THE LUMIERE BLOG
Prime Cost: The Most Important Number in Restaurant Finance (And How to Control It)
Prime cost is the single most important number in restaurant finance. This quick guide breaks down what it is, why it matters, and exactly how to control food, beverage, and labor costs for stronger margins.
How Agencies Should Prepare for Due Diligence (Without Losing Their Minds)
Due diligence can overwhelm agencies that aren’t prepared. Here’s how to organize financials, contracts, operations, and team processes to make the acquisition process smooth and successful.
Employee vs Contractor, Exempt vs Non-Exempt: Are You Correctly Categorizing Your Staff?
Misclassifying employees, contractors, or exempt vs. non-exempt staff can expose your organization to back wages, overtime claims, and legal penalties. This post breaks down how to correctly classify different types of workers, what the IRS and DOL look for, and the steps nonprofits can take to stay fully compliant and protected.
5 Ways to Reduce Food Cost This Month (Fast Wins for Restaurant Operators)
Food costs rising? Here are five fast, effective tactics restaurant operators can use this month to lower COGS, tighten inventory, reduce waste, and protect margins—without adding more work.
Why Agencies Miss Margin Targets on Fixed-Fee Work (And How to Fix It)
Learn why agencies miss margin targets on fixed-fee projects — and the operational, financial, and delivery systems that restore predictable profitability.
The One Big Beautiful Bill Act (OBBBA) - What Employers and Employees Need to Know
The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, introduces a wide range of changes to federal tax codes, social programs, and more, impacting both employers and employees.
Why Agencies Struggle to Forecast Revenue (And How to Fix It)
Creative agencies often guess at future revenue because pipeline, timing, retainer behavior, and delivery capacity aren’t modeled properly. Here’s how to fix it.
The Ideal Finance Tech Stack for Creative & Marketing Agencies
A complete breakdown of the ideal finance tech stack for creative agencies, including tools for accounting, time tracking, forecasting, CRM, media reconciliation, and automation.