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Restaurant Accounting Concepts Every Manager Should Know About

Lavu

Every foodservice operator has three fixed expenses: Restaurant Labor—The cost of all employees on the payroll in management, FOH, and BOH. Occupancy Expenses—These are the costs of existing in a brick and mortar location ( or food truck ), including rent, property taxes, and insurance. Prime Cost. Chart of Accounts.

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Succession Strategies for Restaurant Owners: Safeguarding Your Legacy 

Modern Restaurant Management

Rember that while operations may be covered by your bench, any would-be replacement may also need coaching or specific training to get them ready for all the management aspects of their role. One source of those funds could be a key person life insurance policy, separate from any proceeds going to the family, that is payable to the business.

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The restaurant industry needs to step up for women. We asked four leaders how to do it.

7 Shifts

If we can remove that guesswork and have a lot of helpful documentation, and clear, easy-to-use tools.that opportunity to make the wrong decision will become less frequent,” says Laura Bien. “A When Salt & Straw identifies potential managers, they offer resources and coaching to help them progress.

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Ghost Kitchen Franchise and Pandemic Resources

Modern Restaurant Management

Health services such as physicians, counseling and mental health services, and health coaches are also closing at lower rates – all critical resources during this time. Franchisors must be able to document policies and practices for sanitizing, social distancing, contactless service, use of protective gear and guest communications. "When

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