... establishment. It is vital to determine the restaurant's concept in advance, as this will affect the interior design, menu, and more. A change in direction will inevitably lead to additional expenses. Moreover, an incorrect choice may result in a low customer turnout and, consequently, losses. When opting for exotic directions, it’s crucial to seek out a qualified chef who is well-versed in the particular cuisine; hiring such a specialist can be quite costly. To save costs, consider opening a franchise....

... to automation: Financial and Accounting Processes Automating accounting, payroll calculations, and expense management helps avoid errors and save time. Software such as 1C or SAP can significantly simplify financial management. Sales Management and Customer Relationship Management (CRM) Implementing CRM systems helps automate client interactions, streamlines recordkeeping, enables sales analysis, and improves service levels. Popular CRM systems include Bitrix24, AmoCRM, and Salesforce. Marketing ...

... can be directed toward developing new products, entering new markets, acquiring other companies, or funding research programs. Increase visibility and reputation: Participating in an IPO boosts a company's credibility among partners, suppliers, and customers, strengthening its market position. Create liquidity for owners and early investors: During an IPO, initial investors can sell part of their shares, yielding returns on their investments made in the company's early development stages. Key Stages ...

The acquisition of an established business presents an excellent opportunity to secure a stable income with minimal time investment. In this scenario, there is no lengthy period for development, idea generation, staffing, office finding, supplier, or customer acquisition. A buyer receives a fully operational enterprise that is already generating profit. Acquiring an established business presents an excellent opportunity to generate a stable income with minimal time investment. This option eliminates ...

... regularly, but only a few manage to survive. In this case, neither extensive experience, a strong brand name, nor a carefully crafted business plan can provide a solution. This is primarily due to the ongoing crisis and the decline in income among potential customers. Thus, even establishments with low prices are often doomed to failure. A restaurant abroad, located in a prime spot, can provide investors with a decent profit. On average, overseas establishments can yield a return of 10-15%, and often, much ...