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The Value of Restaurant Business Intelligence for Multi-Unit Operators

7 Shifts

And with labor costs accounting for around one-third of a restaurant's revenue , any opportunity for optimization must be taken. Recommended Reading: How To Manage Teams Across Multiple Restaurant Locations.

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Survey Says: Restaurateurs Are Making Expansion Plans

Modern Restaurant Management

A lot of it is about using AI quietly in the background to make operations more efficient. And 41 percent of multi-unit operators are using optical character recognition (OCR) technology, which is used to speed up manual processes like taking inventory and submitting invoices.

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Surviving Disruption: How New COVID-19 Legislation Can Assist the Restaurant Industry

Modern Restaurant Management

Funds can be used to pay fixed debts, payroll, accounts payable, and other bills. While state depreciation rules may differ, this correction could be a big benefit to multi-unit operators making property improvements, allowing those businesses with QIP expense in 2018 and 2019 to potentially file amended federal income tax returns.

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MRM Franchise Feed: Kitchen of the Future, Restaurant Sherpas and Dunkin’ Hirin’

Modern Restaurant Management

Recognizing the varying needs of entrepreneurs that are seeking different levels of involvement in the day-to-day operations of a restaurant franchise, the Teriyaki Madness team developed Restaurant Sherpas as a solution for absentee and semi-absentee franchisees across the nation. ” Showing Support. .

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MRM Franchise Feed: Currying Up Favor and Committed Taco

Modern Restaurant Management

After beginning his career at McDonald’s Corporation in 1981 as a store accountant, Haggis moved on to The Wendy’s Company, where he worked for nearly 30 years and served as senior vice president of finance and brand chief financial officer. Seeking multi-unit operators across the U.S.

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Restaurant Conferences to Attend in 2022

7 Shifts

Spanning three days in one of the world's most renowned food destinations, this conference has something for everyone, with courses for independent owners and multi-unit operators. Sessions cover topics pertaining to finances, the economy, accounting, growth strategy, and restaurant technology.

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MRM Franchise Feed: Greek from Greece Grows and Hearts Afire for Mac & Cheese

Modern Restaurant Management

We have experience building companies with multi-unit operations and look forward to applying significant resources and pursuing numerous growth avenues, including opening new restaurants and identifying select acquisitions, that will further expand this outstanding brand.” Nathan's Teams with Kitopi.