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Guest Blog: PPP Loan Forgiveness for Restaurants

Restaurant365

NOTE: As of June 3, 2020, both the House and Senate have passed the Paycheck Protection Program Flexibility Act of 2020. Covered rent obligations include business rent or lease payments pursuant to lease agreements for real or personal property in force before February 15, 2020.

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Employee Turnover is at an All-Time High: 5 Emerging Benefits Trends You Need to Know

Hot Schedules

health insurance and 401k plans), some creative thinking can create a work environment employees want to remain at without driving up expenses. Gone should be the status quo of pre-2020. How to Prevent Waste in Your Restaurants An understanding of comps and voids is key to loss prevention in the restaurant business.

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How to Set Up and Run a Ghost Kitchen for Your Restaurant Business

Restaurant365

The focus of this blog post is to help existing restaurants launch their own ghost kitchens. Statista’s latest data indicates that: Revenue in the online food delivery segment is projected to reach $26,527m in 2020. The market’s largest segment is restaurant-to-consumer delivery with a projected market volume of $15,631m in 2020.

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Top Five Supply Chain Management Tips

Hot Schedules

As business levels continue to fluctuate since early Spring, it is important to keep stock levels to a minimum to preserve cash and minimize waste. Who is ready to say goodbye to 2020? Top Five Supply Chain Management Tips. . Keep Stock Levels to a Minimum. Supplier Compliance. End of Year To-Do List for HR and Payroll Teams.

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MRM Research Roundup: Mid-August 2021 Edition

Modern Restaurant Management

During the second quarter in 2020, which covered the height of the pandemic lockdowns and restaurant dine-in restrictions, QSR off-premises orders increased by +9 percent over the same quarter in 2019, driven by solid growth in drive-thru and delivery orders. million in April 2020, per the Bureau of Labor Statistics. “The U.S.

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Blue Hill at Stone Barns Tells a Beautiful Story. Former Employees Say It’s Too Good to Be True.

EATER

A former front-of-house employee who left in 2020 says, “The goal is for us all to go out and take what we’ve learned and do great things, but what are we learning? A cook who left Blue Hill at Stone Barns in 2020 told me they received a 50-cent raise that brought them up to just $13.75. Amy Huo started in 2016 as an unpaid extern.

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9 Restaurant Cash Flow Tips for Your Recovery and Beyond

Restaurant365

Common fixed costs include: Rent, insurance, and property tax. Also, cross utilizing menu items helps reduce waste and save money. Restructure Your Seasonal Forecasts for 2020. For more no-cost and low-cost marketing ideas, read the blog post, 13 Restaurant Marketing Ideas and Tips for Driving More Customers.