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Are You Exposed? 7 Hidden Insurance Gaps Costing Canadian Restaurants

Are You Exposed? 7 Hidden Insurance Gaps Costing Canadian Restaurants

by David Monteith | Jun 15, 2026

The Hidden Insurance Gaps Leaving Restaurant Owners Personally Bankrupt TLDR Summary Standard commercial insurance policies leave Canadian restaurant owners exposed to catastrophic financial risks. Generic packages routinely omit employment practices liability,...
Your Restaurant’s Catering Contract Is Costing You More Than You Think

Your Restaurant’s Catering Contract Is Costing You More Than You Think

by David Monteith | Jun 1, 2026

Why the Catering Contract Your Restaurant Signs Is a Financial Liability   TLDR Summary Event deposits received by restaurants are taxable for GST/HST purposes at the exact time they become non-refundable, not at the time of the event, which frequently causes...
Accountific Named One of the 45 Great Accounting Websites by Future Firm

Accountific Named One of the 45 Great Accounting Websites by Future Firm

by David Monteith | May 25, 2026

Canada’s bookkeeping specialist for food businesses earns a spot on a respected industry roundup — alongside a nod to the team that designed and built the site. We have some news worth celebrating. Accountific has been featured in “45 Great Accounting Websites to Take...
How To Secure Your Restaurant’s Finances Before a Medical Emergency

How To Secure Your Restaurant’s Finances Before a Medical Emergency

by David Monteith | May 25, 2026

What Happens to Your Restaurant When You Can’t Run It TLDR Most Canadian restaurant owners have spent years building something that cannot function without them — and have done nothing to prepare for the day they physically cannot show up. A medical emergency...
Why Your Restaurant POS System Is Lying to You About Your Actual Sales

Why Your Restaurant POS System Is Lying to You About Your Actual Sales

by David Monteith | May 18, 2026

TLDR: The Data-Driven Framework for Restaurant Survival: Mastering Prime Cost and Menu Engineering Canadian restaurant operators frequently rely on point-of-sale terminals to measure daily financial success. These terminals exclusively report gross revenue, completely...
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