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Essentials of Payroll Accounting for Restaurant Groups, Part 1

Restaurant365

You receive time in your Point of Sale (POS) system. Thus, your labor costs are spread out between your scheduling, POS, and payroll software. If your restaurant uses separate payroll and accounting systems, you are left importing data back and forth, a manual process that can lead to errors or wasted time.

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7 Methods for Controlling Food Costs in Restaurants

Restaurant365

Manually counting food item quantities to account for potential areas of inventory loss (wait staff errors, kitchen waste, or incorrect preparation) can be time consuming, but necessary. In addition, a robust restaurant management software platform with POS integration can automatically track theoretical inventory based on sales.

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How to Control Inventory in Your Restaurant: Best Practice Guide

Restaurant365

Proper restaurant inventory management can minimize loss and waste, helping you spot inefficiencies in your operations. Lower food costs, minimized food waste, and efficiently allocated ingredients lower your Cost Of Goods Sold (COGS), thus adding to your bottom line.

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11 Essential Techniques for Controlling Restaurant Food Costs

Restaurant365

For a more detailed look at some of these advanced techniques, check out our recent webinar, “ Beyond Basics: Advanced Techniques to Control Food Costs.”. But you also want to know how much inventory you are actually using when an employee pushes a button on your point of sale (POS) system. Leverage smart forecasting tools.

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5 “Must Have” Restaurant Reports to Keep You on Track

Restaurant365

These range from POS systems that provide basic raw data about daily sales and labor to comprehensive, all-in-one, integrated restaurant management solutions that can automatically pull point of sale (POS) and operations data to deliver business intelligence reports.

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Restaurant Reopening Checklist: Tips for Thriving

Restaurant365

The key to avoiding food waste during your recovery period is to keep your inventory as low as possible. Pull multiple reports and validate them with your POS sales, banking, or balance sheets from 2019 tax returns. Ordering and inventory control through uncertainty. Proof your reporting to make sure your numbers are correct.

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How To Recruit Great Franchisees For Your Restaurant Business (And Keep Them On Board) 

Apicbase

A robust training program for franchisees includes, at the very least: an extensive operations manual; onboarding sessions and initial training; on-site training; ongoing training through webinars, field training, on-site visits, etc. KFC, for example, serves society by focusing on waste management and water conservation in their restaurants.