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.

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Management Management Cash Management Inventory 78

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.

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Loyalty Program Waste Recycling Inventory 78

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.,

Healthcare 517

Healthcare Employee Relations Online Ordering Customer Service 517

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

Embrace the Suck

MARCH 29, 2019

Eating like s**t when you work in a restaurant is a serious crime against yourself. Stop lying to yourself that you don’t have time or that you need to be at the restaurant all damn day. Those that get the restaurant and life they want are not lucky, they just became obsessed with learning and training. Self Care.

Training 242

Training Hiring Take-out Book 242

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. Track Your Daily Sales.

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Point of Sale Inventory POS Cash Management 138

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

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.

Small Business 147

Small Business Download Document Online Ordering 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. Simplifying tracking labor and payroll data. Simplifying tracking labor and payroll data.

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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.

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Point of Sale POS Inventory Seasonal Menu 147

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

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.

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Book Inventory Demo Delivery 148

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

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

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

Cash Management Management Management Point of Sale 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.

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Management Management Point of Sale Inventory 78

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. Create a restaurant budget. Many restaurants lose money because of inefficient labor estimates. One of these costs is labor.

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Cash Management Management Management Small Business 97

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

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.

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Kitchen Safety Food Safety Restaurant Law Seasonal Menu 78

Restaurant365

APRIL 30, 2020

Whether you realize it or not, data is constantly being generated at your restaurant. Your business already contains this information, but are you taking full advantage of your restaurant analytics to thrive in the present as well as when you’re operating again at near or full capacity? What are Restaurant Analytics?

Loyalty Program 78

Loyalty Program Point of Sale Seasonal Menu Inventory 78

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.

Small Business 78

Small Business Download Document Online Ordering 78

Restaurant365

APRIL 16, 2021

Restaurant owners and operators have faced enormous challenges over the last year. It’s time to focus on getting back to pre-COVID profit margins. As you examine your restaurant accounting and operations, where should you start? As you examine your restaurant accounting and operations, where should you start?

Loyalty Program 88

Loyalty Program Point of Sale Guest Recovery Seasonal Menu 88

Focus POS

JUNE 17, 2019

Restaurant Point of Sale Software. What is restaurant point of sale (POS) software? Restaurant point of sale software empowers businesses to control labor costs, manage inventory, and have deeper visibility into business operations. Benefits of Restaurant Point of Sale Software. Friendly UI and UX.

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Point of Sale Cash Management POS Mobile Ordering 113

Restaurant365

APRIL 1, 2021

For multi-unit restaurant operators, your store-level restaurant manager is one of the greatest influences on an individual location’s performance. Upper management or corporate can implement any number of policies, but it is the store manager that connects it to individual restaurant team members.

Management 78

Management Management Inventory Hiring 78

Restaurant365

JUNE 2, 2020

You can’t run a restaurant without employees, which means that processing payroll is an essential task for restaurant owners, operators, and managers. For restaurant owners and operators, the first step in understanding your payroll is to familiarize yourself with the basic concepts, regulations, and responsibilities.

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Tip Distribution Restaurant Law Cash Management Front of House 109

The Restaurant Group

APRIL 13, 2023

Launching a restaurant is no small task. Well, if you’re looking at a turn-key consulting service, the consultant will undertake every task, from developing your restaurant’s concept to managing the grand opening. Some restaurants may also hire a consultant to conduct the location research for them based on the business plan.

Recruiting 78

Recruiting Cash Management Small Business Hiring 78

Restaurant365

MARCH 11, 2021

Running your restaurant requires keeping track of tons of moving pieces. So when it comes to your back office solution, maximizing performance is highly dependent on simplifying your restaurant management software as much as possible. Powerful restaurant accounting abilities.

Management 17

Management Management Inventory Cash Management 17

Restaurant365

OCTOBER 29, 2019

Restaurant reports distill complicated restaurant data into informative snapshots about the financial health of your business. The basics of restaurant reporting. These automated restaurant reports are easy to view, analyze, and apply in one location or across multiple stores.

Point of Sale 74

Point of Sale Pricing Inventory POS 74

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. Consequently, the related revenues, cost of goods sold, and profits are eliminated.

Point of Sale 78

Point of Sale Consumer Goods POS Front of House 78

Restaurant365

JUNE 4, 2021

As a restaurant owner or operator, you always have restaurant profitability on your mind. But when you think of restaurant profitability, are you thinking about both the short-term and the long-term? So how do you drive long-term restaurant profitability? Long-term profitability strategies.

Point of Sale 78

Point of Sale Loyalty Program Inventory Customer Service 78

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.

Small Business 60

Small Business Download Document Online Ordering 60

Next Restaurants

MAY 26, 2020

Even though the COVID-19 pandemic persists across the globe , governments have started easing lockdown restrictions and allowing restaurants to reopen finally. . Here’s a quick checklist to help you make safe choices while ensuring business continuity: Redesign Your Restaurant’s Offerings. The webinar is on May 28th, 2020 at 4pm ET.

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Webinar Social Media Food Safety Cash Management 88

Restaurant365

OCTOBER 4, 2019

” because POS systems include some of the most critical components of restaurant operations. However, as cloud-based POS systems and cloud-powered restaurant management platforms become the industry standard, are you also thinking about “what is POS integration? What POS integration means for financial reporting.

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POS Point of Sale Cash Management Information 60

Restaurant365

FEBRUARY 24, 2021

It’s common that a single-location, small-sized restaurant may start the business with generic accounting software, like QuickBooks. But for multi-unit restaurant groups, generic accounting software such as QuickBooks presents challenges. Here are the top questions to ask about a QuickBooks alternative for your restaurant group.

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Inventory Point of Sale POS Franchise 78

Apicbase

SEPTEMBER 2, 2022

We’ll dive not only into profit-boosting menu tweaks, but also kitchen staff training, and tips for vendor negotiation that can add between 10 to 15 per cent to your bottom line. Let’s start by exploring what menu engineering is, and see how you should categorise the F&B items you’re offering in your restaurant or foodservice operation.

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Menu Operations Point of Sale Seasonal Menu 52

Embrace the Suck

OCTOBER 28, 2021

Most likely you’ll make quite a few more while running a restaurant. The thing you want to avoid is these 19 fatal mistakes that 80% of restaurants make each year which contributes to the low survival rate that restaurants experience. Of all the restaurants that open this year, only 50% will still be open in three years!

Coaching 337

Coaching Training Social Media Hiring 337

Restaurant365

FEBRUARY 4, 2022

This article was written by Morgan Harris and featured in Modern Restaurant Management. We all know that being a restaurant manager is tough. When we think of a restaurant manager, we think of common traits such as a high-energy, service-oriented individual with strong people skills who can stay calm under immense pressure.

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Inventory 2001 2011 Food Order 78