7 Shifts
DECEMBER 27, 2019
Did you know that the average American switches jobs every 4.2 years ? The average restaurant employee, however, change jobs every 56 days ! It’s a miracle that restaurants remain a significant part of the economy despite this major staffing problem. How does this revolving door affect the restaurant industry? Turnover creates more than just financial repercussions.
Modern Restaurant Management
DECEMBER 27, 2019
Deciding to make a service call isn’t always an easy decision. Your kitchen, or at least part of it, may be out of commission for a period of time. And if a unit is out of warranty, the repair may cost more than you anticipate. Despite the potential drawbacks, taking action and calling a service company can save you time and money in the long run.
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Modern Restaurant Management
DECEMBER 23, 2019
A portion of this article is included as a chapter in a new, 90+ page eBook – How to Start a Business from Scratch: Build a Successful Business and Turn Your Ideas Into Money. Grab your free copy here. If you’re thinking about opening a restaurant, you’d be joining a huge industry. There are more than one million restaurants in the United States and the industry projects $863 billion in sales in 2019.
Modern Restaurant Management
DECEMBER 27, 2019
This edition of MRM News Bites features NCR, Bloom Intelligence, The American Food Association, The Dinex Group, Performance Food Group Company, Appetize and Restaurant365, Snackpass, PAR Technology, Net Element, Sensory, GRIF, Picnic and El Pollo Loco. NCR Acquires Zynstra. NCR Corporation acquired U.K.-based Zynstra, a provider of edge virtualization technology.
Speaker: David Worrell, CFO, Author & Speaker
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Modern Restaurant Management
DECEMBER 26, 2019
Northern Chicago’s historical neighborhood of Logan Square has emerged as one of the city’s most popular hospitality districts. Milwaukee Avenue’s newest hot spot, The Old Plank, is owned by Esam Hani and is the seventh establishment he has opened within a three-block stretch. The sports bar is equipped with several TVs for sports viewing, garage style doors, an outdoor patio with fire pits, and locally brewed craft beer and cocktails.
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