Modern Restaurant Management

AUGUST 12, 2020

As the COVID-19 pandemic continues to significantly impact and disrupt businesses in all sectors, it has become clear that the restaurant industry has been one of the hardest hit by the crisis. Data from OpenTable projected that one in four restaurants won’t reopen after the pandemic. Strategically Cutting Back on Hours.

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7 Shifts

JUNE 4, 2021

Business is often a game of numbers, and restaurants are no exception. And while you may not picture a restaurant manager or worker parked at a desk to work, it's a huge part of restaurant management. Sales per labor hour. Let's plug some numbers into that equation to see how it may look in your restaurant.

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7 Shifts

MARCH 26, 2020

The restaurant industry is in flux, and many restaurateurs lack access to the information and resources required to make decisions about their business. 7shifts is sharing insights about communication, sales, and staffing for restaurateurs to understand both the global and regional impact of COVID-19. Josh Margles.

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Modern Restaurant Management

APRIL 27, 2020

As the focus is now pivoting to reopen the economy, a number of resources are being provided to help restaurants learn about best practices. For up-to-date COVID-19 resources and information for the restaurant industry, visit restaurant.org/COVID19. First is an enhanced restaurant management platform.

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7 Shifts

MARCH 16, 2020

The COVID-19 situation has developed rapidly over the last week, with the number of cases in the US skyrocketing, and many states taking drastic measures to slow the spread of the virus. Here’s what we know about the COVID-19 situation and what your restaurant can do during this uncertain time. How is COVID-19 impacting restaurants?

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Modern Restaurant Management

APRIL 5, 2022

These platforms are gaining popularity among people who wish to dine with their families at home and still wish to enjoy the flavor and quality of restaurant food. As restaurants shuttered across the world due to the pandemic in 2020, deliveries and takeout orders soared. The result was a 25% percent spike in sales in just two months.

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Modern Restaurant Management

DECEMBER 30, 2020

” But restaurants must first survive the winter – literally and figuratively. Still, survey data from the National Restaurant Association offers hope that many diners will maintain current on-premises (outside dining) habits through the winter. hours, phone number) is foundational. Marketing Moves to Make Now.

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Modern Restaurant Management

JULY 5, 2023

The quick service restaurant (QSR) industry is currently experiencing a trend of commoditization, with low barriers to entry and a standardized set of features offered by most restaurants. Simultaneously, the industry is coping with cost pressures and demanding streamlined tech solutions that consolidate operations.

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Modern Restaurant Management

OCTOBER 19, 2021

As restaurants hire new employees, they are finding it more difficult to come across experienced workers who can also train other team members. Here I will walk through actionable tips to help you train employees and understand the basics of liquor licensing as your restaurant bounces back: Renewing Your Liquor License.

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Modern Restaurant Management

MARCH 17, 2022

With wholesale food prices soaring 13 percent in 2021 and labor costs rising as worker shortages continue, many restaurants are looking for smart ways to lower costs and avoid passing them on to their diners. To mitigate these concerns, restaurants have gotten creative, looking for new cost-cutting measures.

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Modern Restaurant Management

JUNE 26, 2020

One of the first groups of businesses to shutter was the food, restaurant and hospitality industry – an industry that relies on daily revenue from its patrons, those of which were now being mandated to quarantine and reside in their homes. Immediately, many restaurants pivoted their business model to adapt to this change.

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7 Shifts

AUGUST 3, 2023

They started by adopting a cloud-based point of sale in Toast , and added 7shifts to aid in managing their growing team. Pen and paper was the way—and some of the operations and policies "had to be updated to the 20th century, not even just the 21st," says Elmassian. Choosing 7shifts Jason Elmassian is an industry veteran.

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7 Shifts

JANUARY 23, 2024

It’s the key to creating a consistent experience every day, week, and month of the year — the essential structure for the restaurant’s operations. Getting it right is critical for sustained success in the restaurant industry. Use prior sales data as a baseline for the typical ebbs and flows. But it isn’t simple.

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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.

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Modern Restaurant Management

MAY 4, 2021

While careful labor management has always been an important part of controlling prime costs in the restaurant industry, operators should be looking toward better ways to manage labor costs with competition for labor increasing and a potential minimum wage increase on the horizon. Holistic View of Labor Metrics. More Impactful Savings.

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7 Shifts

OCTOBER 31, 2023

Doing calculations and triple-checking numbers isn’t your idea of a fun afternoon. You’re using too many systems You wouldn’t go to five grocery stores to make one sandwich—so why do 34% of restaurant operators work with five or more tech vendors? Don’t let your restaurant be a part of that stat.

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Information Pricing Customer Service Accounting 88

Synergy Suite

APRIL 12, 2024

It’s no secret that the restaurant industry is highly competitive. Restaurant owners know it’s important to become a family favorite because this can help eliminate choice overload (having too many choices to pick from). But first, you need to know what profit margin is and what the average is in the food industry.

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7 Shifts

OCTOBER 22, 2021

The holidays are on their way - and for many restaurants, that means an increase in sales. Even in the pandemic year of 2020, before vaccines, we saw bumps in both sales and shifts scheduled in and around the tent pole holidays. Does Your Restaurant Need a Holiday Work Schedule? How do sales change during the holidays?

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The Restaurant Times

JANUARY 26, 2023

A traditional point of sale (POS) used to be a restaurant billing software that processed orders and produced receipts. But as cloud technology developed, the basic POS system transformed into a full-fledged restaurant management system. Moving to the cloud is a top priority for restaurant owners. Read along!

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Modern Restaurant Management

SEPTEMBER 21, 2020

Here’s a wild guess: your plan for 2020 didn’t involve a restaurant-crushing pandemic. As the general manager of Yelp for Restaurants , my job is to help restaurants succeed. In a typical month, we used to help restaurants seat over four million diners. In April, I watched that number plummet to nearly zero.

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7 Shifts

JUNE 3, 2022

We don't have to tell you that the restaurant industry has a turnover problem. Restaurants are a transitional industry for many—but many of the reasons that workers quit are entirely preventable. 8 Reasons Why Restaurant Workers Quit — And How To Prevent It. 73% of those employees still receive tips.

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Modern Restaurant Management

APRIL 15, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the dismal March restaurant sales, security, loyalty, trends and teen consumer behaviors. March Sales Decline. Same-store sales for restaurants dropped by 28.3 Same-store sales for restaurants dropped by 28.3

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7 Shifts

JULY 31, 2020

Hengam Stanfield, Co-founder The business success they experienced was explosive—tripling their sales in the first five years, and growing their team from 6 to 50+ people to meet the demand. 2 hours per week When Mattenga’s bought the restaurant in 2014, they had been using spreadsheets to keep track of their weekly schedules.

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7 Shifts

FEBRUARY 13, 2023

It’s no secret that with a workforce mass exodus and rising minimum wages, the restaurant industry is long overdue for an overhaul of its business structure and compensation model. Our coalition of restaurant owners across the country come together to share best practices about wages and benefits. That’s where RAISE comes in.

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Modern Restaurant Management

APRIL 27, 2020

For additional resources, click COVID-19 Survival Guide for Restaurants and MRM Restaurant Survival Guide, Second Course and MRM Restaurant Survival Guide, Part Three , What’s Next?: MRM Restaurant Survival Guide Updates and COVID-19 Resources for Restaurants. You can view the special issue here.

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Modern Restaurant Management

OCTOBER 4, 2021

The edition of MRM Research Roundup features what feeds us, drive-thru drama, a Tik Tok survey on restaurants and the best cities for beer. Bluedot released the fifth installment of the State of What Feeds Us report which has kept tabs on consumer behavior and restaurant habits since the beginning of the health crisis.

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Modern Restaurant Management

DECEMBER 30, 2020

Top Restaurant Trends. BentoBox released its comprehensive 2020 Restaurant Trend Report. Key findings from the report include: Direct online ordering booms as restaurants recognize the need to bypass third-party marketplaces : Average monthly online order volume grew 250x since the COVID-19 pandemic began, with $59.18

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7 Shifts

MARCH 31, 2021

Fulfilling as running a restaurant business can be, it can also be overwhelming. financing institutions are tightening restrictions for small business loans, and restaurant owners have a hard time qualifying for traditional and other types of restaurant financing. This is where restaurant business plans are essential.

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7 Shifts

FEBRUARY 16, 2022

But without the right tools, it'll take long nights and countless cups of coffee to organize the moving pieces of multi-location employee scheduling for your restaurant. If restaurants in the same region are using different labor and point-of-sale technology, you're simply making things harder on yourself. Table of Contents.

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7 Shifts

AUGUST 12, 2021

In today's highly competitive environment, restaurant marketing requires precise, dependable, and complete consumer data. As technology evolves and client tastes change, successful marketing techniques must be examined and updated accordingly. For example, how do new consumers find your restaurant on the internet?

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Revenue Hub

SEPTEMBER 11, 2023

Subscribe to our weekly newsletter and stay up to date More than ever, sales managers are bombarded with RFP spam flooding their inboxes. What used to be a lead for 6 to 8 hotels now reaches 20 to 25, and the numbers can go even higher. First and foremost, sales leaders must fiercely protect selling time.

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Modern Restaurant Management

APRIL 27, 2020

For additional resources, click COVID-19 Survival Guide for Restaurants and MRM Restaurant Survival Guide, Second Course and MRM Restaurant Survival Guide, Part Three , What’s Next?: MRM Restaurant Survival Guide Updates and COVID-19 Resources for Restaurants. You can view the special issue here.

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7 Shifts

MARCH 10, 2021

Successful restaurant owners have many traits in common. Here we've outlined seven practices of highly successful restaurant owners. The fact that 60% of restaurants fail in their first year and 80% close within five years of their grand opening is an indication that few have what it takes for long-term success.

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Modern Restaurant Management

APRIL 14, 2020

For additional resources, click COVID-19 Survival Guide for Restaurants and MRM Restaurant Survival Guide, Second Course and MRM Restaurant Survival Guide, Part Three and What’s Next?: MRM Restaurant Survival Guide Updates.

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Information Download Marketing Accounting 212

Modern Restaurant Management

MARCH 12, 2021

Restaurants have made great strides in the digital realm—from contactless payments to online ordering—but 32 percent of them feel like they could add to their technology stack to optimize operations. The industry is even starting to see a rise in the number of CTOs, or Chief Technology Officers, to support this digital growth.

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Modern Restaurant Management

JULY 2, 2021

On one hand, restaurants were stripped of their ability to serve people indoors, so restaurant dining hugely diminished. Direct mail can help you take advantage of the at-home craze that’s bolstering restaurants coast to coast. There are a number of photos of people who receive these postcards on social media.

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Synergy Suite

DECEMBER 19, 2023

In the ever-evolving world of restaurant management, staying ahead of the curve is crucial for sustained success. One key metric that can make a significant difference in your restaurant’s profitability is Sales Per Man Hour (SPMH). Satisfied customers are more likely to return and recommend your restaurant to others.

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