Synergy Suite

DECEMBER 21, 2023

For restaurants, where precise inventory management is essential for controlling costs and ensuring a seamless supply chain, understanding inventory variance is a critical aspect that can significantly influence the financial health and operational efficiency of an establishment. What Is Inventory Variance?

Portion Control 52

Portion Control Information Menu Planning Training 52

Synergy Suite

MARCH 25, 2024

When it comes to running a restaurant, there are so many things you’d rather be doing than managing inventory. Dull as it may be, it is key to the success of your establishment. Proper inventory management is essential for any restaurant. It also helps you minimize waste and track your costs more effectively.

Training 52

Training Information Customer Service Demo 52

Synergy Suite

OCTOBER 26, 2023

Running a successful restaurant is not just about creating delicious dishes and providing excellent service; it’s also about managing your finances effectively. One crucial aspect of financial management in the restaurant industry is understanding and optimizing the Cost of Goods Sold (COGS). What is COGS?

Pricing 52

Pricing Portion Control Communication Menu Planning 52

Synergy Suite

NOVEMBER 2, 2023

Running a successful restaurant goes beyond crafting delectable dishes and providing excellent service; it involves strategic financial management, with labor costs being a crucial aspect, that includes the intricacies of labor cost percentage. What is Labor Cost Percentage? Track labor costs as a percentage of revenue.

Scheduling 52

Scheduling Training Information Cost Reduction 52

Synergy Suite

OCTOBER 12, 2023

In the competitive realm of the restaurant industry, understanding and optimizing your financial performance is paramount to success. While tracking total revenue and sales is vital, it’s crucial to dig deeper and delve into your restaurant’s profit margins. Gross Profit Margin: What is it?

Portion Control 52

Portion Control Pricing Accounting Procurement 52

Synergy Suite

DECEMBER 5, 2023

Running a restaurant is a dream for many, but it’s also a business fraught with challenges. From fluctuating food costs to ever-changing customer preferences, the restaurant industry is known for its volatility. Your restaurant’s expenses consist of two main components: fixed costs and variable costs.

Pricing 52

Pricing Budgeting Information Marketing 52

Synergy Suite

JANUARY 12, 2024

What is Restaurant Analytics? Restaurant analytics is the practice of collecting, analyzing, and interpreting data related to various aspects of restaurant operations. This includes sales data, customer behavior, inventory levels, labor costs, and more. Why is it Important to Collect and Analyze Restaurant Data?

POS Systems 52

POS Systems Information Pricing Accounting 52

Synergy Suite

MAY 16, 2023

The bread and butter of running a successful restaurant business lies not in the delicious dishes you serve every day, but in your fridge. Your inventory holds the key to your profitability: how much it costs you, how much is wasted, and how much you need to create those dishes in the first place. What is inventory Management Software?

Definition 52

Definition POS Systems Vendor Management Scheduling 52

Synergy Suite

JUNE 20, 2023

Managing a restaurant, let alone a whole multi-location restaurant business, takes a lot more than just a great restaurant manager. The success of a restaurant hinges on both the quality and efficiency of the people that work there, and the technology that’s in place to help things run smoothly.

Definition 52

Definition POS Systems Scheduling Reservations 52

The Restaurant Times

JULY 28, 2020

The technology-driven delivery platform has also fuelled the demand for cloud kitchens, also known as dark kitchens, virtual restaurants, ghost kitchens, and delivery-only restaurants. Let’s uncover some of the common mistakes in this blog post. Improper Food Costing. Common Mistakes That Can Ruin Your Ghost Kitchen.

POS Systems 85

POS Systems Pricing Kitchen Operations Blog 85

Les Roches

JANUARY 20, 2024

Food and beverage consulting delivers invaluable­ knowledge in areas such as ope­ning new restaurants, improving existing e­stablishments, devising effe­ctive marketing strategie­s, and creating efficient business ope­rational plans. Restaurant concept development consulting At the heart of any dining establishment is its concept.

Regulatory Compliance 52

Regulatory Compliance Pricing Marketing Menu Planning 52

7 Shifts

JANUARY 31, 2024

Managing a restaurant is a delicate routine—if we can even call it a routine. Managers are responsible for nearly every aspect of the restaurant and have to cover a variety of duties. In addition to their main duties, restaurant managers also have to contend with all the unwritten or hidden responsibilities that fall on them.

Scheduling 78

Scheduling Front of House Training Customer Service 78

Synergy Suite

JUNE 6, 2023

A powerful tool, restaurant accounting software can revolutionize the financial management of your food service establishment. What is Restaurant Accounting Software? Restaurant accounting software is a specialized software solution designed to manage financial and accounting tasks specific to the restaurant industry.

Accounting 52

Accounting POS Systems Budgeting Bookkeeping 52

Synergy Suite

JUNE 27, 2023

An all-in-one restaurant management system encompasses various components that work together to streamline and optimize different aspects of restaurant operations. In this article, we dive into the different aspects of a quality restaurant management system, and discuss how each piece helps to serve the others.

POS Systems 52

POS Systems Scheduling Information Procurement 52

Synergy Suite

DECEMBER 14, 2023

Running a restaurant is a complex and demanding endeavor, and one of the key challenges that restaurant owners face is managing inventory efficiently. Efficient inventory management is crucial for the smooth operation of your restaurant and directly impacts your bottom line. What is Inventory Turnover Ratio?

Menu Planning 52

Menu Planning Information Procurement Training 52

Lithos POS

DECEMBER 19, 2023

Imagine your restaurant as a complex business where each part, from the kitchen staff to the front-of-house team, plays a crucial role in creating a premium dining experience. Now, think of fast food restaurant management as skilled and efficient ensuring that each element works seamlessly together to produce a better dining experience.

Front of House 52

Front of House Scheduling Communication Bookkeeping 52

Synergy Suite

FEBRUARY 14, 2023

When selecting a POS system for your restaurant, it’s essential to consider the features that will help streamline your operations and enhance the customer experience. Modern restaurant POS systems are full of features and functionality that can be customized to fit your exact needs.

POS Systems 52

POS Systems Front of House Back of House Catering 52

Synergy Suite

JANUARY 4, 2024

This chapter will provide you with a comprehensive understanding of restaurant employee turnover rate, its types, causes, and specifically focus on the unique dynamics within the restaurant sector. In the restaurant industry, where staff interaction and customer service play pivotal roles, managing turnover is particularly critical.

Training 52

Training Scheduling Communication Demo 52

Synergy Suite

NOVEMBER 23, 2023

Running a restaurant involves more than just creating delicious dishes and providing excellent service. It may sound complicated but, in this chapter we’ll dive deep into what EBITDA is, why it’s important for your restaurant, and how you can use this metric to gauge and improve your business’s financial health.

Accounting 52

Accounting Information Demo Marketing 52

Synergy Suite

FEBRUARY 7, 2023

A seamless restaurant Point of Sale (POS) and payment processing experience can make all the difference in shaping a customer’s perception of your restaurant. A good restaurant POS system not only ensures smooth and accurate transactions but also enhances operational efficiency and customer satisfaction.

POS Systems 52

POS Systems Definition Server Information 52

Synergy Suite

FEBRUARY 21, 2023

Selecting the right point of sale (POS) system is a crucial decision for restaurant owners and operators. The ideal POS system should align with the unique requirements of your restaurant business, ensuring seamless operations, enhanced customer experiences, and efficient management.

POS Systems 52

POS Systems Training Budgeting Reservations 52

Synergy Suite

MAY 9, 2023

Food safety is a constant consideration in any restaurant business. Not only is it vital to the safety of employees and customers, which is the top priority, food safety mistakes can also be costly to restaurant brands, both financially and in reputation. So food safety is a topic worth taking seriously.

POS Systems 52

POS Systems Document Scheduling Reservations 52

Lithos POS

SEPTEMBER 27, 2023

One of the significant changes that happened in the restaurant industry is the technology revolution. The restaurant point of sale system is an effective innovation in the restaurant industry. A restaurant’s point of sale system consists of hardware and software specific to the restaurant industry.

POS Systems 69

POS Systems Accounting Front of House Server 69

Synergy Suite

JANUARY 18, 2023

While customers rarely, if ever, interact with the cooks in your quick-service or fast casual restaurant locations, you know that what they’re really there for is the food! A prep cook is typically responsible for preparing all the ingredients that will eventually be turned into delicious meals for your restaurant.

Training 52

Training Sanitation Communication Blog 52

Synergy Suite

JULY 31, 2022

The restaurant industry is, among other challenging things, very competitive, low-margin, labor-intensive, and highly cyclical. To boot, at the time of publishing this blog entry, labor is scarce and more expensive than ever. There’s no magic bullet here we’re afraid, but we do have some restaurant ideas that we think might help you.

Blog 52

Blog Events Accounting Marketing 52

Metasphere

MAY 4, 2022

These systems became so popular that they have even become the "lifeline" for many establishments to reduce human interaction during the pandemic. A hotel order taking system enables guests to independently place an order from the restaurant, lobby, or even in their room by using a digital menu. Frequently Asked Questions. Conclusion.

Download 52

Download Maintenance Information POS Systems 52

Synergy Suite

AUGUST 9, 2022

If the other working elements of your restaurant are to run smoothly, the restaurant shift schedule must act as a solid building block for your entire organization. A restaurant’s shift schedule is a time window, typically grouped in weeks or months, that outlines how and when your employees work. What is a Shift Schedule?

Scheduling 52

Scheduling Budgeting Maintenance Information 52

The Restaurant Times

NOVEMBER 17, 2021

Restaurants are now adjusting to the new normal and online ordering is paving the path to success for many restaurants. Online ordering is a lifeline for restaurants these days, and it’s difficult to argue against the advantages of having an in-house online restaurant ordering system. Restaurant Website .

POS Systems 52

POS Systems Pricing Blog Customer Service 52

LimeTray

MAY 28, 2021

The importance of restaurant software has been increasing by leaps and bounds every year. With the influence of automation and the growth of online ordering, restaurant software plays a huge role in practically all the core functions of a successful business in the food and beverage industry today. Guest Facing Restaurant Software.

POS Systems 52

POS Systems Back of House Accounting Scheduling 52

SiteMinder

OCTOBER 24, 2022

In this blog, we’ll explore the key role of advertising in bringing your hotel success, and how you can make your advertising strategy the best it can be. You can use advertising to establish key partnerships with other travel brands, local businesses, and industry influencers. Table of contents. What is hotel advertising? Reputation.

Budgeting 72

Budgeting Book Blog Pricing 72

SiteMinder

OCTOBER 11, 2022

Managing a hotel restaurant can be a complex operation, as it might mean several restaurants in a property are functioning under one system. Hotels will need to ensure restaurant operations and service is seamless across multiple areas and locations. What is hotel restaurant management? How to run a hotel restaurant.

Customer Service 52

Customer Service Reservations Book Marketing 52

Lithos POS

JANUARY 27, 2023

Investing in equipment is one of the main costs of a restaurant business. By identifying your restaurant business model, finance, consideration of space, and other related aspects, you can identify the essential restaurant equipment that you need to invest in. Technology plays an important role in the industry.

Maintenance 52

Maintenance POS Systems Sanitation Budgeting 52

The Restaurant Times

JUNE 1, 2022

This blog post will give you a clear idea of precisely what you need to do to turn your sweet dream into a freshly served reality. In this stage, you should be ready to break the bank as the cost of even one piece of equipment can exceed USD 8,000. But no need to worry. So, let’s begin. Prepare A Business Plan. Food Service License.

POS Systems 52

POS Systems Procurement Blog Events 52

SiteMinder

MAY 12, 2023

In this blog we’ll explain everything you need to know about accounting for hotels. For example, your hotel might use different ledgers for bar sales, restaurant sales, room service, room rentals, amenities hire, and more. Whether it’s budgeting, forecasting , or cost planning, accounting makes it much more effective.

Accounting 52

Accounting Maintenance Document Pricing 52

SiteMinder

OCTOBER 27, 2022

This blog will tell you everything you need to know about innovating at your hotel and provide some handy tips to get you started on the right track! Self-service automation – With self-service technology, guests feel like they are in control and not being pushed to make any particular decision. Restaurant and menu ideas.

Housekeeping 52

Housekeeping Communication Marketing Blog 52

Xotels

APRIL 3, 2024

Control Inventory and Prices: Optimize revenue by strategically managing room availability and pricing across all distribution channels. Restaurants (increased special peak hour pricing or lower prices for the slowest days of the week to fill the restaurant). property maintenance) and comparatively low variable costs (e.g.,

Pricing 52

Pricing Book Budgeting Marketing 52

Lithos POS

JANUARY 27, 2022

Why do restaurants fail? “ Around 63% of restaurants close within their first year and 85% don’t last more than five years “ This sounds like the thing that’s stopping you from getting into the restaurant business, but maybe it’ll be easier than you think. Restaurant Manager Duties.

Competitive Analysis 52

Competitive Analysis Server Marketing Training 52