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Restaurant Budgeting: How to Create A Restaurant Budget

7 Shifts

However, as a rule, the primary costs you can expect in running your restaurant are usually related to food, labor, and rent. Then, ensure you have clear and designated columns for income, costs/expenses like rent, hiring costs, and labor, to name a few, and of course, your sales. For a small business, this should be enough.

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Invest in Employees with Affordable Health Care

Modern Restaurant Management

Lack of health insurance isn’t considered one of the major reasons the hospitality industry has, according to the U.S. ” To me, that says employees aren’t feeling valued by the owners and managers of their restaurants. Many of the employees tell me that they appreciate that mental health is covered as well.

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What to Include in Your Restaurant Employee Handbook

7 Shifts

The words ‘employee handbook’ are enough to make any new hire quiver. Having to spend a shift—or even worse, your after-hours—reading through an employee handbook will sap the fun out of any new restaurant job. The introduction to your restaurant employee handbook Think of your employee handbook as a welcome to your restaurant.

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Four Things Bar and Restaurant Owners Should Consider in their Coverage 

Modern Restaurant Management

With the laundry list of everything bar and restaurant owners need to handle on a daily basis, proper insurance coverage should be top priority. Proper communication with the insurance agent about all the ins and outs of the restaurant can help set up the policy right from the get-go.

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Restaurant Bookkeeping: Comprehensive Guide to Master Bookkeeping

7 Shifts

Manage payroll on time Simplifying your restaurant’s bookkeeping process means efficiently managing the daunting task of settling salary payments, especially if you’re running huge operations and managing many employees. Many restaurants opt to hire part-time employees to avoid this expense.

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How To Hire And Retain Restaurant Staff In 2022

The Restaurant Times

Employee retention is the capacity of an organization to retain its staff. Retaining employees is a complex process, and it requires ongoing efforts. You’ve invested a lot in them, so removing them (or letting them go) would mean investing capital and beginning the new hiring program again. How to Hire New Staff.

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5 Reasons Why You Need a Restaurant Employee Handbook

SpotOn

Retaining your employees doesn’t just save you time reviewing applications , interviewing, and training but also money. Hiring a staff member costs almost $6,000 per month on average. A lot goes into a fantastic employee experience—including many factors outside of your control (looking at you, unruly guests).