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Franchise Compliance Guide: Laws + Agreements

7 Shifts

This rule helps franchisees stay compliant by requiring them to offer the items, prices, and specials approved by corporate and their franchisors. This is why franchisors must outline to what extent franchisees may express agency in the menu – both for permanent menu items and limited-time specials. Location Audits.

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What Trends Are You Seeing and What Can We Expect to See More of in 2022?

Modern Restaurant Management

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.

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Restaurant Accounting: The Ultimate Guide

Xtra Chef

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.

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Virtual Acceleration, Raising the Bar and Insult Monitor

Modern Restaurant Management

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.

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4 Things To Know About Hiring A Food Consultant

The Restaurant Times

A restaurant that wants to provide more vegan alternatives, for example, will hire a culinary consultant who specializes in plant-based recipes. Assistance With Specialized Food Products . Be certain that the cash you have set aside to cover startup costs is sufficient before you embark on it. Kitchen Management .

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Restaurant Taxes: Top 12 Tax Deductions and Tips For Restaurants

Harbor Touch

With restaurant taxes , you have some special tax considerations that are different from other business types. If you are audited, and the IRS believes you are overcompensating employees based on other amounts reported within the restaurant industry, you may not be able to deduct them fully. Compensation and Taxes. Keep Proper Records.

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Ultimate Guide to Restaurant Management Software

Lavu

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?