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Surviving COVID-19: 7 Financing Options for Restaurants

7 Shifts

Economic Injury Disaster Loans (EIDLs) were also a hot commodity, but the government has since limited application to the agriculture industry—so they're not any use to restaurant owners at this time. These government-backed loans carry loan amounts up to $5 million with low-interest rates and generous repayment terms.

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How Convenience Store Food Is Fixing Its Reputation

Transact

Convenience store food has a reputation problem. Convenience store food used to be a punch line — a food that no one in their right mind would eat unless they were either desperate, out of options, or trying to be funny. . According to the NACS, food service now accounts for over 22.6% Don’t believe me?

Food 83
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What Now? COVID-19 Survival Guide for Restaurants

Modern Restaurant Management

" "This is a very challenging time, and we're experiencing something we have never had to deal with before," said Jennifer Petrocelli, executive director of The Preston House & Hotel, a participating restaurant. "We The National Restaurant Association has provided a list of best practices to ensure business continuity.

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MRM Research Roundup: Mid-December 2019 Edition

Modern Restaurant Management

Topline numbers show robust restaurant sales growth during November. Same-store sales growth was 1.6 percent in November, which represents the third consecutive month of positive sales growth and the strongest since January. Thanksgiving typically represents lower sales volumes for most industry segments.

2019 128
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Restaurant Industry Suppliers: Time to Retool and Realign

Aaron Allen & Associates

While many only think “restaurants” when thinking “foodservice,” we look at the entire global food ecosystem of $14.6T. COVID accelerated shifts that were going on for quite some time affecting the supply chain and restaurant suppliers including food distributors, service companies, technology, equipment, and more. .

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2024 Outlook: Restaurant Trends and Challenges, Part One

Modern Restaurant Management

We've reached a point where we're recognizing the value and limits of these technologies. We've reached a point where we're recognizing the value and limits of these technologies. There's an acknowledgment that not everything can be resolved through the use of robots, AI, and automation alone.

2024 197
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The Great Shortage

EATER

Pandemic-related materials, food, and labor shortages make running an independent restaurant near-impossible. Along with environmental conditions triggered by global warming, COVID has snarled supply chains across the world, and food supplies are no exception. Our food supply] is not all one supply chain,” he says.