article thumbnail

Inside the World of Hospitality and Leisure Accounting

Paper Chase Accountancy

Amusement Parks and Entertainment Venues: Themed parks, theaters, concert halls, and sports arenas. Mixing Business and Personal Expenses: Especially common in smaller or family-owned businesses, this can lead to audit flags and inaccurate financial pictures. Travel Services: Tour operators, travel agencies, and cruise lines.

article thumbnail

Seven Ways to Lower Restaurant Labor Cost

Modern Restaurant Management

Number Three : Audit your time keeping. Number Four : Audit sales every half-hour in your POS system. For example, I worked with a restaurant owner who had a sports bar in Augusta, Georgia, that is blocks away from the Masters. They’re not working, and they are milking the time clock. But you know what?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

MRM Research Roundup: Mid-Year 2020 Edition

Modern Restaurant Management

shows that consumers feel safer when hotels and restaurants raise their cleaning protocols to include hospital-grade disinfectants and third-party audits. Check clean through periodic on-demand training, auditing and verification that procedures have been followed.

article thumbnail

8 Reasons Why Restaurant Workers Quit (And How to Retain Them)

7 Shifts

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. If you want something done, find time to recognize when it's being done and scream it from the rooftops,” says Chris Williams, Director of Brand at Walk-On's Sports Bistreaux.

article thumbnail

Face Pay Network, Restaurant of the Future and The Main Course

Modern Restaurant Management

PopPay follows the national roll-out of PopEntry+, the combined facial recognition and thermal temperature screening device now in use in private and government offices, factories, restaurants, assistant living facilities, sports venues and on college campuses. US Foods Ghost Kitchens. US Foods Holding Corp.

article thumbnail

Improve Your CX and Reduce Operating Costs with a Simplified Payments Strategy

Modern Restaurant Management

Whether you own or operate a bar, restaurant, hotel, resort, casino, or sports venue, your ability to control costs and deliver a satisfying CX depends on many factors. It can also be the enemy of payment processing cost efficiencies and the ability to deliver a satisfying customer experience (CX). What is your payments strategy?

article thumbnail

MRM Franchise Feed: Randy’s Donuts Plans Rise and Burger King Makes Sustainable Commitment

Modern Restaurant Management

I have always enjoyed Twin Peaks and believed it was a great concept with its delicious scratch-made food, 29-degree beer and sports viewing atmosphere. Dallas Cowboys Quarterback Dak Prescott is now a co-owner of the Walk-On’s Sports Bistreaux,'sDallas-Fort Worth and Waco restaurants.