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 […]
Continue readingBy 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, […]
Continue readingBy 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 […]
Continue readingBy 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 […]
Continue readingBy 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 […]
Continue readingBy 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 […]
Continue readingBy Massimo Montone | Accounts & Financial Support , Operations , Restaurant Consultant , Start up
The Basics of Restaurant ManagementRestaurant managers can achieve their goals by implementing effective strategies and hiring the right staff for their operations. These are the basics of restaurant management. Managing a restaurant entails many different duties and activities. Effective restaurant management strategies aim to meet customers’ needs while maintaining efficient and sustainable operations.If you are […]
Continue readingBy Massimo Montone | Accounts & Financial Support , Human Resources , Operations , Restaurant Consultant
Hospitality Support, VAT Reduced to 5% Plus 50% Customer DiscountMr Sunak said the move will benefit accommodation in hotels, B&Bs, campsites and caravan sites, while attractions such as cinemas, theme parks and zoos will also see the tax cut.The temporary VAT cut does not include alcoholic drinks, the Treasury’s “plan for jobs” document said.Mr Sunak […]
Continue readingBy Massimo Gioiella | Accounts & Financial Support , Restaurant Consultant
How to access the coronavirus business interruption loan schemeThe Government’s announcement of measures to support businesses affected by the Coronavirus [23 March 2020] was welcome news. The introduction of the Coronavirus Business Interruption Scheme (CBILS) is designed to help sole traders and Small and Medium Enterprises (SMEs) access finance of up to £5 million.Unsurprisingly, lenders […]
Continue readingBy Massimo Gioiella | Accounts & Financial Support , Restaurant Consultant
Finance option to start my own restaurant business So you want to start your own restaurant business but your worried you cant raise the finance you need to set your business up, if so this article is for you. I will cover the different options that you may want to think about where you can get […]
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