Remove Accounting Remove Food & Beverage Remove Server
article thumbnail

Restaurants Can Fight the Bite of Chargebacks (Infographic)

Modern Restaurant Management

Consumers adjusted; between 2019 and 2020, online ordering for food/beverage rose by a record 93 percent. Customers placed orders from their phones or computers, paying by credit card and having food dropped off without so much as talking to the delivery person. Criminal fraud exists in the food and beverage space.

Server 194
article thumbnail

How to Read a Restaurant Profit and Loss (P&L) Statements

7 Shifts

For example, training your kitchen staff on portion control can reduce food waste, and teaching your servers to upsell high-margin items can boost sales. This component shows the final measure of your restaurant's financial performance after accounting for all revenue and expenses.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What to know about New Jersey tip laws

7 Shifts

This is usually done to provide something more generous or advantageous to the workers in that state, like adjusting the minimum hourly wage to account for the cost of living. It’s easy to see how servers at a high-end restaurant will consistently exceed the minimum wage, even if a slice of their tips goes into a tip pool.

Server 88
article thumbnail

What To Know About New Jersey Tip Laws

7 Shifts

This is usually done to provide something more generous or advantageous to the workers in that state, like adjusting the minimum hourly wage to account for the cost of living. It’s easy to see how servers at a high-end restaurant will consistently exceed the minimum wage, even if a slice of their tips goes into a tip pool.

Server 78
article thumbnail

Tyga Bites and Sushi with an Attitude

Modern Restaurant Management

” Ervin Cohen & Jessup Launches Food, Beverage and Hospitality Practice. Ervin Cohen & Jessup launched a Food, Beverage and Hospitality practice to more efficiently advise industry-related clients to recover from the devastating financial and logistical impacts of the coronavirus pandemic and beyond.

Server 210
article thumbnail

#CheersUp, PARk it and the Shape of Pasta

Modern Restaurant Management

This edition of MRM News Bites features OpenTable, Restaurant Workers’ Community Foundation, PAR Technology, Tropical Smoothie Café, Bindi, The Shape of Pasta, Crook & Marker, Performance Food Group and Aptar Food + Beverage. Aptar Food + Beverage, part of AptarGroup, Inc., Social Distance Shopping.

article thumbnail

2023 Outlook: Trends and Challenges Restaurants Will See, Part One

Modern Restaurant Management

With a sharp focus on food safety since the pandemic's beginning, robots remove the need for human touch and cross-contamination. While robots cannot account for all variables like guests who require a gluten-free preparation or request extra salt, they can help with the overall efficiency when serving and preparing food.

Pricing 167