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How to apply for the Restaurant Revitalization Fund grants

7 Shifts

Nearly 6 weeks after the American Rescue Plan was signed into law, the Restaurant Revitalization Fund is a reality. billion in grants for restaurants to use to cover everything from payroll to rent. Business tax returns (IRS Form 1120 or IRS 1120-S). Point of sale report(s), including IRS Form 1099-K.

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2024 Texas Minimum Wage Guide

SpotOn

Both businesses must pay their employees the same minimum wage rate as mandated by Texas labor laws. With operational costs rising each year, forcing businesses to change how they manage their employees and finances, we've put together a simple guide on the minimum wage for business owners and workers alike.

2024 52
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Understanding the Restaurant Cybersecurity Threat Landscape

Modern Restaurant Management

Understanding the current state of cyber risk can help restaurants simplify their security strategies and focus their resources most effectively. It’s a type of risk restaurant brands and operators haven’t seen before, and the potential for financial loss and reputational damage is truly massive.

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Should Momofuku Own the Term ‘Chili Crunch’?

EATER

But in the past few weeks, the terms “chili crunch” and “chile crunch,” a variation on chile crisp, has become the subject of an escalating brawl between Momofuku Goods, the grocery arm of David Chang’s empire, and small independent companies using those names, The Guardian first reported.

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How did the cost of food delivery get so high?

EATER

Not restaurants, who feel gut-punched by the commission apps take from them. Delivery apps have expended a lot of effort (and money) making the case that we — restaurants, workers, and consumers — desperately need them. In New York City and Seattle , new minimum pay laws for delivery workers recently went into effect.

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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

Write a Coffee Shop Business Plan. 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? Do they serve just coffee or small foods as well? Obtain Funding.

License 459
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Mitigating the Impact of Rising Interchange Fees

Modern Restaurant Management

While using credit cards is a convenience for consumers, this form of payment represents a major cost center for restaurants. In fact, credit card processing fees rank as the third highest cost of doing business behind the cost of food and labor. Recent credit card fee hikes are also eroding restaurant profits. billion in fees.