Modern Restaurant Management

JANUARY 2, 2024

As the demand for robotics increases, solutions like franchising and bringing robots closer to home will augment market growth and penetration. As the demand for robotics increases, solutions like franchising and bringing robots closer to home will augment market growth and penetration. Golden Corral is one.

2024 493

2024 Fast Casual Food Safety Insurance 493

Modern Restaurant Management

MAY 18, 2022

There are significant differences in benefit structures between large operators versus small operators and franchise operators versus brand operators. In 2021, smaller plans that are often fully insured (fewer than 500 participants) saw a 9.6-percent Consider these factors: According to PwC, medical trend is forecast to be 6.6

Insurance 531

Insurance 2022 2023 Technology 531

Modern Restaurant Management

APRIL 3, 2020

Business interruption insurance is an extremely important type of coverage in an insurance policy which is intended to cover for lost income sustained as a result of a covered peril in order to allow for the continuity of your business into the future.

Government 383

Government Insurance Cash Management Hotels 383

Modern Restaurant Management

MARCH 11, 2025

From a legal perspective, Insurance : the pandemic highlighted the limitations of insurance policies. Several high-profile restaurant groups brought litigation against insurance companies for their coverage position, but were ultimately unsuccessful. Most widely felt is the labor epidemic.

Mobile Ordering 221

Mobile Ordering Kitchen Safety Fine Dining Food Safety 221

Modern Restaurant Management

MAY 12, 2022

Quality Control, Legal and Insurance. Always consult with counsel and an insurance specialist to make sure you have good general liability insurance with specific additional riders for situations like a product recall or a foodborne illness. These last steps require certain expertise and skilled professionals to help you.

Retail 450

Retail Certification Seasonal Menu Insurance 450

Modern Restaurant Management

JANUARY 16, 2024

The loss of volume for the franchise, the forfeiture of jobs for the community, and the closed restaurant locations could have been avoided with a thoughtful succession plan. Despite this, restaurant owners and franchise brands routinely shy away from discussions around exit strategies or succession planning.

2030 450

2030 Franchising Franchise Employee Relations 450

Modern Restaurant Management

APRIL 27, 2020

Will the loan be forgivable if the proceeds are used to pay franchise fees, property taxes, or insurance? For what purposes can a restaurant use the PPP funds? PPP funds can be used for payroll expenses, rent, utilities, and interest on mortgage obligations. Only that portion used for allowable expenses are forgivable.

Healthcare 540

Healthcare Document Restaurant Law Insurance 540

SpotOn

FEBRUARY 26, 2025

Health insurance, retirement plans (401(k)), paid time off (PTO) (vacation, sick leave, holiday pay), workers compensation, and meal discounts Training and onboarding. Think of your lease, insurance, and licenses. This could include franchise fees, third-party management agreements, or advisory services. Occupancy costs.

Point of Sale 88

Point of Sale License Insurance POS 88

Goliath Consulting

APRIL 28, 2020

Larger franchises have offered free delivery (McDonalds, Applebee’s, IHOP, Panera Bread, Wingstop and Chipotle Mexican Grill, among many others) to accommodate decreasing on-premise sales (1). Even larger brands, like that of the sub/sandwich franchise Jersey Mikes, relied on third-party delivery as a way of managing within its capacity (4).

Delivery 269

Delivery Food Back of House Franchising 269

Modern Restaurant Management

JANUARY 11, 2022

Most entities cannot afford the potential employee attrition that may result from such a requirement, and, due to franchises with multiple locations, developing an effective attestation program could be expensive and quite complex. At this time, almost all plans have incorporated these components.

2022 221

2022 Insurance Document 2021 221

Modern Restaurant Management

DECEMBER 13, 2019

I may own Our Town America, a national direct mail marketing franchise, specializing in reaching people who have just moved to the community, but I recognize there are other ways to market your business. The New York Life Insurance Company is believed to be the first company to begin using direct mail promotions, in 1872.

Email Marketing 364

Email Marketing Marketing Consumer Goods 2015 364

Modern Restaurant Management

MARCH 25, 2020

Qualified Businesses Include but not Limited to: Restaurants Independent or Franchise. These restaurants and businesses need a specialized insurance policy. The coverage sits excess of the driver's own insurance. Grocery Stores. Liquor Stores. And Others. Multiple Program Highlights: Hired and Non-Owned Auto Coverage.

Online Ordering 289

Online Ordering Insurance Mobile Ordering Website Management 289

Modern Restaurant Management

APRIL 21, 2020

Some franchisors are trying to work with franchisees on reduced or eliminated franchise fees. Borrowers, institutional entities, and small businesses all face similar hurdles, including debt service, rent, real estate taxes, personnel expenses, and health insurance.

Hospitality 512

Hospitality Hotels Travel Document 512

Modern Restaurant Management

APRIL 7, 2020

Ensuring business interruption insurance covers COVID-19. Right now, restaurants aren’t receiving the benefits they deserve from insurance companies. The fund is also intended to assist restaurant workers who will not qualify for unemployment insurance or the federal stimulus payment because of immigration status or other issues.

Tip Distribution 426

Tip Distribution Healthcare Hospitality Food Supply 426

Goliath Consulting

APRIL 4, 2020

Filing for Georgia Unemployment Insurance (UI) can be a complicated process leading to multiple questions from both the employer and the employee. By Colin Kopel. This frustration of filing claims is magnified during the coronavirus pandemic due to the mass influx of claims overloading the GA DOL’s capabilities.

Website Management 236

Website Management Email Marketing 2019 Insurance 236

7 Shifts

APRIL 6, 2020

Businesses that employ fewer than 500 employees and have been operational since Feb 15th, 2020 Franchisee restaurants that are listed on the SBA Franchise Directory. Federal Pandemic Unemployment Compensation Individuals who are receiving unemployment insurance benefits can obtain additional funds for up to four months. Who qualifies?

Small Business 341

Small Business 2020 Insurance Article 341

Modern Restaurant Management

JUNE 24, 2020

Moralejo’s prior experience spans over two decades, leading global teams in various operations, franchise development and legal leadership roles at Burger King. Moralejo joins Dine from CHURCH’S/TEXAS CHICKEN (Cajun Operating Company), an international quick service restaurant company.

Guest Recovery 539

Guest Recovery Mobile Ordering Kitchen Safety Food Safety 539

Modern Restaurant Management

JUNE 12, 2020

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. ” Taffer's Tavern Inks Multi-Unit Deal. metro area.

Franchise 420

Franchise Franchising Food Safety Kitchen Safety 420

Modern Restaurant Management

NOVEMBER 4, 2019

In other words, no pizza insurance policy needed and freed up space in the fridge for leftovers. Not only does the round box contain less overall packaging compared to a typical square pizza box, it's also industrially compostable (where available) and interlocks easily to ensure a smoother delivery.

Fast Casual 280

Fast Casual Seasonal Menu Innovation Customer Experience 280

Restaurant365

FEBRUARY 25, 2020

Although factors like franchise affiliation may affect profit margins, fast casual restaurants typically have an average profit margin of 6-9%. Fast Casual Restaurants. Fast casual restaurants, also known as fast food or quick service restaurants, involve ordering at a counter or doing some level of self-service.

Loyalty Program 183

Loyalty Program Point of Sale Fast Casual Online Ordering 183

The Restaurant Times

AUGUST 25, 2022

Vikas Punjabi – When I was planning to move back to India, I got the master franchise rights of The Chocolate Room for India. By 2008, we figured out that franchising was the way to scale The Chocolate Room brand. Ever since we have been franchising and right now have more than 395 stores across the country.

Franchising 98

Franchising Franchise 2007 Customer Experience 98

7 Shifts

AUGUST 18, 2024

Buying into a franchise can be a good option because it provides support and brand recognition. For example, do you have to buy insurance? How to Start a Bar in 14 Steps You understand the pros and cons of owning a bar, the costs involved, and what you can expect to make, but how exactly do you open a bar , and what are the steps?

Bar 370

Bar License Email Marketing Customer Service 370

Restaurant365

APRIL 1, 2020

For a restaurant, your operating cash flow expenses include everything you need to be in business, such as the cost of your food and drink inventory, payroll, utilities, insurance, and rent, as well as expenses like interest on a loan or payments on equipment. If you are a franchise business, you will have required upgrades.

Cash Management 128

Cash Management Management Management Point of Sale 128

The Restaurant Group

MARCH 11, 2024

But restaurant finances are notoriously complex, with so many types of expenses to manage: Dining and kitchen supplies Commercial real estate Utilities Maintenance Insurance Marketing Payroll And more Restaurant budgeting can be head-scratching and very time-consuming. Every restaurant must aim to spend low and earn high.

Management 78

Management Management Cash Management Insurance 78

Aaron Allen & Associates

FEBRUARY 4, 2020

In some cases, this can help to optimize resources and shift risks (pensions, labor unions, taxes, insurance, administrative burden) if you pay enough to keep mercenaries. Marco’s Pizza separated the franchising department into a new company (Marco’s Franchised Services). and Hardee’s headquarters into a smaller one in 2016.

2020 98

2020 Franchising Franchise 2018 98

Modern Restaurant Management

MARCH 11, 2020

. "Understanding that cash flow is a major issue for most independent restaurateurs we removed that obstacle by allowing our customers to get started from just $249 rather than the tens or hundreds of thousands it costs to launch most restaurants or buy a franchise." " The TWO HENS monthly license fee is $249.

Bar 386

Bar Cash Management Loyalty Program Point of Sale 386

Modern Restaurant Management

JULY 27, 2020

In this edition of MRM News Bites, we feature sobering statistics from Yelp, a ghost kitchen franchise model, franchise explosions expected and falling for for an improved PSL. Ghost Kitchen Franchise Model. After signing a franchise agreement, owners are operational on the platform within 10 days. Yelp Sees COVID Effect.

Franchise 443

Franchise Franchising Mobile Ordering Kitchen Safety 443

The Restaurant Times

NOVEMBER 25, 2021

Whether you own an elite fine dining establishment or a fast-food franchise, you’ve probably experienced the challenges of finding and retaining a strong restaurant staff. . The long-term benefits of providing health insurance outweigh the drawbacks, but getting past the initial obstacles is the difficult part.

Healthcare 52

Healthcare Insurance Front of House Back of House 52

Indoor Media

SEPTEMBER 14, 2017

Many restaurants, auto repair shops, real estate agents, lawyers, salons, insurance agents, car washes, and other small businesses attract most of their customers from a relatively small trade area. Would you trust a real estate agent based 20 miles away over someone who lives in your neighborhood?

Advertising 78

Advertising Coupons Small Business Insurance 78

BNG Point of Sale

AUGUST 12, 2021

Benefits of Franchise Operation and Restaurant Chains in the Hospitality Industry . If you plan to run multiple franchise chains or are a hospitality provider with multiple locations, you benefit from this same profit per restaurant. As a result, franchise owners and hospitality restaurant owners can become quite wealthy. .

Franchising 52

Franchising Franchise Point of Sale Food Truck 52

Modern Restaurant Management

AUGUST 5, 2020

ECJ’s Food, Beverage and Hospitality Department attorneys advise food and beverage clients, startups and other businesses on a comprehensive range of issues, including employment, trade secrets, partnership disputes, contract negotiations, intellectual property, licensing and franchise disputes. Velazquez (real estate), Peter S.

Food Safety 527

Food Safety Mobile Ordering Online Ordering Kitchen Safety 527

BNG Point of Sale

AUGUST 27, 2021

With reduced profit margins, it can be tough to stay afloat, let alone branch out into other ventures and live up to your end of the bargain when franchising. It is not easy running a restaurant. How To Improve Restaurant Profit Margins .

Point of Sale 52

Point of Sale Customer Service Social Media Online Ordering 52

Apicbase

JANUARY 28, 2025

Employer National Insurance Contributions (NICs ): Employer NIC rates will rise from 13.8% Franchising or licensing lets you grow your business without taking on all the running costs. That said, running a franchise is completely different from running a restaurant. per hour for workers aged 21 and older.

2024 52

2024 Waste Inventory Hospitality 52

Modern Restaurant Management

NOVEMBER 1, 2019

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. " Macaluso hired Cypress to insure a consistent and disciplined approach to the process. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com.

Franchise 216

Franchise Franchising Fast Casual Point of Sale 216

Modern Restaurant Management

MARCH 16, 2020

Global insurance brokerage Hub International , is responding tonumerous inquiries asking for more guidance through the Coronavirus crisis. Insurance coverages that may apply and how you need to approach the claims process. .” On Tuesday, March 17 , Roslyn Stone, MPH, COO of Zero Hour Health and Founder of Zedic.

Food Safety 585

Food Safety Kitchen Safety Small Business Employee Relations 585

Modern Restaurant Management

MAY 14, 2021

On Monday, May 17, Applebee’s will host a National Hiring Day event at franchise and company-operated restaurants nationwide. Through this hiring initiative, Applebee’s and its franchise partners aim to welcome 10,000 new team members. . They have the demand from customers, but not enough employees.

Hiring 423

Hiring Employee Relations Recruiting Education 423

Apicbase

JUNE 16, 2023

Overhead Rate Overhead expenses are the indirect costs a restaurant incurs, such as operational expenses like rent, utilities, taxes, administrative staff salaries, insurance, licences, and permits. Together with gross profit, net profit margin is also an important franchise restaurant performance metric.

Point of Sale 52

Point of Sale Inventory Waste Employee Relations 52