7 Shifts

MAY 1, 2024

On the other hand, non-current assets (also referred to as long-term assets) are those that cannot be readily converted to cash. In fact, approximately 47% of restaurant owners say they would repair or update their equipment if only they had any extra money on hand. If not, your lease payments should be reflected here.

Cash Management 221

Cash Management Inventory Employee Relations Beverage 221

7 Shifts

MAY 23, 2024

Your restaurant expenses may vary depending on various factors, such as the equipment you use, your business location, the size of your operation, and whether you own or rent your commercial space. However, as a rule, the primary costs you can expect in running your restaurant are usually related to food, labor, and rent.

Point of Sale 221

Point of Sale Seasonal Menu Food Supply Cash Management 221

Sling

OCTOBER 1, 2023

Along the way, we’ll address such issues as: Working from home or a storefront The importance of state and local health codes Creating a business plan Getting incorporated and licensed Hiring and scheduling employees We’ll also discuss financing (to make it all possible) and advertising and marketing (to keep it all going).

Catering 78

Catering License Transportation Advertising 78

Sling

JUNE 8, 2020

The time frame of your business budget refers not to how long the budget lasts but to the smallest unit of measurement you will analyze. If you reach the point where you have to decide between paying the rent and buying new uniforms for your team, rent always comes first — unless everyone ruins their uniform at the same time.

Small Business 109

Small Business Cash Management Uniforms Tip Distribution 109

Sling

JANUARY 10, 2023

But if it’s something big, like a new hire arriving when or where no one was expecting them, not having a workspace ready on their first day, or training scheduled for a time when the trainer is unavailable, the employee is going to notice. The best way to do this is to stay in communication with your new hire.

Employee Relations 78

Employee Relations Hiring Small Business Communication 78

Goliath Consulting

FEBRUARY 9, 2020

According to an Online Ordering Platform company, Orders2me, one advantage of updating your POS so that it covers online services is that it handles the problem of chain restaurants having issues with poorly integrated and non-uniform POS systems across restaurants. Reference: 1) [link]. 2) [link]. 3) [link].

Front of House 74

Front of House Online Ordering Delivery POS 74

Apicbase

JULY 1, 2022

Central kitchens are commonly referred to as central production kitchens, centralised kitchens, central production units or CPUs, commissary kitchens, or prep kitchens. Instead, you only need to hire and train skilled chefs for your central production kitchen. In this article, we’ll use these terms interchangeably.

Operations 52

Operations Back of House Front of House Food Supply 52