Sunday, 29 November, 2020

Restaurant Business Planning


Any spending which is not used up in a year (your car lasts more than a year, hopefully) is called an asset. At the end of the year you still have a car to show for it.

I have taught yoga for years and this helped me maintain the discipline to stay calm under pressure. When you are feeling like you are under too much pressure, the odds are your decision-making will suffer. Remember you need a clear head to get your life back on track.

Description – this is a 200 character sales pitch for your practice. You can include a couple of keywords in here, but it should read well and not be at all “spammy”. It should attract clients, not turn them away.

Be prepared to ask and answer questions. Sometimes your customer has an idea of what they need but don’t know why. It is your job to convince them the reason they need that product or service in their life. By asking them questions you can get a better understanding of their situation. Zero in on their specific problems so you can solve them easily. Focusing on this is the quickest way to a sale.

Well like I tell my clients, understanding these three steps: Showing you’re an expert, seeing from your customer’s point of view and having an accountant. Is a great way to jumpstart immediate sales and keep your customers coming back.

It is important that you choose an accountant that has some expertise in the business that you own. For example if you import tea from India, then your accountant should be aware of how the tax laws in India work, If you work outside of the country for long periods of time it may be that your accountant will be able to get you a tax break of some kind. Explore all of your options before employing your accountant. Talk to other people who own a business, a recommendation is worth considering. Having an accountant may seem like a huge extravagance, most Accountants Soho will save you money in the long run. Taking a short term view of your business could cost you money. New ways of saving money is an accountants brief. A free consultation is only a phone call away.

The better you understand your product or service from your customer’s point of view, the more you will sale. You can achieve this by knowing your customers. I write a list of words that describes my best customers, their likes and dislikes and the product or service they often purchase. This will give you an idea of what sales and what doesn’t. It will also give you an idea to innovate or improve old products or services.

Many times you have to explain complex accounting procedures to your clients in simple language, so you better be an extrovert if you want to go high places in this field. It is also important to maintain a cordial relationship with your colleagues. Networking can take you places in the corporate accounting world.