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Restaurant Bookkeeping: Comprehensive Guide to Master Bookkeeping

7 Shifts

On the other hand, non-current assets (also referred to as long-term assets) are those that cannot be readily converted to cash. Here’s how you can do it: Cost of goods sold (COGS) The Cost of Goods Sold refers to the costs directly associated with preparing and serving the items on your restaurant menu.

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6 Ways to Find Exceptional Job Candidates

Society Insurance

While some companies worry that referrals will lead to unproductive employees, employees rarely refer someone they know who isn’t a hard worker. Consider implementing a referral program that incentivizes employees to refer candidates and receive a bonus if their referral is hired. Networking Events and Job Fairs. Job Boards.

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How To Open a Gym: A Guide for New Owners

Sling

What insurance is necessary? 8) Purchase insurance. That’s what business insurance is for. Speak with an insurance consultant, and find a plan that can help you protect your gym. 11) Hire employees. Hiring employees for your burgeoning gym business can be a daunting task at first. 12) Advertise your gym.

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How to Onboard Restaurant Staff: A New Hire Checklist for Restaurant Employees

Touch Bistro

A new hire checklist for restaurant employees can make the onboarding process easy and painless for all parties involved. Why reinvent the wheel every time a new hire joins your team when you can formalize the process? Your New Hire Checklist for Restaurant Employees. Get Your Employee Handbook Template. Download Now.

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Future of Food Delivery

Goliath Consulting

While in-house delivery models are great in that you get more control and own the transaction from beginning to end, an in-house delivery route would require you to pay upfront costs to hire drivers to deliver your food (7). Pros: Doubles as advertisement that increases exposure of your restaurant. Reference: [link].

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Restaurant Taxes: Top 12 Tax Deductions and Tips For Restaurants

Harbor Touch

You may qualify for a tax break if you hire individuals from certain groups such as veterans, the disabled, former felons, recipients of Food Stamps, residents of Empowerment Zones, individuals referred by vocational rehabilitation services, and more for the Work Opportunity Tax Credit. Explore Business Tax Credit.

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Who has the worst staff turnover? Restaurant Employee Turnover by City and State + Retention Playbook

7 Shifts

Showcase your core values in your employee handbook, new-hire training, job descriptions , and company careers page. Better yet—create a new copy each time to keep records of the staff meetings so you can go back to reference them. When we think about employee benefits, health insurance and retirement (401k) usually come to mind.