There is good news for the food industry, as it begins in 2011. Analysts said that consumers would be willing to spend more, and the biggest winner will probably be fast-casual restaurant chains restaurants and style bars. Respondents to a recent Nation Restaurant News (NRN) survey of restaurateurs showed that only 20% said the biggest challenge would be slowed down for them in 2011, consumer spending, while 44% stated that consumers will spend theirgreater benefits. With food prices, more than one third of respondents said that more raw material costs expected their most difficult challenge for the next year, with almost 40% increase in prices of the menu.
NRN According to the survey, there is optimism among restaurateurs as expected over 64% of sales and profits in 2011, while nearly 25% expect their revenues and profits to be flat with 2010 figures. Almost 38% of respondents plan to increase hiring, whilenearly 17% plan to invest in equipment upgrades. Government may adopt new policies in 2010, now for the purchase of restaurant equipment and supplies with additional tax cuts.
Go with the new Small Business and Credit Act of 2010 Labour, in force September 27, 2010, new tax advantages for those who have offered to purchase restaurant equipment. Purchase of up to $ 500,000 can be written on our own taxes in 2011, when done by the end of this year. In previous years, these purchases werebe depreciated over several years. It seems that there is no better time than now to shop for restaurant equipment and supplies.
The food safety law by President Barack Obama to be signed in early January 2011 to increase the food processing plant inspections lead. This will probably trickle down to the health inspectors make multiple visits to restaurants, and control the proper use of essential items such as cooking, food containers, labels and safety thermometer. HygieneCutlery, cutting boards and other food and food preparation will likely provide more of these questions during the medical examination.
2011 appears in a very positive direction to move in the food industry. Eating again the possibility for many consumers with tighter budgets, should help the economic growth forecast and new laws in the field, as projected. This is an improvement is to greet guests and caterers alike.Fewer workers are likely to look for work, and this, the general economy of the United States will benefit as well. It seems that the food industry can expect healthy growth for next year!
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