April 2019

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New Approaches to Restaurant Accounting

Today, every number from the POS system goes straight to a database, every bottle of liquor is counted, and counted again, and every cent of revenue is vital to the bottom line.


Chick-fil-a reports record revenue, profits up 5.7% in 2018

Chick-fil-A, Inc. filed its Franchise Disclosure Document (FDD) on March 31, 2018 and within that disclosure released its audited financial statements for the year ended December 31, 2018.


The Restaurant Industry: Consequences of a $15 Minimum Wage

By late 2024, the $15 minimum wage will be fait accompli in major metropolitan areas in the United States, with CPI inflators expanding wage increases into the future.