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Category Archives for "Accounts & Financial Support"

New eBook Reveals How To Successfully Open A Restaurant… Free E-Book!

Planning Your Restaurant Budget: Tips and Tricks

By Massimo Montone | Accounts & Financial Support , Restaurant Consultant

Restaurant budget planning

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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The Basics of Restaurant Management

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

Restaurant managers are responsible for many different duties

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

Eat Out to Help Out, London, United Kingdom | Restaurant Keys

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

Massimo Gioiella | Restaurant Keys Accountant

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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