Merchant Cash Advance Blog

The 4^th of July can mean big business for restaurant owners that take advantage of their available resources.  It will be here before you know it. A proper celebration can bring in a great deal of revenue and expand your customer base.  Attention to detail is necessary in order for your event to have a positive impact.  The following breaks down each area of your event preparation and what will be needed to turn a profit.

Summer is almost here and it’s time for restaurant owners to begin thinking about how to capitalize on the influx of tourism dollars.  With busy times ahead now is the time to start planning for your events, staffing and marketing needs.

Avoiding menu fatigue can be one of the toughest tasks that restaurant owners will face.  Not only does it mean developing new dishes, it can mean finding sources for new ingredients and different distributors.  It can be tough to admit that your menu has become stagnant but it’s important to keep it fresh to grow your customer base.  You’ll need detailed preparation and the buy-in from your entire staff to consistently update your menu.  Your most popular items should remain on the menu year round to satisfy your regulars but your restaurant and menu should be constantly evolving.

Investing in a food truck is the perfect way to take your brick and mortar restaurant to the next level and grow your business. 19% of established restaurants say they are very/somewhat likely to launch a food truck within the next two years according to the National Restaurant Association. Between expanding the reach of your brand and providing a less expensive second location, taking your restaurant to the street can add many benefits to your bottom line.  Offering flexible locations and the ability to cater social events, food trucks offer a chance to reach new customers and expand your revenue base.

Memorial Day is a time for remembering those that gave their lives in service to the United States.  The service provided by these great people has given restaurateurs and small business owners the freedom to live the American dream.  Many people go out to celebrate the lives of those who served and currently serve in the military.