Sunday, September 24, 2017

Would you sell your right to choose a supplier? — How to Manage a Small Business

Would you accept $50,000 from someone just so they could be your sole source of seafood?

A conversation with restaurant consultant Rick Nicholson was sparked this week when he was helping a client deal with out-of-control food costs relating to a supplier advance.

Many people get into trouble with money when they lack the tools to properly understand and make good business decisions.

Rick and I discuss the problems with food distributors ‘helping’ struggling restaurants in this week’s video.

Watch as we talk about supplier financing to restaurants:

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