First thing’s first: what is a ghost kitchen? The ghost kitchen is not a new concept. Also called a cloud kitchen, virtual kitchen, commissary kitchen, or dark kitchen, the ghost kitchen is a professional food preparation facility for delivery-only food businesses. The idea boomed during the pandemic because customers cannot dine-in in restaurants. Since they
Since the COVID-19 pandemic was hard for everyone, people turned to different kinds of comfort, including baked goods. It’s normal for people to seek comfort food when they’re stressed. And in the time of COVID-19, cookies, cakes, and pastries became the pick-me-up of many. As such, a lot of people also started their own baked
As a business owner, you know just how important it is to keep records. These documents are the backbone of any company, and they can help with everything, from taxes to keeping track of inventory. But why is record-keeping so vital? It’s simple: without records, businesses have no way to measure their success or growth.
Running a business involves staking shareholders’ money and the livelihood of employees. As such, an owner would want to prevent failure at all costs. Usually, money troubles in business and, consequently, bankruptcy could be averted if the following signs are detected early. Poor Cash Flow Cash, being the most liquid asset around, enables businesses to
We are still in the middle of a very transformative period for the global economy. While economic confidence has been on the rise, vast industries continue to suffer and find themselves caught in a dire pinch due to the Covid-19 global pandemic. And one such industry that’s been feeling the weight of restrictions and shortages
Traditional banking like waiting in line to apply for a loan, using an ATM to manage your money, or even talking to a teller to open a bank account aren’t exactly a thing of the past, but they’re fast going there. We now live in an era of absolute convenience and instant results- and this
Businesses these days are trying their best to keep up with consumer demands regarding sustainable practices. They want to cater to eco-conscious consumers who are after sustainable business practices and eco-friendly offers. The transition itself can be tricky. But it only becomes even more complicated once you start scaling the business. You will face numerous challenges when
The COVID-19 pandemic has created a ‘new normal’ that pushed employers to adopt new business models to keep up with the current situation. In the first months of the pandemic, businesses worldwide are struggling to navigate the remote work setup and finding ways to get a better hold of the situation. This led employers to
When you get a sudden windfall, thinking of the future should be one of your priorities. While it is nice to spend some of that money, it would be better to use the lion’s share of that windfall to do some investing. For those who are new to the idea, several investment choices are within
Business is not just business. It is a way of life. It is not just about transactions and investments but also about growing as a person and contributing to society. It is also about achieving childhood dreams and showing others how they can be done. So, what are the ways to grow our business to
