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Is the Government Just Going to Watch the Restaurant Industry Die?

EATER

Without a bailout, independent restaurants face a disastrous fallout A few months ago, as restaurants suffered through the first months of a devastating pandemic, chefs and restaurant owners across the country went on social media to call for a government bailout. could close permanently this year.

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Pandemic Reflections: What Lessons Has the Restaurant Industry Learned?, Part One

Modern Restaurant Management

Escoffier is aiding restaurant owners and managers by preparing qualified candidates ready for engaged employment. Whether it’s speeding up order times, improving inventory management, or boosting loyalty programs, every tool should serve a purpose. Aligning tech with business goals is a must.

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The Legal Case for Recovering Lost Income from COVID-19 and Government Shutdown

Modern Restaurant Management

With each passing day, the scare of this novel virus is causing our emotionally-charged government officials at every level to react with decisions that effectively strip our ability to work, shop, play and interact normally in order to slow or prevent the spread of this viral outbreak while causing economic mayhem.

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COVID-19-Related Government Budget Deficits May Spur Aggressive Payroll and Sales Tax Audits 

Modern Restaurant Management

Less revenue for businesses and income for individuals means less tax dollars for federal and state governments. Given the budget deficits faced by federal and state governments, taxing authorities are likely to begin encountering increased pressure to collect more revenue. On July 13, the U.S. States are facing similar problems.

Audits 450
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Don’t Get Burned By The IRS – Tax Tips for Restaurant Owners

Modern Restaurant Management

By the time you manage inventory, staffing, customer demand and narrow profit margins, the last thing you want to think about is the IRS. Restaurants, like other cash-intensive businesses, are a frequently targeted for audits by the IRS. Operating a restaurant is not easy. This allows the auditor to verify the expenses.

Audits 470
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Post-COVID Outlook and Recovery for Restaurants

Modern Restaurant Management

This is no surprise—we saw the impact every day with many of our favorite restaurants completely shutting down or having to substantially cut back on both workforce and patron capacity due to government-mandated closures. Restaurant industry employees in 2020 were down 3.1 million from expected levels.

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Coronavirus: Restaurants Respond

Modern Restaurant Management

“We hope the fears will subside and governments can help control the outbreak. Cash is dirty; and 4) we will soon launch bundled food delivery, acting as a marketplace for cloud kitchen delivery. We have a digital PMS (Property Management System) with a cloud-based reporting system. Cash is dirty.