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Guest Blog Post By Kristen Gramigna of BluePay Some consider mobile payments the wave of the future in many industries, and as a restaurant owner or manager, you may have taken notice. Mobile [...]

As a restaurant owner, your top priority for your restaurant is to be profitable. These are my unyielding words of advice for every independent restaurant owner who forgets all the people [...]

Why is a Budget So Important for your Restaurant Operations? Does the mere thought of writing a budget make your head spin and your heart beat with anxiety? Do you sit down to work on a budget [...]

By David Scott Peters Are you having trouble with labor costs and retention? Here are my top tips for managing employees: 1. How to hire your ideal employee. 2. How to retain good employees. 3. [...]

So, what is accrual accounting for restaurants? I advise all of my members – independent restaurant owners like you – to set up their businesses on an accrual accounting basis. [...]

By David Scott Peters Restaurant Tip of the Week Project your cash flow As the old adage goes, cash is king. You must find a balance between cash availability and cash needed. Projecting your [...]

Restaurant labor controls are your sure-fire way around the bases FAST To make money in the restaurant business, you have to hit a home run with your restaurant labor controls. Yes, the small [...]

By David Scott Peters Restaurant Tip of the Week Plan Your Cash Use Cash has become a scarce commodity for many restaurant operators. Paying bills becomes a juggling act; taking the money coming [...]

By David Scott Peters Erase Your Fear of Budgets Forever Does the mere thought of writing a budget make your head spin and your heart beat with anxiety? Do you sit down to start only to find [...]

By David Scott Peters Restaurant Tip of the Week Payback period The payback period is the number of years it takes to recover the initial investment and is calculated by counting the number of [...]