BOE Sales and Use Tax Rate Increase Effective April 1, 2019

March 28, 2019By Melissa Cunarro

Effective April 1st, 2019, a district tax increase will be applied in several localities throughout California. The rate increase is due to the passing of numerous Measures in various counties on November 6, 2018 to fund several improvements such as street improvements, maintain essential services, neighborhood safety, disaster preparedness, among others. To all restaurant operators, … Read More

Cash Flow Relief: How Your Vendors Can Help You

January 15, 2018By Melissa Cunarro

One of the best ways you have available to you to improve your cash flow is to renegotiate your vendor terms. Improved vendor terms allow for additional lead time between payments to purveyors, and provide relief when your bi-weekly payrolls, monthly rent, insurances and sales tax payments are due. It’s common practice for vendors to … Read More

BOE Sales and Use Tax Rate Increase effective October 1, 2017

September 6, 2017By Melissa Cunarro

Effective October 1st, 2017, a district tax increase will be applied in those cities that have not already reached the 2% limit on district taxes. The rate increase is due to the passing of Measure H approved by Los Angeles County voters on March 7, 2017. Measure H or “Los Angeles County Homeless Initiative” the … Read More

Effective Tools to Measure and Control Inventory Levels

September 5, 2017By Melissa Cunarro

As a restaurant operator, understanding the importance of maintaining accurate inventory levels for your restaurant is critical to running a successful business. High inventory levels in comparison with the corresponding food sales can severely hinder your potential for profitability. Excess inventory levels will lead to poor control practices, inefficient use of product and susceptibility to … Read More

BOE LA County Sales and Use Tax Rate Increase Effective July 1st, 2017

June 7, 2017By Melissa Cunarro

Effective July 1st, 2017, a 0.50 percent district tax increase will be applied to the county of Los Angeles, including all cities and unincorporated areas. Measure M or “Los Angeles County Traffic Improvement Plan,” approved by California voters in November 2016, is the county’s comprehensive plan to improve transportation and ease traffic congestion. We highly … Read More

Vendor Terms: One of the Keys to Running a Successful Business

January 18, 2016By Melissa Cunarro

When was the last time you revisited your vendor terms? Vendor terms are one of the keys to operating a successful business in the restaurant industry. They facilitate cash flow management, streamline your A/P processing and help manage surplus inventory and cost. When initiating new vendor relationships, most vendors are likely to set your account … Read More