Mirus Reporter

This is the third entry in a series of blogs designed to evaluate the pros and cons of two approaches to restaurant performance management.  In the previous entries we defined the terms Above Store Reporting and Enterprise Data Warehousing (EDW).

Both methods are appropriate for restaurant companies, and the best fit for any individual company depends on that organization’s culture and how much they drive the business based on data.

This is the first of a series of posts on the topic of restaurant food costing and perpetual inventory systems, which in most cases are two parts of a typical restaurant back office (BOH) system.  I'd like to collect your input on today's question:

Franchise growth is often challenged by a lack of time, focus and reliable reporting. Your time is spent solving everyday problems, selling locations and assistance with site selections, training new franchisees and not to mention, answering numerous questions from your growing franchise community. As a result, your sales reports aren’t timely, the information coming in overwhelms you and then there’s a question about the validity of self-reported royalty numbers presented by the franchisees.

Another Bite Out of Your Restaurant Profit Margin

It’s certainly not easy to own and operate a successful restaurant chain in today’s day and age. Take for example, a recent story about a small restaurant that placed a "minimum wage fee" on their customer receipts. The move was intended to shed a light on the raised minimum wages. While some customers understood and sympathized with the owner, others reacted harshly. Perhaps this was not the best way to handle minimum wage hikes.

Between high food costs and energy inflation, the unavoidable losses due to fraud, potential increases in state unemployment taxes, the ACA and now the imminent wage increases, restaurant operators are fraught with worry, more than ever, over keeping their doors open and their businesses profitable.

What are Sparklines?

A Sparkline is a data visualization designed to give a quick representation of numerical or statistical information within a report. Microsoft has used this feature in their Excel spreadsheet software and Mirus has recently introduced it's own version designed for restaurant reporting.

Employee Spotlight:
Delyth Jones, Account Mannagement, Mirus Restaurant Solutions

At Mirus, we have an exceptional team of people that all strive to serve our clients in the best way possible. Our clients are our highest priorities and we understand that without their ongoing support, we would not be able to continue in any worthwhile direction.

Our clients love us and we love them right back! We're constantly amazed by their ingenuity and accomplishments. Their ideas and requests are what keep us on the leading edge of restaurant business solutions. Each month we shine the light on our clients, their accomplishments and what they're doing to increase their restaurant profit margin.

Recently, Mirus hosted an executive panel webinar presented by Burger King, Carl's Jr. and Red Robin Franchisees. They spoke eloquently about what spreadsheets were not showing them and what kind of BI solutions they currently use to drive revenue and examine data.

One thing became clear as they presented examples of how far they've come ever since they ditched the spreadsheets; they all manage their restaurant businesses by exception and achieve extremely successful results in both, finance and operations by doing so.

Mirus is proud to announce the release of N Step, a new restaurant analyzation filter. This will replace the current Mirus 2 Step filter.

Our clients love us and we love them right back! We're constantly amazed by their ingenuity and accomplishments. Their ideas and requests are what keep us on the leading edge of restaurant business solutions. Each month we shine the light on our clients, their accomplishments and what they're doing to increase their restaurant profit margin.