Post about "Business"

Things to Consider When Buying an Existing Restaurant Business for Sale

Buying a business can be difficult; the buyer needs to consider innumerable factors that decide if the business is worth buying or not. But when you try to buy a restaurant business, the decision is much simpler. The food industry is one of those industries that will never go out of business and will always have a dedicated customer base. That solves the most important issue of a business selling-buying scenario – loss of customers.Take for instance – Chami’s Restaurant and Caterers, it’s a small but well-established restaurant. This business was established about 3 years ago and provides home cooked style food to its customers. The restaurant currently attracts about 40 dine-in customers in addition to 20-25 customers daily who order tiffin. With a dedicated customer base of these many customers, the business makes a turnover of more than Rs.2.25 lacs per month. When this business is sold, the new owner inherits the customers, staff and equipment and will also have the turnover right from the start. Buying a business doesn’t get simpler than this.Of course, buying doesn’t simply mean taking up the first restaurant that is up for sale. There are quite a few factors to be considered here as well. As mentioned before, a dedicated customer base solves quite a lot of issues, but definitely not all of them. Location, Rental or lease agreement, staff, equipment and renovations – if any, cleanliness, reputation and previous year’s sales – all of these are just as important factors. Health and food department regulations and compliance also stand as a key factor to be considered.What matters is the priority of these factors for the buyer. When you buy an existing business, you are picking up the work of someone else. It may not necessarily be of your own liking. So, would you, as a prospective buyer, want to spend a lot of money for renovation, or area expansion, or staff upgrading or even getting new equipment? Even after spending money on the above-mentioned points, what is the guarantee that you would be able to improve the sales over previous years? If you do not consider these factors before buying a restaurant, you could end up buying a business that can take you years to get back to the break-even point. Or worse – you may end up in permanent loss. That being said, as long as the buyer is sure about where they stand on each factor, the buying process goes smoothly.Once you buy a business, the most important element for the growth of business is the customer satisfaction. Websites like Zomato and Burrp are places where customers review a restaurant and the news travels very quickly on the web. If the restaurant provides good service with good food and a good feel, the reviews on these websites can work wonders to increase the customer base for the restaurant. Then, it is just a matter of maintaining the overall quality of the restaurant and the repeat customers will increase.In the end, if you decide to buy an existing restaurant for sale, make sure you have a good understanding of the financial aspect of the business for sale. If you are investing into a profitable business, how much profit is the restaurant actually making, which will give you an idea about how much to pay. Also, if it’s a loss making and you have decided to buy considering its other aspects, you should only pay for its assets after getting the valuation done professionally.The restaurant business is one of the easiest businesses to buy and should you ever consider buying a restaurant, maintain your priority about factors like location, money, staff and equipment. Without prioritizing these factors, you stand to lose more than you can get. Above all, as read in a book, “Running a restaurant business is like getting your daughter married every day as per Captain Gopinath in his book SIMPLY FLY. From his experiences, running a restaurant means that you make all goodies with the care that you would accord to preparing dishes for your daughter’s wedding because the customer does not care if it is three days you have been running the business or three years that you have been running the business! He wants the best each time he visits your restaurant!”

5 Empowering Tracks From Female Icons To Make You Feel Inspired

Sometimes we all need a little lift. Whether you’ve had a recent knock to your confidence, have been going through stress in your personal or professional life, or have always struggled with your self-esteem, music is an essential tool for lifting your spirits and making you feel better about yourself.

According to a study by Heriot-Watt University, the type of music you listen to not only influences your mood, but also your personality, with indie and rock/heavy metal fans reporting the lowest levels of self-esteem, while fans of jazz, blues, opera, classical, pop, rap and soul all reported high levels of self-confidence.

So if you’re having a ‘down day’, why not boost your spirits by listening to some powerful, uplifting tracks? Here are five perfect confidence boosters.

Britney Spears – Toxic
Britney’s own struggles with her mental health and conservatorship have made her an inspiration for many people across the world.

This classic song is timelessly sensual, and the heavy beats throughout make it impossible not to dance to. A welcome blast of nostalgia, this tune has filled dance floors across the globe with fans old and new.

The video features Britney as a female spy playing the sexy flight attendant, seducing her passenger before she makes her escape on a motorbike and breaks into a high-security facility guarded by a laser security system.

This track and video is a guaranteed way to feel invincible, and deserves a place on your playlist no matter your mood.

Kelis – Milkshake
A cheesy classic that is guaranteed to make you feel all warm and gooey inside, Kelis pumps up the heat in this 00’s RnB track. Underpinned by intricate drum beats and electric elements, Kelis’ self-confidence is infectious, and it’s hard not to find yourself smiling at the lyrics.

This track is a great way to get into a flirtatious mindset, making it a great choice before going on a date or heading out for the evening.

And if you’re staying in? It’s a great mood lift. But beware! You may find yourself craving a sweet treat.

Eve (ft. Gwen Stefani) – Let Me Blow Your Mind
This RnB classic will capture your attention with its assertive rhythm and powerful vocals from 00’s icons Eve and Gwen Stefani. Featuring a laid-back – yet self-assured – beat, and catchy guitar riff, this is a great track for driving, and its empowering feel is sure to help you feel motivated.

Got a job interview lined up, or thinking of asking for a raise? This anthemic number is a quick way to feel positive and more assertive.

The video features Eve and Gwen Stefani crashing an exclusive event on quad bikes, causing a stir among the privileged attendants, and shoving the performer off stage to perform their own music, before finally being arrested and taken to the station in a police van.

This ‘baddie’ track helps you to tap into the hidden ‘bold’ side of your personality, and lifts your mood while keeping you feeling calm and cool.

Fergie – MILF$
If you have kids, it can be difficult to feel sexy. When you’re running around cleaning the house, changing nappies, or up to your elbows in dishwater, you can easily forget your sensual side – leaving you feeling frumpy and lacking in confidence and motivation.

Thankfully, Fergie’s comeback track is a quick remedy to your low mood and lethargy.

Featuring attractive mothers dressed in curve-hugging latex and silky lingerie going about their daily life in a dreamy, colourful suburbia, this track is a quick way to transform your self-esteem and transport you to a world where you are not just a mother, but a goddess too.

Why not shake off the day and tap into your feminine energy with Fergie, your sexiest PJs, and a bottle of your favourite wine?

Marina And The Diamonds – How To Be A Heartbreaker
Low confidence after a breakup? You’re not alone. Having your heart broken can leave you feeling depressed, undesirable, and unmotivated. So flip the tables on your ex and become a heartbreaker with Marina’s catchy club classic.

This empowering dance track will make you want to move your body and get in touch with your bad girl side, with its heavy beat and pounding rhythms.

Plus, if your libido has suffered as a result of your low mood, take a sneaky peek at the video – it will get your blood pumping with its steamy shower shots and smoking hot male models.