Finance & Operations

As a US based retailer, you already have to manage high turnover and the challenges that come with running payroll for hourly or minimum...

Access to capital is one of the biggest barriers small businesses face when looking to implement growth strategies. That’s why it’s...

We know it’s tricky to navigate through the murky financial waters of owning a small business. That’s why we like to tackle tough...

 The restaurant industry is not for the faint of heart. While passion is the spark that inspires restaurateurs to pursue their dreams,...

Finally, your shipment arrived from the wholesalers! To the owner of an independent retail store, a new batch of wholesale inventory...

Balancing your cash register is not at all like balancing a checkbook.Balancing your cash drawer is as important a part of your routine...

Who run the world? Girls. Right now, 40% of businesses in the US are women-owned and by the end of today, 1,821 new ones will have...

Pricing is one of the most important activities for retailers.But it can often feel like guesswork. That’s because pricing is tied...

Cash flow. It’s the lifeblood of every business and for retailers, it’s no different.But so many retailers grapple with it, in...

“Life is what happens to you while you’re busy making other plans,” John Lennon sang on one of his memorable solo tracks. Yes,...

Great food, brilliant customer service and all-round stellar dining experiences are probably why you got into restaurants in the first...

From struggling to move goods across disrupted supply chains to having to shut physical stores for long periods, retailers face a business...

When a restaurant business is doing well, it’s understandable to want to focus on growth, sales, and sheer volume. For chefs, restaurateurs,...

Breaking even is top of mind for many retailers grappling with the business effects of COVID-19.So it’s good to get a grasp on what...

In a recent article, we delved into the relationship between costs and sales and how knowing your gross profit margin is key to retail...

For restaurants, cost of goods sold (COGS) is one of the most important things to measure. Put simply, it’s how much it costs you...

The relationship between your costs and sales is key to running a profitable business. One of the key metrics you should monitor is...

If you own or operate a restaurant, you have to take on many roles. There’s the creative side of running a restaurant, which involves...

Owning a restaurant is a dream for many businesspeople. Yet, the day-to-day costs of opening and running a restaurant can make owners...

Chances are if you’re reading this, you’re either in the process of opening a retail store or you’re an existing store owner...

We’ve all been there. Imagine it’s raining outside and you forgot your umbrella at home. You stop by a kiosk to buy a cheap $5...