7 Shifts

AUGUST 2, 2024

With the mountain of data and numbers in your restaurant business, it is essential that you know which ones to track so you can assess your business's performance and the effectiveness of your strategies. The reason is simple: you know the ins and outs of your business, and your restaurant accountant should, too.

Accounting 158

Accounting Bookkeeping Pricing Budgeting 158

Modern Restaurant Management

MAY 30, 2023

Here are three strategies to set your business and team up for a successful, profitable season. Work Smarter and More Efficiently Good employee communication is key for any business, but only relying on the break room bulletin board to share information isn’t a very effective communication strategy.

Scheduling 179

Scheduling Communication Bookkeeping Training 179

Modern Restaurant Management

MAY 14, 2024

My family and I would be able to reap the rewards over time, of selling the restaurants to the employees, and at the same time, as seeing the restaurants through as a legacy and long-term business decision. At the same time, it is a very complex mechanism that takes time to build value, as a business grows, and as we pay down debt.

Bookkeeping 188

Bookkeeping Document Accounting Communication 188

7 Shifts

MARCH 10, 2021

These may be traits that come naturally to the best restaurateurs, but they can also learn some valuable habits to help them efficiently and effectively run a business and meet their goals. A successful business plan covers everything from the food you’ll serve to how your restaurant will look and how you want your customers to feel.

POS Systems 148

POS Systems Bookkeeping Marketing Accounting 148

Modern Restaurant Management

JANUARY 31, 2024

I think our report reveals that 2023 was a year characterized by a lot of regrouping and reorienting of business priorities. Many took the opportunity to reevaluate their businesses’ needs in 2023, carefully considering everything from where automation and AI can improve day-to-day operations to creating more innovative menus.

Multi-Unit Operations 203

Multi-Unit Operations Bookkeeping POS Systems Pricing 203

Hospitality Magazine

DECEMBER 7, 2022

Instead, think about what you can offer staff to ensure they stick around — a work environment that fosters people to grow in the business is the first step. Now the industry is back in the swing of things, businesses are launching more community-based initiatives and activations to give back.

Front of House 246

Front of House Bookkeeping POS Systems Reservations 246

7 Shifts

MAY 23, 2024

Say thank you more often to show your team that you appreciate their significant contributions to your business. Create a restaurant operations manual A restaurant operations manual ensures that your business procedures are well-documented, concise, and readily available for your employees' reference.

Bookkeeping 88

Bookkeeping Scheduling Training Accounting 88

Synergy Suite

JULY 20, 2024

This type of scheduling is quite prevalent in businesses that require continuous operations across extended hours, such as hospitals, manufacturing plants, hospitality venues, and emergency service providers. Here’s a simple breakdown of the types of schedules you likely use in the restaurant business. Why Work Double Shifts?

Bookkeeping 52

Bookkeeping Scheduling Accounting Information 52

Social Hospitality

NOVEMBER 8, 2022

To run your business most efficiently, it’s crucial to streamline processes that make things run smoothly. There are various types of business software available that can help streamline different components of running a company. But to find the beste scanner software for your business, you must conduct research.

Document 52

Document Scheduling Accounting Bookkeeping 52

7 Shifts

JULY 30, 2021

From managing your budget to accounting and bookkeeping for national holidays and events, this document will be your year-long guide to tracking your restaurant's promotional strategy. TikTok is a relatively new platform, but it's already helped build businesses from the ground up. Promote your business on Google My Business.

Accounting 148

Accounting Marketing Events Bookkeeping 148

LimeTray

FEBRUARY 12, 2025

Payments are consolidated into one system, making bookkeeping and financial reporting much easier. Customer Relationship Management (CRM) Customer loyalty is key in the food business, and with an integrated CRM system, you can build stronger relationships with your customers. Are you ready to scale your restaurant business?

Bookkeeping 52

Bookkeeping Information Customer Service Scheduling 52

Synergy Suite

AUGUST 17, 2022

Worse, it can even lead to your business’ closure. According to Deloitte , 82% of businesses are implementing software solutions in their accounting and finance management. Software solutions have a lot to offer to your restaurant business. Hence, you need software solutions that can help manage your restaurant’s finances.

Accounting 52

Accounting Bookkeeping Pricing Information 52

LimeTray

JANUARY 15, 2025

Managing a busy restaurant with a paper logbook or outdated cash register is a recipe for chaos. That’s why setting up a restaurant POS system for your business is the most crucial step in a restaurant’s operations, like food ordering, payment processing, inventory management, and customer relationship management.

POS Systems 52

POS Systems Accounting Training Bookkeeping 52

Lithos POS

FEBRUARY 19, 2023

By integrating your various business operations with a point of sale system (POS) the business can be more simple and powerful. Managing different functions of your business with 100% efficiency can be challenging. It is really hard to manage and keep your business operations efficient.

POS Systems 45

POS Systems Blog Accounting Marketing 45

Les Roches

JANUARY 18, 2024

Are you contemplating a career change or want to put your business degree to lucrative use? Have you considered the wide-ranging world of high-paying business degree jobs that can significantly increase your earnings? The intersection between business and hospitality can be a particularly rewarding area in which to work.

Accounting 52

Accounting Business Development Bookkeeping Marketing 52

LimeTray

FEBRUARY 2, 2025

What if youre managing a busy shift, and suddenly, the kitchen runs out of a key ingredient for your most popular dish? 10 Restaurant POS System Features and Requirements Checklist To operate your business efficiently, a restaurant POS system should simplify transactions, cultivate stronger customer relationships, and optimize operations.

POS Systems 52

POS Systems Scheduling Accounting Bookkeeping 52

7 Shifts

MAY 23, 2024

The restaurant business is one of the most competitive industries, and this shows in the fact that only 20% of restaurants succeed in the market. Your restaurant expenses may vary depending on various factors, such as the equipment you use, your business location, the size of your operation, and whether you own or rent your commercial space.

Budgeting 88

Budgeting Bookkeeping Accounting Scheduling 88

Modern Restaurant Management

AUGUST 5, 2020

TouchBistro Loyalty will give restaurateurs in-depth customer insights so they are able to deliver an exceptional guest experience, every time; drive more sales and encourage repeat visits by implementing powerful customer data-driven campaigns; and efficiently and effectively promote their business using sophisticated CRM and marketing tools.

Server 210

Server Marketing Bookkeeping Document 210

7 Shifts

JANUARY 7, 2020

The people you hire to run your restaurant can make or break the business. For example, a host might want to learn about management, or a line cook might be interested in learning about bookkeeping. Much like profit and loss, employee engagement is a metric that every restaurateur should be tracking regularly.

Bookkeeping 139

Bookkeeping Front of House Back of House Training 139

Modern Restaurant Management

DECEMBER 21, 2020

In the last year we’ve been able to really focus on growing our off-premise business, and we found that guests enjoy our home-style comfort food in the comfort of their own homes. We have helped restaurants grow their delivery business and retain more profit on each order. Relay Co-Founder and CEO Alex Blum.

Communication 180

Communication Marketing Bookkeeping Budgeting 180

7 Shifts

AUGUST 3, 2023

We spoke with Jason Elmassian, general manager of Hugo's Studio City, to learn about how 7shifts has changed their business. Problem Hugo's opened when bookkeeping was done in physical books. Hugo's is also a business that employs performers and artists who may need to cover a shift at the drop of a hat to catch an audition.

Scheduling 78

Scheduling Bookkeeping Communication Maintenance 78

EATER

MAY 4, 2021

While still working at Petty Cash, Valles started her own bookkeeping business, where she met Avila, a client who in 2017 would ask her to partner with him at Guerrilla Tacos. Support me and women like me who own businesses that are trying to make their way up, and don’t just go to the places owned by white men.

Bookkeeping 98

Bookkeeping Definition Budgeting Marketing 98

LimeTray

JANUARY 3, 2025

Thats exactly what a restaurant POS system can do for your business. The widespread adoption of restaurant POS systems is due to their industry-specific features that can help improve operations and other critical business aspects. In fact, according to recent reports, the mobile POS payments market is expected to reach 1.99

POS Systems 52

POS Systems Bookkeeping Accounting Reservations 52

Revenue Hub

JUNE 23, 2023

Rented’s revenue managers explain how to view your revenue management strategy not as a cost but as an investment, and how you can reinvest your time back into owner acquisition, operations, or other important facets of your business. Can you maintain an effective revenue management strategy without software?

Pricing 98

Pricing Bookkeeping Property Management Book 98

The Restaurant Times

AUGUST 5, 2022

Restaurant accounting is an integral part of operating modern-day restaurants and ensuring consistent growth in the business. Typical accounting methods have not been able to cope with the fast-changing demands of the restaurant business. Efficient Budgeting. You can also have a much clearer idea of future expenses as well as revenues.

Accounting 52

Accounting Bookkeeping Budgeting POS Systems 52

Modern Restaurant Management

JUNE 17, 2021

“We have strong momentum in our business and Hong Kong is a critical priority for our long term growth plans. "We wanted to offer franchisees a complete package through a streamlined process to prepare them for all aspects of the business from menu preparation to bookkeeping and marketing.

Marketing 172

Marketing Definition Catering Bookkeeping 172

7 Shifts

AUGUST 18, 2024

If, for example, you still rely on manually clocking out, consider a solution that digitizes the process and allows you to generate business data without having to wade through endless numbers. The restaurant business budget, concept, and restaurant size will inform your equipment needs.

POS Systems 148

POS Systems Scheduling Budgeting Pricing 148

7 Shifts

SEPTEMBER 16, 2024

Other possible reasons include wanting to retire or find new business ventures. If your business is priced too high, buyers may overlook it. Moreover, a correct valuation reassures buyers that your business is financially healthy, even with the restaurant costs that come with it.

Document 78

Document Accounting Pricing Information 78

Lithos POS

DECEMBER 19, 2023

Like all the business the business model also needs strategic planning to succeed. Management has a crucial role in the success of a business. Imagine your restaurant as a complex business where each part, from the kitchen staff to the front-of-house team, plays a crucial role in creating a premium dining experience.

Front of House 52

Front of House Scheduling Communication Bookkeeping 52

Synergy Suite

JUNE 6, 2023

This comprehensive guide will examine what restaurant accounting software entails, the benefits it offers, and the key factors to consider when choosing the perfect solution for your business and enhancing your restaurant’s financial efficiency and success. What is Restaurant Accounting Software?

Accounting 52

Accounting POS Systems Budgeting Bookkeeping 52

OpenTable

MARCH 1, 2023

There’s no real business casual standard for restaurants. Office setting Though servers and cooks are the first roles that spring to mind when thinking about restaurant jobs, there are many other positions in the business. Bookkeepers, communications people, HR professionals, and others work in this space.

Front of House 52

Front of House Server Back of House Bookkeeping 52

The Restaurant Times

JANUARY 18, 2023

Many software companies are now focusing on the restaurant business that offers solutions to enhance operations — from the customer experience to how the business runs. An accounting system becomes the critical bookkeeping tool in your restaurant’s information system arsenal by leveraging the power of a robust back-office system.

POS Systems 52

POS Systems Information Bookkeeping Scheduling 52

EATER

OCTOBER 25, 2024

Tensions start to rise when the restaurant’s bookkeeper discovers $800 some-odd dollars missing from the till and begins to individually question every employee. Very busy, very loud, and super aggressive. Their differences are again symbolic of larger ones. I went there because I heard the tips were really good, which they were.

Bookkeeping 120

Bookkeeping Front of House Back of House Kitchen Operations 120

7 Shifts

MARCH 11, 2020

You won’t have cash coming in until you open your doors, so you’ll have to depend on your life savings, investments, and loans to get you through your first few weeks or months of business. Professional services Opening a business without help is impossible. Opening a new restaurant comes with a lot of financial pressure.

Budgeting 141

Budgeting Scheduling Training Bookkeeping 141

EATER

MARCH 31, 2021

Surprisingly busy, actually. The tavern is the only business in Monowi, and running it is Eiler’s most important and longest-standing job. On those days, the tavern dark, she catches up on bookkeeping and other mundane tasks at home.) “I The guys are too busy ’cause it’s 99 percent farmers, and they’re always doing something.”.

Bookkeeping 133

Bookkeeping Book Accounting Pricing 133

EATER

AUGUST 17, 2020

Hospitality lawyer Jasmine Moy visits Eater’s Digest this week The biggest factor determining whether a restaurant or bar business can survive this pandemic — more important than pivots or its customer base or neighborhood — is the relationship between the tenant and the landlord. Photo by VALERIE MACON/AFP via Getty Images.

Beverage Operations 128

Beverage Operations Document Bookkeeping Communication 128