The Financial Analysis section of a restaurant business plan consists of pro forma (projected) financial statements for the business. Before creating these statements, consideration must be paid to these three key concepts: Capital ExpendituresLikely the most pertinent portion of the Financial Analysis section will be the statement of how much capital the restaurant will need in order start the venture. The trouble is that too conservative of a...more
Catering entrepreneurs make a number of mistakes in their business. The results range from company failure to depressing revenues or increase costs dramatically. These are three mistakes that are specific to the catering business.Working in an Unlicensed KitchenIt is illegal to run a catering business out of just any kitchen, and certainly out of a home kitchen. While you may not run into trouble at first, or even for a long time, if someone...more
Starting a photo studio entails the creation of a business plan to sell the idea to lenders, investors, and other types of partners. Three key choices that you must make within this plan are the design of your space, your equipment needs, and the division of labor.Studio DesignAlthough the design of your space may be somewhat constrained by the specific rental spaces you find available, you do have a great deal of control over the finishing and renovation of your studio. A flexible studio with a neutral look will make it possible to serve a wider variety of clients. However, zeroing in on a look more attractive to corporate clients, for example, may make it easier to compete as a location for product shoots. To that end, the design must tie in with your marketing strategy which, in turn, relies on the opportunities you found in the market in your research and the expertise you and your team bring to the business. Equipment NeedsThe equipment you purchase should also be tailored specifically to the type of services you will offer, as well as to the capacity of your studio. If you will have only one photo team on assignment at a time, purchasing a first set of equipment (tripods,...more
To start a bar business you have to think hard about the management team, write a compelling business plan, and find the required funding. Management Team Who will be the management of your bar from its planning and launch phase to its regular operations? If you do not have all of the needed skills or experience, consider whether you can hire...more
(1888PressRelease) BH Publishing LLC owner, William C. Holm, announced today that their flagship website, Your World Outdoors.Com will down-size and refocus its target market. BH Publishing will also be starting up a new niche website catering to wilderness campers.Minneapolis-St. Paul, MN-WI - Publisher & Editor, William C. Holm, announced today...more
Author: rickyAre you wondering why your house does not get a closer look? Are you tired of seeing your house lose out on precious dollar value which it cannot seem to gain despite the reconstruction of real estate prices? Well, one of the major reasons for this might be your pool. Of course, you might be wondering what is so great about a measly piece of water body. But do you know the beauty of your pool can pick up your house resale value in a jiffy? A great looking pool would surely add to the market value of any house. A lot of people love looking at a sexy, cool pool which adds to the visuals of the house immensely. So what are the things you should be looking out for to maintain a great pool in your house? The answer is simple. This is a checklist you can follow: 1. Making sure the water is changed regularly. Murky water is a serious turn-off for many people.2. Going for a serious bit of pool resurfacing every once in a while. Remember, if you spend a bit of money and resurface your pool at regular intervals, you run the risk of a cracked, dirty pool a lot less than most.3. Maintaining a thick coat of pool coating that would help make the water look clearer...more
Many businesses out there are very professional. They have professional dress codes. They want to present an image and not have the general public think they are just some ordinary company. Say you want to relax the dress code for a day, maybe...more
An LLP or a Limited Liability Partnership is quite comparable to a standard partnership except that the individual members have lower or limited liabilities to any debts that arise from the running of the business. In a nutshell, LLP offers the...more
There are many banks out there and if you have a business, you want to make sure the one you choose offers the best business banking. What constitutes the best business banking and how do you find out which bank is the absolute best for your business...more
In order to arrive at the best possible solution when it comes to shipping cases, custom cases and other durable packaging designs, understanding the basics about the types of constructions that are used can help a lot. These days, many different...more
Web directories are a popular way of finding required service providers online. These have widely been used for buying and selling products and services since a long time. Web directories are broadly classified into two categories namely:General...more
Chula Vista region in California has been a favorite destination with vacationers and honeymooners as the city engulfs something or the other for all. It hosts variety of entertainment and activities to keep the tourists keep pouring in round the...more