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Restaurant Staffing Crisis Solutions: Experts Weigh In

Modern Restaurant Management

While staffing has always topped the list of restaurant owner/manager pain points, it now seems to be at crisis proportions. March restaurant sale surged 36 percent year-over-year and nearly reached 2019 levels. Two-thirds of new hires signing up for DailyPay.

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NCR Reveals 2022 Hospitality Trends and Predictions

Modern Restaurant Management

Tackle the Labor Shortage with Hiring Incentives. While sales are trending higher, the National Restaurant Association reports three in four operators say recruitment and retention is their toughest challenge. Restaurant operators once again find themselves refocusing priorities and altering their plans for 2022.

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Save Big: Top Restaurant Tax Deductions & Credits

Harbor Touch

Sales Tax: Stay on Top of Local Rules Every city and state has its own sales tax quirks. Pro Tip: SkyTab can track sales tax by location with its reporting tools. Pro Tip: SkyTab provides sales and wage reports. Work Opportunity Tax Credit: Hire Smart Hiring veterans, ex-felons, or folks from empowerment zones?

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Restaurant Accounting: A Comprehensive Guide

7 Shifts

Step 2: Look for a trustworthy restaurant accountant Even if you already know the restaurant bookkeeping and accounting process well, we suggest hiring a professional accountant to help ensure your business complies with local tax, payroll, federal, and state laws. It involves tracking massive amounts of real data and industry benchmarks.

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Case Study: How a Food Truck Can Open Doors to Restaurant Ownership

Modern Restaurant Management

In four years of operation, he’s doubled his sales every year, and today pulls in more than $475,000 a year. While you’ll likely want to hire someone to help take orders, you can realistically manage with a single part-time employee. If you want to emulate Kyle’s path, keep these four points in mind.

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15 Restaurant Metrics to Know and How To Use Them

7 Shifts

Break-even point. Sales per labor hour. You can now determine what percentage this is off your overall sales to get a picture of your restaurant's financial health. Business is often a game of numbers, and restaurants are no exception. If it's not measured, it won't be managed. Table of Contents: Cost of Goods Sold.

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Owning a Bar: Everything You Need to Know

7 Shifts

An alternative is to buy an existing bar that is up for sale. Opening and owning a bar is one of those unique life experiences; you have no idea what it will be like until you actually go for it. And while it can be enjoyable, rewarding, and, yes—even profitable, it also requires long hours and hard work. How Do I Run a Profitable Bar?

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