NEWS AND RESOURCES

Owners of closely held businesses typically have a significant portion of their wealth tied up in their enterprises. If you own a closely held business with your relatives involved, and don’t take the proper…
It is not every day that my social media feed is filled with memes, click bait, and TikTok videos about IRS rulings, but Revenue Ruling 2023-2 caused enough shock and panic to go viral….
Owners of closely held businesses typically have a significant portion of their wealth tied up in their enterprises. If you own a closely held business with your relatives involved, and don’t take the proper…
It is not every day that my social media feed is filled with memes, click bait, and TikTok videos about IRS rulings, but Revenue Ruling 2023-2 caused enough shock and panic to go viral….
We’ve seen the cost of a new restaurant, whether it’s QSR, fast-causal or casual dining, go up dramatically. The price per square foot, along with start-up costs, require concepts to have high volumes or…
A revocable trust (sometimes referred to as a “living trust”) is a popular estate planning tool that allows you to manage your assets during your lifetime and ensure a smooth transfer of those assets…
Monroe Moxness Berg’s Ansis Viksnins and Matt Duffy will present on HR essentials for an upcoming “Operating Now” webinar from Hospitality Minnesota. The live webinar will take place on Wednesday, February 12, 2025, from 10 a.m. – 11…
One of the biggest decisions you’ll make as a restaurant owner is your choice of a bank. I have touted the value of investors and equity for years, but, the real source of funding…
It’s not uncommon for people who live in states with high income taxes to relocate to states with more favorable tax climates. Did you know that you can use a similar strategy for certain…
Conversations at the recent Restaurant Finance & Development Conference made it clear that the overall costs of restaurant operations have gone up dramatically, especially real estate expenses. Whether it’s a new location or your…
Last month, Monroe Moxness Berg’s Brad Cashman moderated the panel presentation for the closing general session at the 2024 Restaurant Finance & Development Conference (RFDC). The RFDC took place November 11-13 at the Fontainebleau…
Last month, Monroe Moxness Berg’s Chris Mumm moderated a panel presentation that offered restaurant owners tips to maximize the selling value of their business and help ensure a smooth transaction. The presentation – a…
One of the highlights of the 2024 Restaurant Finance & Development Conference (November 11-13, 2024) was the Monroe Moxness Berg Success Breakfast! MMB’s Dennis Monroe interviewed Greg Flynn – CEO of Flynn Group, the…
I seldom say the current topic is so important that it affects almost everyone who owns or has an interest in restaurants. But since most restaurants are set up as an LLC, that’s our…