Audits Small Business Tip Distribution 
Modern Restaurant Management
OCTOBER 24, 2024
These trends are driven by Millennial and Gen Z consumers, who are more willing to pay a premium for sustainable products; those consumers also tend to be more online and acutely aware of the impact of business practices on the lives of people and the future of the planet. But is B Corp certification something restaurants should pursue?
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. Professional tips for hospitality accounting that directly contribute to sustained business growth. In this high-stakes environment, an annual scramble to sort out finances is a recipe for disaster.
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Paper Chase Accountancy
JUNE 2, 2025
Is it not a paradox that in the bustling world of restaurants, where every cent counts, the handling of tips often falls through the cracks? While a seemingly small detail, the proper management of tips can significantly impact a restaurant’s financial health and its employees’ satisfaction.
Paper Chase Accountancy
MAY 21, 2025
As a global leader in hospitality industry accounting and advisory services, Paperchase empowers businesses across diverse markets to navigate their financial complexities with precision and foresight. Gain invaluable insights into choosing the ideal hospitality accounting firm to suit your specific business needs.
7 Shifts
JUNE 3, 2022
73% of those employees still receive tips. Implement a tip pool. Tip pooling is another way that restaurants are changing up compensation more fair across the board. A tip pool eliminates some of the downsides of tipping like inconsistent wages, an emphasis on “good tables,” and an individual mentality among serving staff.
Embrace the Suck
DECEMBER 25, 2019
Having worked as a consultant for a large foodservice distributor for 4 years, I learned a lot about their business. It’s my duty to give you an edge that can help you run a more profitable business. One thing you have to know up front is that their business is a lot like yours: uber-competitive! ” Not so fast.
7 Shifts
SEPTEMBER 7, 2021
We also wanted to see if the inflation concerns many are expressing are showing in restaurants as large flows of government stimulus are distributed. Are restaurant patrons adjusting their tips to help offset these higher prices? For this question, we also used 2019 vs 2021 tip data. Make small menu price adjustments.
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