How Local Restaurants Can Recover Faster Post-COVID

jsantiago — Fri, 04 Feb 2022 16:16:26 +0000

The COVID-19 pandemic was terrible for many companies. While this disease caused many financial problems to companies across multiple industries, one of the most affected was local restaurants. Not only did they have to close their doors for quite some time, but they were also victims of corrupt food delivery services.

Now that we are closer than ever to the end of the pandemic, it’s time for local restaurants to recover. But how can restaurant owners do this when they are still in the hands of corrupt food delivery services?

How Local Restaurants Can Recover Faster
Post-COVID - Snap Delivered

Overall speaking, local restaurants can make money in two different ways: either by serving meals in their place or by delivering meals to the customer’s homes.

We have seen many local restaurants stopping food deliveries because it was no longer a good source of income. In fact, it was a source of problems.

As a local restaurant owner, you want to make sure that your customers enjoy your service in terms of the food quality but also in terms of price. This means you need Snap Delivered.

Why Snap Delivered?

#1: Get The Food Delivered On Time All The Time:

One of the main problems of most food delivery services is that they just don’t care about you or your customers. They just want to get their paycheck month after month.

With Snap Delivered, you finally have the opportunity to deliver your delicious food to your loyal customers always on time. In fact, you can even see, in real-time, where each order is. Ultimately, this gives you more control over your business.

#2: Low Costs:

With Snap-Delivered-Mo, you can actually increase savings even though you’ll be making a lot more money from your food delivery service. Instead of relying on a poor and corrupt company to deliver your food, with Snap Delivered MO you will get professional drivers who won’t charge you high delivery fees.

#3: Grow Your Sales:

As soon as you start using Snap Delivered, you will immediately get positive feedback from your customers. This means that you can expect them to tell their friends about your service which will certainly increase your residual income. And we’re always talking about the food delivery part.

#4: Increase Your Savings:

With this service, you will finally be able not only to increase your sales and income but also, at the same time, you will increase your savings. After all, you won’t be paying high delivery fees to corrupt food delivery services. Instead, you will be able to rely on professional drivers who are committed to your local restaurant.

Bottom Line

With Snap Delivered, you can finally get a good partnership that allows you to recover your local restaurant after COVID-19. You will be able to focus more on the meals you prepare than on the problems related to food delivery.

Ultimately, you won’t be hearing any more customers complaining about not getting their food at home on time. And the best part is that you’ll even be saving money.

The post How Local Restaurants Can Recover Faster Post-COVID first appeared on Snap2Act.

What Is Residual Income And Why Do You Want It?

jsantiago — Sun, 30 Jan 2022 04:46:51 +0000

Active Income vs. Residual Income

You have probably heard the expression that “the rich get richer while the poor get poorer.” It’s often used to explain the unfairness when it comes to money.

However I don’t think this is unfair at all. The reason it happens is because the rich focus on a completely different way of earning money. There are thousands of stories about poor people who accumulated great riches and this choice is available to all of us.

Warren Buffett, Bill Gates, Richard Branson, and Oprah were not born into riches. Yet over their lifetimes they’ve amassed huge personal fortunes. This is because they understand and use the power of leverage through residual income like we’ll talk about today.

What Is Active Income?

Active income comes as a direct result of our efforts. This is when we work for one hour and get paid a certain amount for that hours work. This can be seen in wages, salaries, and self-employed service providers like lawyers or doctors.

There are many people who get paid vast amounts of money to become the CEO of a company, play professional sports, or star in a movie. Earning a high active income is often a lot of hard work and requires a dedication beyond most of us. It’s also limited because no matter how much money you get paid you still need to show up to work to earn your money.

What is Residual (or Passive) Income?

Residual income is when you continue to get paid after the work is done. This includes royalties from books, movies, or songs and also income that comes from real estate or business investments where you don’t actually have to be present to earn it. For example, Bill Gates is still making a residual income from Microsoft even though he isn’t working there anymore.

Residual income comes from building an asset that continues to pay you after the work has been done. A book, movie or song is an asset to the people earning royalties from it. A house is an asset to the landlord being paid rent and a business is an asset to the business owner who does not need to be involved in the day-to-day activities anymore.

The Passive Income Myth

Many people talk about passive income and create the impression that you never have to do anything to keep that income going. The truth is that you will normally have to keep your eye on things if you want it to run smoothly. For example Richard Branson doesn’t run any of the 400+ companies he started but he goes over the numbers each day to make sure they’re performing well and calls the CEO if there are any problems.

There is also an idea that we should work to build a passive income asset and then sit on the beach relaxing for the rest of our lives. The truth is that most people would get extremely bored with this scenario and will be eager to find something to do. That’s why the world’s billionaires continue to work… they love what they do and it stopped being about the money a long time ago.

How To Build Residual or Passive Income

The key idea here is leverage. You must be able to leverage other people’s time or other people’s money in order to create a residual income. Richard Branson can run 400+ companies because he isn’t actually running any of them at all. His CEOs are.

To create residual income, you need to create something that people will continue to buy on a regular basis long after you’ve created it. A house is a prime example of this as people will continue to pay rent for the right to live in the house. A business needs to have products that are sold over and over again rather than trading the business owner’s time for money.

The products might be an item that has been created and can be duplicated or it might be the time of other people. For example, a dentist can only make so much income trading their time for money but when they bring on other dentists they will start to leverage their results to build residual income.

The First Steps to Creating Residual Income

The first thing is to be aware of how you work for active or residual income. Then you want to decide a path that transitions from active to residual income over time. It’s hard to start a new business and create residual income tomorrow so you have to have some patience.

As you make more residual income you can start to scale back the hours you put into active income. This will mean your residual income will grow even faster once you pay it more attention.

Jim Rohn was famous for saying

“I’m working full-time on my job and part time on my fortune.

But it won’t be long before I’m working full-time on my fortune.

Can you imagine what my life will look like?”

Start Here

The post What Is Residual Income And Why Do You Want It? first appeared on Snap2Act.

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How Local Restaurants Can Recover Faster Post-COVID