When you need more time to FOCUS on your customers, you need Scott and Company.
When you need an accounting firm that is FOCUSED on the unique needs of your industry, you need Scott and Company.
When you need a financial plan FOCUSED on your goals and dreams, you need Scott and Company.
Newsletter
Plan for Profitability with a Budget
Restaurant budgeting is crucial to the success of your business. Check out this video from The Restaurant Expert for a detailed look at why implementing a budget helps you plan for profitability. Be sure to talk with a Scott and Company Hospitality advisor for guidance on setting up a budget for your business. Why Restaurant Budgeting…
Thinking of Outsourcing Your Hotel Labor? Think Again.
One common method for cutting costs in the hospitality industry is to outsource a hotel’s staff. While this does generally result in cost savings, certain drawbacks may mean that outsourcing hotel labor is not the best choice, writes Larry Mogelonsky in a recent article for HospitalityNet. In what ways can outsourced labor be detrimental to…
Tips for Lowering Restaurant Food Costs
Restaurant managers tend to shift the blame for high food costs to their suppliers, while ignoring the fact that waste, brought on by mismanagement on their own end, is often a bigger contributor to this problem. In a recent article from The Restaurant Expert, David Peters offers some advice for reducing food cost via a…
Blog
New Overtime Threshold Proposed
US Labor Department proposed an update to raise qualified employees salaries to $35,308 per year. This article discusses how this proposed change will impact restaurant owners. To view this article click HERE to access the original content.
Unique Restaurant Concepts are Booming
Customer experiences can easily be shared via social media, and restaurants are coming up with unique concepts to draw customers. This article discusses four unique concepts that are booming in the restaurant industry. To view this article, click the following link to access the original content. https://www.cnbc.com/2019/03/02/here-are-4-unconventional-restaurant-concepts-that-are-taking-off.html
Changing Restaurant Point of Sale
Digitization and mobility have created the need for changes in restaurant point of sales systems. This article discusses signs it is time to change your POS system in 2019. To view this article, click the following link to access the original content. https://www.qsrmagazine.com/outside-insights/9-reasons-change-your-restaurant-pos-2019