Category Archives for "Accounts & Financial Support"

How to Open a Restaurant When You Are Broke?

By Massimo Montone | Accounts & Financial Support , Restaurant Consultant , Start up

Managing any business with limited funding can be a challenge. However, it can be an especially daunting task in the restaurant industry where profit margins are already slim and the flow of customers tends to be seasonal.Despite these difficulties, many business owners do manage to successfully start restaurants with the limited funds at their disposal. […]

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Essential Guide on How to Get a Business Loan to Open a Restaurant?

By Massimo Montone | Accounts & Financial Support , Restaurant Consultant

Unless you have been blessed with an inheritance or have enough saved up, you will need to get a business loan to open your cafe, takeout, fine dining restaurant, etc. Restaurant financing can get complicated if you do not have funds to take care of emergencies, pay staff, buy inventory etc.Why You Need Restaurant Financing?In […]

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5 Restaurant Financing Tips to Keep Your Costs Low

By Massimo Montone | Accounts & Financial Support , Restaurant Consultant

Its basic Econ 101, the lower the costs, the higher the profits. This goal is what every profit-oriented business venture strives towards. It allows for growth, improvement, and the ticket to the Bahamas – the vacation you have had on your bucket list for a while.But what are the aspects to keep in mind and […]

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How to Finance a Restaurant Business in the UK

By Massimo Montone | Accounts & Financial Support , Restaurant Consultant

Your labour of love needs a lot more planning and resources that you’d imagine. You may have read and applied all the steps needed to open a restaurant in London, but there is one key ingredient that requires further guidance.This ingredient is finance. It is the key without which all locks remain closed and inaccessible. […]

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9 Steps to Pitch a Restaurant Idea to Investors

By Massimo Montone | Accounts & Financial Support , Restaurant Consultant

9 Steps to Pitch a Restaurant Idea to InvestorsAn idea for a restaurant may look and sound really good on paper, but do you have what it takes to acquire funding? Read the 9 steps to pitch a restaurant idea to investors. It is a business at the end of the day, and if you don’t […]

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Planning Your Restaurant Budget: Tips and Tricks

By Massimo Montone | Accounts & Financial Support , Restaurant Consultant

Planning Your Restaurant Budget: Tips and TricksRunning a restaurant can be challenging to say the least. Especially if you have just started out and are struggling to get the complicated restaurant financing right. With unexpected costs arising time and again with frequent dips in revenue, reaching a balance and breakeven point can be frustrating. However, […]

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8 Ways to Cut Operation Costs at Your Restaurant

By Massimo Montone | Accounts & Financial Support , Restaurant Consultant

8 Ways to Cut Operation Costs at Your RestaurantRunning a restaurant successfully in these modern times can be a challenging task. Businesses in the hospitality industry often operate with very slim profit margins. For this reason, restaurant managers need to find ways to minimize their operation costs. Restaurants can save thousands of pounds each year […]

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How to Write a Restaurant Business Plan

By Massimo Montone | Accounts & Financial Support , Restaurant Consultant , Start up

How to Write a Restaurant Business PlanEverything in life needs planning. Whether it’s a small birthday party or constructing a building, each task needs to have some sort of a blueprint.  Even experts who have been in a field for a certain amount of time agree that having a plan in hand gives you a little […]

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Costs to Expect When Starting a Restaurant in the UK

By Massimo Montone | Accounts & Financial Support , Restaurant Consultant , Start up

Costs to Expect When Starting a Restaurant in the UKStarting a new restaurant in the UK can be an excellent business venture and investment. However, there are several types of costs that you must be aware of so that you can plan your restaurant financing appropriately. With the right knowledge, you can budget your business […]

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7 Tips to Manage Restaurant Finances in 2021

By Massimo Montone | Accounts & Financial Support , Operations , Restaurant Consultant , Start up

7 Tips to Manage Restaurant Finances in 2021 One of the most challenging aspects of running a restaurant is managing your finances. After all, your ability to keep things up and running will depend on the business’s available finances. Your finances need to be in order to ensure you can pay rent, staff, suppliers, and […]

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