Archive
Tag: restaurant accounting
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5 Things to Know Before Working with a Restaurant Accountant
A lot of restaurant owners feel like they don't know what's going on with their restaurant accounting and feel beholden to follow what their restaurant accountants say. Here are five things you need to understand before working with a restaurant accountant to avoid creating an accounting nightmare.
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9 Restaurant Numbers to Know to Be Successful
Running a restaurant by the numbers can be a challenge if you don't know what numbers you need to know in the first place. Three without thinking are food cost, labor cost and profit loss. Along with those, here are the most important restaurant numbers to know to be successful.
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How to Make Restaurant Accounting Easier
Restaurant accounting is a challenge. No matter if you're doing it yourself, or you're farming it out, most of the numbers and reports you have are worthless when it comes to running your business. You deserve more. Watch this to learn how to make restaurant accounting easier.
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Top 10 Restaurant Accounting Terms You Need to Know
Does looking at your restaurant financial statements give you a headache? Do you ever wonder what some of the terms your accountant throws at you mean? Let's cover the top 10 restaurant accounting terms you need to know as a restaurant operator.
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How to Manage Restaurant Accounting
Many restaurant owners fall into the trap of trying to do everything themselves, including bookkeeping and payroll. While you might be saving hundreds of dollars each month, you're probably losing thousands in operating expenses? Let’s talk about how to manage restaurant accounting.
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How to Understand Restaurant Accounting without Being an Accountant
Restaurant accounting can throw you for a real loop, but you can learn it well enough to understand the fundamentals, enough to use them to run your business. Let's break down restaurant accounting to make it work for you.
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Restaurant Accounting Chart of Accounts
Let’s look at how restaurant accounting chart of accounts can change how you look at your profit and loss statement and how that benefits your restaurant business.
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Restaurant Financial Reports Independent Owners Misunderstand
Do you look at your profit and loss statement only to see if you made or lost money the past month? Do you struggle actually knowing what goes into each line item? Let's change that and talk about three important restaurant financial reports independent owners often misunderstand.
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Restaurant Accounting Tips to Build Cash Flow and Security
Restaurant accounting requires a special touch. In this latest episode of The Restaurant Prosperity Formula, tune in to hear Anne Gannon, CPA, and I talk restaurant accounting tips, restaurant cash flow planning and so much more.
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Running a Restaurant to Have Cash Flow During a Pandemic
Many of you know exactly the panic you experienced in week three of this pandemic when the cash was gone and the pivot hadn’t come or hadn’t generated sales yet. Let's talk about cash flow and how to make a plan for it.