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How to Open a Bar: Comprehensive Guide on Starting a Bar

7 Shifts

However, note that bar profit margins vary due to various factors like tax rates, licensing laws, customer demographics, and the cost of living in your area. Zoning and health regulations: Get acquainted with your location's zoning laws to know what to do, what permits to get, and what laws to follow.

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Marketplace Collection Laws Present Unique Challenges for the Restaurant Industry

Modern Restaurant Management

The pandemic has changed the physical and economic environment in which restaurants operate. Food delivery can be done either through the restaurant itself or through unrelated third-party online food delivery services. Marketplace Collection Laws. Today, all but three states with a state sales tax have enacted such laws.

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Seven Tips to Help Restaurant Owners Avoid Common Pitfalls and Grow

Modern Restaurant Management

Nearly half of restaurants fail in their fifth year of business. That’s part of the price of doing business – especially when you own multiple restaurants. Location is a big reason many restaurants fail. If you do buy an existing restaurant, give it no more than two years, tops, to see positive change.

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Restaurant Accounting: A Comprehensive Guide

7 Shifts

Restaurant accounting isn’t easy. Learning basic accounting is like studying a different language, regardless of how many decades you have in the restaurant industry. Learning basic accounting is like studying a different language, regardless of how many decades you have in the restaurant industry. Sounds complicated?

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May/June 2021 Legal Update

Modern Restaurant Management

Nair, a partner at Ervin Cohen & Jessup LLP compiles recent legal news affecting the restaurant, food and beverage and hospitality industries for Modern Restaurant Management (MRM) magazine. Restaurant Revitalization Fund Replenishment Act Introduced : On June 8, 2021, a bipartisan group of Senators and U.S. Legislation.

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How to Open a Bar – 6 Expert Tips to Starting Your Own Bar

Harbor Touch

There are many things to consider when opening a bar, from the type of establishment you want to open to the licensing and zoning requirements in your area. Additionally, each state, county, and city has different laws and regulations regarding alcohol sales. Obtain alcohol licenses and permits. Choose the right location.

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The Six Most Common Franchise Problems (And How to Solve Them)

7 Shifts

Nearly 200,000 quick-serve restaurant establishments in the United States are not owned by the company whose name is on the building. At a glance, opening and operating a restaurant franchise seems like a near-perfect business decision. of weekly gross sales for franchise royalties and advertising. coli outbreak in the nineties.