An operating lease is a type of lease in which one party (known as the lessee) rents an asset from another party (called the lessor). During the lease period, the lessor retains ownership of the asset.
Category archives: Finance
A revolving credit facility, also known as a revolving line of credit, is a line of credit between a bank or other financial institution and a business.
Current data, analysed by 365 Business Finance, shows that barbers, beauty salons, vape stores, cafes and tearooms, along with restaurants and bars have been the fastest growing retail sectors in the UK over the past three years.
Owning and operating a pub or bar can be tough work. However, with the right attitude, even a small bar can be developed into a profitable, rewarding business.
Your restaurant is doing well. Revenue is consistently increasing every quarter, your staff are pleased with their jobs and your customers keep stop coming back and recommending your restaurant to their friends. What should you do next?