If you’re thinking of starting, purchasing or expanding a restaurant, you will likely need some capital. Although you do have a menu of options to choose from, you will need to make sure you order up the right structure to fit your financing needs.
The Restaurant Roundtable Series consisted of Citrin Cooperman CPAs & Practice Co-Leaders within the Restaurant and Hospitality Practice that teamed up with Mitchell C. Littman, Esq., and Megan Rockwell, Esq., attorneys from Littman Krooks LLP, to present a primer on entity formation and financing methods for restaurants, to include:
- Selecting an entity type
- Financing a venue (debt versus equity)
- Establishing a holding company
- Protecting intellectual property of business