Modern Restaurant Management

FEBRUARY 27, 2023

Hold Vendors Accountable to Contract Pricing As restaurant owners receive vendor invoices, they should use a system that can track purchased item costs to discover any contract violations. Reviewing these numbers frequently can help to hold vendors accountable to the prices they are quoting.

Bookkeeping 189

Bookkeeping Budgeting Scheduling Accounting 189

7 Shifts

AUGUST 2, 2024

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. As a rule, this should make up about 1/3 of your total expenses.

Accounting 158

Accounting Bookkeeping Pricing Budgeting 158

7 Shifts

AUGUST 18, 2024

But the challenges don’t stop there—once open you have to focus on improving processes, managing labor schedules, and controlling restaurant costs. Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. Fast casual: 28.9% Casual: 33.2%

POS Systems 148

POS Systems Scheduling Budgeting Pricing 148

Modern Restaurant Management

JANUARY 31, 2024

Inventory : Generally, when food costs go up, operators will raise their menu prices by a small amount. But what we’ve found is that operators have been leaning on menu price hikes to cover their expenses for more than two years now, and they’ve finally reached the limits of what consumers are willing to pay.

Multi-Unit Operations 203

Multi-Unit Operations Bookkeeping POS Systems Pricing 203

7 Shifts

MAY 23, 2024

Create optimized staff schedules Using the most recent data gathered by 7shifts , the restaurant industry's turnover rate is a whopping 62%. Optimizing staff schedules is essential to ensure that restaurant operations are not hampered by understaffing.

Bookkeeping 88

Bookkeeping Scheduling Training Accounting 88

7 Shifts

MARCH 11, 2020

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. month ) and a reservation management tool ($200+/month).

Budgeting 141

Budgeting Scheduling Training Bookkeeping 141

Synergy Suite

JULY 20, 2024

To understand the nuances of what this entails, a savvy restaurant manager must delve into the logistics and human factors of such a scheduling practice. The world of labor scheduling has a lot of different terms to describe how the workday is divided up. Swing Shift Night shifts, day shifts, and morning shifts.

Bookkeeping 52

Bookkeeping Scheduling Accounting Information 52