As if the restaurant business was not hard enough, complying with IRS tip reporting rules is one of the most critical and important tasks facing restaurant owners! This is truer today than a decade ago as the IRS is accelerating its efforts to capture previously lost revenue in the form of income and FICA (Social Security & Medicare) tax. As a restaurant owner you should therefore be aware of your responsibilities regarding the reporting of your employee’s tips. The bottom line is this...
Workers Compensation premiums typically represent a significant portion of a restaurants property and casualty insurance cost. Patrick discusses what helps determine the rate you pay and how that amount can be reduced.
If you are planning to expand or enhance your restaurant, but you've been unable to secure the necessary capital to make it happen, then a business cash advance may be the solution you need. Jeremy walks you through all the ins and outs.
Whether you own a small bistro, a large fast-casual restaurant, or a fine-dining establishment, it is important to obtain a policy that will cover all your needs and risks without costing you more than necessary.