Category Archives for "Accounts & Financial Support"

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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The Basics of Restaurant Management

By 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 […]

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Hospitality support, VAT reduced to 5% plus 50% customer discount

By 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 […]

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How to access the Coronavirus Business Interruption Loan Scheme

By 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 […]

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