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Don’t Get Burned By The IRS – Tax Tips for Restaurant Owners

Modern Restaurant Management

For example, if a fast-food restaurant is purchasing 16,000 chicken breasts per month for chicken sandwiches, but only reporting sales income equivalent to 8,000 chicken sandwich sales per month, that will be a red flag for the IRS that income underreporting may be an issue. This allows the auditor to verify the expenses.

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Everything You Need To Know About the Increasing Role of AI in Restaurants

Modern Restaurant Management

AI Assistants : Conversational AI can assist customers in communicating with restaurant systems for booking a table, adding a guest to a waitlist, ordering meals, or even answering common questions like ‘do you have vegan food as well?’ Today, AI is accessible to everyone, and there are smaller ways to use it to your advantage.

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2025 F&B Trends: Newstalgia, Stealth Health, and Botanical Beverages

Modern Restaurant Management

Top Purchases For 2024’s Most Memorable Moments Serving Looks : After weeks of watching the pros at the US Open, consumers felt inspired to hit the courts themselves. A-Peeling Purchase : This year, we uncovered that a consumer placed a.53 Most & Least Expensive Orders (spoiler alert: not what you would expect!)

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Virtual Acceleration, Raising the Bar and Insult Monitor

Modern Restaurant Management

. “As we continue to expand our multi-channel strategy, we know customers, particularly independent restaurants, increasingly use cash and carry as a convenient, cost-effective purchasing option,” said US Foods chairman and CEO Pietro Satriano. reducing to approximately 3.0x by the end of fiscal 2021.

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Redefining ‘Dine and Dash’ and Review Hub

Modern Restaurant Management

launched two new products designed to help businesses with multiple locations better reach and understand consumers at every phase of the purchase cycle. And when a restaurant owner leaves personalized responses to reviews, over three-quarters (77%) of respondents said they were more likely to book as a result. Chicago), ?State

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Ghost Kitchen Franchise and Pandemic Resources

Modern Restaurant Management

What friction points are blocking purchases and further engagement? LibDib unveiled the industry’s first mobile app allowing restaurants, bars and retailers to purchase small-batch wine and spirits from their distributor. Licensed buyers can purchase wine and spirits directly from their mobile device. LibDib Mobile.

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Make it This Winter and Step Up To The Table

Modern Restaurant Management

The impact has ignited a ripple effect on social media with industry leaders and individuals alike unifying with one simple message and a friendly challenge: to purchase gift cards or a meal to their favorite restaurant. by 2022 through Starbucks first supply chain Virtual Power Purchase Agreement with a solar farm in Virginia.