betide
bi-TYD
To happen.
From Old English tidan (happen), from tid (time).
Betide is often shortened to tide or tidings. Such as when Luis Van Pelt declared in a Charlie Brown Christmas: “Fear not: for, behold, I bring you good tidings of great joy!”
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TIP OF THE WEEK
Good tidings for the restaurant industry.
Driven by stronger sales and traffic and a more optimistic outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index (RPI) posted a solid gain in October. The RPI – a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry – stood at 102.8 in October, up 1.8 percent from its September level. In addition, the RPI stood above 100 for the 20th consecutive month, which signifies expansion in the index of key industry indicators.
According to the SBA, restaurants obtain more SBA 7(a) loans that any other business type.
If you would like a copy of the National Restaurant Association’s Restaurant Performance Index for October let me know.
Dispatches From The Front 