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.
Labor cost is something every restaurant owner tries to control since it can directly affect your profit.
A general ledger represents the record-keeping system to sort, store, and summarize a company’s transactions. These transactions are sorted by type of accounts and used to prepare the companies financial statements.
In today’s fast paced world, you need a cloud based accounting system that will allow you to access and manage information on the go.
Your restaurant’s cybersecurity is likely not something you think about often, but it’s now one of the biggest risk factors to your reputation and bottom line.
Outsourced restaurant accounting can be a big deal for your business depending on where your restaurant’s growth, revenue, or cost reduction is found.