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Restaurant Budgeting: How to Create A Restaurant Budget

7 Shifts

However, as a rule, the primary costs you can expect in running your restaurant are usually related to food, labor, and rent. This can reduce your budget for ingredients and, at the same time, minimize food waste. For instance, you might be running your ads on Facebook incorrectly by targeting the wrong audience.

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Employee Turnover is at an All-Time High: 5 Emerging Benefits Trends You Need to Know

Hot Schedules

Employee Turnover is at an All-Time High: 5 Emerging Benefits Trends You Need to Know. The past year has seen employee turnover reach an all-time high , and you’ve likely experienced it at your own business. Employee turnover greatly hampers throughput and cuts into available revenues. b3lineicon|b3icon-24hours|? Bulk Benefits.

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Giving Your Business a Restaurant Prime Cost Tune-Up

Restaurant365

Your labor cost includes labor expenses such as wages for both salaried and hourly employees, payroll taxes, health or workers compensation insurance, and any benefits you offer. Employee Wages + Taxes + Benefits + Insurance = Total Labor Cost. Give your prime cost a tune-up by optimizing your inputs.

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15 Restaurant Metrics to Know and How To Use Them

7 Shifts

Numbers can give us insights into everything from profits and losses to average customer spend to how often employees cycle through. Employee turnover rate. Labor cost includes all labor-related categories: Employees, both hourly wages and salaries. Employee Turnover Rate. What is employee turnover rate?

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How to Deal with Legal Regulations Affecting Your New Restaurant

Open for Business

Keep all of your finalized documents in a centralized location Some permits and licenses will need to be posted in a place where they are visible to guests and employees, and others will need to be kept on site and presented to inspectors before and after you open.

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Essentials of Payroll Accounting for Restaurant Groups, Part 1

Restaurant365

From hiring and onboarding to running employee payments and paying taxes, payroll touches on many different parts of a restaurant business. Tracking labor and payroll data for restaurant employees. The payroll for your hourly employees represents one of the most controllable expenses on your profit & loss (P&L) statement.

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July/August 2020 Legal Update

Modern Restaurant Management

DC Circuit Upholds NLRB Actions Against Tyson Subsidiary : On July 24, the Court of Appeals for the District of Columbia agreed with the National Labor Relations Board that AdvancePierre Foods, Inc, a wholly owned subsidiary of Tyson Foods, committed unfair labor practices regarding the unionization of employees. Legislation.

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