Tag: Restaurant Value
Times To Know The Value of Your Business
In my work with my clients, one of the most common questions we get is: How much is my business worth? With our practice at Creative Financial Group, we are able to call on the experience and insights of a number of industry professionals, I found the insight of...
Bankruptcy: A Lifeline for Restaurants
With the pandemic impacting small businesses, especially those in the food industry who have seen supply lines disrupted and have faced difficulty in retaining staff. Many of these businesses have yet to recover from the economic shutdowns from the pandemic. While many businesses have...
Fall Is Coming – THINK AHEAD!
The biggest concern is the double whammy of COVID hitting in the Fall along with Influenza season. They don’t know how these two will play together in the population. Will the second wave of COVID combined with the flu close us down even harder?
How To Assess Your Restaurant’s Business Health and Avoid Bankruptcy
Ninety-five percent of restaurants are vulnerable to bankruptcy and gross inefficiencies. Why? Because so many owners continue to wake up without knowing the actual health of their business. This pandemic has become a rude awakening for millions of business owners.
Facts and Fears: The Financial Storm Ahead
As a business owner, I wanted to warn others of the potential danger while preaching caution and cash retention. Experience through numerous downturns taught me the bottom would fall out of the economy because I believed the claims of a solid economy were...
Disaster Recovery in a Financial Meltdown
Even for those of us that were sounding economic alarm bells over the past couple of years, no one expected anything quite like the devastation from the COVID-19 global pandemic. Here are my general financial disaster recovery recommendations to all...
4 Crucial Elements When Choosing A Restaurant Location
Location location location! You've probably heard this tune before. Experienced brick & mortar owners love to sing this tune when asked for advice by newer business owners. They spout that song so regularly because location matters a lot.
Catastrophic Events and Access to Capital
Hindsight is always 20/20 and unfortunately, we can’t turn the clock back to prepare for these things. Finding access to capital in the midst of a catastrophic events is difficult but not impossible. Here’s a summary of your restaurant's options...
