Restaurant business

Will the legal structure of your catering business work? | modern restaurant management

Does your restaurant business have a legal structure that will guide ownership through success and tough times? Restaurants are a vital and volatile part of the retail landscape. But a CNBC expert recently claimed that 60% of new restaurants fail in the first year and 80% in the first five years. Although a Forbes article […]

Restaurant business

Advantages and Disadvantages of a Cashless Catering Business | modern restaurant management

“Cash or card?” With the rise of mobile payment and cashless options, this infamous issue may soon be a thing of the past in the restaurant industry and beyond. Although the average American always has cash in their wallet and uses it for almost a third of transactions, cashless restaurants are on the rise. Some […]