Hot Schedules

MARCH 29, 2021

We asked Assen to share one piece of advice to people interested in a PO role: “My sister actually gave me a present when I got promoted to a Product Owner – a book, which I strongly recommend to both present and future POs. Related Posts. Where Business Meets Technology.

Technology 148

Technology Insurance Healthcare Recruiting 148

BNG Point of Sale

SEPTEMBER 2, 2021

This blog post will go over the typical restaurant overhead costs and expenses, including rent, utilities, labor wages for employees, licenses and permits, food cost percentages, and more. Operating expenses, which are not related to production, are overhead costs. Business insurance . A rising tide raises all boats.

Employee Relations 52

Employee Relations License Point of Sale Food Supply 52

Restaurant365

JULY 24, 2020

The focus of this blog post is to help existing restaurants launch their own ghost kitchens. Third-party apps can take 30% of your delivery earnings and in-house delivery has its own costs, such as salaries, vehicle maintenance, gasoline and insurance. How a ghost kitchen works. Another con is the cost of delivery.

Front of House 147

Front of House Online Ordering Kitchen Safety Customer Service 147

Restaurant365

AUGUST 19, 2020

For food service and hospitality in particular, an essential part of the guest experience is the interaction with employees. In addition, in the age of social media, your labor practices and HR policies are under closer scrutiny than ever by both your employees and the public. Design an employee onboarding process.

Restaurant Law 131

Restaurant Law Recruiting Employee Relations Food Safety 131

Restaurant365

SEPTEMBER 23, 2021

with automated invoice coding and entry, and direct feeds of POS data. The costs of running a restaurant can be broken into four basic categories: Labor cost: all expenses related to labor, including hourly wages, salaries, payroll taxes, and any employee benefits. Record Daily Sales Through Your POS. Restaurant Expenses.

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Restaurant365

APRIL 19, 2022

How to manage labor cost is a challenge that all restaurant operators face daily as many restaurant businesses are forced to offer more competitive wages, benefits to hourly employees and other concessions to attract more employees from the shrinking applicant pool. Total Labor Cost. Labor Cost Percentage. Sales Per Labor hour (SPLH).

Point of Sale 78

Point of Sale FOH Front of House Back of House 78

Restaurant365

DECEMBER 17, 2019

Recurring restaurant costs would include costs like lease or mortgage payments, employee salaries, food and beverage costs, utilities, insurance and permits. Fixed costs such as insurance, rent, and loan payments do not fluctuate month to month. These recurring costs can be broken down further by category.

Point of Sale 120

Point of Sale License Insurance Employee Relations 120

Restaurant365

OCTOBER 22, 2021

Typically, your total labor cost accounts for “fully burdened labor”, which includes your hourly and salaried wages, payroll taxes, benefits like health insurance or vacation days, bonuses, overtime, and more. To get accurate expenses and revenue numbers, pull restaurant data from your POS and restaurant accounting software.

Point of Sale 78

Point of Sale Insurance Inventory Cash Management 78

Restaurant365

JUNE 17, 2020

Your payroll is the process of calculating and distributing wages to your employees. The restaurant industry faces a lot of industry-specific regulations on payroll, with laws regulating hourly employee scheduling and tipped wage workers, as well as compliance with the Affordable Care Act regarding seasonal and variable hour employees.

Tip Distribution 78

Tip Distribution Point of Sale Employee Relations Restaurant Law 78

Restaurant365

OCTOBER 23, 2019

COGS totaled takes into account the ingredients that make up your food andbeverage sales, and related supplies (like napkins or coffee filters). It’s important to note that COGS doesn’t include one-time, non-inventory-related costs, like repairs for a broken oven, new barstools, restaurant decorations, or utility bills.

Point of Sale 74

Point of Sale Inventory Employee Relations Insurance 74

Restaurant365

OCTOBER 14, 2020

A point of sale (POS) system fully integrated with your restaurant accounting software can help you keep track of the numbers you need, making an all-in-one system important for your budgeting. Operating expenses also include fixed costs like your rent, utilities, or insurance. Calculate Net Income. Examine Your Operating Costs Budget.

Point of Sale 78

Point of Sale Email Marketing Cash Management Advertising 78

Restaurant365

AUGUST 19, 2021

Labor costs (employee wages, payroll taxes, employee benefits, etc.). Occupancy expenses (fixed costs such as rent, property taxes, and property insurance). How your restaurant inventory relates to net profit. Your overall profit margin depends on your sales relative to expenses.

Inventory 147

Inventory Management Management Employee Relations 147

Apicbase

JUNE 16, 2023

This blog provides an organised overview of the key metrics multi-site restaurant brands should track. How to Process Restaurant Metrics To process restaurant metrics, you must gather data on various aspects of your restaurant’s operations, such as sales, expenses, customer satisfaction, and employee performance.

Point of Sale 52

Point of Sale Inventory Waste Employee Relations 52

Restaurant365

MAY 14, 2021

Your restaurant’s chart of accounts lists all the important financial information related to the business. This includes hourly wages, salaried wages, payroll taxes, and any employee benefits you offer. Occupancy expenses are the fixed costs of your physical location, such as rent, property taxes, and property insurance.

Management 78

Management Management Point of Sale Inventory 78