The Restaurant Group

APRIL 18, 2025

Effective accounting procedures are essential to ensure the steadiness and durability of a restaurants assets, from tracking cash flow to managing expenditures and profits. Basic Methods of Restaurant Accounting Cash Basis Accounting Cash basis accounting records transactions when cash changes hands.

Management 78

Management Management Cash Management Inventory 78

Paper Chase Accountancy

JULY 2, 2025

Embracing a monthly accounting cycle allows restaurateurs to stay perpetually ahead of tax obligations, identify and manage expenses proactively, and arm themselves with the real-time data needed for astute operational decision-making. That’s akin to managing a restaurant without monthly accounting.

Cash Management 82

Cash Management Tip Distribution Point of Sale POS 82

Lavu

FEBRUARY 28, 2025

These reports help you understand sales trends, manage inventory, optimize staffing, and improve customer satisfaction. Inventory Reports : Monitor stock levels, usage patterns, and waste to control costs and prevent overstocking or shortages. Want to improve your restaurants performance?

POS 78

POS Point of Sale Inventory Cash Management 78

Lavu

JULY 18, 2025

In a fast-paced restaurant environment, even small losses can add up quickly—whether it’s from employee theft, inventory errors, or unauthorized discounts. Modern POS systems offer powerful tools to track transactions, monitor staff activity, and tighten inventory control—all in real time. That’s where technology steps in.

POS 78

POS Cash Management Inventory Audits 78

Lavu

NOVEMBER 30, 2024

This article breaks down how to manage ingredient costs, reduce waste, and optimize menu pricing using modern tools like POS systems. Here’s what you’ll learn: Common Problems : Fluctuating prices, waste, and poor inventory tracking hurt profitability.

POS 78

POS Waste Inventory Cash Management 78

Lavu

MARCH 13, 2025

POS systems do more than handle payments they utilize POS data to help restaurants analyze and manage seasonal sales trends. By leveraging POS data, restaurants can adjust inventory, staffing, and marketing strategies to maximize profits during busy periods and minimize waste during slow seasons.

POS 78

POS Seasonal Menu Point of Sale Inventory 78

Lavu

JULY 4, 2025

From managing orders and tracking inventory to analyzing sales data in real time, today’s POS systems are essential tools for restaurants of all sizes. In this guide, we’ll break down the key features, benefits, and costs of a restaurant POS system to help you make an informed decision for your business.

POS 78

POS 2025 Front of House Back of House 78

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 78

POS Point of Sale Management Management 78

Paper Chase Accountancy

JUNE 30, 2025

Key Takeaways Understanding hospitality accounting is crucial for efficiency, profitability, and making informed business decisions in restaurants and bars. Effective bookkeeping and financial management, including proper inventory and labor cost control, are vital for the financial success of nightlife venues.

Bar 82

Bar Cash Management Hotels Inventory 82

Lavu

JULY 11, 2025

Cloud-Based POS Systems are transforming how restaurants operate by enabling remote management, faster updates, and seamless integration with other tools. From streamlining orders to managing inventory and staff, these systems provide the tools restaurant owners need to stay competitive in 2025 and beyond.

POS 78

POS Management Management Mobile Ordering 78

Lavu

JUNE 6, 2025

This guide breaks down 28 proven strategies that help cut unnecessary expenses, streamline operations, and boost profitability—whether you manage a small café or a multi-location chain. Discovering new ways to reduce costs in restaurant management can boost profits. Let’s dive into what really works in today’s competitive landscape.

Loyalty Program 78

Loyalty Program Waste Recycling Inventory 78

Lavu

APRIL 25, 2025

A modern Point of Sale (POS) system is more than just a cash registerits the central hub that powers day-to-day business operations. From processing payments and managing inventory to tracking sales and streamlining service, POS systems play a critical role in improving efficiency and customer experience. system uptime.

POS 78

POS Point of Sale Cash Management Mobile Ordering 78

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 60

POS Operations Loyalty Program Mobile Ordering 60

Rocket Fuel

NOVEMBER 19, 2024

From information in delivery service provider portals such as DoorDash, Uber Eats and Grubhub to BOH operations and store sales figures tracked via POS systems, the data generated by everyday business operations is highly valuable but complex. For restaurants, that means harvesting information from internal and external sources.

Operations 52

Operations BOH Franchise Franchising 52

Paper Chase Accountancy

JUNE 16, 2025

These ratios provide valuable insights into operational efficiency, cost management, and overall profitability. Core Profitability Ratios for Restaurant Owners In the realm of restaurant management, understanding core profitability ratios is crucial. Implement effective inventory management.

Hotels 82

Hotels Hospitality Cash Management Restaurant Law 82

Paper Chase Accountancy

JUNE 16, 2025

These ratios provide valuable insights into operational efficiency, cost management, and overall profitability. Core Profitability Ratios for Restaurant Owners In the realm of restaurant management, understanding core profitability ratios is crucial. Implement effective inventory management.

Hotels 82

Hotels Hospitality Cash Management Restaurant Law 82

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 78

2025 Cash Management Mobile Ordering Point of Sale 78

Paper Chase Accountancy

JUNE 23, 2025

Key Takeaways Evaluate potential accountants for their expertise in restaurant-specific financial management and industry regulations. Understanding the Role of a Restaurant Accountant in London Understanding the role of a restaurant accountant in London is crucial for successful financial management of your establishment.

Cash Management 82

Cash Management Restaurant Law Hotels Hospitality 82

SpotOn

OCTOBER 14, 2024

That means many point-of-sale system functions can be completed from anywhere you have cell reception or WiFi, allowing operators to access reports, change menus, and monitor inventory management on the go. Labor management tools: Employee management tools are frequently charged per employee.

POS 52

POS Loyalty Program Website Management Cash Management 52

Lavu

APRIL 25, 2025

The right POS setup can make it easier to take orders, manage staff, track sales, and keep customers happy. Instead, the system offers customers a cash discount, helping you protect your profit margins and reduce operating costswithout compromising on service. Key Features to Look For : Cloud-based systems for remote management.

POS 78

POS 2025 Loyalty Program Cash Management 78

Apicbase

JULY 11, 2025

A few years ago, most of our conversations were with executive chefs and ops managers. Chefs and managers are still deeply involved—no one knows the day-to-day better—but the digital strategy now sits with people who’ve spent their careers building systems for scale and resilience. This makes integrations far easier to manage.

Allergens 52

Allergens Cash Management Point of Sale Inventory 52

Lavu

JUNE 6, 2025

The right system does more than process payments—it streamlines operations, manages inventory, tracks sales, and enhances the customer experience. Should you go for a more expensive POS system with higher customization for your table management or a less expensive restaurant POS system that integrates with important software you need?

POS 60

POS 2025 Point of Sale Cash Management 60

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

Lavu

MAY 23, 2025

Disconnected Systems : Managing multiple order sources without integration causes confusion. Inventory Issues : Manual stock counts and outdated tools lead to inaccuracies and waste. A modern POS system solves these problems with faster payments, streamlined order management, real-time inventory tracking, and live sales reporting.

POS 78

POS Online Ordering Mobile Ordering Inventory 78

Paper Chase Accountancy

MAY 21, 2025

They require specialized support that understands the intricacies of fluctuating revenues, high labor costs, and complex inventory management. This volatility makes accurate forecasting and consistent cash flow management incredibly challenging.

Hospitality 52

Hospitality Sustainability Cash Management Hotels 52

Lavu

MAY 5, 2025

Assess your current system, list your needs, check hardware, and inform your team and vendors. Review Hardware Needs Take inventory of the hardware youll need, such as terminals, printers, and network devices. Cash drawers : Test opening and closing mechanisms. Days 34 : Set up your new POS. Days 56 : Train your staff.

POS 78

POS Training Kitchen Safety Cash Management 78

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 221

Marketing Loyalty Program 2024 2025 221

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. From there, creating a chart of accounts tailored to the restaurant industry and establishing daily, weekly, and monthly bookkeeping tasks will streamline your financial management.

Cash Management 52

Cash Management Hotels Hospitality Point of Sale 52

Paper Chase Accountancy

JUNE 9, 2025

It eases the burden of financial management while ensuring precision and compliance. But, with so many software options out there, how can restaurant owners make a well-informed choice? Key features of this software include inventory tracking, payroll integration, and real-time data access through cloud services.

Restaurant Law 52

Restaurant Law Inventory Point of Sale POS 52

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.

Mobile Ordering 418

Mobile Ordering Kitchen Safety Fine Dining Food Safety 418

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. Learn more about our Accounting Services !

Cash Management 52

Cash Management Hotels Restaurant Law Small Business 52

Paper Chase Accountancy

MAY 23, 2025

Like the navigators of ancient mariners’ ships, hospitality accountants in London are the unseen heroes guiding hotels and restaurants through the tumultuous seas of financial management. Whether it’s about managing cash flows, minimizing tax liabilities, or making profitable investment decisions, their role is indispensable.

Hotels 52

Hotels Hospitality Cash Management Restaurant Law 52

Paper Chase Accountancy

MAY 30, 2025

This fundamental discipline, when expertly managed, ensures the financial health of restaurants and hotels, enabling them to thrive even in challenging market conditions. This specialized area of accounting involves managing the financial transactions and obligations of hospitality businesses, such as NYC restaurants and hotels.

Hotels 52

Hotels Hospitality Cash Management Restaurant Law 52

Paper Chase Accountancy

JUNE 15, 2025

Specialized hospitality accounting solutions provide efficient, industry-specific financial management. They ensure that financial aspects run smoothly, allowing restaurant owners to make informed business decisions. Time-saving: Owners can devote more time to operational tasks as opposed to labor-intensive financial management.

Operations 52

Operations Cash Management Hotels Hospitality 52

Paper Chase Accountancy

JUNE 6, 2025

Specialized accounting services provide valuable insights into food cost analysis, inventory management, and daily sales tracking. Overview of Bookkeeping Services in Dubai for Restaurants In the bustling culinary scene of Dubai, bookkeeping services play an essential role in managing the financial health of restaurants.

Cash Management 52

Cash Management Hotels Restaurant Law Hospitality 52

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 52

Cash Management Hotels Restaurant Law Hospitality 52

Paper Chase Accountancy

JULY 9, 2025

Understanding these benchmarks allows operators to identify areas of strength, pinpoint inefficiencies, and make informed decisions to enhance profitability and stability. Paperchase Senior Account Manager Ruhel Ahmed discusses the nuance of labor costs: “This metric includes employer payroll tax and management salaries.

Hospitality 52

Hospitality Fine Dining Fast Casual Loyalty Program 52