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How to Calculate Restaurant Prime Cost

...to track prime cost components regularly. This process can be time consuming and error prone when done by hand, so consider automating data collection and

Kabob House Slashes Prime Costs by 11% with Restaurant365 Accounting and Operations Software

...more locations over the last nine months,” he reported. “We used to have to enter daily sales by hand, and even with just three locations,

Six Menu Engineering Tips and Tricks to Impact Your Restaurant’s Bottom Line

...each individual ingredient (even cooking oils and seasonings) and the purchasing costs. Menu costing by hand is very difficult, time consuming, and error prone. To

10 Operational Challenges Restaurants Should Expect

...be automated, like counting by hand, but they can be streamlined through template inventory sheets on a phone or tablet device. Other time-consuming elements of

How to Conduct a Restaurant Sales Forecast with POS Data

...by making adjustments in the moment, based on completely up-to-date information. Ask for a free demo of Restaurant365 today. Check out this handy restaurant ROI

How a Restaurant Employee Mobile App Keeps Millennial Restaurant Staff Engaged

...a mobile device for easy, seamless communication in the palm of their hand. Restaurant employee apps make that work to a restaurant manager’s advantage. Streamline

Forecasting for Restaurants: Implications for Inventory and Labor

...on-hand inventory levels. By predicting actual usage, you can reduce staff time spent on ordering. Why conduct a restaurant sales forecast? When you forecast restaurant

How To Master Restaurant Bookkeeping in Five Steps

...maintaining seamless accounting and restaurant bookkeeping processes is achievable. Many restaurant owners now turn to specialized restaurant accounting software to streamline and automate bookkeeping tasks.

9 Tips to Help Your Restaurant Through the Coronavirus Pandemic

...weekly to ensure that when your sales rebound you’re ready to provide an excellent customer experience in terms of inventory on hand and sufficient labor

Managing Restaurant Food Inventory for Off-Premise Channels

...theoretical food usage based on your sales. Your team will still need to take manual inventory by hand to account for sources of waste, spoilage,

How to Calculate and Optimize Your Restaurant Payroll Percentage

...the long-term, consider taking advantage of tools like sales forecasts. Forecasts use historical sales data to predict future demand. With these informed forecasts in hand,

California Fish Grill Saves 1% in Food Costs at its 50 Locations Thanks to Restaurant365

...a healthy ocean. With locations throughout California, Arizona, and Nevada, the popular seafood chain treats guests to open kitchens where vegetables and herbs are chopped,

The Essential Guide to Modern Restaurant Accounting

...analyzing and optimizing costs using modern restaurant accounting. Whether you handle accounting in house or outsource it to a restaurant accounting firm, restaurant accounting requires

How to Streamline Human Resources and Payroll in the Restaurant Industry

...for your new hires, such as company handbooks, checklists, and training manuals, can help you start off on the right foot. Because new employees come

Restaurant365 Publishes State of the Restaurant Industry Study

...(Restaurant365 customers and non-customers) to gain their insights on how they’ve handled challenges during the pandemic. Operator feedback illuminates both the struggles and the resilience

Maximize Restaurant Operations Management in 5 Steps

...efficiencies of these systems, you have the opportunity to spend more time fine-tuning restaurant operations—with data in hand. To improve restaurant operations management, start by

What is the Most Profitable Order Mode for Your Restaurant – Dine-In, Delivery, Takeout or Drive-Thru?

...cost, and any associated fees. Now is time to find out what is working, what is not, and make changes. With data in hand, you

Restaurant365 Helps Accounting Partner FTR Hospitality Save Millions for Restaurant Clients

...accurate,'” he said. “It’s really easy to sell the cost-saving side of Restaurant365, because of the efficiencies,” he added. With clean data in hand, CEOs,

Eli’s Restaurant Group Recoups $1.1 Million Prime Cost Gap During Pandemic with R365

...reviewing and adjusting menu pricing was time-consuming and manual, often requiring digging through file cabinets and doing calculations by hand. Lack of accountability at the

12 Restaurant Operational Challenges and Opportunities for 2024

...which covers the inventory process end to end, from counting and transferring to ordering and invoicing. Certain parts of inventory cannot be automated, like counting

8 Tips to Optimize Restaurant Labor Costs Despite Higher Minimum Wages

...establishments on the high end. (Compare your labor cost percentage with the industry standard in this handy labor cost calculator.) It is beneficial to understand

Tips for Improving Restaurant Employee Retention During a Pandemic

...the employee who made the referral with something like a separate check or a handwritten card. Why is recruiting important? Many restaurants fall into the

5 Restaurant Management Software Features to Maximize Performance

...cash each location has on hand or in the bank, the state of each location’s inventory, or if they’re staying up to date with their

The Employee Retention Tax Credit: Is Your Restaurant Leaving Money on the Table?

...by streamlining the day-to-day accounting functions through hands-on expertise and advanced technology. William Vaughan Company is a certified accounting partners of Restaurant365, an all-in-one accounting,

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