Serve Up a Great Meal and a Strong Financial Plan

Steve O'ConnorBusiness Plans, Capital Advance, Cashflow, Funding Options, Restaurant, Small Business FinancingLeave a Comment

In September 2013, QSR wrote, “in the quick-service industry, the path to success is straightforward: offering good-tasting, quality food prepared quickly in a clean and courteous environment.” That seems clear enough; quick-service and fast-casual restaurants got into business with this objective at the top of their lists.

Restaurant Expense Cuts That Cost You Customers

Steve O'ConnorBusiness Operations, Cashflow, Customer Service, RestaurantLeave a Comment

$1.8 billion. That’s the typical sales for the entire restaurant industry on any given day in 2013. That sounds like a lot of money doesn’t it. But as a restaurant owner or manager, you know the truth – restaurants are high-expense businesses. Full-service restaurants typically pull in margins of only 2-5 percent. According to the 2010 Operations Report by the … Read More