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Special Considerations for Restaurants and Franchised Businesses Under the CARES Act

Modern Restaurant Management

In addition to being the hardest hit, these segments are heavily franchised. The PPP, which is administered by the Small Business Administration (SBA), is designed to ensure that businesses with 500 or fewer employees can continue to meet their payroll demands. For example, according to the March 2020 jobs report from the U.S.

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Little Known Tax Benefits of Franchising Your Business

MBB Hospitality

While you can’t deduct personal expenses like living and family-related expenses, for things that you use for both personal and business use, you might be able to. Here are some little known tax benefits of franchising to keep in mind. You Can Deduct Franchise Fees. You Can Deduct Your Home Office.

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Looking to Grow your Restaurant Franchise In Saudi Arabia? Here are 10 Proven Strategies to Keep in Mind

The Restaurant Times

Restaurant owners mainly turn to the franchise route for business expansion because of a lack of time and resources. How To Franchise Restaurant In Saudi Arabia. People are mostly under the impression that franchising a restaurant is a complicated process. Thus, using Franchise Management software helps to resolve this issue.

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From 2019 to 2020: Tech-xtualizing the Three Major Challenges Restaurants Face

Modern Restaurant Management

For instance, the growth of delivery led to uncharted operational struggles, with more business came heightened compliance risks and of course, with more customers came labor-related headaches. Directly managing a delivery workforce comes with a slew of management and administrative-related burdens and costs for operators. Labor Wars.

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Surviving Disruption: How New COVID-19 Legislation Can Assist the Restaurant Industry

Modern Restaurant Management

The program was created to help small businesses (fewer than 500 employees) with funds to pay up to eight weeks of payroll costs, including benefits. Restaurants and franchises are waived from the SBA’s current affiliation rules within certain criteria – great news for entities with private equity investors. 10 million.

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How are You Managing the New Oregon Fair Work Week Act?

Hot Schedules

The law is meant to provide more structure and stability around schedules for hourly employees of large brands. As such, restaurant, retail and hospitality employers with 500 or more employees worldwide must now comply. This includes chains and integrated enterprises, but not independently owned franchises.

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How to Open a Restaurant or a Bar: 5 Steps

Next Restaurants

If you conclude a franchise agreement , then this network most likely has a coach who will bring you up to date and can help you through the entire process. The success of your restaurant depends on the experience and talents of the key employees : restaurant director, chef, barista, and bartender.

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