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: Money
Both secured and unsecured loans are common in the world of business. They’re taken out by businesses of all sizes for a variety of purposes, from paying operational expenses to financing new locations, product development, advertising campaigns and more.
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.
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?
We recently caught up with Joel Braham, founder of The Good Egg, to discuss the journey of his restaurant business, the challenges faced by independent restaurants and the importance of maintaining a happy workforce, consistently high standards and managing cash flow.