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The Best 10 Bar Inventory Apps in 2021
Managing a bar or a restaurant is not an easy job. In fact, managers have to juggle multiple responsibilities at once to keep the business thriving and one of the most important and time-consuming tasks is bar inventory. For many businesses in the hospitality field, managing bar inventory is crucial to the success of the…
Read More5 effective ways to increase bar profits quickly
Bars and restaurants revenue vary widely from one establishment to another. But one thing is certain and it’s that any bar owner can boost his/her average profit margin with proper bar management techniques. It doesn’t take a rocket scientist to know that while many customers come for the food, it’s actually alcohol sales that have…
Read MoreDecember 2020 updates
RapidStock web Version 10.25 New dark theme Added historical saving of product data Added csv export to the report page Add costing calculations and display to batch recipes Added the option to select variation when importing from the master database Add csv upload of sales for Veloce users Added a search field to the purchases,…
Read MoreHow to manage a bar inventory | Liquor inventory guide
Managing a bar inventory efficiently can be quite a challenge without the necessary knowledge and tools. For many businesses in the hospitality field, alcoholic drinks account for a significant amount of both revenues and costs so knowing how to manage your inventory is crucial to ensure the well-being of your business and optimize profits. Conducting…
Read MoreBartender training guide 2021
What is a bartender? It is often hard for customers to tell what it takes to become an excellent bartender. Also known as a barman or barmaid, this job requires proper training, a lot of passion and a continuous work on oneself. The bartender must be versatile and efficient to create a pleasant atmosphere and…
Read MoreWhat is a KPI?
KPI means: Key Process Indicator Why are KPI’s so important for my bar or restaurant? KPIs are important because they keep measurable objectives at the forefront of decision making. It’s essential that objectives are well communicated, so when people know and are responsible for their own KPIs, It ensures that the business’s overarching…
Read More10 KPI examples for your bar or restaurant
What is a KPI? Some say: -“If you can’t measure, you can’t manage” Read this article for our definition of a KPI Here’s a list of useful KPIs (Key Process Indicators) that can help you manage your bar or restaurant: Employee Labor Percentage Add up expenditures for all wages and salaries. Include bonuses, commissions, and…
Read MoreOctober 2020 release notes
RapidStock Web Version: 0.10.15 Switch Team – Manage many locations under a single dashboard UI improvement (Thanks Souk who recently joined the RapidStock team) Yan can now customize your preferred units for reports, recipes, and sizes. 2 new POS join the integration’s list: Cluster et TouchGo Report summary – the big numbers at glance on…
Read More5 tips for counting your bar inventory
1- Divide your bar into sections Here’s an example: Bar, Cellar, cooler, fridge, and stockroom. Dividing your bar or restaurant will allow you to: Count better with fewer errors. Understand where errors have occurred. Avoid having to start all over again when you’re interrupted. 2- Choose the right time Choose a moment when the place…
Read MoreInventory: From Chaos to Control
Running a restaurant is often chaotic. There’s just so much happening daily for an operator, in all areas of the business. And typically, that includes servicing customers in some shape or form. It’s just so difficult to take a step back to organize business systems when you’re managing employees (or those who haven’t showed up),…
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