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Avoiding the Four Biggest Traps of Restaurant Payroll

Modern Restaurant Management

As an example, a restaurant owner doing payroll by hand may incorrectly record overtime pay and tip records, which subsequently leads to tax errors. The former are entitled to benefits such as minimum wage, overtime pay and workers’ compensation insurance.

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28 Strategies to Cut Costs in the Restaurant Business

Lavu

Examples of fixed costs for a restaurant include rent, insurance, and equipment lease payments. However, finding ways to negotiate lower rent or insurance rates, or to optimize equipment usage can help to reduce fixed costs. However, this cost cutting tip is crucial. Be transparent and reward employees.

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How to be a Better Leader: Improve Your Workplace Culture

Society Insurance

Quash Workplace Politics Know the Ins & Outs of the Organization The first way to overcome workplace politics is to understand different functions of the organization. It is equally important to have a clearly laid out chain of to allow for effective communication.

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2024 Emergency Planning for Restaurants

Modern Restaurant Management

Taking proactive measures and having plans in place will allow your business to react quickly to help minimize the impact of an emergency. Ahead of 2024, we will share the all-too-common disasters that can strike restaurants from fires to civil unrest to water damage with pragmatic and proactive tips that can help curb the repercussions.

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The Future of Restaurants is Forever Changed by COVID-19

Modern Restaurant Management

Stories like ours played out in restaurants across the country over the next few weeks. We offer paid leave for all staff working 25+ hours, as well as 401(k) plan, health, dental, and vision insurance — but that’s not the norm in the restaurant industry. Shift Toward Sustainability.

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What Now? COVID-19 Survival Guide for Restaurants

Modern Restaurant Management

To be added to this guide, reach out to Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Click here to learn the 10 steps to take now. Click here to read more tips to help your business get through the pandemic from a financial point of view. and Canada.

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Ultimate Restaurant Payroll Guide 2021

7 Shifts

Understanding the ins and outs of paying employees, observing labor laws, and complying with the tax code is critical to running a business. Doing payroll," or “running payroll,” encompasses the following: Calculating how much money (including tips) your business owes employees and contractors during a specific pay period.

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