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New PPP Loan Insurance Covers Food Service Establishments if the SBA Later Finds They Were Ineligible for the PPP Loan Program

Modern Restaurant Management

Businesses that benefited from PPP loans were required to meet the “necessity certification” requirement and consider alternative sources of liquidity, while also taking into account “affiliated” businesses, prior to submitting a loan application. Many of them received it in the form of PPP loans.

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Restaurant Bookkeeping: Comprehensive Guide to Master Bookkeeping

7 Shifts

Bookkeeping is one of the most essential aspects of any restaurant business. After all, a small, honest mistake can accumulate over time and turn into bigger operational problems— 17% of restaurants even fail in their first year due to mismanagement of finances. If that isn’t possible, then go for alternatives.

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How to Streamline Human Resources and Payroll in the Restaurant Industry

Restaurant365

For food service and hospitality in particular, an essential part of the guest experience is the interaction with employees. Unfortunately, even small mistakes in payroll and HR can be costly for business owners. Learning the basics of restaurant HR and payroll can help you prepare a plan that works for your business.

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Restaurant Taxes: Top 12 Tax Deductions and Tips For Restaurants

Harbor Touch

With restaurant taxes , you have some special tax considerations that are different from other business types. A permanent tax deduction is now available for equipment for small business under Section 179. If employees receive benefits and compensation, they must be provided for work that employees perform.

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Sample Blog Layout

Restaurant365

For food service and hospitality in particular, an essential part of the guest experience is the interaction with employees. Unfortunately, even small mistakes in payroll and HR can be costly for business owners. Learning the basics of restaurant HR and payroll can help you prepare a plan that works for your business.

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Virtual Acceleration, Raising the Bar and Insult Monitor

Modern Restaurant Management

Smart Foodservice operates 70 small-format cash and carry stores across California, Washington, Oregon, Idaho, Nevada, Utah and Montana that serve small and mid-sized restaurants and other food business customers with a broad assortment of products. (NYSE: APO) (the “Apollo Funds”) for $970 million in cash.

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Everything Restaurants Need to Know About the Restaurant Revitalization Fund

EATER

TL;DR: The Revitalization Fund will kick off after the Small Business Administration conducts a seven-day test run of the application portal over the next two weeks, the agency said in a release over the weekend. Hotel restaurants without their own employee identification number, per an SBA spokesperson.