Harmony’s Holiday Roundup
It’s the most wonderful time of the year! To shore up your financial acumen and review your restaurant’s profitability with the help of Harmony’s voluminous resources on the subjects, that is.
This month, Harmony’s Christmas gift to your business is a roundup of the blogs we’ve published this year that directly address the questions we see most frequently from clients and friends in the industry. Whether you’re flourishing or feel like you’re flailing, you’ll find a Lessons From the Line issue that can help.
Stay tuned for next week’s Commonsense CPA when we'll offer up a similar, even nerdier roundup of thoroughly useful information.
Tax Prep Tips for Restaurateurs - LFTL kicked off this year with some perennially relevant info for anyone who pays taxes, from year end inventory to Estimated Quarterly Tax Payments, this is an entry bursting with important info.
How to Fix Low Margins - Spoiler alert: It’s always labor. Harmony’s own Dave Wiseman talked about some of the most common pitfalls navigating labor costs.
Why Employee Incentive Plans Matter - Just last month we kicked off our discussion of impactful incentive plans. A well implemented bonus program can mean much more than employee satisfaction and rewarding good work - it’s a tool for managing your business. Much more to come on this topic.
Separating Personal & Business Finances - Harmony covered how to separate your personal taxes from your restaurant’s and lots more - are you using your cash back rewards? Do you know whether to deduct a vehicle’s mileage with a set rate or actual expenses?
Restaurants & Unions Part 1 and Part 2 - We sat down for a sprawling conversation with labor and employment attorney Adam Aljoburi that took two issues to fully cover. The growing trend of unionization in the restaurant industry is a topic you can’t afford to ignore.
How the OBBB Affects Your Business - Harmony’s can’t-miss primer on this sweeping piece of tax legislation.
Is Your Website Driving Sales? - Of course, it’s not all finance and legislation around here - we take a holistic view of your restaurant’s health. To that end we sat down for an illuminating conversation with seasoned strategic marketer Aviva Goldfarb for some insights into online engagement and more.
Bonus Read: How to Use Service Charges - This entry's from all the way back in 2023, and it's still one of the most common questions we see, and one of the most commonly misunderstood topics in our industry. Dig into our primer on one of the most nebulous concepts in the restaurant business - hint, they're not tips.
Is there a topic we haven’t covered that you’d like to see in Lessons From the Line? Someone you’d love to see an interview with? Drop us a line and let us know! Just email matt.h@harmonycpa.com - we’d love to hear what you think of our blog output this year. You can also head to our blog page for years’ worth of invaluable insights on far reaching topics relevant to the restaurant industry.