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

Modern Restaurant Management

Simplify Health Insurance Open Enrollment Health insurance is one of the most valuable benefits you offer, so make open enrollment a central, streamlined year-end activity. Recognizing and Rewarding : Celebrate employees who’ve excelled this year with bonuses, shoutouts, or perks.

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Top Tips to Show Appreciation for Your Employees This Year

Modern Restaurant Management

Ahead of Employee Appreciation Day (March 4), Society Insurance put together a list of employee recognition ideas. Merchandise and Prizes. Some examples include the boss’ parking spot, coupons, wine or company merchandise. Create a Culture of Recognition. Some moments of recognition call for a party or special event.

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2024 Outlook: Restaurant Trends and Challenges, Part One

Modern Restaurant Management

– Giliah Librach, Director of Merchandising Operations, ezCater As we look ahead to 2024, these technological advancements are poised to become even more ingrained in the restaurant ecosystem. I am concerned that rising insurance costs may force some chains to exit the market. Golden Corral is one.

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How to Manage Cash Flow During Restaurant Restrictions

Restaurant365

For most restaurants, inflow is principally the cash from your food and drink sales, or related catering or merchandise. Keeping track of cash outflow. Your total cash outflow includes cash you spent on operating costs or any funds used to buy assets.

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MRM Franchise Feed: Krystal Refranchising and Pieology in China

Modern Restaurant Management

" Macaluso hired Cypress to insure a consistent and disciplined approach to the process. Cheatham is the former Senior Director of Marketing for Pretzelmaker and will now focus on e-commerce, merchandising and licensing for all brands – a major focus for the organization. She will now have oversight of all GFG snack brands.

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Restaurant profit & loss template [Free excel P&L template]

Rocket Fuel

List everything involved in keeping your stores running: rent, insurance, taxes, even marketing. If you sell merchandise, list that too. (This is one area where it can be helpful to have software that makes these distinctions for you.). Operating costs are a good way to call out expenses you have little control over.

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Free restaurant profit margin calculator & comprehensive guide

Open for Business

Overhead costs are fixed costs including rent, utilities, equipment leases, and insurance. Consider adding catering services, meal kits, or branded merchandise to create additional income sources that complement your core restaurant business. Labor costs cover wages, benefits, and payroll taxes.