The Restaurant Group

FEBRUARY 23, 2025

With a solid Restaurant Inventory Management system, your kitchen runs like a well-tuned engine, keeping operations smooth and your customers happy. What Is Restaurant Inventory Management? Improved cash flow by purchasing only what’s necessary. Key Components of Restaurant Inventory Management 1.

Inventory 88

Inventory Management Management Audits 88

Modern Restaurant Management

AUGUST 19, 2020

Modern Restaurat Management (MRM) magazine is collaborating with the team at MarketScale on The Main Course , a podcast that aims to explore the intense and competitive modern restaurant industry. "We Barbara Castiglia , MODERATOR – Modern Restaurant Management. The Main Course. Space is limited, so click here to register.

Kitchen Safety 515

Kitchen Safety Loyalty Program Delivery Customer Service 515

ChowNow

SEPTEMBER 17, 2024

Managing accounts payable (AP) for restaurants efficiently is vital to running a successful restaurant. From keeping up with invoices to negotiating better payment terms with suppliers, these steps can ensure smoother operations, improved cash flow, and stronger relationships with your vendors. Automation can be a game changer here.

Cash Management 195

Cash Management Document Restaurant Law Online Ordering 195

7 Shifts

AUGUST 18, 2024

But the challenges don’t stop there—once open you have to focus on improving processes, managing labor schedules, and controlling restaurant costs. Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. This is only a guideline.

License 370

License Equipment POS Food Supply 370

Lavu

NOVEMBER 29, 2024

Managing payroll manually in restaurants is time-consuming and error-prone. How to Start : Choose software with features like POS integration, tip management, and compliance tools. From front-of-house staff to kitchen teams, managing payroll requires precision, flexibility, and real-time solutions.

Tip Distribution 78

Tip Distribution Restaurant Law Employee Relations Cash Management 78

7 Shifts

SEPTEMBER 6, 2024

Whether you run a casual dining spot or a full-service restaurant, we’ll delve into what COGS is, the factors that affect it, as well as how you can calculate and control it. Efficiently managing labor can help you keep your restaurant COGS under control. What is cost of goods sold (COGS)?

2024 195

2024 Seasonal Menu Inventory Food Supply 195

7 Shifts

AUGUST 2, 2023

Restaurants without team management tools may miss out on top talent, like those who value tech: Gen Z. Reporting and tracking: These capabilities allow managers to analyze tip distributions, identify trends, and generate comprehensive reports for internal auditing and tax purposes—all without having to make their own spreadsheets.

Tip Distribution 195

Tip Distribution Cash Management Employee Relations Audits 195

Paper Chase Accountancy

MAY 30, 2025

Sample Bookkeeping for Restaurants and Bars: In the hospitality industry without precise record-keeping, even the most successful establishments can find themselves adrift, struggling with cash flow, compliance, and ultimately, profitability. Bookkeeping is the often-unsung hero, forming the bedrock of smart financial management.

Bar 52

Bar Cash Management Point of Sale Back of House 52

Paper Chase Accountancy

JUNE 2, 2025

While a seemingly small detail, the proper management of tips can significantly impact a restaurant’s financial health and its employees’ satisfaction. Non-compliance with tip tracking can result in legal issues, making investment in hospitality accountants vital for risk management.

Tip Distribution 52

Tip Distribution Audits Cash Management Restaurant Law 52

Harbor Touch

MARCH 16, 2025

Its about building systems that save time, cut costs, and keep customers happy. Well cover everything from automation to IT management, with examples tailored for POS users. Pull sales reports to see if slow days are dragging down cash flow, or check inventory logs to spot overstocking issues. Its low effort, high reward.

POS 78

POS Operations Cash Management Point of Sale 78

7 Shifts

MAY 15, 2023

While most restaurateurs are experts in hospitality and customer service, payroll makes many savvy business owners scratch their heads. Restaurant payroll is a system for calculating and managing the salaries of employees in a restaurant. Updating your payroll records in case of an audit.

2023 195

2023 Tip Distribution Audits Restaurant Law 195

Paper Chase Accountancy

JUNE 16, 2025

Outsourcing bookkeeping services can offer a plethora of benefits, from saving precious time to providing accurate financials tailored for the restaurant industry. It can help streamline cash flow and reduce overhead costs, all while ensuring compliance with ever-changing NYC tax regulations. Learn more about our Accounting Services !

Cash Management 52

Cash Management Restaurant Law Hotels Hospitality 52

7 Shifts

MAY 18, 2023

Then, out of the blue, these labor audit folks showed up, and man, did they find a heap of issues. And the audit was a pain in the neck—he had to dig out all sorts of paperwork and answer a million questions, which ate into the time he should have been spending running his place.

Restaurant Law 195

Restaurant Law Insurance Audits Cash Management 195

Paper Chase Accountancy

JUNE 16, 2025

These ratios provide valuable insights into operational efficiency, cost management, and overall profitability. Utilizing outsourced accounting services or hospitality-specific accounting solutions can help ensure accuracy and efficiency in profitability ratio analysis. Learn more about our Accounting Services !

Hotels 52

Hotels Hospitality Cash Management Restaurant Law 52

Paper Chase Accountancy

JUNE 16, 2025

These ratios provide valuable insights into operational efficiency, cost management, and overall profitability. Utilizing outsourced accounting services or hospitality-specific accounting solutions can help ensure accuracy and efficiency in profitability ratio analysis. Learn more about our Accounting Services !

Hotels 52

Hotels Hospitality Cash Management Restaurant Law 52

Paper Chase Accountancy

JUNE 12, 2025

Specialized accounting services provide strategic support for complex issues, aiding sustainable growth in the hospitality industry. The use of advanced technologies like AI and machine learning in financial management can unlock growth by providing real-time insights for decision-making. Learn more about our Accounting Services !

Hotels 52

Hotels Hospitality Cash Management Customer Service 52

7 Shifts

SEPTEMBER 19, 2022

The restaurants that are able to keep employees around treat the employee experience with as much regard as the customer experience, if not more. What about managers? Track and manage employee workload. What about managers? Managers fared a bit better than hourly employees—with a turnover rate of 28%.

Front of House 195

Front of House Back of House Cash Management Customer Experience 195

Paper Chase Accountancy

MAY 21, 2025

In the ever-evolving hospitality industry, success hinges on more than just exceptional service and delectable cuisine. They require specialized support that understands the intricacies of fluctuating revenues, high labor costs, and complex inventory management. Learn more about our Accounting Services !

Hospitality 52

Hospitality Sustainability Cash Management Hotels 52

Paper Chase Accountancy

MAY 30, 2025

This fundamental discipline, when expertly managed, ensures the financial health of restaurants and hotels, enabling them to thrive even in challenging market conditions. Learn more about our Accounting Services ! Just as the backbone holds up the body, so does financial accounting underpin the success of hospitality businesses.

Hotels 52

Hotels Hospitality Cash Management Restaurant Law 52

Modern Restaurant Management

FEBRUARY 19, 2020

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Checkers & Rally’s will continue its tradition of putting the customer first and serving its communities by delivering high quality, craveable food at exceptional values.

Franchising 305

Franchising Franchise Fast Casual Point of Sale 305

Paper Chase Accountancy

MAY 22, 2025

From setting up a system, managing labor costs, to forecasting and financial strategy, it’s all covered here. Key Takeaways Establishing a comprehensive restaurant cost accounting system is crucial for tracking profits, managing cash flow, and ensuring financial health. Learn more about our Accounting Services !

Cash Management 52

Cash Management Franchising Franchise Tip Distribution 52

Paper Chase Accountancy

MAY 20, 2025

What’s the role of outsourced services? Key Takeaways Restaurant bookkeeping requires specialized tools and systems, including management software, POS systems, and a well-structured chart of accounts. Learn more about our Accounting Services ! And how can financial data drive growth?

Cash Management 52

Cash Management Hotels Hospitality Point of Sale 52

Paper Chase Accountancy

JUNE 5, 2025

It’s a complex arena, where revenue management, cost control, and financial reporting intermingle with unique business elements such as seasonality, customer service, and the unpredictability of guest behavior. Learn more about our Accounting Services !

Hospitality 52

Hospitality Cash Management Hotels Restaurant Law 52

Harbor Touch

APRIL 17, 2018

Before you sign off and file your return, consider these 12 restaurant tax deductions and tips for restaurant owners to maximize the amount of money you keep and can put back into creating delicious dishes for your happy customers. The cost of the food you provide is deductible but staff time or the full cost of services is not.

Employee Relations 97

Employee Relations Insurance Point of Sale Food Supply 97

MBB Hospitality

AUGUST 5, 2024

Effective inventory services are essential for any business aiming to streamline operations, reduce costs, and improve overall efficiency. From retail to restaurant management, the right inventory solutions can make a significant impact on profitability and customer satisfaction.

Inventory 52

Inventory Audits Franchise Franchising 52

Xtra Chef

DECEMBER 11, 2019

Whether you are an executive chef, a seasoned restaurant finance executive, or an owner/operator who manages your own books, speaking the language of restaurant accounting will help keep all financial stakeholders on the same page. In Part 2, we’ll help you decide how best to manage accounting at your restaurant. Improve budgeting.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

Hot Schedules

JUNE 3, 2020

If HR and Payroll Services Aren’t Your Passion, Read This. Focus on what you do best and let us help you with the administrative headaches of managing HR and Payroll. . ou have a passion for providing great service, food that your customers crave, and experiences people want to repeat again and again.

Cash Management 78

Cash Management Restaurant Law Audits Customer Service 78

Harbor Touch

MARCH 16, 2025

Its about building systems that save time, cut costs, and keep customers happy. Well cover everything from automation to IT management, with examples tailored for POS users. Pull sales reports to see if slow days are dragging down cash flow, or check inventory logs to spot overstocking issues. Its low effort, high reward.

POS 78

POS Operations Cash Management Point of Sale 78

Harbor Touch

MARCH 16, 2025

Its about building systems that save time, cut costs, and keep customers happy. Well cover everything from automation to IT management, with examples tailored for POS users. Pull sales reports to see if slow days are dragging down cash flow, or check inventory logs to spot overstocking issues. Its low effort, high reward.

POS 78

POS Operations Cash Management Point of Sale 78

Lavu

MARCH 11, 2020

Understanding Restaurant Management Software. Among the technology offered today is restaurant management software. . If you’re in the beginning stages of looking for a restaurant management system , you might have multiple questions or concerns. Why do you need restaurant management software?

Management 78

Management Management Cash Management Mobile Ordering 78

MBB Hospitality

SEPTEMBER 15, 2024

Rising inflation poses significant challenges for businesses, from increased costs of goods and services to diminished consumer purchasing power. Strengthen Financial Management One of the most critical steps to stay in business during inflation is mastering financial management.

Cash Management 52

Cash Management Loyalty Program Customer Service Transportation 52

Ken Burgin

JULY 9, 2022

It also flows through to the quality of service and care of customers. Short points about your commitment to honesty and hard work, plus care and respect for customers and for the staff. Approachable management: someone in authority who staff can talk to if they notice things aren’t right.

Point of Sale 60

Point of Sale Cash Management Website Management Audits 60

Restaurant365

SEPTEMBER 30, 2019

Costly custom integrations require importing, exporting, and setting up third-party platforms to process invoices electronically. Operators can determine approval process routing through customized human intervention rules by location, vendor, category, or amount. This multi-system manual entry is unreliable and inefficient.

Audits 60

Audits Cash Management Mobile Ordering Point of Sale 60

The Restaurant Times

OCTOBER 12, 2020

In the restaurant industry, revenue management is of utmost importance. One of the primary goals of restaurant revenue management is to maximize the overall sales and focus on decreasing the costs. This greatly helps make vital decisions about menu price, service capacity, and table turnover to boost the overall revenue and profits.

Management 52

Management Management Cash Management Audits 52

BNG Point of Sale

SEPTEMBER 2, 2021

It is difficult to make a profit when you are trying to satisfy your customers with high-quality ingredients while at the same time not overcharging. Full-Service Restaurants . For a full-service restaurant, a net profit margin of between 3-5% is achievable. Fast Food And Quick Service .

Food Truck 52

Food Truck Loyalty Program Food Point of Sale 52

The Restaurant Times

FEBRUARY 22, 2022

When a restaurant wants to cater to certain customer segments, offer healthier menu options, maintain food safety and quality, and make other recommendations for their clients, such as which restaurant POS system is the best choice, food consultants are frequently employed. Kitchen Management . Source: HPG Consulting.

Hiring 52

Hiring Food Kitchen Safety Food Safety 52

Notch

JANUARY 23, 2019

For example, fast-food margins can be much higher than full-service restaurants. Full-service restaurants, in contrast, often have a harder time. But the margin for the full-service restaurants was even skinnier—at 1.8%. At the end of the shift, the manager would then inspect the contents of the food box.

Email Marketing 72

Email Marketing Merchandise Website Management Point of Sale 72