Empire State Development Announces “Raising The Bar” Restaurant Recovery Fund
The fund will make available grants of up to $5,000 to help small restaurants. Restaurants can begin to apply on January 11, 2021.
Link to Application
nysrestaurantrecovery.fluxx.io
Required documents:
-2019 Federal Business Tax Returns
-2020 Year to Date Income Statement
-Copy of SLA License
-List of eligible reimbursable Covid-response expenses incurred since 9/1/2020 (receipts if capital expenses – including equipment and/or construction) [Ray – Applicants will be able to input the list right on the application platform, but they can be pulling it together now and just upload it when the portal opens]
-Current Government-issued photo ID for every owner of 20% or more
How To Calculate Customer Aquisition Cost
Customer acquisition cost (CAC) is an important metric for businesses that are looking to grow their customer base. CAC represents the total amount of money a company spends on sales and marketing activities to acquire a new customer. In simple terms, it's the cost of...