What will the restaurant industry look like, moving forward? What long-term impacts will changes made in the face of the coronavirus pandemic have? Authors Marbet Lewis and Steven Zelkowitz address these questions and more in their recent article for Modern Restaurant Management. Click here to read about the biggest challenges facing the industry, changes to…
The restaurant industry was hard-hit by the coronavirus pandemic. Restaurant operations had to pivot enormously to deal with changes in both supply and demand. A recent article from Modern Restaurant Management examines the impact of the pandemic on the industry, including import versus domestic supply chains, the differences in impact based on where outbreaks were…
The coronavirus pandemic was an enormous hit to the hotel industry; luckily, it appears that the rebound is occurring sooner and more quickly than expected, write Joe Foltz and Seth Pierce Johnson in a recent article for Lodging Magazine. The authors contrast earlier predictions regarding hotel financing with newly released actual numbers. For further details,…
The Small Business Administration’s (SBA) Restaurant Revitalization Fund (RRF) program has provided crucial funding for many businesses; however, the process of accurately documenting the use of the funds is a complex one. That is why the National Restaurant Association partnered with the AICPA in creating a budget tracking tool for RRF eligible expenses. The tool…
