Operational Restaurant Metrics measure the efficiency and effectiveness of an operation or process. Cost of Goods…
Category: Restaurants
Restaurant Balance Sheet is Important
The balance sheet is a snapshot in time. The assets of a restaurant are in the…
4-4-5 calendar
The 4-4-5 calendar divides a 52-week year into four 13-week quarters. Restaurants and retailers are the…
Restaurants
To be a winner in today’s economy requires considerable experience, planning, financial support, and energy. Successful…
Restaurant Accounting Intelligence
The biggest hurdle most restaurants face is the migration from a paper-pencil system to a completely…
RESTAURANT ACCOUNTING MISTAKES
Most restaurants fail due to financial mismanagement of any or all elements necessary to restaurant accounting.…
The COVID-19 Crisis Will Likely Lead To A Massive Shakeout In The Restaurant Industry
Restaurant industry could lose as much as $240 billion by year’s end. National Restaurant Association: Industry…
Moody’s says the restaurant industry’s outlook has improved
Moody’s Investors Service has upgraded the restaurant industry’s outlook to “stable” The bond rating agency said…
8 Everyday Problems that the Food Service Industry Contend With!
A great menu is a real balancing act. One of the most common mistakes any hospitality…
7 Surprisingly Common Problems That Restaurants Face
The food industry is a high-risk business proposition. One of the most common problems restaurant owners…