College Culinary Program Heats Up: Campaign Kicks-Off to Raise Funds for State-of-the-Art Culinary Facility
College of the Canyons officials in Santa Clarita have embarked upon a capital campaign designed to raise funds for the construction of a brand new, state-of-the-art, on-campus culinary facility, which would provide a permanent home for the college’s acclaimed Culinary Arts Program and will greatly expand the number of affordable and accessible training opportunities in the field. » Read More
Ctuit and KROST Announce Partnership
KROST's Managing Principal, Greg Kniss, has announced a new partnership with Ctuit. “We have been working with Ctuit as a way to bring valuable information to our clients to assist them in increasing their profit margins”noted Kniss. Single and smaller multi-unit restaurant companies need the same tools that larger corporations find useful. » Read More
A California Sales Tax Audit – Your Biggest Nightmare!
Sales tax audits in the restaurant industry are inevitable, especially with states like California needing money due to the economic downturn. The problem is not the audit, but the typical results – a large assessment of tax, penalties, and interest. Audits typically encompass a four-year period and the list of documents that will be requested by the auditor is extensive. The auditor will ask to set up an initial … » Read More
That’s so Gross
Ask five restaurateurs to define Gross Sales and you will get more than five answers. Technically, the correct answer is that Gross Sales include all revenue centers in the restaurant operations. The National Restaurant Association defines Gross Sales as “income received from goods and services”; so yes, that includes all food and beverage income, service charge income, room rental fees, merchandise, ATM fees, parking and on and on. » Read More