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Restaurant Bookkeeping: Comprehensive Guide to Master Bookkeeping

7 Shifts

Table of Contents 5 easy steps to simplify bookkeeping in the restaurant industry Essential accounting and bookkeeping reports for restaurant owners and managers Identifying and reducing controllable costs in the restaurant business Should I outsource restaurant bookkeeping or do it myself?

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Franchise Compliance Guide: Laws + Agreements

7 Shifts

The FTC Rule largely pertains to franchisors supplying prospective franchisees with a franchise disclosure document – a document from franchisors providing 23 key information points to franchisees regarding need-to-know information about the business. Financing information. The previously referenced 23 fields of information.

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[Guide] How to Implement Digital Tip Payouts at your Restaurant

7 Shifts

Restaurants without team management tools may miss out on top talent, like those who value tech: Gen Z. Security and compliance: Any time banking information is involved, the protection of your restaurant and employee data is paramount. Training for managers will commence [X Date] and everyone else on [X Date].

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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. This is especially true when times are tough and managers are looking for ways to pay bills.

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Inflation Is Impacting The Restaurant Industry. Here’s How To Fight It.

7 Shifts

7shifts' collects and analyzes large volumes of restaurant data to help inform our machine learning systems that power our Optimal Labor Tool and other efficiency and time-saving features, like the Automatic Scheduler and Labor Cost Savings Calculator. Do an audit on your menu, and check individual item sales. Streamline your menu.

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What Are Standard Operating Procedures in Restaurants?

Crunchtime

Historically, operators have relied on paper checklists and field management teams to roll out and enforce their standard restaurant operating procedures and as part of their retail operations management. Standard restaurant operating procedures help staff and leadership do their jobs better and ultimately, make customers happier.

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2024 Outlook: Restaurant Trends and Challenges, Part Three

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits.

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