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How to Write a Restaurant Business Plan [with Sample]

7 Shifts

Download now. The management team. Management team. You may want to list out: Team Management. Inventory management systems. Task management tools. Manager Log Books. Got supporting financial documents, like projected cash flow and a projected income statement? Download now.

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Owning a Bar: Everything You Need to Know

7 Shifts

Funding : Options include family and friends, the bank, and outside investors Restaurant Business Plan Template Start creating you restaurant business plan with our free PDF template Download now 3. Specialty bars focus on a particular type of drink or theme, such as wine bars or cigar bars, but can be much more expensive to manage.

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10 Cash Flow Management Best Practices for Restaurants

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No matter the size of your restaurant, one truth remains: cash flow is king. Restaurant cash flow management is the lifeblood of your business. Yet, while most small business owners know this truth, many still struggle with basic cash flow definitions, fundamentals, and management strategies that actually maximize benefits.

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Seven Traits of Successful Restaurant Owners and Managers

7 Shifts

This process includes focusing on your daily finances , such as cash flow, payroll, and inventory. Invest in Technology Accounting and inventory management software are just a couple of the technologies that small business owners should invest in. Or check out how 7shifts optimizes your restaurants labour management.

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Time Theft Guide: How to Spot it and How to Stop It

7 Shifts

Food, alcohol, and cash are common victims of theft—but business owners have to look beyond physical goods. By understanding the ways it can occur, business owners or managers have a much higher chance of identifying it before it racks up a hefty bill. Recommended Download: Free Restaurant Labor Cost Calculator Template.

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How to Drastically Cut Expenses in Your Restaurant (and Stay Profitable During COVID-19)

7 Shifts

Download all the data from your restaurant POS or back-office management platform to get a sense of how your restaurant is operating today. Your vendors – Lastly, reach out to your vendors, from your POS provider to your friendly neighborhood labor management platform.

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What Restaurant Employees Really Need to Feel Engaged at Work

7 Shifts

Visit our page to download the full report , which features insights from 1500 active restaurant employees and industry experts. How operators can better engage their employees More recognition from management Even the most self-motivated among us enjoy recognition for hard work, and restaurant employees are no exception.