Modern Restaurant Management

OCTOBER 17, 2024

These issues have translated to the industry’s insurers as well – causing even more headaches for restaurant owners. The restaurant insurance market has seen rising costs to insure and as a result, carriers have come and gone from the market. We also recommend post-incident training to ensure incidents do not repeat.

Insurance 167

Insurance Kitchen Safety Food Safety Employee Relations 167

7 Shifts

SEPTEMBER 9, 2024

Equip your managers with leadership skills that go beyond simply assigning tasks. 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. Their job is more important than mine," she says.

2024 335

2024 Social Media Insurance Leadership 335

Modern Restaurant Management

OCTOBER 3, 2022

Cooking equipment is probably the most important thing inside a restaurant – and it’s also a leading cause of fires. An internal study with Society Insurance policyholders who experienced fires found that the majority of fires were due to cooking equipment, costing in excess of $5.4 million over a three-year period.

Kitchen Safety 212

Kitchen Safety Equipment Insurance Restaurant Law 212

Modern Restaurant Management

AUGUST 31, 2021

With the laundry list of everything bar and restaurant owners need to handle on a daily basis, proper insurance coverage should be top priority. Proper communication with the insurance agent about all the ins and outs of the restaurant can help set up the policy right from the get-go.

Bar 193

Bar Insurance Employee Relations Certification 193

Modern Restaurant Management

SEPTEMBER 30, 2021

Society Insurance has been working alongside restaurant owners for more than a century, seeing first-hand the devastating effects a fire can have on the establishments that make communities great. Cooking equipment is probably the most important thing inside a restaurant – and it’s also a leading cause of fires.

Kitchen Safety 179

Kitchen Safety Insurance Equipment 2012 179

Modern Restaurant Management

MAY 8, 2020

Protective masks should be mandatory, along with gloves and other personal protective equipment. Restaurants must make this equipment available for employees and also customers. Many locations have enacted measures mandating social distancing, the use of personal protective equipment and occupancy limitations.

Restaurant Law 224

Restaurant Law Employee Relations Insurance Equipment 224

7 Shifts

JUNE 28, 2021

The difference here lies in the extra steps to remove germs and grease from surfaces and equipment. Sanitize all cutting boards , utensils, and kitchen equipment after they are exposed to raw meat. Sanitizing kitchen equipment before using it to prepare any allergen-inducing foods, as well as when customers alert you of an allergy.

Kitchen Safety 370

Kitchen Safety Food Safety Food Supply Equipment 370

Modern Restaurant Management

SEPTEMBER 29, 2023

” Society Insurance has been working alongside business owners for more than a century, seeing first-hand the devastating effects a fire can have on the establishments that make communities great. When it comes to your expensive equipment, don’t take shortcuts.

Bar 189

Bar Kitchen Safety Equipment Insurance 189

Modern Restaurant Management

OCTOBER 13, 2021

A more reliable and efficient approach is to equip refrigerators with IoT-connected sensors that monitor temperatures 24/7 and streamline the logging process. Any of these issues can severely damage buildings and equipment and even temporarily shut down a restaurant. Each year, insurers pay out $2.5

Food Safety 245

Food Safety Equipment Customer Service Point of Sale 245

7 Shifts

NOVEMBER 22, 2021

It also requires money to open a restaurant and build it out, buy equipment and finance the operation until it reaches break-even. For example, you can include lease documents, architectural drawings, proposals from vendors for equipment and/or location buildout, menu designs , etc. Find other business plan resources from GrowThink.

Document 393

Document Cash Management Small Business Take-out 393

Modern Restaurant Management

DECEMBER 21, 2023

Let us pass on the knowledge and expertise that we have gained in our 100+ years in the insurance business, so you can take a few things off your plate – and gain peace of mind. Society Insurance bears no responsibility for the accuracy or content of linked or cited material.

2024 189

2024 Kitchen Safety Cash Management Insurance 189

7 Shifts

AUGUST 18, 2024

Equipment : What equipment will you need? Sourcing the Right Equipment Your budget, target market, and concept will dictate your equipment needs. The size of the space is important, as you'll need enough room for customers and all of your bar's equipment. For example, do you have to buy insurance?

Bar 370

Bar License Email Marketing Customer Service 370

Modern Restaurant Management

JULY 14, 2023

Restaurant insurance is complicated. Just as owners have to play many roles in management, marketing, and menus, their insurance has to protect their finances, patrons, and employees. And who has the time to read a 100-page insurance policy? These are often excluded from standard policies and be potentially costly.

Insurance 88

Insurance Food Safety Employee Relations Small Business 88

Modern Restaurant Management

NOVEMBER 24, 2021

Restaurants have faced labor shortages, supply and equipment shortages, and climbing food prices, with no past playbook on how to navigate the crisis. These include sign-on bonuses, higher wages and the offering of health insurance. Equipment Shortage. It’s been a tough year for the foodservice industry. Food Shortage.

2021 189

2021 Food Supply Food Truck Supplies 189

Modern Restaurant Management

DECEMBER 31, 2020

In that case, there may not be any insurance outside the driver’s personal auto insurance. If you’re contracting with a third-party delivery service, let your insurance agent know. Your agent can review the contract to determine what types of insurance you may need to protect your restaurant.

Delivery 231

Delivery Insurance Customer Service Online Ordering 231

Modern Restaurant Management

AUGUST 13, 2021

The National Fire Protection Association (NFPA) reported that cooking equipment is the leading cause of fires in dining establishments. Society Insurance has established a list of meat smoking hazards and how to prevent these hazards from causing significant damage to one’s business.

Insurance 203

Insurance Kitchen Safety Equipment Customer Service 203

Modern Restaurant Management

JULY 15, 2020

Restaurants should consult their insurance brokers and attorneys to ensure that their liability insurance policies will cover any property damage or personal injuries caused by their drones and if necessary, purchase additional drone insurance to cover claims related to drone usage.

Delivery 193

Delivery Restaurant Law Insurance Food Safety 193

7 Shifts

JULY 5, 2024

For example, if labor costs are consistently high, you might consider optimizing staff schedules or using labor-saving equipment to reduce expenses and increase your net profit. With labor-saving equipment, like automated dishwashers, you can reduce the need for additional staff during peak hours.

Cash Management 243

Cash Management Inventory Seasonal Menu Beverage 243

Modern Restaurant Management

MARCH 5, 2024

Safety training and creating a culture of safety are both critical for mitigating these risks, helping restaurants establish environments that protect staff and customers, which also goes a long way toward keeping insurance premiums low and protecting the bottom line.

Training 167

Training Food Safety Employee Relations Insurance 167

Modern Restaurant Management

APRIL 27, 2020

License and Insurance – If employees who don’t normally deliver food for the restaurant are using their own vehicles, restaurant management should check for a valid license and insurance before asking the employee to deliver food.

Delivery 153

Delivery Hiring Transportation Food Safety 153

Modern Restaurant Management

MARCH 3, 2022

A more reliable and efficient approach is to equip refrigerators with IoT-connected sensors that monitor temperatures 24/7 and streamline the logging process. Any of these issues can severely damage buildings and equipment and even temporarily shut down a restaurant. Each year, insurers pay out $2.5

Food 212

Food Food Safety Customer Service Customer Experience 212

Restaurant365

JANUARY 5, 2021

The Act also redefines payroll costs to specifically include group insurance payments made on group life, disability, vision and dental insurance. payment for software and cloud services), perishable goods, and worker protective equipment. This would cover insurance plans such as vision, dental, disability and life insurance.

Insurance 148

Insurance Small Business Employee Relations 2021 148

Modern Restaurant Management

JUNE 26, 2024

While maybe less cute than National Pet Day (4/11) and less tasty than National Cheeseburger Day (9/18), National Insurance Day on June 28 encourages businesses to review their policies to ensure financial success and safety for all involved. This can be hazardous to you, your employees, patrons and the building.

Insurance 100

Insurance Kitchen Safety Small Business Food Safety 100

Modern Restaurant Management

DECEMBER 16, 2024

Simplify Health Insurance Open Enrollment Health insurance is one of the most valuable benefits you offer, so make open enrollment a central, streamlined year-end activity. Focus on: Reviewing Safety Protocols : Ensure all staff understand emergency exit locations, proper equipment handling, and current food safety standards.

2025 154

2025 Restaurant Law Audits Employee Relations 154

Modern Restaurant Management

FEBRUARY 25, 2021

Research from the Insurance Institute for Business & Home Safety (IBHS) shows that improvements to commercial facilities, both small and large, can strengthen your building against high winds, heavy rain, hail and even low level tornadoes, to meaningfully reduce the risk that costly damage will further disrupt operations.

Equipment 196

Equipment Small Business Outdoor Insurance 196

7 Shifts

SEPTEMBER 16, 2024

Asset-Based Valuation In some cases, the value of your restaurant’s assets, like equipment, furniture, and leasehold improvements, might be the best way to determine its value. For example, if your restaurant's equipment and fixtures are worth $50,000, that would become the base value for the sale.

2024 195

2024 Document Point of Sale Cash Management 195

Modern Restaurant Management

AUGUST 5, 2024

Restaurants should consider vetting third-party vendors to performing these functions, and ensure those vendors are properly insured. Restaurants should also consider their own insurance coverage for cyber risks. What are the best practices for brands to handle a breach?

Employee Relations 197

Employee Relations Insurance Healthcare Restaurant Law 197

Society Insurance

JANUARY 4, 2023

Society Insurance is committed to providing weekly blog posts to help business owners optimize daily operations and minimize risk. Proper Use of Tools and Other Equipment. The post 2022 Year in Review appeared first on Society Insurance. Here are the most popular blogs that have helped business owners just like you!

2022 98

2022 Insurance Social Media Leadership 98

The Restaurant Times

SEPTEMBER 19, 2021

Time has never been better to open your food truck, and the most critical business step is investing in insurance. However, if you don’t have the correct insurance, your food truck might cost you thousands of dollars or perhaps your business in jeopardy in time of a mishap. . Food Truck Insurance Cost . Kind of Insurance.

Food Truck 52

Food Truck Insurance Food Transportation 52

Modern Restaurant Management

MAY 12, 2022

Some co-packers charge a one-time set-up fee to create your product for the first time—establishing the procedures they’ll need to follow, figuring in any special equipment they’ll need to retrofit or custom tool, and the like. Quality Control, Legal and Insurance. Getting into Retail.

Retail 180

Retail Certification Seasonal Menu Insurance 180

Modern Restaurant Management

JUNE 23, 2021

Ahead of the holiday, Society Insurance, which provides coverage to the hospitality industry, has put together a list of best safety practices for restaurants with deep fryers: 1. Regular maintenance and cleaning is an important safety factor for any kitchen equipment and a commercial fryer is no exception to this rule.

Kitchen Safety 188

Kitchen Safety Food Safety Equipment Insurance 188

Modern Restaurant Management

SEPTEMBER 24, 2021

“There are certainly lower fees the marketplace will charge if you handle the delivery in-house, but the insurance, staffing, and additional costs that come with in-house delivery may get pretty close to comparable, if not more,” he said. ” Costs aren’t the only thing that should be top of mind when making this choice.

Delivery 214

Delivery Insurance Online Ordering Customer Service 214

Modern Restaurant Management

MAY 19, 2020

In general, tenants should also pay close attention to what is included in the definition of gross sales for the purposes of calculating percentage rent and should negotiate various exclusions from gross sales, such as gratuities and insurance proceeds. Gross Sales Termination Right.

Insurance 203

Insurance Events Definition Equipment 203

Modern Restaurant Management

OCTOBER 22, 2024

The former are entitled to benefits such as minimum wage, overtime pay and workers’ compensation insurance. Independent contractors, meanwhile, may not get these benefits in exchange for having more freedom and control over their work, while holding responsibility for their own taxes and insurance.

Restaurant Law 132

Restaurant Law Tip Distribution Fine Dining Insurance 132

Modern Restaurant Management

FEBRUARY 24, 2022

There are a few reasons: New employees often lack training; ill-equipped and inexperienced workers sustain more injuries trying to use machinery or tools with which they are not familiar. Yet, it is hurting us in ways we will not even see until our next few insurance renewal cycles.

Hiring 197

Hiring Guest Recovery Insurance Hotels 197

Modern Restaurant Management

SEPTEMBER 13, 2021

This will include marketing, equipment, utilities, rent and insurance. These typically are all the items that fall into the section on the income statement after key COGS (food cost, beverage cost, labor cost).

Insurance 196

Insurance Small Business Operations Equipment 196

7 Shifts

FEBRUARY 26, 2021

Things to Consider: Hiring Drivers There are a few things to consider when hiring drivers beyond the economics and payroll: City and Local Ordinances (such as reflective gear or e-bike laws) Equipment Maintenance (Delivery Bags, Protective Gear) Vehicular Maintenance (Cars, Scooters, Bikes) Gas Reimbursements Insurance and Tax Implications New employees (..)

Online Ordering 341

Online Ordering Ordering Customer Service Food Order 341