Setting Prices in Your Restaurant Bar

By David Scott Peters Restaurant Tip of the Week Use your answers to set the prices Whether you are pricing a shot of liquor, a mixed drink, a bottle of beer, a glass of draft beer or a glass of [...]

Restaurant Budget is Key to Success

By David Scott Peters Restaurant Tip of the Week It all goes back to staying in budget Do you want to know why inventory turns are so important? Knowing your inventory turns will help you stay in [...]

Purchase Order Forms a Must in Restaurants

By David Scott Peters Restaurant Tip of the Week Use a purchase order form The purchase order form is used primarily for placing and receiving food and supply orders, but it can also be used for [...]

Determine Your Restaurant’s Inventory Turn

By David Scott Peters Restaurant Tip of the Week Inventory turn If a turn is the process of completely emptying your stocked shelves and restocking them, what about the items on your shelves that [...]

How to Gain an Edge in Food Service

By Greg McGuire Information is key to success in the food service industry. Restaurant owners and managers must navigate a complex and competitive world on the path to success. Not everyone makes [...]

Accrual Accounting for Restaurants

So, what is accrual accounting for restaurants? I advise all of my members – independent restaurant owners like you – to set up their businesses on an accrual accounting basis. [...]