Some of the most successful food businesses in the restaurant industry come in the form of franchised restaurants. The franchise model allows the owner of a food business (the franchisor) to grow their brand and revenue while a third party (the franchisee) undertakes the operational management of the franchised business. If your restaurant concept is…
How To
Unified Communications Security: What It Is & Why It Matters
Encryption is critical in unified communications (UC) to protect company data from being stolen or copied. Since UC solutions send information over the internet as data packets, they are vulnerable to eavesdropping techniques and local network breaches—putting your company communications system at risk. In this article, we explain why unified communications security is essential for…
How to Make a Press Kit in 8 Steps (+ Template & Examples)
A press kit, also known as a media kit, gives journalists relevant information about your business to help them with their media coverage. Making a press kit is fairly simple—all you need is your business info and high-quality media assets (e.g., logos and product photos), then you’re ready to publish and distribute your press kit….
How to Find Employees on LinkedIn
LinkedIn is a social media website built around its users’ professional networks where individuals can connect with current and former colleagues, join industry groups, and search and apply for jobs with businesses on the platform. As a small business, you can leverage LinkedIn to find employees from its captive pool of candidates. Your first step…
How to Schedule Employees
Deciding how to schedule employees requires you to be in tune with how your company operates, like knowing its busiest days and months and product sales trends. Having insight into your employees’ needs is also important. The best schedules are flexible, don’t underwork or overwork employees, maximize profits, and are published well in advance. Follow…
How to Conduct a Restaurant Financial Audit in 4 Steps
A restaurant financial audit is the process of assessing your restaurant’s financial state—including your costs, profit and loss (P&L), and anticipatory costs for any upcoming maintenance or larger purchases—most commonly and effectively done at the end of each month. Regularly auditing your restaurant ensures you meet your financial goals and helps you see what you…
How to Sell a Restaurant in 7 Steps
The restaurant industry is both gratifying and difficult to maneuver. If you have run a successful restaurant and are ready to retire, or simply have found that the restaurant industry is not for you, you might be wondering how to sell your restaurant. Whatever your reasons, selling a restaurant is a highly involved process. Use…
Beginners’ Guide to Buying a Business in 2024
The process of purchasing an existing business can be quite daunting, especially if it’s your first time. Our guide to buying a business will go over the entire process of acquiring a business—from choosing the right one and evaluating all the necessary information, to financing the purchase and closing the deal. Read on to examine…