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Financial Management for F&B Business #7 – Relationship between Expenses and Income with Assets and Owner’s equity

Orang berniaga salah satu tujuannya adalah untuk menjana pendapatan. Dalam masa yang sama, perbelanjaan turut berlaku dalam masa yang sama . Contoh mudah kedai makan dan restoran adalah perbelanjaan bahan-bahan…

Financial Management for F&B Business #6 – Accounting Equation

One of the important aspects of the accounting equation is assets, equity, and liabilities. With these assets, equity, and liabilities, the most basic accounting equation explains what the restaurant owns…

Financial Management for F&B Business #5 – Business Transactions

Business transactions are of two (2) types: those involving cash exchange and those not involving cash.

Financial Management for F&B Business #4 – GAAPs

Generally Accepted Accounting Principles (GAAPs) are standards applied in accounting and financial management to ensure consistency in procedures and techniques for preparing financial statements.

IP & Trademark

Company’s Name vs Trademark

There is often confusion when business owners think that after registering their business/company with the Companies Commission of Malaysia (SSM), their business name is automatically trademarked.

Technology Website & SEO

Google SEO

Have you ever heard about Google SEO? For business people who heavily utilize the online world, this method is commonly used as one of the marketing strategies.

Featured Technology Website & SEO

Create Your Own Website

Today, we will discuss how to create your own business website while enjoying a cup of coffee. As we already know, having a website for your business is essential. There…

Accounting Accounting & Finance Featured

Mar 2020

Financial Management for F&B Business #3 – Roles and Responsibilities

Let’s examine the financial management responsibilities in eateries and restaurants. These responsibilities need to be in place to ensure that financial information is provided accurately and within the specified time…

Business Model Canvas Business Strategy Featured

Feb 2020

Business Model Canvas Explained

Konsep BMC dah terbukti. Teruji dan diguna pakai oleh IBM, Ericsson, Deloitte dan banyak lagi organisasi besar di seluruh dunia. Revenue atau pendapatan tahunan berbilion dolar. Kalau nak tau, revenue IBM, USD$ 22.1 bilion (2015) & Deloitte pulak USD$36.8 bilion (2016).

Jan 2020

Financial Management for F&B Business #2 – What is Financial Management?

For restaurant financial management, restaurant managers use financial information to manage daily operational activities. This is closely related to the revenue and profits earned, as well as daily expenditures. It’s…