Modern Restaurant Management

DECEMBER 31, 2024

This final edition of Modern Restaurant Management (MRM) magazine's Research Roundup for 2024 features news of operator challenges and priorities, delivery trends, wages and hourly worker considerations. This is according to a survey conducted by TD Bank at the 2024 Restaurant Finance and Development Conference in Las Vegas, Nevada.

Franchise 221

Franchise Franchising 2024 Mobile Ordering 221

Modern Restaurant Management

DECEMBER 26, 2024

For more than 100 years, Society Insurance has been providing coverage to hospitality businesses. The Future of Nuclear Verdicts Society Insurance expects more of a discussion around nuclear verdicts and, ideally, an elimination of nuclear verdicts in favor of fair and just verdicts for restaurants. 86ing Gas Appliances – Or Not?

2025 221

2025 Hospitality Insurance 2024 221

Modern Restaurant Management

JANUARY 31, 2025

1 Squad Goals : OpenTable data revealed a 34 percent increase in parties of more than six on Galentine’s Day (February 13) in 2024, compared to the previous year.2 titled Chili’s and Texas Roadhouse: Full-Service Success in 2024. percent year-over-year during 2024. percent during 2024 and were up 4.2

Marketing 221

Marketing Loyalty Program 2025 2024 221

Modern Restaurant Management

JUNE 28, 2024

The ACSI Restaurant and Food Delivery Study 2024 is based on 14,604 completed surveys. Customers were chosen at random and contacted via email between April 2023 and March 2024 for the restaurant industries and between November 2023 and March 2024 for food delivery. car finance, fuel, insurance, etc.) (22

2024 294

2024 Mobile Ordering White Paper Customer Service 294

7 Shifts

SEPTEMBER 9, 2024

Offer comprehensive benefits to restaurant workers In addition to wages, make sure to outline the benefits you offer, such as health insurance, paid time off, or employee discounts. For instance, a job listing for a line cook might state, “$17 per hour, health insurance, paid sick days, and employee meals included.”

2024 335

2024 Social Media Insurance Leadership 335

Modern Restaurant Management

MARCH 13, 2024

Retention Revolution To retain staff, restaurants go beyond salary by offering benefits such as health insurance, retirement plans, and performance bonuses. As the restaurant industry evolves through 2024, these strategies underscore the importance of adaptability, innovation, and dedication to employees and customers.

Loyalty Program 491

Loyalty Program Customer Service Customer Experience Insurance 491

Modern Restaurant Management

DECEMBER 21, 2023

In 2023, we saw sellers increasing throughput utilizing the “experience creates consumption” strategy and we predict an increase in draft program profitability in 2024 as more on-premise professionals embrace the needs of the highly coveted craft beverage loyalists.

2023 309

2023 Insurance Employee Relations 2024 309

EATER

MARCH 11, 2025

But theres still no federal sick leave policy, and often restaurants still dont provide workers with health insurance or other benefits. percent from 2020 to 2024. Its easier than ever to get food delivered to your door, and those workers have fought for fairer wages. food prices have risen by 23.6

Food Supply 293

Food Supply Outdoor Food Order Food Safety 293

Harbor Touch

MARCH 18, 2025

Proposed changes, like the No Tax on Tips idea floated in 2024, could make tips tax-free for employees, but as of now, its not law. Staff pay: salaries, insurance, bonuses. Insurance: property, liability. Credit card tips pull from your POS system. Check yearly for updates. Kitchen gear: pots, ovens, blenders.

Point of Sale 138

Point of Sale POS Restaurant Law 2025 138

Modern Restaurant Management

APRIL 23, 2024

Each state’s specific requirements for 2024 can be found here. The links provided are a convenience and for informational purposes only; they do not constitute legal advice or an endorsement or approval by Society Insurance of any of the statements, or opinions, or content of the organization. Look no further.

Insurance 251

Insurance Restaurant Law Definition Brewery 251

7 Shifts

AUGUST 9, 2024

This post is adapted from our “What Restaurant Employees Want” report, originally published in May 2024. But as the restaurant industry evolves, employees demand the benefits of the traditional 9-to-5 job, such as health insurance, paid sick days, vacation, retirement accounts, and more.

Insurance 195

Insurance Download 2024 Take-out 195

Modern Restaurant Management

SEPTEMBER 27, 2024

This finding from Expert Market’s 2024 F&B Industry Report sheds light on a clear culinary gap within the industry's workforce. This insight seems unsurprising, considering that data from April 2024 revealed 43 percent of small business owners in the US were unable to pay their full rent on time.

Food Truck 251

Food Truck Fast Casual 2024 Food 251

7 Shifts

SEPTEMBER 16, 2024

Check your restaurant’s business licenses, permits, and insurance policies to confirm they’re current and in good standing. In Q2 of 2024, revenue for restaurants fell by 9%, marking the first decline since Q4 of 2022. Make sure your food service licenses, liquor licenses, and health permits are all valid as well.

2024 195

2024 Document Point of Sale Cash Management 195

Society Insurance

MARCH 4, 2025

Society Insurance has spent 110 years helping protect businesses and has seen firsthand how nuclear verdicts have evolved in the U.S. Even if a restaurant doesn’t face a verdict, the prevalence of such cases can drive up insurance premiums industry-wide, increasing operating costs. Recent data shows that U.S.

Insurance 52

Insurance 2025 Food Safety 2013 52

Modern Restaurant Management

JANUARY 28, 2024

Notify your insurance agent or carrier. Let’s protect ourselves in 2024 and give attackers something else to do this year. Don’t wait and don’t try to “fix” the situation; you’ll need professionals to step in right away. Reach out to your financial institution. Consult local authorities.

Small Business 251

Small Business Loyalty Program Insurance Restaurant Law 251

Cheetah

OCTOBER 11, 2021

California Formalizes Outdoor Dining Through 2024. Licenses will be granted for successive one-year periods, until 1 July, 2024. of Public Works has invested effort in permitting and guidelines that ensure parklets are safe, solid, insured and accessible, and of course – do not obstruct the sidewalks, roads or drainage.

Outdoor 148

Outdoor License Food Safety Food Truck 148

Restaurant365

JULY 24, 2020

Revenue is expected to show an annual growth rate (CAGR 2020-2024) of 5.1%, resulting in a projected market volume of $32,325m by 2024. Third-party apps can take 30% of your delivery earnings and in-house delivery has its own costs, such as salaries, vehicle maintenance, gasoline and insurance.

Front of House 147

Front of House Online Ordering Kitchen Safety Customer Service 147

Apicbase

JANUARY 28, 2025

Before we dive into the challenges of the Autumn Budget 2024, lets step back and look at the bigger picture. Why are UK Restaurants Concerned About the 2024 Autumn Budget? When Will the Autumn Budget 2024 Take Effect? Chancellor Rachel Reeves presented the UKs Autumn Budget 2024 on 30 October 2024.

2024 52

2024 Waste Inventory Hospitality 52

7 Shifts

JULY 12, 2023

And I knew that she didn't have medical insurance, but I went to her and I was like, 'I know that this is going to be a strain. On the horizon now, what we're gearing up towards, is our new build, which will be in West Harbor, which is opening in hopefully like September of 2024. It wasn't even on our dime. How can we help?'

Front of House 370

Front of House Back of House Take-out Book 370

SpotOn

DECEMBER 30, 2024

At the beginning of 2024, the NRA reported that 73% of operators expected profit to be less or the same over the year, with 38% saying they didn't make any profit in 2023. What is the average restaurant profit margin? So the current average restaurant profit margin is most likely lower today.

Operations 52

Operations Loyalty Program Online Ordering Fast Casual 52

7 Shifts

JULY 1, 2024

Running a bar is a lucrative business, proven by the fact that this industry is estimated to be valued at a whopping $36 billion in 2024. Even better, it is expected to grow at an annual growth rate of 5.09% in 2027. While this could be a rewarding venture, opening a bar is not exactly the same as opening a food business.

Bar 221

Bar License Food Supply Restaurant Law 221

Touch Bistro

AUGUST 11, 2021

if the company provides health insurance). hour on January 1, 2024. You’ll also need to adjust payroll for higher contributions to workers’ compensation and liability insurance. Nevada: $9.75/hour hour ($8.75 Planned increase on July 1, 2022. New Hampshire: $7.25/hour. New Jersey: $12.00/hour. Planned increase to $13.00/hour

2021 98

2021 Restaurant Law 2022 Employee Relations 98

EATER

DECEMBER 14, 2022

Also in September, 1,000 food workers at San Francisco International Airport went on strike , demanding higher wages and improved health insurance. Though it only lasted three days, the airport strike resulted in $5 hourly pay increases for unionized workers , along with fully paid health insurance for workers and their families.

2022 246

2022 Restaurant Law Insurance Food Safety 246

EATER

OCTOBER 7, 2024

The coffee behemoth has always been a trendsetter — it’s credited with making benefits like health insurance for part-time employees and tuition reimbursement more common throughout the sector — and its approach to heat protections could inform the entire industry’s approach.

Kitchen Safety 362

Kitchen Safety Front of House Employee Relations Food Safety 362

7 Shifts

NOVEMBER 8, 2023

Denver will increase its minimum wage by $1 in early 2024 and bring the city’s hourly minimum wage to $18.29 The employer is responsible for the difference when an employee’s total tips and hourly wage don’t add up to at least the state minimum wage. and its tipped minimum wage to $15.27.

Restaurant Law 221

Restaurant Law Food Safety Employee Relations Article 221

Modern Restaurant Management

NOVEMBER 13, 2020

Proposition 22 requires companies with independent-contractor drivers to provide specified alternative benefits, including: minimum compensation and healthcare subsidies based on engaged driving time, vehicle insurance, safety training, and sexual harassment policies. Litigation.

2020 474

2020 Restaurant Law Food Safety Food Order 474

Modern Restaurant Management

DECEMBER 26, 2024

Navigating Emerging Challenges in Profitability In 2024, U.S. trillion in 2024. By mid-2024, 82 percent of food and beverage operators were still actively recruiting, with chefs and cooks comprising 30 percent of open roles. By adopting forward-thinking approaches, restaurants can thrive amid this challenging landscape.

2025 418

2025 Management Management Insurance 418

Modern Restaurant Management

OCTOBER 29, 2024

Ahead of Halloween and spooky season, Society Insurance explores some of the scary factors, some more rare and some more common, that can affect premium rates. As these events become increasingly common, it comes as no surprise that premiums have risen as insurance companies pay out large claims.

Insurance 221

Insurance Restaurant Law Supplies 2024 221

EATER

FEBRUARY 4, 2025

Getty Images Bird flu outbreaks have caused egg prices to rise, forcing some restaurants either adapt recipes or raise menu prices Toward the end of 2024, James Wong of the San Francisco bakery Breadbelly was already mentally preparing for his egg prices to go up: They also spiked at the end of 2022 and 2023 , due to nationwide bird flu outbreaks.

Food Supply 299

Food Supply Pricing 2023 2024 299

Modern Restaurant Management

FEBRUARY 13, 2025

To observers on Wall Street, within the Federal Reserve, and inside the Democratic Party, 2024 was the year that inflation was tamed and GDP continued to grow, while consumer spending remained strong and unemployment low. Both were a surprise to many experts and seem to tell conflicting stories about the health of the U.S.

Small Business 221

Small Business 2025 Healthcare 2024 221

Modern Restaurant Management

FEBRUARY 26, 2021

FDA Announces 2024 Compliance Date for Food Labeling Regulations : On January 4, the Food and Drug Administration announced that it would set January 1, 2024 as the uniform compliance date for final food labeling regulations that are issued in calendar years 2021 and 2022. Administrative Developments.

2021 402

2021 Food Safety Insurance Uniforms 402