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Your 7-Step Guide to Reopening Your Restaurant

7 Shifts

Restart any utilities like power, water, heat that you may have temporarily shut off during quarantine Get in touch with pest control Restart phone & internet Contact your insurance provider Restart your rent (if payments were deferred) Equipment: ?? We're getting glimpses of what the 'new normal' for restaurants will look like.

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Restaurant Labor Costs Every Store Manager Should Track

Restaurant365

Your restaurant labor cost includes everything your restaurant spends on labor, from salaries and hourly wages to payroll taxes, bonuses, and benefits like health insurance or vacation days. By pulling sales from your point of sale (POS) system, as well as labor reports, you can quickly calculate your labor cost as a percentage of sales.

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Restaurant Accounting Concepts Every Manager Should Know About

Lavu

If you have a restaurant POS , you already have a healthy support system that you should be utilizing. 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. 5 Concepts of Restaurant Accounting. Cost of Goods Sold.

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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. With information from your POS system, you can track time for staff alongside sales reports. What is a good labor cost percentage?

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Effective Restaurant Accounting Tips

Lavu

This allows you to process, extract, and transfer data between the accounting system and your restaurant POS system. . Install a Good Restaurant POS System. A good point of sale (POS) system is critical to restaurant accounting. When looking for a restaurant POS system, go for the one that helps you maintain your accounts.

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How to Onboard Restaurant Staff: A New Hire Checklist for Restaurant Employees

Touch Bistro

For Canadian employees: Social Insurance Number (SIN) card copy Form TD1 (Canada federal and provincial or territorial) Employee contact information and emergency contact information. If you use a payroll software that integrates with your POS, like Push Operations , the data collection process can be completely automated.

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Pandemic Reflections: What Lessons Has the Restaurant Industry Learned?, Part Three

Modern Restaurant Management

From a legal perspective, Insurance : the pandemic highlighted the limitations of insurance policies. Several high-profile restaurant groups brought litigation against insurance companies for their coverage position, but were ultimately unsuccessful.