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Reopening a Restaurant in a New Location? Don’t Skip This Step

The Rail

To avoid costly damage, your kitchen equipment, bar fixtures, storage units, and decor pieces require careful handling. This is where hiring professional restaurant equipment movers becomes crucial. Handle Licenses, Permits, and Inspections Early Opening day cant happen without the right paperwork. It means planting new roots.

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Seven Questions Restaurants Should be Asking About Insurance Coverage

Modern Restaurant Management

How Will my Coverage Apply to Off-Site Events? If you are a caterer, you’ll face traditional restaurant risks like equipment breakdown and damage to your property; however, you may have a greater interest in coverage such as hired and non-owned vehicle insurance. Food service businesses, such as caterers, face additional risks.

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How to Read a Restaurant P&L (Profit and Loss) Statement + Free Template

SpotOn

Cleaning, packaging (to-go supplies), printing, menu, office, dining room, kitchen, office, event, rentals, uniforms, first aid, etc. Fixing kitchen equipment, HVAC systems, plumbing, refrigeration units, and general facility upkeep. This helps reduce future equipment purchases. Think of your lease, insurance, and licenses.

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Inside the World of Hospitality and Leisure Accounting

Paper Chase Accountancy

Complex Revenue Streams: Revenue can come from room nights, food and beverage sales, event bookings, spa services, merchandise sales, and more, each with different recognition rules and tax implications. Accounting must track: Capital Expenditures (CapEx): Large investments in property improvements, renovations, and new equipment.

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Restaurant Profit Margin: 7 Ways To Actually Make Your Operation More Profitable

SpotOn

These include rent, utilities, licenses, equipment, repairs, credit card processing fees—anything that's not labor or COGS. From there, you can send out emails weekly, monthly, or every couple of months to offer your guests special promotions or tell them about upcoming events. Overhead costs.

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Hospitality Industry Accounting and Advisory Services: The Path to Sustainable Growth 

Paper Chase Accountancy

Unique Financial Challenges in the Hospitality Sector The financial landscape of the hospitality industry is characterized by several key factors that demand specialized attention: Fluctuating Revenue: Revenue streams are highly susceptible to seasonality, economic shifts, and even local events. Opera, Cloudbeds)?

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Coffee News Recap: 25 Jul: Coffee prices surge following tariff and frost concerns, roaster applications open for Global Coffee Awards & other stories

Perfect Daily Grind

The singer‑songwriter and social media influencer Lars Huang will spearhead online marketing campaigns, lead new merchandise launches, and appear at in‑store events to boost Tims China’s profile among Gen Z consumers. China licensing agreement. QFM exits to focus on its KFC, Taco Bell, and Dunkin’ licences. (San