Calculating net sales is kind of a love-hate type of task, isn’t it? On the one hand: yay, sales! But on the other hand: ugh, financial calculations that I need to do because the IRS told me to. It’s one of those tasks that isn’t particularly fun, but is incredibly important for your business. Don’tContinueContinue reading “How to calculate net sales (with examples)”
Category Archives: Entrepreneur
11 restaurant website features you need in 2024
Having a restaurant website in 2024 is a non-negotiable for food and beverage businesses. We won’t sugarcoat it: competition is fierce, with 45% of surveyed restaurant operators expecting more intense competition this year and beyond. And profit margins remain razor thin, with 38% of operators not turning a profit last year due to rising foodContinueContinue reading “11 restaurant website features you need in 2024”
Service charge vs tip: what every restaurant owner needs to know
When dining at a restaurant in the United States, doling out extra money for a tip is an expected courtesy, particularly when you receive stellar service. But if your bill already comes with an additional service charge, you’re probably wondering: what the heck am I paying for? The ol’ service charge vs. tip debate hasContinueContinue reading “Service charge vs tip: what every restaurant owner needs to know”
Why I cheerlead for those I coach
A favorite word of mine in coaching is Brava! (Or Bravo for men.) For many, being coached is not fun. Discussing your performance and aspirations, including your plans for positive change, with a stranger takes gumption. While the coach is a willing listener, their role is to challenge your thinking so that you question yourContinueContinue reading “Why I cheerlead for those I coach”
How to choose a restaurant name (+100 creative ideas)
From The Dairy Godmother to The Notorious P.I.G., a great name can definitely make your restaurant stand out. But thinking of something that strikes just the right balance of catchy, descriptive, and unique is easier said than done. And unfortunately, coming up with a great restaurant name is something you’ll have to do pretty earlyContinueContinue reading “How to choose a restaurant name (+100 creative ideas)”
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