Modern Restaurant Management

MARCH 1, 2023

In order to more evenly distribute this income, some restaurants in 2023 are moving toward a system that spreads the wealth around for BOH staff (cooks, maintenance personnel, etc.). The best way to decrease food waste is to have accurate, up-to-date analysis, which means implementing a reliable restaurant accounting system.

Back of House 171

Back of House Front of House Accounting Budgeting 171

Modern Restaurant Management

SEPTEMBER 5, 2024

High staff turnover of QSRs contributes to these challenges, with inconsistencies in training and varying levels of experience among staff risking the maintenance of food, health, and safety standards. Dedicated catering service software proves successful in streamlining maintenance schedules, tracking inventory, and optimising resource use.

Maintenance 88

Maintenance Scheduling Document Training 88

SiteMinder

OCTOBER 11, 2022

From handling complaints and supervising staff to scheduling maintenance and managing budgets, this role oversees all aspects of hotel operations. Duties can include overseeing various departments, conducting health and safety audits, and managing budgets. Accounting manager. Night duty manager. Human resources manager.

Maintenance 72

Maintenance Concierge Front of House Budgeting 72

Modern Restaurant Management

JULY 22, 2024

For example, one of the major drains on restaurants’ budgets is electricity, which powers up those all-important air conditioners. This enables them to minimize demand charges for electricity, which are higher than average and can account for more than 50 percent of restaurants’ monthly bills. According to the U.S.

Pricing 197

Pricing Facility Management Maintenance Budgeting 197

Modern Restaurant Management

DECEMBER 28, 2022

Operating Expenses (OpEx) are the recurring monthly bills a restaurant or bar usually budgets for: electricity and water, rent, food and alcohol, etc. Combined with at least another $1,000 in ice machine maintenance and repair fees every year, ice ends up consuming a significant chunk of the budget.

Maintenance 197

Maintenance Budgeting Reservations Back of House 197

Hotelogix

JULY 11, 2024

One major challenge is competing with bigger hotel chains with larger marketing and technology budgets. They also struggle with rising operating costs, including utilities, maintenance, and staffing. Additionally, independent hotel owners often find it difficult to access the same resources and budget that larger chains benefit from.

Pricing 130

Pricing Download Book Budgeting 130

Revenue Hub

JANUARY 26, 2023

Examples of variable costs in a hotel: Food & Beverage Laundry Housekeeping Energy consumption Maintenance and repairs Marketing expenses Staffing expenses ERP Business Central Variable Costs Importance of managing variable costs Tracking variable costs is an essential part of managing a hotel’s finances and ensuring profitability.

Housekeeping 77

Housekeeping Budgeting Article Maintenance 77

The Restaurant Times

JUNE 3, 2020

Forecasting will also allow you to benefit from proper budgeting, which is very important for running a restaurant business. Irrespective of the restaurant format, food costs generally account for a significant part of overall restaurant expenses. Implement an Automated Accounting Process. Reduce maintenance costs.

Maintenance 88

Maintenance Accounting POS Systems Front of House 88

Hotelogix

FEBRUARY 1, 2024

For small hotels operating on tight budgets, these expenses can be prohibitive. It means they primarily maintain an Excel Sheet to keep track of guest records, availability, finances, accounting, etc. High-end hotel management software or hotel property management systems (Hotel PSM) have a hefty price tag. So what do they do? 

Guest Satisfaction 130

Guest Satisfaction Training Budgeting Demo 130

Hotel Business

MARCH 9, 2023

Analogous to other industries, interior designers often focus on an aesthetic at a budget to meet today’s needs while ignoring lifecycle costs. Accounting for cleanability The pandemic has transformed the views of sanitation and cleanliness, especially in hospitality settings. Sustainable” products aren’t created equally.

Sanitation 98

Sanitation Accounting Maintenance Budgeting 98

Modern Restaurant Management

DECEMBER 10, 2019

Set a monthly or quarterly budget and stick to it. Forecasting can help you set the appropriate budget, taking seasonality into account. Whether it is a bill, repairing a faulty appliance, maintenance or another cost, it can have a big impact on your cash flow. Without a solid team, running a restaurant is impossible.

Budgeting 124

Budgeting Accounting Maintenance Reservations 124

Modern Restaurant Management

MAY 16, 2022

. “Also, the potential for adding health insurance as a benefit will go a long way with employee retention and attraction, taking into account the consistent increase we are seeing in costs for that space.” “However, this comes at a cost that the owner needs to factor into their budgets,” Moller notes.

Budgeting 208

Budgeting Special Events Events Maintenance 208

SiteMinder

OCTOBER 11, 2022

From hiring all staff to scheduling maintenance to creating new revenue management strategies , the hotel management team is extremely busy. Reporting issues to the maintenance team. Maintenance department. Most people assume that the maintenance department is called upon when something needs fixing. Removing rubbish.

Front of House 59

Front of House Maintenance Housekeeping Back of House 59

Lithos POS

JULY 4, 2024

Tips to plan cash buffer for a small restaurant: Maintenance – Tip : Regularly set aside funds specifically for unexpected repairs and maintenance. Calculate potential expenses for kitchen equipment, plumbing, electrical issues, and other maintenance needs. Also, monitor market trends and adjust your budget accordingly.

Maintenance 52

Maintenance Accounting Customer Service Marketing 52

Modern Restaurant Management

JUNE 24, 2021

The great news is that an effective digital marketing strategy can be designed and implemented to fit just about any marketing budget. Most digital marketing agencies offer many important solutions for small to medium-sized restaurants, including: Website design, monitoring, and maintenance. Google Rankings and Google My Business.

Marketing 203

Marketing Communication Maintenance Budgeting 203

Les Roches

SEPTEMBER 3, 2024

Managing such a hospitality venue involves a wide range of duties, from overseeing housekeeping and food service to guest relations and maintenance. Maintenance Malfunctioning air conditioning, overflowing sinks or flickering lights can quickly turn a relaxing stay into a frustrating ordeal. What is hotel operation management?

Travel and Tourism 52

Travel and Tourism Housekeeping Maintenance Guest Satisfaction 52

Revenue Hub

MARCH 5, 2024

Revenue Limitations Imposed by Legacy Systems Inefficiency and High Maintenance Costs One of the most significant drawbacks of legacy systems is their inefficiency. A study by Forrester Research found that legacy systems can use up to 75% of a company’s IT budget just for maintenance , leaving only 25% for new initiatives.

Maintenance 98

Maintenance POS Systems Book Article 98

7 Shifts

MAY 3, 2021

Department-based budgeting When you integrate 7shifts with one of our many industry-leading restaurant-specific POS partners , you can use your sales data to make more accurate projections for the staff you’ll need. No more confusion when they arrive for their shift. Manager Log Book Managers get a communication upgrade, too.

Server 148

Server Budgeting Scheduling Communication 148

Synergy Suite

JULY 5, 2023

Excellent Support and Maintenance Look for a software provider that offers reliable support and maintenance services. Additionally, check for software updates and ongoing maintenance to ensure that your system remains up-to-date, secure, and compatible with evolving technology.

Maintenance 52

Maintenance POS Systems Server Training 52

Hotel Business

AUGUST 6, 2024

Figuring out how to balance design and budget is a tall order. Bringing in contractors early on in the decision-making process ensures that any anticipated supply chain issues are considered and accounted for. Maintenance staff are brought in to test whether the vacuum cleaner can reach the far side of the room.

Information 59

Information Maintenance Budgeting Scheduling 59

7 Shifts

JULY 20, 2024

or 70% This means that the restaurant's prime costs account for 70% of its total sales. One of the key benefits of using a financial spreadsheet is that it helps you with budgeting and forecasting. You can easily monitor your food and labor costs as well as profit margin, budget, and sales.

Scheduling 88

Scheduling Pricing Budgeting Information 88

7 Shifts

AUGUST 18, 2024

For example, though food costs are running costs, you should budget for beginning inventory when opening your restaurant Many of your startup costs will be one-off costs, though some are subject to annual renewals Restaurant Expenses Vs. Restaurant Costs One often confused (and misused) sets of terms are restaurant costs and restaurant expenses.

POS Systems 148

POS Systems Scheduling Budgeting Pricing 148

Hotelogix

OCTOBER 18, 2023

Integration Capabilities Your POS system should seamlessly integrate with other crucial hotel systems, such as Property Management Systems (PMS), accounting software, and Customer Relationship Management (CRM) platforms.   Cost Consideration: Analyze the overall cost, including setup, licensing, and maintenance fees. 

POS Systems 130

POS Systems Guest Satisfaction Training Front of House 130

Les Roches

SEPTEMBER 16, 2024

They look for cleanliness, safety and maintenance issues, ensuring all aspects of the hotel meet established standards. Accurate and comprehensive documentation is essential for maintaining accountability and tracking progress. Evaluating service quality Inspectors assess the effectiveness of and support provided by hotel staff.

Guest Satisfaction 52

Guest Satisfaction Maintenance Travel and Tourism Regulatory Compliance 52

Synergy Suite

JULY 11, 2023

What to Look for in a Restaurant Payroll & HR System Accounting Integrations It is important to consider whether the payroll and HR system seamlessly integrates with your existing accounting software. Look for solutions that offer integrations with popular accounting platforms, such as QuickBooks or Xero.

POS Systems 52

POS Systems Maintenance Information Accounting 52

Xotels

NOVEMBER 23, 2023

Housekeeping & Maintenance: Guest perceptions of a hotel are heavily influenced by the cleanliness and maintenance of rooms and common areas. Hotel management oversees effective housekeeping and maintenance procedures, ensuring well-maintained, hygienic, and aesthetically pleasing premises.

Housekeeping 40

Housekeeping Maintenance Article Concierge 40

Xotels

NOVEMBER 23, 2023

Housekeeping & Maintenance: Guest perceptions of a hotel are heavily influenced by the cleanliness and maintenance of rooms and common areas. Hotel management oversees effective housekeeping and maintenance procedures, ensuring well-maintained, hygienic, and aesthetically pleasing premises.

Housekeeping 40

Housekeeping Maintenance Article Concierge 40

7 Shifts

NOVEMBER 15, 2024

How do you manage the restaurant’s budget and control costs? A proactive restaurant manager often has backup plans, like alternative suppliers or maintenance contacts, to address these issues quickly. How do you manage the restaurant’s budget and control costs? One of the most important skills is preparation.

Communication 78

Communication Server Special Events Training 78

Synergy Suite

FEBRUARY 21, 2023

Integration with back-office systems, such as accounting or payroll software, is crucial for efficient management across all locations. Small or Independent Restaurants Small or independent restaurants often have limited budgets and fewer resources compared to larger establishments.

POS Systems 52

POS Systems Training Budgeting Reservations 52

Revenue Hub

DECEMBER 8, 2023

Automation technologies make a difference in hotel operations and efficiency to streamline back-office tasks such as inventory management, accounting, and payroll processing. This allows for proactive maintenance, saving money in the long run.

Travel and Tourism 99

Travel and Tourism Procurement Maintenance Information 99

Hotel Business

SEPTEMBER 15, 2023

One way to account for these anomalies is by using revenue management technology that runs multiple models and then selects the ones that provide the most accurate forecasts. Myth #3: We need to pause rolling out an RMS to focus our budget on marketing. These models may differ by market segments as they change over time.

Special Events 64

Special Events Pricing Accounting Events 64

7 Shifts

AUGUST 10, 2020

Document purpose, such as training materials, finance & accounting, scheduling, legal & compliance, mail and bills, etc. Don’t have the budget for any filing products? No need for an hourly deep clean of your entire office–just hold yourself accountable for reducing build-up where it’s not needed.

Document 140

Document Scheduling Book Accounting 140

eZee Absolute

JANUARY 9, 2024

The automated transactions processed by these terminals significantly reduce the risk of errors associated with manual cash handling, ensuring precise accounting records. Meets Your Budget: Last but not least, evaluate the total cost of ownership, including setup fees, transaction charges, and ongoing maintenance costs.

Budgeting 59

Budgeting Information Training Communication 59

Lithos POS

JANUARY 27, 2023

To invest in the right equipment you need to consider the following points Budget Budget is one of the important aspects when planning to purchase equipment for your restaurant. If you are limited by budget and don’t have much space in your restaurant, then you can find equipment that can meet your multiple needs.

Maintenance 52

Maintenance POS Systems Sanitation Budgeting 52

7 Shifts

JANUARY 31, 2024

Accounting & finances Many owners—who take the initiative to fund and start the restaurant —expect you to keep the business open and profitable. This means you'll need to produce, manage, and analyze the budget and multiple financial reports. But smaller restaurants also have to worry about keeping the budget intact.

Scheduling 158

Scheduling Front of House Training Customer Service 158

SiteMinder

AUGUST 1, 2024

Budget and metrics: How much will you invest in marketing and how will you measure the effectiveness of your campaigns? Research the current and projected demand for hotels in your location, taking into account factors such as population growth, tourism trends, and economic activity.

Travel and Tourism 52

Travel and Tourism Competitive Analysis Pricing Budgeting 52

Blue Magnet Interactive

DECEMBER 20, 2023

These roles encompass Account Managers, SEO specialists, social media experts, designers/developers, email marketers, and a director. When renting, any maintenance or property issues become the landlord’s responsibility to address. Could all these digital marketing services for the 15 hotels be condensed into one role?

Marketing 52

Marketing Training Book Budgeting 52