Could your small business or restaurant use a tax-advantaged loan from the Small Business Administration? A recently passed COVID-relief act offers a couple of intriguing options.
Lawmakers seek to tweak an existing business deduction to boost the restaurant industry’s bottom line and put thousands back to work.
Photo by Brett Jordan – Unsplash
Location, location, location is typically the mantra for most real estate decisions — and that’s definitely been the case for restaurateurs, especially the larger chains. They want to be in higher-traffic areas where other activities take place, either a mall or something similar. But the success and expansion of third-party delivery is causing many in[ … ]
Hotel and restaurant remodeling and upgrades have been in full swing since 2017. However, costs are rising for supplies, advertising and personnel, with some leaders reporting a 5 percent average impact on wage costs to keep key employees. They say that employees may jump to another hospitality competitor or leave the industry entirely for better-perceived[ … ]