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Restaurant Bookkeeping: Comprehensive Guide to Master Bookkeeping

7 Shifts

Bookkeeping is one of the most essential aspects of any restaurant business. After all, a small, honest mistake can accumulate over time and turn into bigger operational problems— 17% of restaurants even fail in their first year due to mismanagement of finances.

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What to Include in Your Restaurant Employee Handbook

7 Shifts

The words ‘employee handbook’ are enough to make any new hire quiver. Having to spend a shift—or even worse, your after-hours—reading through an employee handbook will sap the fun out of any new restaurant job. The introduction to your restaurant employee handbook Think of your employee handbook as a welcome to your restaurant.

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What is a Tip Credit? How They Work, Calculations, Laws, and More

7 Shifts

Tip credits are just another part of tipping that make restaurant employee compensation complex. State and local laws on tip credits. Labor cost is typically a restaurant's most considerable expense. If tips do not exceed the tip credit, the restaurant must make up the difference in hourly wage for the pay period.

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5 Reasons Why You Need a Restaurant Employee Handbook

SpotOn

Any seasoned restaurant owner knows a great team is crucial to smooth operations and outstanding guest experiences. Hiring a staff member costs almost $6,000 per month on average. Thankfully, there are tools to help you manage and retain employees by communicating clear expectations for employee conduct and restaurant processes.

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How To Start A Small Restaurant In The Spring

MBB Hospitality

But if you are considering the idea of learning how to start a small restaurant, this is the guide for you. You’ll learn the tips on selecting a prime location, creating a profitable menu, deciding on a budget, and hiring a staff. Before you start, you want to consider the idea of hiring a restaurant consulting firm.

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What Is the SUTA Tax and Why Is It Going Up in 2021?

Hot Schedules

I t’s probably fair to say that most entrepreneurs didn’t give much thought to the complexities around payroll management and taxes before starting a business and hiring employees. Because of Covid-19, there were an unprecedented number of state unemployment insurance claims over the last year. What is SUTA? According to the U.S.

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

Touch Bistro

A new hire checklist for restaurant employees can make the onboarding process easy and painless for all parties involved. Why reinvent the wheel every time a new hire joins your team when you can formalize the process? What Is Restaurant Employee Onboarding? Your New Hire Checklist for Restaurant Employees.

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