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Nine Critical HR and Payroll Steps to Prepare Your Restaurant for 2025

Modern Restaurant Management

Bonus Tip : Structure your handbook around the employee lifecycle, covering company culture and recruitment through performance management and termination to ensure a clear, easy-to-follow guide for every stage of the employee experience. Prepare for Labor Law Changes Stay ahead of—and compliant with—upcoming labor law changes.

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Pandemic Reflections: What Lessons Has the Restaurant Industry Learned?, Part Two

Modern Restaurant Management

Digital not only powers seamless experiences but also unlocks guest data that can elevate hospitality across all touchpoints, both digital and in-person. The customer's needs always come first, even though my prices continue to rise. That's why we instituted lower-priced lunch specials and made other adjustments.

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How To Cut Restaurant Operating Costs Without Compromising Quality

ChowNow

One of operators most difficult challenges is balancing restaurant operating costs without compromising the food, service, and customer experience that makes your restaurant unique. Cheaper ingredients and smaller portions can take a toll on your customers loyalty, and thats a cost no restaurant owner can afford.

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Accounting for Restaurants and Bars: A Step-by-Step Guide

Paper Chase Accountancy

From the fundamentals of bookkeeping to hiring the suitable professionals, we’ll explore the necessary steps in the process. Hiring professionals with expertise in hospitality accounting can provide tailored services, navigate industry complexities, and manage complex tax structures. Let’s proceed to uncover that secret.

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28 Strategies to Cut Costs in the Restaurant Business

Lavu

With rising ingredient prices, labor shortages, and tighter margins, operators must find strategic ways to reduce restaurant costs without compromising quality or customer experience. Increasing restaurant profits allows you to invest in upgrades, like better equipment or a nicer place for customers to eat.

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Pandemic Reflections: What Lessons Has the Restaurant Industry Learned?, Part Three

Modern Restaurant Management

From a legal perspective, Insurance : the pandemic highlighted the limitations of insurance policies. Several high-profile restaurant groups brought litigation against insurance companies for their coverage position, but were ultimately unsuccessful. Workforce : COVID fundamentally changed the labor market.

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Inside the World of Hospitality and Leisure Accounting

Paper Chase Accountancy

Seasonality: Many hospitality businesses experience significant fluctuations in demand throughout the year. Operating Expenses Utilities, marketing, supplies, rent, insurance. Average Spend per Customer/Cover (Restaurants): Essential for understanding menu performance and guest value. Develop marketing strategies.