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Bridging the Gap: Integrating Legal and Insurance Considerations into Restaurant Cybersecurity Response

Modern Restaurant Management

More recently, Panda Restaurant Group disclosed a March 2024 data breach that compromised driver's license numbers and other personal information of nearly 240,000 current and former employees. Implementing a formal vendor risk management program helps restaurants track these requirements across all partners.

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A CPA’s Insight on Top Issues Restaurant Owners Face

Modern Restaurant Management

Money and Inventory Management The profitability of a restaurant depends on the careful management of cash flow. Inventory management is another key issue that can creep up if owners are not aware of what product they have and how much is currently available.

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The Top Five Startup Costs Restaurant Owners Need to Know

Modern Restaurant Management

Food and Beverage Inventory and Paper Supplies. Licensing and Permits. Before you can open your restaurant, you need to have the right licensing and permit. You cannot get any licenses or permits without your EIN. Then, you need to get your business license, which you get from the local city or county.

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Restaurants Count on Cloud for Improved Operations and Customer Experience

Modern Restaurant Management

Gain informative data-based insights – By accessing a single source of data from anywhere and any device, restaurants gain invaluable insights about their customers, employees, inventory – you name it – particularly when artificial intelligence (AI) is layered in.

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The Ultimate Guide to Restaurant Costs

7 Shifts

For example, though food costs are running costs, you should budget for beginning inventory when opening your restaurant Many of your startup costs will be one-off costs, though some are subject to annual renewals Restaurant Expenses Vs. Restaurant Costs One often confused (and misused) sets of terms are restaurant costs and restaurant expenses.

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

ChowNow

Add in things like equipment repairs, licensing fees, and other expenses, and youre constantly fighting to stay ahead of significant cost increases. Labor costs keep rising, especially in markets with mandatory wage hikes or staff shortages. Even non-negotiables like utilities and rent, your overhead expenses, never seem to go down.

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Owning a Bar: Everything You Need to Know

7 Shifts

Sorting Out Paperwork and Licensing Below is a breakdown of the licenses and documentation you'll need: Business license : The cost of registering your business will vary by state and includes a registration and filing fee. To apply for a liquor license, consult the Alcohol Beverage Control (ABC) Agency) in your state.

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