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2024 Emergency Planning for Restaurants

Modern Restaurant Management

Ahead of 2024, we will share the all-too-common disasters that can strike restaurants from fires to civil unrest to water damage with pragmatic and proactive tips that can help curb the repercussions. Being in the restaurant industry is hard enough, but you can plan ahead for peace of mind in 2024. This article is not a template.

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MRM Research Roundup: Holiday Spending, Franchise Optimism, and Pickle Energy

Modern Restaurant Management

This final edition of Modern Restaurant Management (MRM) magazine's Research Roundup for 2024 features news of operator challenges and priorities, delivery trends, wages and hourly worker considerations. This is according to a survey conducted by TD Bank at the 2024 Restaurant Finance and Development Conference in Las Vegas, Nevada.

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MRM Research Roundup: Experimentation, Valentine’s Vibe Shift, and Wine Cork Market

Modern Restaurant Management

1 Squad Goals : OpenTable data revealed a 34 percent increase in parties of more than six on Galentine’s Day (February 13) in 2024, compared to the previous year.2 titled Chili’s and Texas Roadhouse: Full-Service Success in 2024. percent year-over-year during 2024. percent during 2024 and were up 4.2

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MRM Research Roundup: Mid-Year 2024

Modern Restaurant Management

The ACSI Restaurant and Food Delivery Study 2024 is based on 14,604 completed surveys. Customers were chosen at random and contacted via email between April 2023 and March 2024 for the restaurant industries and between November 2023 and March 2024 for food delivery. car finance, fuel, insurance, etc.) (22

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How To Attract Restaurant Employees In 2024: 10 Proven Techniques

7 Shifts

Equip your managers with leadership skills that go beyond simply assigning tasks. Offer comprehensive benefits to restaurant workers In addition to wages, make sure to outline the benefits you offer, such as health insurance, paid time off, or employee discounts. Their job is more important than mine," she says.

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Save Big: Top Restaurant Tax Deductions & Credits

Harbor Touch

Equipment and Furniture: Deduct That Big Spend New ovens or tables can cost a chunk, often $5,000 or more. Accounting Tip: Log equipment purchases in your accounting software under equipment. Proposed changes, like the No Tax on Tips idea floated in 2024, could make tips tax-free for employees, but as of now, its not law.

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The Complete Checklist For Selling Your Restaurant In 2024: Pre-Sale, Sale & Post-Sale

7 Shifts

Asset-Based Valuation In some cases, the value of your restaurant’s assets, like equipment, furniture, and leasehold improvements, might be the best way to determine its value. For example, if your restaurant's equipment and fixtures are worth $50,000, that would become the base value for the sale.

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