Modern Restaurant Management

JUNE 21, 2023

To ensure a healthy profit margin, a restaurant must manage five buckets, from the “Prime Cost” (food, beverage and labor costs) to “Overhead” (everything that is not food, beverage and labor) and Common Area Maintenance (building, taxes and insurance).

Maintenance 180

Maintenance POS Systems Pricing Presentation 180

7 Shifts

SEPTEMBER 6, 2024

The cost of goods sold (COGS) is a restaurant metric that shows you the cost of all ingredients used to prepare a menu item, including the food, beverage costs, and other direct expenses. Phil Gadd, owner of The Loaf Bakery, said their company saved on labor costs by 4% when they used 7shifts with their POS system.

Portion Control 78

Portion Control Pricing L&D POS Systems 78

OpenTable

OCTOBER 20, 2023

Transforming the space to match your restaurant’s theme can also impact the budget, as will acquiring your first round of food, beverages, and other essentials. Technology streamlines operations and makes everything that much easier, whether it’s using point of sale (POS) systems or a reservations platform.

POS Systems 52

POS Systems Budgeting Reservations Front of House 52

The Restaurant Times

OCTOBER 5, 2020

Gross Revenue is the sales revenue generated by selling food, beverages, and merchandise plus additional gains, i.e., income from a transaction that doesn’t come from regular business operations. Employ a POS system that comes with comprehensive recipe management and inventory management features. The formula is :

POS Systems 52

POS Systems Portion Control Training Procurement 52

7 Shifts

MAY 1, 2024

On a similar note, when searching for a modern cloud-based POS system to keep track of your sales, look for one that can be integrated into other restaurant software. Some of the best POS systems you can try include Toast, TouchBistro, and Square.

Bookkeeping 88

Bookkeeping Accounting POS Systems Scheduling 88

7 Shifts

AUGUST 26, 2021

Restaurant & Retail Revel(ations) by Revel Systems brings you a wealth of business insights and best practices from tenured leaders in the food, beverage and retail industry. Restaurant & Retail Revel(ations). Revel in the advice and perspective of hospitality leaders anywhere and anytime! podcast website.

POS Systems 78

POS Systems Server Marketing Blog 78

Synergy Suite

OCTOBER 5, 2023

It represents the total income generated from selling food, beverages, and other services. It’s important to keep detailed records of daily sales, which can be recorded through the point-of-sale (POS) system. Revenue is the lifeblood of any restaurant business.

Catering 52

Catering Information Events Labor Cost Controls 52