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The Ultimate Guide to Getting a Restaurant Business Loan

7 Shifts

Industry Analysis : Document the size and trends in the restaurant industry to show readers you are an industry expert. Competitive Analysis : document local competitors and show how you will be able to carve out a niche in your market. This means the bank is partially "insured" in case somebody is unable to repay them.

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Essentials of Payroll Accounting for Restaurant Groups, Part 1

Restaurant365

Your restaurant orders, receives, and counts food all in one system: your inventory management software. Your inventory management solution measures and stores all the information you need about your food cost. After all, restaurants have historically offered same-day take home pay in the form of cash tips for front-of-house workers.

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How to Write a Restaurant Business Plan: Free Template & Step-by-Step Guide

Touch Bistro

This essential document serves as a blueprint for your vision and details all the different steps you’ll need to take in order to turn your business dreams into reality. A restaurant business plan is a written document that outlines your business goals and how you will go about achieving those objectives.

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How to Fine-Tune Your Kitchen Contract to Avoid Dispute Charges

The Food Corridor

While pre-payment for monthly plans is a best practice for kitchen cash flow purposes, do what works best for your kitchen and clientele. You will also want to outline the types of payment methods you accept (checks, cash, credit card, automatic clearing house) and how the client can get the payment to you. Close-out requirements.

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Succession Strategies for Restaurant Owners: Safeguarding Your Legacy 

Modern Restaurant Management

” For restaurant owners, we’ll take creative license with the quote to say, “A man who owns a restaurant should be prepared to exit at any time.” Financial Preparedness Take a hard look at your financial picture and cash position if you were out of the picture tomorrow.

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Tyga Bites and Sushi with an Attitude

Modern Restaurant Management

and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. This year’s Neighborhood to Nation Contest will double the number of winners to award 20 prizes of $5,000 in cash along with a robust marketing package.

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Virtual Acceleration, Raising the Bar and Insult Monitor

Modern Restaurant Management

US Foods Holding Corp.entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management, Inc. NYSE: APO) (the “Apollo Funds”) for $970 million in cash.

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