COVID-19-Related Government Budget Deficits May Spur Aggressive Payroll and Sales Tax Audits 

Modern Restaurant Management

Although the IRS and state taxing authorities have initially slowed their pace of audit activity to protect the health and safety of their own employees during these turbulent times, this is only temporary. Finance Law sales tax sales tax audits payroll tax

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Restaurants’ New Brand Challenge: Delivering a Consistent Customer Experience in an Inconsistent World 

Modern Restaurant Management

That approach begins with the judicious application of data from brand compliance audits. Restaurants rely on surveys and brand audits to provide valuable measurements, allowing management to assess standards across their locations and make adjustments when issues crop up.


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NTN Buzztime, Inc. Received Audit Opinion with Going Concern Explanation

Buzztime Business

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.

The Truth About Reality TV and Bar Ownership

Bar and Restaurant Coach

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? Reality TV has been great for bar consultancy firms like Barmetrix by introducing our services to the world. If nothing else, these popular shows have made people aware that running a successful bar operation is damn HARD.

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DoorDash and Postmates Pay Out More Than $350,000 to Seattle Gig Workers Due to Hazard Pay Law


Both companies conducted voluntary audits around compliance with the new mandate [link

How FreshCheq is Priced by Restaurant Owners, for Restaurant Owners


From there, features range from audits, checklists, scheduling, label printing and more. Audits for store inspections, EcoSure and Steritech self-audits. Our corporate portal for multi-unit operators ensures easy compliance over multiple locations and group reporting is included and allows you to schedule audits for store inspections, as well as EcoSure and Steritech self-audits.

How FreshCheq is Priced by Restaurant Owners, for Restaurant Owners


From there, features range from audits, checklists, scheduling, label printing and more. Audits for store inspections, EcoSure and Steritech self-audits. Our corporate portal for multi-unit operators ensures easy compliance over multiple locations and group reporting is included and allows you to schedule audits for store inspections, as well as EcoSure and Steritech self-audits.

What the New 1099-NEC (Nonemployee Compensation) Means for Your Restaurant Business


Accuracy in these numbers is key to remaining compliant in case of an audit. The IRS has always done audits for organizations on employment tax issues, which included reviewing Form W-9 and 1099 compliance. As a result, Form 1099 audits are becoming more common.

Top three procedures to help restaurants thrive


Additionally, the system’s Checklist function helps them manage daily food safety and operational tasks, as well as regular maintenance and audit procedures.

Ensure Your Parking Lot Is Safe for Outdoor Dining

Modern Restaurant Management

To make sure consumer health and safety is prioritized, operators should be auditing lots for quick repairs, adjusting signage to control traffic, as well as taking care of outside factors like city permits and permissions. Auditing Lots for Damage and Quickly Conducting Repairs.

SSAE 18: Why it’s critical in selecting a technology partner


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? Ask for their SSAE 18 documentation.

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Marketplace Collection Laws Present Unique Challenges for the Restaurant Industry

Modern Restaurant Management

Some of these marketplace collection laws were hastily enacted and state revenue agencies may still be issuing guidance, determining audit enforcement practices, and resolving practical implementation issues as they arise. Audits.

How to Expand Your Franchise: A 10-Step Roadmap for Restaurants

7 Shifts

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. Step 3: Choose a Location After auditing your current performance and checking in with those more experienced than you, you’ve decided to move forward with expanding your franchise.

Food Safety Practices in the Time of COVID-19

Modern Restaurant Management

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.

15 Super Helpful How-To Articles for the Restaurant CEO

Aaron Allen & Associates

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. Those who perform marketing audits shouldn’t just be able to answer “What are we doing?” Similarly, a modern restaurant brand audit requires much more than just auditing a company’s marketing efforts.


Culinary Cues

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. I have the privilege of working with many different restaurants and food businesses. Some are very successful, while others are hanging by a thread.

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New PPP Loan Insurance Covers Food Service Establishments if the SBA Later Finds They Were Ineligible for the PPP Loan Program

Modern Restaurant Management

What most recipients don’t realize, though, is that the SBA has a six-year window in which to audit a PPP loan recipient’s initial application for the loan. The SBA has said that it will audit PPP recipients to ensure these three requirements were met.

The 5 Things Food Vendors Don't Want You to Know

Embrace the Suck

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. Having worked as a consultant for a large foodservice distributor for 4 years, I learned a lot about their business. A lot of stuff they don’t want you to know!

Avoid Health Infractions and Improve Your Restaurant Letter Grade With BOHA!


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. They always show up unannounced, leaving employees to freak out anytime someone comes in wearing a backpack. One minor slip up can cost you hundreds, if not thousands in fines. Many brands have turned things around since implementing the BOHA!

Improving Restaurant Cybersecurity to Keep Your Restaurant Data Secure


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. Another key cybersecurity step is to conduct IT audits, including analyzing a store or restaurant chain’s back-of-house IT systems and front-of-house point of sale system.

Ultimate Restaurant Payroll Guide 2021

7 Shifts

Updating your payroll records in case of an audit. The Fair Labor Standards Act (FLSA) and IRS require businesses to keep three years of payroll records in case of an audit. Did you know that payroll/labor makes up almost one-third of a restaurant's operating costs ?

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Restaurant Menu Ideas That Maximize Your Profit Margin


As a restaurant owner, how often do you audit your menu to maximize profits? Simple adjustments to your restaurant menu can help increase profits during the pandemic.

Bar Inventory Programs: Are You Leaving Money on the Table?

Bar and Restaurant Coach

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. Often, people believe they are running an inventory program, or consider both practices one and the same. But, one will get your variance (or loss) down to less than 3%, the other, on average, will keep you between 15 – 20%. How to Make More Money in Your Bar Program.

Why Restaurant Accounting Software is Good for Your Business


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. This means auditing is not only simplified by the software but also expedited for faster results. The restaurant industry is one of the most fast-paced, with endless to-do lists.

Cut Labor Cost in One Easy Step

The Restaurant Expert

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?

Electrical Hazards and Safety Checklist for Restaurants

Modern Restaurant Management

Here is a 10-points checklist you can use to assess your current readiness and create a suitable plan for improving electrical safety: Routine audit of all electrical devices, equipment, fixtures and wiring.

145 – 2021 Restaurant Trends – Food, Marketing and Business


Make the most out of our Free Restaurant Website Audits to improve your website, avoid faulty practices, and attract more online sales. This is Part 3 of our Resto Trends 2021 series. Check out the previous episodes here: Episode 143- Restaurant Trends for 2021.

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146 – Restaurant Value Engineering


Book a free 15-minute no-obligation chat with one of our team and get a Restaurant Website Audits. Is Restaurant Value Engineering a better way to think about profitability in your restaurant?

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Cancel Culture in the Coronavirus Era – How Restaurants Can Avoid Public Shaming 

Modern Restaurant Management

Once practices are in place, restaurants can perform regular audits or review to ensure adherence. The pandemic devastated the restaurant industry.

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Want to Quickly Reduce Your Liquor Inventory Losses? Focus on Your Backdoor

Bar and Restaurant Coach

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. To take it one step further, the default-mode for most bar and restaurant operators is to attribute inventory loss to staff. If we’re not careful, we can wrongly place blame on our team members for over-pouring select guests, comping too many drinks, broken bottles, or outright theft.

Best Practices for Hospitality Marketing

Modern Restaurant Management

Conduct an internal audit of expenditure. Now is the time to pay more attention to your website, take advantage of the downtime your hotel may have to audit this too. The coronavirus pandemic has undoubtedly affected the world in so many ways, causing businesses everywhere to adapt to an unprecedented crisis.

Guest Blog: Tax Strategies as You Reopen Your Restaurant


CLA exists to create opportunities for our clients, our people, and our communities through our industry-focused wealth advisory, outsourcing, audit, tax, and consulting services. She also had a stint in public accounting at PwC in both audit and international SEC practices. While many American businesses have been impacted by COVID-19, the restaurant industry is among those hit hardest.

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143 – Restaurant Trends for 2021


Do forget to check out our free Restaurant Website Audits. We look at how COVID-19 has impacted the Restaurant Industry and how you can position yourself in 2021 to survive, revive and maybe even thrive in what has been for most Restaurants around the world, a truly awful year.

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Local SEO For Hotels: 11 Tips to Dominate Search (2021)


Audit Your Site’s Internal Linking. You can do a monthly review of your site traffic and conversion rates and audit the whole customer experience to check what aspects you can improve on.

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9 Best Access Control Systems in 2021


It’s a cloud and mobile-based access control option that provides digital keys for users, door access audits, credential enrollment, and remote access management, among other features. Multifamily properties have specific criteria to address when implementing an access control system.

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Predictive Scheduling Comes to the Windy City and City of Brotherly Love

Hot Schedules

Edits to Posted Schedule & Schedule Audit Report. The Schedule Audit Report provides documentation of schedule edits. Predictive Scheduling Comes to the Windy City and City of Brotherly Love. HotSchedules makes product enhancements to meet new city and state regulations that ensure customers remain compliant. s if this year hasn’t been complicated enough, 2020 also brought new Fair Work Week requirements for Philadelphia and Chicago.

Restaurants Save up to 10% on Food Costs by Reducing Waste


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. If there’s no one responsible for doing this food audits will be inconsistent at best, and impossible to perform at worst. 85% of Food in Restaurants Is Wasted According to the Food Waste Reduction Alliance, in the restaurant industry, about 85% of food ends up in the trash.

How to Streamline Human Resources and Payroll in the Restaurant Industry


There are some general areas to focus on when starting to audit your human resources information systems (HRIS) and payroll systems. Successful restaurant owners and operators don’t just provide great food.

Tips to Maximize Safety and Mitigate Risks During the Ongoing COVID-19 Pandemic

Modern Restaurant Management

Now is the time to implement self-audits and assessments to ensure compliance around safety and quality initiatives. There’s no denying that the restaurant industry has been one of the hardest hit due to the COVID-19 pandemic.

Four Ways to Streamline Reopening Procedures for Restaurants

Modern Restaurant Management

They also provide the added benefit of digital audit trails, should you need to validate your team’s compliance for any reason. We’re open. Have two words ever sounded so sweet? Restaurants owners across the country are cleaning, sanitizing, and organizing in preparation for reopening in the post-COVID-19 era. Though a handful of U.S.

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Restaurants Save Money with the Right Recycling Practices 

Modern Restaurant Management

Hiring a third-party to conduct a waste audit, set up a bin system and train staff can help you establish correct protocols and realize the full benefits of recycling.

The Rise of Sustainable Food Sourcing: Considerations for Seafood Restaurateurs

Modern Restaurant Management

Just like farmers in the organic revolution, fisheries and farms must invest in new processes and have their supply chain re-audited regularly to show that they are consistently meeting stringent certification requirements.

COVID-19 Fuels Growth in Organic Food Options

Modern Restaurant Management

There is a sophisticated auditing and reporting system that must be followed with the strictest discipline. COVID-19 has indelibly changed every aspect of our lives. Its influence has created challenges, restructured social settings, and redefined meanings of common words and phrases.