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In this tutorial, Ryan Griffin explains that a common mistake in managing restaurant finances is not setting up accounting properly. He emphasizes the importance of having three key accounts (income, expense, and inventory) properly set up and synced in accounting software. By getting these accounts in order, restaurants can better track sales, expenses, and profits to optimize financial performance. Griffin's focus on accounting may not be as exciting as other aspects of restaurant management, but it is crucial for success in the industry.
