Paper Chase Accountancy

JULY 25, 2025

Operating Expenses Utilities, marketing, supplies, rent, insurance. Seasonal variations, maintenance for high-use facilities, entertainment licensing. Tip tracking & distribution, service charge accounting, high labor turnover. Fixed Assets Asset acquisition, depreciation, disposals.

Hospitality

Lavu

JUNE 26, 2025

Operating Expenses: This is everything else that you need to run your restaurant on a day to day basis, like marketing expenses, dishware, and supplies (napkins, silverware, etc.). On the other hand, the “transaction” is when goods are exchanged, such as food to a customer or supplies from the vendor to the restaurant.

2025

Perfect Daily Grind

JULY 18, 2025

Robusta prices fell to their lowest levels since May 2024 after Brazil’s crop reached 69% completion, as improved supply prospects outweighed remaining quality and demand concerns, according to Safras & Mercado. Busan, South Korea) Fri, 18 Jul – Reborn Coffee signs US $1.7 mn master license with Arjomand Group.

Café

Lavu

APRIL 25, 2025

Here’s a breakdown of typical costs: Component Initial Cost Monthly Cost Hardware Bundle $1,400 – $5,000 N/A Software License N/A $60$400 Kitchen Display System $1,000$1,500 $25 Receipt Printers $250$400 each N/A Installations $200$500 N/A Transaction Fees N/A 2.24.5% Cash Drawer (APG): $120.00 Card Reader (iDynamo 5): $165.00

POS

Perfect Daily Grind

JULY 25, 2025

The Cheshire-based operator increased its licensed Costa Coffee sites from 58 to 79 by purchasing 21 outlets from QFM Group, becoming one of the chain’s largest UK franchisees behind the Scoffs Group. China licensing agreement. Mexico City, Mexico) Wed, 23 Jul – US sanctions threaten Latin American fertiliser supply.

Pricing

Perfect Daily Grind

JULY 11, 2025

Ultimately, EUDR requires more due diligence across the supply chain, and consumers will bear the cost. Launched in January 2025, the licensed store scheme onboarded its third franchisee for the Midlands, aiming to open up to 15 cafés. In June, the ICO composite indicator fell 9.2% to $23.3 billion despite a 1.4%

2025

Paper Chase Accountancy

MAY 21, 2025

Inventory Control and Valuation: Implementing robust systems for tracking food, beverage, and other supplies to minimize waste and optimize ordering. Compliance Expertise: Do they understand the complex tax regulations, labor laws, and licensing requirements unique to the hospitality sector? Opera, Cloudbeds)?

Hospitality

Paper Chase Accountancy

MAY 30, 2025

Inventory Control : Hotels often have more diverse inventory, including room supplies, food, and beverages, requiring more extensive inventory management. Regulation Compliance : Hotels typically face stricter regulations regarding occupancy, safety, and licensing, requiring more thorough record-keeping than restaurants.

Hotels

Lavu

JUNE 13, 2025

Remember that these rules are not always taught when getting your bartender license in bartending school. The guest, on the other hand, comes to enjoy a full bar experience, which the bartender supplies for the guest’s comfort. There are basic bartender rules every bartender should be trained to understand in the hospitality industry.

Training

SpotOn

JULY 15, 2025

  “Do you have your alcohol serving permit or bartender's license?” Tasks customers don’t see These are the behind-the-scenes tasks that keep everything running smoothly: Stocking liquor, beer, wine, mixers, and garnishes Prepping garnishes (slicing citrus, making syrups, squeezing juices, etc.)

Front of House

Restaurant Business

JUNE 23, 2025

Since then, restaurant jobs have increased, the group said, 856 new restaurants have opened in Chicago and business license cancellations have been cut in half. According to the activist organization One Fair Wage, tipped workers have earned $137.2 million in new wages since the phase-out of the tip credit began a year ago.

Leadership

Modern Restaurant Management

SEPTEMBER 22, 2021

Food and Beverage Inventory and Paper Supplies. Then, you need to think about paper supplies as well. 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. Make sure you do not overlook these expenses.

License

7 Shifts

FEBRUARY 12, 2021

Tack on obtaining permits and licenses, and you could be in for a pretty big check. Things to consider are: Local Sentiment Finances Equipment Taxes or Violations Licenses and Permits What is the local sentiment towards the restaurant? Is the liquor license included in the sale? Table of Contents. How to Buy a Restaurant.

License

7 Shifts

JULY 16, 2021

Obtain Permits and Licenses. Rent, equipment costs, supplies, marketing, and paying staff are among the costs you'll incur when just starting. Once you've validated your idea, you can dive into the nitty-gritty: Obtain Permits and Licenses. Business License. Liquor License. Table of Contents. Coffee Shop Concepts.

License

Modern Restaurant Management

FEBRUARY 21, 2022

High cost of organic produce and supply chain problems. In the wake of ongoing pandemic, restaurant owners are facing supply chain problems due to agricultural production and labor shortages, fluctuations in demand, and transportation logistics issues. These systems are expensive and restaurant owner has to bear the cost.

Fine Dining

7 Shifts

AUGUST 18, 2024

Fixed costs include rent, mortgage, salaries, loan payments, license fees, and insurance premiums. Prime cost does not include equipment and supplies, utilities, menu design, signage, decor or any other costs unrelated to the production of your product. Construction and renovation costs differ by location and contractor.

License

Modern Restaurant Management

APRIL 22, 2020

With Coronavirus prompting restaurants all across the country to completely rearrange how they operate, we knew we had to act to bolster this segment of the supply chain. Being a fully licensed retailer, distributor and importer allows Benchmark to buy wine from virtually all sources throughout the country.

Retail

Modern Restaurant Management

JUNE 30, 2021

The law allows home cooks to prepare meals from their homes and sell to consumers without being a licensed kitchen. The legislature did not codify this relief measure, and restaurants who offered the service are now left with packaging equipment and supplies that they can no longer use for to-go alcohol sales.

2021

Modern Restaurant Management

AUGUST 11, 2020

Only licensed electricians, repairmen and other contractors are hired. Fire suppression system to automatically cut off gas supplies in case of a fire. Manually cutting off electrical power and gas supply. Ensure there is a fully-stocked first aid kit and emergency supplies which are easily accessible.

Food Safety

7 Shifts

JULY 1, 2024

However, note that bar profit margins vary due to various factors like tax rates, licensing laws, customer demographics, and the cost of living in your area. Obtain permits and licenses Remember: selling alcohol is a heavily regulated business. Before you start a bar, you must secure a license from the Alcohol and Tobacco Trade Bureau.

Bar

7 Shifts

MAY 1, 2020

If you’re a licensed restaurant with a wide selection of wine, beer, and spirits, then you’re in luck— alcohol sales are booming since COVID-19 , which gives you an opportunity to boost your revenue through alcohol delivery. Ensure you include instructions for use-by date and ingredient storage to avoid items from spoiling 2.

FOH

7 Shifts

FEBRUARY 12, 2021

Tack on obtaining permits and licenses, and you could be in for a pretty big check. Things to consider are: Local Sentiment Finances Equipment Taxes or Violations Licenses and Permits What is the local sentiment towards the restaurant? Is the liquor license included in the sale? Table of Contents. How to Buy a Restaurant.

License

Modern Restaurant Management

JUNE 24, 2020

Licensed restaurants go from producing existing menus to also offering new items – based on ingredients they already stock. Named Express by Luminii, the program delivers a growing portfolio of LED strips, extrusions, power supplies, and accessories to support a broad spectrum of project types.

Guest Recovery

7 Shifts

JULY 12, 2024

Variable costs Variable costs depend on your restaurant’s level of activity, including food and beverage costs, labor costs, and supplies. However, they do have high startup costs due to the licenses and permits needed to operate. Make it part of the protocol to unplug equipment when not in use and fix any leaks promptly.

Food Truck

Hot Schedules

AUGUST 10, 2021

Take-home guides and rushed training periods don’t fully benefit your workers in an increasingly complex supply chain. Managers need to keep track of employees’ training certifications, whether company-based or official state licenses. When training or license expiration nears, remind and incentivize employees to get recertified.

Food Safety

The Restaurant Times

OCTOBER 30, 2021

Therefore, you need to familiarize yourself with the different restaurant licenses required to open a restaurant in the UK and how to obtain them. . The main objectives of licensing and food safety regulations are: food, health, and hygiene quality assurance. 7 Restaurant Licenses To Open A Restaurant In UK. Premises License.

License

7 Shifts

AUGUST 2, 2024

Overhead rate The overhead rate is a metric in restaurant accounting that includes various operational expenses such as utilities , rent, administrative costs, insurance, license, and depreciation. Lisa Thompson , a Financial Consultant, says that this rate is essential for understanding the true costs of operating a restaurant business.

Point of Sale

Cheetah

DECEMBER 20, 2021

The company is also dealing with shutdowns and fines due to lack of permits, food supply disruptions , and the enduring labor crisis. In most instances, restaurateurs provide staff and food supplies. Some ghost kitchens provide basic supplies like delivery packaging and cutlery. What to Consider When Comparing Ghost Kitchens.

Front of House

Restaurant365

NOVEMBER 5, 2021

A commissary kitchen space functions as a commercial kitchen that has the required permits and licenses for food preparation and meets local health and food safety regulations. However, these businesses are usually required by the local health department to operate out of a licensed commercial kitchen. Who uses commissary kitchens?

Kitchen Safety

EATER

SEPTEMBER 21, 2020

They’re hiring some of the most vulnerable workers: Folks who may not have a license and can’t drive; people who may be returning citizens; people who are elderly and want to go to work and people who are disabled and want to live a couple of blocks from the place they work. Because they’re caregivers of our community.

Food

ChowNow

AUGUST 6, 2024

The remaining percentage of sales is split between all other expenses, such as rent/mortgage, supplies, repairs and utility, and of course profits. Restaurant Operating Costs Here’s a quick breakdown of common expenses restaurant owners should know, as well as a few that might surprise you.

Insurance

Modern Restaurant Management

MARCH 7, 2020

Azteca also supplies freshly made products to the Food Service and Industrial channels. “We very much look forward to partnering with the brand to extend its reach to new consumers and strengthen its brand equity through strategic licensing and product extension initiatives focused on the specialty food and grocery space.”

Food

7 Shifts

MAY 23, 2024

Proper restaurant budget planning can help eliminate overspending on expenses like ineffective marketing campaigns or expensive supplies like food packaging and tissue paper. Some examples include repairs, maintenance, and your budget for supplies. Lastly, your variable costs are those that constantly change or occur as needed.

Point of Sale

Modern Restaurant Management

DECEMBER 3, 2020

” The company already signed nine franchise licenses with three new franchisees. This year alone, PJ’s Coffee has signed on 31 new franchisees, representing a total of 52 units – including the nine Florida licenses. The Squad Cake will be available while supplies last at all 490+ MOD locations across the U.S.

Franchising

The Restaurant Times

JANUARY 23, 2022

Licenses And Permission . Every state has a separate set of guidelines and policies for licensing and permits for catering companies. Every state also has different requirements for liquor licenses. . Here’s a list of licenses and permits that are common across all states – . General business license .

Catering

Cheetah

MAY 17, 2021

Business debt such as rent, mortgage instalments or other loans (principal and interest) is also covered.

Point of Sale

Perfect Daily Grind

OCTOBER 17, 2022

This is when a business owner licences its operations, products, and branding to another party in exchange for a licensing fee. They will use our name and brand, and we will supply them with all of their roasting equipment.”. Franchising is a popular way of expanding your brand in the coffee industry.

Marketing