article thumbnail

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
article thumbnail

Cracking the Egg Crisis: Understanding Rising Prices, Supply Chain Solutions, and Strategies for Producers

Modern Restaurant Management

Producers should explore: Gradual facility upgrades to distribute investment costs over time Seeking government grants or financial incentives supporting animal welfare initiatives Educating consumers on the benefits of cage-free eggs to build market demand 3.

Supplies 373
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Turning Your Outdoor Spaces into Winter Havens

Modern Restaurant Management

Additionally, many businesses may qualify for government incentives or rebates when upgrading to energy-efficient electric heating systems, further offsetting initial investment costs.

Outdoor 386
article thumbnail

Going Mobile with Contactless ID for the Post-COVID Restaurant Experience

Modern Restaurant Management

Restaurants that have reopened have had to navigate this socially distanced new world, juggling employee and customer safety, adhering to shifting government regulations, and maintaining the public’s confidence. An ISO 18013-5-compliant mDL is an actual government-issued ID on the patron’s phone. As ID issuers (i.e.,

License 533
article thumbnail

How to Overcome the Pain Points of Your CRM

However, as a company, sales stack, and database grow, it becomes difficult to uphold structure and governance to keep a CRM up-to-date. When used effectively, a CRM can be the lifeblood of your sales team – keeping everyone organized, efficient, and at peak productivity. The result? Less organization, more confusion, and fewer deals closed.

article thumbnail

Federal Government Raises Overtime Threshold

Modern Restaurant Management

The Department of Labor (“DOL”) issued the final rule to i ncrease compensation thresholds for overtime eligibility.

article thumbnail

The Restaurant Industry Two Years Into COVID

Modern Restaurant Management

It looks like, for now, the government assistance has run dry. Many local governments have dedicated “parklets” that remove curbside parking in order to make space for outdoor dining. Unfortunately the hope of additional funding for the RRF were dashed when it was dropped from the spending bill.

article thumbnail

Restaurant Management Masterclass

Speaker: Harlan Scott, Founder of Harlan Scott Hospitality and Industry Restaurant

Due first to necessary staffing cuts, extreme safety protocols, and now the need to rehire against outsized government stimulus, unemployment benefits and wage requirements, managing and staffing have become the most urgent conversation in restaurants today.