SPEND WISELY
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Penny-wise and pound-foolish idiom

Definition of Penny-wise and pound-foolish

careful about small Amount of Money but not about large amounts used espicially to describe something that is done to save a small amount of money now but that will cost a large amount of money in the future.

The Plans to cut funding are penny-wise and pound-foolish

Effective capital management is essential to successfully grow a brand. Many brands are excellent at management the day-to-day expenses of food costs and labor but lack diligence on CapEx and facilities management. Pippett Consulting supports their clients by efficiently managing their capital when building new as well as refreshing and maintaining existing locations and assets. We help brands achieve their financial objectives throughout their growth plan with sound budgeting, planning, project execution and strategic facilities management.

WHAT WE DO

Development Capital Management

Development Capital Management

From Due Diligence to the Restaurant Opening we operate as the Owner's Representative ensuring that all aspects of the development and construction process are managed with the investors' best interest in mind.

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Facilities Capital Management

Facilities Capital Management

We implement a robust program called Captrak which includes ticketing, invoice tracking and asset management technology and work closely with your Operations, Facilities and Accounting teams. We can then either support your internal team or our team can take on the task of overseeing the ongoing day-to-day facilities management.

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WHO WE ARE

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Experience

We are a team of corporate restaurant development & facilities professionals.

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Cross Functional

We understand a project from multiple angles including that of your operations and finance/accounting teams.

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Partner

We are a partner with the ability to interact with executive teams and boards requiring a high level of confidentiality.


OUR TEAM

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