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Restaurant Budgeting: How to Create A Restaurant Budget

7 Shifts

Managing a restaurant is not for the faint-hearted. A restaurant budget allows restaurant owners and managers to see directly if they are meeting their income and expense benchmarks. Promotes proactive decision-making Restaurant owners and managers must adapt quickly to be successful and retain their competitive advantage.

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How Much Does It Cost to Open a Restaurant?

SpotOn

Here, we'll discuss what you must consider when looking at the construction costs, equipment costs, interior design costs, and licenses and permits. Licenses and permits  Every restaurant business has a lengthy list of licenses and insurance needed to open, serve your guests, and protect your business.

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How to Open a Bar – 6 Expert Tips to Starting Your Own Bar

Harbor Touch

There are many things to consider when opening a bar, from the type of establishment you want to open to the licensing and zoning requirements in your area. There may be special licenses or permits you will need in order to open your bar. Obtain alcohol licenses and permits. Create an appealing atmosphere.

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Essentials of Payroll Accounting for Restaurant Groups, Part 1

Restaurant365

Your restaurant orders, receives, and counts food all in one system: your inventory management software. Your inventory management solution measures and stores all the information you need about your food cost. While there are many details surrounding your food cost data, the actual tracking is relatively simple.

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9 Restaurant Cash Flow Tips for Your Recovery and Beyond

Restaurant365

Comprehending your restaurant cash flow is essential to running your restaurant business. Cash flow refers to the amount of cash coming into your restaurant minus the amount of cash going out on a daily, weekly or monthly basis. Common factors that cause cash flow issues. Too much inventory.

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What You Need to Know About Using Commissary Kitchens

Xtra Chef

These fully licensed commercial kitchens allow you to produce meals in a safe, professional-standard food production facility, without having to shell out for a brick-and-mortar kitchen of your own. And you don’t have to worry about inspections and paperwork around commercial kitchen licensing and regulations. Licensing and Insurance.

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8 Things To Pay Attention To Before Starting Up A Food Truck

The Restaurant Times

When you start a food truck, you have to look out for state rules and regulations regarding licensing and taxes. Before you get started, here’s a list of necessary food truck licenses and permissions to think about: Business license. Vehicle license. It allows you to spend less cash each month. Source: LBB.