Frequently Asked Questions
How much money will Cornbread Consulting Firm make us?
It depends on the restaurant, but when we take a client on, we normally save them between 7% and 15% of sales (that’s between $70,000 and $150,000 for a restaurant with $1 million in sales). We do not take on any client unless we are extremely confident that we can make them more money (which is why we have a 95% success rate). If we think that you are a potential client, we will do an initial consult which allows us to specifically see the areas of opportunity and know how our services can help you and to what degree.
Is any job too big or small?
No job is too big or small. We offer a wide variety of services to cater to every aspect of your business. Whether you run a small business or a large corporation, we are here to help make it the best it can be.
Will Cornbread Consulting Firm help find restaurant financing for new restaurant start-ups?
We do not find equity financing, although, we do help to arrange bank financing and some other options for suitable restaurants—we work frequently on structuring restaurant companies, making financing a good option. Because of our expertise and experience in openings and operations, our involvement in a restaurant venture gives lenders an increased comfort level.
Does Cornbread Consulting Firm also manage restaurants?
We will manage a restaurant operation under the right circumstances. If an owner, or a group of owners would like to remove themselves from the operation, or are in need of someone to oversee the operation, we can provide this service. More often than not, the increased profits that we generate with our involvement in a management capacity will offset the fees that we charge.
What does it cost me for the initial consultation of my business?
It costs you nothing. It is absolutely FREE.
Can I get a list of other companies you have done business with?
No. Per our Confidentiality Agreement, we do not share any of our client lists, venture deals, names or contact information with anybody, unless a company gives us use of their logo to post.
Do you only work with certain types of restaurants?
No, our services cover the full spectrum of the hospitality industry. The majority of our clients are restaurants, but our overall client profile ranges from nightclubs to fine dining restaurants to catering and more.
How do I get started?
If you are interested in chatting with us, feel free to contact us to schedule a FREE no obligation consultation and getting to know each other discussion. Only if we both decide we want to work together and are a good fit, we will craft a simple agreement with a detailed estimate in writing that spells out the terms, conditions, and particulars of this project so both parties know exactly what to expect.
How are projects priced?
Every project is unique although we do have a list of the most prevalent jobs we are requested for. Each client has specific timelines and requirements, in some cases pricing can be discussed in the initial phone conversation. In more detailed projects, pricing will be reviewed following an assessment of the project venture. We pride ourselves on not only delivering a great product to our clients, but also in saving them a substantial amount of money while we work with them.
Do you work with new restaurant start-ups?
Yes, this is one of our specialties. Our team has combined opening experience of over 100+ restaurants from the ground, up. There are so many different components to a restaurant opening—POS, marketing, concept branding, menu engineering, licenses and permits, staff training, etc.—an opening is the one chance you have to do it right and having our team help you every step of the way makes sure that you do it right. Our experience also brings you immediate direct savings to your project. Our relationships and networking with suppliers and vendors makes us pay for ourselves.