Remove Audits Remove Employee Relations Remove Take-out
article thumbnail

Restaurant Cost Control Strategies Every Operator Should Be Using

ChowNow

If your average food cost percentage is too high, it can wipe out profits even when sales are strong. In many cases, controlling labor costs is less about cutting people and more about scheduling smarter and cross-training your existing employees. Are you overstaffed on slow days? Understaffed when youre slammed?

article thumbnail

What Is PCI Compliance for Restaurants?

Lavu

Related video from YouTube What Is PCI Compliance? To achieve these, it lays out 12 key requirements that restaurants must follow. Evaluate Your Compliance Level Start by figuring out your compliance level, which depends on your annual transaction volume. Staying compliant protects your business and customer trust.

POS 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top 7 POS Features for Allergen Management: Protect Guests and Boost Restaurant Safety

Lavu

Reports & Analytics : Track allergen-related trends, staff compliance, and customer feedback. These features not only improve safety and compliance but also build trust with customers by minimizing allergen-related incidents. Some platforms, take it further by maintaining customer profiles.

article thumbnail

How to Automate Payroll with POS Systems

Lavu

For restaurant-specific needs, systems like Lavu stand out with features like dual pay rate management, robust reporting, and seamless QuickBooks integration. For starters, time tracking should be robust – covering employee hours, breaks, and overtime with precision. Let’s take a closer look at why Lavu is a standout option.

POS 78
article thumbnail

Food Cost Formula: The Secret to Higher Restaurant Profits

Lavu

Reduce Waste : Track daily waste, use FIFO (First In, First Out), and train staff on portion control. Inventory Management Use FIFO (First In, First Out) to rotate stock. Monitor food spoilage and use FIFO (First In, First Out) inventory management. Monitor and Adjust Inventory Regularly Conduct weekly inventory audits.

Food 78
article thumbnail

Restaurant Accounting Tips Made Simple: Expert Ways to Boost Profits in 2025

Lavu

You may feel that they are pulling you away from where the real action is, out front and in the kitchen. This also includes payroll taxes and employee benefits. First, employees who work for more than 40 hours weekly have a statutory entitlement to overtime rates for every extra hour worked.

2025 113
article thumbnail

Hospitality Industry Accounting and Advisory Services: The Path to Sustainable Growth 

Paper Chase Accountancy

Complex Tax Regulations: The industry faces specific tax considerations related to food and beverage sales, lodging taxes, and tip income, demanding expert knowledge for compliance. Tip Management and Reporting: Ensuring accurate calculation, distribution, and reporting of tips for compliance and employee satisfaction.