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Tyga Bites and Sushi with an Attitude

Modern Restaurant Management

TouchBistro acquired Boston-based TableUp, a provider of loyalty and marketing solutions for the restaurant industry. and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. TouchBistro Acquires TableUp.

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Digital Dining and ‘Restaurant Recovery’ Show

Modern Restaurant Management

When paired with other products like Square Marketing and Square Loyalty, sellers can strengthen customer relationships, create open lines of communication, and incentivize patrons to keep coming back. The program will kick off in the 50 largest U.S. Plus, Square is also waiving dispatch fees until July 1, 2020. Visa SMB Help.

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How to Read a Restaurant P&L (Profit and Loss) Statement + Free Template

SpotOn

But if you're a brewery, then you'd probably break line items down further into beer types. Health insurance, retirement plans (401(k)), paid time off (PTO) (vacation, sick leave, holiday pay), workers compensation, and meal discounts Training and onboarding. Think of your lease, insurance, and licenses.

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Owning a Bar: Everything You Need to Know

7 Shifts

Another option is to look into government programs that might offer financial assistance for small businesses. Perhaps you want to create a craft brewery, or maybe you'd prefer a trendy, urban winery that appeals to the yuppies? For example, do you have to buy insurance? What about a lease on the location of your business?

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MRM Research Roundup: Mid-August 2021 Edition

Modern Restaurant Management

Despite these efforts, some wineries are finding that the property insurance they once relied on is no longer available or is prohibitively expensive. ” Linked here is the full report, which also includes info on Massachusetts ABCC Section 25E½ decision and how it’s affecting brewery distribution agreements.

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Ghost Kitchen Franchise and Pandemic Resources

Modern Restaurant Management

Interest for alcohol-related experiences has increased since June 1, relative to other food activities, with a rise in consumer interest for wineries (up 51 percent), cideries (up 39 percent), breweries (up 24 percent) and distilleries (up 19 percent). The new franchise program is now available nationwide.

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Restaurant Profit Margin: 7 Ways To Actually Make Your Operation More Profitable

SpotOn

A bar or brewery is considered to be the highest profit margin restaurant business with a gross profit margin on alcohol that's around 80%. But many owners don't account for the high fixed costs of bars —like repairs, insurance, and alcohol theft which can leave them with less profit than expected. No high commissions.