Beverage Cash Management Food Supply 
Culinary Cues
DECEMBER 17, 2020
A reduction in restaurant business leads to crop waste, unplanted land, and serious cash flow problems for farmers. If this is not provided then an important part of our culture, a major employer of people, and the heart of the food ecosystem will not survive. They need help now!
7 Shifts
AUGUST 2, 2024
By tracking metrics like customer retention and employee turnover rate, contribution margin, and menu item profitability, restaurant managers can identify each area’s strengths and what areas need improvement. This number is essential because it helps you determine the price of your food and beverages.
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7 Shifts
MAY 25, 2020
each surface that comes into contact with food, and any supplies or equipment that’s used through the day. If you’re using a task management app like 7tasks , ensure that each task is assigned to a specific person to enforce accountability—and have your managers check the task list progress throughout the shift.
7 Shifts
JULY 20, 2024
Components of a restaurant’s financial report The food and beverage sales report, prime costs report, inventory report, profit and loss (P&L) statement, and cash flow statement are all critical components of a restaurant's financial management.
7 Shifts
JULY 5, 2024
Running a restaurant is not just about serving great food; it’s also about managing finances. The average profit margin of full-service restaurants ranges between 3% and 5%, while their fast-food and casual counterparts’ margins fall between 6% and 9%.
7 Shifts
AUGUST 18, 2024
But the challenges don’t stop there—once open you have to focus on improving processes, managing labor schedules, and controlling restaurant costs. Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. Let’s get started.
Modern Restaurant Management
AUGUST 27, 2024
By the time you manage inventory, staffing, customer demand and narrow profit margins, the last thing you want to think about is the IRS. Restaurants, like other cash-intensive businesses, are a frequently targeted for audits by the IRS. Operating a restaurant is not easy. This allows the auditor to verify the expenses.
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