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Restaurant Accounting Basics

Lavu

Labor costs include salaried employees, hourly wages, benefits, taxes and tips. In Washington, for example, employers must pay employees a minimum of $12 per hour as of April 2019. requires that employees receive a minimum wage of $15 per hour, which is twice the national minimum. Tipped Employees. tipped employees.

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P.F. Chang’s To Go and Wing Squad Delivers

Modern Restaurant Management

PPX Hospitality Brands will manage two restaurant groups headquartered in metro Boston, the aforementioned Smith & Wollensky, and The Strega Group, a collection of Italian chophouses recently acquired from the Varano Group. This edition of MRM News Bites features Boston Market, Danu Partners, P.F. New CEO at Boston Market.

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Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

In 2016, the average net profit margin across the industry was a mere 3%. And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. As an owner-operator, your restaurant likely sits at the center of your life. So, why do it? Why run a restaurant at all?

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Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

In 2016, the average net profit margin across the industry was a mere 3%. And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. As an owner-operator, your restaurant likely sits at the center of your life. So, why do it? Why run a restaurant at all?

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Tyga Bites and Sushi with an Attitude

Modern Restaurant Management

and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform.

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MRM Research Roundup: Mid-December 2019 Edition

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the great gift of a restaurant gift card, learning about event professionals, top QSR traffic and digital ordering strategies. Holiday Traffic Not Enough. Topline numbers show robust restaurant sales growth during November. percentage points.”

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MRM Research Roundup: Mid-April 2021 Edition

Modern Restaurant Management

As consumers ramp up their event planning, operators should continue to leverage connected technology solutions to ensure the event booking and management process is streamlined and as user-friendly as possible. Event Planning Is Back. consumers to better understand their feelings about planning events in 2021.

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