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Is It Time to Reevaluate Your Restaurant or Bar Insurance?

Modern Restaurant Management

One thing is for sure, those in the restaurant industry are well-poised for resiliency in the face of challenge — and they have overcome some real hurdles in the past year. Restaurants that could quickly evolved to offer take out and curbside service and delivery options — and to-go cocktails became part of those offerings.

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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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How Hyperion Public Stays Profitable and Labor Compliant with 7shifts

7 Shifts

So they decided to open their own restaurant hangout spot. One that reflected each of the owners and their idea of the perfect restaurant to relax, socialize, and eat. Before joining Hyperion, Teddy owned his own business, and had never worked in the restaurant industry. Inventory was all being done on paper.

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Essentials of Payroll Accounting for Restaurant Groups, Part 2

Restaurant365

As explored in Part 1 of this blog series, your payroll accounting systems overlap with many different parts of your restaurant business. For those new in the payroll field as well as industry veterans, the restaurant industry can come with unique challenges for running payroll. Restaurant payroll follows these accounting cycles.

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How Much Does It Cost to Open a Restaurant?

SpotOn

Ask any owner what it was like opening their first restaurant, and they'll say it was one of the most challenging accomplishments of their career. Then, ask them, "How much does it cost to open a restaurant business?" How much does it cost to open a restaurant? How much does it cost to open a restaurant?

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Flexible Covered Period and Expanded Allowable Expenses Makes Newest Round of PPP Funds More Advantageous for Restaurant Businesses

Restaurant365

At long last, Congress agreed on a new $900 billion stimulus package and the president signed it into law last week. The Act also redefines payroll costs to specifically include group insurance payments made on group life, disability, vision and dental insurance. PPP improvements relevant to restaurant businesses.

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COVID-19 Legislative Actions: What to Know Now

Hot Schedules

The new law is a $2 trillion economic stimulus package designed to repair the economic damage caused by COVID-19 and provide additional protection to individuals and businesses who may lose income due to the pandemic. Impact on Unemployment Insurance. Relief Funds Raising Money to Help Restaurant Employees. Related Posts.