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

Lavu

Restaurant accounting is the process of interpreting and analyzing the revenue, cash flow, inventory, and income statements of a restaurant. Let’s start with some basic terms: Cost of Goods Sold (COGS): This is the cost of all the items and ingredients on your menu (Beginning Inventory + Purchased Inventory – Ending Inventory).

2025 113
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MRM Research Roundup: Experimentation, Valentine’s Vibe Shift, and Wine Cork Market

Modern Restaurant Management

Two-thirds of restaurant leaders believe AI or automation will improve their business in each of the 15 areas we asked about, the most popular of which are marketing and promotions (77 percent), inventory management (77 percent), payments (76 percent), menu optimization (76 percent), and staff management (75 percent). percent during Q4.

Marketing 221
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How to Manage Allergen Data in POS Systems

Lavu

Employees need to know how to access allergen data, handle special requests, and communicate clearly with customers. Equipping staff with these skills ensures they can handle allergen-related questions and tasks seamlessly. Equipping staff with these skills ensures they can handle allergen-related questions and tasks seamlessly.

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MRM Research Roundup: Diner Resiliency, Automation Technology, and Egg Prices

Modern Restaurant Management

Technology : Operational tech adoption is growing, with 50 percent of restaurants using automated payroll and inventory tools to improve efficiency and operators are optimistic about technology’s role in the future of the industry. “These restaurants are building sustainable business models for the future. .”

Pricing 251
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MRM Research Roundup: Cautious Optimism, Beyond the Burn, and the Taylor Swift Economy

Modern Restaurant Management

Turning Tides: Restaurants Continued Navigativating Inflation In response to inflation, operators said they: adjusted food suppliers (37 percent), tracked ingredient prices (36 percent), increased menu prices (34 percent), managed a leaner inventory (32 percent), and reduced their menu sizes (26 percent). The average ticket size grew by 2.6

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Loss Prevention in 2025

Rocket Fuel

But it actually refers to all the ways restaurants lose money from theft and supplier fraud to damage, spoilage, and simple operational errors. The next phase of modern loss prevention also relates to delivery. Just to level set, 75% of employees have admitted to stealing from an employer according to the U.S.

2025 52
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Hospitality Accounting Services: Simplifying Finances for Hotels & Restaurants

Paper Chase Accountancy

Cost Control : It’s essential for inventory management and controlling food and beverage costs. Investor Relations : Clear financial statements are crucial for attracting investors. Managing Payroll and Inventory: These services handle employee payments and track inventory, reducing potential errors and theft.

Hotels 52