The first three posts in this series covered fraud and theft of products entering the establishment, food theft, and alcohol theft. Now, we’re going to look at outright theft of sales receipts. While it’s unlikely that your servers are grabbing handfuls of dollars on their way out the door, today’s post looks at several more sophisticated methods [...]
Archive for February, 2011
Restaurant Fraud & Theft – Part IV
Posted in Cost Control, Coupons, Customer Comps, Internal Controls, Theft, tagged Internal Controls, Operations, Profitability, Theft on February 14, 2011 | 2 Comments »
Restaurant Fraud & Theft – Part III
Posted in Alcohol Costs, Cost Control, Internal Controls, Theft, tagged Cost Control, Internal Controls, Liquor Costs, Over-pouring, Theft on February 12, 2011 | 1 Comment »
“What I like to drink most is wine that belongs to others.” Diogenes. Today’s post looks at alcohol related thefts once the alcohol has made its way to the coolers and shelves in the bar. These types of alcohol theft are broad categories. Within each there are many scams, too many to list. As I [...]
Restaurant Fraud & Theft – Part II
Posted in Cost Control, Food Costs, Internal Controls, Theft, tagged Cost Control, Food Costs, Internal Controls, Theft on February 12, 2011 | 1 Comment »
Part I in this series focused on fraud and theft up to the point your inventory becomes available for sale. As we found out, lots can go wrong during the purchasing, receiving and inventory safeguarding processes. These frauds and thefts involved uncooked food or unpoured alcohol. Now, let’s uncork a bottle and turn up the heat. Today, I [...]
Are All Thefts Equal?
Posted in Alcohol Costs, Cost Control, Internal Controls, Sales Taxes, Theft, tagged Cost Control, Internal Controls, Liquor Costs, Over-pouring, Profitability, Sales Taxes, Taxes, Theft on February 4, 2011 | Leave a Comment »
Today’s post asks, are all thefts equal? I’ve listed four common forms of theft in restaurants and bars. If the amount of theft is equal in each case, is the cost to the restaurateur the same? If you think each one has the same impact on the restaurant or bar, read on. Types of Theft [...]
Take Part in a Canadian Industry Restaurant Survey
Posted in Market Information, tagged Operations on February 3, 2011 | Leave a Comment »
Technomic, Inc. is seeking independent and regional Canadian restaurant owners and managers to help them with a study on the current business environment for restaurants in Canada. If you qualify and complete the survey, you will receive an Amazon.com code for $10 (Canadian) that can be used for purchases on their website. If you prefer, this [...]
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