by David Monteith | Aug 10, 2026
Compliance and Profitability in Canadian Restaurants TLDR Tips that run through your restaurant’s bank account are not revenue. They are a liability in transit, money you are holding on behalf of your staff before you pay it out. When you count them in your read...
by David Monteith | Aug 3, 2026
Protecting Profit: Guide to Restaurant Tip-Out Chains and Payroll Liabilities TLDR The way you hand out tips decides whether you owe tax on them. Same dollars, same servers, but one method costs you nothing and the other can cost tens of thousands a year. Most...
by David Monteith | Jul 27, 2026
Stop Flying Blind: How to Clean Up Your Messy Chart of Accounts and Reclaim Your Profit Margin TLDR Your profit and loss statement says you made money last month. Your bank account says you can’t cover Friday’s payroll. Both are telling the truth, and the...
by David Monteith | Jul 20, 2026
The COGS Split: Exposing Theft and Waste in Canadian Restaurants TLDR The average Canadian restaurant survived 2024 on an operating profit margin of 4.1 per cent. Sector-wide, operating revenue reached $99.6 billion against $95.5 billion in expenses, with cost of...
by David Monteith | Jul 13, 2026
Stop Guessing Where Your Profits Go: The Channel-Segmented Chart of Accounts TLDR You did $100,000 in sales last month. You did $100,000 this month. Nothing changed, so nothing’s wrong. Except dine-in fell $20,000, and delivery picked up the same $20,000....
