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How to Buy a Restaurant: An Ultimate Guide

7 Shifts

Tack on obtaining permits and licenses, and you could be in for a pretty big check. Things to consider are: Local Sentiment Finances Equipment Taxes or Violations Licenses and Permits What is the local sentiment towards the restaurant? Have there been any tax audits in the past three to five years? Table of Contents.

License 444
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The Top Five Startup Costs Restaurant Owners Need to Know

Modern Restaurant Management

Make sure you do a projection and daily audit to ensure your payroll costs are commensurate with your current revenue. Food and Beverage Inventory and Paper Supplies. Similar to your payroll expenses, your food and beverage expenses are going to vary depending on the type of restaurant you run. Licensing and Permits.

License 166
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article thumbnail

How to Buy a Restaurant: An Ultimate Guide

7 Shifts

Tack on obtaining permits and licenses, and you could be in for a pretty big check. Things to consider are: Local Sentiment Finances Equipment Taxes or Violations Licenses and Permits What is the local sentiment towards the restaurant? Have there been any tax audits in the past three to five years? Table of Contents.

License 195
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How To Start A Waste-Free Restaurant In The USA

The Restaurant Times

There is a high probability that the concept of a waste-free restaurant can prove to be the next big thing in the US food & beverage sector. ii) Food Service License. For a restaurateur, serving food items forms a significant part of the core operations, and a food service license is a must. iii) Liquor License. (iii)

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Marketplace Collection Laws Present Unique Challenges for the Restaurant Industry

Modern Restaurant Management

Some of these marketplace collection laws were hastily enacted and state revenue agencies may still be issuing guidance, determining audit enforcement practices, and resolving practical implementation issues as they arise. In general, states may only audit a restaurant for the sales on which it remits tax. Exclusions.

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How to Streamline Human Resources and Payroll in the Restaurant Industry

Restaurant365

There are some general areas to focus on when starting to audit your human resources information systems (HRIS) and payroll systems. Bartender Licensing. Some localities may require a bartending license or certificate to serve alcoholic beverages, although this requirement varies by state or municipality. Conclusion.

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Sample Blog Layout

Restaurant365

There are some general areas to focus on when starting to audit your human resources information systems (HRIS) and payroll systems. Bartender Licensing. Some localities may require a bartending license or certificate to serve alcoholic beverages, although this requirement varies by state or municipality. Conclusion.

Blog 78