EATER

FEBRUARY 8, 2021

Financial terms of the deal weren’t disclosed, but the Chowbotics team have all become DoorDash employees, and the company will operate independently within DoorDash. “We The robot is used by companies like universities, hospitals, and grocery stores, according to a blog post from DoorDash general manager Penn Daniel.

2014 321

2014 Email Marketing Delivery Customer Service 321

7 Shifts

MARCH 10, 2021

Successful restaurant owners have many traits in common. Here we've outlined seven practices of highly successful restaurant owners. The fact that 60% of restaurants fail in their first year and 80% close within five years of their grand opening is an indication that few have what it takes for long-term success.

Management 370

Management Management Small Business Email Marketing 370

Culinary Cues

JANUARY 23, 2021

In the restaurant business there are really only two ways to view profit: a very small amount of profit balanced by very significant volume, or a significant amount of profit on far less volume. How you approach the design of your restaurant in this regard will determine nearly everything else. So what is contribution margin?

Point of Sale 450

Point of Sale Front of House Back of House Customer Experience 450

The Restaurant Group

APRIL 18, 2025

What is Restaurant Accounting? Simple Definition of Restaurant Accounting Restaurant accounting is the process of recording, analyzing, and interpreting financial data for a restaurant. How is Restaurant Accounting Different from Regular Accounting? Its simpler and often used by small restaurants.

Management 78

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Culinary Cues

JULY 23, 2023

Most restaurant owners, managers, family members of cooks, friends of cooks and chefs, those in other professions, service staff, and restaurant patrons, don’t get it. Build in those “business decision” standards that must be present, allow the chef to interpret them, but keep them as essential to the operation of the restaurant.

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Guest Recovery Seasonal Menu Presentation Customer Experience 419

Restaurant365

APRIL 23, 2020

As a restaurant owner or operator, you know that without monitoring, restaurant expenses can easily grow out of control. Your financial statements, such as your restaurant balance sheet, are tools to understand your business. Restaurant profit & loss statements.

Cash Management 78

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Modern Restaurant Management

APRIL 2, 2020

For additional resources, click COVID-19 Survival Guide for Restaurants and MRM Restaurant Survival Guide, Second Course and MRM Restaurant Survival Guide, Part Three. The National Restaurant Association Educational Foundation has launched the Restaurant Employee Relief Fund to support U.S. Live in the U.S.,

Employee Relations 517

Employee Relations Healthcare Online Ordering Customer Service 517

ChowNow

AUGUST 19, 2024

Whether you’re a roadside fruit stand or a Michelin star restaurant, cash flow management is crucial. Understandably, most restaurant owners aren’t financial experts. And there’s more to restaurant cash management than simply bringing in more money to cover expenses. What is Cash Flow?

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Cash Management Management Management Inventory 195

Culinary Cues

MARCH 24, 2020

While there is certainly some merit to this statement, the current isolation is pushing the envelope in that regard. So, now the cook’s restaurant is closed. www.harvestamericacues.com BLOG. We have all heard the phrase: “You can take the cook out of the kitchen, but you can’t take the kitchen out of the cook.”

Take-out 364

Take-out Uniforms Food Order Blog 364

ChowNow

JULY 10, 2024

Launching a restaurant is an exciting journey that can be filled with lots of twists and turns, but there’s a lot of effort and intention that goes into the process before you even open your doors to customers. For starters, it’s essential to start off with a well-structured and intentional restaurant business plan.

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Point of Sale Email Marketing License Customer Service 221

7 Shifts

JANUARY 7, 2021

With a new year comes new challenges, and after the year for the industry that was 2020, we want to help set your restaurant up for success in 2021. As restaurants reopen and business starts to pick up again, it’s important you pick up your marketing plan, too. Which is where your restaurant marketing plan comes in.

Marketing 195

Marketing 2021 SEO Loyalty Program 195

Paper Chase Accountancy

MAY 30, 2025

Sample Bookkeeping for Restaurants and Bars: In the hospitality industry without precise record-keeping, even the most successful establishments can find themselves adrift, struggling with cash flow, compliance, and ultimately, profitability. Bookkeeping is the often-unsung hero, forming the bedrock of smart financial management.

Bar 52

Bar Cash Management Point of Sale Back of House 52

Paper Chase Accountancy

MAY 21, 2025

At its core, sustainable growth and profitability are inextricably linked to accurate accounting and strategic financial advisory. Hotels, restaurants, and sprawling F&B groups operate within a unique financial landscape, demanding far more than generic bookkeeping.

Hospitality 52

Hospitality Sustainability Cash Management Hotels 52

Lavu

JUNE 6, 2025

Running a successful restaurant in 2025 means more than just great food—it requires smart financial decisions. With rising ingredient prices, labor shortages, and tighter margins, operators must find strategic ways to reduce restaurant costs without compromising quality or customer experience. Food cost control is crucial.

Loyalty Program 78

Loyalty Program Waste Recycling Inventory 78

Restaurant365

SEPTEMBER 23, 2021

Every business relies on good accounting, but it is especially true in the competitive restaurant industry. Whether you’re a bookkeeper, accountant, restaurant owner, or store-level manager, understanding the basics of accounting can pay dividends for your business. How is restaurant accounting different?

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Restaurant365

FEBRUARY 6, 2020

How to Do Bookkeeping for a Restaurant in 5 Simple Steps. Restaurant bookkeeping involves financial and accounting practices that track your business’ detailed costs and revenue. With the many moving pieces involved in a restaurant, a seamless accounting process can be difficult.

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Point of Sale Inventory POS Cash Management 138

Paper Chase Accountancy

MAY 21, 2025

Running a restaurant is an operational orchestra that involves every department to be pitch perfect. Behind the scenes, proper financial reporting is essential to business success and regulatory compliance. What is FRS 102? The Periodic Review was completed in March 2024, with key changes taking effect from January 2026.

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Restaurant365

DECEMBER 1, 2021

If you’ve kept up to date with daily, weekly, monthly and quarterly accounting tasks, then year-end accounting for your restaurant business is going to be a much smoother and streamlined process. Use this checklist as a reminder to ensure you don’t miss any steps along the way in closing your restaurant group’s books.

Book 148

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Modern Restaurant Management

MAY 12, 2020

In this edition of MRM News Bites, read about efforts to help the restaurant industry and heroes as well as "new normal" restaurant technology and products. The Dining Bond Initiative, a campaign that helps get funds to restaurants impacted by the coronavirus COVID-19, has gone global. Dining Bond Goes Global.

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Mobile Ordering Online Ordering Food Order Hospitality 378

Restaurant365

FEBRUARY 19, 2020

Staying competitive in the modern restaurant industry requires devoting time, energy, and resources to restaurant accounting. . Modern restaurant accounting methods depend on accurate and timely data about your business. What is Restaurant Accounting? The restaurant industry is infamous for slim margins.

Point of Sale 120

Point of Sale Cash Management Consumer Goods Inventory 120

Restaurant365

AUGUST 19, 2021

The success of your restaurant group, in the short- and long-term, rests on a solid foundation of restaurant financials. Restaurant accounting covers all areas of your business, even inventory. So, inventory has an important place in your restaurant accounting. Understanding restaurant accounting basics.

Inventory 147

Inventory Management Management Employee Relations 147

Restaurant365

NOVEMBER 18, 2021

How you run and track your payroll accounting has a significant impact on restaurant operations. From hiring and onboarding to running employee payments and paying taxes, payroll touches on many different parts of a restaurant business. Tracking labor and payroll data for restaurant employees.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

Restaurant365

FEBRUARY 22, 2022

Are you using restaurant analytics? Your restaurant group generates valuable data every day in the normal course of operations. Analyzing your restaurant data to get a detailed look at your profitability, food costs, and labor costs can drive strategic decisions and improve your bottom line.

Point of Sale 147

Point of Sale POS Inventory Seasonal Menu 147

Restaurant365

MARCH 26, 2020

See below for an overview of the bill, learn what relief the economic package offers restaurant businesses, as well as eligibility requirements and instructions for submitting a loan application. What the bill provides for restaurant operators. Small restaurant operators get the credit on all wages paid. Deferred payroll taxes.

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Small Business Download Document Online Ordering 147

Restaurant365

JUNE 9, 2020

As your restaurant business begins to recover from restrictions put on it due to COVID-19, it is crucial to assess your financials and strategize your costs. Running financial reports daily will also provide insights into your finances, allowing you to determine if you need additional financial guidance.

Cash Management 97

Cash Management Management Management Small Business 97

Restaurant365

DECEMBER 10, 2021

Payroll and accounting are some of the most complex, and critical, responsibilities for a restaurant. At the core, restaurant payroll is an accounting function. For many restaurants, payroll is done outside of restaurant accounting software, usually on different solutions. Synching your accounting and payroll cycle.

Point of Sale 146

Point of Sale Back of House Front of House POS 146

Restaurant365

APRIL 15, 2021

This blog post was originally published on September 10, 2019 and updated on April 15, 2021. Understanding a restaurant profit and loss statement (P&L) is a critical part of running a restaurant business – especially if you are a restaurant owner with multiple locations. Prime Cost.

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Point of Sale Cash Management Beverage Insurance 78

Restaurant365

MAY 14, 2021

If you manage a restaurant, you’ve probably heard this statement from above-store management: “You need to know how to read a restaurant P&L statement.” P&L may seem like just another acronym, but it is actually an extremely important tool for managing a successful restaurant business.

Management 78

Management Management Point of Sale Inventory 78

Restaurant365

DECEMBER 11, 2020

The year 2020 prompted enormous changes in the restaurant industry. The events of this year made running a lean, streamlined restaurant business a necessity to survive the many shifts. As 2021 begins, there are many restaurant management best practices that can be applied to strengthen your business, in the short and long term.

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2021 Cash Management Management Management 136

The Restaurant Group

AUGUST 11, 2024

The Impact of a Restaurant Consultant on Your Business Success Managing a restaurant isn’t as glamorous or easy as it may seem. The hours are long, the profit margins are thin, and the overheads are high, but bringing a skilled restaurant consultant like TRG on board can make a world of difference.

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Hiring Design Customer Experience Inventory 78

Sling

AUGUST 1, 2024

Effective restaurant bookkeeping is essential if you want to ensure your operation’s success. In this article, we discuss how to get started with restaurant bookkeeping and the terms and practices that make it work. For example, do you know what cost of goods sold, gross profit, and prime cost mean? Do you know how to calculate them?

Management 78

Management Management Cash Management Seating 78

Restaurant365

JULY 17, 2020

Most multi-unit restaurant groups run each of their locations as a separate legal entity. If all entities are held under a holding company, the GAAP financial statements can be consolidated to see the true picture of the overall business. Standardize Restaurant Accounting Procedures. What is intercompany accounting?

Point of Sale 78

Point of Sale Consumer Goods POS Front of House 78

Culinary Cues

MARCH 12, 2023

On the surface this statement of fact implies that if you put in the effort, and do what is expected, then you can and should expect a fair wage for your effort. Shouldn’t it be more meaningful than what this statement implies? Dylan Thomas So, as a cook, a chef, or any other restaurant employee how does this apply?

Café 518

Café Definition Sustainability Blog 518

The Restaurant Group

JUNE 25, 2024

Navigating the Restaurant Industry: A Comprehensive Guide to Restaurant Consulting With 749,404 restaurants in the U.S., With the expert guidance and advice of restaurant consulting firms like TRG, you can achieve the prime spot in this dynamic sector. Restaurant consulting services can help you tackle these challenges.

Kitchen Safety 78

Kitchen Safety Food Safety Restaurant Law Design 78

Cheetah

MAY 1, 2020

In an effort to help San Francisco restaurants stay afloat in this unstable economic reality, Mayor London Breed has recently capped the fees food delivery apps can charge restaurants at 15%. “In What they don’t know is that every time they place an order via a third-party food delivery app it’s costing the restaurant money.

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Delivery Food Mobile Ordering Insurance 109

Restaurant365

FEBRUARY 1, 2022

As a seasoned accounting or finance leader, you know that restaurant accounting is unique. But do your restaurant bookkeepers know the ins and outs of restaurant accounting? If they’ve come from a manufacturing or retail accounting background, for example, restaurant accounting may seem foreign to them.

Point of Sale 78

Point of Sale POS Consumer Goods Book 78

Rocket Fuel

MARCH 2, 2022

The duos’ automation of accounts payable data has resulted in both time and financial gains for operators across the country. . It’s no secret that restaurants run on thin margins, little time, and countless activities in daily operations. Reconciling statements. How often do statement reconciliations occur?

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Cash Management Operations Consumer Goods Information 98