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The Tax Cuts and Jobs Act (TCJA) is the largest piece of tax reform legislation in the last three decades. While its full impact is yet to be felt in a number of areas, what’s obvious is that this overhaul of the U.S. tax code will have a far-reaching effect. There are a number of…
When you start making calculations for your 2018 tax bill, make sure you consider this new rule that limits interest deductions for businesses that finance their operations with loans. Under the tax reform law passed late last year, the deduction for business interest is limited to 30% of the company’s taxable income beginning in 2018….
Strategies for cutting labor costs has long been an area of interest in the restaurant industry. David Peters, founder of The Restaurant Expert, recently published some advice on maximizing profitability by controlling labor costs in your restaurant. He recommends the following: Don’t overschedule – Though you may be tempted to keep lots of staff around…
Food production is being assisted by advanced technology, changing the way restaurants do business. This articles discusses the changes in automation, delivery, quality, and convenience that consumers are looking for. To view this article, click the following link to access the original content. https://disruptionhub.com/foodtech-revolution-automation-3864/https://disruptionhub.com/foodtech-revolution-automation-3864/
Small businesses and retailers around the country will undoubtedly face new challenges as they are tasked with collecting online sales tax. This article explains the new issues of e-commerce and the different challenges that small retailers will face when they are shipping products to different states. To view this article, click the following link to…
As brick-and mortar restaurants go out of business, delivery only restaurants are emerging. This articles examines the attractiveness of “dark restaurants”, and the future of the restaurant business. To view this article, click the following link to access the original content. https://disruptionhub.com/rise-of-the-dark-kitchen/