The Largo Group

Join us for our “New Year, New Mindset” webinar series—a live, 30-minute session designed specifically for restaurant owners and managers to thrive in the year ahead. 📅 Dates: January 27, 28, and 29 ⏰ Time: 3:00 PM ET Here’s what we’ll cover: ✅ Defining Roles: Streamline your team and improve efficiency. ✅ Mastering Accountability: Set clear goals, track progress, and stay consistent year-round. ✅ Financial Forecasting: Create sustainable growth strategies to achieve your goals. Packed with actionable strategies and expert insights, this live webinar is your opportunity to gain the tools and clarity needed to build a successful year ahead—all in just 30 minutes a day. 💡 Don’t miss out—your roadmap to success starts here! Reserve your spot today: https://lnkd.in/gzU7z7DB #RestaurantSuccess #WebinarSeries #NewYearNewMindset #2025Goals #RestaurantManagement #LiveWebinar#RestaurantManagers #RestaurantOwners #Hospitality

🍴 Taxes in the Restaurant Business: What You Need to Know 🍴 Running a restaurant means navigating unique tax rules—but smart deductions can save you big! Whether you’re new to the industry or an experienced professional, here are key tips to keep more cash in your pocket: ✅ Major Deductions: • Ingredients & Supplies (COGS): Track all food and packaging costs. • Equipment Depreciation: Deduct big-ticket items like ovens and fridges over time. • Rent & Utilities: Include space rental, electricity, and water bills. • Employee Wages & Benefits: Deduct salaries and benefits like insurance. 💡 Hidden Savings: • Start-Up Costs: Licenses, permits, and marketing expenses. • Loan Interest: Deduct interest in business loans. • Employee Meals: Meals provided during shifts may qualify. • Health & Safety Expenses: Cleaning supplies, pest control, and training. 🚫 Avoid Mistakes: • Save all receipts • Track inventory accurately • Don’t overlook benefits and equipment depreciation Taxes don't have to be overwhelming whether you’re just starting out or managing a thriving establishment. Contact The Largo Group for expert tax assistance and strategies to maximize your savings. Let’s help your restaurant grow! 📩 Reach out today! https://lnkd.in/gMd8R7yb #smallbusinesswwners #TheLargoGroup #restaurantbusiness #taxrules #tax #taxtips

We’ve got some exciting news to share! Due to popular demand, we’re expanding our New Year, New Mindset course offerings to make the experience even more impactful for you.    To accommodate our enhancements, we’ll be pushing back the course start date. We apologize for any inconvenience this may cause and deeply appreciate your understanding as we work to deliver an even better experience.   Here’s what’s new: → An Additional Day of Content: We’re adding an extra day to dive deeper into the topics that matter most to you. → A Special Gift: As a thank-you for your patience and commitment, you’ll receive a complimentary gift upon completing the course. Consider it a token of our appreciation The course will also cover: 🍴 Defining Roles: Streamline your team and improve efficiency. 🍴 Mastering Accountability: Set clear goals, track progress, and stay consistent year-round. 🍴 Financial Forecasting: Create sustainable growth strategies to achieve your goals. We’re confident these changes will make the course even more valuable and rewarding for you.    Be the first to know about the new date and 👉 Reserve your spot now: https://lnkd.in/gzU7z7DB #RestaurantSuccess #WebinarSeries #NewYearNewMindset #2025Goals #RestaurantManagement #LiveWebinar #RestaurantManagers #RestaurantOwners #Hospitality #Accountability #TheLargoGroup

Maximizing Every Square Foot: Tackling Inefficient Space Management in Your Restaurant 🍴📏 In the restaurant industry, every square foot matters. Inefficient space management can lead to overcrowding, slow service, and missed revenue opportunities. Optimizing your space isn’t just about aesthetics—it’s about improving efficiency, enhancing the customer experience, and boosting profitability. Here are a few tips to maximize your space: ✅ Analyze Your Layout: Evaluate how your dining area, kitchen, and storage spaces are used. Could a redesign improve flow and reduce bottlenecks? ✅ Focus on Multipurpose Areas: Make spaces versatile, like converting underused areas into additional seating or functional storage. ✅ Invest in Smart Storage: Use vertical shelving, wall-mounted storage, and stackable solutions to free up valuable floor space. ✅ Optimize Table Configurations: Flexible seating arrangements allow you to cater to large parties and solo diners without wasting space. ✅ Utilize Technology: Digital reservation systems can help manage seating capacity and reduce wait times. 📌 Why It Matters Efficient space management means more satisfied customers, faster table turnover, and a more productive team, all of which contribute to a healthier bottom line. 💬 Need Help? Not sure where to start? The Largo Group specializes in helping restaurant owners and managers optimize their spaces to maximize efficiency and profits. 📲 Contact us today to learn how we can transform your restaurant’s layout for success! https://lnkd.in/gVZ585g2 #RestaurantManagement #SpaceOptimization #HospitalityLeadership #EfficientDesign #TheLargoGroup

Cybersecurity in Restaurants: Protecting Your Customers and Your Business 🛡️🍴 In today’s digital age, restaurants aren’t just serving great food—they’re also storing sensitive customer data. From credit card transactions to online orders and loyalty programs, this data makes restaurants a prime target for cyberattacks. A data breach can damage your reputation, lose customer trust, and lead to costly fines. Here’s how to protect your business and loyal customers: ✅ 1. Secure Your Payment Systems Use PCI-compliant payment processors and ensure your POS systems are updated with the latest security patches. ✅ 2. Train Your Team Educate staff about cybersecurity basics, like identifying phishing attempts and using strong, unique passwords. Human error is one of the most common causes of breaches! ✅ 3. Use Encryption Encrypt sensitive customer data, such as credit card numbers and personal information, so it is unreadable in the event of a breach. ✅ 4. Limit Access Restrict access to sensitive data to only those employees who need it. The fewer people with access, the lower the risk. ✅ 5. Regularly Audit and Update Systems Perform routine cybersecurity audits and keep all software, hardware, and security protocols up to date. Outdated systems are easy targets. 📌 Need Help? Protecting your customers’ data is critical—but it doesn’t have to be overwhelming. The Largo Group team specializes in supporting restaurants with strategies to strengthen cybersecurity and safeguard your business. 💬 Reach out to one of our team members today to learn how we can help you stay secure! 👉https://lnkd.in/gVZ585g2 #RestaurantManagement #CyberSecurity #DataProtection #HospitalityLeadership #TheLargoGroup

Restaurant Supplier Negotiations: Tips for Reducing Food Costs 💼🍽️ Managing food costs is essential to maintaining healthy profit margins in the restaurant industry. One powerful way to control expenses? Negotiate better deals with your suppliers. 📌 Why It Matters Every dollar saved on food costs is a dollar that strengthens your bottom line. Strategic supplier negotiations can improve profitability without compromising quality or service. 💬 What’s your go-to tip for supplier negotiations? Let’s share strategies and help each other succeed! Contact us today! https://lnkd.in/gVZ585g2 #RestaurantManagement #HospitalityTips #SupplierNegotiation #CostControl #FoodService

Tips vs. Service Charges: What Restaurant Owners and Managers Need to Know 🍴💼 Handling tips and service charges correctly is essential for ensuring compliance, payroll accuracy, and employee satisfaction in the restaurant industry. • Tips are voluntary payments left by customers, reported by employees, and subject to payroll tax withholding. • In contrast, service charges, such as automatic gratuities for large parties, are mandatory fees classified as wages and included in employee paychecks. Understanding these distinctions is critical to maintaining smooth operations and adhering to regulatory requirements. ✅ For Owners & Managers 1. Stay Compliant: Misclassifying service charges as tips can lead to IRS penalties. 2. Track Accurately: Use payroll systems that differentiate between tips and service charges. 3. Communicate Clearly: Ensure employees understand how their income is taxed and distributed. Proper handling avoids audit risks, keeps your team happy, and ensures your business runs smoothly. How do you manage tips and service charges at your restaurant? Let’s discuss! https://lnkd.in/dtAcTGs2 #restaurantmanagement #hospitalityleadership #taxtips #servicecharges #thelargogroup #restaurantowners

As a restaurant owner or manager stepping into 2025, it’s time to refocus and realign with what you want for your restaurant. Where do you see yourself in the next 12 months? What steps will help you get there? Join us for our “New Year, New Mindset” webinar series—a live, 30-minute session designed specifically for restaurant owners and managers to thrive in the year ahead. 📅 Dates: January 27, 28, and 29 ⏰ Time: 3:00 PM ET Here’s what we’ll cover: 🍴 Defining Roles: Streamline your team and improve efficiency. 🍴 Mastering Accountability: Set clear goals, track progress, and stay consistent year-round. 🍴 Financial Forecasting: Create sustainable growth strategies to achieve your goals. Packed with actionable strategies and expert insights, this live webinar is your opportunity to gain the tools and clarity needed to build a successful year ahead—all in just 30 minutes a day. 💡 Don’t miss out—your roadmap to success starts here! 👉 Reserve your spot now: https://lnkd.in/gzU7z7DB #RestaurantSuccess #WebinarSeries #NewYearNewMindset #2025Goals #RestaurantManagement #LiveWebinar #RestaurantManagers #RestaurantOwners #Hospitality #Accountability #TheLargoGroup

🌟 What Goes Into Opening a New Restaurant Location 🌟 Opening a new location is a huge milestone! It’s an opportunity to grow your brand, reach new customers, and take your business to the next level. But with these exciting opportunities come big financial responsibilities and challenges. Opening a new location isn’t just about growth—it’s about growing smart. With proper planning, you can make your new spot a success from day one! Thinking about expanding? Let’s make it happen. Learn more: [https://lnkd.in/gVZ585g2] #RestaurantGrowth #BusinessExpansion #RestaurantOwners #FinancialPlanning #SuccessInHospitality #TheLargoGroup

🌟 The Importance of Choosing the Right Location for Your Restaurant 🌟 Location, location, location! It’s more than a catchphrase—it’s a game changer for your restaurant’s success and profitability. Your location doesn’t just determine your visibility; it shapes your foot traffic, accessibility, and the overall customer experience. Whether you’re opening a cozy café or a bustling dining hotspot, the right location can set the stage for long-term success. 💡 Why Location Matters: • Foot Traffic: Being in a high-traffic area increases the chances of attracting walk-in customers. • Demographics: Choosing a spot that aligns with your target audience ensures you’re reaching the right diners. • Accessibility: Easy parking, public transportation, or footpath access can significantly improve convenience for your guests. • Competition: A well-researched location balances proximity to competitors and opportunities to stand out. • Ambience: The surrounding area contributes to your restaurant's vibe and brand identity. Remember, it’s not just about finding a spot—it’s about finding the right spot for your concept, audience, and goals. The perfect location creates synergy between your restaurant’s vision and the community it serves. Planning to open a new restaurant or relocate an existing one? 🌟 What factors top your list when choosing the perfect location? Let’s explore your options together! 👉https://lnkd.in/gVZ585g2 #RestaurantSuccess #LocationMatters #HospitalityTips #RestaurantOwners #BusinessGrowth #TheLargoGroup