What is Simple Food Costing and Why is it Important?
Simple Food Costing Tool is like a heart monitor for your business. Sometimes you’re not aware of issues until it’s too late.
What The Chains Know That You Need To Know
What do the chains know that you need to know? They know that their menu is their marketing plan. They know that their menu prices align with their cost to produce a profit.
Budgeting: Your Roadmap to Cashflow
You wouldn’t get on a plane if your weren’t comfortable that the pilot budgeted the amount of fuel needed for the trip. You wouldn’t enter into a long term lease in a strip mall for ten years
Bank Loan Assistance and State Unemployment Tax Rates
Question: I need a loan to purchase equipment and for cost to be incurred for leasehold improvements at a new location for my restaurant.
Double Check Your Numbers with Outside Sources
Question: How do I ensure my sales figures per my point of sale make it to the bank? Answer: It’s called internal control.
Professional Ethics and Savings Taxes Double Edge Sword
Question: Every restaurateur hides some cash from operations so why is my CPA so shocked when he learns this side of my business?
Family Businesses-Commingling of Funds?
I recently was engaged to represent a restaurant owner against the Internal Revenue Service who operates five restaurants each in a separate S Corporation
Second Opinion and Credit Card Fees
Question: My current accountant just does not give me restaurant advice and I feel I am missing out on something. Without hurting his feelings how do I get a second opinion?
Excessive Credit Card Fees and Online Capability
Question: Can I mandate a fee passed on to my customers to account for excessive credit card fees?
The Credit Card Game
How card processing benefits your restaurant Regardless of your restaurants size, there are many benefits in having the ability to process credit card transactions.