article thumbnail

Nine Critical HR and Payroll Steps to Prepare Your Restaurant for 2025

Modern Restaurant Management

Auditing Classifications : Double-check exempt versus nonexempt statuses for all employees to avoid costly fines and incorrect paychecks and tax withholdings. Bonus Tip : Set a recurring calendar reminder to conduct quarterly payroll audits in 2025 so you can catch discrepancies even earlier.

2025 449
article thumbnail

Improve Your CX and Reduce Operating Costs with a Simplified Payments Strategy

Modern Restaurant Management

And they want to use one unifying and consistent payment method whether they are paying for drinks, food, merchandise, greens fees, spa treatments, or event tickets: sometimes all within one resort property. They expect payment-related rewards and loyalty programs every time they transact. What is your payments strategy?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Face Pay Network, Restaurant of the Future and The Main Course

Modern Restaurant Management

Merchandise specific to New York City and Times Square to commemorate the experience. GFFS, which audits and validates restaurants and food businesses that serve gluten-free food, is launching a newly designed logo and signage that designates establishments as “Validated Gluten Free Safe Spots.”

article thumbnail

10 Ways to Make it Easier for Customers to Spend Money – Remove the Friction in your Cafe or Restaurant

Ken Burgin

Make sure they are also available on your e-commerce site for merchandise and delivery orders. Take this further – do a full audit on your the Net Easy Score (NES) for your Restaurant or Cafe – so many ways to increase turnover. With pay systems enabled, just order with the app and double click to pay – easy.

article thumbnail

Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

Spend Less Money on Food Restaurateurs who are serious about increasing their profits must conduct a complete supply-chain audit. You may wish to also offer delivery, take reservations, and/or sell merchandise. Sell Merchandise If you have a strong brand and/or lots of guest loyalty, consider selling merchandise.

article thumbnail

Restaurant profit & loss template [Free excel P&L template]

Rocket Fuel

If you sell merchandise, list that too. Here’s some good news: your values don’t have to be perfect to the decimal, and you’re not going to get audited if you forget something. The cost of goods sold may be the most important part of this section because inventory makes up such a large part of your costs.

article thumbnail

Free restaurant profit margin calculator & comprehensive guide

Open for Business

Consider adding catering services, meal kits, or branded merchandise to create additional income sources that complement your core restaurant business. Regular audits of your spending might reveal surprising areas for cost-cutting. Keep a close eye on all of your expenses, from cleaning supplies to garnishes.