How to help local restaurants stay afloat during the pandemic

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How to help local restaurants stay afloat during the COVID-19 pandemic

One of the most effective ways to help restaurants is to purchase gift cards and use them after the pandemic has ended and establishments are back on their feet.

"Buying gift cards allows the restaurant to have some cash now that would enable them to get through," Weston explained."...When you buy a gift card for $100 from your favorite local restaurant, you're helping significantly with the cash flow issues that the restaurant is going to have, and that's going to help them immediately.

Weston said that while restaurants may not return to normal operations for at least a few months, the immediate cash from a gift card will help them last until then. "When we get beyond this pandemic, you will have a bunch of gift cards that you can use and celebrate with your friends and family," Weston said."When you come back and redeem that gift card nine months or a year from now, that restaurant is hopefully going to be in a much better place financially."

 

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We’re happy to do lots of takeout, with tips. But buying gift cards is risky. If the restaurant goes out of business, what good is a gift card?

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