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Seven Questions Restaurants Should be Asking About Insurance Coverage

Modern Restaurant Management

While maybe less cute than National Pet Day (4/11) and less tasty than National Cheeseburger Day (9/18), National Insurance Day on June 28 encourages businesses to shop around for the BEST insurance partner to ensure financial success and safety for all involved. What Kinds of Coverage are Unique to the Risks Restaurants Face?

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Mastering Worker Classification: Seven Essential Tips for Restaurant Owners

Modern Restaurant Management

Navigating the bustling world of the restaurant industry comes with its own set of challenges, and one critical area that often flies under the radar is worker classification. Key considerations include: Wage and Hour Laws The Fair Labor Standards Act (FLSA) sets standards for minimum wage, overtime pay and recordkeeping.

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Nine Critical HR and Payroll Steps to Prepare Your Restaurant for 2025

Modern Restaurant Management

A new year is creeping up on us again, bringing fresh opportunities—and challenges—for restaurant operators. From updating policies to gearing up for tax season, these steps will enhance your compliance and position your restaurant for sustained growth.

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Avoiding the Four Biggest Traps of Restaurant Payroll

Modern Restaurant Management

While these cases may be on the more extreme side, restaurant owners have to be careful not to fall into any traps when it comes to payroll, as even accidental violations could still yield big penalties. Staffing levels have been on the upswing since the dark days of the pandemic, with the number of jobs at bars and restaurants up nearly 0.7

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Save Big: Top Restaurant Tax Deductions & Credits

Harbor Touch

Running a restaurant is tough. The good news is that there are tax deductions and credits made for restaurants and owners that can ease the burden. Essential Restaurant Tax Deductions 1. A restaurant POS system like SkyTab, though, has no upfront cost, just $29 per month. Staff pay: salaries, insurance, bonuses.

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

Lavu

Running a successful restaurant isn’t just about great food and service—it’s also about smart financial management. Restaurant accounting tips plays a crucial role in tracking expenses, managing cash flow, and maximizing profitability. You cannot manage your restaurant properly without going into the accounting details.

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Accounting for Restaurants and Bars: A Step-by-Step Guide

Paper Chase Accountancy

This discussion will provide a roadmap for mastering the art of accounting in the world of restaurants and bars. From the fundamentals of bookkeeping to hiring the suitable professionals, we’ll explore the necessary steps in the process. Restaurant accountants play a pivotal role in the financial success of these businesses.

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