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What Now? COVID-19 Survival Guide for Restaurants

Modern Restaurant Management

Restaurant Workers Community Foundation was founded in 2018 to advocate for gender equality, racial justice, fair wages, and healthy work environments in the restaurant industry. Click here to read more tips to help your business get through the pandemic from a financial point of view. and Canada. and Canada.

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

Notch

Below, you'll find a series of actionable tips, tricks, and strategies you can employ today to do exactly that! You made a 6% profit margin—or just shy of the 2018 industry average of 6.1%. For example, fast-food margins can be much higher than full-service restaurants. In 2018, Wendy’s saw a profit margin of 15.9%.

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

Notch

Below, you'll find a series of actionable tips, tricks, and strategies you can employ today to do exactly that! You made a 6% profit margin—or just shy of the 2018 industry average of 6.1%. For example, fast-food margins can be much higher than full-service restaurants. In 2018, Wendy’s saw a profit margin of 15.9%.

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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. He started his career with Hardee’s Food Systems in 1983 ending in the position of District Manager.

Food 173
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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. This action could involve reducing your monthly expenses—maybe by finding a new food supplier—increasing sales through a special promotion, or finding external financing for a cash injection. Tip Handling.

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Fast-Casual Academia, Climatarian Menu and Ice Auction

Modern Restaurant Management

The Hospitality Recovery Coalition includes DISCUS, the American Distilled Spirits Alliance (ADSA), the Council of State Restaurant Associations (CSRA), the National Restaurant Association and TIPs. The study also found that 8 million employees were laid off or furloughed during the height of the pandemic. US Foods Holding Corp.

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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.