The age-old practice of upselling can be profitable — no matter the economic age

Doing your homework and being on top of financials helps build credibility and secure funding

Recently, Foodservice and Hospitality met with Ed Khediguian, vice-president of GE Financial to determine what lenders are looking for in the current economic environment. As long-standing partners in the restaurant community, the financial experts are specialists in the field, dedicated to providing industry knowledge, focused services and tailored financial solutions to customers — both at the franchisor and franchisee level.

A clean restaurant will keep the pests away and guests in play

Two years ago, shocked passersby gaped in horror as several rats scurried across the countertop of Happy Seven, a popular restaurant in Toronto’s Chinatown district. Then, last year, executives from the QSR giant Domino’s Pizza were hurdled into a public relations nightmare when a video of an employee purposely contaminating food, by rubbing it against his backside and nostrils, surfaced on YouTube.

A healthy financial statement is key to a healthy business

Opening a restaurant often conjures up images of the chef’s latest creations being dished out to a crowd of hungry patrons seated in an opulent setting. But before any of that can be accomplished, there’s one key facet of the business that’s integral to success — a healthy financial statement.