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COVID-19-Related Government Budget Deficits May Spur Aggressive Payroll and Sales Tax Audits 

Modern Restaurant Management

The days of full dining rooms and crowded bars are gone for now leaving many businesses struggling to pay employees and keep its doors open. Less revenue for businesses and income for individuals means less tax dollars for federal and state governments. However, restaurants are not alone in their struggles. On July 13, the U.S.

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THE RESTAURANT ECO-SYSTEM NEEDS HELP

Culinary Cues

Restaurants have been relegated to outside dining or limited indoor space with loads of protocol limitations (some that are even more stringent than what is expected of other businesses) – this doesn’t pay the bills or keep a staff employed. There is literally no opportunity for them to play and earn a living.

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Franchise Compliance Guide: Laws + Agreements

7 Shifts

They employ thousands of people and have served billions, and with so many people affected, it's understandable why there are franchise-specific laws and regulations in place. Here's an overview of what franchisors and franchisees need to understand about franchise compliance to ensure a smooth-running, legally-sound franchise. State Law Compliance.

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LESSONS GIVEN – LESSONS LEARNED

Culinary Cues

Four-page menus do not reflect business common sense – inventories become unmanageable, waste is much more difficult to manage, the level of expertise required of employees grows exponentially, consistency and quality are challenging, and profit is hard to predict and realize. What if……happens? How will we react?”

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What Restaurant Relief is Ahead?

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked Kathryn Petralia, co-founder of Kabbage, for her insights on the next financial resources for restaurants. Our data shows many businesses that received a PPP already have significantly reduced cash balances after taking the loan. Instead, we pay small businesses a 1.1

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Fiscal Flavor: Where Tax Credits and Incentives Add Zest to Every Bite

Modern Restaurant Management

As a restaurant owner, managing your finances effectively is crucial for the success and growth of your business. These incentives can help reduce your tax liability, increase cash flow, and promote business expansion. by the end of 2023 and surpassing pre-pandemic levels.*

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8 Ways to Navigate The Restaurant Staff Shortage

Lavu

Additionally, the enhanced unemployment benefits provided by the government during the pandemic have made it financially feasible for some workers to stay unemployed instead of searching for a job in the restaurant industry. The restaurant staffing shortage is a major challenge for restaurant owners today.