Summer 2026 Restaurant Labor Law Updates
Stay compliant with key restaurant labor regulations in Summer 2026, including minimum wage increases, scheduling laws, and retirement requirements.
Jul 24, 2026
Stay compliant with key restaurant labor regulations in Summer 2026, including minimum wage increases, scheduling laws, and retirement requirements.
Jul 24, 2026
Discover how restaurant apps help owners manage labor, payroll, inventory, food safety, reporting, and back-office operations more efficiently every day.
Jul 24, 2026
Cicis Pizza’s systemwide sales have surged over 50%, fueled by digital innovation, modern operations, and a revamped franchise strategy. Learn what restaurant owners can take away from Cicis’ transformation.
Jul 24, 2026
Fogo de Chão has announced Daniel Duran as its new CFO, marking a strategic leadership transition designed to enhance global growth and financial innovation for the renowned restaurant brand.
Jul 24, 2026
Learn how to calculate, benchmark, track, and improve restaurant payroll percentage while balancing staffing costs, sales, service, and profitability effectively.
Jul 24, 2026
KFC Global has selected experienced leader Maria Cacciapuoti as its new Chief Operations Officer. Discover how her extensive expertise will help shape KFC’s global operations and franchise partnerships.
Jul 23, 2026
Portillo’s welcomes industry veteran Christopher Hansen as Executive Chef and Senior Director of Culinary Innovation to steer menu strategy and fuel national growth.
Jul 23, 2026
Ziggi’s Coffee welcomes Stacey Pool as Chief Growth Officer to spearhead national expansion and enhance franchise profitability as the brand celebrates a decade of franchising success.
Jul 23, 2026
Cinnabon grows 30% in U.S. units, adding 308 net stores as flexible formats expand into travel centers and convenience; 95 more openings forecast and 359 in pipeline.
Jul 22, 2026
QDOBA targets 2,000 restaurants in 10 years, powered by franchising and recent securitizations, aiming for $5B sales, $2.7M AUV, and 28% margins.
Jul 22, 2026
BurgerFi secures a $2.5M emergency advance as it navigates liquidity pressure and a strategic review.
Photo by Fábio Alves
BurgerFi International is moving in tight financial air. The company has tapped a protective cash advance of $2.5 million under an Emergency Protective Advance Agreement dated August 9, 2024, a move that signals urgency more than celebration. The aim is simple: keep operations humming while leadership and lenders map a path through debt and disruption. The seven-day window to ink a letter of intent and the 60-day clock to close a definitive transaction frame how quickly the plan must take shape. It’s a big move, with big consequences.
The loan is anchored by TREW Capital Management Private Credit 2 LLC as the senior secured lender and CP7 Warming Bag, LP as the junior lender. The funds are designed to cover liquidity gaps while BurgerFi pursues debt-resolution options under its existing credit facility. This arrangement is a temporary bridge, but the urgency is unmistakable: lenders are watching closely as the company negotiates a path to full repayment and balance-sheet realignment. The August 9 filing with the SEC lays out the mechanics with clarity and intent.
This is a defining moment for BurgerFi’s leadership as it weighs options within a tight timetable. The Emergency Protective Advance is a bridge financing tool meant to prevent a near-term default while the company and lenders map strategic routes. The seven-day LOI and 60-day close target illustrate a relentless cadence, aimed at stabilizing the business and setting the stage for asset dispositions or other restructuring under the current credit framework.
This phase goes beyond a single loan. It signals a broader strategic review, tying the advance to debt-repayment commitments and a tighter balance sheet. Management is weighing options that could include asset dispositions or other restructurings. The interaction of short-term liquidity and long-term viability sits at the core, with lenders and investors watching closely as BurgerFi navigates a fast-changing market and a shifting competitive landscape.