Cash flow management is an area that can seem overwhelming to many business owners, but Paperchase specializes in this area to help you understand these specific factors of running a restaurant.
Category Archives: News
Have you been considering expanding your business one way or another?
Have you been considering expanding your business one way or another?
The UK has been through a rough period over these last two years. We’ve barely made it without a recession, and the Bank of England raised interest rates amidst a shrinking GDP.
“For over 30 years, Paperchase has provided bookkeeping and financial management services to the hospitality industry, globally, however, we do so much more than just bookkeeping. We consider ourselves to be partners to each of our clients, offering insights, problem solving, supporting business growth and training” comments Manit Singh, Business Development Manager, for UAE.
We recently sat down with Restaurant365 and Wayne Huang, Chief Financial Officer at wellbeing café, Pura Vida Miami, to discuss all things relating to unlocking the full potential of restaurant data and optimising operations and performance.
With 34 years of helping hospitality business to improve, grow, develop and expand, there isn’t much the team at Paperchase does not know about the industry. Getting ready for summer should be on every operator’s agenda right now, so, here are a few tips from the team at Paperchase.
Attracting and retaining good staff in hospitality is always challenging. Paperchase talks to Ann Barker, Sales & Partnerships Director of Excellect, an independent employee benefits and health insurance broker to explore some best practice.
Has the Chancellor thrown the industry a lifeline? With the recent budget, what will the effect be on the hospitality sector?
Adriana Cavita is an international chef, soon-to-be author, and owner of London-based Mexican restaurant
Anna Haugh is a chef and owner of Irish-influenced restaurant, Myrtle.
How do you raise funding for a new hospitality venture?
The year ahead is already forecasted to be challenging – it’s about how we embrace the chaos, uncertainty and pressure and use it to fuel our creativity, drive new ways of working and challenge our teams to think outside the box.
You may be running a restaurant, doing your own admin, and have appointed a generic accountant, thinking you have all the help you need to manage the finances of the business. The truth is you also need a bookkeeper!
Simon Binder, Chairman of hospitality accountancy, Paperchase, with 40 years of running restaurants, offers some sound advice to would-be new restaurateurs.