Running a restaurant used to be so much easier, didn't it? A busy kitchen, loyal customers, and a stack of handwritten orders were the heart of the operation. But evolution within the restaurant industry brings more complexities in the way of managing a modern experience.
The Core Features of Restaurant Management Software Every Owner Should Know
Oct 11, 2024 6:34:04 AM / by Team STO posted in Restaurant management software, best restaurant management software, Perfect Restaurant Management Software
Do not Make These 5 Common Mistakes in Your Restaurant Business Plan
Aug 30, 2024 11:56:02 AM / by Team STO posted in Hospitality Management Software, Restaurant management software, best restaurant management software, Restaurant management system
When it comes to restaurant management, having a sound business plan is essential for long-term success. Unfortunately, many restaurateurs make common mistakes when creating their plans, leading to trouble down the road. To ensure you do not make the same errors, it is important to know what mistakes restaurant owners makeand how to avoid them.
How to Leverage Data Analytics in Restaurant Inventory Management
Jun 20, 2024 7:10:05 AM / by Team STO posted in Restaurant management software, Restaurant Inventory, Restaurant Procurement Software, Data analytics for inventory, Data analytics
Running a restaurant involves managing many things, like making a good menu that sells and taking care of customers' needs. Among these tasks, having an effective way to handle stock is very important for success. Think about cooking a tasty meal without knowing what ingredients are available. Chaos, yes? This is where data analytics helps. With the use of data analytics in managing restaurant inventory, you can make operations smoother, decrease expenses, lessen waste and enhance efficiency greatly. But how exactly can you get this to work for you? Let us dive in.
The Impact of Economic Changes on the Hospitality Industry
Oct 25, 2023 10:48:00 AM / by Team STO posted in Hospitality Management Software, Restaurant Inventory Management, Restaurant management software, Hospitality Tips & Updates, stocktake online, Hospitality Industry Solutions
In times the hospitality sector in the UK has encountered hurdles and amidst these challenges, a recession has further intensified the situation. Let us delve into how this economic downturn has impacted the UK hospitality market and delve into how businesses have relied on tools like StockTake Online and restaurant management software to weather this storm.
#5 Strategies to Enhance Restaurant Performance Amid Uncertain Times
Oct 23, 2023 10:09:04 AM / by Team STO posted in Hospitality Management Software, Restaurant Inventory Management, Restaurant management software, Hospitality Tips & Updates, stocktake online, Enhance Restaurant Performance, restaurant tech, boost restaurant revenue, Hospitality Industry Solutions
In the ever-changing landscape of the #restaurantindustry, the ability to adapt and thrive during uncertain times is crucial. As #restaurants face challenges, such as fluctuating customer demands, supply chain disruptions, and unforeseen events, it becomes essential for owners and managers to implement effective strategies to boost their restaurant's performance.
Automate Recipe Calculations and Cut Low-Margin Items with StockTake Online
Oct 20, 2023 7:42:54 AM / by Team STO posted in Hospitality Management Software, Restaurant management software, best restaurant management software, Hospitality Tips & Updates, Best Recipe Management Software in the UK, menu costing, recipe management system, stocktake online, Automate Recipe Calculations
Running a successful restaurant requires a lot of work, but with StockTake Online, it just got a lot easier, especially during times of recession. What you need is a recipe management system that enables restaurant owners to automate their recipe costing and eliminate low-margin items from their menus, which is even more crucial in a recession.
#5 Tactics to Dampen The Effects of Inflation on Restaurant Profitability
Jun 22, 2023 2:25:54 PM / by Team STO posted in Hospitality Management Software, Restaurant management software, stock control software
Inflation can have a serious impact on restaurant profitability, but there are several tactics that restaurateurs can use to minimize the impact. StockTakeOnline's restaurant management software can help you take advantage of these tactics and ensure that your restaurant remains profitable despite inflation with proper management.
The Secret to Controlling Food Cost Variance and Increasing Revenue
Apr 20, 2023 9:01:35 AM / by Team STO posted in Hospitality Management Software, UK businesses, Restaurant Inventory Management, Restaurant management software
Whether you run a cafe, own a coffee shop, or are in charge of stocking your company’s kitchen with break room snacks, you probably know that one of the biggest costs in any business is food. It is one of the areas where cost variance can be most damaging to your operation and your bottom line.
WHAT TO EXPECT FROM THE RESTAURANT INDUSTRY - CHANGES IN 2023
Apr 14, 2023 11:10:28 AM / by Team STO posted in restaurants, Restaurant Inventory Management, restaurant industry, Inventory, hospitality industry, restaurants/bars, Restaurant management software, control/management
The restaurant industry is constantly evolving, and 2023 is no exception. With technology advancing at a rapid pace and customer preferences shifting, restaurants need to be prepared for some major changes in the year ahead. Here are a few key changes to expect in the restaurant industry in 2023, and how they will impact restaurant management and inventory control.