Money and Finances Archives

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Cost-Efficient Methods for Your Restaurant Business

Looking to save money but not so sure how to start practising cost-efficient methods for your restaurant? Cost-efficient methods may seem daunting and complicated but it really does not have to be – this article will provide you with 5 logical and simple tips to increase your profit margins overnight! 1. Go Green! If your… Continue reading Cost-Efficient Methods for Your Restaurant Business

Grow Your Restaurant Business Without Burning a Hole in Your Pocket

Turning your restaurant business into a success is easier said than done. Expanding your business and opening more outlets requires not only maximum effort, but also an even larger capital. While many business owners resort to taking extra loans for business expansion, this can be a risky move if you’re not aware of your repayment… Continue reading Grow Your Restaurant Business Without Burning a Hole in Your Pocket

2 Simple Ways to Manage Your Restaurants Finances

I’m going to admit that when I first started running my restaurant, I had zero knowledge in monitoring and managing cash flow. For me opening my restaurant was the end goal. Let’s be honest, deciding on the venue and rent, name of the restaurant, restaurant concept, menu, staffing and hiring, and marketing of the restaurant… Continue reading 2 Simple Ways to Manage Your Restaurants Finances