With the New Year gaining fast momentum, many restaurateurs are utilizing 2010 to implement significant changes to soften their bottom line.  In years prior, restaurant owners may have been more inclined to purchase without searching for savings; vendors, food choices, equipment purchases, and even things such as rent. However, with the influx of the economic downturn, such [...]

The Holiday season means many things to many people, but for restaurateurs it is all about hosting the Holiday Party!  Hosting Holiday parties at your restaurant can be a fantastic way to boost both your brand and your cash flow.  However, in order to reap the financial rewards you must be sure to manage these [...]

With the current economic conditions, the restaurant industry has been struggling with declining check averages and high commodity prices, especially the fine dining business. So how can a restaurateur balance the desire to serve the best cuisine while also maintaining a tightly run restaurant? The most important thing to remember as a restaurat owner, is that you are first and foremost a buisness operation that is in need of strong financial management.

Many times restaurants have fantastic food and high guest counts, but suffer because of poor financial oversight. Operators have found that there are many accounting services specifically dedicated to the restaurant industry which help to efficiently manage the financial aspects of their restaurant so they can put their focus back on the food and guest experience.

 
Restaurants are always looking for new ways to offset the rising costs of operations.  However, one of the best ways, and many times overlooked, is to provide a catering option for your restaurant.  Catering can be a profitable venture if done correctly.  You have a confirmed head count and confirmed dollars spent, a sort of [...]

You may have thought it was just a fad, but the fact is that Twitter seems to be a new media source that is going to be around for awhile.  However, for the restaurant business, this may be a good thing.  Twitter has found a new way to provide customer interaction and has provided a [...]

If you have recently received a notice from the Annual Filing Division for a Statement of Information, please verify that it is legitimate.  Recently there has been a number of these solicitation letters sent out to California business owners requesting an additional fee to be sent in order for the Limited Liability Company to file [...]

Vine Solutions Clients: It’s time to start thinking about your 2010 budgets. After the completion of the October P&L’s, Vine Solutions will begin the budgeting process for our clients. Please read this article, which will give you a general process/timeline for the 2010 budget cycle.

With the upcoming flu season and the potential spread of the H1N1, ‘Swine’ Flu this fall, restaurants need to start acting now to prevent any potential spread of the illness to your establishment. Are you prepared?

Restaurants of today cannot rely on foot traffic alone to sustain the clientele needed for a successful business. Now may be the ideal time to look into creating a Member Rewards Program to gain a strong repeat client base while also rewarding those customers who may soon become your ‘regulars.’