Planning has always been a critical component of a business. However, there is a misconception regarding contingency planning. Although to successfully run and manage a business you will need both a business plan and a contingency plan, contingency planning is frequently “forgotten” or even worse, ignored. One of the challenges I face as business contingency […]
Restaurants and technology…a blessing and a curse!
One common issue restaurant owners face is technology failure. It has nothing to do with you, that’s the nature of technology, it is never 100% reliable. That’s why sometimes it is a curse and you will need to plan for it, because it will happen. For example about six months ago, I visited a McDonalds […]
Reason why your business will lose money in 2017…what to do about it?
I am not a crystal ball reader, nor a prophet but, even without knowing what kind of business you own and run I can certainly tell you, YOU will LOSE MONEY in 2017. The good news is that you can do something about this. As business owners, we are so busy working for and on […]