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Daily Expense Tracker

Daily Expense Tracker

Daily Expense Tracker | RestaurantMgmt101.com The DET will tell you daily: How Much Money You’ve Spent In Each Category How Much Money You Have Left To Spend To Meet Your Budget Automatically Adjusts To Your Actual Sales Now you will know precisely how well you are meeting your budget. Restaurant expenses must be controlled on […]

Food Cost 101

Food Cost 101

Food Cost 101 | RestaurantMgmt101.com Food Cost 101 is a Coaching Workshop. In this workshop, you will learn, and learn to control, the many variables that make up your food cost. In this workshop, you will learn: • The Variables: what they are and how each one affects your bottom-line profit • Effective Food Cost […]

Should Employees Be Allowed To Drink Where They Work

Should Employees Be Allowed To Drink Where They Work

If you own or manage a restaurant that serves alcoholic beverages, there are two questions that you should be asking yourself. Should I allow my employees to have a shift drink? Should I allow my employees to drink in the restaurant while not on duty? Many restaurants adopt the concept that allows employees to do […]

Custom-Created Restaurant Forms

Custom-Created Restaurant Forms

RestaurantMgmt101.com has many generic restaurant forms available for any restaurant to use. However, we also customize most of the available forms to the specific needs of your restaurant.  Any form that we’ve published can be customized. Also, if you need a form that we haven’t published yet, let us know what you need and most […]

Stopping Food Theft Dead in It’s Tracks

Stopping Food Theft Dead in It’s Tracks

FOOD THEFT When someone in the restaurant industry starts talking about theft, my mind immediately wanders to the subject near and not so dear to all of our hearts, food cost. Food cost is usually the number one problem with controllable costs that we all experience from time to time in our restaurants. Once you […]

The Food Cost Dirty Dozen

The Food Cost Dirty Dozen

The Food Cost Dirty Dozen is a checklist of twelve items that will destroy your food cost. No matter what your restaurant concept might be: fast food, quick casual, casual dining, full service, or fine dining, an out-of-line food cost will destroy your business. Compare your restaurant’s operations to the Food Cost Dirty Dozen(tm) checklist. […]

Restaurant Specific Tax Compliance Agreements

Restaurant Specific Tax Compliance Agreements

Voluntary Compliance Agreements-Restaurant Tax Tips Employees must report tip income on a form 4070 (employee’s report of tip income to employer), or on a similar statement. Tip income includes direct tips (tips employees collected from guests) and indirect tips (tips given to them from employer off of credit cards).  The only time an employee does […]

Top 10 Food Cost Best Practices

Top 10 Food Cost Best Practices

There’s a lot to talk about when it comes to food cost in your restaurant. Here, we give you some helpful tips to control your restaurant food cost. Controlling food cost in your restaurant must be a top priority! Food cost is one of the largest Controllable Expenses in your operation.  If you’re not really sure […]

W-4 FORMS

W-4 FORMS

As an employer, it is your responsibility to make sure that a W-4 form (Employee Withholding Allowance Certificate), is filled out by every employee working for you. If an employee does not fill out a W-4 form you must withhold taxes from their wages at the highest rate. You will calculate this rate as though […]

You Need A Business Plan

You Need A Business Plan

Planning is a key attribute of a successful restaurant operation. Whether you operate an existing restaurant or are planning to open a new restaurant, you need a restaurant business plan. Why Write A Business Plan? A business plan is a written course of action. It is a precise set of pre-calculated financial results that your […]

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