The restaurant industry provides so many people with that first chance to jump-start their careers. Entry-level positions teach workers a skillset that can be applied to a number of careers, and we must continue to invest in the restaurant industry to continue this education.
The battle for a 40-hour full-time workweek continues as the Affordable Care Act attempts to redefine full-time as 30 hours a week. Changes could occur in the restaurant market, and now is the time for you to prepare for these potential alterations.
Restaurant sales are on the rise, and it’s time for your restaurant to embrace this trend immediately. The economy cannot do this on its own, though, and there are things you, as a restaurant owner, can do to continually boost sales. However, new business models require funding, and a capital advance could be the solution you need.
2015 brings minimum wage hikes for a number of states, with more states to follow in the coming years. It may seem the only way to cope with this hike in labor costs is to raise the price of menu items and downsize your number of employees. These are not your only options to deal with this short-term hurdle.