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A CPA’s Insight on Top Issues Restaurant Owners Face

Modern Restaurant Management

For restaurant owners, there are a number of issues in their workplace keeping them up at night and hindering them from successfully managing and operating their restaurant efficiently. Money and Inventory Management The profitability of a restaurant depends on the careful management of cash flow.

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Five Signs You Need to Update Your Enterprise Tech Stack with 7shifts and Qu POS

7 Shifts

For many restaurant owners, growth is the ultimate goal—beyond the second and third locations and into the 50s and 100s. Unless you can multiply yourself, the only way to run an enterprise-level restaurant operation is by leveraging your technology stack. You can't keep up with local labor laws. Table of Contents.

POS 359
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How to apply for the Restaurant Revitalization Fund grants

7 Shifts

Nearly 6 weeks after the American Rescue Plan was signed into law, the Restaurant Revitalization Fund is a reality. billion in grants for restaurants to use to cover everything from payroll to rent. Point of sale report(s), including IRS Form 1099-K. This includes: Restaurants. Food and beverage inventory.

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Best Practices to Prevent Theft in Your Restaurant

Modern Restaurant Management

Restaurant theft is expensive. One study found that internal employee theft is responsible for 75 percent of inventory shortages and about 4 percent of restaurant sales. It’s also more prevalent than some restaurant owners and managers might want to believe. Implement a Point of Sale System.

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A Guide to the Role of a Restaurant Manager: Duties, Daily Routine, and Essential Skills

7 Shifts

Managing a restaurant is a delicate routine—if we can even call it a routine. Managers are responsible for nearly every aspect of the restaurant and have to cover a variety of duties. In addition to their main duties, restaurant managers also have to contend with all the unwritten or hidden responsibilities that fall on them.

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On the Road to Relief: Restaurant Trends and Opportunities to Watch

Modern Restaurant Management

Restaurant operators have faced stiff headwinds since 2020, with a near-constant swirl of inflation, supply chain and labor challenges. But if last year was any indicator, restaurant operators are on the road to relief in 2024. In 2024, we expect these trends to shape the restaurant sector.

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How to Conduct a Successful Restaurant Audit

Modern Restaurant Management

An audit can also be a powerful tool that can help you improve the financial health and profitabilit y of your restaurant. How to Conduct a Successful Restaurant Audit First, take stock of the following areas of your restaurant business: Cleaning and Sanitation It’s difficult to overstate the importance of sanitation for restaurants.

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