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[Guide] How to Implement Digital Tip Payouts at your Restaurant

7 Shifts

So, you've decided to implement a digital tip payout solution in your business—congratulations! Make sure to consider these key factors from both the administrative and employee perspective: Pricing: Consider whether the platform charges a flat fee (monthly or annual), a percentage of tips, or a combination of both.

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New & Notable: TEAM Schostak Celebrates 40, AI in Food Service and Beachy Tech

Modern Restaurant Management

TEAM Schostak Family Celebrates Anniversary and Employees. TEAM Schostak Family Restaurants (TSFR) is celebrating its 40th anniversary along with the anniversaries of employees that have been with the company for 20 years or more. New & Notable spotlights the latest news restaurateurs need to know.

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EZ PPP Forgiveness App and Yelp’s New COVID Help

Modern Restaurant Management

Did not reduce the salaries or wages of their employees by more than 25 percent, and did not reduce the number or hours of their employees; OR. Experienced reductions in business activity as a result of health directives related to COVID-19, and did not reduce the salaries or wages of their employees by more than 25 percent.

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Restaurant Accounting: The Ultimate Guide

Xtra Chef

The purpose is to help teams to better understand how accounting relates to the business of running a successful restaurant. Tip Handling. Restaurants choose or are held to different methods of tip handling. Instead, you’ll want to distribute it across multiple periods. Offering financial insights and advice.