ChowNow

MAY 9, 2025

Food Costs (COGS) Your food costs, or cost of goods sold (COGS), include everything that goes into producing your menu items, including: Recipe ingredients Beverages Condiments Disposables, like to-go containers, straws, and napkins Tracking your food costs percentage helps you understand how much of your revenue is being spent on your menu.

Operations 195

Operations Email Marketing Food Supply Seasonal Menu 195

Modern Restaurant Management

DECEMBER 17, 2020

Masks should be required, as per state guidelines for anyone not consuming food or beverages, and additional sanitizing and washing stations should be installed throughout the restaurant. Once practices are in place, restaurants can perform regular audits or review to ensure adherence.

Kitchen Safety 468

Kitchen Safety Food Safety Loyalty Program Audits 468

Modern Restaurant Management

DECEMBER 16, 2021

We’ll move towards a continuous quality model with more self-assessments and collaborative coaching vs. traditional onsite audits. Instead of an annual audit, organizations will leverage IoT and AI to increase data points and ensure recency in their knowledge of supply chain performance. The rise of collaborative coaching.

2022 450

2022 Food Supply Back of House Kitchen Safety 450

The Restaurant Group

FEBRUARY 23, 2025

Beverages and Alcohol Soft drinks, juices, beer, wine, and liquor. Perform daily spot checks for critical items.Conduct weekly audits for perishables. Complete monthly audits for long-term stock. Regularly Audit and Adjust Inventory Conducting Weekly and Monthly Inventory Audits: Weekly spot-checks prevent shrinkage and errors.

Inventory 88

Inventory Management Management Audits 88

Modern Restaurant Management

SEPTEMBER 2, 2022

This includes written content as well as images and videos of your food, beverages, atmosphere, and more. Improving your rankings may require a detailed technical SEO audit and cleanup process. Ensure There Are No Technical SEO Errors. Technical SEO errors can negatively impact your restaurant’s SERP rankings.

SEO 450

SEO Social Media Reference Point of Sale 450

Modern Restaurant Management

APRIL 11, 2023

Done right, it can be one of the best opportunities for restaurant brands to increase patronage and get hungry consumers to try their food and beverages and come back for more. Companies can benefit from the expertise of a third-party provider, well-versed in operational audits, VOC programs and the ins and outs of channel blurring.=

Customer Service 474

Customer Service Fast Casual Sustainability Customer Experience 474

Harbor Touch

MARCH 18, 2025

Ive seen audits flag too-generous pay compared to industry norms. Beverages: water, soda, liquor. Ask your accountant if Section 179 fits leases, too. Compensation: Balance Pay and Deductions Wages and benefits for your team are deductible. Overdo it, and the IRS might squint. Keep it reasonable. Kitchen gear: pots, ovens, blenders.

Point of Sale 138

Point of Sale POS Restaurant Law Equipment 138

Modern Restaurant Management

JULY 1, 2020

shows that consumers feel safer when hotels and restaurants raise their cleaning protocols to include hospital-grade disinfectants and third-party audits. Check clean through periodic on-demand training, auditing and verification that procedures have been followed. Fraud Rates Up.

2020 450

2020 Travel Food Safety Consumer Goods 450

EATER

JULY 24, 2020

The letter demands that the Foundation “[d]evelop short-term and long-term programmatic goals and initiatives that will support and demand equity within the food and beverage community.” Many chefs fundraise in order to cook dinner at the Beard House. The Foundation is also in the process of hiring for a Human Resources position. “I

Leadership 363

Leadership Hiring Events Audits 363

7 Shifts

SEPTEMBER 6, 2024

The cost of goods sold (COGS) is a restaurant metric that shows you the cost of all ingredients used to prepare a menu item, including the food, beverage costs, and other direct expenses. Strategies to accomplish this include conducting regular inventory audits, setting par levels, and negotiating better pricing with your suppliers.

2024 195

2024 Seasonal Menu Inventory Audits 195

Restaurant Business

JUNE 6, 2025

She will now oversee human resources, culture, legal, risk safety and security, internal audit, and facilities. By Restaurant Business Staff on Jun. 06, 2025 Facebook Twitter LinkedIn Staff illustration Papa Johns has named Caroline Miller Oyler the company’s chief administrative officer.

Fast Casual 147

Fast Casual Leadership Franchise Franchising 147

EATER

JUNE 2, 2023

The TL;DR is that there’s drama because the Foundation created a process to “vet” nominees accused of bad behavior, in place since 2022 following a massive audit, but the process is (unsurprisingly) flawed and plenty of people are pissed about it. The Foundation then proactively canceled the 2021 awards, instead dedicating itself to an audit.

2023 246

2023 Audits Social Media 2015 246

7 Shifts

FEBRUARY 12, 2021

A complete picture of both fixed and variable costs include labor, food and beverage, utilities, linens, equipment, supplies, technology, and even things like music licensing. Have there been any tax audits in the past three to five years? The restaurant seller should be able to provide you with a look at the restaurant’s books.

License 444

License Equipment Certification Take-out 444

ChowNow

SEPTEMBER 17, 2024

AP refers to the money a restaurant owes to suppliers for goods and services received, like food ingredients, beverages, and equipment. Ensuring proper documentation of all AP transactions makes it easier to manage audits and stay compliant with regulations.

Cash Management 195

Cash Management Document Restaurant Law Online Ordering 195

Paper Chase Accountancy

JULY 2, 2025

Staying Compliant and Audit-Ready The IRS, state tax authorities, and even local health departments have stringent requirements for financial record-keeping in restaurants. Neglecting regular financial updates can lead to significant penalties, interest charges, and the nightmare of an audit.

Cash Management 82

Cash Management Tip Distribution Point of Sale POS 82

EATER

MARCH 3, 2022

What many don’t know, though, is that these shops are almost always making their beverages with ingredients supplied by Herbalife, a multilevel marketing (MLM) company that sells dietary supplements, “nutritional shake mixes,” and protein powders. But they’re not auditing anything — the stores are growing way too quick for that.”.

Recruiting 313

Recruiting Small Business Social Media Consumer Goods 313

Modern Restaurant Management

APRIL 2, 2020

When a restaurant fails, the impact radiates across Main Street and affects an entire ecosystem of food and beverage providers, community banks, farmers, and many more,” said Chris Comparato, CEO of Toast. Checklist app automates daily food safety and operational task management as well as regular maintenance and audit procedures.

Employee Relations 516

Employee Relations Healthcare Online Ordering Customer Service 516

The Rail

MAY 23, 2024

You can start taking steps to reduce commercial waste by: Waste Audits : Regular audits will track your waste and help you identify potential areas for improvement. Audits ensure that the waste you produce ends up in the right recycling bins and is being repurposed whenever possible. Colorado The Alaskan Brewing Co.,

Sustainability 130

Sustainability Brewery Vineyard Audits 130

7 Shifts

MAY 1, 2024

For instance, you can record your food and beverage sales separately. They speed up your vouching process and help clear up any inconsistencies that could arise during the auditing process. Your aim is to keep your labor + food + beverage expenses at approximately 60% to 65% of the total sales.

Cash Management 221

Cash Management Employee Relations Inventory Beverage 221

7 Shifts

MAY 31, 2024

” Branding is often overlooked by food and beverage businesses, but establishing a strong brand identity is key to standing out in today's crowded marketplace. This SEO tool helps you audit and optimize your website, analyze your competitors, and track your search engine ranking. Price: Free (7-day trial), Pro - $129.95/month,

2024 221

2024 Marketing Email Marketing SEO 221

Paper Chase Accountancy

JUNE 16, 2025

To effectively manage the prime cost ratio, consider these strategies: Regularly track food and beverage costs. Audit Support: They keep records that can support business audits, helping to validate calculated ratios. It’s calculated by adding the cost of goods sold (COGS) and labor costs, then dividing by total sales.

Hotels 82

Hotels Hospitality Cash Management Restaurant Law 82

Paper Chase Accountancy

JUNE 16, 2025

To effectively manage the prime cost ratio, consider these strategies: Regularly track food and beverage costs. Audit Support: They keep records that can support business audits, helping to validate calculated ratios. It’s calculated by adding the cost of goods sold (COGS) and labor costs, then dividing by total sales.

Hotels 82

Hotels Hospitality Cash Management Restaurant Law 82

Modern Restaurant Management

MAY 7, 2021

“Our guests continue to demand access to truly healthy and delicious food and beverage products are served with smiles and speed." “We continue to innovate and rethink how consumers enjoy Coca-Cola beverages.

Franchise 433

Franchise Franchising Sustainability Fast Casual 433

Hot Schedules

OCTOBER 5, 2021

F ood and beverage suppliers play a key role in the success of your restaurant. Like any new relationship, the beginning can be harmonious and productive, but it takes constant effort to ensure your food and beverage suppliers remain Grade-A. Make Sure Your Food Suppliers are Grade-A. b3lineicon|b3icon-steak|? Related Posts.

Food Supply 137

Food Supply Food Mobile Ordering Hotels 137

Modern Restaurant Management

MARCH 11, 2020

This strategy builds on the tremendous success the company had this past year focusing on the food and beverage industry. GFCO is the only gluten-free certification that holds companies and products accountable through audits, random product testing and process surveillance.

Bar 386

Bar Cash Management Loyalty Program Point of Sale 386

Paper Chase Accountancy

JUNE 2, 2025

Regular Audits : Conduct routine checks to verify reported tips align with sales records. Regular audits are also necessary to verify the accuracy of the recorded data. Discrepancies between claimed and reported tips can lead to audit issues and penalties, highlighting the need for accurate record-keeping.

Tip Distribution 52

Tip Distribution Audits Cash Management Restaurant Law 52

Paper Chase Accountancy

MAY 30, 2025

IRS Audits: Inaccurate or incomplete records can trigger costly and time-consuming IRS audits, leading to significant penalties and fines. This provides a crucial insight into food and beverage costs relative to sales. Cash Flow Review: Review the weekly cash flow statement to ensure sufficient funds for upcoming expenses.

Bar 52

Bar Cash Management Point of Sale Back of House 52

Perfect Daily Grind

SEPTEMBER 2, 2022

The FNC says smallholder farmers will be the most affected by certain aspects of the country’s new tax legislation, such as a higher tax on “ultra-processed beverages” – including instant coffee products. Marco Beverage Systems to partner with Beyond the Bean at 2022 Caffè Culture. Wed, 31 Aug.

Government 167

Government 2021 Sustainability Sourcing 167

Modern Restaurant Management

JANUARY 8, 2024

– Lars Kristiansen , VP Food and Beverage of Oasis Marinas Next year, although getting better, I anticipate continued labor shortages to persist, impacting management, the kitchen and front of house. Lars recognizes the importance of convenience in the restaurant industry, but believes that elevated experience is key.

2024 539

2024 Loyalty Program Cash Management Customer Experience 539

Apicbase

AUGUST 29, 2024

For multi-site food and beverage businesses, maintaining operational excellence across all locations can be daunting. What Is Food and Beverage Management? Food and beverage management, often abbreviated as F&B management, involves overseeing the operations of establishments that serve food and drinks.

Beverage 52

Beverage Operations Management Management 52

Restaurant365

NOVEMBER 30, 2021

No matter what laws your restaurant group falls under, it is beneficial to prioritize recordkeeping and audit trails to demonstrate compliance with labor and pay regulations. With payroll software, you can have access to a full audit trail with information stored in a secure database. Conclusion. Ask for a demo of Restaurant365.

Restaurant Law 146

Restaurant Law Audits Point of Sale Insurance 146

Perfect Daily Grind

AUGUST 21, 2022

A 2017 report from the UK’s House of Commons Environmental Audit Committee found that only one in 400 single-use cups are properly recycled in the UK. He tells me that since the coffee shop joined the HuskeeSwap scheme, 75% of its beverages have been prepared in reusable cups. “As

Waste 186

Waste Recycling Compost Café 186

Lavu

MARCH 17, 2025

Monitor and Adjust Inventory Regularly Conduct weekly inventory audits. Tools like Lavu POS make this easier by automatically tracking ingredients (like chicken, buns, and lettuce) for every sale. Compare multiple suppliers to get the best prices. Establish long-term relationships for better discounts. Avoid overstocking perishable items.

Food 78

Food Waste Inventory Seasonal Menu 78

7 Shifts

AUGUST 18, 2024

Cost of goods sold is the raw material cost of your beverages and food, and labor cost includes actual labor, employee benefits, payroll taxes, healthcare, and bonuses. Audit and Improve Processes Analyze all processes such as inventory management and time clocking to see if you can make improvements to boost efficiency.

License 370

License Equipment POS Food Supply 370

Paper Chase Accountancy

JULY 10, 2025

Lastly, they should regularly perform financial audits, allowing them to identify and rectify any financial issues promptly. Internal Auditing: They conduct regular audits to ensure compliance with financial standards and regulations. Implementing a tip sharing system can also help reduce labor costs.

Cash Management 52

Cash Management Hotels Restaurant Law Small Business 52

Lavu

NOVEMBER 17, 2023

This low profit margin can be attributed to the high overhead costs associated with running a restaurant, including rent, labor, food and beverage costs, and utilities, often account for a major chunk of your expenses, making it challenging to increase your restaurant profit margin. 3 Ways to Improve Your Restaurant Profit Margins 1.

Fast Casual 138

Fast Casual Fine Dining Food Truck Loyalty Program 138

Lavu

JUNE 26, 2025

It includes all the cost incurred on food and beverage, payroll, taxes, and benefits). When properly done, this will also reduce the worry related to auditing of your financial reports. The gross sales are the total figure billed to customers in a day for food, beverages, alcohol and more. Use the appropriate tools.

2025 113

2025 Cash Management Point of Sale POS 113