Restaurant365 bridges the gap between accounting and operations by centralizing all data, helping restaurant operators to become more efficient, accurately forecast, and tackle any challenge or opportunity with speed and accuracy.
...speak for itself. Managing up helps managers showcase to above-store management the value they bring to the organization. Benefits to Above-Store Management If you are
...company-wide initiative—and yet, there may still be stores that remain underperforming. Upper management or corporate can implement any number of policies, but it is the
...entities. However, since most generic accounting software isn’t set up to handle multiple entities in a single database, with generic software your accounting team must
...Average profit margin of fast casual restaurants: 6% to 9% Fast casual restaurants, also known as fast food or quick service restaurants (QSR), involve ordering
...to get on steadier footing. Submitting a weekly P&L statement to above store-level management Many restaurant groups require store-level restaurant managers to run a P&L
...your store-level managers to access data in the systems you implement. So, how do you empower your store-level managers? Rethinking manager accountability and empowerment Whether
...also help you see how your store location compares to other stores. By comparing across the restaurant group, you can better understand where you may
...& Purchase Automation Restaurant-specific software integrates with hundreds of food, beverage and equipment vendors to bring invoices in automatically. This substantially reduces the time it
...are frequently multiplied when groups have many locations. 5. Real-time access to accounting data With generic accounting software, to find a data point from multiple
...use it for decision making may be the bigger challenge. How do you get your store-level managers and other leadership to convert data into actionable
...those into individual assets once the store opens. If you transfer an asset to another location, advanced fixed asset software can calculate the cost of
...also made store-level managers more accountable, he reported. AvT helps corporate and management stay up to date with what’s going on in all stores, starting
...analysis report, purchases by vendor report and purchases by item report because he says the combination of those reports help to drive sales and lower
This article originally appeared in Fast Casual. The alcoholic drink market will hit over $261 billion this year and grow 10.51% through 2025, with 48%
...Studies show that people eat faster (and drink more) when fast music is in the background. Temperature: The ideal dining room temperature is somewhere between
Restaurant manager logs are an invaluable tool for both in-store managers and above store operators. Both need a way to communicate what happens as part
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...that detail every step of your accounting process and how to collect, tag, and store transactional information. This will allow your accounting teams to organize
...was a labor-intensive, manual process for store managers, who had little insight into the connection between scheduling and store sales. Meanwhile, store managers spent far
...$433 to $438, respectively. Meanwhile, pending legislation in California may increase the minimum hourly wage of fast food workers in the state to $22 an