7 Shifts

AUGUST 18, 2024

Labor Cost Percentage Averages Below is a breakdown of average labor cost percentages in Q4 of 2017: Quick service: 29.4% However, this can harm customer service and profits. Here are four ways you can control labor cost without sacrificing service: 1. Fast casual: 28.9% Casual: 33.2% Upscale casual: 30.4% Pizza: 31.3%

License 370

License Equipment POS Food Supply 370

Paper Chase Accountancy

JUNE 2, 2025

Is it not a paradox that in the bustling world of restaurants, where every cent counts, the handling of tips often falls through the cracks? While a seemingly small detail, the proper management of tips can significantly impact a restaurant’s financial health and its employees’ satisfaction.

Tip Distribution 52

Tip Distribution Audits Cash Management Restaurant Law 52

7 Shifts

DECEMBER 6, 2023

Tip laws differ from national standards in some areas, and staying on top of potential changes as bills make their way through the legislative process takes time and energy. The tipped minimum wage in Colorado is $10.63 So employers can claim a tip credit of $3.02 Who is considered a tipped worker? What counts as a tip?

Tip Distribution 221

Tip Distribution Restaurant Law Employee Relations 2023 221

7 Shifts

MAY 15, 2023

While most restaurateurs are experts in hospitality and customer service, payroll makes many savvy business owners scratch their heads. For restaurants, payroll includes hour wages as well as tips, which must be taken into account. Updating your payroll records in case of an audit.

2023 195

2023 Tip Distribution Audits Restaurant Law 195

7 Shifts

DECEMBER 6, 2023

Tip laws differ from national standards in some areas, and staying on top of potential changes as bills make their way through the legislative process takes time and energy. The tipped minimum wage in Colorado is $10.63 So employers can claim a tip credit of $3.02 Who is considered a tipped worker? What counts as a tip?

Tip Distribution 195

Tip Distribution Restaurant Law Employee Relations 2023 195

Paper Chase Accountancy

MAY 22, 2025

Effective management of payroll, tips, and labor costs contributes significantly to cost optimization in the restaurant industry. Learn more about our Accounting Services ! Furthermore, the role of restaurant accountants and hospitality accounting services cannot be understated in managing these finances effectively.

Cash Management 52

Cash Management Franchise Franchising Tip Distribution 52

Paper Chase Accountancy

MAY 21, 2025

In the ever-evolving hospitality industry, success hinges on more than just exceptional service and delectable cuisine. As a global leader in hospitality industry accounting and advisory services, Paperchase empowers businesses across diverse markets to navigate their financial complexities with precision and foresight.

Hospitality 52

Hospitality Sustainability Cash Management Hotels 52

Xtra Chef

DECEMBER 11, 2019

Accurate accounting prevents legal disputes with the internal revenue service over incorrect numbers. Tip Handling. Restaurants choose or are held to different methods of tip handling. Tip handling is also changing in certain regions, with some restaurants choosing to increase wages while doing away with tips altogether.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

Restaurant365

JULY 14, 2021

As a food service business, your restaurant has an enormous opportunity to reduce food waste. Here are 15 practical tips. Start by auditing your food waste. If you are looking to minimize food waste, examine what you can do on the customer side as well. Modify your menu. Ask for a free demo of Restaurant365 today.

Waste 78

Waste Compost Food Inventory 78

Lavu

MARCH 11, 2020

At the center of this technology lies a POS system in which a transaction between a merchant and a customer takes place. If you want your POS system to benefit management, employees, and customers, you should have a restaurant POS system that streamlines the process for all three groups. Employee tips. Employee scheduling.

Management 78

Management Management Cash Management Mobile Ordering 78

Notch

JANUARY 23, 2019

Below, you'll find a series of actionable tips, tricks, and strategies you can employ today to do exactly that! For example, fast-food margins can be much higher than full-service restaurants. Full-service restaurants, in contrast, often have a harder time. Profits equal revenue minus costs.

Email Marketing 72

Email Marketing Merchandise Website Management Point of Sale 72

Notch

JANUARY 23, 2019

Below, you'll find a series of actionable tips, tricks, and strategies you can employ today to do exactly that! For example, fast-food margins can be much higher than full-service restaurants. Full-service restaurants, in contrast, often have a harder time. Profits equal revenue minus costs.

Email Marketing 52

Email Marketing Merchandise Website Management Point of Sale 52

Modern Restaurant Management

JUNE 19, 2020

In this edition of MRM News Bites, we feature links for PPP Forgiveness, new Yelp features and more products and services for restaurant recovery. Bloom Intelligence acquired SuperFi, a WiFi marketing company that provides professional email marketing services with advanced segmentation and analytics. PPP Forgiveness Links and EZ App.

Food Safety 362

Food Safety Customer Experience Website Management Customer Service 362

Modern Restaurant Management

SEPTEMBER 14, 2021

That August, the James Beard Awards announced an audit of policies and procedures, which was conducted by various stakeholders, including subcommittee members, the Awards committee, James Beard Foundation staff, and consulting firms specializing in equity, justice, sustainability, and awards protocols and processes.

Food 433

Food Tip Distribution Guest Recovery Food Safety 433