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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

Remember that it can also be expensive to hire and train new employees. Make sure you do a projection and daily audit to ensure your payroll costs are commensurate with your current revenue. Licensing and Permits. Before you can open your restaurant, you need to have the right licensing and permit.

License 178
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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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6 Secrets To Ace Restaurant Health Inspections

The Restaurant Times

The body is responsible for setting safety standards, conducting health inspections, and issuing food licenses to restaurant businesses in India. . The first inspection involves an audit process and followed by the physical inspection of the restaurant premises where the food is prepared. Source: Washington Hospitality Association.

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How To Start A Waste-Free Restaurant In The USA

The Restaurant Times

After you apply for EIN, you can then apply for the other permits and, at the same time, start hiring for the restaurant officially. 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.

Waste 98
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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. Tailor your hiring and recruiting practices. The first step in reducing high turnover is to examine your hiring and recruiting practices. How are you communicating with your potential new hires?

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5 Things To Consider Before Going For Restaurant Consulting

The Restaurant Times

And while there is a lot to learn and accomplish on your own, this is where hiring restaurant consulting services can provide the much-needed guidance for your business to take off. . Companies hire these professionals to identify challenges and provide services for the growth of their establishment. Filing for licenses and permits.

Audits 52