The next steps to take
3. It’s time to be the numbers person. You may tout a persuasive economic model, but sellers need to know what revenue and cost numbers really represent. What’s the impact of seasonality? Were there sales spikes from online daily deal participation, such as Groupon and LivingSocial, or are these offers scheduled? Internet coupons are treated as gift cards under some state laws, meaning that restaurants may be required to redeem the coupons long after their expiration date. ...
Register to view this article
Why Register for FREE?
Registering for Premium Content on Restaurant Hospitality will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.