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Growing a small business takes longer and costs more than small business owners want, but effectively managing cash flow can help you remain solvent.
Small Business Owners Find New Ways to Gain Insights and Advice
What is one of your best resources for small business insights? Other small business owners.
Should You Franchise Your Restaurant?
Franchising your restaurant can lead to rapid growth in your community, state, or country, but there are a number of things to consider before heading down the franchise path. Selling your restaurant’s concept is a difficult task, but we are here to help.
A New Financing Option: Restaurant Crowdfunding
Crowdfunding as a form of financing for restaurants is certainly not a new concept. Many restaurants now offer food and beverage as a form of repayment on investment, which, if done correctly, can provide your restaurant with the necessary capital without giving up any equity.
Fair Work Week Legislation Could Pose a Problem to Your Restaurant
Fair Work Week legislation has been introduced that could implement regulations within the restaurant industry regarding scheduling practices. Ensuring your restaurant is using best scheduling practices is crucial to your restaurant’s reputation during the sustainable scheduling debate.
Small Business Hiring is on the Rise
The number of small businesses hiring full-time employees lines up with previously estimated predictions, and the results are promising. If your small business is looking to expand, the time to act is now.
New Study Demonstrates Ways to Boost Employee Productivity
Employee satisfaction plays a large role in productivity among small businesses. There are steps that you, the small business owner, can take to help make sure your employees are performing at their most efficient level.
Restaurant Sales Following Earlier Predictions, and the Results are Promising
Restaurant sales are on the rise, and it’s time for your restaurant to embrace this trend immediately. The economy cannot do this on its own, though, and there are things you, as a restaurant owner, can do to continually boost sales. However, new business models require funding, and a capital advance could be the solution you need.
How Will the 2015 Minimum Wage Increases Affect Your Restaurant?
2015 brings minimum wage hikes for a number of states, with more states to follow in the coming years. It may seem the only way to cope with this hike in labor costs is to raise the price of menu items and downsize your number of employees. These are not your only options to deal with this short-term hurdle.
Is Your Small Business Ready for 2015?
With 2014 now behind us, a little organization and preparation can give your small business an advantage at the start of 2015. Now is a good time to consider how you invest and how you promote your business to see if any changes could generate improved results in 2015.