7 Shifts
DECEMBER 11, 2019
A strong franchisor-franchisee relationship can be a thing of beauty. Clever marketing and strong branding from a restaurant’s corporate offices can boost sales for franchised restaurants. In turn, this gives franchisors more money from royalty fees, which creates a mutually beneficial cycle for restaurant success. However, with the highs usually come the lows.
Modern Restaurant Management
DECEMBER 13, 2019
Direct Mail Marketing has been around just about as long as mailbox service to homes has been. Barring an apocalypse, there will always be direct mail. That doesn’t mean, of course, that you need to use it to get the word out about your restaurant. I may own Our Town America, a national direct mail marketing franchise, specializing in reaching people who have just moved to the community, but I recognize there are other ways to market your business.
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Modern Restaurant Management
DECEMBER 11, 2019
How Multi-domain Data Governance Works from Farm-to-Fork. With the escalation of recalls in the food industry leaving a blizzard of regulation in its wake, it is becoming increasingly important that regulatory environments, legal restrictions or requirements, authorizations and accreditations, industry standard practices, and security over monitoring of activity is managed to ensure compliance – even as these mandates become increasingly difficult to understand, Implement or update.
Modern Restaurant Management
DECEMBER 10, 2019
Catering can be a great way to increase your sales during the holiday season. You already have the commercial kitchen, staff, customer base, and the economy of scale for bulk ordering so the cost of entry into catering should be relatively low. But before you dive in, understand that catering takes a great amount of planning and strategy. It’s vital that the challenges that come with feeding large numbers of people at ever-changing venues does not negatively impact your current business, c
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 13, 2019
They’re the restaurant’s human face: ensuring customers feel welcome, answering questions and bringing out each course with efficiency and charm. That’s right, we’re talking about waiting staff. Waiters and waitresses have always played a big part in the experience of eating out. However, in big cities with high property prices, good ones can be hard to find, never mind pay.
Modern Restaurant Management
DECEMBER 10, 2019
According to a study, 82 percent of small businesses fail due to cash flow problems. A cash flow shortage occurs when more money is flowing out of the business than is flowing into it. During a cash flow shortage, you might not have enough capital to cover your payroll or other operating expenses. When there is no proper plan or strategy in place for handling cash flow shortage, a cash flow crisis occurs.
Hospitality Management Today brings together the best content for hospitality management professionals from the widest variety of industry thought leaders.
Modern Restaurant Management
DECEMBER 9, 2019
Employee turnover is every employer’s nightmare. According to the Bureau of Labor Statistics , total turnover rates in 2018 were 44.3 percent, but that’s an average of all the industries. Total turnover for the hospitality industry was 76.7 percent in 2018. Every time a business replaces a salaried employee, it costs the business 6 to 9 months’ worth of that person's salary, according to the Society of Human Resources & Management.
Modern Restaurant Management
DECEMBER 12, 2019
The holidays may draw memories of home cooked meals and pies made from scratch, but that is quickly changing. With the introduction of food delivery services, consumers can have high quality meals delivered to them in no time at all. This means that they don't have to sacrifice great tasting food for their families over the holiday season while also saving themselves time and effort.
Modern Restaurant Management
DECEMBER 12, 2019
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. More Tropical in Colorado. Tropical Smoothie Cafe signed two multi-unit franchise agreements to develop 38 new cafes across the state of Colorado, including a 27-unit deal and an 11-unit deal.
Modern Restaurant Management
DECEMBER 13, 2019
This edition of MRM News Bites features NLRB, IHOP, Fourth, Ordermark, Chica’s Tacos, Thanx, Chowly and EZCater, Corner Bakery, Fountainhead Taproom and PourMyBeer and Epson America. NLRB Approves McDonald's Settlements. The National Labor Relations Board instructed an administrative law judge to approve settlements resolving complaints against McDonald’s USA LLC, McDonald’s Restaurants of Illinois, Inc., and 29 franchisees, based on violations allegedly committed by McDona
Speaker: Jennifer Hill
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
7 Shifts
DECEMBER 12, 2019
This post covers general information and does not constitute legal or tax advice — for advice specific to your business, be sure to consult with a professional. Running payroll for a restaurant can seem intimidating. All the taxes, timecard corrections, tip splitting, and IRS forms are a lot to handle. And while using a payroll processor certainly makes things easier, there can still be many steps to remember and lots of information to gather when you’re running payroll.
Modern Restaurant Management
DECEMBER 9, 2019
This edition of MRM News Bites features The American Food Association, Branch and Delaget, Restaurant Revolution Technologies, Popmenu, The Greene Turtle Sports Bar and Grille, ParTech, Casio America, Radobank, Koomi and Helios, Cudos, Postmates and TGI Fridays and Catania Oils. The American Food Association, the hosting organization for The Global Cuisine Awards (GCA), announces the winners of The 3rd GCA in five gourmet cities including New York, Los Angeles, San Francisco, Chicago and New Orl
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