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Traditional sit-down restaurants and mobile food businesses have uniquely different needs when it comes to insurance. While there is some overlap in coverage needs, it’s important to understand the differences when it comes to insuring your business. Traditional Sit-Down Restaurant Insurance Needs. Property Insurance.
. – Amy Chen, COO, UPSIDE Foods License Plate Recognition (LPR) is already playing a vital role in business security infrastructure. Currently, License Plate Recognition is used to improve safety at drive-thrus by monitoring license plates and reporting incident disputes in case of investigations.
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.
Health insurance, retirement plans (401(k)), paid time off (PTO) (vacation, sick leave, holiday pay), workers compensation, and meal discounts Training and onboarding. Spotify, ASCAP/BMI licensing fees), and special events. Think of your lease, insurance, and licenses. Overtime: Extra pay to employees (usually 1.5
Buying into a franchise can be a good option because it provides support and brand recognition. Sorting Out Paperwork and Licensing Below is a breakdown of the licenses and documentation you'll need: Business license : The cost of registering your business will vary by state and includes a registration and filing fee.
Moralejo’s prior experience spans over two decades, leading global teams in various operations, franchise development and legal leadership roles at Burger King. Licensed restaurants go from producing existing menus to also offering new items – based on ingredients they already stock.
The Virtual Restaurant Accelerator™ developed by Virtual Restaurant Consulting (VRC), solves this problem by offering a license for a TWO HENS delivery-only location. The TWO HENS license includes a complete package of 'done-for-you' services: Creation of a custom website and social media pages. . "On
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.
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.
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.
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.
Caribou Coffee opens its first domestic franchise location in the US. The new store in Wooster, Ohio is the first of several planned franchise locations. The Filipino fast food chain says it terminated its franchise agreements to focus on larger business operations. Wed, 9 Nov – Jollibee Foods Corp.
But much of that is officially licensed — surely fans get more creative? The chef mumbled something about pet insurance, and they began discussing daily life minutiae. Not usually. The food writer Tejal Rao, for example, was so taken with the anime Yuri on Ice that she recreated the main character’s favorite dish , a pork katsudon.
ease liquor license requirements, and authorize open container entertainment zones. Jan-Pro Franchising Int'l, Inc. According to the University of Pennsylvania, more than 80 percent of rulings on pandemic-related business interruption cases have granted motions by insurance companies to dismiss the cases.
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