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Tech to Trash Can – How Technology Is Redefining Food Waste

Modern Restaurant Management

Food waste is recognized as an endemic challenge around the world. is wasted each year, about 119 billion pounds, estimated at over $408 billion. For restaurants, an industry with challenging profit margins, minimizing food waste is nothing less than a survival strategy. But unchecked waste can threaten the bottom line.

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How to Analyze Restaurant Financial Statements and Identify Growth Opportunities

Modern Restaurant Management

Balance Sheet This document provides insight into the current state of your finances (up to a specific date). Income statement (P/L statement) This document shows restaurant owners how much they’ve made versus their losses, so they can determine whether their ROI was sufficient to balance their spending.

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How to Conduct a Successful Restaurant Audit

Modern Restaurant Management

Inventory Management If you don’t have a proper inventory management system in place, you could be wasting a lot of time and money. Your food special for the week is Chicken Cacciatore, but you’ve run out of chicken. At this point, you can pay a hefty rush fee, or lose potential sales by removing the special from the menu.

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Tyga Bites and Sushi with an Attitude

Modern Restaurant Management

Now available through Grubhub, it is a delivery-only concept that specializes in antibiotic-free, oven-baked, boneless chicken bites. Instead of sending documents to regional offices, employees can add their documents, sign forms, and undergo training on Delightree. Credit: Tyga Bites. Classic Cobbler (MWBE).

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12 Best Ways To Get Your Restaurant Noticed

7 Shifts

You may have the finest ingredients, the friendliest staff, and a picture-perfect venue, but if your restaurant isn't getting noticed, all that hard work will go to waste. Chances are you all have different expertise, specials, and concepts, that attract varying local foodies. Collaborate with other restaurants in the area.

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Restaurant Accounting: Comprehensive Guide to Financial Management

The Restaurant Group

A restaurant accountants responsibilities typically include tasks such as recording transactions in the general ledgerthe master document for capturing financial transactions. Inventory Management Effective inventory management helps reduce waste and control costs. Your accountant will send you virtual hugs for this one!

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Owning a Bar: Everything You Need to Know

7 Shifts

This document will outline your bar's concept, menu, marketing strategy, and financial projections. Sorting Out Paperwork and Licensing Below is a breakdown of the licenses and documentation you'll need: Business license : The cost of registering your business will vary by state and includes a registration and filing fee.

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