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How a Creative Cocktail Program with a Beer and Wine License Can Help Your New Restaurant Succeed

Modern Restaurant Management

Opening a restaurant in competitive markets like South Florida is no easy task. However, one way to boost your restaurant's chances of success is by using a beer and wine license to offer creative cocktails—without the high cost and red tape of a full liquor license. Bureau of Labor Statistics.

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What Restaurant Owners Need to Budget for in Food Delivery Services

The Rail

Restaurant owners must consider risks like increased insurance costs and potential wear and tear from extensive use if they opt to use a personal vehicle. If you purchase or lease dedicated delivery vehicles, consider additional expenses such as maintenance, insurance, and fuel.

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Average Restaurant Profit Margins: What They Are And How to Improve Yours

ChowNow

It factors in all your operating expenses, like labor, rent, insurance, equipment repairs, marketing, and more. came to $35,000, and your operating expenses (labor, rent, insurance, etc.) Labor costs keep rising, especially in markets with mandatory wage hikes or staff shortages. added up to $60,000.

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How to Read a Restaurant P&L (Profit and Loss) Statement + Free Template

SpotOn

Gross sales are used to identify trends, seasonal shifts, and the impact of marketing campaigns. Health insurance, retirement plans (401(k)), paid time off (PTO) (vacation, sick leave, holiday pay), workers compensation, and meal discounts Training and onboarding. Spotify, ASCAP/BMI licensing fees), and special events.

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Your Guide to A Food Truck Commissary: What it is and How to Start One

The Food Corridor

These licensed commercial spaces give operators a place to store inventory, prep food, and clean their equipment—ensuring they meet health codes and run efficiently. Food Liability Insurance Program ( FLIP) offers affordable coverage, designed for small food businesses. Meet fire safety, plumbing, and ventilation requirements.

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

Lavu

Well, accounting brings deep insights into the financial status of your business and its performance in the market. When organizing you chart of accounts, you may consider breaking these elements into subcategories like marketing budget, cost of goods sold, total sales figures, and inventory. So, what is restaurant accounting?

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Restaurant Profit Margin: 7 Ways To Actually Make Your Operation More Profitable

SpotOn

But many owners don't account for the high fixed costs of bars —like repairs, insurance, and alcohol theft which can leave them with less profit than expected. These include rent, utilities, licenses, equipment, repairs, credit card processing fees—anything that's not labor or COGS. Overhead costs. More traffic.