article thumbnail

COVID-19-Related Government Budget Deficits May Spur Aggressive Payroll and Sales Tax Audits 

Modern Restaurant Management

Less revenue for businesses and income for individuals means less tax dollars for federal and state governments. Given the budget deficits faced by federal and state governments, taxing authorities are likely to begin encountering increased pressure to collect more revenue. On July 13, the U.S. States are facing similar problems.

Audits 450
article thumbnail

‘In the Future, Customers Will Drive Up to a Drive-Thru to Just Pick Up Their Food.’

Modern Restaurant Management

The federal government is trying to regulate AI, while they learn about it. The state governments are trying to define their data privacy laws. Basic integrations between core applications are often lacking. Restaurants don’t always have rights to their own data. Change is difficult.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cracking the Egg Crisis: Understanding Rising Prices, Supply Chain Solutions, and Strategies for Producers

Modern Restaurant Management

Producers should explore: Gradual facility upgrades to distribute investment costs over time Seeking government grants or financial incentives supporting animal welfare initiatives Educating consumers on the benefits of cage-free eggs to build market demand 3.

Supplies 373
article thumbnail

Turning Your Outdoor Spaces into Winter Havens

Modern Restaurant Management

Additionally, many businesses may qualify for government incentives or rebates when upgrading to energy-efficient electric heating systems, further offsetting initial investment costs.

Outdoor 386
article thumbnail

How to Overcome the Pain Points of Your CRM

However, as a company, sales stack, and database grow, it becomes difficult to uphold structure and governance to keep a CRM up-to-date. When used effectively, a CRM can be the lifeblood of your sales team – keeping everyone organized, efficient, and at peak productivity. The result? Less organization, more confusion, and fewer deals closed.

article thumbnail

Federal Government Raises Overtime Threshold

Modern Restaurant Management

The Department of Labor (“DOL”) issued the final rule to i ncrease compensation thresholds for overtime eligibility.

article thumbnail

The Cost of B-ing Good

Modern Restaurant Management

And you are hopefully starting to associate the circled “B” with businesses that you seek to support for their mission and ESG (environmental, social, & governance) commitments as much as their product. But is B Corp certification something restaurants should pursue? A combined score of 80 out of 200 is required.

article thumbnail

Restaurant Management Masterclass

Speaker: Harlan Scott, Founder of Harlan Scott Hospitality and Industry Restaurant

Due first to necessary staffing cuts, extreme safety protocols, and now the need to rehire against outsized government stimulus, unemployment benefits and wage requirements, managing and staffing have become the most urgent conversation in restaurants today.