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Contents contributed and discussions participated by Patrick Montesano

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Getting Your Food Truck Financials Under Control with QuickBooks | Mobile Cuisine | Gou... - 0 views

  • The hat that most food truck owners have the toughest time wearing is that of the financial manager.
  • There are a million ways money is moving in and out of your food truck, and it’s essential that you keep track of every penny. As the saying goes, if you can’t count it, you can’t manage it.
  • If you’re not a finance whiz, no problem—you can manage your business simply and effectively with QuickBooks, no accounting knowledge necessary
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    This article in Mobile Cuisine magazine warns food truck owners about the importance of having a grip on their financials. With all the other hats the owner must wear: buyer, manager, janitor, etc. it's important to have an easy to use resource for managing every penny that goes in or out of the business.  The author recommends QuickBooks because of its simplicity and reliability. 
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How to Keep Accounting Records for a Small Restaurant | eHow.com - 0 views

  • Handwritten ledgers are not the best option now that there are several inexpensive accounting software packages available.
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    How-to and Why instructions on restaurant accounting software packages. A step by step of how to install the software and getting operational in a restaurant setting. 
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Food trucks becoming upwardly mobile | Nation's Restaurant News - 0 views

  • Such innovations are aimed at a food-truck sector largely populated by small entrepreneurs with good reasons to embrace technology but little means to afford it.
  • The Simphony platform can be preloaded with tax information for all jurisdictions that trucks visit.
  • The system provides detailed reporting and business intelligence to operators and enables online credit authorization via the 4G/3G network. Because it is centrally hosted, stored data is never at risk even in the event of hardware failure on the truck. 29
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  • To make mobile management technology more accessible to truck operators, Mobi Munch recently incorporated the centrally hosted Micros Simphony point-of-sale system into its food-truck technology suite.
  • At the National Restaurant Association Restaurant, Hotel-Motel Show in Chicago recently, Mobi Munch showed off the LudoTruck, one of 28Los Angeles’ well-known mobile eateries, equipped with the 28Micros Workstation 5 running Micros Simphony, a cash drawer, thermal printer, SunTronic 42-inch high-brightness LCD and DT610 wireless tablet. The LCD displays video, static image marketing and streaming entertainment media. The Micros hardware, also used in demanding environments like cruise ships and trains, is free of moving parts apt to fail, like hard drives and fans, Soulakis said. 29
  • is testing a new POS system running on iPads in a few trucks, said co-owner Josh Hiller. In addition to handling sales, it manages inventory and staff scheduling for a price of about $2,500, he said.
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    Mobi Munch is an LA-based company that designs and builds food trucks. They have recently begun adapting and implementing digital age systems for their clients.  Among the innovations are POS systems built to survive the stresses of heavy transit, GPS systems for reporting of truck locations, and sophisticated video displays for customers. The Micros Simphony POS is now part of its food truck technology suite. Perhaps the most important upgrade is credit card authorization via the 4G/3G network because for many the norm was handwritten tickets.
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Flexibility the Essence of a Property Management System - WhaTech - 0 views

  • One of the important things to look out for when purchasing a property management system is the flexibility the application provides.
  • A PMS today is expected to work on a SaaS (Software as a Service) delivery model thus doing away with the process of installing the software to local computers. Today  hotel management software work from the cloud and can be accessed from anywhere in the world.
  • If a PMS is designed in a rigid manner that only produces accounts on a monthly basis, it may not work for you. You should be the boss on what you want and accordingly control the commands of the application.
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    A "what-to-look-for in a PMS" guide for any hospitality company planning to make the switch to cloud.  The article advises to insist on flexibility, multiple interfaces, and a system that allows for phone and even mail reservations. 
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Can restaurants go green, earn green? - USATODAY.com - 0 views

  • Restaurants are the retail world's largest energy user. They use almost five times more energy per square foot than any other type of commercial building
  • Nearly 80% of the $10 billion dollars that the commercial food service sector spends annually for its energy use is lost in inefficient food cooking, holding and storage
  • The average restaurant annually consumes roughly 500,000 kilowatt hours of electricity, 20,000 therms of natural gas and 800,000 gallons of water. Using the latest EPA carbon equivalents, that amounts to 490 tons of carbon dioxide produced per year per restaurant
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  • A typical restaurant generates 100,000 pounds of garbage per location per year, the Green Restaurant Association estimates.
  • the industry is responding to criticism and to new awareness that restaurants can save serious money by taking small steps:
  • "Everything that comes out of a restaurant could either be recycled or composted,"
  • "Yet, most restaurants don't do a good job of either."
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    The National Restaurant Association has implemented a new "green" restaurant initiative to persuade owners of the US's 945,000 restaurants to adopt measures to control energy use and waste. They have some celebrity firepower in billionaire Ted Turner, who owns Ted's Montana Grill causal dining chain. His restaurants use straws made from biodegradable paper, and the menus are printed on recycled paper, among other initiatives. The NRA makes recommendations like using LED lights, composting, installing low-flow valves, and using recycled materials. In practical terms, however, going green doesn't necessarily mean "making green." In a tough economy, most people won't pay for the extra costs of green initiatives. In a poll, just 29% of consumers said they would be more likely to go to a green restaurant. Those numbers make it difficult to convince a restaurateur to make that extra investment. 
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German ecommerce gives Diet Chef food for thought - Telegraph - 0 views

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    UK-based Diet Chef delivers ready-made low-fat meals to some 25,000 customers. With current sales of around 30m dollars in 2011, founder Kevin Dorren is planning an aggressive expansion into Italy, France and Germany.  Issues of payment methods (Germans don't use credit cards online), where to source ingredients, shipping to and from the UK, and whether or not it's blasphemous for an Italian to eat lasagna made in Britain are proving to be quite challenging. 
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Case study: Restaurant industry in the cloud - 0 views

  • By using Cloud Computing to improve the method in which they interact with customers, over 2,000 restaurants nationwide have been able to migrate to the clouds,
  • The London-based company's Software as a Service (SaaS) solution has allowed restaurateurs the chance to handle bookings, promotions and customer feedback through an online application accessed directly across the internet.
  • The application does away with the need for investment in previously costly hardware
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  • “What we’re seeing is a whole new delivery model, but the benefits for the customer is the direct savings involved.”
  • Livebookings have worked tirelessly on developing their mobile platform in recent months, and Colin Tenwick has found himself talking up Cloud Computing more and more as their system expands and other industries start to make the switch to the new IT infrastructure.
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    As it happens, the restaurant industry is leading the way in IT innovation. A UK-based online reservation provider called Livebookings will soon be rolling out a software package that will allow restaurants to manage their bookings, promotions and customer feedback in real-time. This allows restaurateurs instant data analysis of customer trends and behaviors, and gives them the ability to develop timely strategies to draw in new customers.  Before cloud computing, the need for a significant investment in IT meant restaurants were hesitant to use computing to interact with their customers. Now all they need is access to the internet. Going hand in hand with this new infrastructure is the development of mobile apps, which ultimately put the power in the customer's hands, or pockets, as it were.
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Fast Talk: Restaurant Software "By Waiters, For Waiters" | Fast Company - 0 views

  • It’s a restaurant management system. It handles everything from taking customers’ orders to modifying tickets as necessary, to handling discounts and gratuities, and processing credit cards. It can also handle inventory management, payroll, and get tip averages.
  • We charge a flat fee of $999 for the software
  • Most setups also involve an iPad, a cash drawer, two printers, and a credit card reader.
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  • You can download it for free from the App Store.
  • If users like it, then they call us and say, “I want to proceed, what do I do?”
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    Two former restaurant servers have developed software that provides an end-to-end point-of-sale (POS) system that allows taking and submitting orders, printing kitchen slips, customer receipts and processing payments-all using an iPhone, iPod touch or iPad. Ambur does not require a computer on the back end. Instead the hand-held device is the hub. The program can be loaded up by any iOS device and run on a wireless network. Waiters can easily fulfill customer requests right at the table. One drawback is that some customers have complained because they thought the waiter was texting on their iPhone.
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