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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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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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Three Strategies to Set Your Restaurant Team Up for Summer Success 

Modern Restaurant Management

Here are three strategies to set your business and team up for a successful, profitable season. Reduce Costs by Maximizing Employee Scheduling Times of stress and uncertainty often call for a brief pause and a deep breath. Then work to better match scheduling to the ebbs and flows of customer demand.

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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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No-Shows in Showbiz: How 7shifts Made Scheduling Easier for This LA Restaurant

7 Shifts

We spoke with Jason Elmassian, general manager of Hugo's Studio City, to learn about how 7shifts has changed their business. Problem Hugo's opened when bookkeeping was done in physical books. Hugo's is also a business that employs performers and artists who may need to cover a shift at the drop of a hat to catch an audition.

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How much does it cost to open a restaurant?

7 Shifts

You won’t have cash coming in until you open your doors, so you’ll have to depend on your life savings, investments, and loans to get you through your first few weeks or months of business. Other tools that will make your restaurant run smoothly are an employee scheduling tool (starting at $17.99/month Check out these U.S.

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How to Improve Restaurant Operations: 9 Proven Strategies

7 Shifts

Say thank you more often to show your team that you appreciate their significant contributions to your business. Create optimized staff schedules Using the most recent data gathered by 7shifts , the restaurant industry's turnover rate is a whopping 62%.