Expert insights. Personalized for you.
Audit for Compliance. In the current labor market, restaurant owners have to deal with a host of issues that make it increasingly difficult to schedule employees. Due to these trends, employers want to have as much flexibility as possible to schedule employees. MORE
For existing franchisors, services include franchise system best practices and benchmarking and organizational audits, improved franchisee support systems and franchise sales coaching. We can all use a little help, especially when it comes to pay taxes on our business, right? MORE
NYSE American: NTN) is required under the NYSE American LLC Company Guide to make a public announcement through the news media disclosing the receipt of an audit opinion that contains a going concern emphasis. Received Audit Opinion with Going Concern Explanation appeared first on Buzztime. CARLSBAD, Calif., March 24, 2020, — NTN Buzztime, Inc. MORE
You must, and I mean MUST, audit your timekeeping in your restaurant point of sale (POS) system. This audit will cut labor cost. If you want to cut labor cost, there is one place you can look right now. Check your employees’ pay rates in your POS system. When was the last time you did that? Never? Watch this video or read below to learn what I’m talking about and why it’s important if you want to cut labor cost. Time equals money! Want to cut labor cost? MORE
From there, features range from audits, checklists, scheduling, label printing and more. Audits for store inspections, EcoSure and Steritech self-audits. There are many ways that companies price the software that businesses use to manage food safety and their daily processes. MORE
SSAE stands for Statement on Standards for Attestation Engagements , which is overseen by The American Institute of Certified Public Accountants (AICPA) and more specifically the Auditing Standards Board (ASB). How do your technology partners show that you can trust them? MORE
E.g., robust data governance, data updates, system operations and controls are essential in preventing issues, notwithstanding any after the fact auditing and reporting on problem, with prevention being essential in today’s world where threats and regulations are constantly appearing. MORE
Improve your audit scores and remain compliant with BOHA! The Health Department’s decade-old practice of Restaurant Letter Grades isn’t what it seems. The appearance of a Health Inspector in your restaurant can be a frightening thing. MORE
Many, many small restaurants fall victim to failure to pay sales tax, Department of Labor audits on payroll, or overdrawn accounts due to poor money management. [] NOT PAYING ATTENTION TO THE COMPETITION. MORE
All approval process workflows are accessible through a centralized email or dashboard, and an audit log tracks all decisions. AP automation includes an audit trail, showing you every step of human intervention in invoices company-wide. MORE
First Things First: Waste Audit Without conducting a waste audit you will not know the amount of food waste you produce. Keep a journal and write down the results of daily waste audits. MORE
Look for energy and water conserving opportunities in your facility, such as those listed in our DIY kitchen audit guide. Claudia Pingatore, Energy Analyst. On Earth Day , we pay respect to the bounty and beauty of our world. MORE
Step 1: Audit Your Current Location(s) Before you start planning for your future, take a look at your past and your present. Still, you should conduct a thorough audit of your current restaurant(s) before expanding your business further. MORE
Restaurants, in particular, often fit the bill for fees and penalties, forensic audits to find out what happened, remediation costs, breach notification, lawsuits, brand damage and more, according to the National Restaurant Association. MORE
I will be very impressed if you tell me that you audited an MIT course (free), or know what openculture is. There is a large influx of people eager professionals who believe they are a restaurant management candidate, but few are qualified restaurant management candidates. The problem is, there is no set structure for becoming a restaurant manager. Some people move up the ranks. Some people finish 5 years of university and appear to ‘walk right into the job.’ MORE
What you want to ask for is margin instead of markup and you want it to be auditable. Get it in writing, and every six months ask for an audit to see if they are living up to the agreement. MORE
Spend Less Money on Food Restaurateurs who are serious about increasing their profits must conduct a complete supply-chain audit. As an owner-operator, your restaurant likely sits at the center of your life. It's not only your business and your livelihood— it's also your dream. MORE
customer complaints, audits, process specifications, etc.). Do you want to ensure your business meets customer needs and complies with state, federal, and local regulatory requirements? Implement a corrective action plan. MORE
Inventory management software solutions with smart spot count capabilities allow above-store leaders to audit items that usually have a high variance or high cost to hone in on what drives most of the discrepancies or concerns. This blog was originally produced for Hospitality Technology. In the world of restaurants, managers look forward to many things… but restaurant inventory management is practically never one of them. MORE
Inventory management software solutions with smart spot count capabilities allow above-store leaders to audit items that usually have a high variance or high cost to hone in on what drives most of the discrepancies or concerns. This blog was originally produced for Hospitality Technology. MORE
Whether you’ve embarked on a brand audit , a brand refresh , or a full-on turnaround, revitalizing a restaurant’s menu is one of the most complex — yet surest and fastest — ways to improve profitability. Margins are being compressed for restaurants and foodservice operators around the world. MORE
Last minute changes and the associated reasons will be reflected in the Schedule Audit Report. As Predictive Scheduling legislation spreads across the nation, we continue to build new features that help managers meet their compliance obligations. MORE
Don’t write over any of the data on the invoice—it really interferes with the audit process later. Often when we think of liquor inventory control, our minds go to behind the bar. MORE
As of March 18, 2020, the Food and Drug Administration (FDA) has suspended onsite audit requirements associated with the FSMA due to the COVID-19 (coronavirus) pandemic. FSMA audits are on hold for now, but when the crowds return so will the audits. Use this time to prepare your staff for audits. Restaurateurs and their employees don’t need anything else to worry about these days. MORE
At the end of the audit, you’ll know the variance, also known as shrink. Does your bar or restaurant operation have an inventory program or an ordering program? There are vast differences between the two. MORE
Some good examples of utilising external educators include engaging in hiring bias workshops, inclusivity seminars, regular health or café hygiene audits, and even coffee training classes to improve staff knowledge. MORE
They pride themselves on delivering meat that is farm-to-fork, pure and fresh seafood, score cards and third-party audits for field-to-your-cooler produce, and eggs and poultry products that meet stringent specifications. MORE
Sometimes, a simple audit of back-of-house processes or a sustainability audit of the front-of-house can reveal opportunities to not only reduce food waste, but also lower food costs. The season of giving thanks and celebrating with friends, family and colleagues is upon us. MORE
For existing franchisors, services include franchise system best practices and benchmarking and organizational audits, improved franchisee support systems and franchise sales coaching. The hospitality industry is booming so there is an increasing need for skilled hospitality employees. The customer is always the central focus for the hospitality employee so they really need to be passionate about giving the ultimate customer experience. MORE
While those in the financial and banking sectors often perform the due diligence on those deals, a firm with extensive restaurant experience and a deep knowledge base can deliver insights based on operational and commerical audits that might otherwise be passed over by a generalist advisor. MORE
A professional forensic audit of your business. Creating a risk assessment plan for your business may require obtaining a cybersecurity audit from a cybersecurity professional or consultant. Audit the number of systems your restaurant is running. MORE
They pride themselves on delivering meat that is farm-to-fork, pure and fresh seafood, score cards and third-party audits for field-to-your-cooler produce, and eggs and poultry products that meet stringent specifications. MORE
That’s why we begin every client relationship with liquor inventory audits audits over (usually) three consecutive weeks. Bar Operations Business Growth audit bar rescue inventory leadershipIs there anything better than binge-watching reality TV? MORE
How to Perform a Marketing Audit In today’s era of a rapidly increasing pace of change, many chains fail to perform periodic, top-to-bottom audits of their marketing objectives, strategies, and activities. MORE
Some common areas where creating a sound process can lead to improved efficiency include: Menu audits. Now that the new year is here, it’s the perfect time for restaurant operators to review their 2019 performance and identify areas that can be improved in 2020. MORE
Simplifies Auditing. A complete audit trail is provided from the source of information to the destination. If you are looking at a profit and loss item, you can move along the audit trail to confirm its accuracy in the original POS transaction. MORE
Consistently tracking prices and auditing vendors is an easy way to manage prime costs in a tricky labor market. Last month, Toast released its annual Restaurant Success Report report which provides a comprehensive look at where the restaurant industry stands today. MORE
From there, features range from audits, checklists, scheduling, label printing and more. Audits for store inspections, EcoSure and Steritech self-audits. There are many ways that companies price the software that businesses use to manage food safety and their daily processes. MORE
Third-party audit results can work in the same way. Are audit scores improving? For example, if there is an increase in the number of locations experiencing repeat fails on audits, a measurable KPI to establish may be to reduce the number of locations with repeat fails by 50 percent. MORE
If you are audited, and the IRS believes you are overcompensating employees based on other amounts reported within the restaurant industry, you may not be able to deduct them fully. With Tax Day approaching, many people are getting the final touches done on their submittals. With restaurant taxes , you have some special tax considerations that are different from other business types. MORE
Debra Murphy As I was working on my content audit , I came across a couple of posts on small business marketing trends for the years 2013 and 2014. MORE
Homeowners are able to request that their energy provider come in and do audits. This means that restaurant management and operations professionals may also want to hire or request experts to provide such an energy audit. MORE
Unsure of where to start, you kicked-off the process with an on-site sustainability audit. Not too long ago the journey to turn your restaurant into a sustainable establishment began. The results were shocking! Much to your surprise, the amount of food that was wasted could virtually feed a small nation.Trash was being tossed into the recycle bins, contaminating the truly recyclable items. Recyclable items were being thrown in the trash, substantially increasing your disposal fees. MORE
It also supports pre- and post-settlement auditing, batch settlements, and a 24-month archive of all transactions. Get a Free Ingenico iPP320 Chip Card Reader With Every New Hospitality POS System. 4/5/2018 – Harbortouch’s CEO Jared Isaacman announced today that every new Elite Hospitality or Bar & Restaurant POS system would come with a free Ingenico iPP320 EMV chip credit card reader ! The Ingenico iPP320 offers some great features to protect your business. MORE
Audits Related Topics Buzztime Business
MARCH 24, 2020
NYSE American: NTN) is required under the NYSE American LLC Company Guide to make a public announcement through the news media disclosing the receipt of an audit opinion that contains a going concern emphasis. Received Audit Opinion with Going Concern Explanation appeared first on Buzztime. CARLSBAD, Calif., March 24, 2020, — NTN Buzztime, Inc.
Bar and Restaurant Coach
SEPTEMBER 13, 2019
That’s why we begin every client relationship with liquor inventory audits audits over (usually) three consecutive weeks. Bar Operations Business Growth audit bar rescue inventory leadershipIs there anything better than binge-watching reality TV?
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FreshCheq
JANUARY 9, 2020
From there, features range from audits, checklists, scheduling, label printing and more. Audits for store inspections, EcoSure and Steritech self-audits. There are many ways that companies price the software that businesses use to manage food safety and their daily processes.
FreshCheq
JANUARY 9, 2020
From there, features range from audits, checklists, scheduling, label printing and more. Audits for store inspections, EcoSure and Steritech self-audits. There are many ways that companies price the software that businesses use to manage food safety and their daily processes.
Crunchtime
OCTOBER 3, 2019
SSAE stands for Statement on Standards for Attestation Engagements , which is overseen by The American Institute of Certified Public Accountants (AICPA) and more specifically the Auditing Standards Board (ASB). How do your technology partners show that you can trust them?
Aaron Allen & Associates
AUGUST 23, 2019
How to Perform a Marketing Audit In today’s era of a rapidly increasing pace of change, many chains fail to perform periodic, top-to-bottom audits of their marketing objectives, strategies, and activities.
7 Shifts
DECEMBER 3, 2019
Step 1: Audit Your Current Location(s) Before you start planning for your future, take a look at your past and your present. Still, you should conduct a thorough audit of your current restaurant(s) before expanding your business further.
|
Culinary Cues
DECEMBER 30, 2019
Many, many small restaurants fall victim to failure to pay sales tax, Department of Labor audits on payroll, or overdrawn accounts due to poor money management. [] NOT PAYING ATTENTION TO THE COMPETITION.
Modern Restaurant Management
MARCH 25, 2020
As of March 18, 2020, the Food and Drug Administration (FDA) has suspended onsite audit requirements associated with the FSMA due to the COVID-19 (coronavirus) pandemic. FSMA audits are on hold for now, but when the crowds return so will the audits. Use this time to prepare your staff for audits. Restaurateurs and their employees don’t need anything else to worry about these days.
Restaurant365
JANUARY 22, 2020
A professional forensic audit of your business. Creating a risk assessment plan for your business may require obtaining a cybersecurity audit from a cybersecurity professional or consultant. Audit the number of systems your restaurant is running.
Embrace the Suck
DECEMBER 25, 2019
What you want to ask for is margin instead of markup and you want it to be auditable. Get it in writing, and every six months ask for an audit to see if they are living up to the agreement.
Lavu
JANUARY 21, 2020
Simplifies Auditing. A complete audit trail is provided from the source of information to the destination. If you are looking at a profit and loss item, you can move along the audit trail to confirm its accuracy in the original POS transaction.
The Restaurant Expert
FEBRUARY 14, 2019
You must, and I mean MUST, audit your timekeeping in your restaurant point of sale (POS) system. This audit will cut labor cost. If you want to cut labor cost, there is one place you can look right now. Check your employees’ pay rates in your POS system. When was the last time you did that? Never? Watch this video or read below to learn what I’m talking about and why it’s important if you want to cut labor cost. Time equals money! Want to cut labor cost?
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Bar and Restaurant Coach
APRIL 2, 2019
At the end of the audit, you’ll know the variance, also known as shrink. Does your bar or restaurant operation have an inventory program or an ordering program? There are vast differences between the two.
Bar and Restaurant Coach
NOVEMBER 8, 2019
Don’t write over any of the data on the invoice—it really interferes with the audit process later. Often when we think of liquor inventory control, our minds go to behind the bar.
Xtra Chef
NOVEMBER 20, 2019
Sometimes, a simple audit of back-of-house processes or a sustainability audit of the front-of-house can reveal opportunities to not only reduce food waste, but also lower food costs. The season of giving thanks and celebrating with friends, family and colleagues is upon us.
Cheetah
SEPTEMBER 6, 2019
First Things First: Waste Audit Without conducting a waste audit you will not know the amount of food waste you produce. Keep a journal and write down the results of daily waste audits.
Xtra Chef
SEPTEMBER 20, 2019
Consistently tracking prices and auditing vendors is an easy way to manage prime costs in a tricky labor market. Last month, Toast released its annual Restaurant Success Report report which provides a comprehensive look at where the restaurant industry stands today.
Modern Restaurant Management
MARCH 20, 2020
Restaurants, in particular, often fit the bill for fees and penalties, forensic audits to find out what happened, remediation costs, breach notification, lawsuits, brand damage and more, according to the National Restaurant Association.
Hot Schedules
MARCH 25, 2019
Inventory management software solutions with smart spot count capabilities allow above-store leaders to audit items that usually have a high variance or high cost to hone in on what drives most of the discrepancies or concerns. This blog was originally produced for Hospitality Technology.
Restaurant365
SEPTEMBER 30, 2019
All approval process workflows are accessible through a centralized email or dashboard, and an audit log tracks all decisions. AP automation includes an audit trail, showing you every step of human intervention in invoices company-wide.
Hot Schedules
OCTOBER 23, 2019
Inventory management software solutions with smart spot count capabilities allow above-store leaders to audit items that usually have a high variance or high cost to hone in on what drives most of the discrepancies or concerns. This blog was originally produced for Hospitality Technology. In the world of restaurants, managers look forward to many things… but restaurant inventory management is practically never one of them.
Modern Restaurant Management
MARCH 16, 2020
Audit for Compliance. In the current labor market, restaurant owners have to deal with a host of issues that make it increasingly difficult to schedule employees. Due to these trends, employers want to have as much flexibility as possible to schedule employees.
MBB Hospitality
OCTOBER 2, 2019
For existing franchisors, services include franchise system best practices and benchmarking and organizational audits, improved franchisee support systems and franchise sales coaching. We can all use a little help, especially when it comes to pay taxes on our business, right?
Perfect Daily Grind
AUGUST 18, 2019
Some good examples of utilising external educators include engaging in hiring bias workshops, inclusivity seminars, regular health or café hygiene audits, and even coffee training classes to improve staff knowledge.
Modern Restaurant Management
DECEMBER 6, 2019
Third-party audit results can work in the same way. Are audit scores improving? For example, if there is an increase in the number of locations experiencing repeat fails on audits, a measurable KPI to establish may be to reduce the number of locations with repeat fails by 50 percent.
Modern Restaurant Management
JANUARY 13, 2020
Some common areas where creating a sound process can lead to improved efficiency include: Menu audits. Now that the new year is here, it’s the perfect time for restaurant operators to review their 2019 performance and identify areas that can be improved in 2020.
Aaron Allen & Associates
MARCH 2, 2019
While those in the financial and banking sectors often perform the due diligence on those deals, a firm with extensive restaurant experience and a deep knowledge base can deliver insights based on operational and commerical audits that might otherwise be passed over by a generalist advisor.
Aaron Allen & Associates
MARCH 9, 2019
Whether you’ve embarked on a brand audit , a brand refresh , or a full-on turnaround, revitalizing a restaurant’s menu is one of the most complex — yet surest and fastest — ways to improve profitability. Margins are being compressed for restaurants and foodservice operators around the world.
Sling
JANUARY 29, 2020
customer complaints, audits, process specifications, etc.). Do you want to ensure your business meets customer needs and complies with state, federal, and local regulatory requirements? Implement a corrective action plan.
Harbor Touch
APRIL 17, 2018
If you are audited, and the IRS believes you are overcompensating employees based on other amounts reported within the restaurant industry, you may not be able to deduct them fully. With Tax Day approaching, many people are getting the final touches done on their submittals. With restaurant taxes , you have some special tax considerations that are different from other business types.
Hot Schedules
OCTOBER 5, 2018
Last minute changes and the associated reasons will be reflected in the Schedule Audit Report. As Predictive Scheduling legislation spreads across the nation, we continue to build new features that help managers meet their compliance obligations.
Modern Restaurant Management
DECEMBER 11, 2019
E.g., robust data governance, data updates, system operations and controls are essential in preventing issues, notwithstanding any after the fact auditing and reporting on problem, with prevention being essential in today’s world where threats and regulations are constantly appearing.
Gecko Hospitality
JANUARY 9, 2018
I will be very impressed if you tell me that you audited an MIT course (free), or know what openculture is. There is a large influx of people eager professionals who believe they are a restaurant management candidate, but few are qualified restaurant management candidates. The problem is, there is no set structure for becoming a restaurant manager. Some people move up the ranks. Some people finish 5 years of university and appear to ‘walk right into the job.’
Sustainability Beyond the Plate
APRIL 21, 2017
Look for energy and water conserving opportunities in your facility, such as those listed in our DIY kitchen audit guide. Claudia Pingatore, Energy Analyst. On Earth Day , we pay respect to the bounty and beauty of our world.
Marketman
JUNE 18, 2019
Unsure of where to start, you kicked-off the process with an on-site sustainability audit. Not too long ago the journey to turn your restaurant into a sustainable establishment began. The results were shocking! Much to your surprise, the amount of food that was wasted could virtually feed a small nation.Trash was being tossed into the recycle bins, contaminating the truly recyclable items. Recyclable items were being thrown in the trash, substantially increasing your disposal fees.
50 Mistakes
JANUARY 1, 2020
Debra Murphy As I was working on my content audit , I came across a couple of posts on small business marketing trends for the years 2013 and 2014.
ChefHero
JANUARY 23, 2019
Spend Less Money on Food Restaurateurs who are serious about increasing their profits must conduct a complete supply-chain audit. As an owner-operator, your restaurant likely sits at the center of your life. It's not only your business and your livelihood— it's also your dream.
Harbor Touch
APRIL 5, 2018
It also supports pre- and post-settlement auditing, batch settlements, and a 24-month archive of all transactions. Get a Free Ingenico iPP320 Chip Card Reader With Every New Hospitality POS System. 4/5/2018 – Harbortouch’s CEO Jared Isaacman announced today that every new Elite Hospitality or Bar & Restaurant POS system would come with a free Ingenico iPP320 EMV chip credit card reader ! The Ingenico iPP320 offers some great features to protect your business.
MBB Hospitality
APRIL 25, 2018
For existing franchisors, services include franchise system best practices and benchmarking and organizational audits, improved franchisee support systems and franchise sales coaching. The hospitality industry is booming so there is an increasing need for skilled hospitality employees. The customer is always the central focus for the hospitality employee so they really need to be passionate about giving the ultimate customer experience.
Marketman
JULY 7, 2019
They pride themselves on delivering meat that is farm-to-fork, pure and fresh seafood, score cards and third-party audits for field-to-your-cooler produce, and eggs and poultry products that meet stringent specifications.
Marketman
JULY 7, 2019
They pride themselves on delivering meat that is farm-to-fork, pure and fresh seafood, score cards and third-party audits for field-to-your-cooler produce, and eggs and poultry products that meet stringent specifications.
24/7 Waiter
JUNE 2, 2017
Homeowners are able to request that their energy provider come in and do audits. This means that restaurant management and operations professionals may also want to hire or request experts to provide such an energy audit.
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