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MRM Research Roundup: AI Investment Heating Up and Summer Dining Dos and Don’ts

Modern Restaurant Management

A Dilemma of “Super Size” Proportions Amid rising food prices and shifting consumer preferences, the restaurant industry is facing a dilemma of “super size” proportions. chain sales grew just 3.1 percent menu-price inflation rate. At the same time, U.S. percent in 2024 — falling short of the 4.1

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Food Cost Formula: The Secret to Higher Restaurant Profits

Lavu

With rising ingredient prices and tight profit margins, understanding the food cost formula can make the difference between financial success and failure. By accurately calculating food costs, restaurant owners can set the right menu prices, reduce waste, and maximize their profits. Whole Wheat Bun $0.30 Avocado(1/4) $1.20 0.30 = $17.17

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How to Cancel Toast POS Contract Without Penalties: Complete 2025 Guide

Lavu

Many restaurant owners reach a point where the system no longer fits their operational needs or budget. Document hardware condition and shipping details. Backup and Transition : Export your sales and customer data. Hardware Costs : Full price if canceled early. Prepare for a smooth switch to a new POS system.

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Monthly Restaurant Accounting: Tax and Financial Tips 

Paper Chase Accountancy

Sales tax, payroll taxes, income tax – the list is extensive. Making Smarter Business Decisions with Monthly Data Your financial statements are more than just compliance documents; they are a narrative of your business’s performance. The exact, actionable tasks to meticulously complete at each month-end.

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

Lavu

It allows you to document all financial transactions of your business and determine its performance. Understanding Accounting for Restaurant Business Methods Although accounting for restaurant businesses is a topic that many restaurateurs try to avoid, it is an essential element of running a business.

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How to Open a Corporate Cafeteria in 2025: Step-by-Step Setup & Profit Guide

Lavu

From an employer’s perspective, corporate cafeterias can be an effective tool for attracting and retaining top talent. By offering a range of healthy and diverse food options, employers can create a positive work environment that fosters employee well-being and satisfaction.

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Ensuring accurate restaurant franchise fee payments: Why franchisors and franchisees must reconcile totals to reflect actual sales

Rocket Fuel

More to the point, they are exposing franchisees and franchisors alike to financial risks that can and should be avoided. Typically, franchisors charge franchisees a range of fees, all of which are computed as a percentage of gross sales. What is a franchise fee and how do franchisors make money? Collectively, they really add up.