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MRM Research Roundup: Holiday Spending, Franchise Optimism, and Pickle Energy

Modern Restaurant Management

This final edition of Modern Restaurant Management (MRM) magazine's Research Roundup for 2024 features news of operator challenges and priorities, delivery trends, wages and hourly worker considerations. Those priorities include increased marketing and sales efforts alongside new benefits and programs to attract and retain staff.

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Inside the World of Hospitality and Leisure Accounting

Paper Chase Accountancy

See how restaurant bookkeeping fits into broader hospitality accounting practices. This vast sector includes, but is not limited to: Hotels and Resorts: From boutique inns to sprawling luxury resorts. Restaurants and Food Service: Including fine dining, fast casual, QSRs, cafes, and catering.

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Hospitality Financial Accounting: Building a Stronger Financial Backbone for Restaurants and Hotels

Paper Chase Accountancy

This fundamental discipline, when expertly managed, ensures the financial health of restaurants and hotels, enabling them to thrive even in challenging market conditions. This specialized area of accounting involves managing the financial transactions and obligations of hospitality businesses, such as NYC restaurants and hotels.

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The Essential Guide to Restaurant Accounting Service

Paper Chase Accountancy

Nearly 60% of restaurants fail within the first year, often due to poor financial management. This statistic highlights the critical role of effective restaurant accounting services. Key Takeaways Restaurant accounting services are crucial for financial health and operational efficiency, preventing common failures in the industry.

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How to Choose the Best Accountant for Your Restaurant in London

Paper Chase Accountancy

Selecting the right accountant for your London-based restaurant can be as critical as choosing the perfect ingredients for your signature dish. Key Takeaways Evaluate potential accountants for their expertise in restaurant-specific financial management and industry regulations. What Makes a Great Accountant for Restaurants?

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Smarter Restaurant Accounting Solutions to Boost Your Bottom Line

Paper Chase Accountancy

Balancing books and burgers can be a baffling business for restaurant owners. Smarter restaurant accounting solutions promise not just to streamline operations, but also to significantly boost bottom lines. Key Takeaways Smart restaurant accounting solutions significantly enhance profitability and streamline financial operations.

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Hospitality Finance Solutions: Unlocking Growth for Hotels and Restaurants

Paper Chase Accountancy

Just like a key can unlock a door, innovative hospitality finance solutions can open up new avenues of growth for hotels and restaurants. Key Takeaways Understanding hospitality finance is vital for tackling industry-specific challenges and driving growth in hotels and restaurants.