Running any small business is a challenge, but independent restaurants are the one type of small business most likely to fail with a failure rate as high as 60 percent. Factors that contribute to the difficult nature of operating an independent restaurant include inventory and portion control, a larger-than-average number of employees to operate, and penetrating the market with … [Read more...]
Whether you’re at the earlier stage of entrepreneurship or your business has grown beyond these first teetering steps, the company cannot survive without its employees. They’re the backbone of the business – what makes it go! Without the right people with the necessary skillset and training, it’s like an anchor to the business, making it harder to run operationally and slowing i … [Read more...]
While there is much talk about ways of losing money in the restaurant business, in order to come on top of the harsh competition, restaurant owners today need to improve both their cost cutting and revenue-increasing programs. Here are some of the smart money-saving strategies for restaurant owners that don’t compromise the guest experience. Reduce the Waste Since an average r … [Read more...]
When you think of a point of sale (POS) system, you likely think of completing sales, transactions, returns, and refunds for customers. However, most modern day POS software is much more than a sales solution. In fact, POS systems offer a wide range of features including inventory management, customer information databases, loyalty programs, and even mobile device … [Read more...]
Once we are past the carefree days of childhood, we enter the daunting world of time management as an adult. Many lower and middle-class citizens have punched a clock for work one way or another, whether it was with a physical time card or the stroke of a key from a computer. No matter how advanced technology becomes, the average company will always need their employees to … [Read more...]
Running a successful business, of any size, means managing your workflow properly. This, more often than not, is easier said than done. Workflow, when it is truly effective, is like a well-oiled machine that keeps everything functioning smoothly and without hiccups. If workflow is not properly monitored or divided in such a way that everyone knows their responsibilities, parts … [Read more...]
Inspiring, organizing and, overall, leading people in the digital workplace is not the same thing as doing so in person. Displaying charisma over a message is substantially harder, monitoring their work is easier and less invasive, while coordination happens to go either way. In other words, leadership is not necessarily simpler or more difficult in the digital workplace, it’s j … [Read more...]
The issue of employee empowerment becomes more and more discussed every year. This topic isn’t simple. They must be able to share their ideas, however, few business owners can implement this approach in a right way. Most often, employees are willing to participate more actively. They know how they’d like to change policies and what working environment they want to create. On the … [Read more...]
When I worked for the courts, my supervisors held monthly staff meetings to go over any new policies and procedures that had been implemented, provide clarification on issues that had arisen, or address any situations that would have an effect on the office as a whole. However, I also know people who work for companies that have staff meetings daily. And I mean a lot of staff … [Read more...]
In today's world, the traditional roles of management are changing. You don't need to be in the office full time to keep your team productive. However, this is only possible if you use the right tech tips and tools. Here are five tips to keep your office running smoothly, even if you're on a beach or at a barbecue: Stress the Value of Results It is a big mistake to measure an … [Read more...]
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