Modern Restaurant Management

OCTOBER 13, 2022

Rising inflation has impacted businesses for the better part of the year, leading many to modify their menus and increase prices in the face of higher ingredient costs. These numbers may be troubling, but to address these issues, restaurants must focus on providing the best service they can within their budgets.

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Restaurant Engine

DECEMBER 8, 2021

The first thing you should know is that a point-of-sale (POS) system will improve many of the functions of your restaurant. What’s more, you can also watch your profits rise as everything works better with a POS system. A POS system is a smart business decision. Software that makes the POS run.

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The Restaurant Times

SEPTEMBER 16, 2021

Hence, it is crucial to remain organized in fast-paced businesses like restaurants, especially during the busiest of times. Restaurant point of sale (POS) software is one of the smartest investments you can make in 2021 if you own a restaurant. Employees are the backbone of food and beverage businesses. Inventory Management .

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InnQuest

SEPTEMBER 12, 2023

This includes property management systems (PMS), online booking platforms , customer relationship management (CRM) tools and energy management systems to streamline operations and enhance guest experiences. Financial Management: Effective financial management involves budgeting, revenue tracking, cost control and financial reporting.

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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.

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7 Shifts

MAY 1, 2024

Bookkeeping is one of the most essential aspects of any restaurant business. Here is an in-depth restaurant bookkeeping guide to help you navigate this essential business process. Some of the best POS systems you can try include Toast, TouchBistro, and Square. If that isn’t possible, then go for alternatives.

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7 Shifts

MARCH 10, 2021

These may be traits that come naturally to the best restaurateurs, but they can also learn some valuable habits to help them efficiently and effectively run a business and meet their goals. A successful business plan covers everything from the food you’ll serve to how your restaurant will look and how you want your customers to feel.

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The Restaurant Times

AUGUST 26, 2022

Whether you are the owner of a fine dining restaurant, quick-service restaurant, food truck, or coffee shop, you will need restaurant management apps to streamline your business operations and unlock potential revenue in 2022. POS System. Things to consider when choosing a restaurant POS system.

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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. Because of this, a quality inventory management software is absolutely critical to the success of your food service business, especially as it grows across multiple locations.

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The Restaurant Times

JUNE 3, 2020

Proper financial planning gives your restaurant enough liquidity to establish a successful business. With the help of the strategies and tips mentioned in this article, a stable dark kitchen business can quickly reach operating break-even and generate profits. . Tips To Reach Break-even Quickly For Dark Kitchen Business.

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OpenTable

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. Business plan Once you’ve gathered all the necessary information, it’s time to put it into a business plan. These factors are central to making sure you stay within budget.

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Synergy Suite

JUNE 6, 2023

This comprehensive guide will examine what restaurant accounting software entails, the benefits it offers, and the key factors to consider when choosing the perfect solution for your business and enhancing your restaurant’s financial efficiency and success. What is Restaurant Accounting Software?

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Modern Restaurant Management

APRIL 21, 2022

They started the compamy with the goal of automating tedious back-office tasks, saving restaurant operators time and providing crucial data for making business decisions. There were a couple restaurant management software companies out there, but it was just inventory and budgets. It wasn't all that great, to be honest.

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The Restaurant Times

DECEMBER 22, 2021

Since 2018, the takeaway business in India has grown by approximately 17% every four months. Takeaway businesses are characterized by their agility to adapt to a shifting environment, and this was further enhanced by the pandemic. And if you’re looking to open your takeaway business, here are a few ways it’s now gotten easier now: 1.

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7 Shifts

JUNE 24, 2021

Here's just some of how the 7shifts team management platform along with Qu POS can help with smarter scheduling and a more efficiently run enterprise. Your POS isn't working hard enough. Labor budgets are impossible to keep in check. Your POS isn't working hard enough. Labor budgets are impossible to keep in check.

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Synergy Suite

APRIL 24, 2023

Because of this, an online ordering system has become absolutely essential to keeping a restaurant business alive and thriving. In this article, we’ll go into the ins and outs of online ordering systems: what they are, how to choose one, and examples of the best online ordering systems on the market today.

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The Restaurant Times

OCTOBER 26, 2023

Instead of offering an extensive menu with a limited budget, he recommended focusing on a specific cuisine initially. Chandrajyoti also discussed how technology has transformed the restaurant business, making operations smoother and improving the customer experience. Two primary hurdles stood out in his experience.

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Revenue Hub

MARCH 5, 2024

In the context of hotels, this might include room booking systems, customer relationship management (CRM) software, or point-of-sale (POS) systems that have been in place for many years. With so many disadvantages on the table, you might wonder why so many businesses continue to invest in legacy systems.

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eZee Absolute

JANUARY 12, 2023

In the modern business world, technology plays a crucial role in enabling hotels to operate efficiently and effectively. In this article, we’ll take a closer look at the benefits of using a PMS and POS system from the same hotel tech supplier, and how it can help you succeed in the competitive world of hospitality.

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Synergy Suite

JULY 11, 2023

The employees are the most important consideration for every successful restaurant business. This is especially true in multi-location restaurant businesses, where the effort is compounded with each new location. Payroll and Human Resources (HR) management are critical functions for any restaurant business.

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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.

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The Restaurant Times

AUGUST 5, 2022

Restaurant accounting is an integral part of operating modern-day restaurants and ensuring consistent growth in the business. Typical accounting methods have not been able to cope with the fast-changing demands of the restaurant business. Efficient Budgeting. Informed Decision-Making. Deeper Insights. Cost of Goods Sold (COGS)

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The Restaurant Times

DECEMBER 26, 2020

No matter how lucrative the restaurant business may appear, running a restaurant business is a challenging task. Going by the statistics, 60% of restaurants shut down their business within the first year of operations, and up to 80% of restaurants close operations within the first five years. How To Avoid. How To Avoid.

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The Restaurant Times

DECEMBER 15, 2021

We have compiled some of the key factors that will help you get started with exploring the Emirati cuisine in your new restaurant business and attract a bunch of locals and tourists. . Your budget and proximity to vendors – sourcing the material is essential. Creating A Menu . Obtaining Licenses. Trade License . Easy Billing.

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The Restaurant Times

APRIL 19, 2021

Food truck business in the UAE has been around for almost ten years. They are part of a relatively new type of mobile business which caters to customers at various locations. It is a promising opportunity for new foodpreneurs trying to step into the restaurant business to try out new ideas. Get The Licenses For The First Step .

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The Restaurant Times

MARCH 6, 2023

This can evaluate your restaurant’s overall business strategy and financial health. This data should be easily accessible from your restaurant’s point-of-sale (POS) system. Catering Catering businesses, like food trucks, profit from low overhead expenses but have food costs similar to FSRs.

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Hotelogix

OCTOBER 18, 2023

One such innovation is the Hotel POS (Point of Sale) system, a robust solution that has revolutionized how you manage your services, transactions, and overall guest satisfaction.    👉At its core, a hotel POS system digitizes and automates many previously manual, paper-based, or disjointed processes.

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OpenTable

MARCH 1, 2023

Here’s what to know about the restaurant staff shortage and what your restaurant business can do to staff up in 2023. Here’s how restaurant technology can help your business staff up and provide exceptional hospitality in 2023. If possible, offer benefits like paid time off and health insurance to help your business stand out.

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Lithos POS

DECEMBER 19, 2023

Like all the business the business model also needs strategic planning to succeed. Management has a crucial role in the success of a business. 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.

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The Restaurant Times

JULY 20, 2021

In this new era, UK restaurateurs are profiting off takeaway businesses. Looking at the bigger picture, the founder, Deepak Christopher, has taken his business to a new level such that Chilli Tuk Tuk is now one of the best-rated takeaway restaurants on Just Eat and Hungry House. Create An Organized Business Plan.

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7 Shifts

SEPTEMBER 16, 2021

It means guests love the food you serve so much that one location simply won’t cut it — and you get to serve more customers, generate more revenue , and expand your business. As you operate the restaurant, you'll also need to prepare for different clientele, budgeting, and staffing needs. Developing a New Concept.

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The Restaurant Times

SEPTEMBER 30, 2021

Food truck businesses have never been more popular than they are now. had approximately 26,200 operational food truck businesses in 2021. Many food truck owners are first-time food entrepreneurs who want to build a successful small business doing what they love: cooking delicious food for hungry people. Vehicle license.

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The Restaurant Times

SEPTEMBER 15, 2020

With proper planning and resources, you can make your waffle business a booming success. Choosing the right location is extremely important for sustaining a waffle business. The major permits required to start a waffle business in the UAE are Trade License and Food License. How to Start a Waffle Restaurant in Dubai.

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7 Shifts

JULY 31, 2020

Feeling inspired (like many restaurateurs do) by their love of hosting dinner parties and making fresh pizza, they decided to go into the pizzeria business in their hometown of San Antonio, Texas. It's been six years that we've been in this business, and in 2018 we opened our second location in San Antonio.”

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7 Shifts

APRIL 3, 2020

So here’s the question a lot of restaurateurs are asking: how do you start drastically cutting expenses to give your business the best chance of recovery? Evaluate your restaurant scheduling practices to see if you are consistently over-budgeting on labor needs based on your sales.

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The Restaurant Times

MARCH 15, 2021

A study says that sixty percent of restaurants do not survive past the first year, and 80 percent do not last in the restaurant business beyond five years. A dying restaurant business reflects poor decisions made in the early months. There may be different reasons that lead to the failure of a restaurant business.

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7 Shifts

AUGUST 20, 2021

All other costs in your operation must be re-evaluated so that you're able to continue with business as usual. Restaurant cost controls are an essential part of your business and the analysis of its financial performance. POS systems. Test out a few menu types to see which works best for your business. Prevention!

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