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.’
Having a detailed twelve period budget provides a restaurateur with a financial model that provides terrific insights into one’s business. Edward Levine, CEO of Vine Solutions, Inc. and principal partner of the Left Bank Brasseries shares his insights into why he believes in budgets and what a restaurant owner needs to look for in developing one.
Share our Strength is a national organization who is working to make sure that no child grows up hungry in America. From September, 20-26, you can participate in Share our Strength’s Great American Dine Out by dining at any of the participting restaurants to help support this worthy cause.
The SF Gate ran an article, The Price is high when taste comes first, on August 30, 2009. The story, written by Eccolo’s Sous Chef, Samin Nosrat, detailed the struggles that Eccolo’s management team encountered when trying to maintain a profitable business while also staying true to their principles of maintaining the best quality in their food. David Gray, a Financial and Operational Consultant with over 22 years of Restaurant Operations experience details his thoughts on maintaining the balance between food quality and the business of running a restaurant.
Summer is ending, and the holiday season is right around the corner. What does this mean? Start training your staff on selling those gift cards! The National Restaurant Association estimates that many non-chain restaurants ring up as much as 25 percent of their annual sales between Thanksgiving and Christmas, and much of these sales are from Gift Cards.
