Posts Tagged ‘Retail’
The DOL Delivers Final Ruling on Reinstated 80/20 Rule
At a glance Schedule a free consultation with Aprio’s Restaurant, Franchise & Hospitality team today. The full story: On October 29, 2021, the U.S. Department of Labor (DOL) published a final ruling on “dual jobs,” which will reinstate the 80/20 rule as well as introduce a new 30-minute rule for tipped employees. The final ruling…
Read MoreCity of Atlanta Announced a CPA Statement is Required for Restaurants to Renew their Alcohol License
At a glance Schedule a consultation with Aprio’s today. The full story: The City of Atlanta has decided to move forward with the compliance of ordinance 10-106(c) with the effective date of November 1, 2021. While all alcohol licenses expire on December 31 of each year, ordinance 10-106(c) requires any business classified as a restaurant…
Read MoreThe Pulse on the Economy and Capital Markets: Nov 1 – Nov 5, 2021
At a glance: Overall markets continued their impressive streak higher with smaller companies leading the way. The infrastructure bill is already benefitting smaller companies as US-focused small company stocks excelled last week. The strong jobs report highlights workers are coming back at about 20 percent higher than expected likely due to Covid-related support ending in…
Read MoreHow to Attract and Retain Talented Employees with a Top Benefits Package
At a glance: Schedule a free consultation today The full story: Unexpected layoffs, school closings with scarce childcare options — these are just a few of the many hardships American workers have had to grapple with during the COVID-19 pandemic. But the upside is that workers are now benefiting from valuable leverage in the labor…
Read MoreTax Update: New Guidance on New York’s Pass-Through Entity Tax Credit
At a glance Schedule a consultation The full story: Hot off the press: on August 25, 2021, New York State issued a Technical Memorandum[1] that provides guidance on its pass-through entity tax. First, let’s take a step back On April 19, 2021, New York State’s 2021─2022 Budget Act was signed into law. The Budget Act includes…
Read More4 Financing Options to Expand Your Business Post-COVID
At a glance: Opportunities abound: There are plenty of financing opportunities on the buy-side for aspiring business owners hoping to expand or purchase a new venture. Find the right fit: The appropriate financing avenue depends on your professional relationships, financial standing and record, and industry, among other competing factors. Move forward with confidence: In order…
Read More2020 Outlook: Medical is Still a Solid Bet for Retail Owners and Investors
In 2020, market savvy healthcare providers will continue their migration away from traditional medical campuses to retail centers and malls. The continuation of this trend is good news for commercial real estate owners and investors struggling with the brick and mortar retail bust. Benefits for Retail Owners Increased foot traffic: The number of year-round healthcare-related…
Read More3 Ways to Use Retail to Diversify Your Restaurant Business
The public is spending more money at restaurants than ever — but it’s not always on dining. A milestone was reached in 2015 when the U.S. Census Bureau reported that restaurant industry sales (15 percent of all retail purchases) topped grocer sales (14 percent) for the first time ever. The USDA also reported an unprecedented shift…
Read MoreExperienced Restaurant Owners Have Options for Growth Capital
Experience is a tough teacher, as any business owner will tell you. But experience also brings with it new opportunities, including access to a wider world of financial options for restaurateurs looking to expand. As we discussed in a recent blog on start-up funding for new restaurant owners, opening up a business for the first…
Read MoreOpening your First Restaurant? Here’s How to Raise Capital
Opening up a business for the first time in any industry is difficult. Opening up your first restaurant is even harder. Restaurants are capital-intensive and expensive to build out, and the stabilization period is long and uncertain. Compared to experienced business owners with a financial history, first-time restaurant owners will have limited access to sources…
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