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Jump To Your State There are a lot of benefits to serving alcohol at your restaurant. Liquor sales tend to have the largest profit margins over anything else on the menu, ranging from 75 to 80%. Alcohol is particularly profitable due to large markups for prices, low labor costs, and a longer shelf life compared to most other consumables. Having beer, wine, and/or hard liquor on the menu can also attract new customers to your restaurant. For many people, a…

Last Updated: July 14, 2020 from Facebook pages. Lots of new info on re-openings! The coronavirus (COVID-19) pandemic swept across the US in less than a week, effectively shutting down life as we had known it. The pandemic has impacted businesses of all sizes across a number of different industries. However, the first industry to be impacted was the restaurant industry and it is perhaps the hardest-hit industry to-date.  On March 16th, Governor Gretchen Whitmer issued an executive order to…

For many Americans, bubble tea is a relatively new concept. After being invented in Taiwan in the 1980s, the fun drink with a giant straw has exploded in popularity across Asia — and throughout the world. Bubble tea is in such high demand globally that McDonald’s put it on the menu in Germany. If you are a bubble tea fan, or simply interested in investing in a business with a tremendous potential for growth, you may be thinking about starting…