Finance & Accounting

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2012 Facebook Promotions to Drive Sales in 2012...

Discover the secrets that helped local restaurants execute successful online promotions and drive more sales...

 

Articles

  Nine Steps To Giving Yourself a Fighting Chance For Restaurant Financing
Jan 13, 2012
James shares a in-depth collection of tips and insights for restaurant operators seeking financing.
  Business Plan a Must for New and Existing Restaurants
Jan 12, 2012
A well-developed business plan helps you control your future.  You can set forth a plan instead of simply reacting to changes in your business.  It also minimizes the risk of failure.
  How Four Overlooked Numbers Cost You Money
Jan 11, 2012

How to look deeper into the Cost of Goods Sold calculations and take back control of your checking account and improve the bottom line.
  The Sins of Bar Management: Tips for Rescuing Your Bar - Webinar
Dec 12, 2011
Join us as we talk about everything you ever wanted to know about bar facts, but were too afraid to ask...
  Accounting for Sales Incentives Used in the Restaurant Industry
Dec 9, 2011
Accounting for incentives can be confusing and differs according to the type of incentive that is used. Bob walks you through the many differences that exist for your restaurant.
  The Right Time to Franchise: How to know when and why to make the leap
Dec 8, 2011
Ozzie talks about how to know when and why to make the leap and turn your restaurant into a successful franchise.
  Obtaining Accurate Recipe Costs
Dec 5, 2011
Without determining accurate costs, the operation cannot possibly plan properly for success. Although it's a bit of work says Mark it is energy and money well spent in the end.
  5 Tips to Double Your December (Webinar)
Oct 4, 2011
This webinar is designed to prep your marketing with actionable tools and key takeaways that will maximize holiday results and maneuver toward a revenue-filled holiday season.
  The Pros & Cons of Restaurant Financing
Sep 30, 2011
Join me as I talk with Faye Fisher about restaurant financing and the options that restaurants have in today's economic marketplace.
  Top-Ten Reasons Why Restaurants Fail: #1 Undercapitalization
Sep 29, 2011
People often argue about what the most daunting task of opening a new restaurant is. Some say it's finding the right location, developing the right menu, and hiring the best servers. And while all of these are very important to any restaurant's success, they still play second fiddle to being fully funded.
  Gun to the Head Marketing (Webinar)
Sep 12, 2011
Learn how a 9th-grade drop-out increased his restaurant sales by $137,000 a month. Join us as Kamron shares the formula he used to skyrocketed his sales an electrifying 1,066% over three years.
  A Percentage Here and a Percentage There Can Double Profits
Aug 15, 2011
A restaurant whose gross sales are $3,000,000 with a net profit after operating expenses of $150,000 can double their profits by cutting costs by single digit percentages! Sandy & Derek look at the importance of squeezing out those cost savings.
  Fine Dining and QSR Categories Boom, Creating a Restaurant Barbell Effect
Aug 13, 2011
Have consumer dining habits changed, and do some restaurants need to change the way they do business? It would appear so based on data which shows spikes in spending at two ends of the dining spectrum.
  Top Financial Considerations for Restaurants to Consider Before Participating in Internet-Based "Daily Deal" Programs
Jul 11, 2011
Internet-based daily deal programs have created a coupon culture to be reckoned with. While the ability of these programs to attract new customers is tempting to many independent restaurant owners, there are important financial impacts to consider before signing up.
  Working Capital Access Defines the Success of a New Restaurant Venture
Jun 6, 2011
A budding restaurateur must focus on the funding necessary to not only acquire the necessary equipment and location accoutrements, but also the working capital that will buy time as word spreads about the quality of his enterprise.
  Franchise Restaurant Checklist
May 22, 2011
Deciding to invest in a franchised restaurant can be a great way for you business to save some money, and marketing expenses. However, there are many things you should know about owning a franchise. Be sure to start with this checklist...
  Growth Opportunities For Restaurant Stocks Despite Rising Commodity and Gas Prices
May 20, 2011
Q&A with Senior Restaurant Research Analyst David Tarantino about the outlook for restaurant companies given rising commodity costs and high gas prices.
  Key Numbers To Watch In Your Restaurant Business
May 3, 2011
Alex highlights a handful of both lagging and leading indicators to help point your business in the right direction.
  6 Things to Consider When Selecting a New Restaurant Location
May 1, 2011
What does it take to make a restaurant location great -- and it make it work financially? Check out these six tips.
  How to Keep Your Restaurant From Tanking
Apr 19, 2011
Q&A with Anand Gala on spotting and addressing the warning signs of a restaurant in trouble.
  10 Tax Tips for Hospitality Companies - 2011
Mar 11, 2011
Hospitality companies face complex tax issues that can strain resources and drain profits. Here are 10 tips to help hospitality businesses manage their tax burden in 2011.
  Are Hidden Card Processing Fees Taking A Bite Out Of Your Profits?
Nov 14, 2010
By learning the facts about payment processing practices and the right questions to ask, you can ensure your profits aren't gobbled up by unnecessary fees. Jacqui shares the tips and key info you need to know.
  Leasing Tips for Restaurant Tenants - Audio Seminar
Oct 27, 2010
During this exclusive interview with Dale Willerton - The Lease Coach, he reveals 20+ of his 101 leasing tips for restaurant tenants.
  Inventory Control Is Key To Controlling More Than Costs
Oct 22, 2010

Inventory reports not only evaluate both how well your kitchen crew and service staff are controlling portions and what your total food cost is in terms of percentage of your menu price, but should also include a item box for "shelf life", which can be added to inventory report forms. 
  Offering Automatic 401(k) Plans: A Win-Win for Employers and Employees
Oct 15, 2010
Saving for retirement is more important than ever. Adopting automatic features can help employees effectively prepare for retirement.
 
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