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Restaurant Labor Cost Control: 11 Reports to Optimize Labor

Restaurant365

Your total restaurant labor cost includes all expenses related to labor, from salaries and hourly wages to payroll taxes, bonuses, overtime, worker’s compensation, and benefits such as health insurance. Your FOH team is essential to maximum sales levels and a great customer experience, so it’s important to track FOH performance over time.

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Restaurant Accounting Concepts Every Manager Should Know About

Lavu

Even if you hire outside accountancy assistance, it’s wise to have a strong understanding of the basic accounting practices for restaurants. The costs should be built into your menu prices so that at the end of the year, you are not in the red for forgetting the insurance fees or the cost of replacing glassware. Commissions.

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Effective Restaurant Accounting Tips

Lavu

Hire a Professional Specializing in Restaurant Accounting. For an effective accounting process, you need to hire the right accountant for your restaurant business. Your restaurant POS system should seamlessly integrate both the back-of-the-house (BOH) and front-of-the-house (FOH) operations. Track Restaurant Inventory.

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Your 7-Step Guide to Reopening Your Restaurant

7 Shifts

Run through our guide to reopening your restaurant to plan your labor, inventory, marketing, and more so you can reopen with a bang. With many restaurants opening at the same time, there are bound to be delays in delivery of supplies and inventory, so it’s better to get ahead. Suppliers: ??

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Mastering Restaurant Metrics: Your Comprehensive Guide to Business Success 

Apicbase

By regularly tracking his inventory and procurement metrics, Fabio was able to reduce his kitchens’ food costs by 18%. Get a 360-view of your sales & inventory data Adopt restaurant analytics software. Inventory Turnover Ratio This restaurant inventory metric measures how often your business depletes its total inventory.