Black Box Intelligence
JUNE 14, 2023
Every quarter, Black Box Intelligence has the privilege of hosting executives from the top restaurant chains in the country for our State of the Industry (SOTI) webinar where we reveal the latest trends and insights driving today’s restaurant experience. Unfortunately, the answer is not that clear-cut.
Modern Restaurant Management
MAY 18, 2020
The Small Business Administration (SBA), in consultation with the Department of the Treasury , released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application. Step-by-step instructions on how to perform the calculations required by the CARES Act to confirm eligibility for loan forgiveness.
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Restaurant365
DECEMBER 10, 2021
A period with seven weekend days, as opposed to one with nine, will likely generate much different sales and expense levels. For instance, if you run payroll weekly or bi-weekly, a four-week accounting period allows you to align labor costs with sales, informing accurate, useful labor cost calculations.
Black Box Intelligence
MAY 23, 2023
Best and worst performing region, segment and cuisine is based on same-store sales growth. Restaurant Sales Growth Weakest Since July Restaurants saw their year-over-year same-store sales and traffic growth fall for the third consecutive month in April. Same-store sales growth was 1.3% Same-store sales growth was 1.3%
Restaurant365
NOVEMBER 18, 2021
You receive time in your Point of Sale (POS) system. From hiring and onboarding to running employee payments and paying taxes, payroll touches on many different parts of a restaurant business. This two-part blog series presents an overall guide to the essentials of payroll accounting for restaurant groups.
Lavu
MARCH 24, 2020
In your POS system , add options for curbside service, to tell the kitchen and front of house staff how to handle the order. .” The Texas Restaurant Association hosted a Webinar on Wednesday, March 18, to address curbside for full-service restaurants. Restaurant Supplies to Stock up on. Restaurant Supplies to Stock up on.
Black Box Intelligence
NOVEMBER 1, 2021
Restaurant Sales and Traffic Post Strongest Results in 4 Weeks. The industry had a strong rebound in sales and traffic growth and the week ending October 17 posted the strongest results in 4 weeks. . Only fine dining did improve in sales growth. QSR, fast casual and casual dining improved the most (improved sales growth by 1.9
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