Total equity shows the portion of the company’s assets that are owned outright by shareholders, which is crucial for evaluating ownership claims and control. It helps in determining the book value of a company, aiding in mergers, acquisitions, or sale negotiations. Total equity serves as a measure of a company’s net worth, helping stakeholders assess […]
Category Archives: Bookkeeping
Clients must evaluate their financial resources and determine whether they can afford the retainer fee without compromising other business or personal priorities. While the retainer model offers predictability, it may not always be the most cost-effective option, especially for clients with irregular or infrequent legal needs. Clients on retainer typically receive lawyer retainer fee meaning […]
Focus on the key items that work for your business and ensure you are tracking all your essential margins highlighted in the above, like labor, food cost, discounts, and food/beverage comps. Though not always inclusive, this should be informative enough to set you on your way to The Restaurant CFO success. It’s not perfect but […]