Modern Restaurant Management

DECEMBER 18, 2024

So much data is generated at every point within a restaurant, whether fast casual or fine dining. The quicker businesses can feed that information back into operations, the better, whether for personalized dining, staffing optimization, or advertising and marketing.

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2025 Loyalty Program Social Media Fast Casual 419

Paper Chase Accountancy

JULY 2, 2025

The restaurant industry’s rapid pace demands agility, and that agility stems directly from timely, accurate financial information. Sales tax, payroll taxes, income tax – the list is extensive. In this high-stakes environment, an annual scramble to sort out finances is a recipe for disaster.

Cash Management 93

Cash Management Tip Distribution Point of Sale POS 93

Perfect Daily Grind

JUNE 27, 2025

Earlier this week, Starbucks denied reports that it’s seeking a full sale of its China operations. The coffee chain started a formal sales process for its China division in May 2025, which CEO Brian Niccol claims has attracted strong investor interest. The sale comes off the back of Starbucks’ continued market struggles in China.

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2025 Workshop Events Point of Sale 114

Perfect Daily Grind

JUNE 19, 2025

Editor’s note Specialty coffee consumption in the US has reached a 14‑year high. According to the National Coffee Association, 46% of adults in the US reported drinking a specialty coffee in the past day, up 84% since 2011 and surpassing past-day traditional coffee consumption at 42%. London September ICE robusta futures fell by 6.4%

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2025 Café Events Sustainability 127

7 Shifts

NOVEMBER 15, 2024

Hiring the right wait staff is one of the most critical decisions for any restaurant owner. Your waiters and waitresses are the face of your establishment, shaping the customer experience and directly impacting revenue. According to 51% of restaurant operators, staffing is one of the top challenges to success.

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Hiring Dietary Restrictions Customer Service Customer Experience 195

Lavu

JUNE 26, 2025

Understanding Accounting for Restaurant Business Methods Although accounting for restaurant businesses is a topic that many restaurateurs try to avoid, it is an essential element of running a business. You cannot manage your restaurant properly without going into the accounting details. But the importance of this administration cannot be emphasized.

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2025 Cash Management Point of Sale POS 113

Lavu

MARCH 17, 2025

The food cost formula is a key metric used in the restaurant industry to determine how much a business spends on ingredients compared to its revenue from food sales. Calculating Food Cost Percentage Basic Food Cost Formula To keep your restaurant profitable, you need to know this formula: (Cost of Goods Sold / Total Food Sales) x 100.

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Food Waste Seasonal Menu Inventory 78

The Restaurant Group

APRIL 18, 2025

Unique Features of Restaurant Accounting Restaurant accounting encompasses all financial activities of a restaurant or restaurant group, from accurately recording purchases and ongoing expenses to creating financial reports that allow owners to make decisions quickly based on up-to-the-minute information. What is Restaurant Accounting?

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Management Management Cash Management Inventory 78

SpotOn

DECEMBER 27, 2024

Guests get free food and operators gain a database of loyal customers, a tool for increasing sales, and a way to differentiate themselves in a competitive market. Points-based loyalty program With this kind of loyalty program, customers earn points per purchase. What are some different kinds of customer loyalty programs?

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Loyalty Program Point of Sale Online Ordering Front of House 52

Lavu

JULY 11, 2025

Beyond operational speed, these systems equip business owners with real-time data to make informed decisions. Cloud-based POS systems offer instant access to critical data – sales figures, staff performance, and customer preferences – via any internet-connected device. This mobility isn’t just limited to servers.

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POS Management Management Mobile Ordering 78

Lavu

JUNE 6, 2025

This calculation involves dividing the cost of food sold by the total food sales and multiplying the result by 100 to get the food cost. Discovering new ways to reduce costs in restaurant management can boost profits. Focusing on making more money is essential to keep your business successful in the long run.

Loyalty Program 78

Loyalty Program Waste Recycling Inventory 78

SpotOn

MARCH 21, 2025

It requires accurate data on food costs, total sales, overhead costs, labor costs, and all the many costs in between. You just plug in the numbers alongside your current menu prices and item sales and it does all the number crunching for you. When you go out to eat, you're not just paying for the food.

Pricing 52

Pricing Menu Point of Sale Seasonal Menu 52

Paper Chase Accountancy

JULY 25, 2025

Fluctuating Occupancy/Demand: For hotels, occupancy rates directly impact revenue, while for restaurants, daily covers drive sales. Point-of-Sale (POS) Integration: Seamless integration with POS systems is critical for capturing sales data, managing inventory in real-time, and ensuring accurate revenue reporting.

Hospitality 52

Hospitality Cash Management Tip Distribution Seasonal Menu 52

Lavu

APRIL 25, 2025

By connecting your point-of-sale (POS) system with tools like online ordering, accounting, and inventory management, you can automate tasks, reduce errors, and improve customer service. Plus, it automatically updates inventory and sales data as orders come in. Want to run your restaurant more smoothly and save time?

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POS 2025 Loyalty Program Online Ordering 78

Clover - Restaurants

JUNE 30, 2025

In this blog post, we will explore the key restaurant technologies you can integrate into your hospitality business, including Checkless Payments, Floor Cues, and handheld point-of-sale (POS) systems, to transform your operations and boost your bottom line. Some benefits to Checkless Payments include: Branded pre-dining experience.

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Hospitality Technology FOH Front of House 52

Paper Chase Accountancy

JULY 9, 2025

Understanding these benchmarks allows operators to identify areas of strength, pinpoint inefficiencies, and make informed decisions to enhance profitability and stability. Food/Beverage Sales: What percentage of your revenue should be coming from food and what percentage of sales are from beverages.

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Hospitality Fine Dining Fast Casual Loyalty Program 59

Paper Chase Accountancy

MAY 30, 2025

It’s the invisible framework that supports informed decision-making, ensures regulatory compliance, and illuminates the path to sustained growth. A single percentage point difference in food costs or labor can be the difference between profit and loss.

Bar 52

Bar Cash Management Point of Sale Back of House 52

Paper Chase Accountancy

MAY 21, 2025

Point-of-Sale (POS) System Integration: Seamless integration of POS data into accounting systems is crucial for real-time sales tracking, accurate revenue recognition, and identifying trends. Grasp why specialized hospitality accountancy is not just an advantage, but a necessity, over general accounting practices.

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Hospitality Sustainability Cash Management Hotels 52

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.

Book 52

Book Cash Management Hotels Hospitality 52

SpotOn

DECEMBER 30, 2024

Restaurant profit margin calculator How to lower restaurant costs How to increase restaurant sales Gross and net profit margins for restaurants In restaurants, profit margin is the percentage of revenue left over after expenses and costs are taken out. We all know it. Restaurant profit margins are pretty low.

Operations 52

Operations Loyalty Program Online Ordering Fast Casual 52

Paper Chase Accountancy

MAY 30, 2025

Just as the backbone holds up the body, so does financial accounting underpin the success of hospitality businesses. This fundamental discipline, when expertly managed, ensures the financial health of restaurants and hotels, enabling them to thrive even in challenging market conditions.

Hotels 52

Hotels Hospitality Cash Management Restaurant Law 52

Paper Chase Accountancy

JUNE 23, 2025

It’s not just about hiring someone who’s good with numbers, but finding a professional who understands the unique financial challenges and complexities of the hospitality industry. Let’s explore some tips and considerations that could guide you in making this crucial decision. Learn more about our Accounting Services !

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Cash Management Restaurant Law Hotels Hospitality 93

Paper Chase Accountancy

MAY 20, 2025

In the bustling world of gastronomy, the art of restaurant bookkeeping often takes a backseat. It’s a nuanced dance, balancing income and expenditure, ensuring the financial health of the establishment. This guide aims to simplify the process, whether you’re a seasoned restaurateur or new to the industry.

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Cash Management Hotels Hospitality Point of Sale 52

Restaurant Business

JULY 14, 2025

In May, the number of news searches that resulted in no click-throughs was nearly 69%, up 14 points from a year ago, according to Similarweb, implying that people are searching for something, reading the overview and leaving without clicking on anything. Here are some tips and tricks to consider. By Joe Guszkowski on Jul.

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Social Media SEO Leadership Technology 167

Apicbase

OCTOBER 25, 2024

It starts with accurate pricing, clear dish descriptions, and consistent nutritional information. When restaurants fail to manage their food and beverage offerings properly, all kinds of problems start to crop up quickly, often within just a few weeks. The more locations you operate, the bigger the loss.

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Menu Management Management Allergens 52

Restaurant Engine

MAY 14, 2025

For many restaurants, you have access to a loyalty program right through your point of sale system or digital platforms. Points-Based Program Your customers earn points for each dollar they spend. They can redeem their points for rewards like free items, discounts, or exclusive experiences. Segment customer lists.

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Loyalty Program Website Management Point of Sale Customer Experience 52

Modern Restaurant Management

APRIL 29, 2025

“It now accounts for a larger share of sales for 58 percent of limited-service and 41 percent of full-service operators compared with 2019—providing a critical path to restaurant resilience and growth despite ongoing economic pressures.” More than 60 percent say they’re ordering off-premises more often than a year ago.

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Reservations 2025 Marketing Loyalty Program 488

Paper Chase Accountancy

JULY 21, 2025

Specialized hospitality accountants provide essential services like inventory management, accurate payroll processing, and tracking daily sales and expenses. Key Takeaways Hospitality accounting solutions streamline financial management and ensure regulatory compliance, vital for growth in the industry.

Hospitality 52

Hospitality Cash Management Hotels Point of Sale 52

Modern Restaurant Management

NOVEMBER 1, 2024

Most Restaurants Increased Sales in 2024 Approximately 63 percent of restaurant operators that manage finances said their profits in 2024 increased compared to last year. Most Restaurants Increased Sales in 2024 Approximately 63 percent of restaurant operators that manage finances said their profits in 2024 increased compared to last year.

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Point of Sale 2024 Mobile Ordering Consumer Goods 221

Paper Chase Accountancy

JUNE 12, 2025

Just like a key can unlock a door, innovative hospitality finance solutions can open up new avenues of growth for hotels and restaurants. In an industry where margins are often razor-thin, the right financial strategies can make a significant difference. So, what could the key to unlocking this growth look like?

Hotels 52

Hotels Hospitality Cash Management Customer Service 52

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. Curious to find out more?

Tip Distribution 52

Tip Distribution Audits Cash Management Restaurant Law 52

Paper Chase Accountancy

JULY 7, 2025

It’s not just about maintaining financial records, but understanding the unique needs of the food and beverage industry and how these can significantly impact daily operations and profitability. Outsourced bookkeeping provides restaurant owners with reliable financial information, enabling them to make informed decisions.

Cash Management 52

Cash Management Hotels Restaurant Law Hospitality 52

Modern Restaurant Management

DECEMBER 17, 2024

From inventory management to predictive labor scheduling, AI tools will help restaurants cut costs and adapt in real-time, while providing operators valuable data to help inform business decisions. While features like ordering and paying via QR codes have become the norm, Back-of-House systems have lagged in sophistication.

2025 419

2025 Back of House Front of House Customer Experience 419

Paper Chase Accountancy

JULY 15, 2025

Imagine a bustling restaurant, where the sizzle of the grill and the clink of glasses form a symphony of success. Yet, behind this vibrant scene, there’s a complex world of financial management that’s often overlooked. Learn more about our Accounting Services !

Cash Management 52

Cash Management Hotels Restaurant Law Hospitality 52

Paper Chase Accountancy

JUNE 5, 2025

Accounting for restaurants and bars often requires tracking numerous revenue streams, from food and beverage sales to event hosting. This intricate dance between numbers and people creates a fascinating landscape, one that begs for a closer look to truly appreciate the art of financial management in the hospitality industry.

Hospitality 52

Hospitality Cash Management Hotels Restaurant Law 52

Paper Chase Accountancy

MAY 22, 2025

Paperchase’s financial specialists in the restaurant and bar industry analyzed same store data across all restaurant sectors to detail the correlation between equity-market crashes and the food and beverage business. Looking back at the most recent recession, dining out dropped 8.8% Currently, the economy is showing a familiar pattern.

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Hospitality Fast Casual Marketing Fine Dining 52

The Rail

JANUARY 13, 2023

By Julia Nikolaus, Contributor As a restaurateur or manager, you know just how competitive the non-alcoholic beverage market can be. Below, we'll outline several approaches that will help propel your restaurant forward by making it more visible than ever before -- all while boosting sales! #1 1 - Use Unique Brand-Focused Materials.

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Beverage Marketing Customer Experience Social Media 290