“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…
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…
I know this may make me sound like the eternal optimist, but I do believe that there are some good opportunities for the restaurant industry during these difficult times. I’ll outline a few things…
Question: Can I use my insurance coverage for COVID-19? During these uncertain times, the restaurant and foodservice landscape is evolving quickly, sometimes daily. So what does this mean for the losses incurred by these…
We will emerge from this crisis. Restaurants will reopen. The public is hungry for a return to normalcy and restaurant dining. Let’s discuss some options for reopening your restaurant. With the help of my…
It’s become more and more common for restaurants to raise capital through crowdfunding. There are two types of approaches to crowdfunding: One is rewards-based, which gives the contributors gift certificates, free food and special…
Dennis Monroe will join a panel of restaurant finance experts in a webinar presented by Restaurant Finance Monitor on COVID-19 implications for the restaurant industry. The webinar will be moderated by RFM‘s president John…
Excerpted from the article in Restaurant Finance Monitor. See full article here. Obviously, these are tough times for the restaurant industry. It behooves restaurant owners to effectively use their advisors, particularly their accountants and…
Obviously with the cost of labor and the shortage of key management personnel for restaurants, operators need to be creative, particularly in promoting participation in the ownership for key employees to incentivize and develop…
