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Surviving COVID-19: 7 Financing Options for Restaurants

7 Shifts

From small business loans to microgrants to business credit cards, cash is available; it just takes a bit of application work and a little know-how. Mortgage interest payments Rent Utilities The government also offers 100% forgiveness on the loan principal as long as the funds are used on the appropriate expenses.

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The Legal Case for Recovering Lost Income from COVID-19 and Government Shutdown

Modern Restaurant Management

With each passing day, the scare of this novel virus is causing our emotionally-charged government officials at every level to react with decisions that effectively strip our ability to work, shop, play and interact normally in order to slow or prevent the spread of this viral outbreak while causing economic mayhem.

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THE RESTAURANT ECO-SYSTEM NEEDS HELP

Culinary Cues

A reduction in restaurant business leads to crop waste, unplanted land, and serious cash flow problems for farmers. Right now the restaurant industry needs help from the Federal government. Many bakeries have built their business model on this type of wholesale as their mainstay.

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How sustainable is Deliveroo in Australia?

Marketing4Restaurants

Some governments are also seeing that ‘Gig’ workers are displacing full and part time workers as Restaurants see that it is easier and cheaper to employ a delivery rider and therefore lay off their delivery team. Deliveroo in 2019 managed to decrease their loss to 41% of their revenue, down from 48%. Ethical Investing.

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How can we improve access to finance for smallholder coffee farmers?

Perfect Daily Grind

Without access to finance, many coffee farmers struggle to invest in their farms – their businesses – and few can manage their farms enough to make them profitable. Larissa Céron works at Neumann Kaffee Gruppe (NKG) Sustainable Business Unit in Hamburg. Rachel Nakasiita is Farmer Service Unit (FSU) Manager for NKG Bloom Uganda.

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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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Restaurant Startup Trends To Follow In 2022

The Restaurant Times

For those who have made it this far, the future appears bleak, as the government bailout package they expected didn’t come to pass. Investing in labour-saving technologies and providing simple and fewer menu selections, for example, has allowed them to free up cash flow and recruit more people or raise compensation.

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