Finance & Operations

Tipping from guests and diners has long been a rewarding gesture for great hospitality and a dependable boost to workers’ incomes....

Access to capital is one of the most significant barriers that small businesses and even growing businesses face. That’s why as an...

Cash flow. It’s the lifeblood of every business and for retailers, it’s no different. In a competitive industry where consumer...

Inventory is a funny thing for retailers. It’s so often one of the biggest costs, while also being the primary source of business...

Restaurant tipping may be an endless source of confusion when travelling, but it’s also a welcome addition to any hospitality worker’s...

One of the most challenging parts of owning a business is securing financing. There are plenty of options–so many that it can become...

Pricing your products or services can be hard. If you price your offerings too low, your profits will suffer for it. If your offerings...

Financing your business’ growth and expansion shouldn’t come with a headache. There can be lots of different parts to work out...

Your profit margin is a metric that should always be on your radar, and for good reason: it answers critical questions about your business,...

Are you thinking of opening a new store? Whether it’s your first store, or you already manage multiple locations, you should know...

Owning a restaurant is a dream for many businesspeople. Yet, the day-to-day costs of opening and running a restaurant can make owners...

For restaurants, Cost of Goods Sold (COGS) is one of the most important things to understand. Put simply, it’s how much it costs...

The restaurant industry is not for the faint of heart. While passion is the spark that inspires restaurateurs to pursue their dreams,...

Restaurant accounting can be daunting for business owners, as there’s a lot to consider, from tax compliance to payroll, reconciliation...

Accounting is crucial to the health of any business. Keeping track of your financial information allows you to make better business...

If you’re in the process of opening your first restaurant, one of the most important things on your to-do list will be planning how...

Keeping on top of your finances can be one of the most challenging parts of running a hospitality business, particularly if you manage...

One of the most complicated and time-consuming tasks for restaurant owners and managers is accounting, as it’s an essential task...

If you’re in the process of setting up your restaurant accounting, building a restaurant chart of accounts will be a top priority...

Almost every business needs financing at some point.But banks and other lenders aren’t always an option for some small businesses...

Effective hotel revenue management helps hoteliers secure profits. Things can change quickly in the hotel industry and how much money...