 370

7 Shifts

NOVEMBER 17, 2020

more sales than their less enthusiastic colleagues? While some job performance metrics, like sales, are simple to measure, others, like engagement, are less quantifiable. Employees can refer to evaluation forms to track their progress and set professional development goals. What is a restaurant employee evaluation form?

Point of Sale 370

Point of Sale Download Communication Reference 370

7 Shifts

OCTOBER 31, 2022

You'll have a document to reference during the planning or opening of your restaurant. When a plan is too wordy, it tends to turn off the reader and can actually prevent them from finishing,” Lauren Fernandez adds that the business plan should be more akin to a sales document, not an A-to-Z tactical roadmap. Table of Contents.

Point of Sale 397

Point of Sale Back of House Document Download 397

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

7 Shifts

AUGUST 6, 2021

In this post, we'll walk you through everything you need to know about restaurant sales forecasting - from the reasons why to forecast, to steps on how to create forecasts accurately, to what you should consider when forecasting for your restaurant. Restaurant Sales Forecasting Method & Techniques. Table of Contents.

Seasonal Menu 370

Seasonal Menu Point of Sale Inventory Food Supply 370

Restaurant Engine

DECEMBER 8, 2021

Research several POS solutions to find the one that best fits your needs. When it’s time to purchase a point-of-sale solution for your restaurant, it’s a big decision and one you want to research thoroughly. What’s more, you can also watch your profits rise as everything works better with a POS system. tweet this).

Point of Sale 96

Point of Sale POS Website Management Customer Service 96

7 Shifts

JULY 16, 2021

Reference secondary research studies or create your surveys and questionnaires to send out to a select group of people! We're all here for it! Coffee shops can be so much more than a place to grab a cup of joe and a croissant. At their best, they're an essential part of their community—a third place beyond work and the home. Obtain Funding.

License 459

License Hiring Equipment Small Business 459

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 88

Point of Sale License Insurance POS 88

Culinary Cues

MAY 16, 2022

If you are a seasoned veteran of the kitchen, you have likely experienced this a few times and know exactly what I am referring to, but for others – here is an attempt to re-create the “feel” of being in the kitchen zone: Tom arrived a bit later than normal for his shift at Café Monique. Your dictionary.

Café 407

Café Front of House Point of Sale Back of House 407

7 Shifts

MAY 31, 2021

Inventory was ordered based on par levels, which are set based on sales forecasts, which are in turn determined by how many guests you'll serve and what they'll order. The term ‘restaurant operations' refers to the process by which a restaurant is run. Table of Contents. What does it mean? Areas of Operation. Improvement Tips.

Operations 363

Operations Inventory Hiring Customer Service 363

7 Shifts

SEPTEMBER 19, 2019

Customer service: Interact with guests, solve customer complaints, and ensure the service is on point. You'll need to be tech-savvy with using POS hardware, scheduling tools , and other operational software. Here's a breakdown of the major restaurant manager responsibilities. If it gets the job done, why change it, right?

Management 284

Management Management 2019 Employee Relations 284

Modern Restaurant Management

MAY 27, 2020

Participating restaurants will donate 15-25 percent of sales to their local food bank and over 1500 restaurants nationwide have already joined the initiative. Participating restaurants will donate 15-25 percent of sales to their local food bank and over 1500 restaurants nationwide have already joined the initiative. Takeout For Good.

Food Safety 441

Food Safety Kitchen Safety Mobile Ordering Guest Recovery 441

Modern Restaurant Management

DECEMBER 27, 2019

This edition of MRM News Bites features NCR, Bloom Intelligence, The American Food Association, The Dinex Group, Performance Food Group Company, Appetize and Restaurant365, Snackpass, PAR Technology, Net Element, Sensory, GRIF, Picnic and El Pollo Loco. NCR Acquires Zynstra. NCR Corporation acquired U.K.-based

Mobile Ordering 309

Mobile Ordering Customer Service Point of Sale Customer Experience 309

Lavu

MARCH 13, 2025

POS Integration : Sync hours and tips directly from your POS system. Top Options: Lavu Payroll : Free for Lavu POS users, offering automated processing and tip management. Integrated into the POS Homebase : Includes time tracking, scheduling, and basic payroll features. Not purpose built for restaurants.

Tip Distribution 78

Tip Distribution Employee Relations POS Restaurant Law 78

7 Shifts

AUGUST 7, 2024

But there's more to it than adding up your inventory bill and comparing it to your sales. This is commonly referred to as a percentage. And while it can vary by restaurant, your prime costs should hover somewhere around 60 to 65 percent of the total volume of sales. There certainly are other major restaurant cost considerations.

Food 370

Food Seasonal Menu Inventory Pricing 370

7 Shifts

FEBRUARY 4, 2021

I was working as an assistant manager at a small business for a few years at that point, so I had a lot of experience of doing a little bit of everything in a small business, and I really wanted to open a business, but I didn't have anything to sell, so it worked out well.” A match made in doughnut heaven ?? I was fresh out of university.

Operations 370

Operations Book Small Business Communication 370

Modern Restaurant Management

JULY 12, 2023

This approach can deliver increased order accuracy, lower staff costs and provide the restaurant with a frictionless Point-of-Sale (PoS) option. Observability refers to the ability to infer the health of an app or system based on the external data it generates.

Ordering 221

Ordering Point of Sale Customer Experience Online Ordering 221

Deliverect

FEBRUARY 12, 2020

One which certainly cannot be overlooked is the POS system. What is a POS system? A POS system , in full a "point-of-sale system", is the heart of a catering business. It’s where your customers pay for their order and employees get an overview of your tables, menus, sales data and much more.

POS 92

POS Point of Sale Restaurant Law Customer Experience 92

Focus POS

DECEMBER 8, 2021

However, the right point of sale system can help alleviate some of these restaurant challenges so business owners can stay ahead of their competition. How the right POS system overcomes restaurant challenges. On top of that, outdated or complicated technology can frustrate staff and invite errors when people are in a rush.

Mobile Ordering 148

Mobile Ordering Point of Sale Online Ordering Cash Management 148

Modern Restaurant Management

DECEMBER 13, 2019

This edition of MRM News Bites features NLRB, IHOP, Fourth, Ordermark, Chica’s Tacos, Thanx, Chowly and EZCater, Corner Bakery, Fountainhead Taproom and PourMyBeer and Epson America. NLRB Approves McDonald's Settlements. The Board concluded that the settlements will provide a full remedy for all alleged substantive violations.

Mobile Ordering 251

Mobile Ordering Catering POS Customer Experience 251

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

BNG Point of Sale

DECEMBER 6, 2021

There are many point-of-sale systems , but not all will suit your needs. You want something compatible with your type of business and has features that will help manage inventory, sales data, etc. What is a Point-of-sale System? S ometimes they are also referred to as cash registers or POS systems.

Point of Sale 52

Point of Sale POS Employee Relations Cash Management 52

Focus POS

APRIL 8, 2019

According to the 2017 COLOQUY Loyalty Census, the top reasons people abandon loyalty programs are: It took too long to accumulate points or earn rewards. To solve this, you can use the data from your point of sale (POS) system to create communications that are targeted to those who will be most interested.

Loyalty Program 113

Loyalty Program Point of Sale POS Reference 113

Restaurant365

FEBRUARY 25, 2020

In addition, it’s important to remember that while your profit may be in dollars, your profit margin is your profit expressed as a percentage of sales. While profit margin may be a widely known metric, it can be difficult to fully understand everything that affects the calculation. Net Profit Margin. Full-Service Restaurants.

Loyalty Program 183

Loyalty Program Point of Sale Fast Casual Online Ordering 183

Restaurant365

FEBRUARY 22, 2022

There’s sales and customer data, labor performance data, and even data telling you how much food you waste. While restaurant reporting refers to your numbers, restaurant analytics, on the other hand, provide actionable insights. The importance of POS integration in restaurant data collection. Are you using restaurant analytics?

Point of Sale 147

Point of Sale POS Inventory Seasonal Menu 147

7 Shifts

MARCH 16, 2022

That's why it is important to learn how to motivate your restaurant employees. We are most productive and responsive when we are happy, so it makes sense to create an environment that fosters this kind of positive emotion. Worse yet, some may leave simply because they do not feel valued or that there is no meaning attached to the work they do.

Front of House 370

Front of House Back of House Communication Customer Service 370

Apicbase

MARCH 3, 2023

POS integration is essential. Although the point-of-sale system (POS) remains the technological heart of restaurants, numerous technologies run behind the scenes these days. This end-to-end solution uses data from your POS to provide insights into sales, food costs, menu engineering and inventory management.

Point of Sale 52

Point of Sale POS Management Management 52

7 Shifts

SEPTEMBER 6, 2024

Customers who experience longer wait times are 18% less satisfied with their experience. Hiring a barback can keep your bar operations efficient and boost customer satisfaction. What is a barback? If you’re thinking of opening or owning a bar , you need a barback to help maintain smooth operations. Does your restaurant or bar need barbacks?

Demo 195

Demo Hiring Customer Experience Bar 195

Restaurant365

SEPTEMBER 10, 2021

Use an inventory management system that integrates with your POS system. If your restaurant inventory management system is fully integrated with your point of sale (POS) system, you can streamline and automate as much of the inventory process as possible. As a store-level manager, you always have a lot on your plate.

Inventory 138

Inventory Management Management Point of Sale 138

Open for Business

NOVEMBER 21, 2022

If you’re a relative newbie to the restaurant industry or a die hard traditionalist, you may be wondering what a POS system is for a restaurant. POS stands for point of sale, and it refers to the transactional moments when a guest orders and pays for their meal. What is a POS system for a restaurant?

POS 78

POS Mobile Ordering Point of Sale Food Truck 78

Lavu

NOVEMBER 1, 2023

Having a business strategy involves conducting market research, analyzing competitors, and identifying unique selling points. Also, teaming up with other food delivery services saves money on hiring our own drivers and setting up delivery systems. This is why more and more restaurants are turning to food delivery.

Delivery 167

Delivery Online Ordering Food Mobile Ordering 167

Restaurant Technology Guys

FEBRUARY 26, 2023

Join our resident Business Ninja Max, together with the CRO of Custom Business Solutions, Jeremy Julian, as they talk about the software that helps manage restaurants – a restaurant POS system. Maximize every customer interaction with a digital-first approach to running your restaurant.

Specials 102

Specials Point of Sale POS Customer Service 102

Restaurant365

JANUARY 4, 2022

Integrate restaurant inventory management with your POS system. To ensure efficiency, a restaurant inventory management system that is fully integrated with your point of sale (POS) system can streamline and automate as much of the inventory process as possible. from a year ago. Food-grade oak flakes – 61%.

Inventory 148

Inventory Pricing Management Management 148

Goliath Consulting

JANUARY 6, 2022

According to Mary King, “third-party food delivery services have setup fees of up to $400, charge a commission of 10% to 40% per order, and may not integrate with your point-of-sale system.” Most restaurants benefitted from these third-party food delivery services, but other restaurants did not have the same success rate.

Delivery 195

Delivery Food Customer Service Online Ordering 195