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MRM Research Roundup: AI Investment Heating Up and Summer Dining Dos and Don’ts

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the present and future of AI use in F&B, The Splintered Path to Purchase, the Datassential 500 Awards, and where chefs are earning six figures. At the same time, U.S. chain sales grew just 3.1 percent in 2024 — falling short of the 4.1

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Monthly Restaurant Accounting: Tax and Financial Tips 

Paper Chase Accountancy

The restaurant business is a dynamic, fast-paced world where passion for food and hospitality often takes center stage. In this high-stakes environment, an annual scramble to sort out finances is a recipe for disaster. Professional tips for hospitality accounting that directly contribute to sustained business growth.

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28 Strategies to Cut Costs in the Restaurant Business

Lavu

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. However, this cost cutting tip is crucial.

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Hospitality Industry Accounting and Advisory Services: The Path to Sustainable Growth 

Paper Chase Accountancy

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.

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Tip Pooling Tools to Easily Manage Tips at Your Restaurant

7 Shifts

Tipping practices are in constant conversation in the restaurant industry. Attempts have been made to eliminate tipping altogether, but many restaurants ended up reverting back to a traditional tipping system. Tip pooling is another way that restaurants have changed up the system to make it fairer for everyone involved.

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2024 Emergency Planning for Restaurants

Modern Restaurant Management

Taking proactive measures and having plans in place will allow your business to react quickly to help minimize the impact of an emergency. Ahead of 2024, we will share the all-too-common disasters that can strike restaurants from fires to civil unrest to water damage with pragmatic and proactive tips that can help curb the repercussions.

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Back of House, Yet Front-Facing Priority – Restaurant BOH Trends to Monitor in 2023

Modern Restaurant Management

Is your restaurant up to speed with the latest best practices for back of house (BOH) management? So, which back of office trends should restaurant ownership and management be concerned with heading into 2023? They include restaurant management tips for cutting costs, decreasing food waste, and much more. .