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What are the best HR softwares available for a fast growing Start-ups?

Kruze Consulting has worked with over 1000+ startups and has helped set up numerous HR infrastructure systems. HR is a not a luxury, but an essential component of any startup’s foundation. It doesn't matter how awesome your product is; poor hiring, an unproductive culture, and stagnant employees can sink the company in a hot minute. Below we've provided a suggested list of software, processes, and procedures to help startups navigate the HR landscape. Caveat: if you can afford to put the later stage processes in place sooner rather than later, you should do it!The Essentials: 0 - 7 EmployeesPayroll & Benefits, Gusto: simply the best.HR Management Platform, Zenefits: Still our #1 recommendation for managing employee offer letters and PTO. Its seamless.Communication, Slack: essential for office and remote workers alike.Employee Recognition, Bonusly: improve collaboration by allowing your employees to reward each other (via Slack)Harassment Training, ThinkHR: yes, you need this right from the start.Background Checks, Chekr: don’t get surprised. Do you due diligence and check for red flags with Chekr.Feedback, Google Forms Anonymous Suggestion Box: sometimes employees dont feel comfortable asking certain questions or notifiyng management about situations. This gives them a voice.Basic HR Advisory, Kruze Consulting: everyone has questions about which health care plans to pick, what other startups are doing, and best practices around hiring and firing. Kruze has all the templates and can help.The Growth Phase: 8 - 40 EmployeesNew Employee Orientation, Lessonly: when new employees start at Kruze, their first learning stop is Lessonly. Its critical for new hire orientations, as it documents all of our internal procedures and allows for bespoke lesson plans and custom video uploads. But here’s the kicker: it has quizzes at the end of each module so that we can hold folks accountable to the curriculum.Continuing Education, LinkedIn Learning (fka Lynda): Seth Godin rocked my world in a seminar about how we have learning all wrong: homework should be done at school, lectures should be done at home and performed by THE world expert. Why or why would you have your best excel jockey in the company teach everyone else when you can have the best Excel Guru in the world teach your team on LinkedIn Learning?401k Plans, Guideline/Gusto and ForUsAll: most Seed Stage startups don’t offer 401Ks, but after a Series A many management teams will start considering it. By Series B, you should definitely have a 401k in place.Employee Handbooks, Gusto: Gusto’s amazing DIY handbook tool is great backbone, but you’ll need an advisor to refine company specific policies and procedures that aligns with your company’s core value system.Robust Health Benefits, Zenefits or Gusto: make no mistake, if you want to hire top talent you now need to offer top benefits. Now is the time to up your Silver and Gold packages to Platinum. It’s also time to consider anFSA or HSA. Some cities, like SF, require that you spend a certain minimum on each employee’s benefits and report on that compliance (known as the SF Health Care Security Ordinance).Tuition Assistance Programs, Tuition.io: companies like Tuition.ioare revolutionizing the way employers can help free their teammates from the shackles of student loan debt, driving loyalty and retention in the process.Commuter Benefits, Gusto: if you have a 20+ employees and are based in SF, you are required to provide up to $260/mo in pre-tax commuter benefits. Other jurisdictions have similar requirements. But even if you’re not in SF, its a best practice to provide this benefit for your team. Kruze can help you set up commuter benefits and maintain compliance.Intermediate HR Advisory, Kruze Consulting: How much should I be paying my new VP of Engineering? How much stock should I grant, and what type of ESOP should I offer? Kruze has the answers.Project Based Grading Systems, Kruze Consulting: one of the biggest complaints that we’ve heard from employees is that they’re not getting enough regular feedback so that they can improve their performance and get ahead in their career. Kruze has template frameworks to help you create project based grading systems. Think “Hey Jane, this project that you completed was a B+ because you forgot to do XYZ. You’re so close, and I’m sure we can get you up to A+ work on the next project.” The results we’ve seen after implementing these controls were immediate: on the subsequent projects, employees knew exactly how to improve and they did. A big win for management and employees alike.Performance Reviews, Lattice: quarterly or biannual performance reviews are important to your employees growth and the well being of the company. Biweekly 1:1 meetings should also be implemented and documented. Lattice organizes the review process in an easy to use online interface and Kruze can help you build the appropriate questions that management team should be asking of itself and its employees.Recruiting Management, Greenhouse and Google Hire: these amazing pieces of software helps you manage the recruiting process and collaborate with your team. Some of the most frustrating parts of the recruiting process is organizing resumes, coordinating schedules, and quantifying the interview process all in a timely manner. Greenhouse and Google Hire handles all of this.Event Planning, Blue Barley: allowing your team to bond outside of work is important. But finding and booking creative events can be difficult. This is where Blue Barley comes in.Recruiters: your time is best spent doing what you do best. Yes, recruiters are expensive but they cut the search process dramatically. Kruze has an extensive network of recruiting professionals that we can introduce you to depending on the role that you are looking to fill, including companies like Triplebyte and Avra.Gifts, Bouqs and Minibar: if your teammate has done something awesome, really reward them with flowers from Bouqs or booze from Minibar.Say Something Positive: words can go a long way. Make sure that your managers are routinely saying positive things to their teammates. There are plenty of apps out there that can help randomly remind them.Swag: you haven’t really made it until you have your startup’s logo emblazoned on a Patagonia. Sports Basement has the best pricing and service. For other bougie swag, see Clove & Twine. Business cards are going the way of the dinosaur, but if you must, use Moo.The Enterprise: 40+ EmployeesPEO (aka Professional Employer Organization): PEOs are companies like Justworks, Trinet, and Sequoia. They are “all-in-one” payroll and benefits providers that are able to provide more favorable benefits plans because they have a much larger group policy. Don’t be fooled though, their Service Cost is 10x+ the price of Gusto, and most the time any cost savings you got on the health plans is more than washed out on their monthly Service Costs. At least until you have scale. Kruze recommends that you consider a PEO once you’ve reached 40+ employees OR if you have employees in 5+ states. Before then, cost outweighs benefit. Our top picks are Sequoia and Justworks.In-house HR professional: Kruze recommends considering hiring a full time HR professional once you’ve reached 40+ employees. But if you’re planning on growing quickly, you might want to consider hiring your full time HR professional sooner than thatContinuing Education Programs: your best and brightest employees will be eager to advance their careers and knowledge base, and one of the best ways to do that is through continuing education. Kruze has a library of Continuing Education options and plans based on industry specific talents. One of our top picks in Continuing Education is Harrison Metal General Management.Mentorship Programs: careers may start with technical proficiency, but they blossom once soft skills are applied. Your employees likely have many other goals beyond just developing trade knowledge, like networking, sales, and better communication skills. Sometimes folks dont even know what they’re missing, but mentors can help guide them. The BestSelf.co journal is a fantastic resource that helps both mentors and employees stay accountable on their personal KPIs.

How do I start a small restaurant with no money?

Do you want to start a small restaurant from scratch? If YES, here is a detailed guide on how to start a restaurant business with no money and no experience.Okay, so we have provided you an in-depth sample restaurant business plan template. We also took it further by analyzing and drafting a sample restaurant marketing plan backed up by actionable guerrilla marketing ideas for restaurants.Table of Content [show]Why Start a Restaurant Business?One good thing about the restaurant business is that an owner has the sole right to determine the price they want to sell their menu irrespective of what others around them might – especially if they are good with the delicacies they whip up.There are various kinds of restaurants all over the world. Here are a few examples; we have fast food restaurants, there is the intercontinental restaurants, local restaurants, family style cafeterias, casual dining restaurants, and fast casual restaurants, amongst others. These cafes are designed to meet various needs of different tribes, creeds and races.In most cases, it is the community where the restaurant is to be situated that certainly determines the style of restaurant service to be offered. For example; if one decides to start a restaurant business around a construction site; choosing an intercontinental style of restaurant or a family style restaurant might just be the best option.What Does It Take to Open a Restaurant Successfully?If you are considering starting a restaurant business, all you would need is some capital to purchase or lease / rent a suitable facility, the required equipment, and furniture. You would also need some additional capital to purchase the required ingredients, pay your employees at least for the first 3 months, and also to pay your utility bills. These expenses are called “working capital.”Over and above, it pays an individual to acquire culinary skills, as well as undertake a thorough and exhaustive feasibility studies before choosing the style of restaurant to start, the location to set up the business and the pricing system to adopt for the business.How to Start a Restaurant Business With No Money or Experience – A Detailed GuideIndustry OverviewStatistics shows that within a period of a year that is from the fall of 2011 to the fall of 2012, about 4,500 restaurants opened in the united states of America despite the fact that several restaurant closed shops within the said period and about 9,000 restaurants struggled to make profits.It is also important to note that about 80% of new restaurants are likely going to fail within their first five years of operation. This is so because when there are economic downturn, purchasing power drops; people will often cut back on their spending for eating out and they will rather prefer to cook more at home.Interesting Statistics About the Restaurant IndustryThe restaurant industry rakes in over $709.2 billion annually in the United States with about 3.8% sales increase in nominal terms and 1.5% industry sales increase in real (inflation-adjusted) terms. Food and drinks sales of the restaurant industry in the United States reached an all – time high; 659.31 billion U.S. dollars in 2013 – far higher than the 42.8 billion recorded in 1970.This figure was projected to rise again in 2014 to more than 680 billion. With well over 600 thousand restaurants employing approximately 13 million people in the United States, the industry caters to a variety of customer demands regarding price, food quality, dining experience and menu options, among many other things.From recent statistics, well over 1 million restaurant locations are in the United States and they generated an estimate of $1.9 billion sales on a typical day. The restaurant industry is a major player in the employment of labor; the industry is responsible for employing over 14 million people per time. As a matter of fact, the restaurant industry is the employer of about 10% of the overall workforce in the United States of America.Market Research and Feasibility StudyDemographics and PsychographicsAs far as food is concerned, there are no defined demography that needs it. Every human needs food. It means that everybody i.e. the old, the young, children and teenagers et al, all have need of food and they are all potential customers of the restaurant industry.In essence, the target market for restaurant cum food business cuts across people of all walks of life, since everybody needs food to survive. Well it is important to note that various restaurants most often design their restaurant business to service specific demography and this reflects in their choice of location and the type of restaurant that they choose to operate.For example, a restaurant can choose to start an intercontinental restaurant and also to locate their restaurant in highbrow area of town. In order to stay focused on the kind of business brand they intend building, most restaurant would usually define certain groups of people as their target demography and it could fall under any of the category listed below;StudentsWorking classMigrantsInternational TouristsTop ExecutivesFamiliesCelebritiesThe Diplomatic CommunityResidenceCorporate OrganizationsList of Niche ideas within the Restaurant IndustryIt depends on how you want to look at it; there are different criteria you can use to classify restaurants. These are some of the niche ideas you should consider if you want to start your own restaurant business;Fast food restaurantsCasual dining restaurantsFamily dining restaurantsFine dining restaurantsFast – casual restaurantsIntercontinental restaurantsLocal / Ethnic restaurantsCaféCafeteria style restaurantsVegetarian restaurantsBuffet restaurantsThe Level of Competition in the Restaurant IndustryYou can hardly drive through a street without finding a handful of restaurants or more. This goes to show that there are loads of players in the restaurant industry. The reason for this cannot be far – fetched; food business is indeed serious business.Gaining a competitive edge requires a detailed analysis of the demographics of the surrounding area and the nature of existing competitors. And even if you are successful at first, new competitors could enter your market at any time to steal your clients. Don’t hesitate to adopt successful strategies from your competitors, but understand that directly competing with an entrenched rival is a bad idea for a beginning restaurateur.The restaurant industry is highly competitive with respect to price, value and promotions, service, location, and food quality. There are a substantial number of restaurant operations that compete with us for customer traffic, some of which have significantly greater resources to aggressively market to consumers, which could result in our concepts losing market shareConsumers are highly focused on value and if other restaurants are able to promote and deliver a higher degree of value, our guest traffic levels may suffer, impacting revenues. In addition, with improving product offerings at quick-service restaurants and grocery stores, coupled with the present state of the economy, consumers may choose to trade down to these alternatives, which could also negatively affect revenues.Investors should also know that running an independent restaurant is different from managing or operating a restaurant chain, which invites additional complications like incentive alignment, bureaucracies, growth strategy, and operational guidelines.List of Well – known Restaurant BrandsMcDonaldsFrench Laundry in Yountville, CaliforniaLe Bernardin in New YorkJoel Robuchon at the Mansion in Las VegasSaison in San FranciscoThe Willows Inn in Lummi Island, WashingtonUrasawa in Beverly Hills, CaliforniaBlue Hill at Stone BarnsMinibar in Washington, D.C.é by José Andrés in Las VegasManresa in Los Gatos, CaliforniaRestaurant NicholasRestaurant AugustFrasca Food and WineRestaurant Guy SavoyLa Belle VieYum! BrandsChipotle Mexican GrillEconomic AnalysisWhen starting a restaurant business, you just have to get your economic analysis right if your intention of building the business is to generate profits, grow the business and perhaps expand the business beyond one location to other locations within the United States and other cities in the world.When conducting economic analysis for your restaurant business, you just have to critically examine these key factors; place, product, pricing, and promotion. As a matter of fact, you would have to continue to review these key factors at regular interval while running your restaurant business. As a restaurant owner, you just have to have a proper grasp of you competitive landscape.Restaurant owners should also know that running their own single restaurant (an independent restaurant) is different from managing or operating a restaurant chain or franchise. Managing or operating a restaurant chain or franchise attracts additional impediments like incentive alliance, bureaucracies, growth strategy, and operational guidelines et al.It is important to note that food cost is one of the most important factors contributing to the overall cost of a restaurant business and should be considered as a major factor when carrying out your economic analysis.Starting from Scratch vs Buying a Restaurant FranchiseIt is common to see some of the leading global restaurant brand is different countries of the world. This was achieved because some of the leading restaurants decided to venture into selling their franchise and at the same time operating a chain of restaurants. No doubt, the franchise model has indeed help restaurants to successfully expand both locally and globally at a very fast pace.If you are considering starting a restaurant business, then you have the options of either buying a restaurant franchise from an existing restaurant brand or starting your own restaurant from the scratch. All you need to do is to look at what is available before you and then you will be able to make a good business decision as regard choosing whether to start your own restaurant from the scratch or buy an existing restaurant franchise.Knowing the right questions to ask when buying any restaurant that is put up for sale is the key to a successful purchase, and it will help you discover the right information about the business. As a matter of fact, when you ask the right questions you will be able to buy a successful restaurant business that in no distance time will start yielding profits for you.Part of the factors that can influence your decision when it comes to choosing between start your own restaurants from the scratch or buying a franchise is the type of restaurant Business model that you want to build, your business goal and vision, your finance, the competition available within the location your intending starting your restaurant business, and available market et al.Possible Threats and Challenges You Will Face When Starting a Restaurant BusinessThe major threat and challenge that is going to confront your restaurant is the fact that they compete with already established restaurants and also other restaurant that are likely going to be launched in same location. You would have to go all out to compete for the available market in the location you choose to set – up your own restaurant.Other threats and challenges are economic downturn which usually affect purchasing powers and also unfavorable government policies. This is especially when it comes to the importation of our raw ingredients that can’t be found / cultivated in the United States. If the government of the United States of America places embargo on importation of major food ingredients, it would definitely affect the restaurant business.Writing a Business Plan for your Restaurant BusinessSo if you want to start your own restaurant business, you are required to write a detailed restaurant business plan that can pass reality test when subjected to it; you should work with the facts, figures and other indices in the industry as it applies to the location you intend starting your restaurant.The whole idea of writing a business plan is not just for the sake of having a business document in place; but a detail guide on how to effectively run your business from the scratch. Your business plan should outline and cover strategies on how you intend to manage your restaurant business. The rule of thumb in writing a business plan is to try as much as possible to be realistic and never to over project when putting figures on income and profits et al.These are the key areas that should be covered in your business plan; Executive summary and Company’s descriptions: you are expected to write about the concept of your business, descriptions of your company, your company’s vision statement, mission statement and where your company will be located.Other key components that should not be missing in your restaurant business plan are product offering, restaurant SWOT analysis, competitive analysis, marketing and sales analysis / strategies, pricing, costing and financial projection, publicity and advertising strategy, expansion and growth strategies, budget and start – up capital generation et al.How Much Does It Cost to Start a Restaurant Business?These are the key expenses you are expected to make when starting a medium scale but standard restaurant business in the United States of America;The total fee for registering the business in the United States of America – $750.Legal expenses for obtaining licenses and permits (Health department license and business license)and permits (Fire department permit, Commercial Kitchen permit, Air and water pollution control permit, Sign permit et al) as well as accounting services (CRM software, Payroll software, P.O.S machines and other software) – $15,300.Marketing promotion expenses for the grand opening of the restaurant in the amount of $3,500 and as well as flyer printing (2,000 flyers at $0.04 per copy) for the total amount of $3,580.The cost for hiring business consultant (including writing business plan) – $2,500.The cost for insurance (general liability, theft, workers’ compensation and property casualty) coverage at a total premium – $30,400.The cost for leasing a standard facility in a good and centralized location – $200,000.The cost for remodeling the facility and construction of a commercial kitchen – $100,000.Other start-up expenses including stationery ($500), phone and utility (gas, sewer, water and electric) deposits ($6,500).The operational cost for the first 3 months (salaries of employees, payments of bills et al) – $60,000.The cost for start-up inventory, restaurant furniture and gadgets (Tableware, Utensils, Dishes, Bar and Kitchen equipment, Fridges, TVs, microwave oven, Sound System, Tables and Chairs, Work Tables, Sinks, Slicers, Scales, Ingredient Bins, Filing Cabinets, Noticeboard and Staff Uniform et al) – $100,000.The Cost for supply of raw food, ingredients, drinks and beverages for a month – $5,000.The cost for store equipment (cash register, security, ventilation, signage) – $13,750.The cost of purchase and installation of CCTVs – $5,000.The cost for building and hosting a website – $600.The cost for opening party – $8,000.Miscellaneous – $5,000.You will need an estimate of seven hundred and fifty thousand dollars ($750,000) to successfully set up a medium scale but standard restaurant business with a government approved kitchen in the United States of America. Please note that this amount includes the salaries of all the staff for the first 3 months of operation.Starting a small scale but standard restaurant business without a commercial kitchen facility within the restaurant facility in the United States of America will cost from fifty thousand dollars to one hundred and fifty thousand dollars ($50,000 to $150,000). Please note that this amount includes the salaries of all the staff for the first 3 months of operation.When it comes to starting a standard and large scale restaurant business with several outlets in key cities in the United States of America, a restaurant business with the intention of selling franchise, then you should look towards budgeting well over two million dollars ($2 million). Please note that this amount includes the salaries of all the staff for the first 3 months of operation.Choosing an ideal Location for Your RestaurantThe fact that there are different types of restaurant scattered across the United States does not mean that restaurant business can thrive in every location. Before choosing a location for your restaurant, ensure that you conduct a thorough feasibility study.There is possibility of you coming across a restaurant that just closed shop in the location you want to start your restaurant can’t be ruled out. This is why it is very important to gather as much facts and figures before choosing a location to set – up your restaurant. These are some of the factors that you should consider before choosing a location for your restaurant:The demography of the locationThe purchasing power of the residence of the locationAccessibility of the locationThe numbers of restaurant in the locationThe local laws and regulations in the community / stateTraffic, parking and security et alThe Best Legal Entity to Use for a Restaurant BusinessIt depends on what you want and the type of business model that you intend building; you have the options of either choosing a limited liability company which is commonly called an LLC, or a sole proprietorship. Ordinarily, sole proprietorship should have been the ideal business structure for a restaurant business especially if just starting out with a moderate capital. But people prefer limited liability Company for obvious reasons.For example; Setting up an LLC protects you from personal liability. If a customer that patronized your restaurant suffers an allergy attack from your food, his lawyers can’t go after your property or properties. It is only the money that you invested into the limited liability company that will be at risk.It is not so for sole proprietorships and partnerships. Limited liability companies simpler and more flexible to operate and you don’t need a board of directors, shareholder meetings and other managerial formalities.List of Legal Documents You Need to Run a Restaurant BusinessThe legal requirements for restaurant business varies slightly from country to country, states to states and even from cities to cities. So, it is important to contact your local authority to know the legal requirements that you would need in order to start your own restaurant in your country.These are some of the basic restaurant licenses, permits and requirements needed before you can successfully start and run your own restaurant business;Business and liability insuranceFood handler certificateHealth inspection CertificateProof of district-issued food manager identification cardFood purchase record storage and record keepingDepot, commissary or service support facility meets vending unit operation needsCopy of license for the service support facility and/or a recent inspection reportTax Payer’s IDFire certificateKitchen insuranceCertificate of IncorporationBusiness LicenseBusiness PlanNon – disclosure AgreementEmployment Agreement (offer letters)Employee’s HandbookOperating Agreement for LLCsBuilding LicenseLiquor LicenseCabaret LicenseMusic LicenseFranchise or Trademark LicenseChoosing a Business Name for your Restaurant – The name you choose to give your restaurant will create the first impression in the mind of your patrons. They will judge your name even without seeing your kitchen and equipment’s and before tasting your food. Because of this, is it pertinent to choose a name that is easy to spell and pronounce, likable, memorable and of course catchy.Technical & Manpower DetailsWhen it comes to operating a restaurant, it is important to ensure that you acquire brand new equipment. As a matter of fact, kitchen utensils and equipment are affordable. Some of the kitchen utensils and equipment that you would need to launch your restaurant are;Gas CookerMicrowave OvenFridgeDeep FreezerBread ToasterBlendersSteam CookerPots, PansCutleriesrestaurant furnitureTablewaresound systemflat screen TVsPOS machines, and bar equipment (optional).You would also need accounting software, CRM software, payroll software et al.If you have the required finance, it is to your advantage to acquire a property or lease a facility to be used for you restaurant; it usually gives you the freedom to design the facility the way you want to it to be. But if you are low on cash, then you don’t have any option other than to rent a facility for your restaurant.As regard employees, there are certain roles that must be occupied before you can effectively and successfully run a restaurant business. You would need to employ a Chef / Cook, Restaurant Manager, Sales and Marketing Officer, Waiter and Waitress, Cashiers, Security Officers, and Cleaners. On the average, you would need a minimum of 10 – 15 employees.The Production Process Involved With Running a Restaurant BusinessUsually in a restaurant, raw foods and cooking ingredients are purchased; they are cooked / prepared in the kitchen (different delicacies) and then served / sold to customers as requested. It is a simple process it is all about cooking and serving.Marketing ideas and Strategies for a Restauranti. 42 Best ideas on How to Plan a Grand Opening for a Restaurant – To some restaurant business operators, a restaurant opening day might be nothing more than a fun-filled party, but you should know that how your opening day turns out can be the deciding factor of the success or failure of your business.ii. 15 ideas on How to Entertain Customers in your Restaurant – If you own a restaurant business and you want to continue welcoming new and old customers, then you must be highly creative and part of what you need to do is to ensure that you keep entertaining your customers.Interestingly, aside from the good delicacies on your menu list, one of the major reasons that can get people coming back to your restaurant is the entertainment they enjoy.iii. 10 Powerful Marketing ideas & Strategies for Local Restaurants – Now it is a known fact that most restaurateurs are usually so preoccupied with their products and services that they forget about the marketing aspect. While it’s important to constantly think of ways to improve the quality of your offers, even more important is marketing because it’s the only strategy that will help you attract customers to those offers.iv. Writing a Marketing Plan for a Restaurant – Writing a marketing plan for your restaurant business might seem intimidating at first. But the process is really manageable and can even be inspiring, as it will help you visualize your goals, identify your limitations, and capitalize on your strengths.v. 20 Strategies to Boost Restaurant Sales Without Advertising – Due to the influx of entrepreneurs into this industry, it might be really challenging to stay ahead of the competition and continue to increase sales when you are running a restaurant business. However, these few tips would help you increase sales in your restaurant.vi. 50 Creative Restaurant Marketing ideas & Strategies – It is important to clearly state that in this dispensation, customers use the Internet to find restaurants, to read reviews, to view menus, and of course to reserve tables online; loads of processes have gone digital. This is why most restaurants are increasingly adopting technology and the internet for marketing and advertising their restaurants.Statistics has it that restaurant chains in the U.S. spend about 3% of their revenues on marketing and publicity. They engage mainstream marketing channels like radio, TV, and print media.In recent time, most business including the restaurant industry relies on the internet and social media platforms to increase sales, promote their corporate identity and increase their brand awareness as well. If you have the money, you can as well sponsor events it will definitely boost your brand awareness.For example, McDonald’s was part of the sponsors of the 2012 Olympics and that singular act gave them leverage in the industry; little wonder they are still the leading brand in the restaurant industry. It might not come cheap, but the truth remains that advertising keeps a brand name fresh in the minds of the public (existing customers and potential customers as well).Restaurant business just like any other business in the food industry requires media hype to get people to buy into the brand.Tips for Running a Restaurant Business SuccessfullyIf your restaurant is owned solely by you, and you work under your own name and social security number (rather than a business name), you need a business credit card to keep your expenses separate and protect your own credit profile and assets.Running a restaurant business involves itemizing the menus and drinks you want to sell for the day, purchase raw food and food ingredients, prepare the foods, package the foods and snacks, arrange your restaurant and then welcome your customers. After the day’s sales, the books will be balanced, the restaurant facility, plates, pots, and pans and every other stuffs will be washed and kept in the appropriate place.It is important to state that the success of any business lies in the commitment and dedication of the employees. So if you intend running a successful restaurant, then you must ensure that you carry every member of your team along. You should create time for meetings; a time where goals, processes and issues will be reviewed et al.i. 20 Sure Tips on How to Lower Food Cost in your Restaurant – Being in business means making profits and in order to make profits, you must be willing to do all that you can to cut cost. No business will continue to make marginal profits if they are not deliberate in ensuring that their operational cost is reduced to the barest minimum.ii. 20 Unique ideas on How to Automate your Restaurant Business – Automation has been a strong presence in the restaurant industry, and its presence started getting felt in the industry in 2015. Today, technology-driven automation in restaurants is becoming more and more commonplace as restaurants are finding creative ways to get robots to handle tasks in the restaurant in order to simplify service delivery.iii. 20 Best Effective Security Tips for Restaurants and Bars – If you own a restaurant or bar and you want to continue to have your repeat customers throng your place of business, then you may consider following some hard and solid security tips that can help assure you and your customers of security.iv. 50 Best Management Tips & Tricks for Restaurant Managers & Owners – The restaurant manager is most times the difference between the success and failure of a restaurant. With the demanding nature of restaurant management, a restaurant manager requires a compendium of skills to be able to stand outv. 50 Best Restaurant Inventory Management Tips & Tricks – With your slim margins, controlling cost is the key to success and ultimately more profit. As food and labor are typically your largest expense, it is imperative to have a restaurant inventory management process and policy for your business.Expanding your Restaurant BusinessA lot of people think that franchising a restaurant is a very difficult process. This is however not true. Granted, like any other business expansion project, it will not happen overnight, but that does not mean that it is a very difficult process.Does the idea of Selling Your Restaurant Business for Profit Sound Nice to You?i. 5 Smart Ways to Quickly Value a Restaurant Business for Sale – Valuing a restaurant business involves understanding and finding a crucial balance between the needs of the owner and seller based on the restaurant’s assets and track record.ii. Best Places to Sell Used Restaurant Equipment – Selling off old restaurant equipment can help put money back into your pocket or business, and if you are planning to put your old stock in the market, here are ways and avenues you can use to sell off your old restaurant equipment, and the tips that would help you make your sales quickly enough.iii. 20 Tips on How to Sell your Restaurant Business Successfully – The restaurant business isn’t an easy business to run, and a lot of people who have tried their hands at it may want out after some time. Whatever your reason for selling off your restaurant business, here are a few tips that can help you do it the right way.

What are the best books written about or by billionaires?

There are many books written about billionaires but you can rarely find a book written by a billionaire. This is the complete list of 236 books written only by billionaires (fiction, casual, novel, poetry, cooking recipe books excluded)1,000 Dollars and an Idea: Entrepreneur to Billionaire by Sam Wyly (Net worth: 1.1 billion as per Forbes 2006)Texas Got it Right! by Sam Wyly (Net worth: 1.1 billion as per Forbes 2006)Immigrant Spirit by Sam Wyly (Net worth: 1.1 billion as per Forbes 2006)Beyond Tallulah: How Sam Wyly Became America's Boldest Big-Time Entrepreneur by Sam Wyly (Net worth: 1.1 billion as per Forbes 2006)Dallas Got it Right! by Sam Wyly (Net worth: 1.1 billion as per Forbes 2006)The Most Important Thing: Uncommon Sense for the Thoughtful Investor by Howard S. MarksMade in America by Sam Walton (founder of Walmart)Business @ the Speed of Thought by Bill Gates (founder of Microsoft)The Road Ahead by Bill GatesAm I Being Too Subtle?: Straight Talk From a Business Rebel by Sam ZellRandom Reminiscences of Men and Events by John D. RockefellerJohn D. Rockefeller: The Autobiography of an Oil Titan and Philanthropist by John D. RockefellerQuotations by John D. RockefellerAttack and Win in Business by John D. RockefellerThe Colorado Industrial Plan by John D. RockefellerJohn D. Rockefeller on Making Money: Advice and Words of Wisdom on Building and Sharing Wealth by John D. RockefellerDear Father, Dear Son: Correspondence of John D. Rockefeller and Jr. by John D. RockefellerZero To One by Peter Thiel (tech investor)Lean In For Grads by Sheryl Sandberg (female billionaire, one of the first employees at Google and Facebook)Lean In: Work, Women and The Will to Lead by Sheryl SandbergLean In for Grads by Sheryl SandbergOption B: Facing Adversity, Building Resilience, and Finding Joy by Sheryl SandbergThe Art of Being Unreasonable: Lessons in Unconventional Thinking by Eli Broad (net worth of $7.3 Billion)Jimmy: An Autobiography by Jim Pattison (net worth of $6.9 Billion)Birth: When the Spiritual and the Material Come Together by Shari Arison (female billionaire)Activate Your Goodness: Transforming the World Through Doing Good by Shari ArisonThe Doing Good Model: Activate Your Goodness in Business by Shari ArisonThe Link: How Doing Good Connects Us to Ourselves, Each Other…and Everything! by Shari ArisonFrom Red Tape To Red Carpet And Then Some by Gina RinehartShoe Dog: A Memoir by Phil Knight (founder of Nike)The Wanda Way: The Managerial Philosophy and Values of One of China’s Largest Companies by Jianlin Wang (net worth of $25 Billion)Start Small Finish Big: Fifteen Key Lessons to Start – and Run – Your Own Successful Business by Fred Deluca (founder of Subway, $3 Billion)Always Fresh by Ronald Joyce (founder of Tim Horton, a doughnut chain, net worth of $1.39 Billion according to Forbes)Simply Rich by Rich Devos (founder of Amway)Ten Powerful Phrases for Positive People by Rich DeVosBelieve! by Rich DeVosCompassionate Capitalism by Rich DeVos (this may be confusing since another billionaire wrote a book of the same name)Hope From My Heart by Rich DeVosThe Virgin Way: Everything I Know About Leadership by Richard BransonScrew It Let’s Do It: Lessons In Life, Like A Virgin by Richard BransonLosing My Virginity by Richard BransonVirgin Rebel: Richard Branson In His Own Words by Richard BransonLet's not screw it, let's just do it: new lessons for the future by Richard BransonScrew Business As Usual by Richard BransonBusiness Stripped Bare by Richard Branson | Book SummaryReach for the Skies by Richard BransonLike a Virgin: Secrets They Won’t Teach You at Business School by Richard BransonFinding My Virginity by Richard BransonHow to Make a Spaceship: A Band of Renegades, an Epic Race, and the Birth of Private Spaceflight by Richard BransonMoonshots: Creating a World of Abundance by Naveen Jain (Founder of InfoSpace, net worth: $8 Billion in 1998)What I Know For Sure by Oprah WinfreyThe Path Made Clear: Discovering Your Life's Direction and Purpose by Oprah WinfreyThe Wisdom of Sundays: Life-Changing Insights from Super Soul Conversations by Oprah WinfreyThe Best of Oprah's What I Know For Sure by Oprah WinfreyThe Uncommon Wisdom of Oprah Winfrey: A Portrait in Her Own Words by Oprah WinfreyJourney to Beloved by Oprah WinfreyThe Wisdom Journal: The Companion to The Wisdom of Sundays by Oprah WinfreyPractical Wisdom by Kochouseph Chittilappilly (Net worth: $1.2 billion as per Forbes 2018)Practical Wisdom 1: In Real Life and Management by Kochouseph ChittilappillyPractical Wisdom 2: In Real Life and Management by Kochouseph ChittilappillyThe Gift : How I gave away a kidney and got richer at heart by Kochouseph ChittilappillyNothing to Lose: Moments of belief that changed my life by Edir MacedoLeading By Design: The Ikea Story by Ingvar Kamprad (Net Worth of $33 Billion according to Forbes)The Gospel of Wealth by Andrew CarnegieAutobiography of Andrew Carnegie by Andrew CarnegieBusiness by Andrew CarnegieMy Life and Work by Henry Ford (founder of Ford Motors)Today and Tomorrow by Henry FordThe International Jew by Henry FordEdison As I Know Him by Henry FordThe Mary Kay Way: Timeless Principles from America's Greatest Woman Entrepreneur by Mary KaySurely You're Joking, Mr. Feynman! by Richard FeynmanPrinciples: Life and Work by Ray Dalio (net worth of $18.7 Billion according to Forbes 04/20)A Template for Understanding Big Debt Crises by Ray DalioPrinciples for Navigating Big Debt Crises by Ray DalioHow the Economic Machine Works by Ray DalioEat More Chikin by S. Truett Cathy (the founder of Chick-Fil-A, Net Worth of $6.2 Billion at the time of death according to Forbes.)Wealth: Is It Worth It? by S. Truett CathyHow did you do it, Truett? by S. Truett CathyIt’s Better to Build Boys than Mend Men by S. Truett CathyIt’s Easier to Succeed Than to Fail by S. Truett CathyThe Generosity Factor: Discover the Joy of Giving Your Time, Talent, and Treasure by Ken Blanchard (author of One Minute Manager) and S. Truett Cathy (this is a mini-parable explaining the benefits of generosity.)Netscape Time: The Making of the Billion-Dollar Start-Up That Took On Microsoft by Jim Clark (a.k.a. James H. Clark – net worth $1.3 billion, founder of three billion dollar tech companies)Built from Scratch by Bernie Marcus and Arthur Blank (Home Depot)Good Company by Arthur Blank (Home Depot)How to Lead: Wisdom from the World’s Greatest CEOs, Founders, and Game Changers by David M. RubensteinThe American Story: Conversations with Master Historians by David M. RubensteinWinners Never Cheat by Jon HuntsmanBarefoot to Billionaire: Reflections on a Life’s Work and a Promise to Cure Cancer by Jon Huntsman Sr. (Net Worth of $1 Billion according to Forbes, after giving away $1.2 billion)Ralph Lauren by Ralph LaurenDriven from Within by Michael JordanFor the Love of the Game: My Story by Michael JordanI Can’t Accept Not Trying: Michael Jordan on the Pursuit of Excellence by Michael JordanI’m Back!: More Rare Air by Michael JordanWhat It Takes: Lessons In The Pursuit Of Excellence by Stephen A. Schwarzman (net worth of $17.2 Billion according for Forbes, Oct, 2019)The Entrepreneur: 25 Golden Rules for the Global Business Manager by William Heinecke (net worth of $1.7 Billion according for Forbes)The Entrepreneur: Twenty-One Golden Rules for the Global Business Manager by William Heinecke (it seems to be an older version of the same book)How To Win At The Sport of Business by Mark CubanOnward by Howard Schultz (Starbucks)From the Ground Up: A Journey to Reimagine the Promise of America by Howard SchultzPour Your Heart Into It: How Starbucks Built A Company One Cup At a Time by Howard SchultzFor Love of Country by Howard SchultzFrom the Ground Up: My Journey to Reimagine the Role of a Global Business by Howard SchultzSteering Clear by Peter George Peterson (COE of Lehman Brothers, 1.6 Billion net worth)Bloomberg by Michael Bloomberg (Made his money from Bloomberg terminals)The Business of Happiness by Ted LeonsisBailout Riches!: How Everyday Investors Can Make a Fortune Buying Bad Loans for Pennies on the Dollar by Bill BartmannPizza Tiger by Thomas Monaghan (founder of Domino’s)How To Be Rich by J. Paul Getty (Fortune named him the richest living American in 1957.)How to be a Successful Executive by J. Paul GettyAs I See It: The Autobiography of J. Paul GettyMy Life and Fortunes, the Autobiography of One of the World’s Wealthiest Men by J. Paul Getty (apparently he wrote two autobiographies?)The Joys of Collecting by J. Paul Getty (this is more about his priceless art collecting hobby)Ernest and Julio: Our StoryCharles Schwab’s Guide To Financial Independence by Charles R. Schwab (net worth of $5.3 Billion)Charles Schwab's new guide to financial independence: practical solutions for busy peopleYou’re Fifty, Now What? by Charles SchwabHow to be Your Own Stockbroker by Charles SchwabReinventing the Market by Charles SchwabMargin of Safety by Seth Klarman (investor)Dream No Little Dreams by Clayton L. MathileThe Essays of Warren Buffett by Lawrence Cunningham (a curation of Warren’s shareholder letters)Poor Charlie’s Almanack by Charlie Munger (Warren Buffett’s partner)Call Me Ted by Ted Turner (media business)It Happened in India: The Story of Pantaloons, Big Bazaar, Central and The Great Indian Consumer by Kishore Biyani (net worth of $1.78 billion as per Forbes 2019)The First Billion Is The Hardest by T. Boone PickensBoone by T. Boone PickensFooling Some of the People All of the Time by David Einhorn (investor)Soros on Soros by George Soros (probably the densest and most difficult of them all. This guy was born with a genius mind for macro-economists far beyond my comprehension.)In Defense of Open Society by George SorosThe Tragedy of the European Union by George SorosFinancial Turmoil in Europe and the United States: Essays by George SorosThe Soros Lectures at the Central European University by George SorosThe Crash of 2008 and What it Means by George SorosThe New Paradigm for Financial Markets: The Credit Crisis of 2008 and What it Means by George SorosThe Age of Fallibility by George SorosGeorge Soros on Globalization by George SorosThe Bubble of American Supremacy by George SorosOpen Society by George SorosThe Crisis of Global Capitalism: Open Society Endangered by George SorosUnderwriting Democracy by George SorosOpening the Soviet System by George SorosThe Alchemy of Finance by George SorosDirect from Dell by Michael DellThe Startup of You by Reid HoffmanThe Alliance : Managing talent in the networked age by Reid HoffmanBlitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies by Reid HoffmanThe Meaning Revolution by Reid HoffmanThe Science of Success by Charles G. Koch (net worth of $50.5 billion as per Forbes 2019)Good Profit: How Creating Value for Others Built One of the World’s Most Successful Companies by Charles G. KochBetter India: A Better World by Narayana MurthyCompassionate Capitalism: How Corporations Can Make Doing Good an Integral Part of Doing Well (2004) by Marc Benioff (net worth $3.9 Billion+)The Business of Changing the World: Twenty Great Leaders on Strategic Corporate Philanthropy (2006) by Marc BenioffBehind the Cloud: The Untold Story of How Salesforce.com: The Customer Success Platform To Grow Your Business Went from Idea to Billion-Dollar Company-and Revolutionized an Industry by Marc BenioffTrailblazer: The Power of Business as the Greatest Platform for Change by Marc BenioffHabit of Labor: Lessons from a Life of Struggle and Success by Stef WertheimerMan at a Machine by Stef WertheimerRed Zone: Cars, Cows, and Coaches by Red McCombsBig Red: Memoirs of a Texas Entrepreneur and Philanthropist by Red McCombsThe Education of an American Dreamer: How a Son of Greek Immigrants Learned His Way from a Nebraska Diner to Washington, Wall Street, and Beyond by Peter G. PetersonFinding America’s Voice: A Strategy for Reinvigorating U.S. Public Diplomacy (2010) by Peter G. PetersonRunning on Empty: How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It (2005) by Peter G. PetersonGray Dawn: How the Coming Age Wave Will Transform America–and the World (2000) by Peter G. PetersonWill America Grow up Before it Grows Old: How the Coming Social Security Crisis Threatens You, Your Family and Your Country (1996) by Peter G. PetersonFacing Up: How to Rescue the Economy From Crushing Debt & Restore the American Dream (1993) by Peter G. PetersonSharing the Wealth by Alex SpanosI Love Capitalism!: An American Story by Ken Langone ($3.4 Billion according to Forbes)Beat the Crowd: How You Can Out-Invest the Herd by Thinking Differently by Ken FisherHow to Smell a Rat: The Five Signs of Financial Fraud by Ken FisherThe Only Three Questions That Count: Investing by Knowing What Others Don’t by Ken Fisher (I highly disagree with many points in this book; I prefer Warren Buffett’s style and Ken’s father’s book Common Stocks and Uncommon Profits)The Little Book of Market Myths: How to Profit by Avoiding the Investing Mistakes Everyone Else Makes by Ken FisherPlan Your Prosperity: The Only Retirement Guide You’ll Ever Need, Starting Now–Whether You’re 22, 52 or 82 by Ken FisherDebunkery: Learn It, Do It, and Profit from It — Seeing Through Wall Street’s Money-Killing Myths by Ken FisherMarkets Never Forget (But People Do): How Your Memory Is Costing You Money—and Why This Time Isn’t Different by Ken FisherThe Ten Roads to Riches: The Ways the Wealthy Got There (And How You Can Too!) by Ken FisherBeat the Crowd: How You Can Out-Invest the Herd by Thinking Differently by Ken FisherBattle for Investment Survival by Ken Fisher100 Minds That Made the Market by Ken FisherHow Google Works and The New Digital Age by Eric Schmidt, Chairman of Alphabet (formerly Google), 138th richest man in the world. (What I find interesting about him is that he doesn’t consider himself an entrepreneur. He considers himself a manager that helped Larry and Sergie create their dream of Google. You don’t have to be a CEO or founder guys!)Get Smarter: Life and Business Lessons by Seymour Schulich (Net worth of $1.5 billion according to Wikipedia)Grinding it Out by Ray Kroc (founder of McDonald’s)PAPA: The Story of Papa John’s Pizza by John H. Schnatter (Net worth of $1 billion according to Forbes)The Art Of the Deal by Donald J. TrumpMidas Touch: Why Some Entrepreneurs Get Rich-And Why Most Don’t by Donald Trump & Robert KiyosakiThink Like A Champion by Donald TrumpCrippled America: How to Make America Great Again Donald TrumpThe America We Deserve by Donald TrumpTrump: The Way to the Top: The Best Business Advice I Ever Received by Donald TrumpTrump 101: The Way to Success by Donald Trump (2006)Trump University Wealth Building 101: Your First 90 Days on the Path to Prosperity by Donald Trump (2007)Trump Never Give Up: How I Turned My Biggest Challenges Into Success by Donald Trump (2007)Think BIG and Kick Ass in Business and Life by Donald Trump (2007)Why We Want You to Be Rich: Two Men, One Message by Donald Trump & Robert KiyosakiCustomers Come First: From One Small Shop to a Worldwide Network of Stores by Masatoshi ItoThe Heart Of Doing Business: Memoirs Of An Entrepreneur by Masatoshi ItoAm I Being Too Subtle?: The Adventures of a Business Maverick by Sam Zell (Net worth of $5 Billion according to Forbes)Lui Che-woo: Creating Value: The Journey of a Self-Made Billionaire: The Authorized Biography by Lui Che woo by Lui Che-woo (Net worth of $15 Billion according to Forbes)Against All Odds: An Autobiography by James Dyson (Net worth of $4.3 Billion according to Forbes)A History of Great Inventions by James DysonDesign by James DysonWhatever the Odds The Incredible Story Behind DLF by Kushal Pal Singh (also known as K.P. Singh, Net worth of $5.3 Billion according to Forbes)Lim Goh Tong: My Life Story (Net worth of 4.2 billions dollar according to Forbes when he died, richest Malaysian at the time)Let My People Go Surfing: The Education of a Reluctant Businessman by Yvon Chouinard (Net worth of $1 Billion according to Forbes, founder of Patagonia, more of his books are in the Honorable Mention section)The Responsible Company: What We’ve Learned From Patagonia’s First 40 Years by Yvon ChouinardBillions to Bust and Back: How I Made, Lost and Rebuilt a Fortune by Thor BjorgolfssonThe Power of Many: Values for Success in Business and in Life by Meg WhitmanRun Your Business, Don’t Let It Run You: Learning and Living Professional Management by Clay MathileIn for a Penny: A Business Adventure by Peter Hargreaves (founder of Subway, Net worth of $2.9 Billion)Powerhouse Principles: The Ultimate Blueprint for Real Estate Success in an Ever-Changing Market by Jorge Perez ($2.8 Billion)Threshold Resistance: The Extraordinary Career of a Luxury Retailing Pioneer by Alfred Taubman ($3.1 Billion)A Passion to Win by Sumner Redstone (chairman of Viacom, Net worth of $5.4 Billion according to Forbes) – Read My Book SummaryMaking It Big by Binod Chaudhary (from Nepal, net worth of $1.32 Billion according to Forbes) binod chaudry billionaire bookMochtar Riady: My Life Story (from Indonesia, the founder of Lippo Group; net worth of $1.83 Billion according to Forbes) mochtar riady billionaire bookEverything is Possible: Life and Business Lessons from a Self-Made Billionaire and the Founder of Slim-Fast by S. Daniel Abraham (net worth of $2.1 Billion according to Forbes)Peace is Possible: Conversations with Arab and Israeli Leaders from 1988 to the Present by S. Daniel AbrahamThe Z Factor: My Journey as the Wrong Man at the Right Time by Subhash Chandra (net worth of $4.4 Billion according to Forbes)A Passion to Build: a Memoir of David M. Consunji (net worth of $3.5 Billion)Dave Says Well Done!: The Common Guy’s Guide to Everyday Success by Rex David “Dave” Thomas (founder of Wendy’s)My Life & the Principles for Success by H. Ross Perot (net worth of $4.1 Billion)Ross Perot: My Life by H. Ross PerotA Business Handbook: Advice I Gave My Son by H. Ross PerotUnited We Stand: How We Can Take Back Our Country by H. Ross PerotNot for Sale At Any Price: How We Can Save America for Our Children by H. Ross PerotSave Your Job, Save Our Country by H. Ross PerotThe Dollar Crisis by H. Ross PerotIntensive Care by H. Ross PerotRoss Perot Speaks Out: Straight Talking Answers to Today’s Tough Questions by H. Ross PerotRepped: 30 Days to a Better Online Reputation by Andrew Beal (net worth of $9.3 billion as of Forbes 2019)Radically Transparent: Monitoring and Managing Reputations Online by Andrew BealSimple Fly Fishing: Techniques for Tenkara and Rod and Reel by Yvon Chouinard180° South: Conquerors of the Useless by Yvon ChouinardClimbing Ice by Yvon ChouinardOut Where the West Begins: Profiles, Visions, and Strategies of Early Western Business Leaders by Philip AnschutzOut Where the West Begins, Volume 2: Creating and Civilizing the American West by Philip AnschutzOil of Russia: Past, Present & Future by Vagit Alekperov (net worth $19.8 Billion as of Forbes 2020)Vertically Integrated Oil Companies of Russia: Formation Methodology and Realization by Vagit AlekperovHope this helps, Upvote if you like it :)

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