City of Atlanta Announced a CPA Statement is Required for Restaurants to Renew their Alcohol License

At a glance The main takeaway: The City of Atlanta has decided to move forward with the compliance of ordinance 10-106(c) which would require restaurants to provide a CPA statement to renew their alcohol license. Impact on your business: Many restaurants are still struggling post-pandemic and a sales audit can take considerable time and cost, especially for…

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5 Post-Pandemic Technology Upgrades Businesses Should Make

At a glance: Tech takeover: Many of the technology upgrades businesses made to stay afloat during the pandemic will still be relevant and necessary once the economy recovers. Make smart investments: Use excess liquidity wisely by prioritizing five key tech upgrades, from cybersecurity protocols to e-commerce capabilities. Get outside expertise: Aprio’s Retail, Franchise and Hospitality team can help…

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The Top 4 Cybersecurity Risks in Hospitality and How to Solve Them

At a glance The main takeaway: Hospitality is one of the most vulnerable industries when it comes to cyber theft and fraud, especially under the constraints of the COVID-19 pandemic. Impact on your business: In order to avoid damages and prevent threats from materializing, hospitality businesses must prioritize and address four, key security risks. Next steps: Aprio can…

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Tax Update: New Guidance on New York’s Pass-Through Entity Tax Credit

At a glance The main takeaway: New York State just recently provided some additional guidance on its pass-through entity tax credit, including eligibility, election periods and estimated payments, among other areas. Impact on your business: It’s important to understand the key nuances of how the credit works, especially if you are an eligible partnership or S corporation.…

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4 Essential Steps to Take Before Starting Your Digital Transformation

At a glance The main takeaway: Before you invest in new technology for your restaurant, franchise or retail business, you need to take a step back and assess your current tech infrastructure. Action steps to take: You must identify gaps, develop tactical and big-picture strategies for accomplishing your goals, and gain buy-in to give your…

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CEOs Speak: Setting Direction and Bringing Your Concept to Life

Experience is the best teacher. The next best thing is to learn from those who’ve done it. The October 3 Restauranteur Summit at Ponce City Market brought together an exciting panel of leaders whose life and business experience spans an array of restaurant business models, from franchised to independent, from fast casual to fine dining.…

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Choosing the Right Reservation System for your Restaurant

Love ’em or hate ’em, reservations are a critical facet of the restaurant business. With new advances in industry technology, pen-and-paper reservation systems are looking rather old-school. New trends in data tracking and customer service have made automated restaurant systems more customizable and cost-effective for restaurants of all sizes. Reserving Peace of Mind Reservations provide…

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Should Your Restaurant Go Cashless?

Cashless restaurantsare on the rise, even though the average American still carries cash in her wallet and uses it for nearly one-third of transactions. Restaurateurs considering going cashless must balance the benefits of operating cost reductions and greater security against the risk of losing customers who prefer, or need, to pay with cash. What’s a…

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