...grew into a nationwide brand with over forty locations across twenty-three states. As the only national sushi chain that caters to nearly any occasion, sushi
...Restaurant Industry, many restaurants rely on business travelers and tourists to boost their sales. The percentage breakdown of sales from travelers in a typical year
...is an added, time-consuming step. Not having timely access to such key controllable costs is a hinderance to seeing the big picture of a restaurant’s
...their chicken salad. 4. Create individual accountability. Having employees share a handful of generic log-ins makes it nearly impossible to track user activity, which is
...growth, Restaurant365 helps more than 10,000 restaurants maximize their profit every day with accurate, real-time reporting providing a clear view of restaurant performance. “We are
Labor cost is typically one of your restaurant’s biggest expenses. Because restaurant labor has such an impact on your bottom line, you want to optimize
...are managing their COGS and inventory levels through Excel spreadsheets which requires manually creating formulas and hours of data entry just to generate reports. So
...centralized employee records When documentation lives in spreadsheets or paper files across multiple stores, oversight becomes nearly impossible. Centralized systems give leadership visibility without micromanaging.
...restaurant to operate today, tomorrow, and into the next decade. Strategy 1- Understand Your Restaurants Break-Even Point Before creating a game plan, you must first
CASE STUDIES / Kona Grill Reduces Costs 1.5% Kona Grill Reduces Costs 1.5% PRODUCT USED Accounting Inventory 20+ locations QSR Fast Casual Casual Dining With
...advanced scheduling software that can alert managers when employees are near overtime, or prohibit employees from clocking in or out outside of a specified window
...only once a month or once a quarter. Manual inventory control also has an increased risk for human error. With the quickly-rotating inventory for most
...as well as when you’re operating again at near or full capacity? What are Restaurant Analytics? From single-unit to international restaurant groups, all businesses are
...independent, and companies cannot include a profit or loss from these transactions on consolidated financial statements. Why is intercompany accounting important for restaurants? Most multi-unit
...Here are six tips to hiring the right employees for your restaurant business. 1. Ensure the applicant fits your restaurant’s culture While the word culture
...tax credits usually used by restaurants, are the Work Opportunity Tax Credit (WOTC), the CARES Act legislation tax credits, FICA tax credits, and disaster credits.
...numbers can quickly help restaurants save money inside the store.” Solution As a Certified Restaurant365 Accounting Partner, FTR Hospitality represents nearly 300 restaurant locations that
...responsible service and local outreach.” Challenge Mr. Foust explained the hiring challenge that is nearly universal for restaurateurs. “Restaurants mean high turnover,” he expressed. Previously,
...the right staff, encourages teamwork at your restaurants and tampers down the turnover rate. Optimizing labor costs Your overall restaurant labor cost is based on
...be valuable. For restaurants in particular, a data-driven culture can help provide insight you can use to improve operations and profitability. Many restaurants are accustomed
...with a higher turnover rate than other industries, but the current restaurant staff shortage is nearly unprecedented. Some operators are even decreasing hours or closing
...who embrace your environmental friendliness. Additionally, limiting your food waste can improve your restaurant’s bottom line. Less food waste means lower Cost of Goods Sold
Restaurant365 brings together accounting, operations, scheduling, and more in a flexible platform—empowering restaurants to choose the solutions they need and scale with confidence.
