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What’s Next?: MRM Restaurant Survival Guide Updates

Modern Restaurant Management

The National Restaurant Association Educational Foundation has launched the Restaurant Employee Relief Fund to support U.S. restaurant employees financially impacted by the coronavirus crisis. Clic here to d onate to the Foundation’s Restaurant Employee Relief Fund. This fund is designed to help those struggling employees.”

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Tyga Bites and Sushi with an Attitude

Modern Restaurant Management

Ervin Cohen & Jessup launched a Food, Beverage and Hospitality practice to more efficiently advise industry-related clients to recover from the devastating financial and logistical impacts of the coronavirus pandemic and beyond. Delightree app can also streamline employee onboarding. ” Onosys and ItsaCheckmate Partner.

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[Guide] How to Implement Digital Tip Payouts at your Restaurant

7 Shifts

Make sure to consider these key factors from both the administrative and employee perspective: Pricing: Consider whether the platform charges a flat fee (monthly or annual), a percentage of tips, or a combination of both. Do you plan on sending employee tips at the end of every day, other day, or twice a week?

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7 Key Features You Need in a Bar POS System

Lavu

Related: Customization is King: Using POS Systems with Open APIs 2. Moreover, advanced POS features, such as payment preauthorization, become part of a larger ecosystem designed to optimize the customer experience from the moment they place an order to the moment they pay. Related: Using POS Analytics to Guide Business Decisions 7.

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Top 7 POS Reports for Sales Trend Analysis

Lavu

Some red flags to watch for include transactions happening outside business hours, repeated voids or refunds by the same employee, odd discount trends, and frequent price changes on certain items. These reports also keep tabs on employee hours, breaks, and overtime, ensuring compliance with labor laws.

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Essentials of Payroll Accounting for Restaurant Groups, Part 1

Restaurant365

From hiring and onboarding to running employee payments and paying taxes, payroll touches on many different parts of a restaurant business. Tracking labor and payroll data for restaurant employees. The payroll for your hourly employees represents one of the most controllable expenses on your profit & loss (P&L) statement.

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Why Restaurant Inventory Management is an Accounting Function

Restaurant365

Labor costs (employee wages, payroll taxes, employee benefits, etc.). How your restaurant inventory relates to net profit. Your chart of accounts is a key piece of your accounting ecosystem, listing every transaction that happens in accounts related to your restaurant business. Schedule a free demo of Restaurant365 today.

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