Cash Management Insurance License Management 
7 Shifts
MAY 23, 2024
Managing a restaurant is not for the faint-hearted. A restaurant budget allows restaurant owners and managers to see directly if they are meeting their income and expense benchmarks. Promotes proactive decision-making Restaurant owners and managers must adapt quickly to be successful and retain their competitive advantage.
7 Shifts
NOVEMBER 22, 2021
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.
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SpotOn
MARCH 25, 2024
Here, we'll discuss what you must consider when looking at the construction costs, equipment costs, interior design costs, and licenses and permits. Licenses and permits Every restaurant business has a lengthy list of licenses and insurance needed to open, serve your guests, and protect your business.
Modern Restaurant Management
APRIL 27, 2020
Consider the following in your risk management and business continuity programs: Use of Food Delivery Services vs. Company Employees – By using a hired food delivery service, a restaurant can reduce the chance of employees having an accident by using their cars or the owner’s vehicles.
Harbor Touch
NOVEMBER 21, 2022
There are many things to consider when opening a bar, from the type of establishment you want to open to the licensing and zoning requirements in your area. There may be special licenses or permits you will need in order to open your bar. Obtain alcohol licenses and permits. Create an appealing atmosphere.
Modern Restaurant Management
JANUARY 16, 2024
” 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.
Clover - Restaurants
MARCH 26, 2024
It may or may not matter to the kitchen managers what time you use the space. Forking over that cash can be worth it if it saves you (or your team) precious time and effort. Managers of commercial kitchens want to know that your business can make rent, so be ready to share your business plan or create one to share with them.
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