September 25, 2024
PRNewsfoto/Feed the Soul Foundation
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Feed the Soul Foundation Awards $850,000 to Marginalized Culinary Businesses through Restaurant Business Development Grant Program
According to the National Restaurant Association's 2024 State of the Industry report, 98 percent of culinary business owners say higher labor and operations costs are an issue for their restaurant, 97 percent cite food inflation as a challenge, and 38 percent expressed their restaurants were not profitable in 2023.