Last updated on April 8th, 2026The hospitality industry is growing, and so is demand for workers, but persistent staffing shortages are making it increasingly difficult to meet that demand. High turnover rates lead to skills gaps, employee burnout, reduced productivity, and lost revenue. These factors can negatively impact the customer

Last updated on March 10th, 2026So, you’ve made the leap from a single location to multiple restaurant locations. As a business owner, this is an exciting period of growth and expanded opportunity. However, as we all know, scaling your business also comes with new challenges and additional considerations. Juggling the

As an employer in New York State, you may qualify for tax credits for employing tipped workers, youth employees, veterans, individuals with disabilities, and more. Below are five tax credits available to New York restaurant and hospitality employers, four of which are state-specific incentives. FICA Tip Credit: The FICA Tip

As we approach the end of the tax year, it’s more important than ever to for your financial records and reports to be in order. When it comes to your restaurant’s financials, accuracy and timeliness are paramount. To better understand the role of financial recordkeeping and reporting in the success

Hospitality employers in New York State—as we approach the end of the year, keep in mind these important changes taking place in 2026. New NYS Minimum Wage Rates Beginning on January 1, 2026, the general minimum wage in New York will increase by $0.50 to the following amounts: For New

Thinking of selling your restaurant? The sale of any business comes with a myriad of tax implications, which is why it’s important to work closely with a tax professional who can help you navigate your options. Below are five key tax-related points you should consider when it comes time to

With financing options for hospitality businesses becoming increasingly limited in recent years, private credit has emerged as a viable alternative to traditional borrowing options. This article will go over the fundamentals of private credit as well as the potential benefits this alternative lending option offers for restaurants and hotels. What

It’s no secret that technology is transforming the hospitality industry. From online ordering to virtual reality hotel tours, nearly every aspect of hospitality has been reshaped by recent advances in technology. Let’s take a look at some of the latest developments in the digital revolution—and how restaurants and hotels can