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Key Sections of a Franchise Disclosure Document: An Annual Review Guide for Franchisors

Modern Restaurant Management

A Franchise Disclosure Document (FDD) serves as the foundation of the franchisor-franchisee relationship. Not only is it a critical sales tool for the franchisor, but it also gives a prospective franchisee vital insight into the franchise opportunity and help them make an informed decision to invest.

Document 468
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Restaurant Reopening Resources

Modern Restaurant Management

The document is meant to be used in conjunction with instruction operators receive from authorities during their reopening phase-in. It includes documents to assist in organizing and reopening dining rooms and businesses. Employee health. Cleaning/sanitizing/disinfecting. Download the full guidance here.

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Quick Facts About the Restaurant Revitalization Fund (RRF) Process

Modern Restaurant Management

For some business types, at least 33 percent of 2019 gross receipts must have comprised on-site sales to the public. Documents you need to apply include: SBA Form 3172. Eligible establishments include restaurants, food trucks, bars, breweries, wineries, and bakeries. Business mortgage obligations. Rent payments. Debt service.

Document 493
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Don’t Get Burned By The IRS – Tax Tips for Restaurant Owners

Modern Restaurant Management

Taxes you collect from others on behalf of government agencies, such as the employee portion of employment taxes and sales taxes from your customers, are considered trust fund taxes. O – Organize Expense Documents In the event of an audit, the IRS will request original receipts, invoices and other expense records.

Audits 470
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How to Write a Restaurant Business Plan [with Sample]

7 Shifts

You'll have a document to reference during the planning or opening of your restaurant. A restaurant business plan is a document that outlines the various aspects of your restaurant business. You can't start a restaurant without a plan. But it doesn't have to be overwhelming. There are a few key sections that should be included.

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How to apply for the Restaurant Revitalization Fund grants

7 Shifts

Get your documents ready (more below). Gross Receipts Documentation: Any of the following documents demonstrating gross receipts and, if applicable, eligible expenses. Gross Receipts Documentation: Any of the following documents demonstrating gross receipts and, if applicable, eligible expenses. What do I need?

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How to Analyze Restaurant Financial Statements and Identify Growth Opportunities

Modern Restaurant Management

Balance Sheet This document provides insight into the current state of your finances (up to a specific date). Identify pain points and strategize on how to resolve them There are many challenges and opportunities for those in the restaurant sector, but not all of these affect every business in the same way.