Paper Chase Accountancy

AUGUST 5, 2025

Nearly 60% of restaurants fail within the first year, often due to poor financial management. This statistic highlights the critical role of effective restaurant accounting services. Industry-specific solutions, such as hotel and nightclub accounting, understand and cater to distinct financial needs of different hospitality sectors.

Cash Management

SpotOn

DECEMBER 30, 2024

Restaurant profit margin calculator How to lower restaurant costs How to increase restaurant sales Gross and net profit margins for restaurants In restaurants, profit margin is the percentage of revenue left over after expenses and costs are taken out. We all know it. Restaurant profit margins are pretty low.

Operations

Paper Chase Accountancy

MAY 21, 2025

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.

Hospitality

Paper Chase Accountancy

MAY 30, 2025

Just as the backbone holds up the body, so does financial accounting underpin the success of hospitality businesses. This fundamental discipline, when expertly managed, ensures the financial health of restaurants and hotels, enabling them to thrive even in challenging market conditions.

Hotels

Perfect Daily Grind

JULY 18, 2025

Top stories of the week Mon, 14 Jul – US drive-thru chain Scooter’s Coffee reportedly exploring US $1bn sale. The Omaha-based roaster and retailer hired advisers to evaluate a potential sale or merger of its roughly 445 outlets across the Midwest, seeking capital for further expansion amid intensifying competition.

Café

Perfect Daily Grind

JULY 25, 2025

explores sale options after sustained losses. The US coffee roaster and distributor is assessing sale or merger options and alternative business models, as high green coffee costs and weak US consumer confidence weigh on its return to profitability. Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week.

Pricing

Perfect Daily Grind

JULY 11, 2025

Launched in January 2025, the licensed store scheme onboarded its third franchisee for the Midlands, aiming to open up to 15 cafés. Editor’s note Eighteen EU nations have requested further simplification and delays to the European Union Deforestation Regulation via a signed letter, according to Euronews.

2025

7 Shifts

AUGUST 18, 2024

An alternative is to buy an existing bar that is up for sale. Opening and owning a bar is one of those unique life experiences; you have no idea what it will be like until you actually go for it. And while it can be enjoyable, rewarding, and, yes—even profitable, it also requires long hours and hard work. How Do I Run a Profitable Bar?

Bar

Modern Restaurant Management

JANUARY 2, 2024

We've reached a point where we're recognizing the value and limits of these technologies. And while automation and robotics can help streamline some elements of operations, in the wake of the COVID-19 pandemic, there's a newfound appreciation for human connection and dining experiences.

2024

Modern Restaurant Management

SEPTEMBER 25, 2020

In four years of operation, he’s doubled his sales every year, and today pulls in more than $475,000 a year. While those things are important, they’re not the main points Gorlie emphasized when we interviewed him. If you want to emulate Kyle’s path, keep these four points in mind. More self-sufficiency.

Food Truck

Modern Restaurant Management

MARCH 11, 2020

This edition of MRM News Bites features a double dose from US Foods, SpotOn Transact, DoorDash Kitchens, Virtual Restaurant Consulting, Tripleseat and Gather, wagamama, Toast, The Gluten Intolerance Group, Instawork and StaffMate Online, Procurant and Yellofin, Sift, 7shifts, ParTech, Revel Systems and Como, Kabbage, Bluecrew and Cuboh.

Bar

EATER

DECEMBER 21, 2022

Temporary pop-ups or chef residencies, whether they’re one-night events or longer tenures in a venue not the chef’s own, allow chefs to bypass some of that gatekeeping, and to put themselves in front of a new audience, work with and learn from other chefs, and build a following, seemingly without the overhead. Dola Sun /Eater.

Fine Dining

ChowNow

JULY 10, 2024

Concept overview : Describe your restaurant’s theme, cuisine, and unique selling points that make it stand out. Launching a restaurant is an exciting journey that can be filled with lots of twists and turns, but there’s a lot of effort and intention that goes into the process before you even open your doors to customers.

Point of Sale

7 Shifts

SEPTEMBER 16, 2024

Selling a restaurant can be a major decision for many reasons. One of the main reasons is to cut losses due to financial challenges, with 52% of restaurant owners saying high operating and food costs are really cutting into their profits. Other possible reasons include wanting to retire or find new business ventures.

2024

Modern Restaurant Management

OCTOBER 22, 2020

“The concepts are designed with our consumer in mind and position our stores to grow sales within and outside the four walls, while reducing buildout costs for franchisees.” ” Many of the concepts are designed to grow off-premise sales, including ghost kitchen formats and smaller takeout footprints as low as 1,000 sq.

Franchising

Modern Restaurant Management

SEPTEMBER 15, 2020

TIPs offers training for individuals on the responsible sale, service and consumption of alcohol. This edition of MRM News Bites features tech takeovers and teamings, product introductions, the latest Fall Scoop and how much would you pay for a cup of ice? Hospitality Recovery Coalition. Unfortunately, many already have. NAB Acquires SALIDO.

Fast Casual

7 Shifts

MAY 23, 2024

This includes: Net Sales: The total revenue derived from your sale of food and beverages. Restaurant expense #1: food cost Your restaurant's food cost comprises 3 elements: the food cost percentage, the cost of ingredients, and the sales or revenue from selling your dishes. Managing a restaurant is not for the faint-hearted.

Point of Sale

BNG Point of Sale

OCTOBER 15, 2021

A mobile point of sale is a system in which POS software is installed on handheld, mobile devices, such as an iPad or Android tablet or smartphone. The device functions as a mobile cash register and terminal to process sales transactions. What Is A Mobile POS System For Retail? This is no longer the case.

Retail

Perfect Daily Grind

MARCH 3, 2023

Dutch Bros raises more than US $900,000 through annual fundraiser. All of the drive-thru chain’s 700 locations donated US $1 from every drink sold on 17 February, as well as receiving donations from customers. Local charities across 14 different US states will receive all money raised. billion over the next 15 years.

2023

Open for Business

OCTOBER 20, 2023

From budgeting and licensing to crafting the perfect menu, here’s everything you need to know about how to open a restaurant. With this guide, we walk you through the key steps to turn your restaurant dream into a successful reality. Are you targeting families, young professionals, or a little bit of everything?

License

Lavu

APRIL 1, 2020

Miscellaneous key points for your bar’s business plan. Liquor License. Preparation. Every dream starts with a vision-and turning that dream into a solid business plan with a clear concept is the first step in your preparation process. Narrow down your ideal customer, and create the ideal bar for them. Outline your financial strategy.

Bar

Buzztime Business

MARCH 23, 2021

Casual dining venues license Buzztime’s customizable solution to differentiate themselves via competitive fun by offering guests trivia, card, sports and arcade games. Buzztime games have also been recently licensed by other businesses serving other markets.

Point of Sale

Buzztime Business

MARCH 23, 2021

Casual dining venues license Buzztime’s customizable solution to differentiate themselves via competitive fun by offering guests trivia, card, sports and arcade games. Buzztime games have also been recently licensed by other businesses serving other markets.

Point of Sale

Buzztime Business

MARCH 23, 2021

Casual dining venues license Buzztime’s customizable solution to differentiate themselves via competitive fun by offering guests trivia, card, sports and arcade games. Buzztime games have also been recently licensed by other businesses serving other markets.

Point of Sale

BNG Point of Sale

JULY 30, 2021

There is not much point in the parking next to another truck selling the same product as you. . The unique selling point of your food is that it is phenomenally delicious. . Guide on the Food Truck Business and How to Increase Profits . You intend to start a food truck business, correct? The food truck industry was valued at $856.7

Food Truck

The Restaurant Times

DECEMBER 6, 2020

Also, it is advisable to source less raw material for the first few weeks to keep it fresh and procure more stock later on after studying the sales pattern. Licenses & Permits . Obtaining a food truck license in Dubai is a complex process, but it is necessary to obtain these licenses to prevent legal hassles.

Food Truck

Buzztime Business

FEBRUARY 3, 2021

(NYSE American: NTN), today announced that its registration statement on Form S-4 relating to the proposed merger involving NTN and Brooklyn ImmunoTherapeutics LLC (“Brooklyn”) and the proposed sale of NTN’s assets to eGames.com Holdings LLC (“eGames.com”) has been declared effective by the Securities and Exchange Commission.

Specials

Buzztime Business

MARCH 15, 2021

With respect to Proposal 6, to allow the combined company following the closing of the merger to focus its resources on Brooklyn’s business, as soon as possible following the completion of the merger, the parties intend to consummate the asset sale to eGames.com Holdings LLC.

Specials

Buzztime Business

MARCH 15, 2021

With respect to Proposal 6, to allow the combined company following the closing of the merger to focus its resources on Brooklyn’s business, as soon as possible following the completion of the merger, the parties intend to consummate the asset sale to eGames.com Holdings LLC.

Specials

Buzztime Business

MARCH 15, 2021

With respect to Proposal 6, to allow the combined company following the closing of the merger to focus its resources on Brooklyn’s business, as soon as possible following the completion of the merger, the parties intend to consummate the asset sale to eGames.com Holdings LLC.

Specials

Buzztime Business

MARCH 1, 2021

NYSE American: NTN) unanimously urges NTN’s stockholders to vote FOR ALL the proposals to be voted on at the March 15, 2021 special meeting of stockholders, all of which relate to the proposed merger involving NTN and Brooklyn ImmunoTherapeutics LLC (“Brooklyn”) and the proposed sale of NTN’s assets to eGames.com Holdings LLC (“eGames.com”).

Cash Management

The Restaurant Times

JULY 25, 2021

The event is expected to increase the competition between the country’s restaurant brands. Besides, sales and marketing plans, organizational plans, operational plans, and production plans are included in the restaurant business plan as well. Even prominent chains like Pizza Hut are expecting a decline of 2.2%

License

Open for Business

DECEMBER 12, 2023

Then, when you get to the point when you’re ready to retain an attorney, you already have someone that’s familiar with you and your concept,” Roberta Economidis, Founding Partner at GE Law Group. All liability with respect to actions taken or not taken based on the contents of this article is hereby expressly disclaimed.

Back of House

Touch Bistro

APRIL 27, 2021

Those are the words of early 21st century writer Antoine de Saint-Exupéry – and he was on point. Licenses and Permits. Now it’s time to secure all the licenses and permits you’ll need to get up and running. How much does it cost to start a food truck business? What are the 5 crucial steps to launching a food truck business?

Food Truck

The Restaurant Times

MARCH 6, 2023

As opposed to profit, which is demonstrated as a dollar amount, your restaurant’s profit margins are its profits represented as a percentage of annual sales. As opposed to profit, which is demonstrated as a dollar amount, your restaurant’s profit margins are its profits represented as a percentage of annual sales. Read along!

Food Truck

The Restaurant Times

APRIL 19, 2021

Get The Licenses For The First Step . Getting the food truck and kitchen space licenses is especially important for the new foodpreneurs who are considering opening a new food truck business. Food truck business in the UAE has been around for almost ten years. Look For The Right Commercial Vehicle. Source: The Finest Emirates.

Food Truck

Apicbase

FEBRUARY 6, 2023

To counter the challenge, dark kitchens are increasingly pivoting towards a hybrid model with sales channels that go beyond delivery and pick-up. Successful ghost kitchens lean heavily on integrated technology systems to accept online orders, process payments, and manage back-end operations. We wouldn’t either.

Delivery