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 [...]
Posts Tagged ‘Taxes’
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 »
Do You Have a Sales Tax Expense?
Posted in Cost Control, Sales Taxes, tagged Cost Control, Operations, Sales Taxes, Taxes on February 8, 2010 | Leave a Comment »
On this blog, I mainly talk about controlling costs in restaurants. When we look at sales taxes that restaurants pay, we rarely consider them to be ”costs”. Sales taxes are considered “trust” taxes. Restaurants, retailers and other businesses that charge sales taxes are really collecting them on behalf of the government. This means that sales taxes are not [...]
How the HST Will Affect Your Prices & Margins
Posted in Alcohol Costs, Cost Control, Sales Taxes, tagged Beer, Cost Control, HST, Liquor, Pricing, RST, Taxes, Wine on February 7, 2010 | 1 Comment »
Recently, the Canadian Restaurant and Foodservices Association (CRFA) published three calculators to help restaurateurs determine the effect of the new HST, effective July 1, 2010, on their prices. The calculators cover wine, spirits and beer. I’ve included the links, below. Perhaps a short note is necessary to help you use them properly. They are set up for [...]





