What Should Your Annual Budget Look Like
An annual budget is more than just something that should be done in the restaurant business. It is actually a necessity. Without an annual budget you do not have the ability to keep up with your profits and losses, plan for the future and see how you will afford to keep operating. Because of its importance in your 
business, you should know what having an annual budget entails. This will ensure that you do it the right way from the start and have fewer problems with it as your business really begins to thrive.
The most important thing about your budget beyond the amounts it includes is how it is broken down. If you do everything on an annual basis then it will be difficult to look at it and see how it breaks down by the month or even the week. Most restaurants opt to do their budget in sections broken down by month. This allows you to make allowances for special times like holidays when you might need more inventory, but you will also make more profit. You can plan for each month and then look at how it breaks down for the entire year. ...continue reading
4 Ways to Boost Sales in Your Pizza Shop This Summer
According to statistics, pizza shops outdo all other food establishments, with close to 400 slices of pizza being eaten a second, in North America alone. However, understandably, pizza sales tend to take a little plunge in the summer months. People are away on vacation, are looking for foods that will cool them down a bit in the heat of the day, and gather with family and friends for a barbeque in the evening. What can you, as a pizza shop owner, do to keep the money flowing in at this time of year?
Add some cooler, lighter foods to your menu, such as antipastos and summer specialty salads made with summer fruits and vegetables. Your specialty dishes should only be available in the summer months. This way, customers will be coming in for something special, something that is not available at any other time of the year, or at any other shops.
- Promotions! Promotions! Promotions! You want to promote your specialty dishes as well as other fun promotions, such as “top your own pie”, if it is not part of your menu already. This will give customers, and their families, reason to flock to your pizza shop. ...continue reading