Restaurant ownership is a dream for many people. Whether by starting your restaurant or purchasing an existing business, owning a restaurant is a significant investment. In many ways, buying a restaurant can be more complicated than opening a new one from the ground up. New restaurants face different challenges and disadvantages than existing restaurants. …
How To Decide If You Should Purchase A Restaurant Read More »
In our line of work, we’ve seen it more than a few times – a business gets old, it gets stale, and the passion that created it has waned. Someone who started out as a young professional operates for years and years, gets older and tired of the job, but stays in it anyway. …
For many people, starting their own restaurant is a lifelong dream that very few are lucky enough to see become a reality. However, oftentimes restaurant dreams can quickly become stressful, money-bleeding nightmares as expensive restaurant investments fail to spin profits. Whether or not a restaurant succeeds or fails can almost seem like pure dumb …
Three Reasons Why Restaurants Fail: Key Mistakes to Avoid Read More »
At Emerald Coast, we know restaurants. We help restaurant owners and business leaders in the foodservice industry with selling, starting a business, and managing finances. We essentially help with the entire lifecycle of a restaurant business, which, as many people know, takes a lot of work. We can see from reality TV and actual roles …
What does it mean to offer a comprehensive assessment in terms of supporting a restaurant or food service business? At Emerald Coast Restaurant Consulting, we know a lot about this process. We are actively engaged in helping our clients to get the deep analysis and insights that they need to streamline operations, stay competitive …
Emerald Coast Restaurant Consulting: Restaurant Operation Assessments Read More »
Around the country, restaurant owners are handling the ups and downs of keeping their business open while in a pandemic. Some are open with outdoor seating options, some are allowed minimal indoor seating, and others are sticking with takeout only. Whatever your level of openness is right now, we have a few tips for you …
Preparing Your Restaurant for Reopening During the Pandemic Read More »
The food service industry was among the hardest hit by the COVID-19 pandemic. Nearly 17% of the restaurants in the United States closed in 2021. In most states, restaurants have to abide by occupancy restrictions. There are some areas where restaurants can only operate at 25% capacity. If you are looking at 2021 as your …
Opening a business is a monumental task. While creating a business may seem straightforward on paper, in actuality, it is a complex process that can be full of many unforeseen pitfalls. Many people don’t know where to start when deciding what kind of business to open, leaving them to give up on their dreams of …
Listen, we know that restaurant owners are not accountants. They’re people from all walks of life, investors who have put a sizable amount of capital into a living business. Another way to say this is that a restaurant owner’s biggest value isn’t his or her ability to crunch numbers – at least, debatably. …
Three Vital Types of Restaurant Accounting Services Read More »
At Emerald Coast Restaurant Brokers and Consultants, we help restaurant businesses to stay alive and thriving in a competitive market. As a brokerage, we help these businesses to change hands, but as a premier consulting service, we also help to ensure that they are in good shape to be passed on at some time in …