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The Ultimate Guide to Restaurant Costs

7 Shifts

Fixed costs include rent, mortgage, salaries, loan payments, license fees, and insurance premiums. Cost of goods sold is the raw material cost of your beverages and food, and labor cost includes actual labor, employee benefits, payroll taxes, healthcare, and bonuses. Construction and renovation costs differ by location and contractor.

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Texas Restaurant Workers Are Eligible for Free Child Care

EATER

The state’s Service Industry Recovery Child Care program launched in October of last year and promises a stipend that is paid directly to a child care provider of the parent’s choice, so long as that provider is licensed by the Texas Department of Family and Protective Services.

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MRM Franchise Feed: Modular Chicken and 2020 Year-End Results

Modern Restaurant Management

The brand likewise began licensing trademarked menu items – including Death by ChocolateÔ, Oh, Baby Back RibsÔ, and of course, the World Famous Monte Cristo – to other brands to generate incremental revenue. We can’t wait to build on this impressive momentum in 2021.”

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How to Create an Effective Restaurant Onboarding Process

7 Shifts

Compensation and benefits: Use this section to share information about employee benefits like paid time off, sick days, healthcare, and professional development opportunities. Share guidelines for reporting harassment, as well as repercussions for harassing coworkers and customers.

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MRM Franchise Feed: Opportunity is Barking and the Spirit of BBQ

Modern Restaurant Management

” The company already signed nine franchise licenses with three new franchisees. This year alone, PJ’s Coffee has signed on 31 new franchisees, representing a total of 52 units – including the nine Florida licenses. Our goal is to bring the coffee to them, so they can make every weekend feel like a vacation.”

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Tyga Bites and Sushi with an Attitude

Modern Restaurant Management

ECJ’s Food, Beverage and Hospitality Department attorneys advise food and beverage clients, startups and other businesses on a comprehensive range of issues, including employment, trade secrets, partnership disputes, contract negotiations, intellectual property, licensing and franchise disputes.

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The State of New York Restaurants in 2020

7 Shifts

Use a labor management tool like 7shifts to take the scheduling, overtime, and compliance costs out of your budget With restaurants spending roughly 30% of revenue on wages, overtime, payroll taxes, and healthcare costs, using a labor management system can help optimize your schedules to reduce overtime and other labor costs.

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