Financing

How your restaurant sales and profits compare to competitors' and what you can do to improve financial performance

California proposes tax breaks for restaurants, but new burdens, too

By Peter Romeo on Jan. 12, 2022

Under Gov. Newsom's proposals, PPP and RRF aid would not be taxed, but paid leave would be reinstated.

How Biggby Coffee works to compete with its giant competitors

By Jonathan Maze on Jan. 12, 2022

A Deeper Dive: Bob Fish, co-CEO and co-founder of the Michigan-based coffee chain, joins the podcast to discuss the company’s strategy and whether customers will return to hanging out in shops again.

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Financing

As inflation hits a 40-year high, the Federal Reserve plans rate hikes

By Jonathan Maze on Jan. 12, 2022

The Bottom Line: Higher rates will increase companies’ borrowing costs, though they will remain historically low. How long it takes to get inflation under control is anybody’s guess.

Financing

Applebee's franchisee SSCP buys 12 stores in Virginia

By Joe Guszkowski on Jan. 12, 2022

It acquired the restaurants from fellow operator Apple Investors Group, bringing its Applebee's count to 80.

Financing

Bob Evans is reportedly exploring a sale

By Joe Guszkowski on Jan. 11, 2022

The family-dining chain could be valued at up to $600 million, according to Bloomberg.

Financing

Why Wings & Rings is accepting bitcoin from franchisees

By Joe Guszkowski on Jan. 11, 2022

The sports bar chain wants to experiment with cryptocurrency, part of an overall push to do more with technology.

Financing

Citing ‘unprecedented’ cost increases, Domino’s plans to change its value offers

By Jonathan Maze on Jan. 11, 2022

CEO Ritch Allison said that the company will make changes to its national value offers, starting by making its $7.99 carryout deal online only, as supply chain and labor costs hit hard.

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Financing