distinguish between fixed and variable cost when running a restaurant business? What the Difference Between Fixed and Variable Restaurant Costs are Rent, Mortgage, Salary, Loans, License Fees and ...
When your business brings in a million dollars a year, but your profit margin is less than 1%, every dollar counts.
The hospitality business can be an inhospitable place. Here are a few lessons to help you navigate its shoals.
The financial plan is the most critical part of your business plan. It should clearly show how much money you need to start, run and grow your restaurant. You will need to show a projected profit ...
There are a lot of sleepless nights and you'll probably have to go out and look for money to get your business running. If you're not afraid of taking the plunge and you want to open a restaurant ...
That's a relatively small amount for opening a brand-new restaurant, May told Business Insider ... which gave them about 16 months to get up and running before having to make their first payment.