It’s no secret that costs are rising for just about every industry these days. The restaurant industry in particular is facing increasing financial pressure due to a variety of factors. The recent bird flu outbreak has led to shortages of egg and chicken supplies, causing a steep rise in prices

Last updated on February 7th, 2025Despite some controversy, the minimum wage for tipped employees in New York State remains in place as of early 2025, with wage rates increasing from last year. Beginning January 1, 2025, the minimum wage rate for tipped food-service workers increased from $10.65 to $11.00 per

In the blink of an eye, it will be September and there will be just four months left in 2024 to maximize tax credits and deductions for your business. Here are some questions you may want to think about to make the most of the time left in 2024. Have

Last updated on July 23rd, 2024From enhancing customer experience to streamlining operations, technology has become a competitive game-changer. Here are more than 20 ways technology, software and apps are promoting productivity, saving money, or improving service in the restaurant sector. Automated invoicing and inventory systems connect with your POS and

Forecasting, tracking, and managing food costs, labor costs, and operation costs helps foster strong financial management during the best of times. These actions take on a whole other level of importance during the uncertain times we’re navigating today. With food prices up 25% since 2020 and labor costs up an

Last updated on May 3rd, 2024Several states have already done away with tip credit for food service workers, and more are exploring the option, including New York. While the debate continues about whether this is a positive or a negative for restaurants and employees, New York has moved ahead with

From delivery drones and burger flipping robots…to AI powered drive thru service, phone answering technologies, and online reservations…to integrated inventory, ordering and point of service systems, food delivery apps and more, restaurants are being bombarded with a variety of technology solutions that they purportedly need to survive and thrive. While

Running a family-owned restaurant is often a labor of love, with each generation imparting their unique flavor to the business. However, to ensure that your legacy – and the impact it can have on loved ones and assets (including your restaurant) – plays out according to your wishes, it is