In the service industry, we are trained from day one that “the customer is always right.” A successful bar or restaurant is wise to put this philosophy first, knowing that happy customers are returning customers, and the key to our bottom line. But in reality, there are many ways that we can put our profits […]
Now that the busy summer restaurant season has begun, the time for hiring more summer staff has also now arrived. With high school, college and university students out looking for summer jobs, restaurant and bar owners are now staffing their patios and extended hours with a larger roster of temporary summer help. But as minimum […]
If recent consumer trends are any indication, it’s only going to be more and more common that customers at your restaurant will request substitutions to the menu items they order. Be it allergies, intolerances, diet restrictions or just individual preference, the list of possible substitution requests is nearly endless – while the opportunity to prepare […]
A single outbreak of a foodborne illness in your restaurant could cost you millions of dollars according to new research. Regardless of the size of your establishment, one foodborne outbreak can lead to millions of dollars in lost revenue, fines, lawsuits, legal fees, insurance premium increases, inspection costs and staff retraining. The findings, based on […]
Can food waste make or break your restaurant business? It most certainly can. When you throw away food, you’re effectively throwing away money which can severely impact your bottom line. What you need is an efficient way to prevent food spoilage from happening in your restaurant by taking control of your inventory. Here are some […]
TracRite has been building and developing the most successful inventory software for over 18 years. Based in Canada, we’ve serviced restaurants worldwide with their state-of-the-art inventory software that is both easy to use and affordable. If you’ve taken a look at our website and are asking yourself “how do I know if Tracrite is right […]
How you manage your inventory can make or break your business. Effective inventory management control requires that your restaurant accurately tracks inventory stocks to make the appropriate purchasing decisions and to obtain stock at the optimal level of demand. If you’ve been side-sweeping your inventory management, here are five inventory control basics you might be […]
There are more reasons than one for why businesses don’t succeed. For a majority of failed restaurant businesses, they blame poor management and inventory practices as their demise. To ensure your business doesn’t suffer the same fate, check out these common bad inventory practices and what you can do to avoid them. Using Excel To […]
If you don’t have an inventory management system in place, the smallest oversights can quickly accumulate and start costing your business money. And one of the costliest mistakes you can make is to miscalculate your employees’ work hours. Sloppy records can lead to hefty losses that can even put your business out of service if […]
When you own a restaurant you never want to run out of food, but you also never want to have too much inventory. Having the right amount of stock on hand is crucial to maintaining your bottom line and driving profit. Keeping a large amount of inventory on hand can cost you more than just […]