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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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Ultimate Restaurant Payroll Guide 2023

7 Shifts

Did you know that payroll/labor makes up almost one-third of a restaurant's operating costs ? Understanding the ins and outs of paying employees, observing labor laws, and complying with the tax code is critical to running a business. Restaurant payroll is a system for calculating and managing the salaries of employees in a restaurant.

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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. I decided to follow my dreams." I worked my way up.

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Time Theft Guide: How to Spot it and How to Stop It

7 Shifts

Time Theft Laws. In the restaurant business, communication is at the core of success (7shifts Team Communication App can help with that). Recommended Download: Free Restaurant Labor Cost Calculator Template. If you don't already, it may be wise to set up video surveillance of your POS system. Time theft laws.

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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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How to Open a Bar – 6 Expert Tips to Starting Your Own Bar

Harbor Touch

Additionally, each state, county, and city has different laws and regulations regarding alcohol sales. On the contrary, if the area already has restaurants and cafes, it’s an excellent opportunity to open a bar since you won’t have too much competition. Fast and reliable POS system. Choose the right location. Do your research.

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How to Set Up Online Ordering for Restaurants

7 Shifts

What are the benefits of self-operated delivery for restaurants? These fees, when not managed, cut deep into razor-thin margins, and in some cases, can contribute to a restaurant closing for good. Without existing apps, this lives on your restaurant’s website. Does it integrate with my restaurant’s website?