Remove Food and Beverage Remove Information Remove Point of Sale
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AI Food Intelligence and Now Serving Democracy

Modern Restaurant Management

These include marketing, website development, omnichannel payments and point-of-sale (POS) solutions. "We're Tastewise, an AI-powered food intelligence solution, launched in the UK. ” “Tastewise has been incredibly valuable in helping us to uncover white spaces in the food and beverage industry.

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2025 Outlook: Experts Weigh In on Restaurant Trends and Challenges, Part One

Modern Restaurant Management

Steady Online Ordering Brings Food Waste, Donations to the Forefront of Priorities Ordering food online increases restaurant sales, but it also can potentially increase wasted food if proactive measures aren’t taken – for both the business and consumers at home.

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Quick Facts About the Restaurant Revitalization Fund (RRF) Process

Modern Restaurant Management

The RRF will provide tax-free grants for food and beverage venues that lost revenues in 2020. Eligible establishments include restaurants, food trucks, bars, breweries, wineries, and bakeries. For some business types, at least 33 percent of 2019 gross receipts must have comprised on-site sales to the public. Debt service.

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Evolving Technology for Restaurant Operations

Modern Restaurant Management

In early March at Oracle's Food & Beverage conference held prior to the COVID-19 outbreak shutdown, Modern Restaurant Management (MRM) magazine discussed the company's plans for products and services designed to help Mom and Pop restaurants with Chris Adams, VP of Strategy for Oracle F+B about their future plans in the above video.

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SBA Partners with Restech for Restaurant Revitalization Fund

Modern Restaurant Management

The program will allow eligible restaurants and other food establishments to access the RRF application or data they need to fill out the application through their point-of-sale (POS) service providers. Point-of-sale service providers who are interested in participating in this program should email restaurants@sba.gov.

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Don’t Get Burned By The IRS – Tax Tips for Restaurant Owners

Modern Restaurant Management

For example, if a fast-food restaurant is purchasing 16,000 chicken breasts per month for chicken sandwiches, but only reporting sales income equivalent to 8,000 chicken sandwich sales per month, that will be a red flag for the IRS that income underreporting may be an issue. Call a reputable tax professional!

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2023 Outlook: Trends and Challenges Restaurants Will See, Part One

Modern Restaurant Management

Restaurants will increasingly become more reliant on using their transaction data to inform and automate their businesses. Having a single supplier and point of support for all the store technology and payment processing functions also reduces administrative burden and risk.