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Navigating the bustling world of the restaurant industry comes with its own set of challenges, and one critical area that often flies under the radar is worker classification. Worker misclassification occurs when an employer incorrectly labels a worker as an independent contractor rather than an employee or vice versa.
A new year is creeping up on us again, bringing fresh opportunities—and challenges—for restaurantoperators. From updating policies to gearing up for tax season, these steps will enhance your compliance and position your restaurant for sustained growth.
Serving alcohol is a fundamental part of many restaurantoperations, but it also presents significant liability risks. From over-serving intoxicated guests to improperly checking IDs, restaurants can face serious legal, financial and reputational consequences for failing to effectively manage their liquor liability risks.
While there is an opportunity for restaurantoperators to reap the benefits of increased alcohol sales, they must pay attention to the potential liability. States such as Pennsylvania and North Carolina enacted new laws earlier this year that allow their restaurant owners to serve alcohol for longer periods of time.
Restaurants must navigate an intricate web of federal and local compliance parameters, from food and workplace safety regulations, to labor laws, to environmental concerns – and when the consequences for violations are so severe, remaining compliant can feel like walking through a minefield.
Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2025. In 2025, restaurants need to have a plan in place that ensures they are effectively managing inventory and redirecting unused, still edible food to donations.
In this article, you will learn: The five most important restaurant costs to track and manage Easy strategies for controlling food costs and labor costs Tactics to save money without hurting your guest experience Lets start with the big picture and learn where your money is actually going. Are you overstaffed on slow days?
As the restaurant industry continues to evolve in 2025, effective legal strategies are more important than ever for operators aiming to grow and scale their businesses properly. A strong structure built on a legal framework will guide your brand to grow thoughtfully, efficiently and without operational setbacks.
By Indiana Lee, Contributor The restaurant industry is one of the most fast paced in America, with new trends, dishes, and technologies emerging year-round. For example, training employees to not waste food and other resources is a growing priority for restaurants seeking to minimize environmental impact while maximizing efficiency.
As technology evolves and offers the growing promise of efficiency and convenience, it is critical to remain cognizant of laws that can impact how and whether such technology can be utilized. Nevertheless, this case highlights the need to remain vigilant as efficiency in the restaurant space runs into the counterweight of legal compliance.
In today's digital landscape, restaurants have become prime targets for cybercriminals who take advantage of potential entry points from point-of-sale systems, online ordering platforms, customer databases, loyalty programs and third-party delivery services. Consider the alarming pattern over the past three years.
In April 2024, the United States Department of Labor (DOL) published a new rule that significantly increases the salary threshold for exempt employees: how do these changes impact the restaurant industry? However, employees can be exempt from these requirements if certain tests are satisfied.
An upgraded AI function can now generate incredibly realistic images, including fake restaurant receipts. This new capability opens the door for unscrupulous individuals to try and scam restaurants out of free meals, gift cards, and more. What are some things restaurantoperators do to protect their businesses from AI-generated fraud?
Joe Gale has more than 30 years of sales, operations and account management experience, including 20 years with Coca-Cola North America Foodservice where he worked closely with numerous QSR and fast casual brands. In a franchise system, you can also leverage better pricing as part of the whole system compared to operating a single location.
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the present and future of AI use in F&B, The Splintered Path to Purchase, the Datassential 500 Awards, and where chefs are earning six figures. The lowest ratings are related to the digital experience, which also shows the most deterioration.
POS integrations simplify restaurantoperations by automating tasks, reducing errors, and improving customer service. Revolutionize Your RestaurantOperations: In-depth Overview of POS Systems Why POS Integrations Matter for Restaurants Running a restaurant involves juggling a lot of moving parts.
Managing payroll manually in restaurants is time-consuming and error-prone. Payroll automation solves these issues by streamlining tasks like tracking hours, distributing tips, and ensuring compliance with labor laws. Simplifies compliance with labor laws and tax regulations. Integrates with POS systems for seamless operations.
Is your local restaurant overpaying for payroll? Get Free Payroll for Restaurants and simplify payroll management effortlessly. Reduce errors, save money, and streamline operations with our easy-to-use payroll system designed for restaurants. Direct Deposit : Ensure timely and secure employee payments.
Want to improve your restaurants performance? Start by analyzing these Top 7 POS Sales Reports to know where your restaurant is headed. End of Day Reports : Summarize daily sales, payments, and operational metrics to track performance and spot trends. These reports are your roadmap to better profits and smoother operations.
Automating payroll can save restaurants up to 75% of the time spent on manual processes and reduce errors by 90%. For restaurant-specific needs, systems like Lavu stand out with features like dual pay rate management, robust reporting, and seamless QuickBooks integration. What makes Lavu unique is its restaurant-focused approach.
Running a successful restaurant isn’t just about great food and service—it’s also about smart financial management. Restaurant accounting tips plays a crucial role in tracking expenses, managing cash flow, and maximizing profitability. You cannot manage your restaurant properly without going into the accounting details.
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of dramatic Valentine's Day shift, best food scenes, and the evolution of c-store foodservice. As they grapple with rising costs across their supply chain, 71 percent of restaurants plan to increase prices this year.
Navigating the labyrinth of cost accounting in the restaurant industry can feel like trying to solve a Rubik’s Cube in the dark. Key Takeaways Establishing a comprehensive restaurant cost accounting system is crucial for tracking profits, managing cash flow, and ensuring financial health.
Below, they share more information on what a nuclear verdict is, a state of the union of nuclear verdicts, and precautions for restaurants to take to better protect themselves against these devastating verdicts. Ideally, nuclear verdicts would be eliminated in favor of fair and just verdicts for restaurants. What is a nuclear verdict?
New Hartford, NY January 2, 2025 PAR Technology Corporation (NYSE: PAR) (PAR Technology or PAR), a global foodservice technology company, today announced its acquisition of Delaget, LLC (Delaget), a leading provider of restaurant analytics and business intelligence solutions. The transaction closed on December 31, 2024.
Is it not a paradox that in the bustling world of restaurants, where every cent counts, the handling of tips often falls through the cracks? While a seemingly small detail, the proper management of tips can significantly impact a restaurant’s financial health and its employees’ satisfaction. Curious to find out more?
Sample Bookkeeping for Restaurants and Bars: In the hospitality industry without precise record-keeping, even the most successful establishments can find themselves adrift, struggling with cash flow, compliance, and ultimately, profitability. Bookkeeping is the often-unsung hero, forming the bedrock of smart financial management.
Managing food allergens isnt just a best practiceits a legal and safety necessity for todays restaurants. With increasing awareness of food allergies, allergen management in POS systems has become essential to ensure customer safety and streamline kitchen operations. These features help ensure a safer and more efficient workflow.
Hotels, restaurants, and sprawling F&B groups operate within a unique financial landscape, demanding far more than generic bookkeeping. Discover how Paperchase seamlessly integrates operational efficiency with strategic financial planning. Learn more about our Accounting Services !
Masked chefs make pizza in a restaurant kitchen in 2022. Jeffrey Greenberg/Universal Images Group via Getty Images Five years after the onset of the COVID pandemic, normalcy is increasingly a fragile concept After seven years of running a pop-up, Jarrett Stieber was finally ready to open his restaurant, Little Bear , in Atlanta.
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features dining trends, hiring trends, tech trends, brunch trends, alcohol trends, and egg prices. Despite the fact that consumers are paying more to visit and order from restaurants this year – 12.5
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features trends in off-premise, coffee wars, the AI lifeline, the return of lunch, and how teens spend their dollars. Many see these options not just as operational updates, but as strategic growth opportunities in a changing market.
This is where hospitality accounting services come into play, with their expertise in managing the complex financial landscape of hotels and restaurants. Key Takeaways Hospitality accountants offer specialized financial services for hotels and restaurants, managing assets and ensuring regulatory compliance.
An ICE officer | MediaNews Group via Getty Images We spoke to legal experts about what restaurant owners and workers can do to protect themselves from immigration raids In an interview on CNN , border czar Tom Homan bemoaned that immigrants in the U.S. were too informed. It just creates a lot of chaos, and they need to be held accountable.
However, there are a number of workplace trends that restaurant owners and operators can expect and for which they should now plan. Through a series of legal memoranda, she has advocated for expansive interpretations of the National Labor Relations Act that along with NLRB rulings have tilted the playing field against employers.
It can help some people build confidence, especially if you’ve never worked in the restaurant industry before or are nervous about mixing drinks. Have you ever worked in the restaurant industry? If you’ve worked in restaurants before, you’re already ahead of the game.
In the fast-paced, ever-evolving culinary world of London, it’s as if restaurants are still using abacuses instead of calculators if they aren’t utilising professional bookkeeping services. There’s an undeniable significance in meticulous financial management, especially in the restaurant industry.
Specialized bookkeeping services cater to unique financial obligations of industries like hospitality, mitigating tax-related pitfalls. Bookkeeping services in Los Angeles are instrumental in helping businesses navigate the intricacies of restaurant tax in Los Angeles and other industry-specific financial obligations.
We see firsthand what restaurants should be paying attention to as new trends and legislation arise. The Future of Nuclear Verdicts Society Insurance expects more of a discussion around nuclear verdicts and, ideally, an elimination of nuclear verdicts in favor of fair and just verdicts for restaurants. Meanwhile , Berkeley, Colo.
When we talk about the “restaurant of the future,” labor compliance isn’t exactly the flashiest or most exciting topic to include—certainly not when juxtaposed with salad-making robots and personalized digital menus. Restaurants face a multifaceted compliance situation.
" I give a lot of keynote presentations to restaurant brands, and most of them are franchises. They advise them on how to market their restaurant. Lawyers have spooked them into avoiding conversations about managing employees for fear of taking on the liability of being joint employers. They give them the tools.
For restaurants, this means dine-in service will begin again — or will be soon — and more employees will be returning to work. This is great news for an industry that has seen countless restaurants limited to takeout or delivery orders, if they were even able to remain open at all during the COVID-19 crisis.
The restaurant sector has been especially hard hit by fallout from the COVID-19 (novel coronavirus) pandemic. million Americans according to the National Restaurant Association. It’s likely no restaurant owner or manager has experienced a situation of this magnitude in their lifetime. Share Guidance.
A former employee filed a class-action lawsuit against Panera, following a data breach earlier this year. The suit claims that Panera is to blame for the breach, which exposed employees’ personal information, including Social Security numbers. What can restaurantoperators learn from this experience?
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