Remove Front of House Remove Inventory Remove License
article thumbnail

How to Open a Deli in 2025: A Complete Step-by-Step Guide for Success

Lavu

If youre wondering how to open a deli that stands out in a competitive food market, this guide walks you through every critical step from business planning and licensing to choosing the right equipment and location. Source Vendors and Set Up Inventory Tracking Quality ingredients can set your deli apart from similar businesses in the area.

article thumbnail

How to Read a Restaurant P&L (Profit and Loss) Statement + Free Template

SpotOn

Your P&L line items should be consistent with the ones on different platforms—POS, inventory management, and accounting software. Joe Nicholson was a manager and tech consultant at one of the busiest restaurants in Sacramento, CA—Tower Cafe. Restaurant P&L statements can be downright confusing. Prime costs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Restaurant Accounting Tips Made Simple: Expert Ways to Boost Profits in 2025

Lavu

You may feel that they are pulling you away from where the real action is, out front and in the kitchen. Restaurant accounting is the process of interpreting and analyzing the revenue, cash flow, inventory, and income statements of a restaurant. You cannot manage your restaurant properly without going into the accounting details.

article thumbnail

10 Reasons to Switch to an iPad Restaurant POS System

Lavu

Whether you run a quick-service café or a full-service restaurant, switching to an iPad POS system in 2025 can streamline everything from order-taking to inventory management. Actionable insights : Real-time analytics help optimize sales and inventory. Simplified management : Automates inventory tracking and staff scheduling.

POS
article thumbnail

Inside the World of Hospitality and Leisure Accounting

Paper Chase Accountancy

Accounting must track and analyze performance across peak and off-peak seasons, affecting revenue recognition, staffing, and inventory management. Accounting must track and analyze performance across peak and off-peak seasons, affecting revenue recognition, staffing, and inventory management. Learn more about our Accounting Services !

article thumbnail

Restaurant Profit Margin: 7 Ways To Actually Make Your Operation More Profitable

SpotOn

These include rent, utilities, licenses, equipment, repairs, credit card processing fees—anything that's not labor or COGS. We all know it. Restaurant profit margins are pretty low. But not entirely because of inflation, labor shortages, and high food costs. Generally, a good profit margin for restaurants is 10% or higher.

article thumbnail

The Land of Misfits with Don Pirone

SpotOn

He worked at a pizza restaurant with a beer and wine license that seemed like the pinnacle of luxury at the time. Clearing downed Bud Light bottles and empty glasses of the house red, Don came away with a positive impression of the hospitality industry that he carried with him through college. SpotOn is a better solution.”