This is a PSA for those food entrepreneurs trying to finance their ventures, whether you’re established, starting up, or still dreaming: there’s funding out there, waiting for you to find it.
Anyone who works in the food industry knows the expression: “Garbage in, garbage out.” For those that are unfamiliar, it means: The quality of your end product will only be as the ingredients you put in. If you use mediocre …
Business owners need to know a few basic terms for evaluating the health of their business: Revenue (how much money you earn), Cost of Sales (cost of the product you are selling) and Net Income (what’s left after you pay …
Every month chefs hunker down in the walk-in refrigerator and dry-storage room to count what’s on hand. It’s not a particularly pleasant task and, unfortunately, it’s often put off until the end of a long Saturday night when the all …
I started working with a new client last week who wants to re-energize his business. In our initial meeting, I asked him his goals for the strategic audit. He replied, “I want to make a profit.” I responded, “How will …
Samantha’s (the name has been masked, as the company was recently sold to a new owner) was a local food service company with retail cafes in the financial district of Boston. They catered to the lunch-time crowd with salads, soups …