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How to Open a Restaurant or a Bar: 5 Steps

Next Restaurants

When opening a bar or restaurant, one of the first questions folks ask is “Where do get money for the business?” First of all, you need to determine the format and concept of your new restaurant, draw up a business plan, and budget startup costs and continuing costs. Choosing a Location for Your New Restaurant.

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Succession Strategies for Restaurant Owners: Safeguarding Your Legacy 

Modern Restaurant Management

The loss of volume for the franchise, the forfeiture of jobs for the community, and the closed restaurant locations could have been avoided with a thoughtful succession plan. Despite this, restaurant owners and franchise brands routinely shy away from discussions around exit strategies or succession planning.

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Touchless Ketchup, Icing on the Frosting and Bobacino

Modern Restaurant Management

In this edition of MRM News Bites, we feature restaurant community support endeavors, new tech and a little holiday fun. launched the Ocean Spray Farmers for Chefs Alliance with the goal of helping as many qualifying independent restaurants as possible cover rent, utilities, and payroll costs. Supporting Independents.

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Ghost Kitchen Franchise and Pandemic Resources

Modern Restaurant Management

YEA uncovers longer term trends, including a correlation between increased interest in restaurants, bars and nightlife, and gyms to a spike in COVID-19 cases across hotspot states. Permanent Closures Continue to Increase Across Restaurants, Retail and Other Industries.

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Resources and Links to Help Restaurants Now

Cheetah

That’s why our team of industry veterans are putting together this series of tips, resources, and advice from around the restaurant world. We’re less than a week into the declaration of a global pandemic, and the restaurant industry as we know it is already unrecognizable. Sign up your restaurant now.

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Resources and Links to Help Restaurants Now

Cheetah

That’s why our team of industry veterans are putting together this series of tips, resources, and advice from around the restaurant world. We’re less than a week into the declaration of a global pandemic, and the restaurant industry as we know it is already unrecognizable. Restaurant Relief Programs. IRS Tax Relief.