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Restaurant Bookkeeping: Comprehensive Guide to Master Bookkeeping

7 Shifts

After all, a small, honest mistake can accumulate over time and turn into bigger operational problems— 17% of restaurants even fail in their first year due to mismanagement of finances. You should also segregate your cash sales and those made using credit cards.

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Who has the worst staff turnover? Restaurant Employee Turnover by City and State + Retention Playbook

7 Shifts

They offer work-life balance, flexible schedules, useful benefits, and operate on strong core values. 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%. Table of Contents. Restaurant Retention Data Study.

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How Restaurants Can Protect Themselves From Cyber Attacks

Modern Restaurant Management

A few months back, several Tim Hortons locations were forced to shut down after a computer virus infected cash registers at more than 1000 stores. Is the vendor’s security audited by a third-party company? In order to understand why cybersecurity is important for restaurants, you only need to scan the recent headlines.

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Restaurant Taxes: Top 12 Tax Deductions and Tips For Restaurants

Harbor Touch

The city and state where you operate your restaurant could have different sales tax requirements, and if you own multiple locations, it is even more important to be up to date on the different requirements. Seems like a no-brainer but maintaining solid files, both physical and electronic, are critical to managing your restaurant.

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7 Common Restaurant Payroll Mistakes

7 Shifts

Every department and all the operations around those departments need to work together seamlessly to ensure the smooth running of the business. Then, out of the blue, these labor audit folks showed up, and man, did they find a heap of issues. This is just like a restaurant, made up of its own interconnected components.

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Ultimate Restaurant Payroll Guide 2023

7 Shifts

Did you know that payroll/labor makes up almost one-third of a restaurant's operating costs ? Restaurant payroll is a system for calculating and managing the salaries of employees in a restaurant. Employers need to track hours, calculate wages, manage shift schedules , and maintain employee records.

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Which Grocery Chain Has the Best Health and Safety Policies for Its Workers?

EATER

Breaks are longer, and every other cash register is left empty to allow space between workers. To manage crowding, all stores are limiting the number of customers that can enter at once, as well as putting up “visual cues and in-store signage” encouraging distancing, and performing “daily audits to ensure compliance.”