International consulting firm McKinsey and Company, took the Twin City restaurant community under its wing and provided a study of the current state of the local industry, both pre-pandemic and post-pandemic. Here are some of the insights they came up with, which hopefully will help you navigate the future. Special thanks to Julie Gilbert who . . .
One growth strategy deployed in the franchise world is when multi-unit operators acquire their own concepts and sometimes become franchisors. There are numerous examples, but relatively few successful ones. Being a franchisee is a different business than owning a concept, or being a franchisor. It doesn’t mean you can’t do both, in fact there are . . .
Its tax time again, there probably has never been a year-end that has had so many opportunities and yet so many challenges for figuring out ways to save on taxes for 2020 and 2021. A number of these tax benefits were created under both the original CARES Act and then the second installment of it, . . .