Tag Archives: financing

When a Restaurant Group Should Convert to a C-corporation

Women restaurant owner looking into converting to a c-corporation

LLC taxed as a partnership is a typical legal and tax structure for small restaurant groups because it provides limited liability, no double taxation, flexible economic arrangements, and pass-through tax losses to partners. In most cases, closely held businesses are better off structured as pass-through entities—partnerships or S-corporations.  However, fast-growth restaurant groups may reach a

How to Fund Restaurant Expansion

expansion

Where do you go for money if you have reached store-level profitability at your existing restaurants and want to expand? As our Restaurant Financial Success Guide mentions, expansion should only be considered once you have ideal unit economics and a profitable business model. If you’re producing 15-30% store-level pre-tax profit margins, you can probably bootstrap