By now you’ve likely heard of the newly passed tax legislation for 2018, along with a flurry of discussion on what impact it will have on businesses. The National Restaurant Association’s November 2017 industry update indicated that restaurant owners were optimistic about business in 2018, a positive sign for the industry.
As a thought leader in the industry, Suddath® has reviewed implications of the tax plan to better understand what impact it may have on your restaurant.
If you are considering making investments or business changes, it’s always a good policy to consult with your preferred tax provider or CPA to understand potential benefits and any risk or time-specific restrictions that may alter your decisions, such as write-offs, changing tax brackets or accelerated depreciation.
If reinvesting in new locations, remodels and renovations seem like a good strategy to grow your business, the Suddath Global Logistics Furniture, Fixtures & Equipment (FF&E) team can provide guidance and solutions to get the most value from improvements.
As a provider of end-to-end supply chain solutions, we work as a partner with our domestic and global clients to provide flexible, customized, repeatable and scalable services. Suddath enjoys more than 50 years of experience providing logistics support to the restaurant industry and has worked with many of the top restaurant chains in the U.S.
We are already seeing an increase in new customer activity in 2018. We stand ready to mobilize opportunity and are eager to learn what your strategic reinvestment plans are for the upcoming years.
Contact us to learn more on how we can support you. Once you are ready to move forward, our team will coordinate the entire process, serving as a one-stop shop to meet your needs.