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Unprecedented Effects: How the Hospitality Industry Will Recover

Modern Restaurant Management

The current situation Involving lack of travel, dining out, and attending live entertainment, including sporting events, is of course having an adverse impact on hotels, restaurants and entertainment venues. Restaurants of all sizes have also been hit hard. Restaurants of all sizes have also been hit hard.

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Top 5 Benefits of Outsourcing Restaurant Bookkeeping Services in NYC

Paper Chase Accountancy

Just as a master chef carefully balances flavors, restaurant owners in NYC must balance their books. Outsourcing bookkeeping services can offer a plethora of benefits, from saving precious time to providing accurate financials tailored for the restaurant industry. Learn more about our Accounting Services !

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MRM Research Roundup: Mid-Year 2020 Edition

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the rise of eCommerce, economic impact, dining during COVID and hot dog insights. Key findings for the restaurant industry include: Restaurant Closures Data. Key findings for the restaurant industry include: Restaurant Closures Data.

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COVID-19 Resources for Restaurants

Modern Restaurant Management

For additional resources, click COVID-19 Survival Guide for Restaurants and MRM Restaurant Survival Guide, Second Course and MRM Restaurant Survival Guide, Part Three and What’s Next?: MRM Restaurant Survival Guide Updates.

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CFO Services for Hotels and Restaurants: Benefits and Considerations

Paper Chase Accountancy

Remarkably, recent statistics reveal that 60% of hospitality businesses, including hotels and restaurants, don’t have a dedicated Chief Financial Officer (CFO). The Role of CFO Services for Hotels and Restaurants The role of CFO services in the hospitality sector is pivotal, yet often overlooked.

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Top Restaurant Profitability Ratios Every Owner Should Know

Paper Chase Accountancy

Did you know that nearly 60% of restaurants fail within the first year due to financial mismanagement? It’s critical for restaurant owners to understand and monitor key profitability ratios to ensure financial health and longevity. In essence, restaurant profitability ratios are integral to a restaurant’s fiscal success.

Hotels 82
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Top Restaurant Profitability Ratios Every Owner Should Know

Paper Chase Accountancy

Did you know that nearly 60% of restaurants fail within the first year due to financial mismanagement? It’s critical for restaurant owners to understand and monitor key profitability ratios to ensure financial health and longevity. In essence, restaurant profitability ratios are integral to a restaurant’s fiscal success.

Hotels 82