Harbor Touch

MARCH 18, 2025

Ive seen audits flag too-generous pay compared to industry norms. Mileage: Drive Off Some Taxes Delivering food or catering events? Employee Meals: Free Food, Free Savings Feeding staff on-site? Its 100% if part of food costs, non-taxable to them. Keep it separate or bundled with food costs. Keep it reasonable.

Point of Sale

ChowNow

JULY 4, 2025

Dining habits change, food costs fluctuate, and customer preferences can shift depending on what’s trending. That’s when it’s time to take a closer look at your food costs and how they’re impacting your bottom line. And it’s not just about the food itself. Think of negative online reviews as a menu audit tool.

Menu

Paper Chase Accountancy

JULY 2, 2025

The restaurant business is a dynamic, fast-paced world where passion for food and hospitality often takes center stage. Staying Compliant and Audit-Ready The IRS, state tax authorities, and even local health departments have stringent requirements for financial record-keeping in restaurants. Are you getting the best prices?

Cash Management

Lavu

MARCH 7, 2025

These could include higher fees, mandatory audits, or even losing the ability to accept card payments altogether. This applies to all types of establishments, from cozy food trucks to expansive restaurant chains. What is PCI compliance, and why do restaurants need it?

POS

ChefMod

APRIL 12, 2025

For many restaurant owners and operators, managing food costs can feel like a losing battle. When done right, SRM combines clear contracts, consistent audits, and powerful technology to create transparency, predictability, and trust. Pricing errors, substitutions, and billing mismatches are common in the foodservice supply chain.

Management

Restaurant Business

JUNE 6, 2025

She will now oversee human resources, culture, legal, risk safety and security, internal audit, and facilities. By Restaurant Business Staff on Jun. 06, 2025 Facebook Twitter LinkedIn Staff illustration Papa Johns has named Caroline Miller Oyler the company’s chief administrative officer. Sign Up Thanks for signing up!

Fast Casual

Lavu

JUNE 26, 2025

Running a successful restaurant isn’t just about great food and service—it’s also about smart financial management. You probably joined the industry to make delicious food to serve and create a great environment for your patrons. It includes all the cost incurred on food and beverage, payroll, taxes, and benefits).

2025

Paper Chase Accountancy

JULY 25, 2025

Restaurants and Food Service: Including fine dining, fast casual, QSRs, cafes, and catering. Detailed Inventory Control: Especially for restaurants, managing perishable inventory (food and beverage) requires meticulous tracking to minimize waste, control COGS margin , and ensure profitability. Maintain strict separation.

Hospitality

Modern Restaurant Management

FEBRUARY 26, 2025

Not a good idea unless you want to take the chance of selling a product that is not food safe and being sued! Attend industry trade shows such as the Fancy Foods Show which is in both New York and Las Vegas and coves all food categories both National and International to discover what’s hot on the market and what is over saturated.

Retail

Paper Chase Accountancy

MAY 30, 2025

A single percentage point difference in food costs or labor can be the difference between profit and loss. IRS Audits: Inaccurate or incomplete records can trigger costly and time-consuming IRS audits, leading to significant penalties and fines. This provides a crucial insight into food and beverage costs relative to sales.

Bar

Paper Chase Accountancy

MAY 21, 2025

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. Inventory Control and Valuation: Implementing robust systems for tracking food, beverage, and other supplies to minimize waste and optimize ordering.

Hospitality

Chowly

MARCH 14, 2025

Between managing staff, ordering supplies, and keeping customers happy, you dont need to spend extra time tweaking your website or dealing with disputes on third-party platforms. The time you get back to focus on the things that matterlike improving the food, enhancing the customer experience, and growing your business.

Audits

Paper Chase Accountancy

MAY 30, 2025

Inconsistencies or errors can lead to audits. Scope of Operations : Hotels have a broader operational scope, encompassing rooms, food and beverage, and other services, making their bookkeeping more complex. Restaurants primarily focus on food and beverage sales, simplifying their accounting process.

Hotels

Paper Chase Accountancy

JULY 3, 2025

Unlike general business accounting, restaurant bookkeeping services need to account for elements like fluctuating food costs, labor issues, and seasonality. Revenue Management : Hospitality accounting involves tracking multiple revenue streams, such as rooms, food, and beverage sales. It helps identify wastages and inefficiencies.

Hotels

Modern Restaurant Management

SEPTEMBER 22, 2022

We were ill-prepared for the COVID pandemic that devastated the food industry with supply chain disruptions, product and labor shortages, and soaring inflation. Labor shortages mean food is rotting in shipping containers, warehouses, and trucks because there aren’t enough workers to get them to their final destinations.

Food Supply

SpotOn

JULY 15, 2025

You’ll need to memorize dozens of cocktails, beer and wine lists, happy hour rules, and, more often than not, entire food menus. Step 5: Treat every trial shift like an audition When you get a shot to tend bar, be ready to hustle. ' Treat every stage like an audition because that’s exactly what it is. 

Front of House

Modern Restaurant Management

APRIL 3, 2023

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.

Audits

Modern Restaurant Management

MAY 10, 2022

Why should you and your staff spend hours counting inventory, auditing invoices, and combing through contracts? Here are three ways you can reduce your restaurant supply and labor costs: Use Technology to Streamline Operations. Take food cost management for instance. Take food cost management for instance.

Supplies

Modern Restaurant Management

JULY 24, 2023

Artificial Intelligence (AI) technology has become invaluable in the food industry. AI can also improve sustainability within restaurants – and throughout their supply chains – with huge benefits that include waste and carbon emissions reduction, cost savings, and meeting consumer demand. Building consumer trust.

Supplies

Modern Restaurant Management

APRIL 28, 2023

What if I told you that you could solve a variety of your problems by improving your supply chain transparency? Supply chain transparency can provide vital information about suppliers’ environmental, social, and governance (ESG) initiatives. Customers want to know where their food is coming from.

Supplies

Modern Restaurant Management

DECEMBER 27, 2022

As we close out 2022, food production is at risk. We’re still facing product shortages, exacerbated by ongoing supply chain interruptions and the Russian-Ukrainian war stalling food shipments – including 9.5 Inflation is causing food prices – and food insecurity – to soar. . Focus on Sustainable Food Production.

Food Safety

Modern Restaurant Management

FEBRUARY 29, 2024

It’s wise to invest in fully featured software options, which offer audit management and compliance tracking capabilities to maximize the safety of your food, guests, and business. Increase quality and safety across the supply chain. Boost automation. Manage labor shortages. Differentiate yourself.

Food Safety

Modern Restaurant Management

SEPTEMBER 7, 2021

A : Contract overlaps and pricing have a lot of impact on restaurant operators and their business, especially for those without supply chain personnel or who are simply too busy to check or double check pricing contract structures. Here’s a deeper look at each: Constant Auditing of Invoices. Monitor Price and Market Trends.

Audits

Modern Restaurant Management

AUGUST 27, 2024

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. Once you are under audit, you may no longer remember some of the day-to-day details from a particular year, especially if it was six years ago.

Audits

Modern Restaurant Management

JANUARY 27, 2022

The restaurant industry is still dealing with pandemic-related issues, including supply chain disruptions, new COVID variants and surging cases, labor shortages, rising prices, and a shift in consumer demand. Make food safety and customer reassurance a priority to create a brand that customers (and employees) trust and support.

Kitchen Safety

Modern Restaurant Management

AUGUST 16, 2024

The landscape of food safety is ever evolving with advancements in digital technology and new tools opening the door to a new era of higher operational efficiency and regulatory compliance. A reactive response to catering compliance due to such will no longer do.

Food Safety

Modern Restaurant Management

AUGUST 25, 2021

One of the largest problems on the hands of restaurant and catering professionals through the unpredictable supply and demand of COVID-19 was food waste. Problems with supply left a deficit of some items and a surplus of others. Changing consumer demand made it hard to understand how much was too much.

Ordering

Modern Restaurant Management

DECEMBER 16, 2021

Our restaurant of the future is designed to benefit guests, employees and franchisees, with a new external design and a reimagined kitchen that will make it easier for us to serve hot, delicious food quickly for frictionless guest experiences, and we expect to see a lot more of that next year. Clinton Anderson, CEO, Fourth Enterprises.

2022

Modern Restaurant Management

OCTOBER 7, 2021

Food safety and restaurant cleanliness. Similarly, restaurant visitors expect their food to be of a consistent quality every time they visit. Both of these technological advancements are instrumental in ensuring excellent customer service and reducing food waste. Food Safety and Restaurant Cleanliness. Kitchen operations.

Technology

Modern Restaurant Management

SEPTEMBER 22, 2021

Make sure you do a projection and daily audit to ensure your payroll costs are commensurate with your current revenue. Food and Beverage Inventory and Paper Supplies. Similar to your payroll expenses, your food and beverage expenses are going to vary depending on the type of restaurant you run.

License

Modern Restaurant Management

JULY 17, 2023

When restaurants, food businesses, and other organizations become ISO certified, they’re showing that they: Prioritize safety, quality, and compliance, following strict guidelines to ensure safe, high-quality foods. Food safety training must be a priority for all employees on an ongoing basis. Meet consumer demand.

Innovation

Modern Restaurant Management

SEPTEMBER 9, 2020

While everything feels overwhelming in the world, focus on these five solvable challenges: Prioritize a Food Safety Culture. With or without a pandemic, food safety culture is what you do when no one is looking. Invest in Software Solutions. Invest in Software Solutions.

Management

Modern Restaurant Management

OCTOBER 18, 2022

Give them charging stations and a reason to stay (delicious food, great service, and a comfortable atmosphere) while their cars are charging. You already provide delicious food, exceptional customer service, and an inviting atmosphere, right? Elevate inspections and audits. Are you ordering proper quantities of food?

Food Safety

Modern Restaurant Management

AUGUST 29, 2022

restaurants wasting between 22 to 33 billion pounds of food each year, every improvement in operational efficiency is an essential contribution to preventing waste and reducing loss. Many restaurant managers have already moved to digital food safety programs that give them visibility into the state of their assets across multiple locations.

Operations

Modern Restaurant Management

AUGUST 11, 2020

Electrical Safety Checklist for Restaurants and Food Establishments. Here is a 10-points checklist you can use to assess your current readiness and create a suitable plan for improving electrical safety: Routine audit of all electrical devices, equipment, fixtures and wiring. Manually cutting off electrical power and gas supply.

Food Safety

Modern Restaurant Management

DECEMBER 29, 2022

Closures, supply chain problems, labor shortages, technology, and inflation are just a few of the challenges operators have faced in recent years. As automation evolves in the coming year, I see more operators getting on board to manage food and labor costs. The last few years have seen unprecedented disruption for restaurants.

2023

Modern Restaurant Management

JUNE 8, 2020

This, of course, is in addition to the other important safety protocols that restaurants must follow (cooking foods to proper temperatures, avoiding cross contamination, accommodating food allergies, etc.). Food safety sanitation procedures are more important than ever to combat the novel coronavirus. Invest in Digital Tools.

Food Safety