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RESTAURANT BUSINESS FINANCING
April 12th at 9:04pm
To help you with your financing options, take a look at 12 ways to get financing to start a new restaurant. #1: Investors Your first option for funding is finding investors to give you the money to open your business #2: Loans from Friends and Family If your friends and family are completely on-board with your restaurant concept and helping you succeed, friends and family funding can be helpful. #3: SBA Loans The US Small Business Association (SBA) offers funding to new small businesses such as your restaurant. #4: Bank Loans Most restaurant owners get financing through funding from their local bank.…
HOW TO CREATE A BRAND
March 15th at 11:37pm
With millions, if not billions, of businesses trying to make a name for themselves, having a strong brand has become crucial for businesses to differentiate themselves from their competitors. If you’re working to develop your first brand identity for a client, or you’re doing this for your own business, it’s important to first understand what a brand is and what it takes to create one. See important check list for your business in order to create the right image and brand: Determine your brand’s target audience.Establish a brand mission statement.Research brands within your industry niche.Outline the key qualities and benefits…
PROTECT YOUR BUSINESS AGAINST FRAUD
January 29th at 10:16pm
Smaller firms, unfortunately, can be highly susceptible to incidents of fraud. Here’s some advice on protecting your company and instituting a policy to prevent external (and internal) theft. For small and mid-sized businesses, the vulnerability to fraud can be compounded because of the sometimes informal nature and the fact that fewer staff members can result in less oversight — and a lack of checks and balances. 5 Business Fraud Prevention Tips Protect your bank accounts. If you haven’t created separate bank and credit card accounts for your personal life and business, do so now. Safeguard your computer systems. Hackers are…