MarginEdge Blog

Now with the PPP funds making their way to our accounts, many of us are trying to figure out what the hell to do next.

The last few weeks have been quite a journey, but this week is the beginning of a new chapter. Some are finally coming to find out that the PPP loan is not a mystical fantasy, and funds are on the way.

Today, many restaurants are overdue for an upgrade in their operations. The upgrade solution lies in restaurant management software that streamlines routine invoice processing, replaces repetitive manual data entry and integrates with other systems like POS and accounting.

Restaurant inventory management is often a time sink, but it doesn’t have to be. For high impact at low cost, take frequent counts of a limited subset of your ingredients instead.

Creating recipes and setting your initial menu pricing is Restaurant 101. Managing what happens afterwards, when the rubber of your cost assumptions meets the road of real-world operations, is where it gets more complicated.

Everybody has a different reason for getting into the restaurant business, but shuffling paper and maintaining spreadsheets usually isn’t among them. Yet that is how much of a chef or restaurateur’s time is spent: manually entering invoices, taking inventory counts...