A vibrant illustration of a restaurant kitchen with chefs and a manager using an IMS tablet.

Restaurant Inventory Management Best Practices for 2024

Master restaurant inventory management in 2024 with these expert best practices, from implementing inventory management systems (IMS) and FIFO methods to optimizing supplier relationships and reducing food waste, to boost profitability and efficiency.

Read More

A colorful block illustration of a busy restaurant with the word "Budgeting" in a thought bubble.

Restaurant Budgeting Guide: Keep Your Restaurant Financially Healthy

Learn how to create a thriving restaurant budget by mastering key expenses, following a step-by-step guide, leveraging technology, and understanding industry benchmarks, all with expert CPA advice.

Read More

Block illustration of a restaurant with bookkeeping icons, representing the importance of financial management.

10 Common Mistakes in Restaurant Bookkeeping and How to Avoid Them

Invest in professional bookkeeping for restaurant success and profitability.

Read More

Block illustration of a thriving restaurant with a CPA assisting the owner.

Restaurant CPAs: Your Secret Ingredient to Success

Choose a CPA with restaurant industry experience and a comprehensive range of services.

Read More

What is benchmarking restaurants?

Restaurant Benchmarking: A Guide to Boosting Your Performance and Profitability

In the competitive world of restaurants, staying ahead means constantly evaluating and improving your business. Restaurant benchmarking is a powerful tool that uses data to measure your performance against industry standards and competitors. By understanding where you stand, you can make informed decisions to grow your restaurant. In this guide, we'll explore the essential aspects…

Read More

Block illustration of a busy restaurant with staff working efficiently.

Optimizing Your Restaurant’s Labor Costs: Real-World Strategies for Success

Monitor labor costs, control overtime, and use sales forecasts for scheduling.

Read More

A vibrant block illustration of a busy restaurant, highlighting key elements of operations management.

Restaurant Operations Management: A CPA’s Guide to Success

This comprehensive guide from a CPA at XOA TAX provides expert insights into restaurant operations management, covering crucial financial aspects, tax implications, and strategies for success.

Read More

A stylized block illustration depicting the various components of a restaurant P&L statement.

Restaurant Profit and Loss Statement: A Complete Guide

Running a restaurant is a thrilling but demanding endeavor. Between managing staff, keeping your menu fresh, and ensuring every customer has a memorable experience, it's easy to get caught up in the day-to-day whirlwind. But amidst the controlled chaos, it's crucial to keep a close eye on your financial health. That's where your Profit and…

Read More

Ink illustration of a hand writing a restaurant menu surrounded by detailed drawings of ingredients and their costs, emphasizing the connection between menu planning and COGS.

Stop the Bleeding! Slash Food Costs & Skyrocket Restaurant Profits

Monitor portion sizes, negotiate with suppliers, and reduce food waste to lower COGS.

Read More

average restaurant profit margin

Maximize Restaurant Profit Margin in 2024: A Data-Driven Guide

Running a restaurant is a thrilling but challenging endeavor. The clatter of dishes, the sizzle of the grill, the satisfied sighs of happy customers – these are the sounds of a dream realized. But amidst the controlled chaos of service, are you keeping a close eye on your bottom line? In the competitive restaurant industry,…

Read More

Do you wish to continue with the call?

Please provide your phone number and we will contact you within 2 hours

You have successfully submitted your phone number

Please provide your phone number and we will contact you within 2 hours

You have successfully submitted your phone number