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News & Alerts

Latest Survey Shows Restaurants are Still Feeling an Economic Impact - September, 2021

9/30/2021

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The National Restaurant Association recently released results from a survey of 4,000 restaurant operators taken from September 7-15, 2021. The results indicate that the delta variant dampened dining in 3 out of 4 restaurants and 44% of restaurant operators believe it will take more than a year for business normalize. 91% are paying more for food. 63% are paying higher occupancy. 84% have higher labor costs. See graphic on this page for more details.
NRA Survey September Infographic
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Federal Budget Reconciliation Bill Would Increase Taxes

9/29/2021

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Bill Signing
​Congressional tax writers are considering a number of tax increases in the $3.5 trillion budget reconciliation bill that is being negotiated among Congressional Democrats this week. The National Restaurant Association and the Wisconsin Restaurant Association have been working with moderate members of Congress who will play a critical role in passing the bill, to educate them on the detrimental impact tax increases would have on the restaurant industry still struggling to recover from the pandemic. In a letter to House and Senate  leaders, the National Restaurant Association opposed:
​
  • Elimination of the small business tax deduction for qualified business income (QBI) after $500,000.
  • Repeal of the stepped-up basis, which would make death a taxable event for family-owned businesses. Restaurants carry an average cash-on-hand to cover 16 days of expenses. Taxing a restaurant as it is passed down to the next generation would require cash that simply cannot be produced in the short-term.
  • Increases in the corporate tax rate, which will cost companies - including restaurants - over

$540 billion. As the second-largest private sector employer in the nation, restaurants will have fewer opportunities to invest in employee growth and expansion.

If passed, most of the proposed changes will take effect in January 2022. “Raising taxes during a pandemic creates unintended consequences for a restaurant’s prospects for survival, the growth of our workforce, and the recovery of the communities we serve,” said Kristine Hillmer, WRA President and CEO. “It would be tragic if Congress provided a lifeboat for restaurants and other small businesses via the Paycheck Protection Program, Employee Retention Tax Credit, and the Restaurant Revitalization Fund, only to sink these same businesses with a major tax hike while a full recovery remains out of sight.”

Letter to House and Senate Leaders
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How Restaurant Employees in Wisconsin Feel About Their Jobs

9/27/2021

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The Wisconsin Restaurant Association conducted a survey during the Summer of 2021 to understand how employees within the restaurant and hospitality industry right here in Wisconsin feel about their jobs, what they value in an employer and what motivates them. We’ve created an infographic with those key findings.
View Infographic
Staff Thumbs Up
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SBA Announces New EIDL Enhancements Including More Funds and More Flexibility

9/14/2021

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Webinar
Recently, the US Small Business Administration (SBA) announced new flexibilities and enhancements for the COVID-19 Economic Injury Disaster Loans (EIDL) program. The COVID-19 EIDL program provides 30-year loans with fixed interest rates of 3.75% for eligible businesses.

The National Restaurant Association has been working with the SBA to make improvements to EIDL.
These improvements include:
  • Larger loan amounts, from $500,000 to $2 million
  • More flexibility with EIDL funds, including the ability to pay off private commercial loans or credit card debt with EIDL funds
  • Updated affiliation standards

​The National Restaurant Association is hosting a webinar with the SBA on the EIDL enhancements on September 15th at 1:00 pm (CT).

Register for Webinar
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Tips on How to Reduce Turnover by Becoming a Preferred Employer in the Hospitality Industry

9/2/2021

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​Want to get out of the non-stop cycle of recruiting, hiring and training? WRA has put together tips on becoming a preferred employer to reduce employee turnover. 
 
Complete a quick form to get these helpful tips!
Click Here
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Solutions on Staffing Resources for Restaurants

9/2/2021

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The success of your business is only as great as the people that you have on your team.  We want to help you be great!

​Whether you’re looking to be inspired on how to build the dream team, could use some resources on how to hire better, or are a continual learner that just appreciates staying in touch with how be a preferred employer—check out these resources developed by WRA specifically for restaurant industry employers. Our goal is to get you fully staffed with low turn-over and a happy team that loves your business as much as you do.
See Solutions on Staffing Resources
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  • Membership
    • Member Login
    • Membership Savings >
      • Manufacturer Rebate Program
      • Employee Retention Credit
      • FICA
      • Lending
      • RestaurantOwner
      • Property & Casualty
      • Workers Compensation
      • Credit Card & Payroll Processing
      • Health Solutions
      • Entertainment
      • Music Licensing
      • Other Products & Services
    • Restaurants
    • Suppliers >
      • Members Only Login
      • Supplier Member Benefits
      • Interested in Joining
      • Live Events
      • Sponsorships
      • Advertise
      • Donate
      • Get Involved
    • Easy Renew
    • Referral Program
    • Join
  • Resources
    • Members Only
    • Business Support >
      • AskWRA
      • Supplier's Directory
      • National Restaurant Association
      • Laws & Regulations
      • Publications
      • Materials to Purchase
      • Popular Topics
    • For Diners >
      • Dining Guide
      • Gift Certificates
    • Solutions on Staffing
    • Humans Of Hospitality >
      • Humans of Hospitality - Share Your Story
    • Industry Insights >
      • The Pulse
    • Tax Credits
    • News & Alerts
  • Advocacy
  • Events & Training
    • Calendar
    • Events >
      • Southern Shootout
      • Hospitality Golf Classic (Big 4 and FVTC)
      • ProStart Golf Classic
      • Brewers Raffle
      • Restaurant Resource & Products Roadshow
      • Top 20 Women to Watch
      • Women in Hospitality Conference
      • Cheers to Hospitality
      • Wisconsin Food & Hospitality Expo
      • Dine for ProStart
    • Food Protection Manager Certification
  • ServSafe
  • Foundation
    • ProStart
    • Scholarships
    • Get Involved >
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  • About
    • Our Team >
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      • WIHC Top 20 Women in Hospitality
    • Press Releases