Returns are often seen as the bane of a retailer’s business. The lost sales can seem expensive to allow, and it’s tempting to limit...
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Finance & Operations
Accounting, commercial leases, licenses & permits, financing, etc.
If you want to go fast, go alone. If you want to go far, go together.This old saying is relevant when it comes to small businesses....
We’re willing to bet you got into the restaurant industry because you’re passionate about food and hospitality. However, to stay...
The first year of a new business is challenging, and it’s easy to make money mistakes that could be fatal. Although the specifics...
We know it’s tricky to navigate through the murky financial waters of owning a small business. That’s why we like to tackle tough...
Balancing your cash register is not at all like balancing a checkbook.Balancing your cash drawer is as important a part of your routine...
Who run the world? Girls. Right now, 40% of businesses in the US are women-owned and by the end of today, 1,821 new ones will have...
Knowing how to conduct a break-even analysis will serve you well, particularly during times of uncertainty. It enables you to gauge...
Cash flow. It’s the lifeblood of every business and for retailers, it’s no different.But so many retailers grapple with it, in...
“Life is what happens to you while you’re busy making other plans,” John Lennon sang on one of his memorable solo tracks. Yes,...
Great food, brilliant customer service and all-round stellar dining experiences are probably why you got into restaurants in the first...
When a restaurant business is doing well, it’s understandable to want to focus on growth, sales, and sheer volume. For chefs, restaurateurs,...
For restaurants, cost of goods sold (COGS) is one of the most important things to measure. Put simply, it’s how much it costs you...
If you own or operate a restaurant, you have to take on many roles. There’s the creative side of running a restaurant, which involves...
Chances are if you’re reading this, you’re either in the process of opening a retail store or you’re an existing store owner...
We’ve all been there. Imagine it’s raining outside and you forgot your umbrella at home. You stop by a kiosk to buy a cheap $5...
Tax season is upon us! Are you ready to ace all the forms and financial documents involved?In collaboration with DAVO by Avalara, we’ve...
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