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Should businesses focus on increasing sales or reducing costs?

Food business owners are often faced with this dilemma – do I focus on increasing sales or do I spend my time on finding ways to reduce my costs?  In-fact this is one of the biggest balancing acts (by-far not the only one) that food entrepreneurs face.

Looking at the […]

Why would anyone want to start a restaurant?

Having been around literally thousands of food businesses from large scale food manufacturers, restaurants of all sizes, food trucks, and even convenience stores, I often found myself wondering why would anyone start a food business.  It’s not that these food businesses were horrible, the majority were run by honest, […]

Food Business – Jay’s success story

If you’re starting a new food business, no doubt you’ve  dreamed of an amazing start!  Who wouldn’t want to have their business blow up at the start, pick up some momentum and quickly become profitable.  Here’s a very short story about a food business that did just that…

 

Two fish and […]

Groupon is not a marketing strategy – The effect of discounting on business

I’ve had a few conversations lately with several business owners who were considering discounting or reducing their prices as a strategy to increase sales.  With the popularity of discount websites such as Groupon, Daily Deals, Living Social and others,
businesses are looking to these sites to help increase their sales. […]

Why write a business plan

Every business would benefit from an effective business plan.  If you are starting a business, growing a business, launching a new product or purchasing an already existing business, doing a business plan can save you thousands of dollars, and a lot of hair pulling and head scratching.
Someone once explained […]

LeanRhino – all about the name

 

 

I get asked quite often why I chose the name LeanRhino for a business plan service.  Wouldn’t it make sense to just call it something like Michael’s Business Plan Services OR “The World’s Best Business Plan Service”?  I guess, but the name LeanRhino says much more than that – […]

By |June 11th, 2014|Creative|0 Comments

Writing a Food Truck Business Plan

Tis the season!  No not Christmas, it is the season for food trucks.  It is getting hotter here and that means food trucks are out serving their customers and making the most of the summer days.  If you’re a foodie, you may have thought about opening your own food […]

Business Proposals

I am very excited to have just finished a marketing proposal for a new and innovative marketing company!  Working on any project is always exciting and full of new learnings.  Here are some things to keep in mind when putting together a business proposal;

It pays to make them short. […]

By |September 2nd, 2013|Financing Your Food Business|Comments Off on Business Proposals

LeanRhino Featured

Recently LeanRhino was featured on withfivequestions.blogspot.ca – Here is the interview,

With over 10 years of experience in professional and business report writing, and a Masters in Business Administration from one of the top universities in Canada, Michael Sidra decided to start www.leanrhino.com.Lean Rhino is a service that delivers business plans, […]

By |September 2nd, 2013|Creative|Comments Off on LeanRhino Featured

Do 8 Page Business Plans Work?

Does an 8-page business plan work to get a loan or raise capital for a business start-up. The short answer is YES! An 8-page business plan will absolutely work to get loans and raise capital as long as the critical information is written into the plan.

We have spoken to […]

By |July 26th, 2013|Food Business Plans - General|Comments Off on Do 8 Page Business Plans Work?