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A step-by-step money roadmap for restaurant owners. It starts with your licensing stack and chart of accounts, then covers the federal tip credit, a compliant tip pool, Form 8027 and the 8% rule, tips vs. service charges, the FICA tip credit, and no tax on tips. It also tracks food cost and prime cost, delivery apps, liquor licensing, the cost of turnover, and selling. #restaurantowner #restaurantbusiness #foodcost #restaurantmanagement #businessplan Alt text: Vertical graphic titled "A restaurant's money roadmap" listing roadmap stages in green labels: Stage 0 Licensing stack, Stage 4 Federal tip credit, Stage 7 Compliant tip pool, Stage 13 No tax on tips, Stage 19 Prime cost, through Stage 32 Selling the restaurant. Tagged topics: Restaurant business, Restaurant management, Business plan, Food cost, Restaurant owner, Bookkeeping, Hospitality, Checklist Hashtags: #restaurantlife #restaurantconsulting #startarestaurant #hospitality #foodbusiness #primecost #checklist
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