Starting and running any business requires money, energy, and time. However, not all businesses make it through the first couple years. According to the data compiled by the Bureau of Labor Statistics from 1995 to 2015, more than 20% of businesses failed within 1 year, and the business failure rate increases to over 50% in […]

When you are planning to open your dream restaurant, you go through several aspects – food, staff, layout, interiors, menu design, cutlery, kitchen equipment, and so on, but bookkeeping often isn’t one of them. As if the restaurant business was not competitive enough, a recent study suggests that over 52% of restaurant owners consider operating […]