Lavu

JUNE 26, 2025

Running a successful restaurant isn’t just about great food and service—it’s also about smart financial management. You probably joined the industry to make delicious food to serve and create a great environment for your patrons. It includes all the cost incurred on food and beverage, payroll, taxes, and benefits).

2025 113

2025 Cash Management Point of Sale POS 113

Lavu

APRIL 25, 2025

Integration with online ordering, loyalty programs, and inventory tracking. Add features like online ordering, inventory tracking, and loyalty programs. Whether you run a quick-service spot, a full-service restaurant, a bar, or a food truck, each has unique needs for handling orders and managing workflows. Transaction fees: 2.2%4.5%

POS 78

POS 2025 Loyalty Program Cash Management 78

SpotOn

DECEMBER 30, 2024

But not entirely because of inflation, labor shortages, and high food costs. Gross profit margin subtracts only the Cost of Goods Sold (COGS) to determine the profitability of your food and beverages, while net profit margin subtracts all your costs to determine the profitability of your entire operation. We all know it. Labor costs.

Operations 52

Operations Loyalty Program Online Ordering Fast Casual 52

Paper Chase Accountancy

MAY 21, 2025

They require specialized support that understands the intricacies of fluctuating revenues, high labor costs, and complex inventory management. Complex Tax Regulations: The industry faces specific tax considerations related to food and beverage sales, lodging taxes, and tip income, demanding expert knowledge for compliance.

Hospitality 52

Hospitality Sustainability Cash Management Hotels 52

Paper Chase Accountancy

MAY 30, 2025

Financial accounting in hospitality can reveal inefficiencies in inventory management, for example, leading to a more judicious use of resources. Scope of Operations : Hotels have a broader operational scope, encompassing rooms, food and beverage, and other services, making their bookkeeping more complex.

Hotels 52

Hotels Hospitality Cash Management Restaurant Law 52

SpotOn

JULY 15, 2025

You’ll need to memorize dozens of cocktails, beer and wine lists, happy hour rules, and, more often than not, entire food menus.   “Do you have your alcohol serving permit or bartender's license?” ” is a standard interview question, and you want your answer to be yes. 

Front of House 52

Front of House Bar Customer Experience Back of House 52

7 Shifts

AUGUST 7, 2024

Of all the costs your restaurants generate, your food is one of the largest. The cost of the food you serve can be affected by so many different outside influences, some of them more obvious, like the rise and fall of fuel costs or the effects of good or bad weather. The cost of food and beverages is a bit of a moving target.

Food 370

Food Seasonal Menu Inventory Pricing 370

Modern Restaurant Management

SEPTEMBER 22, 2021

Food and Beverage Inventory and Paper Supplies. Similar to your payroll expenses, your food and beverage expenses are going to vary depending on the type of restaurant you run. In general, overhead expenses related to food and beverages should be between 35 and 40 percent of your total revenue. Licensing and Permits.

License 445

License Employee Relations Equipment Food Supply 445

Modern Restaurant Management

SEPTEMBER 27, 2023

Money and Inventory Management The profitability of a restaurant depends on the careful management of cash flow. Inventory management is another key issue that can creep up if owners are not aware of what product they have and how much is currently available.

Cash Management 519

Cash Management Food Safety Restaurant Law Point of Sale 519

Modern Restaurant Management

NOVEMBER 16, 2021

Today’s restaurants are expected to deliver an Amazon-like experience: know customers’ preferences and dining habits and deliver food, whether tableside or to their front doors, without delay. Going digital – increasingly a top choice among restaurant management. Say you’re overseeing 500 locations nationwide.

Customer Experience 508

Customer Experience Operations Loyalty Program Front of House 508

Modern Restaurant Management

SEPTEMBER 25, 2020

Kyle Gorlie opened his Vet Chef food truck in 2016. But Gorlie’s plans don’t stop with the food truck. In fact, a restaurant was his initial plan after graduating from culinary school until he started planning and realized a food truck was a better choice. Why Is a Food Truck a Smart First Step?

Food Truck 445

Food Truck Food Food Safety Point of Sale 445

7 Shifts

AUGUST 18, 2024

Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. Whether it’s food cost increases due to inflation or a labor cost rise due to rising minimum wage, cost increases, like taxes, are pretty much a guarantee in the restaurant industry.

License 370

License Equipment POS Food Supply 370

Modern Restaurant Management

JANUARY 2, 2024

Looking ahead, we predict a day when cultivated meat will find its place as a default choice -on menus, because it delivers on taste, nutrition, and food safety, in addition to environmental sustainability and animal welfare. Beyond the realm of food, a similar shift has occurred with electric cars.

2024 493

2024 Fast Casual Food Safety Insurance 493

7 Shifts

AUGUST 18, 2024

You're not only competing against many other bars but establishments offering entertainment, food, and drink. Planning Your Menu Here are a few bar menu design tips : Your food should match the concept and theme. Your menu is more than just a list of food and drink. Pricing should match your target market and theme.

Bar 370

Bar License Email Marketing Customer Service 370

7 Shifts

AUGUST 2, 2024

When hiring restaurant accountants, your primary consideration should be those who understand the complexity of the food and beverage industry—both front-of-the-house and back-of-the-house operations and management. This number is essential because it helps you determine the price of your food and beverages.

Point of Sale 397

Point of Sale Inventory Seasonal Menu Cash Management 397

7 Shifts

JULY 16, 2021

Obtain Permits and Licenses. Do they serve just coffee or small foods as well? Many food businesses have gotten their start through sites like Kickstarter , Indiegogo , AngelList , GoFundMe. Once you've validated your idea, you can dive into the nitty-gritty: Obtain Permits and Licenses. Business License.

License 459

License Hiring Equipment Small Business 459

Modern Restaurant Management

MAY 2, 2023

Be sure to carefully review how your restaurant is doing in these areas: Are all food safety laws and protocols being followed in your kitchen? For instance, is food being handled and stored properly? Your food special for the week is Chicken Cacciatore, but you’ve run out of chicken. Proper inventory management is key.

Audits 282

Audits Point of Sale Document Food Safety 282

7 Shifts

MAY 1, 2020

If you have many groceries, inventory, or portioned goods, consider offering meal kits to diners to cook at home. If you’re a licensed restaurant with a wide selection of wine, beer, and spirits, then you’re in luck— alcohol sales are booming since COVID-19 , which gives you an opportunity to boost your revenue through alcohol delivery.

FOH 364

FOH Online Ordering Delivery Food Order 364

7 Shifts

JULY 12, 2024

Variable costs Variable costs depend on your restaurant’s level of activity, including food and beverage costs, labor costs, and supplies. Your inventory is one aspect to keep track of to avoid overordering. If you’re opening a new restaurant or branch, plan your initial inventory carefully.

Food Truck 397

Food Truck Customer Service Seasonal Menu Loyalty Program 397

7 Shifts

OCTOBER 21, 2021

Fresh: Modern vegan and vegetarian food with an emphasis on whole and natural ingredients. From casual restaurants and coffee shops to fast food chains and new trending restaurant concepts like the virtual restaurant , there's a restaurant concept for every owner and every diner. Fast Food Chains. Menu design.

Fast Casual 370

Fast Casual Food Truck Casual Customer Service 370

Restaurant Clicks

FEBRUARY 12, 2020

There are various licenses and permits needed to open a new restaurant legally. Before you can open a new restaurant, you’ll need to apply for and receive an assortment of state licenses and local permits. . Restaurant licensing differs state by state , so the process for getting restaurant licenses isn’t always the same.

License 80

License Food Truck Certification Restaurant Law 80

7 Shifts

JULY 1, 2024

While this could be a rewarding venture, opening a bar is not exactly the same as opening a food business. However, note that bar profit margins vary due to various factors like tax rates, licensing laws, customer demographics, and the cost of living in your area.

Bar 221

Bar License Food Supply Restaurant Law 221

Modern Restaurant Management

AUGUST 5, 2020

General Mills Foodservice' s Neighborhood to Nation Restaurant Recipe Contest will award $100,000 to restaurants and food trucks nationwide. The Neighborhood to Nation Recipe Contest is open to foodservice operators, chefs and line cooks who develop recipes for menu items served at independent, commercial restaurants or food trucks.

Food Safety 527

Food Safety Mobile Ordering Online Ordering Kitchen Safety 527

ChowNow

AUGUST 6, 2024

Food Cost Percentage Your food cost percentage uses a similar formula as labor, just with total cost of goods sold. Initial Inventory + Food Purchases – Ending Inventory = Total Cost of Goods Sold Let’s take our example restaurant again and assume they started the year with $50,000 worth of inventory.

Insurance 195

Insurance Inventory Food Order Food Supply 195

ChowNow

JULY 10, 2024

Your business plan is a great opportunity to share a sample of the menu, but if you’d rather just share information, make sure you point to the food you will offer at your restaurant and what makes it unique. This might include lease agreements or licenses. Be as detailed as possible, including specific descriptions and pricing.

Point of Sale 221

Point of Sale Email Marketing License Customer Service 221

ChowNow

AUGUST 26, 2024

Startup Budget This covers initial costs such as equipment, licenses, renovations and initial inventory. Operating Budget Your day-to-day expenses, including rent, utilities, wages and food costs. Additionally, consider using an inventory tracking system to reduce spoilage or lost inventory.

Cash Management 195

Cash Management Seasonal Menu Inventory Equipment 195

Modern Restaurant Management

JULY 15, 2024

But, having worked with hundreds of restaurant owners and franchisees over the past four decades, I’ve found that the most successful concepts have a robust development pipeline, even in the face of inflation, lack of real estate inventory, rising food and labor costs, and other market challenges. Their secret?

Front of House 251

Front of House License Information Take-out 251

Restaurant365

NOVEMBER 5, 2021

A commissary kitchen is a dedicated kitchen space where a foodservice operator can process, prepare, and store food. While these types of kitchens have always been a feature of the restaurant industry, new trends in food service have led more owners and operators to consider adding them to their business model.

Kitchen Safety 148

Kitchen Safety Food Truck License Food Safety 148

7 Shifts

SEPTEMBER 16, 2024

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. It helps buyers understand what the restaurant owns (like equipment and inventory) and what it owes (like loans or outstanding bills).

2024 195

2024 Document Cash Management Point of Sale 195

Modern Restaurant Management

DECEMBER 3, 2020

” The company already signed nine franchise licenses with three new franchisees. This year alone, PJ’s Coffee has signed on 31 new franchisees, representing a total of 52 units – including the nine Florida licenses. Our goal is to bring the coffee to them, so they can make every weekend feel like a vacation.”

Franchising 414

Franchising Franchise Catering Online Ordering 414

The Restaurant Times

OCTOBER 30, 2021

From inventory to alcohol, and live music to TV installation, for every little operation, you need to think about whether it is allowed by the government or not. Therefore, you need to familiarize yourself with the different restaurant licenses required to open a restaurant in the UK and how to obtain them. . Food Premise Approval.

License 52

License Insurance Certification Food Safety 52

Restaurant365

MARCH 18, 2020

However, there will undoubtedly be an impact on all businesses, including all owners, managers, servers, chefs, delivery drivers, and more in the food business. Consider reducing your food costs by limiting the number of menu items in a way that allows you to streamline your inventory. Licenses and permits. Labor costs.

Point of Sale 158

Point of Sale Delivery Food Order License 158

Restaurant365

DECEMBER 17, 2019

Your average restaurant labor cost and restaurant food cost will vary based on your type of concept, location, size, and other details. One-time costs are one-time purchases, like a lease security deposit or loan down payment, signage, renovation costs, and business licenses and permits. Restaurant Food Costs. Labor Costs.

Point of Sale 120

Point of Sale License Insurance Employee Relations 120

The Restaurant Times

MAY 25, 2021

Ever wondered how restaurants ensure that their food is healthy enough to consume? India has a Central regulatory body, namely the Food Safety and Standards Authority of India (FSSAI) , that functions under the Food Safety and Standard Act, 2006. It is crucial to train your employees before the food inspection.

Food Safety 98

Food Safety Kitchen Safety License Audits 98

Restaurant365

JULY 24, 2020

Increased demand for food delivery had already boosted the growth of ghost kitchens, and the COVID-19 pandemic has escalated both the popularity and profitability of the model. Ghost kitchens cut the cost of real estate and labor by reducing the restaurant model to accommodate off-premise food sales. market for online food delivery.

Front of House 147

Front of House Online Ordering Kitchen Safety Customer Service 147

Restaurant365

NOVEMBER 18, 2021

Your restaurant’s two largest expenses are your food and your labor costs (together, known as your prime cost). Tracking both your food and labor costs in detail is critical to maintaining healthy profits over time. While there are many details surrounding your food cost data, the actual tracking is relatively simple.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

Restaurant365

AUGUST 19, 2020

Successful restaurant owners and operators don’t just provide great food. For food service and hospitality in particular, an essential part of the guest experience is the interaction with employees. Bartender Licensing. The people piece of the puzzle can be challenging for restaurants. Conclusion.

Restaurant Law 131

Restaurant Law Recruiting Employee Relations Food Safety 131