In case you missed it, I attended the National Restaurant Association’s webinar today focused on the Restaurant Revitalization Fund and wanted to share a few notes you may find helpful. Restaurant Revitalization Fund The American Rescue Plan Act established a $28.6B Restaurant Revitalization Fund (“RRF”) within the US Small Business Administration. The NRA has published…

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How to Develop Your Vision, Values & Mission Statement

Can you imagine being fired your first week on a job because you were trying to be proactive? That’s what almost happened to me during my first week working at Raising Cane’s Chicken Fingers in 2001. This story illustrates the value vision, values, and mission statements can provide for your team & business! This story…

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Managing the transition from friend to boss is both common and challenging, especially in the restaurant industry. If you are struggling as a new-in-position manager, you are not alone. 60% of first time managers surveyed found managing people that were once their peers was the toughest challenge. Yet, friends are incredibly important at work. A…

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Restaurant Financial Benchmarks: How Do You Compare

Restauranteurs often go into the hospitality business because of their love of food and people. That love doesn’t always translate to profits. When a restaurant isn’t making money, it’s an expensive hobby at best or a high risk financial investment at worst. What can you do if you’re restaurant is not profitable enough or at…

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