Finance http://restaurant-hospitality.com/taxonomy/term/6608/more en Operators have new option for retirement savings http://restaurant-hospitality.com/finance/operators-have-new-option-retirement-savings <div class="field-byline"> Richard Ludlow </div> <div class="field-deck"> Small business owners now have access to affordable retirement accounts through the U.S. Treasury Department. </div> <div class="node-body article-body">Small business owners now have access to affordable retirement accounts through the U.S. Treasury Department.</div> <p><a href="http://restaurant-hospitality.com/finance/operators-have-new-option-retirement-savings" target="_blank">read more</a></p> http://restaurant-hospitality.com/finance/operators-have-new-option-retirement-savings#comments Finance Wed, 24 Aug 2016 15:26:00 +0000 57101 at http://restaurant-hospitality.com <p>The myRA program allows workers to save at any level that suits their income and financial situation.</p> Thinkstock 5 things millennials should know before buying a restaurant http://restaurant-hospitality.com/finance/5-things-millennials-should-know-buying-restaurant <div class="field-byline"> Bob House </div> <div class="field-deck"> Often first-time buyers, younger entrepreneurs need to get their house in order before shopping. </div> <div class="node-body article-body">Often first-time buyers, younger entrepreneurs need to get their house in order before shopping.</div> <p><a href="http://restaurant-hospitality.com/finance/5-things-millennials-should-know-buying-restaurant" target="_blank">read more</a></p> http://restaurant-hospitality.com/finance/5-things-millennials-should-know-buying-restaurant#comments Finance Tue, 09 Aug 2016 20:12:00 +0000 56771 at http://restaurant-hospitality.com <p>Shopping for a restaurant? Prepare to roll up your sleeves.</p> Thinkstock 5 crucial steps in preparing for a sale http://restaurant-hospitality.com/how/5-crucial-steps-preparing-sale <div class="field-byline"> Tim Watt and Kelly Grimes </div> <div class="node-body article-body">Selling a restaurant is a complex process. Here’s what you need to consider first.</div> <p><a href="http://restaurant-hospitality.com/how/5-crucial-steps-preparing-sale" target="_blank">read more</a></p> http://restaurant-hospitality.com/how/5-crucial-steps-preparing-sale#comments Management Finance Wed, 03 Aug 2016 15:47:00 +0000 56571 at http://restaurant-hospitality.com <p>Accurate, detailed records are always a good idea, especially when it comes time to sell a business.</p> Thinkstock How to maximize your leverage when leasing http://restaurant-hospitality.com/finance/how-maximize-your-leverage-when-leasing <div class="field-byline"> Jill Johnson </div> <div class="field-deck"> In many cases the momentum remains in tenants' favor. Here are five ways restaurants can strike a sweeter deal. </div> <div class="node-body article-body">In many cases the momentum remains in tenants' favor. Here are five ways restaurants can strike a sweeter deal.</div> <p><a href="http://restaurant-hospitality.com/finance/how-maximize-your-leverage-when-leasing" target="_blank">read more</a></p> http://restaurant-hospitality.com/finance/how-maximize-your-leverage-when-leasing#comments Finance Mon, 01 Aug 2016 15:57:00 +0000 56461 at http://restaurant-hospitality.com <p>It pays to negotiate items on your wish list before signing a long-term commitment.</p> Thinkstock Are you paying too much for credit card processing? http://restaurant-hospitality.com/finance/are-you-paying-too-much-credit-card-processing <div class="field-byline"> Suneera Madhani </div> <div class="field-deck"> The answer, probably, is yes. Here’s how you can—and should—take steps to lower your rates. </div> <div class="node-body article-body">Many restaurant operators are over-paying for credit and debit card processing fees. Here are the ways to lower this expense.</div> <p><a href="http://restaurant-hospitality.com/finance/are-you-paying-too-much-credit-card-processing" target="_blank">read more</a></p> http://restaurant-hospitality.com/finance/are-you-paying-too-much-credit-card-processing#comments Finance Mon, 25 Jul 2016 15:00:00 +0000 56101 at http://restaurant-hospitality.com <p>Every restaurant owner knows that those little fees add up quickly.</p> Thinkstock 3 steps to get ready for a sale http://restaurant-hospitality.com/finance/3-steps-get-ready-sale <div class="field-byline"> Mel Jones </div> <div class="field-deck"> Every restaurant owner decides to sell the business at some point. These three strategies will help ensure top dollar. </div> <div class="node-body article-body">Every restaurant owner decides to sell the business at some point. These three strategies will help ensure top dollar.</div> <p><a href="http://restaurant-hospitality.com/finance/3-steps-get-ready-sale" target="_blank">read more</a></p> http://restaurant-hospitality.com/finance/3-steps-get-ready-sale#comments Finance Wed, 06 Jul 2016 13:45:00 +0000 55641 at http://restaurant-hospitality.com <p>In preparing for a sale, make sure your books are in top shape.</p> Thinkstock Update: food cost climate continues to improve http://restaurant-hospitality.com/food-trends/update-food-cost-climate-continues-improve <div class="field-deck"> Now might be a good time to stock up on some pricey ingredients. </div> <div class="node-body article-body">Earlier forecasts that predicted highly favorable wholesale food pricing throughout 2016 may have understated the case.</div> <p><a href="http://restaurant-hospitality.com/food-trends/update-food-cost-climate-continues-improve" target="_blank">read more</a></p> http://restaurant-hospitality.com/food-trends/update-food-cost-climate-continues-improve#comments Food Trends Finance Mon, 27 Jun 2016 14:30:00 +0000 55511 at http://restaurant-hospitality.com <p>Good news for pizza sellers: The price of cheese is expected to drop six percent this year.</p> Getty Images 5 moves to cut costs without trimming labor http://restaurant-hospitality.com/finance/5-moves-cut-costs-without-trimming-labor <div class="field-byline"> David Scott Peters </div> <div class="field-deck"> All those little expenses add up to lost profit. Here’s how to rein some of them in. </div> <div class="node-body article-body">Restaurants incur many operating expenses that cut into profits. Here’s how to rein some of them in.</div> <p><a href="http://restaurant-hospitality.com/finance/5-moves-cut-costs-without-trimming-labor" target="_blank">read more</a></p> http://restaurant-hospitality.com/finance/5-moves-cut-costs-without-trimming-labor#comments Finance Tue, 31 May 2016 14:01:00 +0000 54951 at http://restaurant-hospitality.com <p>Credit card processing fees are just one of many expenses that operators should scrutinize.</p> Have you checked your profits lately? Part 2 http://restaurant-hospitality.com/blog/have-you-checked-your-profits-lately-part-2 <div class="node-body blog-body">How to stay busy with catering jobs year-round</div> <p><a href="http://restaurant-hospitality.com/blog/have-you-checked-your-profits-lately-part-2" target="_blank">read more</a></p> http://restaurant-hospitality.com/blog/have-you-checked-your-profits-lately-part-2#comments Guest Columns Finance The Dish on Catering Tue, 26 Apr 2016 14:55:00 +0000 53871 at http://restaurant-hospitality.com 9 things to know about business credit http://restaurant-hospitality.com/finance/9-things-know-about-business-credit <div class="field-deck"> Used correctly, business credit is one of your greatest assets. Here's how to make sure your credit keeps working for you. </div> <div class="node-body article-body">Used correctly, business credit is one of your restaurant's greatest assets. Here's how to make sure your credit keeps working for you. </div> <p><a href="http://restaurant-hospitality.com/finance/9-things-know-about-business-credit" target="_blank">read more</a></p> http://restaurant-hospitality.com/finance/9-things-know-about-business-credit#comments Finance Mon, 25 Apr 2016 15:09:00 +0000 53821 at http://restaurant-hospitality.com <p>Following a handful of good practices will keep help maintain healthy credit.</p> Thinkstock