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Tyga Bites and Sushi with an Attitude

Modern Restaurant Management

In recent months, they have been advising clients on issues ranging from Paycheck Protection Program (PPP) loans to reducing and rehiring employees to recovering losses from insurance companies and renegotiating leases. Selvin (insurance and business interruption) and Elliot N. Food waste prevention is more important now than ever.

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28 Strategies to Cut Costs in the Restaurant Business

Lavu

By closely monitoring and optimizing this percentage, restaurants can better manage their inventory, minimize waste, and lower their overall expenses, ultimately maximizing cost reduction. Yield Percentage: Calculate the yield percentage to account for any waste or shrinkage during cooking. Food cost control is crucial.

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Why Restaurant Inventory Management is an Accounting Function

Restaurant365

Every time your restaurant buys, counts, transfers, or wastes inventory, it must be entered as a journal entry in your accounting general ledger. Occupancy expenses (fixed costs such as rent, property taxes, and property insurance). However, individually entering stacks of invoices can lead to wasted time and accounting errors.

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Restaurant Accounting Tips Made Simple: Expert Ways to Boost Profits in 2025

Lavu

Occupancy Expenses: This refers to fixed costs like rent, property taxes, utilities, and property insurance. This way, you can reduce waste and identify where you can cut costs. By tracking and recording your food waste accurately, you will be able to reduce their instances. Get a Free POS Demo 8.

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How to Set Up and Run a Ghost Kitchen for Your Restaurant Business

Restaurant365

Third-party apps can take 30% of your delivery earnings and in-house delivery has its own costs, such as salaries, vehicle maintenance, gasoline and insurance. You’ll also need to check with your insurance carrier to ensure that you’re covered for off-premise activity. For more information, schedule a free demo.

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Essentials of Payroll Accounting for Restaurant Groups, Part 1

Restaurant365

Your fully burdened labor cost represents the labor costs of both your hourly and salaried employees, as well as related expenses such as payroll taxes, employee insurance, and employee benefits. Ask for a demo of Restaurant365. However, the cost of hourly wages doesn’t include the full picture of your labor.

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Guest Blog: PPP Loan Forgiveness for Restaurants

Restaurant365

The restaurant informed the appropriate state unemployment insurance office of the employee’s rejected offer of reemployment within 30 days of the employee’s rejection. Payments for security systems, credit card processing, and waste removal are not specifically listed as eligible expenses within the forgiveness application.

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