Features, News & Blogs
But I thought it was being done – Inspecting the expectedWe may have too much faith that it cannot happen, or won't happen or we're simply naïve. Perhaps we don't seek, therefore we don't find. Maybe it's assumptions, perhaps laziness, or even poor work ethic. It can breed and morph in a culture …
The top 5 reasons to franchise your businessIf you are an entrepreneur and you have one, two or even three operations, why should you be thinking about franchising? There are many reasons, but here are the top 5: I have a brand that I want to expand but lack the capital to do it by myself …
Wrestling with a million dollar baby - skimmingThe restaurant industry is rife with ways to lose profitability. Just when you think you have things buttoned up, a new twist comes along that can threaten your business and you may not even know about it. Last year the restaurant industry lost an …
A leopard that couldn’t change its spotsThe adventure usually begins with a notice from the bank that a deposit was either short or is missing. It triggers questions of who was supposed to have taken it to the bank and when. When the accountability for the deposit is determined, the …
Don’t wait ‘til Halloween to ghost huntThe assistant manager was in charge of inputting hours worked by employees into the back office system. She was very diligent in making sure employees were paid accurately and that the employees were punching in and out correctly. She applied …
Disproving the Top 3 employee tax credit misconceptionsTechnology has transformed the process of qualifying employees for tax credits and collecting Uncle Sam's incentives. What was a manual, red tape-ridden process ripe with high potential for errors has become a streamlined digital transaction. In my …
Will Groupon be the next Pets.com?Groupon continues to be front and center in the foodservice industry. A day doesn't go by where I don't hear the name Groupon from an operator, see an RSS feed with some B-School analyst speculating on its business model, or get another offer to buy …
A good business plan is good businessA robust business plan is the first major test of your commitment to your business. It is the written result of extensive data collection and market research developed to convey an objective understanding of your restaurant. A successful business …
5 common mistakes made with safesWe work hard in the restaurant business to provide our customers the food they desire. With efficient operations, we have enough inventory to convert raw products into meals that customers pay for usually at a register. However, it's what happens …
Pizza stocks lifted by stronger marketCheese Average block cheese prices dropped a penny to $1.49 last week on the Chicago Mercantile Exchange. Cheese averaged $1.50 the previous week. Prices closed at $1.51 Monday and Tuesday, $1.49 Wednesday, and $1.48 Thursday and Friday. Wheat Wheat …
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