Being able to reasonably forecast upcoming problems has become an essential skill for Restaurant business owners — but too many are flying blind, or doing “bank balance accounting.” Can we help you fix this? Using KPIs For Your Restaurant Business...
How do you make financial decisions for your Restaurant business? Do you set aside time to review your actual financial reports, or are you committing “bank balance bookkeeping”? You know what I mean: checking your business bank account daily as a...
If you’re struggling in your Restaurant business, tempted to do some price reductions to drum up sales, and not getting the traction you need… I have a quick thought for you today. Struggling Restaurant Businesses: Careful With Price Reductions “Despite...
Before we get to talking about accountability in your Restaurant business… During the first Super Bowl that Tom Brady won (with the Patriots), these were some of the companies who advertised (hat tip to Jon Erlichman of Bloomberg): AOL Blockbuster Radio Shack...
There is a difference between income and wealth. Tax returns aren’t about wealth — they’re about “income”, and how that is defined. Business owners and real estate investors have access to powerful tax advantages that wage earners do not...
If we’ve learned anything from 2020, it’s that our best-laid plans don’t always turn out. As the great philosopher, Mike Tyson once said: Everyone has a plan until they get punched in the face. What is your plan for exiting your Restaurant family...
