by Howard Cannon | Jan 31, 2019 | Articles
A venture capital firm is a professionally managed pool of funds that comes from multiple investors, including individuals and institutional resources. It is usually set up as a limited partnership, and the money is invested on behalf of the firm. Venture capitalists...
by Howard Cannon | Jan 17, 2019 | Articles
Managing Your Restaurant Risks Understanding the risks you face Putting risk management in proper perspective Writing policies and procedures for your business Enforcing policies and procedures Learning to love insurance Understanding the four biggest risk factors...
by Howard Cannon | Jan 8, 2019 | Articles
The Least You Need to Know Controlling cash is a must if you want to be successful. Keeping track of the numbers yourself is a necessary step to understanding the business. Hire a reputable accountant, and if you don’t understand a tax or accounting term, ask him or...
by Howard Cannon | Dec 21, 2018 | Articles
A Typical Legal Process for Building a Restaurant The process for building a restaurant usually includes these steps: Check with the zoning board to ensure that the zoning at your proposed location allows a restaurant. If it doesn’t, don’t panic. Zoning restrictions...
by Howard Cannon | Dec 20, 2018 | Articles
How about finding a partner, maybe two? Partnerships have been the backbone of many great restaurant companies. Some of the biggest names in the business started as partnerships. Like most everything in business, building a partnership has some upsides and downsides....
by Howard Cannon | Dec 18, 2018 | Articles
About 11 million people work in the restaurant industry in the United States, which makes the industry the second largest employer in the country behind the federal government. As you’ll learn when you start your restaurant, these folks have a tendency to change jobs....