11 Best Practices and Tips for Your Restaurant’s Cash Flow

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.

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10 “Good” Restaurant Strategies that Can Harm Your Business

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.

Top 10 Profitable Lessons from Fast Food Chains

Fast food chains are a common reference for F&B Consultants when they are giving success tips to start-ups or businesses. The food chains can teach your brand a few things about how to be successful in an economy that has cut-throat competition among businesses in the same industry.

But why is the food chain industry booming?

To succeed in the fast-moving industry, the mastery of a different set of parameters is required unlike those in the fine-dining sector. Clients in this industry are looking for predictability, affordability, convenience and speed rather than a memorable eating experience.