What is restaurant management? If you’ve just opened a new restaurant, or you’re thinking about opening one, there are some obvious things you’ll need to succeed. A great location, and a clean, inviting atmosphere will help. Making and serving good food, every shift, every day is a must. You’ll also need a loyal customer base, … Continued
It’s little wonder that running a restaurant is considered a stressful career. Managing frequent deadlines, numerous staff, and demanding customers all day long are challenging but necessary parts of working in the restaurant industry.But when you also consider that profit margins are very narrow in the restaurant business, you’ll begin to appreciate why carefully tracking … Continued
QSR Magazine has published an article by our President and Chief Visionary, Jeff Hands, on how restaurant owners and managers can use variance to save more money on their bottom line. From understanding the basic formulas and concepts to using restaurant inventory management software, Jeff’s article tells you everything you need to know to make … Continued
Here’s a familiar scenario: the restaurant you go to piles 14 ounces of fries on your plate giving the impression of a huge meal and better value for your dollar. But in reality, most customers cannot eat this much, and some or most of the fries end up in the garbage. For the restaurant, this … Continued
Our President and Chief Visionary, Jeff Hands, has been featured in Modern Restaurant Management magazine. Read Jeff’s article on the importance of tracking and reporting all the ingredients and possible allergens on your menu — and how your restaurant inventory management software makes it easy and accurate: Allergens 101: Do You Really Know What Your … Continued
Are you using restaurant inventory management software for your food truck? If not, you might be making one of the biggest mistakes that could hinder the success of your business. In many cases, food truck owners don’t keep records of their purchase orders or sales receipts because they don’t store inventory and often make the … Continued
In a nutshell, a successful business is all about the numbers. Are you making enough money to cover your costs, pay your staff, and pay yourself? Can you save on any costs to make a profit, or to reinvest in your business to remain competitive? Are you charging enough for each menu item? Can you … Continued
If you’re going to run a successful restaurant business, there are a few management tasks you simply cannot avoid: counting your inventory, tracking your sales, and restaurant menu costing. Menu costing is particularly essential to protecting your bottom line. In the restaurant industry, your sale prices are your only source of revenue – to stay … Continued
So you’ve decided to ditch the pen and paper piles, or the DIY Excel spreadsheet, and upgrade your restaurant inventory management to the digital age. Congrats! This is a wise investment that could save your business thousands of dollars every year. Choosing from the myriad of software options out there today is your next big … Continued
After the rush of the holidays, but before the summer slam hits, you might find you have a slower season in your restaurant or bar. Many businesses in the hospitality industry experience a slow down in the first few months of the new year, as customers recuperate from holiday spending and retreat into their homes … Continued