Audits Point of Sale Travel 
Paper Chase Accountancy
JULY 25, 2025
Travel Services: Tour operators, travel agencies, and cruise lines. Fluctuating Occupancy/Demand: For hotels, occupancy rates directly impact revenue, while for restaurants, daily covers drive sales. Key Takeaways Understand the key functions and principles of hospitality and leisure accounting.
Paper Chase Accountancy
JULY 24, 2025
These books aid in tracking sales, managing payroll, and handling expenses accurately. We’ll explore why these books are indispensable in daily operations, dissect their key components from sales to payroll, and highlight common pitfalls in restaurant bookkeeping.
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Modern Restaurant Management
DECEMBER 27, 2022
Then, you may also have more intangible costs of an unhappy customer spreading poor word-of-mouth about your restaurant, negative reviews on social media, and decreased traffic, lower sales, and customer loyalty. million tons of grain. Inflation is causing food prices – and food insecurity – to soar. . Focus on Sustainable Food Production.
Modern Restaurant Management
JUNE 6, 2022
For many brands, an annual audit was the norm, while employees may have focused on not "getting in trouble" or "getting a good score" rather than the creation of culture. During the pandemic, travel restrictions meant restaurants had to figure out new ways to inspect their facilities. The Demand for Transparency.
Modern Restaurant Management
OCTOBER 26, 2022
This research, from the March edition of the Digital Economy Payments report, “Going Digital to Pay for Travel and Restaurant Dining” also found that credit cards account for the greatest share of food spending with consumers using credit cards to purchase an estimated $29.8 According to a PYMNTS survey of 3,250 U.S.
Modern Restaurant Management
JULY 1, 2020
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the rise of eCommerce, economic impact, dining during COVID and hot dog insights. Yelp's Economic Impact Report. Key findings for the restaurant industry include: Restaurant Closures Data. Restaurants had a high rate of permanent closures.
7 Shifts
JUNE 3, 2022
While money isn't everything, it's one of the biggest pain points for restaurant workers right now. Whether they're in school, have kids, or need time for auditions, restaurant workers can live the lifestyle they want outside the traditional 9-to-5. We don't have to tell you that the restaurant industry has a turnover problem.
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