Insights and education to streamline restaurant operations and drive profitability.
As a restaurant operator, understanding the financial nuances of your operation is a crucial part of your ongoing success. Although some people may use the terms “recipe costing” and “food costing” interchangeably, they refer to very different processes with distinct roles in helping you control costs and analyze profitability. When
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That $15,000 commercial pizza oven you bought three years ago isn’t worth $15,000 anymore—and that’s actually a good thing for your taxes. Restaurant equipment loses value over time through normal
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Labor is one of the most significant expenses in the restaurant business. Yet, without a clear understanding of your payroll percentage, it’s nearly impossible to know whether you’re overstaffed, understaffed,
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The most successful restaurants coach their management teams to keep a finger on the pulse of finances by regularly revisiting the question, “What is prime cost?” Many restaurants calculate prime
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Most restaurant operators approach pricing with a simple cost-plus formula: calculate food costs, then multiply by three. That approach might keep the lights on, but it’s leaving money on the
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When it comes to building or growing a restaurant, few decisions are as financially significant as how you acquire your kitchen equipment. Whether you’re opening your first unit, renovating an
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Choosing the right restaurant accounting software isn’t just about managing your books — it’s about setting your business up for smarter decisions, smoother operations, and long-term profitability. Generic accounting tools
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Running a restaurant isn’t for the faint of heart — especially with the current litany of industry challenges. Labor costs are through the roof, profit margins keep shrinking, tariffs are
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Running a restaurant involves more than just scheduling and inventory management—you also have to play by some truly bizarre rules when it comes to alcohol. What’s legal in one state
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Tariffs have increasingly grabbed the nation’s attention. They’re gobbling up space in the mainstream media, weaving into everyday conversation, and the constant changes are stirring both concern and confusion among
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Proper liquor cost management doesn’t just impact profits—it also helps you identify shrinkage, prevent theft, manage inventory more effectively, and set prices that align with your financial goals. For new
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Successfully closing out a period sets the foundation for effective restaurant financial management, helping you avoid missed opportunities in future periods. If your last financial period ended in a blur
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In the restaurant industry, success is served on many different plates. From independent cafés to multi-location enterprises, each operation tells its financial story through the same document: the Profit and
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Let’s face it — running a restaurant means juggling dozens of moving parts every day, and your financial management shouldn’t be another headache. Yet many operators struggle with a fundamental
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In 2025, running a restaurant requires more than just great food and customer service—it demands cohesive operational efficiency powered by smart technology. Yet, many restaurant operators still struggle with siloed
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Egg prices have surged in recent months. Whether it’s a brunch café or a quick-service restaurant that relies on eggs for the breakfast daypart, operators everywhere are feeling the squeeze.
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General Managers are the heartbeat of any successful restaurant operation. Their leadership, adaptability, and execution skills determine both the short-term and long-term success of the business. Yet GMs often face
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Running a restaurant is no easy feat. Between managing fluctuating costs, navigating razor-thin profit margins, and juggling compliance with financial regulations, restaurant accounting can feel like a full-time job in
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Payroll management in the restaurant industry is complex and time-consuming. From tracking hours and calculating tips to managing compliance with ever-changing tax laws, your payroll process can significantly drain resources.
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In October 2024, the FDA rolled out its revamped Human Foods Program (HFP), a landmark initiative designed to unify food safety and nutrition regulations. For restaurants, this program represents a
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Making time to manage invoices is a necessary but often dreaded task in the restaurant industry. The process is time-consuming, requiring your team to juggle manual data entry, reconcile invoices,
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Cash flow management is vital to the immediate performance, stability, and long-term success of any restaurant business. Closely monitoring your restaurant cash flow statement – a detailed record of the
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Profit margins in the restaurant industry are razor-thin, and every dollar wasted in operations is a dollar lost from the bottom line. Many restaurants unknowingly hemorrhage money through avoidable direct
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Running a successful restaurant isn’t just about creating great recipes or a unique atmosphere. To be sustainable, your restaurant must manage costs effectively, and Cost of Goods (COGS) has one
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Restaurant labor cost represents one of the largest expenses for restaurants, often accounting for 25–30% of total sales. Managing these costs efficiently is critical for profitability and operational sustainability. Labor
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The months leading up to tax season can be a stressful time for restaurant owners. In addition to managing PTO requests and hosting parties and houseguests during the busy holiday
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Let’s face it—restaurant operators juggle dozens of moving parts every day, making accurate restaurant accounting crucial. Though confusing, incomplete financial data is the last thing you need, that’s exactly what
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A strong focus on food waste in restaurants is not just a sustainability measure to help with brand image; food waste directly affects your bottom line and can often have
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In today’s competitive food industry, restaurant operations are the cornerstone of efficiency, profitability, and long-term success. While innovative menus and creative marketing strategies may attract diners, it’s operational excellence that
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One of the most critical expenses in managing a restaurant is labor. From wages to payroll taxes, the complexity of managing labor directly affects your success, and management teams need
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Seattle’s restaurant industry is poised for a seismic shift in 2025 as small businesses brace for a significant wage increase. On January 1, 2025, the city’s minimum wage will rise
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Understanding and managing restaurant labor costs plays a significant role in profitability and is crucial for your management team to understand. Labor costs include wages, benefits, payroll taxes, and other
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Imagine applying the meticulous precision of engineering to the art of crafting a restaurant menu. Menu engineering is not just about listing dishes; it’s a strategic blueprint for boosting profits
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For restaurant owners, recipe costing is an ongoing operational concern. Savvy managers understand that as food costs change, so will individual recipe costs. Keeping up with these price fluctuations can
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New legislation can bring both challenges and opportunities. One such example is California’s “Honest Pricing Law” (SB 478), which went into effect on July 1, 2024. The law affects a
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Labor costs represent a significant portion of a restaurant’s expenses, so efficient management of server minimum wage and tipped wages is paramount. Operators must handle tipped wages precisely to maintain
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Restaurant managers have multiple responsibilities on a daily basis, so it can sometimes be difficult to determine where to focus your time and attention. Concentrating on how to reduce food
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Managing a successful restaurant requires a mix of culinary skills and shrewd financial management. Understanding the balance sheet is key to gaining insights into your business’s health and future direction.
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Effective inventory management is a cornerstone of restaurant success. Every ingredient, utensil, and napkin represents not just a cost but also an opportunity for profit or loss. In an industry
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Understanding how to calculate food cost – and then applying those figures strategically to business operations – is a prime driver of restaurant success. It’s a reality many seasoned restaurant
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In the fast-paced world of restaurant operations, efficiency isn’t just a goal—it’s a necessity. Every day, tasks and responsibilities mount, including payroll, payment processing, vendor management, sales tracking, and general
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With today’s lingering economic uncertainty, marked by rising food costs, persistent labor challenges, and intensifying competition, restaurant technology has emerged as a particularly effective tool for owners and operators committed
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In recent years, California has led the movement to increase the minimum wage. Assembly Bill 1228 (AB 1228), which went into effect April 1, 2024, requires quick-serve restaurants to pay
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Unlock up to $5,000 in rewards while revolutionizing your restaurant’s operations with our Restaurant Referral Program—discover how! With our multi-tier software solution, Back Office brings essential tools like food cost
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Table of Contents: Trouble with Traditional Accounting How to Tell When It’s Time to Switch Finding the Right Restaurant Accounting Solution The Future of Restaurant Accounting Accounting Services That Drive
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Table of Contents: Restaurant Accounting Restaurant Payroll Restaurant AP Automation Food Cost Management Introducing Your One-Stop-Shop: Back Office Start Optimizing Your Restaurant Accounting & Accelerate Growth! Why Restaurants Use Back
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Every moment counts in foodservice and the management of the accounts payable (AP) department plays a pivotal role. The intricacies of handling trade payables, vendor invoices, and payment terms can
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Table of Contents: What is Restaurant Accounting? Benefits of Restaurant Accounting Managing Your Restaurant Accounting Why You Should Use Technology to Help Streamline Your Accounting Processes Choosing the Best Restaurant
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The restaurant industry’s margins are slim, so success strongly hinges on sound financial management. The demand for specialized accounting services has never been more pronounced than where we see it
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Your restaurant payroll software is a key investment on two fronts: for your employees, to ensure they’re promptly & accurately paid, and for your management staff, to help streamline the
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You may be asking, how does payroll work? That is, what should payroll look like for a restaurant? We’ll start with the basics. What is payroll? Payroll is the business
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As a restaurant operator, understanding the financial nuances of your operation is a crucial part of your ongoing success. Although some people may use the terms “recipe costing” and “food
That $15,000 commercial pizza oven you bought three years ago isn’t worth $15,000 anymore—and that’s actually a good thing for your taxes. Restaurant equipment loses value over time through normal
Labor is one of the most significant expenses in the restaurant business. Yet, without a clear understanding of your payroll percentage, it’s nearly impossible to know whether you’re overstaffed, understaffed,
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