Remove Audits Remove Tip Distribution Remove Waste
article thumbnail

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.

article thumbnail

Monthly Restaurant Accounting: Tax and Financial Tips 

Paper Chase Accountancy

This blog offers a comprehensive checklist of monthly restaurant accounting activities, invaluable tax preparation advice, and expert tips to streamline your reporting with the indispensable support of bookkeeping and accounting services. Professional tips for hospitality accounting that directly contribute to sustained business growth.

Insiders

Sign Up for our Newsletter

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

article thumbnail

2024 Outlook: Restaurant Trends and Challenges, Part Three

Modern Restaurant Management

This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits. Systems and tools are now adept at handling segmentation and distribution, powered by a richer pool of 1P and 0P data. It makes everything easier.

2024 539
article thumbnail

The Ultimate Guide to Restaurant Costs

7 Shifts

Audit and Improve Processes Analyze all processes such as inventory management and time clocking to see if you can make improvements to boost efficiency. Pro tip : Use this labor cost savings calculator to see how much you can save on labor costs using a scheduling app like 7shifts. A employee scheduling software like 7shifts can help.

License 370
article thumbnail

15 Tips for Reducing Restaurant Food Waste

Restaurant365

Restaurant food waste is a pressing topic in the food and restaurant industry. ” However, the impact of food waste doesn’t just stop at landfills. ” However, the impact of food waste doesn’t just stop at landfills. Are you ready to see what you can implement to start reducing your restaurant food waste?

Waste 78
article thumbnail

How to Reduce Food Waste in Restaurants: 16 Practical Tips

Touch Bistro

And one area that is often overlooked is the question of how to reduce food waste in restaurants. Food waste costs restaurants a staggering $162 billion per year , and in America alone, restaurants generate as much as 33 billion pounds of food waste per year. Different Types of Restaurant Food Waste.

Waste 59
article thumbnail

Hospitality Industry Accounting and Advisory Services: The Path to Sustainable Growth 

Paper Chase Accountancy

High Labor Costs: Staffing, often a significant portion of operational expenses, involves complex payroll structures, tip reporting, overtime, and benefits, all requiring meticulous tracking. Tip Management and Reporting: Ensuring accurate calculation, distribution, and reporting of tips for compliance and employee satisfaction.