As we approach the end of the year, many F&B businesses are already getting concerned about consistent cash flow issues. When it comes to keeping a business running, cash is king. When cash is poorly managed, the business will grind to a halt. Managing restaurant cash flow can be tricky, especially if you have some other demanding issues that you have to attend to. Here are some of the best practices and tips to solve your most challenging cash flow concerns.

Restaurant businesses come up with different strategies to reach their goals, get good ROI, footfall, etc, but somehow, things don’t seem to work out. This could be because they are making or overlooking some mistakes that are hurting the business. If you are new in this business, you need a restaurant strategy with specific goals and objectives that are customer-centred to drive revenue. Some strategies may seem good on the surface but they are not entirely profitable. Let’s have a look at these types of strategies.