Cash flow is an important aspect of doing any business and it is particularly necessary for restaurant businesses because most restaurants have daily expenses requiring cash flow. Regardless, a lot of restaurant entrepreneurs neglect the subject of cash flow, possibly …
In a situation where many are feeling terrible, sales aren’t meeting their targets, and entrepreneurs might be stressing out about deficits and losses on their investments, some restaurants remain able to maintain good sales and constantly have orders and might …
For any restaurant that would like to sell alcoholic beverages, the first thing to understand or learn about is relevant laws, because not every restaurant can sell alcoholic beverages. If you make a mistake, in addition to potentially having to …
Restaurant and beverage businesses are businesses that experience growth every year. Their combined market value is approaching 400 billion baht. Such a business is the dream of many people. Especially when people are saying the economy is bad, you will …
In operating a restaurant business, there are lots of details that the entrepreneur has to think about and plan. However, one thing that the entrepreneur has to pay particular attention to is cost. This is because setting an appropriate cost …
In running a restaurant, you have to make a profit. Every restaurateur ought to keep that in mind. But then how do you tell how much you need to sell each day in order to turn a profit? The first …
It’s a well-known fact that, among the various costs of restaurant businesses, food or ingredient costs take up the highest percentage. Therefore, maximizing the value of ingredients boosts opportunities for profits while minimizing problems associated with high costs. Do you …
A symptom some SME restaurant owners experience is “good sales, but poor profit” or “good sales, but no profit”. The symptom is often caused just a few factors, one of which is not appropriately counting stock or inventory to check …
In November 2019, Michelin Star announced the Michelin Guide for Thailand in 2020. The event included announcements of awards for restaurants selected for inclusion the Michelin Guide in Bangkok, Chiang Mai, Phuket and Phang Nga. For the 2020 edition, 24 …
Lately, we’ve been seeing a lot of news about famous restaurant brand purchases in addition to importing international restaurant brands to be launched in Thailand. Many of these international brands get customers as soon as they open, and some customers …