Torqus | POS, Supply Chain & Restaurant Management Systems
Restaurant management system software that integrates with POS to take care of online orders, delivery tracking, restaurant billing and accounting, inventory and more. In this blog you will find restaurant marketing strategies, importance of supply chain management, restaurant trends and much more.
In a changing world, there are changing ways of taking an order at a restaurant. It is no longer as simple as going to an eatery, placing an order, enjoying your meal and paying the bill then and there with either cash or card. Today, we like to order in, and for this, we have a number of new online aggregators taking our orders, Zomato, Swiggy, Scootsy, FoodPanda and UberEats, to name a few. With […]
One of the toughest aspects of managing a restaurant is getting the right amount of stock for your kitchen. Too little might mean not being able to serve certain dishes and too much will mean wastage and consequently, losses. Calculating how much it costs to make a particular dish is tedious and tricky. Most recipes require over a dozen ingredients and most food materials have an ever-fluctuating price in the market. The best way […]
With the increasing demand and competition involving the hospitality sector, restaurants and hotels can no longer allow the daily grinds of their businesses affect their performance. In this digital age, manual management of such has become obsolete as it presents more opportunities for confusion. For that, the incorporation of Restaurant management software has become the foray for restaurants and hotels striving to prosper in profit and name. Here are some ways in which hospitality management […]
What is inventory cost? Inventory cost refers to the amount of your working capital that is being held up in stored goods. This includes fresh produce, frozen items, canned goods, and employee uniforms. If you purchased it for your restaurant, it’s inventory and if it’s sitting and not making a profit, it’s costing you money. Why is it important? Knowing what your inventory cost is important because it offers an overall financial overlook of […]
Starting a restaurant of your own can be daunting, especially if it’s a first time venture. However, there are a list of things you should keep in mind to ensure your restaurant adventure moves as smoothly as possible. Initial Investment The first question any new restaurateur would ask himself is of where he will procure the funds to start his restaurant. A lucky few have enough money stowed away and can self fund their […]
With the increasing number of restaurants, cafeterias and eating joints, the food service industry has seen tremendous changes in the past few years. Undoubtedly, peer competition has increased but what’s more concerning is the complexity to manage such a wide variety of perishable food items while ensuring that other parts of the business targets are consistently met. Restaurant Management Software has been helping reduce the burden by automating various tasks. With the demand for timely […]
The restaurant biz is quite short-term, restaurants opening up and shutting down every other month. However, there are some measures you can take with your own restaurant to ensure it is here to stay. Location Location, location, location! This can either make or break you in the restaurant business. The location would determine your rent, and perhaps even define the price range of your restaurant. It is important to also keep factors in mind […]
Touted as one of the unparalleled tax reforms of our economic history, the Goods and Services Tax (GST) has subsumed a number of indirect taxes, impacting the billing experience of every aam aadmi in the country. Restaurant bills that were earlier riddled with VAT, Service Tax, Krishi Kalyan Cess and Swachh Bharat Cess are now simply required to levy the GST. In the GST regime, restaurants are broadly divided into AC and non-AC, levying GST […]
Managing restaurant inventory is as complicated as it gets, but not if you know how to manage it with the right tools and tricks. Many restaurant owners admit to be doing a poor job at managing inventory, but its efficient management helps in cutting down many costs. So let us see how you can manage your inventory to instead gain profits! Order wisely – The key to cut down on food and inventory costs is […]
The most awaited decision on the Goods and Services Tax regime has made its way in 4 different slabs. While India marches towards the global league of ‘one nation, one tax’ policy by July 1st 2017, the government has made an attempt to subsume a web of local and central levies into one single tax. Thus the GST council that is being headed by the State and Central government has fixed rates for a host […]
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