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Hospitality

AI, Apps & Technology: Where Do They Fit Into Your Business Strategy?

AI, Apps & Technology: Where Do They Fit Into Your Business Strategy?

From delivery drones and burger flipping robots…to AI powered drive thru service, phone answering technologies, and online reservations…to integrated inventory, ordering and point of service systems, food delivery apps and more, restaurants are being bombarded with a variety of technology solutions that they purportedly need to survive and thrive. While
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Estate & Succession Planning: A Necessity for Family-Owned Restaurants

Estate & Succession Planning: A Necessity for Family-Owned Restaurants

Running a family-owned restaurant is often a labor of love, with each generation imparting their unique flavor to the business. However, to ensure that your legacy – and the impact it can have on loved ones and assets (including your restaurant) – plays out according to your wishes, it is
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Last Minute Moves to Maximize Section 179 Tax Advantages

Last-Minute Moves to Maximize Section 179 Tax Advantages

Have you been thinking about purchasing new or used equipment to enhance services? How about upgrading technology and software? With end of year approaching, you have limited time left to consider whether to purchase, lease, or finance certain assets to take advantage of Section 179 tax benefits. It’s also a
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An Update on New York's Minimum Wage to Take Effect January 1

An Update on New York’s Minimum Wage to Take Effect January 1

Earlier this year, Governor Hochul announced annual increases to New York’s minimum wage to help low-wage employees keep up with the rising cost of living. Beginning January 1, 2024, New York’s minimum wage will increase to $16 in New York City, Nassau, Suffolk, and Westchester. For all other areas in
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Tip Credit in New York: What You Need to Know

Tip Credit in New York: What You Need to Know

As New York State increased its minimum wage for 2024, many wondered what was going to happen with the “tip credit.” The answer was announced at the end of December. Here’s a recap… To start with the basics, the Federal government sets minimum wage. Since New York sets a higher
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Map of Qualified Census Tracts (QCTs)

  • Move map to NY and scroll to zoom in
  • Under Map Options select “Color QCR Qualified Tracts”