PABS
Ho Ho Ho! The holiday season is right around the corner. While the holidays bring a very merry and joyous time of the year, you can also feel quite stressed with accounting backlogs and unprepared books. Well, it’s the busiest time of the year as you have to prepare for year-end financials. But are your […]
What’s the secret key to knowing your restaurant is thriving? When your tables are booked every night with guests on the waiting list Your business listings are filled with positive reviews and 5-star ratings. Your staff wears a smile of job satisfaction… Yes, these telltale signs signal that you’re running a healthy business. But what’s […]
Running the day-to-day operations of a restaurant is already a hectic job, but when you sit down to crunch numbers, things can start to feel very overwhelming. Restaurant accounting is critical to a successful business, but is often overlooked (or avoided) due to the difficulty in tracking and interpreting all those numbers. Fortunately, there are […]
Many people think that accounting is just accounting, but it can differ a bit from industry to industry. Restaurant accounting uses many of the same methods that are used in other types of businesses, but there are some nuances. Let’s take a look. Accounting Methods In the restaurant industry, you can use either the cash […]
There has been a labor shortage in the United States since 2021. There are many interconnected reasons this shortage is happening. While it will eventually ease, now is an excellent opportunity to reevaluate your business’s relationship with outsourcing. It will help alleviate the effect of the Great Resignation on your business in the short term, […]
Small business owners wear a lot of hats. You are an employee, stakeholder, manager, jack-of-all-trades, as well as owner. The last two years even added more challenges. You had to handle mask mandates, shutdowns, and remote work. If you’ve never dealt with remote work before, “cloud hosting” might be a term you’ve heard of but […]
Opening a new restaurant is always considered a risk, but it seems especially daunting in the wake of the pandemic. There are many startup costs, from leasing fees and new equipment to staff and supplies. With that said, it’s good to have a solid financial plan from the start. Here are just a few strategies […]
