7 Shifts

APRIL 30, 2021

Food, alcohol, and cash are common victims of theft—but business owners have to look beyond physical goods. Time Theft Laws. By understanding the ways it can occur, business owners or managers have a much higher chance of identifying it before it racks up a hefty bill. Employee theft is an unfortunate reality. Table of Contents.

Restaurant Law 370

Restaurant Law White Paper Cash Management Small Business 370

Modern Restaurant Management

OCTOBER 19, 2023

It’s hard to escape the continuing boom in restaurant franchises. Quick-serve brands are leading the trend, and not just for restaurants, but for franchises overall. Just as challenging is keeping on top of federally mandated franchise disclosures contained in the Franchise Disclosure Documents (FDD).

Insurance 251

Insurance Franchise Franchising Document 251

Modern Restaurant Management

APRIL 14, 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 and What’s Next?: MRM Restaurant Survival Guide Updates.

Online Ordering 530

Online Ordering Back of House Small Business Customer Service 530

Modern Restaurant Management

MARCH 11, 2020

This edition of MRM News Bites features a double dose from US Foods, SpotOn Transact, DoorDash Kitchens, Virtual Restaurant Consulting, Tripleseat and Gather, wagamama, Toast, The Gluten Intolerance Group, Instawork and StaffMate Online, Procurant and Yellofin, Sift, 7shifts, ParTech, Revel Systems and Como, Kabbage, Bluecrew and Cuboh.

Bar 386

Bar Cash Management Loyalty Program Point of Sale 386

Lavu

MAY 16, 2025

Managing payroll in a fast-paced restaurant environment isnt just about cutting checksits about accuracy, compliance, and keeping your team satisfied. Yet, restaurant payroll management often comes with challenges like time tracking errors, tax issues, and inconsistent scheduling. error rate , compared to a 6.1%

Tip Distribution 78

Tip Distribution Management Management Cash Management 78

7 Shifts

OCTOBER 20, 2022

It's a constant conversation in the restaurant industry. But one can't deny that tips make up a majority of restaurant workers' take-home pay. There have been several ways in which restaurant owners have tried to create a more equitable system for employees to earn consistent, fair wages and improve retention. Tip Pooling Laws.

Tip Distribution 195

Tip Distribution Restaurant Law 2023 Cash Management 195

7 Shifts

AUGUST 23, 2023

For many in the hospitality industry, tipping is an integral part of their restaurant's culture. It influences the livelihoods of restaurant workers around the world. Our tip management journey started back in September 2021 with the release of our Tip Pooling feature, which covered the calculation portion of the process.

Tip Distribution 195

Tip Distribution Cash Management Restaurant Law Insurance 195

7 Shifts

SEPTEMBER 16, 2024

Selling a restaurant can be a major decision for many reasons. One of the main reasons is to cut losses due to financial challenges, with 52% of restaurant owners saying high operating and food costs are really cutting into their profits. If restaurants in your area sell at a multiple of 2.5

2024 195

2024 Document Point of Sale Cash Management 195

Paper Chase Accountancy

JUNE 16, 2025

Just as a master chef carefully balances flavors, restaurant owners in NYC must balance their books. Outsourcing bookkeeping services can offer a plethora of benefits, from saving precious time to providing accurate financials tailored for the restaurant industry. Learn more about our Accounting Services !

Cash Management 52

Cash Management Restaurant Law Hotels Hospitality 52

7 Shifts

MAY 15, 2023

Did you know that payroll/labor makes up almost one-third of a restaurant's operating costs ? Understanding the ins and outs of paying employees, observing labor laws, and complying with the tax code is critical to running a business. Restaurant payroll is a system for calculating and managing the salaries of employees in a restaurant.

2023 195

2023 Tip Distribution Audits Restaurant Law 195

Paper Chase Accountancy

MAY 22, 2025

Navigating the labyrinth of cost accounting in the restaurant industry can feel like trying to solve a Rubik’s Cube in the dark. From setting up a system, managing labor costs, to forecasting and financial strategy, it’s all covered here. Yet, it’s an area no restaurateur can afford to ignore.

Cash Management 52

Cash Management Franchise Franchising Tip Distribution 52

7 Shifts

JULY 1, 2024

From choosing a concept and securing the necessary documentation to hosting your grand opening, we've outlined the complete process of opening a bar. However, note that bar profit margins vary due to various factors like tax rates, licensing laws, customer demographics, and the cost of living in your area. How profitable is a bar?

Bar 221

Bar License Food Supply Restaurant Law 221

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

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.

2021 136

2021 Cash Management Management Management 136

Modern Restaurant Management

SEPTEMBER 15, 2021

Looking at the labor shortage over the last three months, it's clear that many small businesses are moving backwards in their recovery, especially restaurants. That's because a whopping 85 percent of restaurant owners now report it’s very difficult to find the right help. Manufacturers are in a similar situation.

2021 447

2021 Retail Online Ordering Loyalty Program 447

Hot Schedules

MARCH 27, 2020

Relief Funds Raising Money to Help Restaurant Employees. Nonprofit organizations across the country are accepting donations to support restaurant employees impact by Coronavirus (COVID-19). The One Fair Wage campaign is a non-profit that advocates against sub-minimum-wage laws for tipped service industry workers.

Employee Relations 148

Employee Relations Cash Management Beverage Restaurant Law 148

Modern Restaurant Management

JULY 15, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features Grubhub's State of the Plate 2020 trend report, the fragility of "open," di g ital resilience and brand intimacy. The restaurant cuisines that were able to the best comp sales during June were chicken, pizza and hamburger.

2020 487

2020 Mobile Ordering Point of Sale Food Supply 487

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

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.

Tip Distribution 109

Tip Distribution Restaurant Law Front of House Cash Management 109

Paper Chase Accountancy

JUNE 5, 2025

It’s a complex arena, where revenue management, cost control, and financial reporting intermingle with unique business elements such as seasonality, customer service, and the unpredictability of guest behavior. Key Takeaways Finance is vital in the hospitality industry, with specialized accounting practices for hotels and restaurants.

Hospitality 52

Hospitality Cash Management Hotels Restaurant Law 52

Xtra Chef

DECEMBER 11, 2019

Restaurant accounting is certainly not the most glamorous part of running a restaurant. Yet, without proper restaurant accounting, it is impossible to control your finances and keep your restaurant in business. What’s In the Restaurant Accounting Guide? Part 1: Restaurant Bookkeeping and Accounting 101.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

Lavu

JANUARY 21, 2020

An efficient back-office plays a critical role in the success of a restaurant. As a restaurant owner, being aware of your business’s financial health is an important factor in ensuring that you are not running your business blindly. This includes the revenue of the restaurant, cashflow, inventory levels, and income statements.

Cash Management 78

Cash Management Point of Sale Inventory Information 78

Lavu

DECEMBER 20, 2019

The corner cafe, upscale bistro and fine dining restaurant serve different dishes, but all face at least a few common. Restaurant accounting includes items unique to the food service industry. restaurant and the restaurant itself, labor costs typically range from 25 to 40 percent of gross revenue. But the city of Seattle.

Cash Management 78

Cash Management Point of Sale Employee Relations Inventory 78

Buzztime Business

FEBRUARY 3, 2021

As of the date of this press release, NTN has received no proposal regarding any potential acquisition or similar transaction from any party, and NTN’s management and board of directors remain focused on closing the proposed merger with Brooklyn and the proposed asset sale to eGames.com.

Specials 60

Specials Cash Management Point of Sale Employee Relations 60

Restaurant365

OCTOBER 30, 2020

In a restaurant, there’s always something that needs to be done. As a restaurant owner or manager, sometimes you may need to jump in to help keep business running smoothly. The common saying is that owners and operators need to work “on,” not “in,” their restaurant.

Operations 78

Operations Management Management Front of House 78

Restaurant Clicks

SEPTEMBER 18, 2020

By managing to successfully run a food truck, you cut a lot of maintenance, utility, and wage expenses that come with owning a restaurant. Food trucks have become mini-restaurants with quality food and great service. Food trucks have become mini-restaurants with quality food and great service. Business License.

Food Truck 101

Food Truck Food License Social Media 101

Buzztime Business

MARCH 1, 2021

The NTN board of directors reiterates the following: The negative impact of the COVID-19 pandemic on the restaurant and bar industry was abrupt and substantial, and NTN’s business, cash flows from operations and liquidity has suffered, and continues to suffer, materially as a result.

Cash Management 60

Cash Management Point of Sale Document Employee Relations 60

Sling

JULY 1, 2023

If opening a restaurant is in your future, you are undoubtedly excited — and perhaps feeling a bit overwhelmed. We’ll discuss how to navigate the early planning stages, review some essentials to take care of before launch day arrives, and leave you with some tips to keep your restaurant running smoothly once it opens.

Fine Dining 78

Fine Dining Cash Management Restaurant Law Consumer Goods 78

The Restaurant Times

NOVEMBER 30, 2020

Once the restaurant has been set up, and the owner is earning profits, the next step for any successful restaurant business is its expansion. Restaurant owners mainly turn to the franchise route for business expansion because of a lack of time and resources. How To Franchise Restaurant In Saudi Arabia. Vendor Management.

Franchising 52

Franchising Franchise Cash Management License 52

Open for Business

OCTOBER 20, 2023

Opening a restaurant is a dream for many aspiring entrepreneurs and food lovers alike, but it’s also a complex venture that requires careful planning and execution. With this guide, we walk you through the key steps to turn your restaurant dream into a successful reality. It’s equally important to study your competition.

License 78

License Front of House Email Marketing Social Media 78

Open for Business

DECEMBER 12, 2023

Most restaurants need funding, especially during the initial stages when they’re setting up. The purpose of this guide is to help you with all the ins and outs of funding a restaurant with top tips from those who have been there, seen it, and done it. What makes someone a good Investor?

Back of House 78

Back of House Restaurant Law Small Business Email Marketing 78

The Restaurant Times

DECEMBER 30, 2021

It will help if you start with a well-documented business plan as it will minimise the probability of failure. A well-thought-out plan takes cognisance of various future aspects of your business, such as capital outlay, expected cash flow, payback period, etc. Create A Business Plan. Premises License.

Food 52

Food License Consumer Goods Cash Management 52

Modern Restaurant Management

JULY 7, 2020

"As more people and more restaurants have come to use our services, Q2 bookings on Uber Eats are up more than 100 percent year on year. "We urge federal policymakers to dive into it to determine how best to devise support for small businesses like restaurants that are clearly on the ropes. ’s stock price performance.

Mobile Ordering 481

Mobile Ordering Restaurant Law Seating Customer Service 481

Modern Restaurant Management

MAY 15, 2020

As many states and localities prepare to reopen restaurants and other businesses that were shuttered in response to the COVID-19 pandemic, employers face a minefield of potential legal pitfalls. Access to medical information should generally be limited to only human resources or management personnel with a need to know.

Employee Relations 465

Employee Relations Restaurant Law Document Equipment 465

Modern Restaurant Management

JUNE 19, 2020

In this edition of MRM News Bites, we feature links for PPP Forgiveness, new Yelp features and more products and services for restaurant recovery. The EZ application requires fewer calculations and less documentation for eligible borrowers. PPP Forgiveness Links and EZ App. Financial details of the deal were not disclosed.

Food Safety 362

Food Safety Customer Experience Website Management Employee Relations 362

Modern Restaurant Management

JANUARY 16, 2024

The loss of volume for the franchise, the forfeiture of jobs for the community, and the closed restaurant locations could have been avoided with a thoughtful succession plan. Despite this, restaurant owners and franchise brands routinely shy away from discussions around exit strategies or succession planning.

2030 450

2030 Franchise Franchising Employee Relations 450

Modern Restaurant Management

JULY 27, 2020

YEA uncovers longer term trends, including a correlation between increased interest in restaurants, bars and nightlife, and gyms to a spike in COVID-19 cases across hotspot states. Permanent Closures Continue to Increase Across Restaurants, Retail and Other Industries.

Franchising 443

Franchising Franchise Mobile Ordering Kitchen Safety 443