Inventory management enables restaurants to track existing product levels (food, supplies, etc.), and also know when to reorder. And it’s certainly one of the more “tricky” aspects of day-to-day restaurant management. Managing restaurant inventory is the ultimate balancing act; your business requires a base level of ingredients and supplies to account for regular operations, but not too much.

Read the full Blog Post: https://rasiusa.com/blog/how-do-successful-restaurants-manage-inventory/

Watch the Quick Snippet Video: https://youtu.be/OUT0DOcFp34

Social Handles:

RASI Instagram: https://www.instagram.com/rasinc__/

RASI Twitter: https://twitter.com/RASInc_RASI

Facebook: https://www.facebook.com/RestaurantAccountingServicesInc

RASI LinkedIn: https://www.linkedin.com/company/restaurant-accounting-services-inc-rasi

If you own a restaurant, you’re aware of how hectic it was just getting up and running. And if you’ve already acquired food & beverage licenses and permits, you know how daunting the process can be.

Getting all of your restaurant permits and licenses in order is no easy task. Plus, it’s rarely a one-and-done scenario; thanks to ever-changing regulations, renewals (or, many times, entirely new licenses) which are required to keep your restaurant running at full capacity.

To assist your process in getting the licenses and permits needed to open and run a restaurant  we put together this fact-filled guide to help your restaurant navigate the often tricky waters in acquiring them.

Read the full Blog Post: https://rasiusa.com/blog/restaurant-permits-licenses-needed-to-open-a-restaurant/

Watch the Quick Snippet Video: https://www.youtube.com/watch?v=EePzH0zkspg

Social Handles:

RASI Instagram: https://www.instagram.com/rasinc__/

RASI Twitter: https://twitter.com/RASInc_RASI

Facebook: https://www.facebook.com/RestaurantAccountingServicesInc

RASI LinkedIn: https://www.linkedin.com/company/restaurant-accounting-services-inc-rasi

Every restaurant operator has a multitude of responsibilities. From profit optimization to menu engineering, there’s never a shortage of factors to contend with.  

Thanks to recent spikes in inflation and rising costs, food cost percentage is suddenly back as a hot topic — and for good reason. By even the most conservative estimates, food costs have spiked around 20% for some restaurants – even more in big cities, resort towns, and other high-demand establishments. 

If your restaurant is struggling with keeping operations afloat while keeping pace with ever-increasing menu ingredients expenses, understanding how to calculate food costs is critical. In this podcast, we will take a look at the importance of food cost percentage, different variables that impact your overall cost structure, how to calculate food costs, and more.

Read the full Blog Post: https://rasiusa.com/blog/how-to-calculate-food-cost/

Watch the Quick Snippet Video: https://www.youtube.com/watch?v=9o1lcPhPUMc

Social Handles:

RASI Instagram: https://www.instagram.com/rasinc__/

RASI Twitter: https://twitter.com/RASInc_RASI

Facebook: https://www.facebook.com/RestaurantAccountingServicesInc

RASI LinkedIn: https://www.linkedin.com/company/restaurant-accounting-services-inc-rasi

If you manage a restaurant, you already know how important shift scheduling is. But are your shift schedules working in the best interest of your staff and entire restaurant? Given the unique demands of scheduling shifts – after all, less than half of U.S. restaurant workers are full-time employees – it helps to understand how this underrated aspect of managing your restaurant can make or break your operation.

RASI’s complete restaurant accounting services help support your shift scheduling tasks, thanks to an innovative data analytics platform that provides timely information so you can make the best possible shift schedules.

Read the full Blog Post: https://rasiusa.com/blog/shift-schedules-a-complete-guide/

Watch the Quick Snippet Video: https://www.youtube.com/watch?v=wquYDBibesY

Social Handles:

RASI Instagram: https://www.instagram.com/rasinc__/

RASI Twitter: https://twitter.com/RASInc_RASI

Facebook: https://www.facebook.com/RestaurantAccountingServicesInc

RASI LinkedIn: https://www.linkedin.com/company/restaurant-accounting-services-inc-rasi

The recipe for a great restaurant manager starts with this foundation: managing restaurant staff. Whether you're thinking about accepting a promotion to a management position, or if you're already a manager and would like to learn innovative ways on how to manage restaurant staff, the following restaurant management tips can help anyone lead, inspire, and ensure the entire operation runs efficiently.

While some restaurant employee management skills come with experience, others are a bit more nuanced. Take restaurant staff management support, for instance. Even the best managers can't do it alone; they require an intuitive, forward-thinking structure around them, especially with issues related to accounting, compliance, and the rest.

Read the full Blog Post: https://rasiusa.com/blog/how-to-manage-restaurant-staff/

Watch the Quick Snippet Video: https://youtu.be/_jIWZ1XblSU

Social Handles:

RASI Instagram: https://www.instagram.com/rasinc__/

RASI Twitter: https://twitter.com/RASInc_RASI

Facebook: https://www.facebook.com/RestaurantAccountingServicesInc

RASI LinkedIn: https://www.linkedin.com/company/restaurant-accounting-services-inc-rasi

Every well run organization starts at the top. Sometimes, managers are brought in from another restaurant. And more often than you think, regular employees are promoted to manager.

Read the full Blog Post: https://rasiusa.com/blog/5-important-restaurant-management-skills/

Watch the Quick Snippet Video: https://www.youtube.com/watch?v=bi8R5Dcr8XI

Social Handles:

RASI Instagram: https://www.instagram.com/rasinc__/

RASI Twitter: https://twitter.com/RASInc_RASI

Facebook: https://www.facebook.com/RestaurantAccountingServicesInc

RASI LinkedIn: https://www.linkedin.com/company/restaurant-accounting-services-inc-rasi

The SBA is set to award an added $180 million in unspent funds allocated for the Restaurant Revitalization Fund (RRF) back in 2021. This is not an infusion of funds into the RRF currently; in fact, a new law was introduced and passed by the House of Representatives to replenish the RRF with more than $40 billion, but it did not pass the Senate (See June 2022 update below).

It is not clear how, when, or to whom these RRF grants will be issued, so do not throw away any correspondence from the SBA because you may be one of the lucky stores to receive an extremely late RRF grant!

As we learn more from the SBA about the Restaurant Revitalization Fund (RRF) and any updates surrounding it, we will continue to make updates on the blog post and right here on The Tip Share!

Read the full Blog Post: https://rasiusa.com/blog/restaurant-revitalization-fund-updates/

Watch the Quick Snippet Video: https://youtu.be/cGppdFKGsuI

Social Handles:

RASI Instagram: https://www.instagram.com/rasinc__/

RASI Twitter: https://twitter.com/RASInc_RASI

Facebook: https://www.facebook.com/RestaurantAccountingServicesInc

RASI LinkedIn: https://www.linkedin.com/company/restaurant-accounting-services-inc-rasi

Getting a restaurant up and running is a challenge. Keeping a single establishment or franchise profitable over months and years is even more so. What separates the restaurants that quickly fail from those that have been established for an extended period?

You could argue – and we’d certainly agree – that taking advantage of a restaurant accounting software and service is the most significant single factor determining long-term success. As the leader in automated, expert accounting for the restaurant industry, RASI has put together an ultimate guide on restaurant accounting as an educational resource for you:

Read the full Blog Post: https://rasiusa.com/blog/restaurant-accounting-complete-guide

Watch the Quick Snippet Video: https://youtu.be/LC0y4B5eDWM

Social Handles:

RASI Instagram: https://www.instagram.com/rasinc__/

RASI Twitter: https://twitter.com/RASInc_RASI

Facebook: https://www.facebook.com/RestaurantAccountingServicesInc

RASI LinkedIn: https://www.linkedin.com/company/restaurant-accounting-services-inc-rasi

Do you know everything about your restaurant assets? Not just what they are, but how your restaurant's assets interact with other critical elements of that indispensable, indisputably important financial report, the balance sheet? Throughout this episode, we’ll dive into our all-in-one resource on restaurant assets – we'll cover:

Read the full Blog Post: https://rasiusa.com/blog/restaurant-assets-everything-you-need-to-know

Watch the Quick Snippet Video: https://youtu.be/SFvLnvfNAzQ

Social Handles:

RASI Instagram: https://www.instagram.com/rasinc__/

RASI Twitter: https://twitter.com/RASInc_RASI

Facebook: https://www.facebook.com/RestaurantAccountingServicesInc

RASI LinkedIn: https://www.linkedin.com/company/restaurant-accounting-services-inc-rasi

Many operators don’t fully understand how to read a restaurant's Profit and Loss Statement (P&L). In fact, many don’t even have a basic understanding of where the data is coming from. Furthermore, how to interpret the data into actionable insights.  

It’s critical for the financial health of all restaurants that those who are making scheduling decisions, buying decisions, etc. fully comprehend how to read an income statement. It’s even more important that they can utilize the knowledge behind what goes into the P&L.

Read the full Blog Post: https://rasiusa.com/blog/easy-tips-how-to-read-a-restaurant-profit-and-loss-statement-pl/

Watch the Quick Snippet Video: https://youtu.be/25cQdFDASPs

Social Handles:

RASI Instagram: https://www.instagram.com/rasinc__/

RASI Twitter: https://twitter.com/RASInc_RASI

Facebook: https://www.facebook.com/RestaurantAccountingServicesInc

RASI LinkedIn: https://www.linkedin.com/company/restaurant-accounting-services-inc-rasi