Financial Management Essentials for Restaurants and Hospitality Businesses

Millennial small business owner calculating finance bills of activity. Female entrepreneur using digital tablet to pay invoice and taxes and to calculate financial expenses of new bar restaurant

Financial management is at the heart of any successful business, and small restaurants are no exception. In a competitive industry with tight margins, keeping a watchful eye on your finances is essential for survival and growth. This article explores the financial management essentials for small restaurants, dives into core accounting practices, and highlights the benefits…

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Can You Get a Food Franchise Under 50k?

Young female barista taking order by mobile phone and digital tablet standing behind bar counter while talking with customer on mobile phone at cafe restaurant. Owner small business concept.

Owning a fast food franchise can be one of the best ways to become a successful entrepreneur. Luckily, there are over 750,000 franchises in the United States alone. You may be thinking that it could take a lot of capital to invest in one of these franchises. What if you could invest in a food franchise for…

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Podcast: Phillip Cooper’s Blueprint for Hospitality Success

Man in gray shirt speaking with podcast host at table

In this episode of “Made in Atlanta”, hosted by Liger Chief Strategist Eric V. Holtzclaw, we chat with Phillip Cooper, the force behind Cellared Roots Hospitality. Cooper recounts his ascent from entry-level hospitality roles to owning esteemed eateries like Vin 25 in Roswell, GA. They discuss the appeal and trials of the restaurant industry, emphasizing…

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9 Ways to Improve the Customer Restaurant Experience

Group of happy friends having fun while waiter is serving them food in a pub. Focus is on waiter.

When someone asks, “Where should we go for dinner?” you want your restaurant to be everyone’s go-to spot. But how do you rise to that rank in such a crowded market? By creating a memorable, one-of-a-kind customer restaurant experience that sets your restaurant apart from the competition.  Restaurateurs must prioritize effective strategies that focus on building strong…

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Tips for Running a Successful Restaurant

a delicious looking meal at a successful restaurant

Running a successful restaurant is an intricate dance of exceptional cuisine, outstanding customer service, and spot-on management. It demands attention to detail, from the kitchen’s bustling heart to the dining room’s comforting embrace. Equally essential is how you engage with patrons beyond the dining table, keeping them connected and hungry for more. In this article,…

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Critical Mistakes People Make When Opening a Restaurant

business owners of a restaurant

Opening a restaurant is an exciting venture filled with possibilities and pitfalls that can derail even the most promising establishments. From underestimating financial requirements to neglecting customer experience, numerous mistakes can impede success.  Avoid making these critical mistakes when opening a restaurant. Lacking a Plan One of the biggest mistakes people make when opening a restaurant…

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Exploring the Ins and Outs of Running an Efficient Restaurant

a group of restaurant workers in a stand up meeting

In the bustling world of the food service industry, running an efficient restaurant goes beyond merely offering tantalizing dishes and exceptional customer service. It encompasses a comprehensive understanding of various operational elements and the seamless integration of these components. From managing the kitchen to collaborating with a beverage distributor, every aspect contributes to the smooth…

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4 Ways To Improve the Customer Experience in Your Restaurant

a restaurant team having a meeting

Maybe people come for the food but stay for the atmosphere. Restaurant owners strive to keep a steady stream of customers flowing in and out of their place. Once you’ve gained a crowd, you always want to retain them. Customers keep your business afloat, so you need to give them something to enjoy and look…

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