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. Hospitality accountants, particularly in London, often witness errors in accounting for hotels and bars.

Cash Management

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.

Cash Management

Paper Chase Accountancy

JULY 7, 2025

Consider a bustling restaurant, ‘Culinary Delights’, that, despite its popularity, had to shut its doors due to poor financial management. Key Takeaways The right bookkeeping service optimizes financial management, potentially increasing annual profits by 20% in restaurants. Let’s dive into this critical discussion.

Cash Management

Modern Restaurant Management

APRIL 29, 2025

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features trends in off-premise, coffee wars, the AI lifeline, the return of lunch, and how teens spend their dollars. Despite economic woes, nearly half of consumers still spend monthly on clothing (46 percent) and personal care (44 percent).

Reservations

Paper Chase Accountancy

MAY 29, 2025

It provides cost savings, risk management, and ensures data security, supporting business expansion. Hospitality accountants in London and restaurant bookkeeping accountants for hotels understand the complexities of bookkeeping for restaurants, and offer tailored solutions. Expertise in nightclub financing and hotel bookkeeping.

Cash Management

Hot Schedules

MARCH 11, 2025

Here are three things every hotel operator should know about controlling costs (that most people overlook!). Many hotels rely on outdated or disconnected purchasing systems, leading to over-ordering, waste, and supplier inconsistencies. You’re not alone.

Hotels

Modern Restaurant Management

FEBRUARY 4, 2022

This instability will push operators to trim costs by shortening menus and investing in labor-saving technology to free up cash for wage increases. A short menu can slim down the food costs through streamlined inventory management, as well as reduced food waste. Health-Conscious Food Will Dominate Menus. Delivery Options.

2022

Modern Restaurant Management

AUGUST 5, 2020

and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. This year’s Neighborhood to Nation Contest will double the number of winners to award 20 prizes of $5,000 in cash along with a robust marketing package.

Food Safety

Modern Restaurant Management

APRIL 2, 2020

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. Checklist app automates daily food safety and operational task management as well as regular maintenance and audit procedures. ” The BOHA!

Employee Relations

Modern Restaurant Management

MARCH 11, 2020

US Foods Holding Corp.entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management, Inc. NYSE: APO) (the “Apollo Funds”) for $970 million in cash.

Bar

Modern Restaurant Management

APRIL 14, 2020

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. The National Restaurant Association-managed site also provides a direct connection to the industry’s grassroots engagement platform.

Online Ordering

7 Shifts

AUGUST 2, 2024

By tracking metrics like customer retention and employee turnover rate, contribution margin, and menu item profitability, restaurant managers can identify each area’s strengths and what areas need improvement. Use this data to establish clear and specific goals and adjust your strategies as needed.

Point of Sale

Modern Restaurant Management

AUGUST 19, 2020

Modern Restaurat Management (MRM) magazine is collaborating with the team at MarketScale on The Main Course , a podcast that aims to explore the intense and competitive modern restaurant industry. "We Barbara Castiglia , MODERATOR – Modern Restaurant Management. They both went through a management training program.

Kitchen Safety

Modern Restaurant Management

SEPTEMBER 15, 2020

SALIDO leverages design, data, and workflow management to optimize both front- and back-end operations. With the integration of both platforms, first-party orders made through Lunchbox will effortlessly feed into Ordermark’s platform to ensure that restaurants can manage both first-party and third-party orders from one location.

Fast Casual

Modern Restaurant Management

MARCH 7, 2020

Modern Restaurant Management (MRM) magazine's People & Places column features news of company hires and promotions, charitable efforts and product introductions. Leonard and Poelma will continue to report to Ray Lombard, Executive Vice President, Supplier Management and Business Development. "Cindy

Food

Modern Restaurant Management

MAY 12, 2020

Dunkin’s transition to paper cups will remove approximately one billion foam cups from the waste stream annually. This transition, along with the move to the double-walled paper cups, will remove a collective 19 million pounds of polystyrene from the waste stream annually. franchisees for use in their restaurants.

Mobile Ordering

Modern Restaurant Management

MAY 27, 2020

PathSpot, creator of a real-time hand hygiene management system that protects against the threat and spread of illness with a hand scanner that tracks handwashing frequency and effectiveness, announced the closing of $6.5 PathSpot Secures Funding. million in a Series A round led by Valor Siren Ventures I L.P.

Food Safety

EATER

MAY 31, 2023

It’s harvesting honey, centrifuging honey, bottling honey, labeling bottles, dealing with wholesalers and market managers, cash apps and banks, insurances, clients, and schools. There’s just lots to manage in order to make ends meet. No education, formal or otherwise, need be wasted.

Insurance

Modern Restaurant Management

DECEMBER 16, 2019

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the great gift of a restaurant gift card, learning about event professionals, top QSR traffic and digital ordering strategies. Additionally, turnover rates for restaurant employees and managers continue to be at all-time highs.

2019

Ken Burgin

NOVEMBER 15, 2021

The wine list is an essential part of your restaurant or hotel beverage service, so let’s apply intelligent design and business thinking to increase profits and ensure it appeals to the greatest number of people. Watch for waste and over-pours – the stocktake system should pick up on that. Offer great Wines by the Glass.

Point of Sale

MBB Hospitality

SEPTEMBER 15, 2024

Strengthen Financial Management One of the most critical steps to stay in business during inflation is mastering financial management. Managing Debt Wisely : Avoid excessive borrowing during inflationary times to reduce exposure to higher interest rates. Developing a comprehensive risk management plan is another crucial step.

Cash Management

Notch

JANUARY 23, 2019

Hotels, for example, can yield net margins of around 10%. And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. Reduce Food Waste Once you have reduced the costs of your ingredients, it's time to ensure that almost none of it goes into the trash. Trends can change.

Email Marketing

The Restaurant Times

JANUARY 31, 2022

Restaurant consultants can put both new and experienced business owners in touch with their network of partners, providing all manner of services for opening and operating a restaurant, resort, or hotel. . Yes, you can enrol in restaurant management classes or attend culinary school. Experience .

Cash Management

Hot Schedules

FEBRUARY 4, 2022

Hotel Profit Margins Decreasing? Five Steps to Reducing Waste. The Impact of Food Waste. U S hotels contribute to the generation of 131 billion pounds of food waste every year , resulting in an enormous environmental impact, and a big dent to profit margins. Much of this waste is avoidable. The good news?

Waste

Apicbase

FEBRUARY 29, 2024

It is estimated that the US food service sector wasted 13 million tons of food in 2022, up from 9.15 Square , 2024) Get started : Restaurant Inventory Management Software for Multi-Unit Restaurants and Large-scale Catering Operations. After a significant decrease in 2020, the rate of food waste started to grow again.

2024

Notch

JANUARY 23, 2019

Hotels, for example, can yield net margins of around 10%. And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. Reduce Food Waste Once you have reduced the costs of your ingredients, it's time to ensure that almost none of it goes into the trash. Trends can change.

Email Marketing

Modern Restaurant Management

JANUARY 27, 2020

Most people do not want to order in person or by calling if they have an alternative, and by integrating pickup with delivery orders our restaurant partners have a complete picture to more efficiently manage their operations." " Grubhub Ultimate back-of-house Kitchen Display System at Taheni Grill in New York City.

Catering

EATER

AUGUST 17, 2020

So they don’t want to change what’s on the agreement, but they’re willing to take a cash payment of something and then combined with something else. Because I just didn’t want them to waste money on me when I thought a lot of this they could do themselves. DG : Oh, interesting. And a lot of it, they had to do themselves.

Hotels

Modern Restaurant Management

AUGUST 28, 2020

From that single-unit business, he built a regional empire, branching into the lodging business in 1996 with the formation of Plamondon Hospitality Partners and creating what today consists of 49 Roy Rogers restaurants and 13 hotels located throughout the mid-Atlantic. in a management role at the Officers’ Club.

Allergens

Modern Restaurant Management

OCTOBER 31, 2019

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features interesting and insightful trends from Upserve, order for pickup guest experience study results, the Fraud Aftershock Index and the importance of foot traffic. Reputation Management Revolution. National Menu Trends. Uberall, Inc.

2019

Modern Restaurant Management

DECEMBER 28, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their opinions on what we can expect in 2021. Operators will need to be creative in finding ways to counter the increased restaurant costs and the waste being produced. Mark Hoefer, General Manager, Le Bilboquet Atlanta. Here are their responses.

2021

EATER

OCTOBER 13, 2020

Despite its issues-driven programming, the foundation’s Restaurant and Chef Awards have become both its crown jewel and cash cow. But the foundation did not let this aborted revote go to waste: In the following weeks, it relied on the proposal of a revote to claim that it had no knowledge of the winners. It was not designed that way.

Social Media

ChefMod

OCTOBER 6, 2021

But, how have they managed to stay up and running so far? Additionally, the extra cash flow can make a difference in the running and management of your business. As a result, chefs can concentrate more on training, labor costs, menu costs, and recipes, without wasting any of their precious time with salespeople.

2021

Modern Restaurant Management

MAY 5, 2020

. “This pandemic has shed light on how technology can be used to quickly adapt core services within the food industry like delivery, fulfillment, and supply chains," said Lior Susan, Founder and Managing Partner at Eclipse. Delivery management has never been easier! Greasezilla Expands into Food Processing.

Guest Recovery

Modern Restaurant Management

JUNE 14, 2020

That’s why we carefully planned every detail of the space around flexibility, accessibility, efficiency, and connection – in addition, our members are excited to impress their clients in our space without the cost and hassle of having to manage a building such as ours on their own.” Increased Loyalty Program Participation.

Food Safety

EATER

FEBRUARY 13, 2024

Dexter Reed (Kenan Thompson) is a delinquent teen who needs a job to make cash after he wrecked his mom’s car, and finally lands at Good Burger, working alongside Ed (Kel Mitchell), a well-meaning, if occasionally clueless, burger-flipper. Impossibly prescient for a kids movie, Good Burger also somehow manages to hold up comedically. —

Food

Cheetah

DECEMBER 14, 2021

For restaurant operators, shifting to plant-based ‘cash-cows’ not only makes economic sense, but it has never been easier. From clean-label products to thoughtful waste management , consumers are now aligning their money with their values. Reading Time: 5 minutes. Cut 1″ off tops of apples.

Food Supply