article thumbnail

Nine Critical HR and Payroll Steps to Prepare Your Restaurant for 2025

Modern Restaurant Management

A new year is creeping up on us again, bringing fresh opportunities—and challenges—for restaurant operators. From updating policies to gearing up for tax season, these steps will enhance your compliance and position your restaurant for sustained growth.

2025 449
article thumbnail

Restaurant Industry’s Labor Shortages Made Worse By Demographic Trends

Modern Restaurant Management

Restaurants were among the hardest hit by the pandemic, and among the slowest to recover. Health and safety protocols ensuring restaurants could open safely meant the industry faced a sloping recovery from a precipitously sharp drop. Customers were slow to return as well, as concerns about the pandemic kept many at home.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Cultural Advantage: How International Staff Can Enrich Your Restaurant's Atmosphere

The Rail

By Toby Patrick, Contributor Opening a restaurant goes beyond a nice aesthetic, good location, and great food. How International Staff Enrich Your Restaurants Atmosphere For example, lets say you are opening an Italian restaurant in a city center. This is also true if your restaurant is near a densely populate immigration area.

article thumbnail

MRM Research Roundup: Holiday Spending, Franchise Optimism, and Pickle Energy

Modern Restaurant Management

This final edition of Modern Restaurant Management (MRM) magazine's Research Roundup for 2024 features news of operator challenges and priorities, delivery trends, wages and hourly worker considerations. This is according to a survey conducted by TD Bank at the 2024 Restaurant Finance and Development Conference in Las Vegas, Nevada.

Franchise 221
article thumbnail

Accounting for Restaurants and Bars: A Step-by-Step Guide

Paper Chase Accountancy

This discussion will provide a roadmap for mastering the art of accounting in the world of restaurants and bars. Key Takeaways Understanding hospitality accounting is crucial for efficiency, profitability, and making informed business decisions in restaurants and bars. But, why is this so crucial to your business’s success?

Bar 82
article thumbnail

MRM Research Roundup: Diner Resiliency, Automation Technology, and Egg Prices

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features dining trends, hiring trends, tech trends, brunch trends, alcohol trends, and egg prices. Despite the fact that consumers are paying more to visit and order from restaurants this year – 12.5

Pricing 251
article thumbnail

The Ultimate Guide to Bookkeeping Services in Dubai for New Restaurants

Paper Chase Accountancy

If you think it’s all sunshine running a new restaurant in Dubai, you’re in for a surprise when the bookkeeping reality bites. It’s not simply about logging in receipts or payroll numbers, there’s a whole world of financial regulations, taxation laws and accounting intricacies that you need to consider.