Thu.Mar 30, 2023

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What Is the FICA Tip Credit? Five Things for Restaurants to Know About an Often-Missed Tax Credit

Modern Restaurant Management

The FICA Tip credit (FICA stands for Federal Insurance Contributions Act) is a federal income tax credit that was enacted to offer financial relief to businesses in the food service industry that has employees who receive part of their wages through tips given by customers. The tax credit was originally designed to deter businesses from hiding or underreporting tip income and prevent an unintended financial burden on those businesses for their share of the FICA tax on reported tips.

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Pandemic victim Sweet Tomatoes is planning a comeback

Restaurant Business

The buffet salad chain has signed a lease to reopen in Tucson, Ariz., in a former location. It remains to be seen how the brand will adapt to the post-pandemic era.

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Go Inside a Michelin-Starred Restaurant Kitchen

Modern Restaurant Management

Bon Appétit positioned a series of cameras inside the kitchen at Michelin-starred New York restaurant Crown Shy. Executive chef Jamal James Kent narrates as he and the staff handle a typical dinner rush.

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THE BOND OF COOKS

Culinary Cues

More than friends, beyond being co-workers, and far more complex than just people who share a set of skills – cooks and chefs who work together become brothers and sisters. I don’t know if it’s totally unique to the kitchen trades, but aside from the bonds of sporting teams or the unbreakable ties that those in the military, law enforcement, and fire departments share, being part of a kitchen family is quite unique.

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Planning Your Restaurants Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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Most Popular International Cuisines on Social Media

Modern Restaurant Management

The experts at Chef’s Pencil has released its latest report on the most popular international cuisines on social media. This year, the team included TikTok data, as the platform has emerged as one of the most popular social media platforms for sharing food-related content. They found that what’s trending on one social media platform is not always popular on the other.

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Secrets To Restaurant Success With Jussi Laurila of Arnolds

Apicbase

“The secret? It’s simple, I love food.” — Jussi Laurila , owner of Arnolds. Talking to Jussi, is talking to a passionate man. He goes out of his way to share his great love of good food through the network of Arnolds coffee bars. “I’m fanatical when it comes to flavours, ingredients and quality. You can call us fast food if you want, or even junk food, because you can also make that kind of food better.

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Subway to launch Pickleball Club sandwich

Restaurant Business

And, yes, there are pickles. The chain is a sponsor of the upcoming Pickleball Slam event, in which tennis icons battle with paddles instead of racquets.

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After 10 Years, Lisa Vanderpump’s West Hollywood Restaurant Pump Could Close

EATER

Charles Sykes/Bravo via Getty Im [link]

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Let's look at the reported bidders for Subway

Restaurant Business

The Bottom Line: Inspire Brands owner Roark Capital along with global gas station and restaurant operator EG Group are among the reported potential bidders for the fast-food sandwich chain. Here’s a look at the field.

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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

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3 Ways To Overcome Employee Concerns

Lady Boss Blogger

As an employer, one truth you may have to face is that your employees always have concerns about the business. However, what distinguishes you from others is your ability to address their worries and overcome the challenges they often come with. Doing this makes your workers feel valued and supported. If you prioritize addressing and […] The post 3 Ways To Overcome Employee Concerns appeared first on Lady Boss Blogger.

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One of the bankrupt Burger King franchisees is on the verge of a sale

Restaurant Business

Burger King is among a trio of approved buyers of most of the 90 units owned by Toms King Holdings, which declared bankruptcy in January. A court has yet to approve the deal.

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More Restaurants and Bars Are Becoming Worker-Owned in NYC

EATER

Lille Allen/Eater [link]

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Yum Brands has a $50M deal to help finance underserved franchisees

Restaurant Business

The program with the investment firm Lafayette Square, called Franchise Fast Start, is designed to provide access to capital for underrepresented franchisees of KFC, Pizza Hut, Taco Bell and Habit Burger.

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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

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5 essential accounts to include in your restaurant chart of accounts

Margin Edge

CFO 1 Source, New Orleans

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Presto to double down on drive-thru AI under new leadership

Restaurant Business

Interim CEO Krishna Gupta plans to continue what he helped his college buddy Rajat Suri start back in 2008. Suri stepped down as CEO this week.

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What Is Nonalcoholic Wine, Anyway?

EATER

[link]

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Sweetgreen pokes fast-casual rival with debut of a Chipotle Chicken Burrito Bowl

Restaurant Business

The LTO is Sweetgreen's first bowl with no lettuce and marks an ongoing move to capture the dinner daypart.

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Top 5 Ways to Optimize Your Loyalty Strategy

Speaker: Lauren Barash, Vice President, Brand Marketing

In an ever-evolving industry, building and retaining loyal customers is critical to the success of any restaurant business. Join Lauren Barash, VP of Brand Marketing at Full Course, as she delves into the world of restaurant loyalty programs, and reveals the top five essential strategies to optimize your approach! This webinar will explore: Loyalty trends and what you should be focusing on 📊 Actionable insights and ideas to help you develop the most powerful and effective loyalty program

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Howard Schultz Doesn’t Think Starbucks Has Done Anything Wrong

EATER

Schultz testifying on Wednesday. | Photo by Anna Moneymaker/Getty Images In testimony before Congress, Schultz doubled down on the company’s anti-union position Yesterday, former CEO and current board member of Starbucks, Howard Schultz, finally testified in front of the Senate Health, Education, Labor and Pensions (HELP) Committee regarding the company’s treatment of unionizing workers.

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Taco Bell pits Cool Ranch Doritos Locos Tacos against Beefy Crunch Burritos in online smackdown

Restaurant Business

Rewards members can vote on the app now for the return of one of these fan favorites later this year.

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