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Strategies for Achieving a Zero-Waste Kitchen in Your Restaurant

Modern Restaurant Management

Teach workers how to implement a waste auditing system that allows both you and them to identify patterns in wastage. This government-backed program makes it easier for consumers to identify appliances that meet high energy-efficiency standards. Therefore, train your staff in waste monitoring practices.

Waste 309
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The Cost of B-ing Good

Modern Restaurant Management

B Corp Certification, a credential bestowed by the non-profit organization B Labs, is a way for businesses to address those concerns and more as they undertake an in-depth auditing process, and come out with a seal of authenticity around their sustainability and social responsibility claims and a branding kit to help promote it.

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Bridging the Gap: Integrating Legal and Insurance Considerations into Restaurant Cybersecurity Response

Modern Restaurant Management

Restaurant groups should consider implementing a data governance committee that includes representatives from all departments with oversight of customer data. Monthly meetings between IT directors, risk managers, legal counsel, and insurance brokers can foster a culture of collaborative security awareness.

Insurance 282
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Accounting for Tips in Restaurants

Paper Chase Accountancy

Regular Audits : Conduct routine checks to verify reported tips align with sales records. Regular audits are also necessary to verify the accuracy of the recorded data. Discrepancies between claimed and reported tips can lead to audit issues and penalties, highlighting the need for accurate record-keeping.

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Top 5 Benefits of Outsourcing Restaurant Bookkeeping Services in NYC

Paper Chase Accountancy

They understand the unique financial dynamics that govern the restaurant industry, from variable costs like food and labor to fixed costs like rent and utilities. They’re also well-versed in dealing with audits, offering invaluable support should your restaurant face one.

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NAICS Codes Explained: How to Classify Your Shared Kitchen

The Food Corridor

These codes are used in everything from registering your business to applying for grants, insurance, and government contracts. Appropriate NAICS code for some government contract bidding. “Codes affect taxes, grants, and audits.” Bonus: Registering for Government Contracts Want to bid on federal or state contracts?

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FRS 102 Accounting Compliance for Restaurateurs

Paper Chase Accountancy

For restaurants with multiple leased locations, this means a more detailed tracking of your lease portfolio often requiring software or accounting support to stay compliant and audit-ready. FRS 102 Section 17 governs how these items should be capitalized and depreciated.