What are the Key Restaurant Accounting Terms I Should Know? Part 2

Understand Important Concepts in the Food Service Industry Starting a new restaurant or bar from scratch can be fraught with complications. The issues you face range from securing the necessary capital and employees to completing the build-out of your space in anything close to your original time frame and budget. This is especially true if …

What are the Key Restaurant Accounting Terms I Should Know? Part 1

Understand the Crucial Concepts to Bolster Your Business You got into the restaurant business because you love food, not because you wanted to spend all of your time pouring over spreadsheets and learning about restaurant accounting practices. But you also know how vital it is to have your books and numbers in tip-top shape at …