Modern Restaurant Management

JULY 31, 2025

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features rewriting the rules of seasonal marketing, snack wrap traffic driver, GLP-1 use impact on F&B, and restaurant marketing challenges. Another 30 percent said they spent more on enhanced training so far this year.

2025

Paper Chase Accountancy

JULY 2, 2025

The restaurant business is a dynamic, fast-paced world where passion for food and hospitality often takes center stage. Professional tips for hospitality accounting that directly contribute to sustained business growth. That’s akin to managing a restaurant without monthly accounting. Can cross-training optimize efficiency?

Cash Management

Paper Chase Accountancy

JUNE 16, 2025

These ratios provide valuable insights into operational efficiency, cost management, and overall profitability. Utilizing outsourced accounting services or hospitality-specific accounting solutions can help ensure accuracy and efficiency in profitability ratio analysis. Let’s explore this further.

Hotels

Paper Chase Accountancy

JUNE 16, 2025

These ratios provide valuable insights into operational efficiency, cost management, and overall profitability. Utilizing outsourced accounting services or hospitality-specific accounting solutions can help ensure accuracy and efficiency in profitability ratio analysis. Let’s explore this further.

Hotels

Paper Chase Accountancy

MAY 26, 2025

Like a master chef expertly balancing flavors in a gourmet dish, a hospitality CFO consultant skillfully manages a company’s financial health, ensuring long-term viability and growth. But how does this blend of finance, strategy, and hospitality work in real-world scenarios? Learn more about our Accounting Services !

Hospitality

Paper Chase Accountancy

JUNE 30, 2025

Navigating the financial landscape of the hospitality industry can be a bit like trying to keep a soufflé from collapsing. Key Takeaways Understanding hospitality accounting is crucial for efficiency, profitability, and making informed business decisions in restaurants and bars. Let’s proceed to uncover that secret.

Bar

The Restaurant Group

MAY 3, 2025

Definition and Importance Picture this: you spend weeks training a new server, and just when theyre finally getting the hang of things, bam! This little devil matters because it eats away at your service quality , drains your cash flow , and leaves your customers wondering why they never see the same smiling faces twice. New managers?

Cash Management

Squirrel Systems

JUNE 13, 2025

In the competitive world of hospitality, your point-of-sale (POS) system is more than a cash register—it’s the heartbeat of your operation. Upgrading to a cloud POS system for hospitality isn’t just a tech refresh—it’s a strategic move that boosts efficiency, service quality, and revenue.

POS

Lavu

JULY 3, 2025

Unlike traditional setups, these systems provide real-time access to data, seamless updates, and remote management—making them ideal for today’s fast-paced food service environment. In this post, we’ll explore why SaaS POS is not just a trend but the future of restaurant management.

POS

Paper Chase Accountancy

MAY 22, 2025

From setting up a system, managing labor costs, to forecasting and financial strategy, it’s all covered here. Key Takeaways Establishing a comprehensive restaurant cost accounting system is crucial for tracking profits, managing cash flow, and ensuring financial health. But what’s the real kicker?

Cash Management

Lavu

JUNE 13, 2025

Of course, it’s essential for most businesses to accept cash payments in some situations. The Cashless Restaurant Revolution: Why Restaurants Are Going Cashless in 2025 In the ever-evolving landscape of the restaurant industry, the concept of not leading with a “pay with cash” option has emerged as a transformative trend.

2025

Paper Chase Accountancy

AUGUST 5, 2025

They’re often caught in the culinary chaos, leaving little time for critical financial management. Stay tuned to uncover the advantages of tailored hospitality accounting services, and how they could be the secret sauce to your business success. The role of hospitality accounting in profitability can’t be overlooked.

Cash Management

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. The potential for expansion and profitability is there, but it’s navigating the complexities of hospitality finance that often poses a challenge. Learn more about our Accounting Services !

Hotels

Paper Chase Accountancy

JULY 9, 2025

When operating a hospitality business, it’s hard to know if your financial metrics are on par with the industry, especially with a changing economy and unique concept types. Paperchase Senior Account Manager Ruhel Ahmed discusses the nuance of labor costs: “This metric includes employer payroll tax and management salaries.

Hospitality

Lavu

JUNE 30, 2025

A well-designed POS system improves restaurant operations by streamlining order management, speeding up transactions, and delivering real-time insights that help optimize every aspect of the business. A modern POS system is more than just a cash register – it’s the operational hub of your restaurant. Want to know more?

POS

Paper Chase Accountancy

JULY 21, 2025

While some may argue that hospitality accounting solutions are overly complicated, they’re actually quite straightforward once broken down. These specialized accounting methods can simplify financial management in hospitality businesses, from small cafes to large resort chains. What Are Hospitality Accounting Solutions?

Hospitality

Modern Restaurant Management

JANUARY 31, 2025

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of dramatic Valentine's Day shift, best food scenes, and the evolution of c-store foodservice. ” A Year of Challenges U.S.

Marketing

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

Paper Chase Accountancy

JULY 24, 2025

Whether you’re a restaurant owner, a hospitality accountant, or just someone interested in this niche, we’ll provide you with insights that can be game-changing. These books aid in tracking sales, managing payroll, and handling expenses accurately. Knowledge of these components is key to successful restaurant accounting.

Book

Modern Restaurant Management

MARCH 11, 2025

Escoffier is aiding restaurant owners and managers by preparing qualified candidates ready for engaged employment. Whether it’s speeding up order times, improving inventory management, or boosting loyalty programs, every tool should serve a purpose. Aligning tech with business goals is a must.

Loyalty Program

Modern Restaurant Management

MARCH 11, 2025

This surge in off-premise orders forced restaurants to optimize their operational workflows, from kitchen management and packaging to delivery logistics. Furthermore, digital tools for inventory and labor management became crucial for navigating supply chain disruptions and staffing challenges. Five times a day!

Mobile Ordering

Apicbase

JULY 11, 2025

The consequence is that hospitality businesses get locked into outdated systems. A few years ago, most of our conversations were with executive chefs and ops managers. In hospitality tech architecture, clarity of responsibility is everything. This makes integrations far easier to manage. But that’s starting to change.

Allergens

Harbor Touch

MARCH 16, 2025

Well cover everything from automation to IT management, with examples tailored for POS users. Pull sales reports to see if slow days are dragging down cash flow, or check inventory logs to spot overstocking issues. Tweak your inventory management to match. Got a trained stand-in if your managers out?

POS

Paper Chase Accountancy

MAY 20, 2025

Key Takeaways Restaurant bookkeeping requires specialized tools and systems, including management software, POS systems, and a well-structured chart of accounts. A firm grasp of hospitality accounting can play a critical role in a restaurant’s success.

Cash Management

Paper Chase Accountancy

JUNE 15, 2025

Key Takeaways Outsourcing in the hospitality industry enhances operational efficiency, profit, and sustainable growth. Specialized hospitality accounting solutions provide efficient, industry-specific financial management. Financial considerations, including costs and potential ROI, are crucial in outsourcing decisions.

Operations

Paper Chase Accountancy

JUNE 2, 2025

While a seemingly small detail, the proper management of tips can significantly impact a restaurant’s financial health and its employees’ satisfaction. Non-compliance with tip tracking can result in legal issues, making investment in hospitality accountants vital for risk management.

Tip Distribution

Paper Chase Accountancy

JUNE 6, 2025

Key Takeaways Understanding the distinction between general and hospitality bookkeeping is crucial for restaurant startups in Dubai. Specialized accounting services provide valuable insights into food cost analysis, inventory management, and daily sales tracking. Bookkeeping services in Dubai understand this distinction well.

Cash Management

Lavu

JULY 25, 2025

From food trucks to big-time breweries, a POS system is a must-have to accept credit and debit payments and offer more than just basic cash transactions. A POS system that requires extensive training may not be worth the time. Do you plan to take your hospitality to the next level? Get a Free POS Demo FAQs: 1.

POS

Paper Chase Accountancy

JUNE 9, 2025

It eases the burden of financial management while ensuring precision and compliance. Its use in the hospitality industry streamlines daily tasks, simplifying and accelerating the accounting process. These tools are designed to handle the unique complexities of the hospitality industry, reducing the burden on staff and owners alike.

Restaurant Law

Paper Chase Accountancy

JULY 10, 2025

Did you know that nearly 60% of new restaurants fail within the first year, often due to poor financial management? Key Takeaways Understanding restaurant-specific accounting fundamentals is crucial for managing revenue and expenses effectively. A restaurant accountant must navigate these intricacies with competence and precision.

Cash Management

Perfect Daily Grind

JUNE 6, 2025

Kansas City, US) Thu, 5, Jun – Löfbergs appoints Henrik Biilmann as Managing Director of Peter Larsen Kaffe. Belforte del Chienti, Italy) Fri, 6 Jun – Fairtrade awarded EU grant for EUDR compliance training. This facility supports Midwestern roasters with education, certification, and reduced transit times.

2025

Perfect Daily Grind

JULY 11, 2025

The Berlin-based roastery opened its inaugural UK café in Fitzrovia, introducing its single-origin pour-overs and espresso-focused menu to London as part of its expansion into premium hospitality markets. London, UK) Wed, 9 Jul – 18 countries call for simplification of the EUDR.

2025

Lavu

JUNE 13, 2025

That’s why it’s essential to train exceptional bartenders who can handle pressure, engage customers, and represent your brand with confidence. A great bartender or bar manager is born with a natural affinity for connecting with people and flair. Every training session should include a review of the basic rules and regulations.

Training

Paper Chase Accountancy

JULY 15, 2025

Yet, behind this vibrant scene, there’s a complex world of financial management that’s often overlooked. Amid managing suppliers, staff, and daily operations, does a restaurant owner really have the time or expertise to effectively handle the financial side of the business? Learn more about our Accounting Services !

Cash Management

Paper Chase Accountancy

JUNE 24, 2025

Remarkably, recent statistics reveal that 60% of hospitality businesses, including hotels and restaurants, don’t have a dedicated Chief Financial Officer (CFO). This compelling question invites further exploration into the world of CFO services in the hospitality sector. What Does a CFO in Hospitality Actually Do?

Hotels

Paper Chase Accountancy

JUNE 27, 2025

Key Takeaways Accounting and bookkeeping services in UAE offer detailed financial record-keeping, cash flow management, and compliance with local taxation laws. Specialized hospitality accounting services cater to unique revenue streams, manage high volume transactions, and ensure compliance with industry regulations.

Cash Management

Paper Chase Accountancy

AUGUST 5, 2025

Just as a master chef stirs the perfect blend of spices into a dish, so too must restaurant owners in Los Angeles blend their passion for food with a keen understanding of financial management. For a hospitality business, there’s more than a pinch of truth in the saying, “The devil’s in the details.”

Hospitality