Harbor Touch

MARCH 16, 2025

Well cover everything from automation to IT management, with examples tailored for POS users. error rates (too many typos in orders?), Pull sales reports to see if slow days are dragging down cash flow, or check inventory logs to spot overstocking issues. Tweak your inventory management to match. Think ahead.

POS

Paper Chase Accountancy

JULY 24, 2025

These books aid in tracking sales, managing payroll, and handling expenses accurately. Why Restaurant Accounting Books Are Essential in Daily Operations While it may not be immediately apparent, restaurant accounting books play a crucial role in daily operations, serving as an indispensable tool in the effective management of finances.

Book

Paper Chase Accountancy

MAY 21, 2025

They require specialized support that understands the intricacies of fluctuating revenues, high labor costs, and complex inventory management. This volatility makes accurate forecasting and consistent cash flow management incredibly challenging.

Hospitality

Paper Chase Accountancy

MAY 20, 2025

Key Takeaways Restaurant bookkeeping requires specialized tools and systems, including management software, POS systems, and a well-structured chart of accounts. However, there are common pitfalls that restaurant owners need to be aware of and avoid in order to maintain healthy finances.

Cash Management

Paper Chase Accountancy

JULY 3, 2025

This is where hospitality accounting services come into play, with their expertise in managing the complex financial landscape of hotels and restaurants. It’s a specialist field that provides crucial insights into revenue management, cost control, and maximizing profitability. This includes both cash and credit transactions.

Hotels

Paper Chase Accountancy

JULY 25, 2025

Key Takeaways London’s bookkeeping services provide industry-specific expertise crucial for financial management in hospitality businesses. Restaurant accountants London who can manage complex hospitality finances. They’ll manage all the complex financial compliance issues, freeing you to focus on your restaurant.

Hospitality

SpotOn

JULY 15, 2025

You’ll need to maintain a level head when people drink too much, remember who ordered what, and somehow keep a smile on your face when the pressure to perform feels like too much, and it’s three people deep across the entire bar top. The more initiative you show up front, the more seriously a hiring manager will take you. 

Front of House

Paper Chase Accountancy

JULY 18, 2025

It’s worth noting that roughly 30% of small businesses in Los Angeles fail due to poor financial management. Accurate bookkeeping enhances decision-making, ensures compliance, improves financial management, and helps detect irregularities, thereby preventing fraud. Learn more about our Accounting Services !

Management

Paper Chase Accountancy

JULY 15, 2025

Bookkeeping Los Angeles: Isn’t it crucial for any business to ensure their finances are in order? Key Takeaways Local expertise in bookkeeping provides insightful understanding of LA’s unique tax and regulatory landscape, benefiting business financial management. Keep on exploring to find out.

Audits

Modern Restaurant Management

AUGUST 27, 2024

By the time you manage inventory, staffing, customer demand and narrow profit margins, the last thing you want to think about is the IRS. Restaurants, like other cash-intensive businesses, are a frequently targeted for audits by the IRS. By keeping accurate and complete records, you can reduce the length and pain of an audit.

Audits

Modern Restaurant Management

MARCH 31, 2020

Leading restaurants are teaming up with tech brands in order to offer their customers a better service, but many remain unaware of retail’s unique security challenges. In order to understand why cybersecurity is important for restaurants, you only need to scan the recent headlines. Why Is Cybersecurity Important for Restaurants?

Website Management

Modern Restaurant Management

JANUARY 8, 2024

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.

2024

Modern Restaurant Management

DECEMBER 16, 2021

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their views on trends. With more options to work outside of the hospitality industry, operators must offer employees more scheduling flexibility, facilitate transparent communication between management and team members, and avoid overworking staff.

2022

7 Shifts

JUNE 29, 2022

Put simply, franchise compliance refers to the actions that corporations, their franchisors, and their franchisees take in order to stay compliant with any applicable federal, state, and/or regional laws. Proper Team and Labor Management Tools. Location Audits. Tools For Supporting Franchise Compliance. Reward Compliance.

Franchising

7 Shifts

DECEMBER 3, 2019

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. Read on for our actionable, step-by-step process on how to expand your franchise.

Franchising

Modern Restaurant Management

MARCH 11, 2020

US Foods Holding Corp.entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management, Inc. NYSE: APO) (the “Apollo Funds”) for $970 million in cash.

Bar

Modern Restaurant Management

APRIL 2, 2020

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. Customers can also continue to leverage the Company’s e-commerce portal SGProof.com in markets where available for online ordering and self-service.

Employee Relations

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

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. They both went through a management training program.

Kitchen Safety

7 Shifts

SEPTEMBER 6, 2024

It represents everything it takes to get a meal on the table, from the raw ingredients like meat and vegetables to the packaging for takeout orders. Efficiently managing labor can help you keep your restaurant COGS under control. Proper management of packaging costs is crucial, as it can significantly impact your restaurant's COGS.

2024

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

7 Shifts

MAY 15, 2023

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. Updating your payroll records in case of an audit. Paying employees what they are owed on time.

2023

7 Shifts

SEPTEMBER 7, 2021

We also looked to see if the number of items ordered per receipt has stayed the same: they didn't. Guests are ordering fewer items and paying more for them. Either diners have switched to ordering the more expensive items off the menu, or we're seeing very strong inflation of prices on menus. per receipt. in 2019 and $99.50

Tip Distribution

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. She first served as senior internal audit analyst at Yum! Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Allen Named CEO at Checkers & Rally's.

Franchising

The Restaurant Times

JUNE 3, 2020

Forecast The cash flow . With a cash flow forecast, you can gain insights about how to manage your cash flow better. Using a cash flow forecast will give a fair understanding of the cash inflows and expenses, so you can be better prepared to make decisions. . Avoid The Credit Business.

Cash Management

Crunchtime

FEBRUARY 7, 2024

As businesses grow and open more locations, developing these standard restaurant operating procedures (SOPs) becomes infinitely more critical in order to run an efficient and profitable business. Likewise, a VP of operations can more effectively manage each location knowing that chicken is being stored correctly in every store she oversees.

Operations

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. Inventory Management.

Cash Management

Harbor Touch

MARCH 16, 2025

Well cover everything from automation to IT management, with examples tailored for POS users. error rates (too many typos in orders?), Pull sales reports to see if slow days are dragging down cash flow, or check inventory logs to spot overstocking issues. Tweak your inventory management to match. SkyTab POS shines here.

POS

Harbor Touch

MARCH 16, 2025

Well cover everything from automation to IT management, with examples tailored for POS users. error rates (too many typos in orders?), Pull sales reports to see if slow days are dragging down cash flow, or check inventory logs to spot overstocking issues. Tweak your inventory management to match. SkyTab POS shines here.

POS

Xtra Chef

OCTOBER 28, 2020

Restaurant inventory management is not the most enjoyable restaurant task. Inventory management is a cost management strategy that influences your restaurant food costs , revenue, profitability, and cash flow. Of course, there’s much more to inventory management than maintaining stock levels.

Inventory

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

MBB Hospitality

AUGUST 5, 2024

From retail to restaurant management, the right inventory solutions can make a significant impact on profitability and customer satisfaction. Below, we explore various types of inventory services and how businesses can leverage them to better business management and even excel in franchise management settings.

Inventory

Restaurant365

SEPTEMBER 30, 2019

Restaurants, with quick turnover stock and multiple weekly orders, face particular vendor payment challenges. All approval process workflows are accessible through a centralized email or dashboard, and an audit log tracks all decisions. Accounts payable, step-by-step. Step 3: Pay.

Audits

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 article covers a list of reports that restaurants in Saudi Arabia must track to keep a check on revenue management. .

Management

The Restaurant Times

JUNE 11, 2021

Managing a restaurant is a daunting task. Handling inventory, staff and customers, along with keeping track of analytics and reports all at the same time can become cumbersome for the restaurant manager. It enables you to manage each task efficiently. . That is why, automating restaurant operations is always fruitful.

POS

The Restaurant Times

FEBRUARY 22, 2022

Menu engineering is a framework for evaluating and optimizing the pricing and design of your restaurant’s menu in order to build a more profitable business. Be certain that the cash you have set aside to cover startup costs is sufficient before you embark on it. Kitchen Management . Menu Engineering.

Hiring

Notch

JANUARY 23, 2019

And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. So when you’re trying to manage your profits and losses, what you’re really doing is: weighing your risks, developing contingency plans—and mitigating the factors you can’t account for, by focusing on the ones you can.

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