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How to Buy a Restaurant: An Ultimate Guide

7 Shifts

Despite the unfortunate closures, new restaurants are opening every day, and at rates close to what they were prior to March of 2020. Tack on obtaining permits and licenses, and you could be in for a pretty big check. They could also be trying to get out of a bad situation—be it management, building, or market related.

License 444
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How to Buy a Restaurant: An Ultimate Guide

7 Shifts

Despite the unfortunate closures, new restaurants are opening every day, and at rates close to what they were prior to March of 2020. Tack on obtaining permits and licenses, and you could be in for a pretty big check. They could also be trying to get out of a bad situation—be it management, building, or market related.

License 195
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Why are people calling for reform in Kenyan coffee production?

Perfect Daily Grind

According to the International Coffee Organisation , Kenya was Africa’s fifth-largest coffee producer in 2020. According to the Kenyan Agriculture And Food Authority , coffee was grown on around 119,000ha of land in 2019, making it one of Kenya’s biggest cash crops. Understanding the Coffee Bill 2020.

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How Alcohol To-Go Could Save Your Restaurant

Focus POS

In the spring of 2020, when COVID-19 became a serious issue in the United States, the hospitality industry lost nearly $120 billion. Even more surprising, restaurants that haven’t sold alcohol previously are now choosing to get liquor licenses so they can provide alcohol to-go. This is the time where you begin to strategize.

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The Six Most Common Franchise Problems (And How to Solve Them)

7 Shifts

Between up-front licensing fees and opening costs, the amount can easily break into the six or even seven-figure range. million Some franchisors even require aspiring franchisees to have hundreds of thousands of dollars of cash on hand, which runs the bill up even more. of weekly gross sales for franchise royalties and advertising.

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9 Restaurant Cash Flow Tips for Your Recovery and Beyond

Restaurant365

Comprehending your restaurant cash flow is essential to running your restaurant business. Cash flow refers to the amount of cash coming into your restaurant minus the amount of cash going out on a daily, weekly or monthly basis. Common factors that cause cash flow issues. Too much inventory. Unexpected expenses.

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How to Create an Effective Restaurant Onboarding Process

7 Shifts

In order for new hires to perform well and stay happy in their roles, hiring managers need to pay more attention to the restaurant onboarding process. Trainees can ask their buddies questions that they may not want to go to their managers for. Elevate concerns to management after getting consensus from two coworkers that you should.

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