Is your Restaurant Profitable?

Curious to know if a new restaurant will be profitable?  Take annual sales & divide by the total square feet of the restaurant (including the kitchen, dining room, storage areas & restrooms).  Because sales per square foot is the most reliable indicator of the potential profitability of a restaurant, you should crunch these numbers sooner rather than later. Here’s the formula (hello 8th-grade Algebra!): Sales per square foot = Annual Sales/Square…  Read more

New payment methods to consider in 2018

  A new year is the perfect time for business owners to set goals to improve profitability. If you aren’t yet familiar with digital wallets and the latest mobile payment technologies, you might be interested in the benefits they afford small businesses, such as: instant access to funds and real time financial data cost savings on third party transaction fees and POS systems competitive edge—making it easy for customers to…  Read more

Using Software to Save Time and Increase Profitability

Are you using software in your business to save time?  If you aren’t yet, now is a good time to start.  Lots of different software programs exist that help businesses save time and organize their important business documents.  Take advantage! Bill.com is one type of software that can help you in a particular time-sucking activity – bill-paying.  Businesses regularly receive invoices and bills from vendors on a monthly, weekly or…  Read more

Quickbooks Online Challenge

Welcome to the QBO challenge!  Are you a small business owner working in Quickbooks Online?  Do you know there are features you aren’t using, but wish you were?  Do you want to learn more about how Quickbooks Online can increase your productivity and help you streamline your bookkeeping? You’ve come to the right place!  Join the challenge to learn new tips and tricks that will help you work with the…  Read more

Paper revolution

There is a revolution going on with paper! It is being used less and less. Anyone who has been in my office knows that i have three large computer monitors. These replace paper for me. And I am learning to use paper even less. In operating a business, there is a lot of paper we have to deal with. Invoices, payment receipts, and the list goes on. Then it all…  Read more

Want to grow your business? Our Free Resources will Help