Restaurant365

NOVEMBER 18, 2021

From hiring and onboarding to running employee payments and paying taxes, payroll touches on many different parts of a restaurant business. Your restaurant orders, receives, and counts food all in one system: your inventory management software. You receive time in your Point of Sale (POS) system.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

Lavu

NOVEMBER 8, 2019

As the owner or manager of a restaurant, when you’re aiming to grow profitability, accounting is an area where you need to be comfortable. It might be considered the most dreaded part of running your business, but to be profitable and to manage the money, there’s no way it can be avoided. 5 Concepts of Restaurant Accounting.

Management 85

Management Management Food Truck Cash Management 85

Restaurant365

JANUARY 5, 2021

Additionally, businesses applying for a PPP loan can also apply for Employee Retention Tax Credits (ERTC), if the credits are not applicable to wages paid with forgiven PPP loan funds. The Act also redefines payroll costs to specifically include group insurance payments made on group life, disability, vision and dental insurance.

Insurance 148

Insurance Small Business Employee Relations 2021 148

Hot Schedules

MARCH 29, 2021

My mentor Chris Webb (Product Manager) advised me to do things the way I believe it is best. We managed to solve the problem of that one client and to also improve the solution as a whole, to benefit all.”. “I Related Posts. But after a while his colleagues felt they could trust his judgement. “My In the right way.”

Technology 148

Technology Insurance Healthcare Recruiting 148

Harbor Touch

NOVEMBER 21, 2022

Make sure you understand all the laws and regulations related to alcohol sales in your state. Also, understand all the costs associated with opening a bar such as insurance, licenses, staffing costs , etc. On the other hand, you may need to hire a manager and/or assistant manager to help with the day-to-day operations.

Bar 78

Bar License Restaurant Law POS 78

7 Shifts

FEBRUARY 26, 2021

These fees, when not managed, cut deep into razor-thin margins, and in some cases, can contribute to a restaurant closing for good. Here are the things you should consider: Things to Consider When Choosing an Online Ordering Platform Does it integrate with my Point of Sale (POS) Will I need to add another tablet to my front of house setup?

Online Ordering 341

Online Ordering Ordering Customer Service Food Order 341

The Restaurant Times

JUNE 1, 2022

In fact, an average American consumes ~23 lbs of ice cream and related frozen desserts every year. You will be the EIN by the Internal Revenue Service (IRS), and you will need it while applying for any license, permit, or other state-related paperwork. Get Business Insurances. General Liability Insurance. Hire Staff.

License 52

License Insurance Employee Relations Website Management 52

Restaurant365

SEPTEMBER 23, 2021

Whether you’re a bookkeeper, accountant, restaurant owner, or store-level manager, understanding the basics of accounting can pay dividends for your business. with automated invoice coding and entry, and direct feeds of POS data. Record Daily Sales Through Your POS. Automated POS data ensures an accurate general ledger.

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Restaurant365

AUGUST 19, 2020

For food service and hospitality in particular, an essential part of the guest experience is the interaction with employees. In addition, in the age of social media, your labor practices and HR policies are under closer scrutiny than ever by both your employees and the public. Design an employee onboarding process.

Restaurant Law 131

Restaurant Law Recruiting Employee Relations Food Safety 131

Restaurant365

APRIL 19, 2022

How to manage labor cost is a challenge that all restaurant operators face daily as many restaurant businesses are forced to offer more competitive wages, benefits to hourly employees and other concessions to attract more employees from the shrinking applicant pool. Total Labor Cost. Labor Cost Percentage.

Point of Sale 78

Point of Sale FOH Front of House Back of House 78

The Restaurant Times

DECEMBER 22, 2021

With diners flocking back to restaurants in the new normal, several restaurants have had to expand their capacity and hire new employees. Insure Your Restaurant And Get Familiar With The Taxes . Insurances required by the state are: . Insurances required by the state are: .

Insurance 52

Insurance License Point of Sale Employee Relations 52

Modern Restaurant Management

MARCH 16, 2020

Due to the Covid-19 outbreak effect on the restaurant industry, Modern Restaurant Management (MRM) magazine is compiling a list of resources available for restaurant owners, operators and managers. Global insurance brokerage Hub International , is responding tonumerous inquiries asking for more guidance through the Coronavirus crisis.

Food Safety 233

Food Safety Kitchen Safety Small Business Employee Relations 233

Restaurant365

DECEMBER 17, 2019

Recurring restaurant costs would include costs like lease or mortgage payments, employee salaries, food and beverage costs, utilities, insurance and permits. Fixed costs such as insurance, rent, and loan payments do not fluctuate month to month. These recurring costs can be broken down further by category. Technology Costs.

Point of Sale 120

Point of Sale License Insurance Employee Relations 120

Restaurant365

OCTOBER 22, 2021

Even if you use restaurant management software to automatically pull much of this restaurant data, understanding the calculations behind your operational restaurant reporting can help you place these numbers in context. An accurate CoGS relies on up-to-date numbers from your inventory management system. How to calculate net profit.

Point of Sale 78

Point of Sale Insurance Inventory Cash Management 78

BNG Point of Sale

SEPTEMBER 2, 2021

This blog post will go over the typical restaurant overhead costs and expenses, including rent, utilities, labor wages for employees, licenses and permits, food cost percentages, and more. Operating expenses, which are not related to production, are overhead costs. Business insurance . What Are Overhead Costs And Expenses? .

Employee Relations 52

Employee Relations License Point of Sale Food Supply 52

Harbor Touch

APRIL 17, 2018

If you purchase equipment, like a restaurant POS system , for example, it may be eligible for depreciation deductions. If employees receive benefits and compensation, they must be provided for work that employees perform. Employee Meals. Employee Tips. Expensing Asset Purchases. Compensation and Taxes.

Employee Relations 97

Employee Relations Insurance Point of Sale Cash Management 97

Modern Restaurant Management

MARCH 24, 2021

Depending on what kind of hardware and POS system a restaurant is using, each delivery app may require a unique and intensive process to integrate it with current operations. Also, remember those pesky POS integrations that sometimes necessitate having a separate tablet or device for every delivery app? Co-created with Burma Inc.,

Delivery 154

Delivery Customer Service Point of Sale Customer Experience 154

Restaurant365

JULY 24, 2020

You’ll also have to manage your online reputation even more diligently as your delivery business exists entirely online. 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 have to package.

Front of House 147

Front of House Online Ordering Kitchen Safety Customer Service 147

Restaurant365

JUNE 17, 2020

Your payroll is the process of calculating and distributing wages to your employees. The restaurant industry faces a lot of industry-specific regulations on payroll, with laws regulating hourly employee scheduling and tipped wage workers, as well as compliance with the Affordable Care Act regarding seasonal and variable hour employees.

Tip Distribution 78

Tip Distribution Point of Sale Employee Relations Restaurant Law 78

Touch Bistro

AUGUST 11, 2021

hour for businesses with 4 or more employees. hour for businesses with 25 or fewer employees and $14.00 for businesses with 26 or more employees (several cities also have their own minimum wage laws). hour for businesses with 25 or fewer employees and $15.00/hour hour for employees not covered under FLSA).

2021 98

2021 Restaurant Law 2022 Seasonal Menu 98

Restaurant365

AUGUST 21, 2020

For food service and hospitality in particular, an essential part of the guest experience is the interaction with employees. In addition, in the age of social media, your labor practices and HR policies are under closer scrutiny than ever by both your employees and the public. Design an employee onboarding process.

Blog 78

Blog Restaurant Law Recruiting Employee Relations 78

EATER

JULY 13, 2021

She had already undertaken the process of transitioning her restaurant to a co-operative, employee-owned model, and had enlisted the nonprofits Project Equity and Sustainable Economies Law Center to explore options. So we are being diligent and thoughtful about a model that works for us and our employees.”. Spicy kishek: $0.38

Employee Relations 98

Employee Relations Delivery Food Order Restaurant Law 98

Sling

JANUARY 10, 2023

Does your onboarding checklist consist of introducing yourself to the new employee, showing them their desk, and then telling them someone will be around shortly to get them started? In this article, the experts at Sling will show you how to onboard your employees the right way so they feel comfortable and confident.

Employee Relations 78

Employee Relations Hiring Small Business Communication 78

Restaurant365

OCTOBER 23, 2019

COGS totaled takes into account the ingredients that make up your food andbeverage sales, and related supplies (like napkins or coffee filters). It’s important to note that COGS doesn’t include one-time, non-inventory-related costs, like repairs for a broken oven, new barstools, restaurant decorations, or utility bills.

Point of Sale 74

Point of Sale Inventory Employee Relations Insurance 74

Touch Bistro

APRIL 13, 2021

You can’t run a restaurant without employees, which means processing restaurant payroll is an integral part of running a food service business. Restaurant payroll is the total compensation a restaurant business must pay to its employees over a set period of time. First things first, you’ll need an Employee Identification Number (EIN).

Tip Distribution 54

Tip Distribution Employee Relations Restaurant Law Cash Management 54

Touch Bistro

MARCH 25, 2021

A new hire checklist for restaurant employees can make the onboarding process easy and painless for all parties involved. After all, employees are the heart of your restaurant, and setting them up for success starts with the onboarding process. What Is Restaurant Employee Onboarding? Get Your Employee Handbook Template.

Hiring 52

Hiring Employee Relations FOH BOH 52

The Restaurant Times

AUGUST 5, 2022

In fact, accounting software in restaurants has seen a 21 percent rise in popularity since 2018, second only to POS technology and payment processing. Successful restaurant accounting can help in efficient cash management, balancing financial books, optimizing costs, and overall business planning. Automated Inventory Management.

Cash Management 52

Cash Management Point of Sale Inventory Employee Relations 52

Lavu

JANUARY 21, 2020

A good accountant will help you in managing finances and producing key financial statements. With an automation tool like Sourcery , you can integrate the system into your restaurant management applications. This allows you to process, extract, and transfer data between the accounting system and your restaurant POS system. .

Point of Sale 78

Point of Sale Inventory Restaurant Law Front of House 78

Restaurant365

OCTOBER 14, 2020

As a restaurant owner or manager, you can use a budget to understand your income and expenses, and at what levels you will profit, break even, or operate at a loss. For example, when you understand your CoGS in your budget, you are able to implement tools like restaurant inventory management to help you track your food costs.

Point of Sale 78

Point of Sale Email Marketing Cash Management Advertising 78

The Restaurant Times

MAY 31, 2021

Being aware of the crime rate of your bakery locality is crucial to prevent unnecessary security costs and insurance premiums. Experienced employees are an asset to any business, and thus indispensable for its success. The infrastructure should also include good waste management, water facilities, and other essential services.

Point of Sale 69

Point of Sale Cash Management Customer Service Employee Relations 69

BNG Point of Sale

AUGUST 27, 2021

For restaurant expenses and a wide range of other related issues, restaurant owners focus on three primary key metrics: . Your labor costs include wages for salaried and hourly employees, in addition to other expenses associated with labor—overtime, payroll taxes, and employee benefits like health care and sick or vacation days. .

Point of Sale 52

Point of Sale Social Media Customer Service Online Ordering 52

Modern Restaurant Management

AUGUST 5, 2020

and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. Its proprietary guest engagement solution, which is used by more than 600 restaurants throughout the U.S. ” DeliverThat Expansion. .”

Food Safety 189

Food Safety Mobile Ordering Online Ordering Kitchen Safety 189

Restaurant365

AUGUST 19, 2021

While you may think of your restaurant inventory as part of operations, restaurant inventory management should also be considered an accounting function. When you can integrate your restaurant inventory management with your accounting, you can develop better inventory control while also achieving a more detailed picture of your finances.

Inventory 147

Inventory Management Management Employee Relations 147

SpotOn

MARCH 25, 2024

Licenses and permits  Every restaurant business has a lengthy list of licenses and insurance needed to open, serve your guests, and protect your business. This could include a business license, food service license, building and employee health permits, a music license , and a liquor license. 

License 52

License Insurance Point of Sale Equipment 52

Restaurant365

MAY 14, 2021

If you manage a restaurant, you’ve probably heard this statement from above-store management: “You need to know how to read a restaurant P&L statement.” P&L may seem like just another acronym, but it is actually an extremely important tool for managing a successful restaurant business.

Management 78

Management Management Point of Sale Inventory 78

Apicbase

JUNE 16, 2023

In practice, however, successfully managing a group of busy restaurants is an awfully tough undertaking. The metrics and calculations in this list will help you bring order to the chaos and manage the performance of each unit in the chain. In theory, it sounds easy. Why Are Metrics Important? That said, let’s dig in.

Point of Sale 52

Point of Sale Inventory Waste Employee Relations 52

Modern Restaurant Management

MARCH 11, 2020

US Foods Holding Corp.entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management, Inc. In addition to product-specific resources, Tipping Point includes e-Learning and training materials to support both restaurant managers and servers.

Bar 116

Bar Cash Management Loyalty Program Point of Sale 116