Restaurant Financial Services Conceptfront of house | back of house

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The Restaurant P-Card + Purchasing Rewards Card

Streamlining the procure-to-pay process for restaurants

Restaurants• The FOH-BOH P- card simplifies restaurant supply purchasing

• Use to purchase all supplies from any accepting vendor

• Track all purchases; integrates with accounting platforms

• Leverage dashboard for managing food and beverage inventory & costs

• Manage cash flow, extend beyond net 30 when needed

• Auto factoring options - attached to bank account for payments

• Enjoy manufacturers special offers and purchase discounts

• Receive reward points for everything you buy

• Get cash rewards direct from manufacturers, applied to bill

Manufacturers• Track purchases down to the street address

• Direct access to operators via FOHBOH

• Offer discounts, rewards and rebates direct to operators

• Build one-on-one relationship with operators

• Analyze B2B purchase and use data for sales and marketing

• Foster brand loyalty

• Gain unique insight to consumer habits

Distributors

• Cost reductions, such as eliminating invoice creation, handling and mailing; depositing payments and collection activities

• Electronically deposited funds - faster receipt of payments and improved cash flow

• Increase sales - access data to evaluate new product opportunities

• Get to know your customer better - access global purchasing data

Brokers

• Gain access to operators - lead generation for new products

• Offer discounts, rewards and rebates direct to operators

• Access B2B Data

FOHBOH will provide a single electronic invoice to the restaurant — at a minimum of once per month — reflecting all cardholders and their respective P-Card transaction totals plus a grand total, detailing all categories of purchases accessible via their dynamic dashboard.

The restaurant does not carry a balance, instead paying FOHBOH in full (at a minimum of one payment per month) for all cardholders’ transactions.

The restaurant processes the invoice, creating accounting entries and facilitating payment to FOHBOH and FOHBOH pays the vendor.

With P-Cards, the restaurant owner assumes liability for payment — the cardholder (Owner, Chef, GM, AM, KM) neither owes the FOHBOH (card issuer) nor makes payments. However, cardholders are expected to follow their restaurant’s policies and procedures related to P-Card use, including reviewing and approving transactions according to a set schedule (at least once per month).

Restaurant management can implement a variety of controls for each P-Card; for example, a single-purchase dollar limit, a monthly limit, merchant category code (MCC) restriction, etc.

How this works

Market Opportunity• Leverage FOHBOH brand name and access to operators

• Leverage founder’s finance, operations and technology expertise

• Offer first branded P-Card to $700 billion industry that purchases over $400 billion in food, beverage and supplies annually.

• Integrate financial management, inventory management and purchasing management tools as white label partner.

• Commercialize massively relevant B2B2C data to supply chain.

• Create massive vertically focused global restaurant + financial services firm

• Factoring, Loans, Payments, Private Equity, Banking, Investing, Accounting

Business Model• Partner with Financial institution or P-Card processor for white label

• Connect purchasing card to restaurant’s bank account

• Offer subscription access to manufacturers, brokers and distributors

• Partner with ordering platform

• Partner with inventory platform

• T&C’s will allow commercialization of data

• T&C’s will allow commercialization of the restaurant network

• Build ad network

• Leverage FOHBOH Social Network

FOHBOH.com

Restaurants Suppliers

The Restaurant Community

Restaurants buy from Suppliers Suppliers are paid by P-Card

Operators + Non-Operators engage as members of FOHBOH FOHBOH community memberships grows and becomes more valuable

Revenue Model

$0

$10,000,000

$20,000,000

$30,000,000

$40,000,000

Year 1 Year 2 Year 3 Year 4 Year 5

Revenue

Product Opportunities

P-Card

Management Software Chip & Pin Payments LoansRewards

AnalyticsCloud Tech

Equity

POS

Build | Buy | Partner | White Label

ContactMichael L. Atkinson

CEO

michael@fohboh.com 650-206-8405

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fohboh.com

@fohboh