After taking advantage of targeted government programs, offered as lifelines in a drifting economic sea, the restaurant industry now heads for shore, but with a few extra passengers on board. With Main Street loans, two rounds of PPP, state and local grants, RRF, ERC (tax credits) and EIDL loans, it’s easy to get lost in . . .
Last month I wrote about important issues to consider going forward from a financial standpoint. This month, I’ll focus on seven non-financial items I think we learned from the pandemic that we should take forward. 1. Multi-profit centers One thing that seems evident is that restaurants need to have numerous and varied profit centers. We . . .
The pandemic may be starting to be in our rearview mirror, but don’t relax yet. There are still loose ends to attend to. Here are some actions that you need to be thinking of over the next few months in order to meet all your obligations relating to government programs and filings that took place . . .