Cutting costs tends to be one of the main focus points for failing businesses. Revisiting the company’s mission statement can be beneficial. There is always going to be uncertainty when looking toward the future.

Erle Dardick has a great commentary discussing this. Times are constantly changing, and businesses need to change with it. Learning from the mistakes and success of past and present businesses can help you prepare yours for the times ahead.

Read the full article here: Going back to the basics always works
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Many factors must be considered when running a successful restaurant business. The quality of the food, the location, and the atmosphere are important – but perhaps most important of all are the employees. A happy, comfortable staff means happy, comfortable customers.

Colorado based Illegal Pete’s has it all figured out. By offering higher wages and health benefits to its employees, the restaurant has established itself as an icon. Founder and president Pete Turner believes the human piece is the most valuable part of the food service industry puzzle.

When staff feel secure, they’re more likely to do a good job. Patrons pick up on that. Illegal Pete’s boasts low turnover, and has many loyal staff members who have been there since the beginning.

With increasing minimum wages becoming a reality, Illegal Pete’s is already ahead of the game.

Read the full article (and watch the video) here: Illegal Pete’s: ‘We want to be living wage plus’
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