Cash management for retailers is often a manual process and can expose stores to risk of loss or theft. Advanced smart safe hardware devices allow retailers to automate cash handling, reduce risks to the store and increase overall profitability.
Executives from 17 countries gathered in London for the 2017 Restaurant Franchising & Innovation Summit — Europe last week. The event, produced by Networld Media Group, provided the opportunity for more than 100 restaurant leaders to share advice, success stories and discuss how they moved on from failure.
Understanding the applicability of sound business practices such as cash flow management, benchmarked gross profit margins or salaries to scale can be just as important to the success of a restaurant as the food it serves. Given this, here are five points every restaurateur should consider when starting a new restaurant.
In a business that demands a steady and relatively liquid cash flow, leasing equipment can make a lot of sense. Here are five tips to help you decide what equipment to lease and how to prepare for the deal.
Global growth potential is off the charts for food service, especially for concepts that revolve around limited service. These five areas show the greatest potential, according to research by Euromonitor International.
Entrepreneurs from Burgers n’ Fries Forever, Sweet Lorraine’s Fabulous Mac n’ Cheez and Pincho Factory pitched concepts to a panel of distinguished investors and consultants who provided professional advice.
Pizza Inn Holdings Inc., the parent company of Pie Five Pizza Co. and Pizza Inn, has announced that it is changing its name to RAVE Restaurant Group Inc., reflecting the company's transition to a multi-brand group.