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Auditing Classifications : Double-check exempt versus nonexempt statuses for all employees to avoid costly fines and incorrect paychecks and tax withholdings. Bonus Tip : Set a recurring calendar reminder to conduct quarterly payroll audits in 2025 so you can catch discrepancies even earlier.
Think of what your restaurant can accomplish with quality auditing. Audits can also help brands identify (and fix) areas of non-compliance, as well as spot (and address) potential threats. These significant benefits make it clear that regular quality auditing is a must for all restaurants. Luckily, the tide is turning.
All workers must be trained in food safety, not just upon hiring, but throughout their tenure. Audit differently. Now, food businesses – including ghost kitchens – are creating a culture of collaboration and development by changing their audit processes. Check all equipment. Utilize digital tools.
Overloading – There’s a lot of equipment and lighting which can overload the electrical systems and fixtures. Damaged Equipment – Most hazards which are infrequent or momentary can damage your equipment over time. Equipment testing. Routine inspection and testing of all electronic equipment.
Number Three : Audit your time keeping. Number Four : Audit sales every half-hour in your POS system. It is one of the most important pieces of equipment you'll ever purchase. They don’t want to or need to hire new employees for a week-long event. They’re not working, and they are milking the time clock.
If you are a caterer, you’ll face traditional restaurant risks like equipment breakdown and damage to your property; however, you may have a greater interest in coverage such as hired and non-owned vehicle insurance. Food service businesses, such as caterers, face additional risks.
Organizations will need to prioritize broader social accountability, which includes hiring a diverse workforce to ensure your staff is representative of your increasingly diverse customer base. As a result, brands had to be flexible, adding remote audits and self-inspections instead of solely in-person audits.
Remember that it can also be expensive to hire and train new employees. Make sure you do a projection and daily audit to ensure your payroll costs are commensurate with your current revenue. Kitchen and Serving Station Equipment. There is no way you can prepare a meal without the right equipment.
Hiring the right people can make or break your business. What interview questions do you ask when hiring new restaurant employees? How do you handle unexpected challenges, such as equipment failure or supply shortages? What interview questions do you ask when hiring new restaurant employees?
Equipment and Furniture: Deduct That Big Spend New ovens or tables can cost a chunk, often $5,000 or more. Accounting Tip: Log equipment purchases in your accounting software under equipment. Ive seen audits flag too-generous pay compared to industry norms. Example: A diner I know hired two vets, claimed $4,800.
You have the advantage of a built-out kitchen with equipment, bars and dining rooms, technology, parking lots, and more. Things to consider are: Local Sentiment Finances Equipment Taxes or Violations Licenses and Permits What is the local sentiment towards the restaurant? Have there been any tax audits in the past three to five years?
Technology, like SaaS-based quality and audit software, has changed the ISO compliance process significantly, making it much faster, easier, more accurate, and less of an administrative burden. The certification is only valid for three years, and then restaurants need to pass a recertification audit every three years to maintain it.
This ensures that new hires are aligned with the brand's expectations from the start. Regular Audits and Quality Checks : Conduct periodic evaluations of store performance, including mystery shopper programs, to identify and address inconsistencies. What are some things brands can do to improve guest satisfaction?
When new hires are starting that often, there's a whole host of training procedures that need to be conducted and cybersecurity warnings may very well fall by the wayside. Furthermore, Franchise Direct, as of 2018, determined that there were nearly 275,000 franchised restaurants in the United States.
Step 1: Audit Your Current Location(s) Before you start planning for your future, take a look at your past and your present. Still, you should conduct a thorough audit of your current restaurant(s) before expanding your business further. Read on for our actionable, step-by-step process on how to expand your franchise.
Many QSR franchises are operating with legacy equipment that can't keep pace with customer expectations or facilitate a seamless employee experience. Conducting a comprehensive technology audit will reveal opportunities to upgrade your hardware and software for optimal performance. Finally, don't overlook the human element.
I am proud to be a chef and always will be, but a common mistake that restaurateurs make is to turn over the concept and the reputation of their business to that great chef that was just hired. When business is strong the tendency is to spend, to raise wages, remodel, buy that new piece of equipment, or add staff.
Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. In this guide we won't worry too much about the differences, but in general: A restaurant cost is a one-time expenditure on a material resource like food, liquor, dishes or kitchen equipment.
Hiring a third-party to conduct a waste audit, set up a bin system and train staff can help you establish correct protocols and realize the full benefits of recycling. Do It the Right Way. Establishing a recycling program can be a great way to save money, but it needs to be set up properly.
For restaurants, which often hire freelancers such as chefs, event planners and marketing professionals, this means meticulously documenting freelance agreements to avoid disputes and costly legal repercussions. Understanding Freelance Work A freelance worker is an independent contractor typically hired for compensation to provide services.
Good faith” hours estimates for new hires. First, equip your restaurant with software that ensures labor compliance. Remember, not all restaurants are affected in cities and states with Predictive Scheduling requirements, so it's essential to audit your locations if you're in an area with these laws. Private rights of action.
You have the advantage of a built-out kitchen with equipment, bars and dining rooms, technology, parking lots, and more. Things to consider are: Local Sentiment Finances Equipment Taxes or Violations Licenses and Permits What is the local sentiment towards the restaurant? Have there been any tax audits in the past three to five years?
Audit Support: They keep records that can support business audits, helping to validate calculated ratios. They can also save costs in the long run by eliminating the need for in-house training and equipment. Why should I hire a hospitality accountant for my restaurant? Then divide the result by total revenue.
Conducting an Energy Audit The first step towards improving restaurant efficiency is conducting an energy audit. An audit can help identify outdated equipment that is consuming more resources than necessary. Dining establishments can conduct the audits online or hire a professional to perform a detailed assessment.
Free Up Time with Professional Bookkeeping Services in NYC Often, restaurant owners in NYC find that hiring professional bookkeeping services significantly frees up their time, enabling them to focus more on what truly matters – running their business. It equips them with smart bookkeeping strategies for enhanced cash management.
They speed up your vouching process and help clear up any inconsistencies that could arise during the auditing process. In fact, approximately 47% of restaurant owners say they would repair or update their equipment if only they had any extra money on hand. Many restaurants opt to hire part-time employees to avoid this expense.
Checklist app automates daily food safety and operational task management as well as regular maintenance and audit procedures. If an establishment needs additional staff to operate efficiently, they’re able to hire help via Qwick. Windy City Equipment Service (WCE) is providing a number of services. ” The BOHA!
But after some brands have revealed that their products aren’t completely vegan or vegetarian (due to ingredients being manufactured on the same production line as meat products or cooked using the same equipment for example), questions may rise on the legitimacy of the claims from household brands. Brian Miller.
“When hiring, we look for a certain kind of person that loves hospitality, loves to serve others and has the spirit to serve,” said Jim Plamondon. Krispy Kreme will hire more than 400 new team members in New York City so far this year. "We “Our associates are the ones that make us a successful hospitality company.”
As a restaurant owner or manager, it can be hard to know when to hire help, especially when it comes to digital marketing. And next, not everyone is equipped to manage your accounts. This person can audit your accounts, develop a strategy, study your insights, and grow your relationships with people on your social media accounts.
GFCO is the only gluten-free certification that holds companies and products accountable through audits, random product testing and process surveillance. All GFCO certification bodies are accredited to ISO 17065, ensuring they follow internationally established best practices for auditing and product certification.
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?
By consolidating over 10 tools into one systemmenus, listings, ads, pricing, POS integrationwe help independent restaurant operators cut costs and reclaim third-party revenue without hiring more staff. Foodservice Equipment Reports, May 20, 2025 4. Foodservice Equipment Reports (FER), May 20, 2025. Chicago, IL.
The first inspection involves an audit process and followed by the physical inspection of the restaurant premises where the food is prepared. Auditing processes ensure that safety standards are met in the procurement of ingredients and preparation of food. Tips To Pass The Restaurant Health Inspection Successfully. Waste Management .
Equipment and Furniture: Deduct That Big Spend New ovens or tables can cost a chunk, often $5,000 or more. Accounting Tip: Log equipment purchases in your accounting software under equipment. Ive seen audits flag too-generous pay compared to industry norms. Example: A diner I know hired two vets, claimed $4,800.
Equipment and Furniture: Deduct That Big Spend New ovens or tables can cost a chunk, often $5,000 or more. Accounting Tip: Log equipment purchases in your accounting software under equipment. Ive seen audits flag too-generous pay compared to industry norms. Example: A diner I know hired two vets, claimed $4,800.
Exhibitors at this year’s event will include roasters, coffee shop owners, and roasting equipment manufacturers. Mon, 19 Sep – New York City’s pension funds investors call for audit of Starbucks workers’ rights. The event – which is the first of its kind in North Africa – attracted more than 10,000 visitors in 2021.
We have all seen the news cycles over the months, restaurants closing, jobless numbers are high, but businesses are struggling to hire and retain employees. Even in darkness and fog, sailors sleep better on a ship knowing it’s equipped with radar. What a Thorough Restaurant Marketing Audit Should Cover. Read More ». Read More ».
If you purchase equipment, like a restaurant POS system , for example, it may be eligible for depreciation deductions. A permanent tax deduction is now available for equipment for small business under Section 179. They also may require a separate filing and collection, so be sure your records are accurate. Expensing Asset Purchases.
Audit Support: They keep records that can support business audits, helping to validate calculated ratios. They can also save costs in the long run by eliminating the need for in-house training and equipment. Why should I hire a hospitality accountant for my restaurant? Then divide the result by total revenue.
Ultimately, data is an asset of the company, just like other assets (such as time-saving equipment). Once they start tracking expenses and sales, they’re better equipped to order inventory and schedule employees strategically, rather than using last week’s schedule or purchase orders to make labor and inventory decisions.
Capital-Intensive Operations: Hotels and restaurants often require significant upfront investment in property, equipment, and renovations, impacting depreciation, amortization, and long-term financial planning. Questions to Ask Before Hiring a Firm “What percentage of your clients are in the hospitality industry?”
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.
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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