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Employee Retention: How To Retain Employees For Small Businesses

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Employee retention should be high on every manager’s priority list. If it’s not, you run the risk of your best employees leaving for greener pastures. But an employee leaving doesn’t just impact you, the manager. It can also cause ripples throughout your business as a whole. Strategies To Improve Employee Retention.

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29 Proven Grand Opening Ideas For Small Businesses

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It’s vital to get it just right in order to set the best tone for your business going forward. Our experts have created a list of proven grand opening ideas for small businesses that will help you get the word out and host the best event possible. Grand Opening Ideas For Small Businesses. 6) Pass Out Flyers.

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Restaurant Bookkeeping: Comprehensive Guide to Master Bookkeeping

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Bookkeeping is one of the most essential aspects of any restaurant business. After all, a small, honest mistake can accumulate over time and turn into bigger operational problems— 17% of restaurants even fail in their first year due to mismanagement of finances. If that isn’t possible, then go for alternatives.

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Restaurant Budgeting: How to Create A Restaurant Budget

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The restaurant business is one of the most competitive industries, and this shows in the fact that only 20% of restaurants succeed in the market. Your restaurant expenses may vary depending on various factors, such as the equipment you use, your business location, the size of your operation, and whether you own or rent your commercial space.

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How to Open a Coffee Shop: The Ultimate Guide

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Write a Coffee Shop Business Plan. Sourcing Equipment. This step and research component is the foundation behind your business, and should be taken seriously! Visit them to learn more about what drives their business. Do they serve just coffee or small foods as well? Competition and neighboring businesses.

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What the American Rescue Plan Means for Restaurants

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billion in grants for small restaurants, among funding for vaccine distribution and $1,400 stimulus checks for Americans who make less than $80,000 a year. billion for dedicated restaurant relief to help save countless small businesses and jobs! ?? A business with a pending application under the Save Our Stages program.

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How the New Stimulus Package Helps Restaurants

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The main attraction of the HEROES Act is the extension of the Paycheck Protection Program , providing small businesses (that’s restaurants!) with 100% federally-backed, forgivable loans to keep their employees paid. The Paycheck Protection Program 2.0 Restaurants (like you) are eligible for up to 3.5 Who qualifies for an EIDL?