Quote:
Originally Posted by chedder
Is this really true though? Or do they only lose money after the majority of the cash is tucked away in the safe? Is this just like saying carwashes have small profit margins or other cash intensive businesses?
|
I doubt that is the case, especially with how cashless everything is these days. Everything goes though a POS and the records are typically submitted to an accredited accountant, and eventually has to be reported to the CRA. I also don't think most restaurant owners would trust their employees to do cash only sales without ringing things up and leaving transaction records because they would just be opening up their business to employee theft.