How Do You Categorize Restaurant Expenses

Opening a restaurant is a costly endeavor, and successfully running a restaurant requires strict attention to your restaurant expenses to control costs and increase efficiencies. Few restaurants can get by with paper, pencil, and a stack of excel sheets for manual data entry. Such restaurants miss out on the opportunity to reduce expenses and increase profits by gathering needed insights for operational changes. These insights stem directly from a modern accounting system that systematically labels restaurant expenses, highlights pricing and spending trends, offers comparative industry data, and empowers proactive operations management through continued education.

Social Handles:

Chapters:
00:00 Intro
01:54 Major Categories of Restaurant Expenses
02:43 Restaurant Sales (Gross vs. Net)
03:18 Restaurant Cost of Goods
03:36 Restaurant Labor Expenses
04:17 Restaurant Occupancy Expenses
04:35 How Software Makes Restaurant Expense Management Easier
06:18 How Expense Management Can Assist Restaurant Profitability
07:07 Restaurant Expense Trend Analysis
08:43 Selecting the Right Restaurant Expense Management Software

#RASI
#FocusOnFoodNotFinances
#restaurantaccounting
#restaurantaccountingservices
#restaurantaccountingsoftware
#restaurantpurchasing
#restaurantpurchasingprogram
#restaurantbudgets
#restaurantbudgeting
#foodcosting
#menuengineering
#restaurantoperations
#restaurantpayroll
#restaurantHR
#restaurantcompliance
#restaurantconsulting
#restaurantinventorymanagement
#openingarestaurant
#restaurantstartup