7 Shifts

NOVEMBER 19, 2019

Before restaurants can record a profit, they need to take several expenses into account—inventory, kitchen equipment, building utilities, and of course, labor. What is Restaurant Labor Cost Percentage? The formula for calculating labor cost percentage is: Restaurant Labor Cost Percentage = (Total Labor Costs) ÷ (Total Sales) x 100%.

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Management Management Employee Relations Restaurant Law 253

7 Shifts

SEPTEMBER 16, 2024

Selling a restaurant can be a major decision for many reasons. One of the main reasons is to cut losses due to financial challenges, with 52% of restaurant owners saying high operating and food costs are really cutting into their profits. If restaurants in your area sell at a multiple of 2.5

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7 Shifts

MAY 23, 2024

Every manager aims for maximum operational efficiency in their restaurants, but achieving this isn't easy, with the industry's success rate recorded at only 20%. This is where developing a comprehensive restaurant operations plan comes in. This is why 62% of managers feel burnt out , especially on days leading to peak seasons.

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Operations Kitchen Safety Food Safety Restaurant Law 221

7 Shifts

JULY 1, 2024

From choosing a concept and securing the necessary documentation to hosting your grand opening, we've outlined the complete process of opening a bar. However, note that bar profit margins vary due to various factors like tax rates, licensing laws, customer demographics, and the cost of living in your area. How profitable is a bar?

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Bar License Food Supply Restaurant Law 221

Modern Restaurant Management

MARCH 11, 2020

This edition of MRM News Bites features a double dose from US Foods, SpotOn Transact, DoorDash Kitchens, Virtual Restaurant Consulting, Tripleseat and Gather, wagamama, Toast, The Gluten Intolerance Group, Instawork and StaffMate Online, Procurant and Yellofin, Sift, 7shifts, ParTech, Revel Systems and Como, Kabbage, Bluecrew and Cuboh.

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Bar Cash Management Loyalty Program Point of Sale 386

EATER

FEBRUARY 15, 2022

She moves the chiles continuously with an escobeta, a brush made from dried palm leaves, as the fire burns beneath the clay griddle in the garden of Alfonsina, the restaurant she runs with her son Jorge León on the outskirts of Oaxaca. Jorge and Elvia pose for a portrait inside their restaurant. Nicholas Gill/Eater.

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Back of House Fine Dining Dine-in Restaurant Law 246

Restaurant365

JUNE 2, 2020

You can’t run a restaurant without employees, which means that processing payroll is an essential task for restaurant owners, operators, and managers. For restaurant owners and operators, the first step in understanding your payroll is to familiarize yourself with the basic concepts, regulations, and responsibilities.

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Tip Distribution Restaurant Law Front of House Cash Management 109

Restaurant365

DECEMBER 11, 2020

The year 2020 prompted enormous changes in the restaurant industry. The events of this year made running a lean, streamlined restaurant business a necessity to survive the many shifts. As 2021 begins, there are many restaurant management best practices that can be applied to strengthen your business, in the short and long term.

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2021 Cash Management Management Management 136

Paper Chase Accountancy

MAY 30, 2025

Sample Bookkeeping for Restaurants and Bars: In the hospitality industry without precise record-keeping, even the most successful establishments can find themselves adrift, struggling with cash flow, compliance, and ultimately, profitability. Bookkeeping is the often-unsung hero, forming the bedrock of smart financial management.

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Bar Cash Management Point of Sale Back of House 52

Restaurant365

MARCH 3, 2020

Your restaurant labor cost and labor percentage are two of the most essential business metrics to track, especially as minimum wages rise around the country. Labor is one of the biggest expenses for a restaurant. The methods for controlling restaurant labor costs vary by the type of restaurant.

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Front of House Point of Sale Back of House Fine Dining 99

Sling

JULY 1, 2023

If opening a restaurant is in your future, you are undoubtedly excited — and perhaps feeling a bit overwhelmed. We’ll discuss how to navigate the early planning stages, review some essentials to take care of before launch day arrives, and leave you with some tips to keep your restaurant running smoothly once it opens.

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Fine Dining Cash Management Restaurant Law Consumer Goods 78

Lavu

DECEMBER 20, 2019

The corner cafe, upscale bistro and fine dining restaurant serve different dishes, but all face at least a few common. Restaurant accounting includes items unique to the food service industry. restaurant and the restaurant itself, labor costs typically range from 25 to 40 percent of gross revenue.

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Cash Management Employee Relations Point of Sale Inventory 78

Open for Business

OCTOBER 20, 2023

Opening a restaurant is a dream for many aspiring entrepreneurs and food lovers alike, but it’s also a complex venture that requires careful planning and execution. With this guide, we walk you through the key steps to turn your restaurant dream into a successful reality. It’s equally important to study your competition.

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License Email Marketing Seasonal Menu Front of House 78

SpotOn

FEBRUARY 13, 2024

Any seasoned restaurant owner knows a great team is crucial to smooth operations and outstanding guest experiences. Thankfully, there are tools to help you manage and retain employees by communicating clear expectations for employee conduct and restaurant processes. Enter the restaurant employee handbook. Here’s why.

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Employee Relations Restaurant Law Hiring Food Safety 52

Open for Business

DECEMBER 12, 2023

Most restaurants need funding, especially during the initial stages when they’re setting up. The purpose of this guide is to help you with all the ins and outs of funding a restaurant with top tips from those who have been there, seen it, and done it. What makes someone a good Investor?

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Back of House Restaurant Law Small Business Email Marketing 78

Modern Restaurant Management

JULY 7, 2020

In this edition of MRM News Bites, we feature the latest delivery platform consolidation, the release of PPP loan information and ServSafe Dining Commitment. "As more people and more restaurants have come to use our services, Q2 bookings on Uber Eats are up more than 100 percent year on year. . Uber To Acquire Postmates.

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Mobile Ordering Restaurant Law Seating Customer Service 481

Modern Restaurant Management

MARCH 11, 2021

What are ways that restaurants can build business safely and reopen their doors as the future emerges — even while COVID cases continue and vaccine distribution is happening? Customers and restaurants are opting for contactless payment – tap cards, phone payments, and QR code-driven billing. Florida is the first U.S.

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EATER

JUNE 20, 2023

Clay Williams The chef behind Brooklyn’s Sofreh knows the restaurant industry prizes youth. This is the reality of aging when you run a restaurant, Alikhani, 63, tells me as she stands in the basement kitchen of Sofreh , the Iranian restaurant in Brooklyn that she’s operated since 2018. She wants to change that.

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Fine Dining Back of House Front of House Restaurant Law 246

EATER

JULY 6, 2022

Now, its mission is linked more than ever to fine dining destination Blue Hill at Stone Barns and a famous chef’s vision for trickle-down change. Their discomfort was magnified by the fact that one of the main architects of the plan was Dan Barber, the chef and co-owner of the on-site fine dining restaurant, Blue Hill at Stone Barns.

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Agriculture Education Leadership Employee Relations 246

Restaurant365

MAY 7, 2020

As states and localities start to reopen, restauranteurs begin to prepare for transitioning from off-premise channels to reopening their dining rooms, albeit in a limited approach. Most states have issued executive orders that provide specific requirements that must be followed in order to reopen dining rooms. Covering the Basics.

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Food Safety Cash Management Social Media Point of Sale 142

EATER

JULY 6, 2022

Blue Hill at Stone Barns’ alluring story — that a fine dining restaurant could be a model for changing the world — seduced diners, would-be employees, and thought leaders alike. Located on a working farm that was once part of a sprawling Rockefeller estate, the restaurant is a beacon of the sustainable food movement.

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Compost Front of House 2014 Back of House 339

Modern Restaurant Management

FEBRUARY 3, 2025

The restaurant industry has long relied on immigrant workers to fill key roles in kitchens, dining rooms, and management teams. With immigration regulations implemented under President Trump, many restaurant operators are facing challenges in maintaining their workforce and ensuring compliance with regulations.

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Restaurant Law Operations Audits Recruiting 251

EATER

JUNE 22, 2020

Then, Eater Chicago’s Ashok Selvam catches us up on the latest out of his city, including the controversy surrounding lauded restaurant Fat Rice, new to-go booze laws, and the general vibe of restaurant-goers as the city opens up. And all the cool restaurants are now in Brooklyn. And it was so liberating.”. I respect it.

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Travel Food Truck Restaurant Law Take-out 261

EATER

OCTOBER 11, 2023

Our maximalist habits are what got us into this mess — more and bigger, whether that be guns, cars, comic-book movies, or tax breaks for the rich — and yet we are weakening gun laws, buying more SUVs, and our wealth inequality is close to that of the Gilded Age. But that’s okay!

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