Owning and operating a hotel can be lucrative, but you may have to deal with numerous risks related to lodging, dining, employee mistakes, and amenities. Managing and controlling these risks is essential; otherwise, they can lead to expensive lawsuits and settlements, interrupting your business operations while causing financial losses. However, knowing the common risks in Read More
Buying any type of business is a huge investment in your future. A sports bar that is already established can be exciting and rewarding. However, there is more to the proposal than simply buying a business. You need to learn as much as you can before you decide to put in an offer. You need Read More
For restaurants, bars, and cafes, getting a bad Yelp review or unfavorable local social media buzz can cut into the flow of business and the potential for new customers to come in. From undercooked food to rude wait staff to claims related to slips and falls or burnt tongues, no restaurant can afford bad press. Read More
It’s a restaurant owner’s worst nightmare: someone eats at their establishment, a day or two goes by, and they have a reaction to something they ate and/or drank. All the customer has to do is trace it back to the time they spent at that eatery and then file a costly claim for food poisoning. Read More
Three are many indicators that point to a strong or surging economy. One of those is when Americans are packing their bags and hitting the road, air, or seas for travel and trips around the country or globe. And while this is great for everything from hotels to restaurants to tourism spots in travel destinations, Read More