Traditional methods of advertising, such as TV, radio commercials and newspaper ads can be very expensive. If you are getting ready to open a new restaurant, or if you are looking for a way to promote you existing restaurant and don’t have a very big advertising budget, there are still several ways to inspire your [...]
Entries from June 2008
Advertising Budget
June 25th, 2008 · No Comments
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Human Capital
June 25th, 2008 · No Comments
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What is Inflation?Price Elasticity of DemandNominal vs. Real VariablesRecessions vs. DepressionsWhat is Economics?
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Definition: Human [...]
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Price Elasticity Gasoline
June 25th, 2008 · No Comments
In rejoinder to the ideas advocated by the Pigou Club I’ve read a integer of comments such as the following: A waken in gas taxes won’t do anything to change people’s behavior. Are people going to stop driving to work if prices go up? Are they present to quit their jobs? Are they universal [...]
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Restaurant Bar Set Up
June 24th, 2008 · No Comments
For many smack service restaurants . It is where patrons gather to sup and drink, while tarry mace pick up their beverages and cocktails. The set-up of a restaurant bar depends on your restaurant’s size, theme and liquor license. Some bars are service only, meaning it does not serve customers directly; it is just for [...]
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GDP Deflator
June 24th, 2008 · No Comments
Definition: The GDP deflator is a measure of the cost of goods purchased by U.S. households, government, and industry. Differs conceptually from the CPI measure of inflation, but not by much in modus operandi. (Econterms)
Terms joint to The GDP Deflator: CPI About.Com Resources on The GDP Deflator:
Writing a Term Paper? Here [...]
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Superhero
June 23rd, 2008 · No Comments
A Day in the Life of a Restaurant OwnerI think complete of the biggest reasons so many restaurants fail within the first three years is because owners do too little (woo Five Restaurant Myths for more on this) or they do too much. It is easy as a restaurant P to want to do everything [...]
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Population Base
June 23rd, 2008 · No Comments
There are a couple ways to figure out the population anchor of an area. One is to do a site survey. Big chains and corporations routinely conduct some type of site survey before they begin building. Because a location examine can expenditure as much as $25,000 or more, it usually is not an option for [...]
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Economic Recovery in the 1980s
June 23rd, 2008 · No Comments
The amelioration that first built up steam in the early 1980s was not without its problems. Farmers, especially those operating small family farms, continued to face challenges in making a living, firstly in 1986 and 1988, when the country’s mid-section was hit by means of serious droughts, and several years later when it suffered extensive [...]
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Restaurant Bar Checklist
June 22nd, 2008 · No Comments
Everything You Need to Open a Restaurant Bar Basic Liquors Here is list of the basic John Barleycorn most restaurant bars pinch. Liquors come in three varieties:
• Well (cheap) • Call (Moderate) • Top Shelf (expensive)
Here are the most common hard liquors that you will perceive in nearly every restaurant bar:
• [...]
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Oil Speculators and Oil Prices
June 22nd, 2008 · No Comments
Many have blamed the lightning-fast rise in lubricator prices in 2007 and the first-half of 2008 on speculators. But if we somehow banned speculators from trading oil futures and options, would the price of oil drop back down to pre-2007 levels? It is not clear that it would.
The link between consequential oil prices and [...]
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