So many people open a café/restaurant without the slightest idea of how much money it takes to run a food-based business, it is no wonder that the industry has an extremely high failure rate. For every dollar a café makes, 98 cents (more or less) goes back into the business. Food costs, payroll, general upkeep, taxes and insurance are just a few of the expenses related to running a café. Unforeseen problems, such as broken equipment, can quickly eat up any spare cash in the bank account.

One of the most important keys to success for any café is knowing how to manage money. Many cafés (myself included) don’t really look past getting that initial opening loan. They figure their café is going to be a smashing success and money will just roll in. Sadly, that is hardly ever the case. Even when you are making boatloads of money, you are spending nearly as much as you make. The key is to spend wisely. Knowing how to price your menu, manage your day-to-day finances such as food purchases and payroll, and knowing what to do when faced with problems, can save you a lot of money and stress in the long run.

 

This book helps you how to manage a café/restaurant perfectly.