Lavu

APRIL 4, 2025

A modern POS system for bars goes beyond just processing paymentsit helps with inventory management, staff scheduling, and real-time sales tracking. Lavu x O’Maddy’s Installation Bars require a POS system that supports quick transaction processing, preauthorization, and dual cash drawers for smooth operations.

POS

Lavu

NOVEMBER 29, 2024

Lavu helps restaurants improve efficiency, manage growth, and enhance customer service. It’s a cloud-based POS system tailored for restaurants, offering tools like inventory management, employee scheduling , and CRM. One standout feature is its dual pricing, which encourages cash payments to help cut credit card processing fees.

Loyalty Program

SpotOn

NOVEMBER 21, 2024

For the restaurant industry, it can be challenging to manage. Your offerings can range from seasonal starters and holiday drinks to multiple courses and specials. Some people stay home for the holidays, while others look for special experiences. The holiday season is just one blink of an eye away.

Loyalty Program

Lavu

FEBRUARY 28, 2025

These reports help you understand sales trends, manage inventory, optimize staffing, and improve customer satisfaction. For example, if you notice a surge in voided transactions during busy hours, it might suggest that staff are overwhelmed or need more training. Product mix reports also help you manage inventory smarter.

POS

Lavu

JUNE 26, 2025

Running a successful restaurant isn’t just about great food and service—it’s also about smart financial management. Restaurant accounting tips plays a crucial role in tracking expenses, managing cash flow, and maximizing profitability. You cannot manage your restaurant properly without going into the accounting details.

2025

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

Paper Chase Accountancy

JULY 25, 2025

We’ll explore the specialized functions, the day-to-day realities of managing finances, and critically, how modern solutions like outsourced bookkeeping and cloud-based tools empower these businesses to not just survive, but thrive and stay profitable in a highly competitive market. Learn more about our Accounting Services !

Hospitality

Paper Chase Accountancy

JUNE 30, 2025

Effective bookkeeping and financial management, including proper inventory and labor cost control, are vital for the financial success of nightlife venues. Hiring professionals with expertise in hospitality accounting can provide tailored services, navigate industry complexities, and manage complex tax structures.

Bar

Paper Chase Accountancy

JUNE 16, 2025

These ratios provide valuable insights into operational efficiency, cost management, and overall profitability. Specialize in accounting for restaurants and bars to accurately interpret the results from the profitability calculator. Implement effective inventory management. Ensure staff training for cost-efficient operations.

Hotels

Paper Chase Accountancy

JUNE 16, 2025

These ratios provide valuable insights into operational efficiency, cost management, and overall profitability. Specialize in accounting for restaurants and bars to accurately interpret the results from the profitability calculator. Implement effective inventory management. Ensure staff training for cost-efficient operations.

Hotels

Open for Business

NOVEMBER 4, 2024

And food sales equate to the cash you brought in from selling meals. or 27% Try our free food cost calculator so you have the foundation for understanding and managing food costs at your restaurant. There are also specialized inventory apps that can make tracking much easier. Train them on proper portioning and prep techniques.

Food

SpotOn

FEBRUARY 26, 2025

Joe Nicholson was a manager and tech consultant at one of the busiest restaurants in Sacramento, CA—Tower Cafe. Now, as a copywriter at SpotOn, he helps restaurant owners and managers learn how to run a more profitable operation. Spotify, ASCAP/BMI licensing fees), and special events. Prime costs. Contribution margins.

License

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

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

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 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

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. compared to in-house systems.

Tip Distribution

Modern Restaurant Management

MARCH 11, 2025

Escoffier is aiding restaurant owners and managers by preparing qualified candidates ready for engaged employment. Special events have become a big reason for going out, making unique dining experiences more important than ever. Customer habits have also shifted after the pandemic. Aligning tech with business goals is a must.

Loyalty Program

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

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

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 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. Accountants for hotels, or hospitality accountants, provide these specialized services.

Hospitality

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

Paper Chase Accountancy

JULY 24, 2025

These books aid in tracking sales, managing payroll, and handling expenses accurately. Why Restaurant Accounting Books Are Essential in Daily Operations While it may not be immediately apparent, restaurant accounting books play a crucial role in daily operations, serving as an indispensable tool in the effective management of finances.

Book

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. These complexities call for specialized accounting for restaurants, making hospitality accounting a crucial skill for professionals in the field.

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. POS systems come in as many different flavors as there are businesses. Get a Free POS Demo FAQs: 1.

POS

Paper Chase Accountancy

JUNE 15, 2025

Specialized hospitality accounting solutions provide efficient, industry-specific financial management. Restaurant accountants, who specialize in accounting in the restaurant industry, offer comprehensive hospitality accounting solutions.

Operations

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

Paper Chase Accountancy

JUNE 12, 2025

Specialized accounting services provide strategic support for complex issues, aiding sustainable growth in the hospitality industry. The use of advanced technologies like AI and machine learning in financial management can unlock growth by providing real-time insights for decision-making. Learn more about our Accounting Services !

Hotels

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

Lavu

MAY 23, 2025

Disconnected Systems : Managing multiple order sources without integration causes confusion. A modern POS system solves these problems with faster payments, streamlined order management, real-time inventory tracking, and live sales reporting. Dual pricing options for cash transactions. Rushed counts?

POS

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

JULY 9, 2025

Paperchase Senior Account Manager Ruhel Ahmed discusses the nuance of labor costs: “This metric includes employer payroll tax and management salaries. Senior Account Manager Ruhel Ahmed discusses this category: this would include your other income such as space rental, interest income, etc.

Hospitality

Paper Chase Accountancy

JUNE 9, 2025

It eases the burden of financial management while ensuring precision and compliance. Bookkeeping software for restaurants also simplifies complex accounting procedures, making it effortless for restaurant owners to manage their finances. Yet, they’d be hard-pressed to deny the importance of accurate bookkeeping.

Restaurant Law

Paper Chase Accountancy

JULY 21, 2025

These specialized accounting methods can simplify financial management in hospitality businesses, from small cafes to large resort chains. Key Takeaways Hospitality accounting solutions streamline financial management and ensure regulatory compliance, vital for growth in the industry. What Are Hospitality Accounting Solutions?

Hospitality

Restaurant Engine

MAY 14, 2025

Its the loyal, returning customers who generate consistent cash flow for your restaurant. Several platforms offer robust loyalty management systems. You can even send them specials right to their phone. Personalize your loyalty program so each customer feels special. Do a search online, and youll find quite a few.

Loyalty Program

Perfect Daily Grind

JULY 11, 2025

Over 180 in-store cafés managed by Compass will receive digital ordering screens, table service, and manned tills, along with menu expansions that include iced coffees, avocado toast, katsu curry, and 12-inch pizzas. Washington, DC, US) Industry news Mon, 7 Jul – Asda invests £10m in café refresh programme.

2025