Tag Archives: restaurant

Food Safety Expert Witnesses & New FDA Rules

Food safety expert witnesses may report and testify on standard of care food safety, food safety systems, food products, and more. On July 26th, the FDA issued two proposed rules aimed at helping to ensure that imported food meets the same safety standards as food produced in the US. FDA news release:

Read more

Restaurant Business Purchase Valuation Trends

Restaurant business purchase trends have improved, but you have to know wheree to look for buyers

Read more
Independent Restaurants, 2011 Expected Developments

Independent Restaurants, 2011 Expected Developments

While the publicly traded and big chain restaurants get most of the trade press attention, the fact remains that a majority of restaurant businesses in the US remain  “independents.” Here are some notes and factors underway that will affect 2011: Slow growth, at best: a tide of returning to normal upper end business travel has […]

Read more
Restaurant Sector: Survival and Potential Conflicts, Part 4

Restaurant Sector: Survival and Potential Conflicts, Part 4

Traditional Industry Conflicts Due to the fairly difficult nature of the business, some traditional lines of conflict between elements of business and society routinely emerge: Restaurant owners /operator vs. government and regulation: as noted earlier, restaurants are very highly regulated. One visit from the Board of Health can shut a restaurant and result in loss […]

Read more
Restaurant Sector: Survival and Potential Conflicts, Part 5

Restaurant Sector: Survival and Potential Conflicts, Part 5

Restaurant owners/operator vs. lenders: lenders are somewhat suspicious of restaurants and the perceived high failure rate. While there are periods of easy money and credit, single unit operators at best have very constrained credit availability, and the big chains and successful large franchisees have it somewhat better. But even the large chains are not immune […]

Read more
Restaurant Sector: Survival and Potential Conflicts, Part 3

Restaurant Sector: Survival and Potential Conflicts, Part 3

Most of the economic performance of any restaurant can be determined by the restaurant level economic drivers: amount of debt, interest rate, sales, cost of operations, and the cash flow (or outflow) that results from every restaurant. Once a restaurant operator reaches about 5 units or so, they will benefit and grow through economies of […]

Read more
Restaurant Sector: Survival and Potential Conflicts, Part 2

Restaurant Sector: Survival and Potential Conflicts, Part 2

Despite the initial cost markup on food—restaurants have heavy fixed costs and really are truly busy with customers only a few hours a week. For example, the most profitable restaurants—McDonalds and Darden have reported total company profit margins only around 10%. For the independent operator, the economics is all about trying to pay their rent […]

Read more
http://expertwitnesstoday.com/wp-content/uploads/2010/01/Construction_Engineering_43169-300x300.jpg

Part 1 – Why do Construction Delays happen and how to analyse it

Construction projects often suffer from delays due to a wide variety of reasons, which can have severe financial impact on the project. As a result, delay claims may be filed. The analysis of the delay impact, the causes and effects of the delaying activities is one of the most complicated types of claims analysis.

Read more