Recent Articles

Restaurant

One of the biggest industries in the United States, the restaurant business offers the opertunity to get into business at a low cost and work your way up in the business world. If you can create and produce a great product, word of mouth alone will bring you a lot of business.

Fixed and Variable Costs in a Restaurant

01/12/2015

Many restaurant owners and managers do not understand the difference between their fixed and variable costs.  The problem with defining the two types of costs relates to their connection with sales.  In addition, reasonable assumptions have to be [...]

Alcohol Costs – Monitor Closely

01/26/2014

In the restaurant business, alcohol is the single best margin generator.   If you are going to have a profit, this is where the money is made.  As an owner, you need to understand the value of alcohol sales and the associated costs.  This aspect [...]