Archive for the Hospitality Category

If you’ve purchased, built or substantially remodeled your restaurant within the last few years, you’ve probably heard the term “Cost Segregation”. If you haven’t, you may be paying your taxes earlier than necessary. If you have heard of it, you most likely know that the reason to have a cost segregation study performed on your building is to increase cash flow by accelerating tax depreciation deductions into the earlier years of the life of the building, and thus reduce tax payments during those years. Read the rest of this entry »

Managing product cost is easy. Isn’t it? No way. In my career, I have learned that many factors affect product cost. Today, I will discuss product utilization and the factors involved in optimizing it.

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