Harbor Touch

MARCH 16, 2025

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. Analytics tools can take this up a notch. Tweak your inventory management to match.

POS

Paper Chase Accountancy

JULY 24, 2025

We’re here to discuss the ins and outs of these ledgers, from understanding their importance, to optimizing financial planning with handy accounting tips. These books aid in tracking sales, managing payroll, and handling expenses accurately. It’ll help you stay on top of your cash flow and make informed decisions.

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 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. This specialized area of accounting involves managing the financial transactions and obligations of hospitality businesses, such as NYC restaurants and hotels.

Hotels

Paper Chase Accountancy

JULY 21, 2025

These specialized accounting methods can simplify financial management in hospitality businesses, from small cafes to large resort chains. Key Takeaways Hospitality accounting solutions streamline financial management and ensure regulatory compliance, vital for growth in the industry.

Hospitality

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

SpotOn

JULY 15, 2025

  Bartending takes serious hustle, grit, and a specific set of skills that go beyond knowing the correct way to make an Old Fashioned.  Tasks customers see You’ll know most of these are already, from spending time in bars and going out, but let’s make sure everyone is up to speed. 

Front of House

Paper Chase Accountancy

AUGUST 5, 2025

Just as a master chef stirs the perfect blend of spices into a dish, so too must restaurant owners in Los Angeles blend their passion for food with a keen understanding of financial management. You’ll be surprised to find out. It’s a delicate dance that can be made smoother with the help of local bookkeeping expertise.

Hospitality

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

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. That’s fine, but you need to ensure that the companies you are working with take your security seriously. Is the vendor’s security audited by a third-party company?

Website Management

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. Simply Google “Who Regulates Franchise Compliance In [Your State/City]” to learn who's best to reach out to regarding compliance.

Franchising

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

7 Shifts

DECEMBER 3, 2019

In a sea of restaurants nationwide, yours has stuck out and been successful. Before you take the plunge, we’d recommend taking a practical and systematic approach to expanding your franchise to ensure the process results in a profitable endeavor. Read on for our actionable, step-by-step process on how to expand your franchise.

Franchising

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

Culinary Cues

DECEMBER 30, 2019

Some have their feet planted firmly on the ground with a system that is time tested and solid, while others tend to drift in and out of consciousness. Unless that chef is a partner there is a high probability that he or she will leave at some point and take the restaurants positive reputation along for the ride.

Cash Management

7 Shifts

SEPTEMBER 19, 2024

Solution: Team management software that handles scheduling, time clocking, and payroll in one place. It left him with three options: go bankrupt, sell the business, or have his son, Avery, take over. Because legacy was a core part of the business, selling was out of the question.

Cash Management

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

7 Shifts

FEBRUARY 12, 2021

Maybe it’s to take your grandmothers’ recipes to the masses. You have the advantage of a built-out kitchen with equipment, bars and dining rooms, technology, parking lots, and more. Find Out Why the Restaurant is for sale. Once you’re ready and funded, here are the steps to take to realize the dream of ownership.

License

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. Checklist app automates daily food safety and operational task management as well as regular maintenance and audit procedures.

Employee Relations

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. Restaurant of the Future Panel. 20 at 4 p.m.

Kitchen Safety

7 Shifts

MAY 1, 2024

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?

Cash Management

7 Shifts

AUGUST 2, 2023

Restaurants without team management tools may miss out on top talent, like those who value tech: Gen Z. Although it takes time upfront, this step is critical for long-term success. Additionally, be aware of any transaction fees and if there's an option for the restaurant or employee to take on those fees.

Tip Distribution

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. Ingredients and labor take up most of your COGS, but other factors like packaging, portion, and menu also play a role. For instance, if your restaurant spends $0.50

2024

7 Shifts

MAY 15, 2023

Understanding the ins and outs of paying employees, observing labor laws, and complying with the tax code is critical to running a business. 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

7 Shifts

MAY 18, 2023

Take this story from Leo Smigel, the founder of Analyzing Alpha who's been involved with several restaurant ventures: "My buddy really got himself into a pickle. Then, out of the blue, these labor audit folks showed up, and man, did they find a heap of issues. When you complete payroll manually, mistakes are inevitable.

Restaurant Law

7 Shifts

SEPTEMBER 7, 2021

Some restaurants are taking a direct approach to fight inflation by doing small, “ surgical ” price increases. Do an audit on your menu, and check individual item sales. See if there are any items that have high plate cost but aren't frequently ordered, and consider taking them off the menu. Make small menu price adjustments.

Tip Distribution

7 Shifts

SEPTEMBER 19, 2022

The restaurants that prioritize employee retention above all will come out on top. 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%. But we're at an inflection point in the restaurant industry.

Front of House

7 Shifts

FEBRUARY 12, 2021

Maybe it’s to take your grandmothers’ recipes to the masses. You have the advantage of a built-out kitchen with equipment, bars and dining rooms, technology, parking lots, and more. Find Out Why the Restaurant is for sale. Once you’re ready and funded, here are the steps to take to realize the dream of ownership.

License

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. In addition, Taco John’s is rolling out a systemwide remodel program to match its updated branding, driving its popularity among young consumers. She also worked in Yum!

Franchising

Perfect Daily Grind

OCTOBER 1, 2022

Speakers will include Head of Beverages at Nestlé Professional, Patrick Stern, and Relationship Manager at Perfect Daily Grind, Nicholas Yamada. This year’s World Coffee and Tea Expo to take place in Lagos, Nigeria from 1 to 3 December 2022. The company partnered with Eden Reforestation Projects to carry out the initiative.

2022

Margin Edge

NOVEMBER 10, 2021

There are three primary ways for restaurants to pay their bills: manually writing checks (stuffing, licking, stamping envelopes, and taking them to the post office), using credit cards or digital banking, and lastly using a third-party provider like Bill.com, QuickBooks, or your restaurant management system (RSM).

Management

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

Lavu

JANUARY 21, 2020

Not only does it take a lot of time, but it also increases the risk of human error. With the automation that comes with accounting software, the accounting process takes a shorter time to complete. You do not have to go through layers and rows of a spreadsheet to find out where your business stands financially.

Audits

Harbor Touch

MARCH 16, 2025

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. Analytics tools can take this up a notch. 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. Pull sales reports to see if slow days are dragging down cash flow, or check inventory logs to spot overstocking issues. Analytics tools can take this up a notch. 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. It’s time-consuming, taking you and your staff away from the things that drew you to the restaurant industry in the first place: making incredible meals and creating memorable experiences. Part 2: Why Inventory Management Matters. Table of Contents.

Inventory

Lavu

MARCH 11, 2020

Understanding Restaurant Management Software. Inefficient practices are being phased out in favor of more efficient and faster methods of operating. Inefficient practices are being phased out in favor of more efficient and faster methods of operating. Among the technology offered today is restaurant management software. .

Management