In this case, the problem of James' restaurant is that the volume of business for the restaurant is growing but the restaurant's revenue is declining, and the two should be proportionate. In addition, James believes his employees so he does not hire a cashier and he accounts for his restaurant is counted daily by himself, the restaurant also does not have its own internal system, which is not very beneficial for employees' salaries or the company's control of the electricity and other things.
In James’ restaurant, staff are fully trusted by James, so employees are …show more content…
Secondly, James can change the payment method for both cash and card, at the same time, James can create a different way of selling, so that customers have a variety of options, for example, can be set up takeaway system, so that customers can eat their own restaurant food at home and using the feedback system established by the restaurant, customers can leave a message on the system, which allows James to understand more about the customer's idea to make some improvements on the dishes to attract customers come again. Thirdly, James should have some budget for running a restaurant, such as purchasing food ingredients and estimating employees’ salaries. James can make a one-month or one-quarter …show more content…
For small businesses such as restaurant, there is not much staff in it, so some employees need to do a lot of work at the same time. Although this can reduce the restaurant's expenditure on staff's salaries, employees can change the accounts of some counts by themselves, such as when friends come to eat in the restaurant, the employee can give friends some discounts or free, but this will result in less revenue for the restaurant on that day, while James's own daily book totals may produce some errors so that the day's earnings in the statement may less than the counts in