Finance http://restaurant-hospitality.com/taxonomy/term/6608/more en Are you paying too much for credit card processing? http://restaurant-hospitality.com/finance/are-you-paying-too-much-credit-card-processing <div class="field-byline"> Suneera Madhani </div> <div class="field-deck"> The answer, probably, is yes. Here’s how you can—and should—take steps to lower your rates. </div> <div class="node-body article-body">Many restaurant operators are over-paying for credit and debit card processing fees. Here are the ways to lower this expense.</div> <p><a href="http://restaurant-hospitality.com/finance/are-you-paying-too-much-credit-card-processing" target="_blank">read more</a></p> http://restaurant-hospitality.com/finance/are-you-paying-too-much-credit-card-processing#comments Finance Mon, 25 Jul 2016 15:00:00 +0000 56101 at http://restaurant-hospitality.com <p>Every restaurant owner knows that those little fees add up quickly.</p> Thinkstock 3 steps to get ready for a sale http://restaurant-hospitality.com/finance/3-steps-get-ready-sale <div class="field-byline"> Mel Jones </div> <div class="field-deck"> Every restaurant owner decides to sell the business at some point. These three strategies will help ensure top dollar. </div> <div class="node-body article-body">Every restaurant owner decides to sell the business at some point. These three strategies will help ensure top dollar.</div> <p><a href="http://restaurant-hospitality.com/finance/3-steps-get-ready-sale" target="_blank">read more</a></p> http://restaurant-hospitality.com/finance/3-steps-get-ready-sale#comments Finance Wed, 06 Jul 2016 13:45:00 +0000 55641 at http://restaurant-hospitality.com <p>In preparing for a sale, make sure your books are in top shape.</p> Thinkstock Update: food cost climate continues to improve http://restaurant-hospitality.com/food-trends/update-food-cost-climate-continues-improve <div class="field-deck"> Now might be a good time to stock up on some pricey ingredients. </div> <div class="node-body article-body">Earlier forecasts that predicted highly favorable wholesale food pricing throughout 2016 may have understated the case.</div> <p><a href="http://restaurant-hospitality.com/food-trends/update-food-cost-climate-continues-improve" target="_blank">read more</a></p> http://restaurant-hospitality.com/food-trends/update-food-cost-climate-continues-improve#comments Food Trends Finance Mon, 27 Jun 2016 14:30:00 +0000 55511 at http://restaurant-hospitality.com <p>Good news for pizza sellers: The price of cheese is expected to drop six percent this year.</p> Getty Images 5 moves to cut costs without trimming labor http://restaurant-hospitality.com/finance/5-moves-cut-costs-without-trimming-labor <div class="field-byline"> David Scott Peters </div> <div class="field-deck"> All those little expenses add up to lost profit. Here’s how to rein some of them in. </div> <div class="node-body article-body">Restaurants incur many operating expenses that cut into profits. Here’s how to rein some of them in.</div> <p><a href="http://restaurant-hospitality.com/finance/5-moves-cut-costs-without-trimming-labor" target="_blank">read more</a></p> http://restaurant-hospitality.com/finance/5-moves-cut-costs-without-trimming-labor#comments Finance Tue, 31 May 2016 14:01:00 +0000 54951 at http://restaurant-hospitality.com <p>Credit card processing fees are just one of many expenses that operators should scrutinize.</p> Have you checked your profits lately? Part 2 http://restaurant-hospitality.com/blog/have-you-checked-your-profits-lately-part-2 <div class="node-body blog-body">How to stay busy with catering jobs year-round</div> <p><a href="http://restaurant-hospitality.com/blog/have-you-checked-your-profits-lately-part-2" target="_blank">read more</a></p> http://restaurant-hospitality.com/blog/have-you-checked-your-profits-lately-part-2#comments Blogs Finance The Dish on Catering Tue, 26 Apr 2016 14:55:00 +0000 53871 at http://restaurant-hospitality.com 9 things to know about business credit http://restaurant-hospitality.com/finance/9-things-know-about-business-credit <div class="field-deck"> Used correctly, business credit is one of your greatest assets. Here's how to make sure your credit keeps working for you. </div> <div class="node-body article-body">Used correctly, business credit is one of your restaurant's greatest assets. Here's how to make sure your credit keeps working for you. </div> <p><a href="http://restaurant-hospitality.com/finance/9-things-know-about-business-credit" target="_blank">read more</a></p> http://restaurant-hospitality.com/finance/9-things-know-about-business-credit#comments Finance Mon, 25 Apr 2016 15:09:00 +0000 53821 at http://restaurant-hospitality.com <p>Following a handful of good practices will keep help maintain healthy credit.</p> Thinkstock Have you checked your profits lately? Part 1 http://restaurant-hospitality.com/blog/have-you-checked-your-profits-lately-part-1 <div class="node-body blog-body">How to train your catering staff to be profit conscious.</div> <p><a href="http://restaurant-hospitality.com/blog/have-you-checked-your-profits-lately-part-1" target="_blank">read more</a></p> http://restaurant-hospitality.com/blog/have-you-checked-your-profits-lately-part-1#comments Blogs Finance The Dish on Catering Mon, 11 Apr 2016 15:22:00 +0000 53361 at http://restaurant-hospitality.com 3 ways to reduce labor costs http://restaurant-hospitality.com/finance/3-ways-reduce-labor-costs <div class="field-byline"> By David Scott Peters </div> <div class="field-deck"> Scheduling the right number of employees for a given shift can be tricky, but these steps can help you make the most of your labor and protect your profits. </div> <div class="node-body article-body">Here are the top three changes to make now to control your costs and maximize your restaurant's profitability.</div> <p><a href="http://restaurant-hospitality.com/finance/3-ways-reduce-labor-costs" target="_blank">read more</a></p> http://restaurant-hospitality.com/finance/3-ways-reduce-labor-costs#comments Finance Mon, 11 Apr 2016 14:54:00 +0000 53341 at http://restaurant-hospitality.com <p>Your POS system is an important tool for tracking labor costs.</p> Thinkstock California lawmakers approve $15 minimum wage http://restaurant-hospitality.com/hrlegal/california-lawmakers-approve-15-minimum-wage <div class="field-deck"> New York lawmakers announce similar negotiated deal </div> <div class="node-body article-body">New York lawmakers announce similar negotiated deal</div> <p><a href="http://restaurant-hospitality.com/hrlegal/california-lawmakers-approve-15-minimum-wage" target="_blank">read more</a></p> http://restaurant-hospitality.com/hrlegal/california-lawmakers-approve-15-minimum-wage#comments H.R./Legal Trends Finance Fri, 01 Apr 2016 14:03:00 +0000 53161 at http://restaurant-hospitality.com Thinkstock Roscoe’s soul food restaurants seeking Chapter 11 protection http://restaurant-hospitality.com/finance/roscoe-s-soul-food-restaurants-seeking-chapter-11-protection <div class="field-deck"> A discrimination judgment against the seven-unit SoCal chicken and waffles chain is likely a factor in the filing. </div> <div class="node-body article-body">A discrimination judgment against the seven-unit SoCal chicken and waffles chain is likely a factor in the filing.</div> <p><a href="http://restaurant-hospitality.com/finance/roscoe-s-soul-food-restaurants-seeking-chapter-11-protection" target="_blank">read more</a></p> http://restaurant-hospitality.com/finance/roscoe-s-soul-food-restaurants-seeking-chapter-11-protection#comments Finance Fri, 01 Apr 2016 13:33:00 +0000 53151 at http://restaurant-hospitality.com <p>Long Beach native rapper/actor Snoop Dogg offered to rescue the beloved restaurants when he heard about the bankruptcy filing.</p> Getty Images