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Restaurant Bookkeeping: Comprehensive Guide to Master Bookkeeping

7 Shifts

Bookkeeping is one of the most essential aspects of any restaurant business. Regardless of how complex bookkeeping can look like in the beginning, understanding the basics is not an impossible task. Here is an in-depth restaurant bookkeeping guide to help you navigate this essential business process.

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Restaurant Budgeting: How to Create A Restaurant Budget

7 Shifts

The restaurant business is one of the most competitive industries, and this shows in the fact that only 20% of restaurants succeed in the market. To help you survive and thrive, we've created a step-by-step and easy-to-follow restaurant budgeting guide. Table of Contents What is included in a restaurant budget?

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Is your business in shape for the year?

Hospitality Magazine

People will adjust their budgets and choices, and you’re flexible enough to meet them with fresh new offers. If you’re already using online rostering and booking services, integrate them with bookkeeping, payroll and marketing. Basic bookkeeping work can be done by someone else. The post Is your business in shape for the year?

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Expanding Your Business? Seven Tips to Improve Cash Flow to Fund a New Location

Modern Restaurant Management

Restaurant365’s State of the Industry Customer Survey shows that 60 percent of surveyed customers plan to expand their businesses in 2023 despite expected increased labor and food costs. Businesses can run promotions, such as early bird specials, to attract budget-conscious diners and use an email database to get the word out.

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Restaurant Accounting: A Comprehensive Guide

7 Shifts

With the mountain of data and numbers in your restaurant business, it is essential that you know which ones to track so you can assess your business's performance and the effectiveness of your strategies. The reason is simple: you know the ins and outs of your business, and your restaurant accountant should, too.

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6 Types of Business Software that Optimize Your Workflow

Social Hospitality

To run your business most efficiently, it’s crucial to streamline processes that make things run smoothly. There are various types of business software available that can help streamline different components of running a company. But to find the beste scanner software for your business, you must conduct research.

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High-paying business degree jobs: kickstart your career

Les Roches

Are you contemplating a career change or want to put your business degree to lucrative use? Have you considered the wide-ranging world of high-paying business degree jobs that can significantly increase your earnings? The intersection between business and hospitality can be a particularly rewarding area in which to work.