How to Set the Right Menu Prices in Your Restaurant
The general principle for running a profitable business is simple. Generate more revenue than you pay out in expenses. This can be accomplished by charging the correct amount for the goods or services your business offers. However, if you own a restaurant, you know how difficult setting prices can be. Your goal is to provide […]
Franchise Businesses Poised for Economic Growth
It’s a great time to own a franchise business, according to the the International Franchise Association’s Franchise Business Outlook: 2016 report. For the sixth year in a row, small business franchises are growing at a faster rate than non-franchise small businesses. Here are some of the key findings from the IAF’s annual report: Franchise businesses […]
BKE Partner Dogtopia Positioned for Franchise Growth and Expansion!
Our friends at Dogtopia recently released impressive mid-year financial numbers. The dog daycare industry leader signed 40 franchise agreements in Q1 of 2016 and is on pace to award 100 new stores by the end of the year. Much of Dogtopia’s growth has taken place in its home state of Arizona where 12 units are […]
Are You Ready to Expand Your Business?
When business is going well, expansion is the logical next step. You can increase revenue and grow your brand by opening additional locations. But expansion can also be risky. There is no guarantee your new location will be as successful as the original. And it can put a hamper on your entire business if it […]
Financial Tips for Insurance Agents
Keeping accurate and organized finances is one of the most important responsibilities for insurance agents. You need to track your revenue, manage your expenses, and prepare for your tax filing for your business to achieve success. In this blog post, we’ll provide a few tips that can help insurance agents run a financially-healthy business. Use […]
Dental Practice Management Software and Technology
As a dentist, you use the best technology available to care for your patients. But you should also use technology to manage your patient relationships, finances, marketing, and other operational aspects of your practice. The emergence of cloud technology brings many benefits to different businesses. Dentists can use cutting-edge software and apps to run an […]
Tips for Running a Successful Home Service Contracting Business
Every business has its own unique challenges. Home service contracting businesses – such as plumbers, electricians, and HVAC technicians – have to manage jobs across different sites in addition to all the back office responsibilities. In the blog post, we’ll provide tips on how home service contractors can take on these challenges and ultimately run […]
The Work Opportunity Tax Credit (WOTC): What to Know
Being a business owner often means you’re in a position to give back to your community. One of the best ways to help out is to hire disadvantaged people in need of a steady job. By doing so, your good deed can be rewarded with a tax credit. The Work Opportunity Tax Credit (WOTC) is […]
Tips for Running a Successful Gym or Fitness Business
Owning a gym or fitness business is a fulfilling endeavor. You get to help people improve their health and ultimately lead better lives. But you need to make sure your business is set up for success so you can earn enough money to continue helping people accomplish their health goals. The following tips will go […]
Employee Management Tips for Restaurant Owners
As a restaurant owner, you’re well aware that you need the help of hardworking people in order to be successful. Each member of your team must efficiently handle their responsibilities and support each other so service can go off without a hitch. That being said, your team will look to you for direction. You need […]