“He who doesn’t understand history is deemed to repeat it.” And no one wants to repeat what we’ve all been through—and are still going through. So it’s not too early to reflect on what we have learned thus far from COVID-19 and about the response to the restaurant industry. Our industry is diverse, and there . . .
Dennis Monroe is quoted in a recent Star Tribune article discussing the Federal Reserve’s new Main Street Lending Program. Although intended for small to medium-sized businesses, the program is unlikely to attract many borrowers from those segments, unlike the very popular PPP program. The Main Street program, Dennis explains, is really more geared toward sizable . . .
This seems to be one of those constant questions out there, even though many multi-unit operators and independents have received funding from the Paycheck Protection Program (PPP). These programs were just a way to get employees back to work, and will not provide sufficient funds to reopen restaurants. So what are the funding sources you . . .