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How Restaurant Owners Can Prepare for the COVID-19 Cold Weather Lull

Modern Restaurant Management

It’s a good time to make sure you’re accounting for potential effects of the pandemic as you create next year’s budget. In fact, the industry had a turnover rate of 75 percent in 2019 and this trend was aggravated in 2020 by the pandemic. Hire the Right People.

Budgeting 230
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‘Bring the Dining Room Experience to the Windows’

Modern Restaurant Management

Joining Mood in 2018, he currently oversees the QSR team, focused on North America Account Management efforts. Simply put, the experience should look, feel, smell, and sound differently from their last visit in 2019. Businesses should be asking themselves, 'What do I want to communicate and what is my strategy behind the message?’

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[Guide] Restaurant Management Tips & Tactics: 2019 Field Guide

7 Shifts

Accounting and finances: Manage budgets and track food and labor costs. Build a culture of communication. Because many issues in the kitchen arise from poor communication, create systems that encourage it. Start by establishing clear procedures for communication when working in the kitchen.

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Restaurant Resiliency: Deploying and Securing New Operational Models

Modern Restaurant Management

According to The NPD Group, take-out and delivery accounted for nearly 50 percent of all restaurant spend in 2019. East/West traffic – traffic that moves laterally across the network – should be blocked wherever possible to avoid unwanted communication between devices.

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Competition’s Coming: Key Technology Changes Can Help You Win

Modern Restaurant Management

Just prior to the pandemic, off-premises orders accounted for 60 percent of restaurant engagements, according to a National Restaurant Association report. Don’t Confuse Customer Communications with Customer Loyalty. Loyalty is prized, but it’s not the same as effective communication. One precedes the other.

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MRM EXCLUSIVE: Four Easy-to-Implement Strategies to Weather COVID-19’s Impact

Modern Restaurant Management

In 2019, labor costs averaged 31.6 Restauranteurs can use cloud-based accounting platforms for cost control and financial monitoring. Strategically Cutting Back on Hours. Labor costs fall within the top three highest costs for restauranteurs, cutting into their razor thin margins and continuing to rise.

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Effectively Targeting and Marketing to Gen Z

Modern Restaurant Management

According to a December 2019 report by commercial real estate giant CBRE using data from eMarketer, Generation Z’s spending is now at approximately $143 billion per year, with an additional influence over $450.5 They’re naturally eager adopters of emerging communication platforms. billion in spending by others.

Marketing 209