Restaurant management

restaurants facing inflation | modern restaurant management

Inflation makes restaurant owners, chefs, and managers even more creative to keep costs down while providing exceptional customer experiences. NORMS Restaurants, a Southern California staple for over 72 years, was challenged to stay true to their brand and provide customers with a value proposition. Managers didn’t want to shift the burden of rising costs to […]

Restaurant management

Why restaurants are switching to smart packaging | modern restaurant management

We’ve all ordered our favorite dish online at least once from a local restaurant, and it was cold when it arrived at our doorstep. Events like this not only ruined our entire dining experience, but also prevented us from ordering food from this restaurant for some time. Restaurant owners try to solve this problem by […]

Restaurant management

The True ROI of IoT in Foodservice | modern restaurant management

“A penny saved is a penny earned.” No truer words have been spoken by Benjamin Franklin and it’s a mantra that resonates deeply for businesses in the restaurant industry, many of which are in recovery mode amid the COVID-19 pandemic. With exorbitant operating costs and razor-thin profit margins (averaging 3-9%), restaurateurs are constantly looking to […]

Restaurant service

Hurry for catering service models

Reading time: 5 minutes Embracing quick service business models is key to continued success in the restaurant industry The restaurant industry has faced its fair share of trials and tribulations since the onset of the COVID-19 pandemic, with establishments forced to adapt to government restrictions and strict health guidelines on the fly. Many restaurants have […]

Restaurant management

Restaurant owners foresee a bright future as gastronomy goes vegan | modern restaurant management

We are witnessing the evolution of gastronomy. Surprisingly, veganism is one of the main catalysts of this culinary transformation. Beginning as a whole-grain diet for radicals, vegan food culture has become a Michelin-star-worthy mega-trend for aspiring chefs and culinary experts. These days, vegan food is becoming common in restaurants and fast food outlets. Future Market […]

Restaurant management

How does inflation affect restaurants? | modern restaurant management

You can’t scroll through the news sites without seeing more articles on inflation, but does this mean for restaurants? Modern Restaurant Management (MRM) magazine interviewed expert Kathryn Petralia, co-founder of Kabbage, an American Express company, for her analysis of what restaurant owners need to understand about inflation. How does inflation affect restaurants? Changing costs always […]

Restaurant business

Why Company Culture Matters in the Restaurant Industry

The major transformation for restaurateurs by working with me is the change in their corporate culture. Have you heard people talk about corporate culture and why it matters? As a systems specialist who helps restaurant owners have a life and make money, I can tell you that the systems are the easy part. The part […]

Restaurant management

Restaurant POS Management Systems Market is Expected to Grow at a CAGR of 12.4% from 2017 to 2026

The major players in the Restaurant POS (Point of Sale) Management System market are now focusing on providing customized solutions to restaurant operators and owners based on their business activities. Additionally, some market players are offering innovative POS systems to stay ahead of the market. For example, Intuit Systems and Revel have partnered to develop […]

Restaurant management

The State of Full-Service Restaurants | modern restaurant management

Seventy-four percent of full-service restaurants (FSRs) managed to maintain or increase sales during the pandemic; however, profit margins in 2021 fell to 10% from 12% in 2019, according to third year Status of Full-Service Restaurants Reporting published by TouchBistro. Other findings include rising inventory costs causing the greatest financial pressure for operators in 2021, with […]

Restaurant management

How AI will save the restaurant industry | modern restaurant management

According to a study by the National Restaurant Association Research and Knowledge Group, the restaurant industry will likely look dramatically different by 2030. Within a decade, it could be possible for an individual to approach a drive-thru in a vehicle autonomously, order via an AI-powered voice command assistant and eat food prepared by robots. One […]

Restaurant management

Nigerian restaurant management platform Orda lands $1.1m and wants to be the toast of Africa – TechCrunch

Cloud-based POS for small, medium and large restaurants has increased Verry much in size and popularity. The market, dominated by incumbents such as Toast and up-and-coming players such as MarginEdge and Brazil’s Zak, is valued at over $70 billion worldwide and should to reach $116 billion over the next four years. As with most technologies, […]

Restaurant business

Marketing Strategies That Can Help You Start Your Restaurant Business

(Restaurant press release) You cannot build great things in one day. Many new restaurant owners believe their restaurant concept, exterior / interior design or menu is enough to attract customers. However, with so many dining options available these days, there’s a good chance that there are other restaurants with similar concepts near your restaurant. You […]

Restaurant management

Diversification of the franchise portfolio: trends take shape in 2022 | Modern restaurant management

The COVID-19 pandemic has caused a lot of chaos and accelerated several trends within the restaurant industry. From full service to casual fast food brands to old fast food brands, the only constant was disruption. Many brands have been able to take advantage of blocks and social distancing commands by shifting operations to drive-thru, delivery, […]

Restaurant management

Restaurant Design Trends 2022 | Modern restaurant management

The new year is about to begin and many restaurant owners will be thinking about a restaurant overhaul. Dozens of new restaurants are opening around the world every day, so it’s important that your establishment catches the attention of customers. In the race to become one of the most popular restaurants in your area, it’s […]

Restaurant business

Impact of COVID and its aftermath on restaurant businesses in Canada

La Falaise restaurant and bar COVID has brought a lot of changes to the way people eat, they’ve taken a big bite out of restaurant businesses in Canada. The Covid pandemic has taken a big bite out in the restaurant business, but with the holidays and the New Year ahead, we can see a reversal […]

Restaurant management

Bad Yelp review? Here’s how to answer | modern restaurant management

Customer service begins the moment someone enters your establishment. If your host doesn’t acknowledge the guest with a smile, it’s the beginning of a downward spiral that’s hard to reverse. Very often the greeter or host does a lot of things (delivering drink orders, serving tables) but the only thing they are not doing is […]

Restaurant management

Introducing 7shifts Academy: Free Online Restaurant Management Courses

Working in a restaurant, bar, cafe, or any other place that serves food and drink is a hectic and always-on career. You need to constantly think, make quick and informed decisions to keep your business running smoothly. On the 7 teams blog and social media, we seek to provide actionable and informative content to help […]

Restaurant management

2021: a year of navigation shortages | Modern restaurant management

It has been a difficult year for the restaurant industry. Restaurants have faced labor shortages, supply and equipment shortages, and rising food prices, without any manuals on how to weather the crisis. In other words, best practices are created in the moment and shared with others as collaborative ideas. Even as COVID-19 is increasingly controlled, […]

Restaurant business

UPXP leverages blockchain to revolutionize the restaurant industry

Enjoy your food, earn crypto UPXP Logo Breakthrough crypto project, UPXP, poised to challenge the status quo by bridging the gap between restaurant businesses and their customers Let’s break the rules together” —UPXP NEW YORK, USA, November 24, 2021 /EINPresswire.com/ — It looks like an unprecedented time in the global restaurant industry with the urgency […]

Restaurant business

Jackson restaurant, business owners say water problems cost them money

The city-wide boil water alert is taking money out of the pockets of Jackson’s restaurateurs and other businesses. The pandemic has already had an impact on their income, and now, every time the water goes out, the price of business goes up. At Green Ghost Tacos, it was another day without being able to rely […]

Restaurant management

Pandemic Financial Strategies for Restaurants | Modern restaurant management

For restaurateurs to enjoy the greatest financial and tax benefits, it’s important to assess individualized goals and decide what works best for your business. Working with an accountant familiar with the restaurant industry can be a crucial step in ensuring your restaurant survives COVID and is equipped to deal with any future crises. Financial improvement […]

Restaurant management

air quality in restaurants – an economic and environmental necessity | Modern restaurant management

Improving the air quality in restaurants can have an economic benefit, as customers will once again feel more confident about dining out. In addition, restaurants are under increasing pressure to correct emissions issues and provide a clean and safe environment for customers. Restaurants produce high concentrations of organic aerosols which are then ventilated and released […]

Restaurant management

Leveraging IoT Solutions to Protect Profit Margins | modern restaurant management

With profit margins averaging 3-9%, restaurants are continually looking to cut costs. How do restaurateurs find efficiencies to minimize costs without degrading quality or service? The industry has since entered recovery mode, but returning to pre-pandemic levels will not be easy. Consumers have shown interest in returning to restaurants, but it’s a slow march, not […]

Restaurant management

Best Practices for Mask Mandates and Conflicts | modern restaurant management

As new variations spread across the country, some states are once again encouraging mask-wearing. As a business owner trying to keep your restaurant open, you might consider requiring this for your customers. Unfortunately, not everyone agrees with wearing a mask. This can create instant tension in your establishment and conflict between your staff and customers. […]

Restaurant management

Using technology to fight the labor shortage | modern restaurant management

Every industry has felt the impact of labor shortages during the pandemic and now, as recovery efforts are underway, companies are struggling to recoup their employees quickly enough to meet the rising demand. request. Particularly affected by the shortage of staff, restaurants are struggling to overcome the employment crisis, with staff shortages felt in both […]

Restaurant business

Top 5 Technologies Used To Create A Robust Solution For Catering Businesses

Mobile app development has taken the whole world by storm, don’t you think? Today, every successful entrepreneur has a feature-rich mobile application; it helps them promote their business, reach more customers, interact with them and keep their brand in the current trend. All the app stores are inundated with billions of apps that users can […]

Restaurant management

Before Fire Prevention Week – Is Your Restaurant Safe? | modern restaurant management

Following the Great Chicago Fire that killed 250 people in 1871, President Woodrow Wilson proclaimed an annual week in October as Fire Prevention Week, now the longest-running celebration of public health and safety on record. Society Insurance has worked alongside restaurateurs for over a century, seeing firsthand the devastating effects a fire can have on […]

Restaurant management

The second time is the charm | modern restaurant management

Second-generation dining spaces are an increasingly popular and attractive option for landlords and tenants. The restaurant business is not for the faint of heart. It’s no secret that setting up a new restaurant is a tall order, with a high entry bar that includes formidable logistical and financial hurdles. From site selection to building a […]

Restaurant business

The American Dream: Chris Pappas builds on his family’s success in the restaurant business | Northwest Indiana Business Titles

Chris Pappas is Chef / Owner of the Meraki Hospitality Group. Chris Pappas is Chef / Owner of the Meraki Hospitality Group. Chris Pappas is Chef / Owner of the Meraki Hospitality Group. Chris Pappas is Chef / Owner of the Meraki Hospitality Group. Deborah Laverty in Business Correspondent Chris Pappas credits his father, a […]

Restaurant management

MarginEdge, a restaurant management software company, raises $18 million – TechCrunch

MarginEdge announced Monday that it has raised $18 million in Series B funding to give restaurant owners a real-time view of their costs. Co-founder and CEO Bo Davis founded the company with Roy Phillips and Brian Mills in 2015. Both Davis and Phillips are restaurant industry veterans: Davis was previously the founder of the sushi […]

Restaurant management

Looking to increase traffic to your restaurant? Try holograms | modern restaurant management

Rarely has there been a tougher time for restaurants than last year. Combining a shortage of customers and employees as a result of the COVID-19 pandemic with the continued stream of health code restrictions, restaurants are struggling to drive traffic and relevance within respective customer bases. Simply put, now that America is finally able to […]

Restaurant business

‘The 10pm deadline is tearing the restaurant industry apart’ | Delhi News

After facing massive losses during pandemic shutdowns, the hospitality and nightlife industry is still struggling to get back on its feet. As they try to stay afloat, while operating at 50% capacity, the main challenge they have faced is operating with almost no revenue while incurring operational costs. What definitely doesn’t help in this scenario […]

Restaurant business

This past terrible year could change the restaurant industry for the better | Opinion

By Peter Sedereas So much has been written about the challenges those of us in the restaurant business have faced over the past year. Like so many industries, the pandemic has taken a toll on our customers and staff, making things we took for granted that much harder. And yet, in some ways, many of […]

Restaurant business

Boost Your Restaurant Business With Five Local Marketing Tips | modern restaurant management

The pandemic has ravaged many businesses across the country and few industries have been hit harder than the restaurant industry. Thousands and thousands of restaurants have been forced to close for safety reasons, some permanently. Now more than ever, restaurateurs need to improve restaurant management to survive these uncertain times. Consumers and customers have changed […]

Restaurant business

Illegal home kitchens undermine restaurant business, Winnipeg cafe owner says

One weekday afternoon, the tables at Yafa Café are empty. The Portage Avenue cafe in Winnipeg, which sells Arabic food and sweets, has felt the brunt of government-mandated closures and a current provincial requirement that restaurant guests must be from the same household. But it’s not just restrictions meant to curb the spread of COVID-19 […]

Restaurant business

Restaurant, business owners concerned about Madison homeless shelter project | News

MADISON (WKOW) — A group of more than a dozen Asian restaurant owners are calling on the city of Madison not to place homeless shelters near their businesses. Dane County and the City of Madison hope the proposed facility will be a permanent shelter to replace the temporary location off eastern Washington. PetitionTo Elected OfficialsMadison […]

Restaurant business

The best restaurant business loans for 2022

Get unrestricted funds and round-the-clock loan approvals combined with responsive customer service. Fora Financial is a direct lender providing working capital to small business owners, including restaurant owners and food truck owners. Its one-page application and quick approval process make Fora Financial the best overall provider of restaurant business loans. With a short-term loan or […]

Restaurant business

SoCal Gas donates $50,000 to support Latino restaurant business education – NBC Los Angeles

Southern California Gas Co. announced Thursday a $50,000 donation to the Latino Restaurant Association to support two Feeding Frontliners campaign events and the nonprofit’s new Restaurant Recovery educational boot camp, which will provide training free trade to approximately 100 minority-owned restaurant owners. The first Feeding Frontliners campaign event funded by the utility’s donation was held […]

Restaurant business

Limited capacity could destroy restaurant business

When cases of COVID-19 were first reported in Memphis, Tennessee, in early March, Kelly English was quick to shut down dine-in service at her three restaurants. But on April 27, when Memphis Mayor Jim Strickland announced a tentative reopening plan for the city, which includes reopening restaurants to diners, English did not begin planning for […]

Restaurant business

Restaurant business trends to watch in 2020

Article contributed by Lianna Arakelyan There are constant changes happening in the restaurant industry that its stakeholders should be concerned about. This industry cannot stop the trends that are shaping its future. Last year, this industry fetched approximately $863 billion, compared to $825 billion in 2018. If the restaurant industry wants to continue this positive […]

Restaurant business

The restaurant industry in New York is much more than the center of the plate

Cars driving along West 43rd Street near Times Square, Midtown Manhattan, New York City Getty The restaurant business in New York is unlike any other business in the world. The rent structure, volume of business, minimum wage pay scale, spotlight and notoriety, third-party online ordering, celebrity chefs and delivery platforms, and ever-increasing regulations established by […]

Restaurant business

How to promote your restaurant

As the restaurant industry becomes increasingly competitive, promoting your small business is more important than ever. Business owners in the hospitality niche are turning away from traditional marketing channels and are beginning to use a range of unique promotional methods. With over 90% of consumers search for restaurants online before choosing a place to eat, […]