Business: Restaurant Industry

Anvil Wrapping Machines Are Beneficial for the Food Produce Industry by Stana Peete Food retailers have been wrapping their produce, such as fruit and vegetables with clear cellophane or cling film for decades. It is a good way to close and seal a pack of apples or grapes while still making it visible to the … Continue reading “Business: Restaurant Industry”

Anvil Wrapping Machines Are Beneficial for the Food Produce Industry
by Stana Peete
Food retailers have been wrapping their produce, such as fruit and vegetables with clear cellophane or cling film for decades. It is a good way to close and seal a pack of apples or grapes while still making it visible to the customer. Every customer wants to see what the fruit or vegetables look like before they buy it. The only problem was that the staff had to seal the packs by hand and it would take many hours to complete a batch. Anvil Wrapping Machines are beneficial for the food industry because it reduces the wrapping time.
Robot Couple Juice Extractors for the Commercial Kitchen
by Stana Peete
The sweltering heat of summer is getting to all of us and most people can’t wait for the holidays to arrive so that they can go to the beach or to swimming destinations. The heat brings thirst with it, as well as the demand for cool drinks such as juice. There is nothing better than a cool freshly made glass of juice or a juice based cocktail. If your restaurant serves fresh juice or cocktails, you will require a resilient juicer that can deliver every time.
How Technology Can Enhance a Restaurant Experience
by Anders Abadie
Technology has its place in life. As it turns out, modern gadgets can actually make a restaurant experience even more enjoyable and memorable.
Online Ordering System For Restaurants – An Overview
by Ishana Luthra
Online presence can do a lot for a business; there is no doubt to it. If you are the owner of a restaurant, remember one thing; setting up an online ordering system is just the beginning.
Finding the Best Red Chilli Exporters in India
by Jaga Salai
Finding the right supplier of Red Chilli is a strategic decision of a business. It involves much more than scrutinizing the quotations submitted by different suppliers. Any supplier selected should help the customers to grow their business in providing right product, right quality, right price and ontime delivery. Customer’s right decision on selecting the Red Chilli supplier lies on the weightage they allocate to the above factors. This article if focused on Selection of supplier for Red Chilli from India
The Anvil Gas Stove With Gas Oven Is Popular in the Food Industry
by Stana Peete
Over recent years it has been noted that the Anvil Gas Stove with Gas Oven has become a sought after favorite catering equipment amongst restaurant owners. The Anvil brand is synonymous with quality and durability which are abilities that chefs require in a gas stove and oven. Chefs need catering equipment that will withstand consistent daily use without any hassles and the Anvil range of gas stoves with oven deliver that.
Why the Anvil Hot Dog Roller Is Preferred by Chefs
by Stana Peete
Hot dog rollers are an underestimated piece of catering equipment but at the same time they are preferred by butchers, chefs and take away establishments. Anvil’s aim is to make life easier for chefs by providing equipment that saves time and is durable. As part of this aim, they’ve created the Anvil Hot Dog Roller.
Quality Bakery Equipment – The Difference Maker
by Bert Bowen
Very often good quality bakery equipment service can be the difference between a successful bakery that people swear by and a total failure. This article is all about the various baking equipment and their utility.

Business Financial Planning

Businesses often find financial planning a hassle. At the same time, it is critical to plan your finances well through the entire business cycle, be it before commencing, or after folding up (if you decide to merge or sell etc.) In truth, creating a financial strategy isn’t as tough as it seems to be. There are some steps which need to be kept in mind while planning your finances. Some of these steps are as listed below:

Establishing and defining the financial planner – client relationship
Gathering client data, goal – setting and expectation – defining
Analysis and evaluation of the existing financial status
Development and presentation of recommendations / alternatives

It is important to note here that some of these steps will determine and influence the other ones. At the same time, some of these steps need to be carried out simultaneously. To understand these steps better let’s look into how each of these steps work.

Establishing and defining the financial planner – client relationship

In this step the financial planner, explains his / her services to the client. This means that they explain or document their responsibilities towards the project. Further in the same step he / she also chalks out the responsibilities of the client. The payment and terms and conditions are also negotiated in the same step and the time frames are negotiated as well. Decision making processes, SOPs, Specific Points of contact etc. are also decided at the same time.

Gathering client data, goal – setting and expectation – defining

In this stage the data related to the financial state of the client’s business is collected. The personal and financial goals are defined. A thorough SWOT analysis will also give an insight into the risk taking capacity and the estimated productivity of the business. This stage is actually where planner gathers all necessary information before advising the client anything.

Analysis and evaluation of the existing financial status

In this step, the client information is assessed and analyzed. This gives a clear idea about the current status and also helps in deciding what to do in order to achieve client’s business goals. Further, on the basis of the requested services, this stage may include the assessment of liabilities, assets, cash flow, tax strategy, investments, current insurance covers etc.

Welcome to Las Vegas

Las Vegas is a famous American city situated in the state of Nevada. It’s the largest city in the state and it’s widely known for its fine dining, shopping and gambling. Las Vegas was named the ‘World’s Entertainment Capital’ because of the numerous casino resorts. Other nicknames that this city got are the World’s Marriage Capital, the Second Chances Capital, Sin City and the World’s Gambling Capital.The fantasy-like atmosphere in Las Vegas is created by the giant and glamorous casino hotels. Their names evoke exotic destinations, mystery and romance.

Besides many casinos, Las Vegas also features numerous other attractions and sights. Go to the Fremont Street Experience. This is a pedestrian mall situated near the casinos. Every night you can see amazing multimedia shows on the canopy placed over the street. Another landmark is the Fountain Show from Bellagio. During the evenings, for 15 minutes, you can admire the ‘dance’ of these beautiful fountains. On Sunday and Saturday afternoons, the show lasts for an hour.

Las Vegas is known for their mega hotels…not just for casino play but also to stay and relax while you gamble and have fun! The question is not where do you stay but how do you get the best rates? Well, that is where HotelHut comes in. Booking online can be a tedious job because all those big popular online travel agencies are of no use. Their rates are basically the same and trying to find a discount can be a pain…unless you book thru HotelHut is a private membership hotel booking site offering their members deep discounted “unpublished” rates you’ll find nowhere else! Their Members can save up to 71% off retail!

Trolling Lake Michigan

There is no doubt that the Great Lakes are incredible fisheries. Thousands of people take to those lakes every year for a variety of fish. Lake Michigan is no different. There are many ways to catch fish on Lake Michigan. One of the best ways, though, is to always hire a guide.

There are many guides on the lake who specialise in different types of fishing. Look for a reputable guide who’s been working on the lake for a while and who can provide you with some references. Fishing Lake Michigan for the first time can be a daunting task. It can also be dangerous, if you have never fished big water before. Even the most seasoned of anglers pick up tips and trick from experienced guides. They understand which fishing lures are catching fish and where and how to use the most effectively.

Trolling is one way to catch fish on Lake Michigan. This requires knowing the depths at which the fish are holding and also the speed at which the fishing lures will work the best. The speed and depth of the fish will depend on the recent weather, the time of year, and the water temperature at various depths, among other factors. The fishing lures that worked on Lake Michigan in the spring may not be the same ones that will put fish in the boat in the fall.

Business: Sales Training Article

The Good, Old Secrets of Improving Store Sales
by Sridharan Sharma
“Courteous treatment will make a customer a walking advertisement.” And being courteous doesn’t cost a penny. But still, every day we hear about stories of pathetic customer service by staff at even the most renowned brands in the retail industry. And this is costing these brands millions of money and loss of faith and respect on the part of their customers. Brands must do something about this.
Behavioural Training Programs for the Telcos
by Sridharan Sharma
Telecommunications is about connecting people – and listening to their woes and emphathising with them and helping them solve the problems that they may have with your services or products. The competition in this space is fierce – customer service is what can help you differentiate your products and services from the rest in the industry. But your people, as you’ve been feeling for the last month or so, aren’t good enough to convince and convert your customers and prospects.
Top Sales Techniques That Make a Successful Sales Campaign
by Phil M Jones
From the actual inception of an idea to making the sale, ever stage of business must be executed with utmost caution. In the humongous arena of event management, marketing as well as sales are common challenges faced by every new entrant. They have to convince resistant customers and bring them around without damaging the company’s reputation.
What Your Sales Team Needs to Know
by Sridharan Sharma
Gone are the days when all you’d have to do is throw in a session on communication skills and cold calling in the name of training. The buying habits of your customers have changed dramatically over all these years – it’s time your sales staff change their old, standard selling habits.
How to Skyrocket Your Customers’ Base (for Banks)
by Sridharan Sharma
Privatization has indeed revolutionized every sector in world. Take the banking sector for instance. Once people would have to stand in queues for hours to deposit or withdraw cash from their accounts or to open or close their accounts or start an FD or other saving scheme.
Easy Ways to Learn Effective Sales and Marketing Techniques Within 30 Days
by Phil M Jones
Right from the inception of the idea, till selling the products to the customers, every step in business requires caution and dedication. In this big chain of events, sales and marketing are the most important challenges that one may face as new entrants where in they have to convince hard customers and make them buy the product.

Business Financial Analysis

Planning and Control are the two most important ingredients to a Successful Business. A Business Plan takes most of the guess work out of Business Strategy and Control through solid Financial analysis. Financial Data provides a way to gauge where you are in your Strategic Plan, telling you where changes in your Plan are necessary. Because of this, Financial Data Analysis and Management are vitally important to running a successful business.

It is extremely important to have a suitable Accounting System installed throughout your business so data acquisition is easy. You cannot manage your Business for Profitability without a good Accounting System. My CPA has a bookkeeper who comes out to the business to help install the Accounting System and show us how to work it. All of this is done with the guidance of the CPA but at a fraction of the cost. A good Bookkeeper is invaluable in helping capture Financial Data. Having an established working Accounting System in place will minimize the fees a CPA charges to analyze your tax liability and prepare your tax returns.

An Accounting System is typically built around the following key Financial Management tools:

– Income Statement (Profit & Loss Statement)
– Cash Flow Statement
– Balance Sheet
– Budget
– Breakeven Analysis

By having a Financial Management system in place, you can easily identify early warning signs or spot particularly profitable areas. Not having a system in place to analyze and organize Financial Data makes it impossible to effectively manage, grow and control a business. It makes it impossible to gauge the success (or lack there-of) of your Planning and Strategy. Moreover, used incorrectly, inaccurate Financial Data can be disastrous for a company’s livelihood.

An Accounting and Financial Management System is only as useful as it is used systematically throughout an entire business. It is extremely important to implement the system into the very fabric of the business and be used systematically. The Accounting System is a reflection of the health, or lack thereof, of a business and from which business decisions are made. Make sure to set it up right, train your people on it and most importantly, use it!

Two principal objectives of any business are to be Profitable and have Cash Flow to pay obligations. The Income Statement and Cash Flow Statement figure prominently in this area. The Income Statement represents how well a Company is operating, and the Cash Flow Statement shows how well a business is managing its Cash. Profit or Loss on one side and Liquidity on the other.

Business: Customer Service

Transforming Customers Into Raving Apostles!
by John Eric Jacobsen
Transforming Your Clients into Raving Apostles! What is the ideal strategy for marketing your business, serving many, and earning large profits? That’s a great question!
Should Money Run Your Mind?
by Shahab Nilgiri
A personal take on how you should be thinking when it comes to joining any venture (business or otherwise) People may go in with the wrong mindset and get the wrong outcome, in turn getting discouraged. You want to continue trying new things and growing, while being in the right head space.
Five Reasons Why You Need Commercial Office Cleaning
by Samantha Jones
Over the years industrial standard cleaning equipment has been continually refined. As a result, professional commercial cleaning has been taken to a whole new level. In addition, technicians now undergo extensive training regimes to guarantee they can provide you with a deep, thorough clean of your premises.
Do You Know the Lifetime Value of Your Customer?
by Shep Hyken
I read a surprising statistic recently. It said that four in 10 senior executives in large companies don’t know the lifetime value of their customers. According to MarketingCharts, Forbes and Sitecore conducted a study of 312 senior executives in North American companies and learned that not only did they not know the financial value of their customers, more than half had no plans to find out. Basically, they don’t understand the significance of this important number – or they don’t care.
3 Steps To Improve Your Customer Service Experience
by Jovia D’Souza
Customers always expect to get the best when they contact customer service departments of relevant companies and service providers. Any company that chooses to have a customer care department should definitely offer excellent customer service, but as a customer there are a few things you can also do to make sure that you get a pleasant experience when you choose to get in touch with the customer agents.
Customer Centricity and the Irish
by Jeroen Rietberg
Customer centricity is really hot nowadays! Everybody in marketing, market research and business development is talking about it. It was a nice surprise to experience customer centricity, but then the Irish way, at the market research event of the year: the Esomar Congress 2015 in Dublin. Read here our version of the event report!

Business of Financial Planning

We have learned from the economic crisis of 2008, to take care of where we invest or what we do with our money. It also taught us that in times of doubt, consult your advisor. The economic downfall in 2008 also opened opportunities for expert financial planners and newbies who wants to help people and business maximize their resources.

If you are wondering why you or your business needs financial planning, we have enlisted the perks here.

Financial planning enables businesses or individuals to allocate the right amount to the right area that needs improvement or more investment in a timely manner. This minimizes risk-taking and bad investments. Efficient financial planning would then eventually lead to better revenue and effective cost management.

Financial planning presents the costs and gains of a company or individual in numbers, giving them a clearer view of what they will be investing in. This makes it easier for decision makers to go or stop a contract or project.

A financial plan is prepared annually. This financial forecast explains how much the business or individual should expect and when to expect it. This not only shows how long the wait is going to be, but also the quantity of its profitability. Every month, a financial plan is also done to compare the annual plan prepared earlier to see if the target is being met, exceeded or otherwise. This warns the business owner or individual of possibilities and posed threats in the investment, and if it’s time to give up or not yet. Although it is not always correct, as there are so many things that could affect the business’ financial status, financial planning and management makes it easier to see what is and what can be.

While some people or business owners would want or need a financial planner as they can do this on their own, there are some who would need a planner’s help to get the load off their backs. Either way, when looking for a financial planning company to handle this hefty job, here are the things you have to consider.

License – find a licensed or certified financial planner, which signifies their abilities and credibility. Do not just jump on the first firm that comes your way in a desperate move to find one.

Pay structure – there are two major pay structures your planner may be a part of: fee-based and commission-based. Nothing of the two is better than the other; it is really up to the company or person what he/she prefers. There are also planner who, like free-lancers, can be paid by the hour or when you only need them

Financial Health of Your Business

A business must enter all its financial transactions in its books of account. It helps the accountants in tracking the incoming and the outgoing flow of cash through the business. Nowadays, the cloud based accounting systems maintain and process the books of account.

The corporate environment of every country is bound by certain statutory obligations. ACRA (Accounting and Corporate Regulatory Authority) of Singapore governs the corporate sector in Singapore. This agency has the duty to ensure all industries, irrespective of their size or niche, comply with the amended set of statutory requirements. Updated books of account, filing of financial statements, and paying taxes in time are the essential factors of these obligations.

The act of recording each financial transaction of the business and then, periodically checking the books of account has a far-reaching meaning to the business owners. The accounting software reduces the amount of manual work involved in the task. Each time, it processes the business data accurately and unfailingly. The software takes only a few seconds to process the data. The results obtained denote the financial health of the business.

On-the-Go Access

A cloud based accounting system saves and processes the business’ financial data on the cloud servers. It transmits the results to the business owner’s device, which can be an internet capable mobile or tablet. The software can also transmit the reports to the laptops, net books, and desktop computer.

The accounting software systems generate financial documents like cash flow, balance sheets, and profit and loss accounts for the inspection of the owners. They get a detailed info about the working and the financial standing of their businesses. The software also updates them about the financial position of their businesses with respect to their suppliers, customers, and creditors of their businesses.

The accounting software allows the owners to know about the fluctuations in their bank balances. It allows the owners to keep a firm control on their credit and debit situation. It ensures that they do have a chance to take appropriate actions before the commencement of a financial disaster or a broken commitment.