Personal/Business Finances (bank loans, Mortgages, Credit Cards…) Preserve as much cash as possible! Call your lenders/debtors – they are handing out deferments like hotcakes Home + Cars = Large portion of expenditures Mitigates need for stressed income Insurance: 60 days to pay premium without cancellation With regard to insurance premium Read more…
2nd half of Podcast Episode # 8 Since a March 15th Shut-Down Order – Restaurants have been fighting for Survival and attempting to adapt to this NEW NORMAL. Some have closed their doors, but others have Pivoted – moving to On-line ordering, and curbside take-out. Everyone has been holding their Read more…
On Friday we had a webinar with the foremost authority on COVID-19 SBA Loans, Jamie Romano. If you or your customer missed the webinar, we recorded it and it is now available online. This webinar should be required for anyone who owns a restaurant. I have been told it is Read more…
As the scale and scope of the COVID-19 health crisis expands, businesses are going to have to adapt. Policies will be put in place regarding the taking of employee temperatures, the use of sick time in place of losing out on wages, and when an employee should follow the trend Read more…
This contains practical information that restaurant owners and operators can use NOW, and will be updated as per new options and concerns become known. Please keep yourselves and your families safe during this time. We are all in this together!!! Landlord / Tenant Issues: Request a rent abatement from your Read more…
Who has done it well – Pizza – Why – Food type. Consumer acceptance Off-Premise Market Source: Technomic 2018 Next-Level Off-Premise 47% Drive-Thru 35% Takeout 18% Delivery Players and Market share: (January 2020) Grubhub 30% Uber Eats 20% DoorDash 37% Postmates 10% Industry trends – Foodservice habits are shifting Order Read more…
How’s your G.A.M.E.? #Gratitude – This is the most important quality you can have. Being grateful for what you have, big or small, will set you up to achieve amazing results in life. #Attitude – BE POSITIVE. Focus and get rid of negativity. Release negative people from your life and Read more…
SUMMARY OF KEY RESTAURANT LEASE TERMS Business plan How many pizzas are you capable of making in a day? How many pizzas do you need to sell to break even? What is your construction and buildout budget? What is your operating budget and estimated operating costs (including CAM, taxes, insurance, Read more…
