Conducting a Financial AnalysisJun 9, 2010
There are a number of factors to consider when determining the value of a restaurant you may wish to purchase. This column covers the financial analysis, another important area to investigate before making the decision to buy a business.
10 Steps to Prepping Your Restaurant for Franchising May 15, 2010
While most businesses can be franchised, the key question is, should they be franchised? Before franchising your business, consider taking the following steps to prepare your restaurant concept for expansion into new markets.
Is it Time for an Operating Cost Audit? Tenants Unite!May 9, 2010
When was the last time you challenged a landlord or property manager about the Operating Expenses or Common Area Maintenance (CAM) charges? Probably not recently or never, right? Dale tells you why you have to...
2010 Restaurant Industry StudyMay 5, 2010
Americans are dining out more, but still keeping a tight grip on their wallets; restaurants also expected to be pressured by rising commodity costs and still-damaged balance sheets. Read for more interesting findings...
4 Tips to Site Selection for Restaurant TenantsMar 17, 2010
"A good restaurant in a poor location will become a poor business," says Dale. He shares some relevant tips to help you get it right.
As if the restaurant business was not hard enough, complying with IRS tip reporting rules is one of the most critical and important tasks facing restaurant owners! This is truer today than a decade ago as the IRS is accelerating its efforts to capture previously lost revenue in the form of income and FICA (Social Security & Medicare) tax. As a restaurant owner you should therefore be aware of your responsibilities regarding the reporting of your employee’s tips. The bottom line is this...
