Why NYC Restaurant Bookkeeping Isn’t Like Other Small Business Accounting
Most bookkeepers treat a restaurant like any other retail shop or service business. In New York City, that mistake gets expensive fast. NYC restaurants run on razor-thin margins, often 3% to 5%, inside one of the most aggressive regulatory environments in the country. Between NY State’s sales tax enforcement, NYC’s own wage and tip laws, […]
8 Common Restaurant Mistakes Which Make Them Bound To Fail
Maybe you think you were born to be a restaurateur? And, maybe it is your number one love and passion, besides your family. But the restaurant business is often hectic and chaotic, and you might not have the time, or even the energy, to evaluate what you are doing right or what you are doing […]