Posts Tagged “Restaurants”

Restaurant Bookkeeping Made Simple

eating at nice restaurant

Restaurateurs are good at running restaurants. What they are less skilled at is managing the books for their store. In order to keep the books like a well oiled machine, 5 things are necessary. 1. Chart of Accounts 2. Point of Sale 3. Payroll 4. Cash Control 5. Inventory Count 1. Chart of Accounts: First […]Read More

Best Delivery Service for Restaurants

breakfast sandwich

Over the past 5 years, the food delivery industry has grown by 20% making it a $100 billion-plus industry. The food delivery trend is here to stay, and many restaurants, big and small, are looking to grow their customer base to new and regular customers who prefer to stay in. Not sure where to start […]Read More

#Stopsucking and Go Green!

plant

It’s not a secret that most restaurants produce large amounts of garbage and use large amounts of water and energy. But consumers are starting to become more environmentally conscious, worrying about global warming and pollution. A study done by Purdue University found two thirds of today’s restaurant customers are willing to spend more if a […]Read More

Food Truck Industry Gets “Lean”

food truck image

In the technology community, the lean startup model is a common strategy used for new businesses. According to The Lean Startup, the lean startup method provides a scientific approach to creating and managing startups and get a desired product to customers’ hands faster. In lean terms, inexpensively creating a product that can be tested with […]Read More

Employee Retention for Restaurants

coffee barista

What makes a server want to stay at one restaurant vs another? We interviewed a server, Kenzie, at a popular downtown restaurant to find out! Question: What qualities made you choose to work at the restaurant your are currently employed at? Answer: “The company and the bosses are super nice and willing to talk to […]Read More

How Companies are Using IGTV

instagram icon

Instagram recently released a new feature on their app called IGTV that shows vertical full screen videos, up to an hour long, for the accounts you follow. Instagram’s CEO and Founder Kevin Systrom describes the feature as “Just like turning on the TV, IGTV starts playing as soon as you open the app. You don’t […]Read More

5 Tips for Customer Retention

eating at nice restaurant

In the restaurant industry especially, repeat customers make up a significant amount of your business. According to investor and entrepreneur Gary Vaynerchuk, the likelihood of a first time customer returning to a restaurant that they enjoyed, is about 40%. If they come back the second time and have another positive experience, there is about a […]Read More

Social Media Tactics for Restaurants

cell phone and scrabble tiles

How do people find new restaurants to try? Most people turn to the internet! While having a presence on sites like Yelp is a must, restaurants should also have a presence on social media. Whether you choose to use Facebook, Instagram, Twitter, or a combination of multiple popular social media sites, here are a few […]Read More

Common Mistakes of Restaurant Accounting

tax paperwork and calculator

Let’s say you have a great homemade pizza recipe and you want to open a restaurant. You’re a great cook, but you have no business experience. Restaurants are known to be one of the most difficult businesses to start. According to a study done by The Ohio State University, over half of all new restaurants […]Read More