How Restaurants Can Manage the Minimum Wage Increase

The U.S. House of Representatives passed legislation in July to raise the federal minimum wage to $15 an hour by October 2025. Some states and cities have already voted in a higher minimum wage. What do these increases mean for restaurants and how do we respond? Designed exclusively for Restaurants, Food Retailers and Bars, this workshop will explore strategies that today’s entrepreneur can implement to respond to change while staying relevant and profitable in an ever changing landscape. Come learn what these increases mean for food service establishments. We’ll also talk about some best practices that have been done in other communities to manage increasing costs of doing business. • What’s the increase for your area? • Raising Prices: If So, How Much? • How should I tell my customers? • Strategic Cost Management • Tech-based Sales & Marketing • Off-premise occasions • To tip, or not to tip