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Essentials of Payroll Accounting for Restaurant Groups, Part 2

Restaurant365

Your payroll solution can impact hiring, onboarding, employee payments, taxes, and overall business health. No matter what laws your restaurant group falls under, it is beneficial to prioritize recordkeeping and audit trails to demonstrate compliance with labor and pay regulations. Conclusion.

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What Are Standard Operating Procedures in Restaurants?

Crunchtime

Inventory audit: different products and items run out of stock more quickly than others; standardizing the expectations for when and how frequently each product should be prepared or restocked. For example, if an internal audit finds that certain items are out of stock, a task would be assigned to restock that item by a certain date.

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9 Tips for Improving Restaurant Operations

Sling

3) Create a restaurant operations manual If your business relies on unwritten rules and processes to get things done, it may be time to create a restaurant operations manual in which procedures are documented, clear, and available to all team members. This is especially important when training new employees.

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What the New 1099-NEC (Nonemployee Compensation) Means for Your Restaurant Business

Restaurant365

Whether delivery drivers or temporary employees, if your restaurant hired temporary contract workers this year, you may need to file the new 1099-NEC form. Accuracy in these numbers is key to remaining compliant in case of an audit. As a result, Form 1099 audits are becoming more common. State requirements.

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How to Streamline Human Resources and Payroll in the Restaurant Industry

Restaurant365

There are some general areas to focus on when starting to audit your human resources information systems (HRIS) and payroll systems. Tailor your hiring and recruiting practices. The first step in reducing high turnover is to examine your hiring and recruiting practices. How are you communicating with your potential new hires?

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Sample Blog Layout

Restaurant365

There are some general areas to focus on when starting to audit your human resources information systems (HRIS) and payroll systems. Tailor your hiring and recruiting practices. The first step in reducing high turnover is to examine your hiring and recruiting practices. How are you communicating with your potential new hires?

Blog 78
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How To Run A Successful Restaurant Franchise — 10 Essentials For Sustainable Growth

Apicbase

Besides cost estimates, audited financial statements and projections should be included, like: the expected growth rate for (at least) the first year; the estimated restaurant cash flow; the expected payback period. Hire an expert to ensure the agreement covers everything that is legally required.