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PPP Loans 2021: A Guide for Restaurants

7 Shifts

Instead, they partner with SBA-approved banks that foot the actual cash to qualifying small businesses. Here's how to qualify for a first-draw PPP loan in 2021: Been in business before February 15, 2020. Have fewer than 500 employees (if you own multiple restaurant locations, then you'll need fewer than 500 employees per location).

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Surviving COVID-19: 7 Financing Options for Restaurants

7 Shifts

From small business loans to microgrants to business credit cards, cash is available; it just takes a bit of application work and a little know-how. PPP Loans The Paycheck Protection Program seeks to protect jobs and cover other employee-related expenses by offering small businesses SBA loan amounts up to 2.5

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MRM Research Roundup: Mid-July 2020 Edition

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features Grubhub's State of the Plate 2020 trend report, the fragility of "open," di g ital resilience and brand intimacy. State of the Plate 2020 – top foods across various cities. Top Foods of 2020. miso tofu bowl.

2020 177
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MRM Research Roundup: End-of-October 2020 Edition

Modern Restaurant Management

Nearly half of respondents said they would last less than a year, with 28 percent saying they would last between four and six months – enough to sustain through the winter. From April 2019 to March 2020 – when U.S. percent to 78, according to the American Customer Satisfaction Index (ACSIÒ) Restaurant Report 2019-2020.

2020 219
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The 20/20 on 2020: Restaurant Experts Weigh In

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders and experts for their insights on what will impact restaurants in 2020 and the response was overwhelming. Rick Camac, Dean of Restaurant & Hospitality Management at the Institute of Culinary Education. Jim Collins, CEO at Kitchen United.

2020 136
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Back of House, Yet Front-Facing Priority – Restaurant BOH Trends to Monitor in 2023

Modern Restaurant Management

Is your restaurant up to speed with the latest best practices for back of house (BOH) management? Everything from decreasing food waste to exploring how automation can increase revenue for small business restaurants is related to BOH procedures. Here are some back of office trends to watch for in 2023.

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Restaurant Acquisitions: A Three-Bucket Thesis for Transactions in 2020 and Beyond

Aaron Allen & Associates

We think foodservice-related investments can be grouped into one of three types. On the sell-side, this presents an opportunity to find the right partner who will stay loyal to your brand, employees, and guests. Enhancing sustainability and longevity. Adding expertise and management skills. Growing market share.

2020 110