PUBLISHED ARTICLES

McKinsey and Company survey helps predict the current state of the local restaurant industry

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…

Thoughts When a Franchisee Decides to Own Their Own Concept

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…

Seven tax ideas to take advantage of this year

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….

What’s new in financing for restaurant owners

We have gone through the first round of financing assistance from the government and we are now embarking on the second. In the intervening period, there have been a number of grants and other…

Main Street Was a Lifesaver — For Some

There have been so many interesting developments in restaurant lending over the last nine months. The PPP loan program has obviously gotten the most press, but, of real assistance, the Economic Injury Disaster Loans…

Monitoring your legal options

In this time of total uncertainty and still no answer as to when Covid will end and when restaurants will go back to full strength, restaurant owners need to know what their legal options…

Dennis Monroe Comments in QSR Article How the Pandemic Could Reshape the Restaurant Industry

Dennis Monroe is quoted in the January 9 article “4 Post-Pandemic Lessons from the Great Recession” on QSR magazine’s website. The article considers the ways in which the pandemic is likely to reshape the…

New Ideas for Restaurant Profit Centers

Something evident from the recent Restaurant Finance Week was the great number of new ideas and serious discussions on what post-Covid restaurant concepts will look like. I would like to draw on some of…

How to reconfigure your restaurant space to free up space for making more revenue

One of the the things that has occurred during the pandemic is that we have had to look at new delivery systems and new approaches to making money in restaurants. An idea I have…

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