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Guest Blog: PPP Loan Forgiveness for Restaurants

Restaurant365

We have outlined answers to some frequently asked questions as it relates to the guidance currently in place: When does the 8 week forgiveness period begin? Hourly wages paid to tipped employees during the elected covered period are eligible to be included in wages for the purpose of payroll costs in loan forgiveness.

Blog 142
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Sample Blog Layout

Restaurant365

Successful restaurant owners and operators don’t just provide great food. For food service and hospitality in particular, an essential part of the guest experience is the interaction with employees. Design an employee onboarding process. Your employees rely on you to provide a safe working environment.

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Flexible Covered Period and Expanded Allowable Expenses Makes Newest Round of PPP Funds More Advantageous for Restaurant Businesses

Restaurant365

Additionally, businesses applying for a PPP loan can also apply for Employee Retention Tax Credits (ERTC), if the credits are not applicable to wages paid with forgiven PPP loan funds. The Act also redefines payroll costs to specifically include group insurance payments made on group life, disability, vision and dental insurance.

Insurance 148
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Essentials of Payroll Accounting for Restaurant Groups, Part 1

Restaurant365

How you run and track your payroll accounting has a significant impact on restaurant operations. From hiring and onboarding to running employee payments and paying taxes, payroll touches on many different parts of a restaurant business. Tracking labor and payroll data for restaurant employees.

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What is a PEO and How Can It Help Your Business?

Hot Schedules

Employee benefits services. By outsourcing some of these necessary but time-consuming HR tasks, you can focus on the day-to-day operations and activities that will help your business grow and thrive. Employee benefits services. What is a PEO & How Can It Help Your Business? Learn everything you need to know about PEOs.

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How to Set Up Online Ordering for Restaurants

7 Shifts

What are the benefits of self-operated delivery for restaurants? Keep temperatures together —this may mean many bags or even packaging burgers separate from toppings For even more tips and tricks for takeout packaging, check out the MrTakeoutBags blog. 7shifts' data has seen a 243% growth in delivery-related roles (i.e.

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Restaurant Labor Costs Every Store Manager Should Track

Restaurant365

With the help of actionable data and reporting, store managers can help control labor costs, without negatively impacting the customer experience or employee retention rates. Here are a few helpful labor cost terms, along with how they are related to your total labor cost. Hourly Employees. Salaried Employees.