Remove Bookkeeping Remove Marketing Remove Scheduling
article thumbnail

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. Regardless of how complex bookkeeping can look like in the beginning, understanding the basics is not an impossible task.

article thumbnail

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

Modern Restaurant Management

Use creativity to market a restaurant on a limited budget. This will enable restaurants to create more purposeful schedules during these uncertain times. Throughout the week, reevaluate the schedule and readjust forecasts based on actual sales coming in.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Restaurant Accounting: A Comprehensive Guide

7 Shifts

Step 2: Look for a trustworthy restaurant accountant Even if you already know the restaurant bookkeeping and accounting process well, we suggest hiring a professional accountant to help ensure your business complies with local tax, payroll, federal, and state laws. If either of these costs is too high, your restaurant will lose money.

article thumbnail

How much does it cost to open a restaurant?

7 Shifts

Other tools that will make your restaurant run smoothly are an employee scheduling tool (starting at $17.99/month You’ll likely need the help of legal counsel, a business strategist, accountant and bookkeeper, and marketing and PR consultants to set yourself up for success. Check out these U.S. Check out these U.S.

Budgeting 141
article thumbnail

The Ultimate Guide to Restaurant Costs

7 Shifts

But the challenges don’t stop there—once open you have to focus on improving processes, managing labor schedules, and controlling restaurant costs. A restaurant expense is a recurring payment that generates revenue like utilities, rent, payroll, or marketing. And, don’t forget about streamlining your employee scheduling.

article thumbnail

Survey Says: Restaurateurs Are Making Expansion Plans

Modern Restaurant Management

The website is one part of it, but it’s also about maintaining an active social media presence, offering a loyalty program, and investing in ongoing marketing campaigns. For instance, 59 percent of operators have already automated staff scheduling, but a further 34 percent of them want to automate this process.

article thumbnail

Restaurant Point of Sale System Features and Requirements Checklist

LimeTray

Employee Management Monitors employee productivity and schedules tasks effectively. Sales & Marketing Tools Facilitates promotional campaigns and upselling strategies. Employee Management Managing schedules, tracking hours, and monitoring employee performance across shifts can be time-consuming and prone to errors.