It’s commonplace for customers to tip hospitality workers, and a way of splitting those tips – tip pooling, tip sharing, or tipping out – often go together. Tip sharing is a way for everyone who adds to the customer’s experience to reap the reward for great service, and it’s become more common for the employer […]
Bookkeeping is the most important part of running a profitable business. If you don’t know how much money you’re making or where it’s going, you can’t make wise financial choices or help your business grow.
Rewarding and encouraging sales activities is the most common reason for commissions and bonuses. More companies every day are turning to variable pay to show their employees appreciation and retain top talent.
Restaurants across the U.S. embraced technology as a solution to COVID-19 concerns, and it’s continuing to shape the industry and lead to financial recovery for many restaurant owners. QSR Magazine reported 89.6 percent of restaurants offered takeout and 81.9 percent had delivery as an option, a third of which used three or more delivery apps.
As a restaurant owner, what are the top two biggest expenses for your business? Food and labor. And what are the two most time-consuming and critically important tasks for your restaurant? Managing inventory and payroll.
Let’s face it, as an employee who works in the back office, your desk can look like utter chaos! You may have a system to the madness, but your organization and the “clutter” can negatively influence your subconscious.
The Paycheck Protection Program (PPP) authorizes $350 billion in forgivable loans to small businesses, including restaurants that employ less than 500 employees at one location, due to the COVID-19 crisis.
Navrae has partnered with Valiant Solutions, Inc. to provide a payroll solution as a managed service for you!