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How to Buy a Restaurant: An Ultimate Guide

7 Shifts

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. Find out the true costs Understanding the businesses food and labor costs, monthly overhead, and a clear picture of the business cash flow.

License 446
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The Ultimate Guide to Getting a Restaurant Business Loan

7 Shifts

Management Team : document your team and why they have the experience and expertise to make your restaurant a success. Include 5-year financial projections including an income statement, balance sheet and cash flow statement showing that your restaurant will be able to repay any loans with interest out of operating profits.

Document 394
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article thumbnail

How to Buy a Restaurant: An Ultimate Guide

7 Shifts

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. Find out the true costs Understanding the businesses food and labor costs, monthly overhead, and a clear picture of the business cash flow.

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

Perfect Daily Grind

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. The vast majority of Kenyan coffee is sold on the Nairobi Coffee Exchange (NCE), which is organised by the country’s Exchange Management Committee.

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Setting the stage: a guide to opening a restaurant

Open for Business

From budgeting and licensing to crafting the perfect menu, here’s everything you need to know about how to open a restaurant. Craft a comprehensive financial blueprint to manage your restaurant’s expenses. There’s plenty to think about, from getting a general business license to copyrighting music.

License 78
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Understanding the co-operative model in Kenya’s coffee sector

Perfect Daily Grind

In Kenya, a coffee co-operative society (also known as a Farmers’ Cooperative Society) is a licensed and registered group of pulping stations and wet mills. Many of these co-ops are well-managed and add value to coffee in a number of ways, including through quality control, packaging, and even domestic sales in some cases.

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8 Things To Pay Attention To Before Starting Up A Food Truck

The Restaurant Times

When you start a food truck, you have to look out for state rules and regulations regarding licensing and taxes. What equipment your truck must have, what permissions you and your staff require, and if you need a commissary kitchen are all governed by health standards. Vehicle license. Rules and Regulations . Seller’s permit.