COVID 19 Foodservice - Shared screen with speaker view
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That is so messed up... pure greed/evil on the insurance companies side
Hi Matt and Dan!
time to switch banks!!
would it be helpful for vendors to offer extended terms when things re open? where necessary?
Paycheck protection, I strongly advise you to talk with your accountant like I did, to see what will come in the end!! Payroll taxes ( company paid social security) and workman’s comp is NOT forgiven on this loan!!!
Vendors are not being extended terms by fishermen and farms. Most are requiring COD now.
We are planning on cutting 30% of our seats to create space between tables as well as spreading reservation times out. Reopening with skeleton staff and as owners taking on even more of the production and service work.
My understanding is there should be no need to shop banks. they alll received the same SBA package. there should be no need to shop banks.
use banks that have experience with sba loans
Get together (or have your accountant) your 940 payment from 2019 and Payroll summary for 2020 before going to the bank.
stacy roof…what’s happening for restaurants at the state level?
Matt, fear and anxiety without knowledge of an end date. A lot of questions and education around Unemployment, SBA loans, etc.
We're communicating with the Governor's office regularly, been asking for sales tax deferment/no penalties (deaf ears so far), asking for ABC to delay renewals
stacy…that’s assuring…they must be formulating a plan…
Thanks Katie for the sharing the IRC site
where’s the silver lining?
Seeing the restaurant community spirit, guests leaving more in tips, industry helping each other
Hugs to you Jeff Black when we can hug again
Miss you Jeff!
We are using this new era of change to make our payroll more equitable btw FOH/BOH! I’m really excited about this!
innovate, collaborate, and have a plan for when this ends! thanks Ian for putting this together. rockstar!
Rose love see you on this
thank you all!
Thanks Guys! Very informative! Nice work Ian!
thanks for putting this together
Thank you that was great
its my belief that folks wont come flooding in and the build up will be gradual. folks are going to be hurting , financially/ mentally broke
Cheers y’all, thank you!
Hi everybody from Italy