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Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. There are stories nearly every day in the media about innovations in healthcare, breakthrough treatments, and in some cases cures for various illnesses. a lower deductible).
Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. When it comes to managing medical plan costs for restaurant employers, aggressive management of prescription drug expenditures can yield significant savings. Understand Your Costs.
Due to the Covid-19 outbreak effect on the restaurant industry, Modern Restaurant Management (MRM) magazine is compiling a list of resources available for restaurant owners, operators and managers. Global insurance brokerage Hub International , is responding tonumerous inquiries asking for more guidance through the Coronavirus crisis.
Some examples could include: healthcare organizations, organizations with political or ideological agendas, news media organizations and businesses that deal with significant quantities of cash. Managing foreseeable risk = covering the basics. Managing foreseeable risk = covering the basics.
From small business loans to microgrants to business credit cards, cash is available; it just takes a bit of application work and a little know-how. Healthcare costs: group healthcare benefits, insurance premiums, etc. Best for: Businesses who need cash to keep their doors open and their staff employed.
But the challenges don’t stop there—once open you have to focus on improving processes, managing labor schedules, and controlling restaurant costs. Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. This is only a guideline.
and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. This year’s Neighborhood to Nation Contest will double the number of winners to award 20 prizes of $5,000 in cash along with a robust marketing package.
In fact, it’s been reported that some restaurants have used the fees as a way to pad their revenues, or offset fees charged by credit card processing companies, while others have legitimately used the money to pay for benefits like health insurance (some restaurants even list out a separate healthcare surcharge ).
Restaurant payroll is a system for calculating and managing the salaries of employees in a restaurant. Employers need to track hours, calculate wages, manage shift schedules , and maintain employee records. This schedule can be difficult to run manually for managers with more than a handful of employees.
We’ve seen some truly inspiring stories of swift action taken , where shared kitchen owners and tenants quickly pivoted to set up grocery stores, offer meal-kits, and deliver meals to healthcare workers among many other initiatives. . Other considerations are driver insurance, rigorous hygiene guidelines, and offering contactless deliveries.
Some restaurants also see service fees as a way to address a chronic problem in restaurants — few employees want to be managers and 35 percent of restaurant managers quit within the first year. That’s before the airline tries to sell you various forms of insurance. At many, the fees are earmarked for employee benefits.
. “This pandemic has shed light on how technology can be used to quickly adapt core services within the food industry like delivery, fulfillment, and supply chains," said Lior Susan, Founder and Managing Partner at Eclipse. Delivery management has never been easier!
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