Modern Restaurant Management

AUGUST 10, 2020

Less revenue for businesses and income for individuals means less tax dollars for federal and state governments. Given the budget deficits faced by federal and state governments, taxing authorities are likely to begin encountering increased pressure to collect more revenue. On July 13, the U.S. States are facing similar problems.

Audits 180

Audits Government Point of Sale Cash Management 180

Modern Restaurant Management

OCTOBER 16, 2020

As the surviving restaurants reopen and attempt to regain solid financial footing, many will look to their business insurance policies to try to recoup the income they lost. The virus or bacteria exclusion is a common exclusion added by many insurers after the global SARS outbreak in 2006. In Henry’s Louisiana Grill, Inc.

Insurance 145

Insurance Serving 2006 Sustainability 145

Modern Restaurant Management

DECEMBER 23, 2021

Ahead of New Year’s Eve celebrations, Society Insurance, which provides coverage to the hospitality industry, has put together the top four tips on how a restaurant can protect themselves, their patrons and their employees as well as create a safer environment on Dec. Obtain Liquor Liability Insurance. 31 and beyond.

Insurance 212

Insurance Restaurant Law Point of Sale Training 212

7 Shifts

DECEMBER 4, 2020

Health insurance plan opt-in forms. Federal Insurance Contributions Act (FICA) taxes : Employees and employers split paying into Social Security and Medicare. Deductions for benefits like health insurance, 401(k), dental, vision, etc. Direct deposit information such as a bank routing number and account number. Withhold 6.2%

2021 370

2021 Tip Distribution Restaurant Law Insurance 370

Modern Restaurant Management

JULY 28, 2020

Consider PPP loan insurance to cover damages, legal fees and fines if the SBA determines that your business was ineligible for the loan. ” Get to Know PPP Loan Insurance. To obtain PPP loan insurance, applicants must submit: Analysis of how the affiliation rules apply to the business.

Insurance 161

Insurance Certification Audits Small Business 161

Modern Restaurant Management

NOVEMBER 17, 2020

McDonald’s is among the growing number of employers to be hit with a lawsuit by a group of Chicago employees claiming the company failed to meet expert recommendations and government guidance for on-the-job protections against COVID-19. Take a hard look at your workers’ compensation strategy. Claims management counts.

Insurance 208

Insurance Employee Relations Food Safety Document 208

Modern Restaurant Management

MARCH 18, 2020

As the National Restaurant Association is anticipating sales to decline by $225 billion during the next three months and prompt the loss of between five and seven million jobs, the organization urged the federal government to take aggressive action now to rescue the restaurant industry, the nation’s second largest employer.

Insurance 172

Insurance Employee Relations 2002 2001 172

7 Shifts

APRIL 23, 2021

Unemployment benefits—augmented by federal government support—are providing security that restaurants have not been able to over the past year. Benefits like health insurance, pet insurance, or retirement plans. Many workers are not returning due to personal safety concerns, and many have left the industry altogether.

Hiring 370

Hiring Front of House Back of House Food Safety 370

Modern Restaurant Management

MAY 25, 2021

In general, the pandemic has changed leasing structures to address the inability of restaurants, bars, and nightclubs to conduct business in the event of government regulations that prohibit or limit the ability of the tenant to conduct business. Overall, commercial lease negotiations will see an overhaul on business interruption provisions.

Hospitality 189

Hospitality Insurance Online Ordering Government 189

Modern Restaurant Management

JANUARY 2, 2024

In the context of 2024, we anticipate the cultivated meat industry expanding its horizons by forging more meaningful partnerships with a diverse array of stakeholders, such as governments, large industrial and agricultural players, NGOs, academia, and investors. General liability claims are not likely to fade any time soon, either.

2024 197

2024 Fast Casual Food Safety Insurance 197

Modern Restaurant Management

JULY 15, 2020

However, restaurants seeking to capitalize on this new technology must navigate the aviation and privacy laws governing commercial drone operations. However, restaurants seeking to capitalize on this new technology must navigate the aviation and privacy laws governing commercial drone operations. The first is a waiver of Part 107.31

Delivery 193

Delivery Restaurant Law Food Safety Insurance 193

Modern Restaurant Management

MARCH 9, 2023

Society Insurance, which provides coverage to the hospitality industry, has put together four tips on how restaurants and bars can help create a safer environment on St. Understand Your State’s Dram Laws Laws regarding the sale and consumption of alcohol are not established by the federal government.

Bar 180

Bar Insurance Restaurant Law Point of Sale 180

7 Shifts

NOVEMBER 22, 2021

The Small Business Administration (SBA) is a division of the United States federal government. This means the bank is partially "insured" in case somebody is unable to repay them. As such, SBA loans are generally favorable to restaurateurs. What is an SBA Loan? The SBA seeks to assist and support American entrepreneurs.

Document 393

Document Cash Management Small Business Take-out 393

Modern Restaurant Management

SEPTEMBER 6, 2022

Ahead of this year’s football season, the team at Society Insurance has put together the top four tips on how a restaurant and/or bar can protect themselves, their patrons and their employees as well as create a safer environment for football season and beyond. Obtain Liquor Liability Insurance. Eventually conflict can happen.

Bar 180

Bar Insurance Restaurant Law Point of Sale 180

Modern Restaurant Management

MAY 8, 2020

In most parts of the country, the answer is often dictated, in part, by government restrictions. Insurance : Restaurants should contact their insurance carriers and brokers to see how the changes in the restaurant or procedures may impact coverage. By no means are the answers to these questions straightforward.

Restaurant Law 224

Restaurant Law Employee Relations Insurance Equipment 224

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

JULY 9, 2020

For many, the next logical step in this situation has been to file a claim with their insurance company. During an occurrence as rare as a pandemic, it is encouraged to file a claim with your insurance company, no matter the exclusions that may be outlined in your business’ policy. Track Your Financial Losses.

Insurance 171

Insurance Small Business Government Take-out 171

Modern Restaurant Management

MAY 18, 2022

This is a blend of medical inflation (the year over year cost of an x-ray), utilization (the number of x-rays that are performed), and government cost shifting (mandated benefits and restricted reimbursement by Medicaid and Medicare). In 2021, smaller plans that are often fully insured (fewer than 500 participants) saw a 9.6-percent

Insurance 212

Insurance 2022 2023 Technology 212

7 Shifts

AUGUST 23, 2023

7shifts is also FDIC-insured , so you can feel confident knowing your deposits are backed by the full faith and credit of the United States Government. We have placed limits to ensure your management team does not exceed a maximum transfer amount. You'll also be able to control which team members have permission to send payments.

Tip Distribution 195

Tip Distribution Cash Management Restaurant Law Insurance 195

7 Shifts

MAY 18, 2023

Employees are typically subject to more oversight and are entitled to benefits like minimum wage, overtime pay, and workers' compensation insurance. On the other hand, independent contractors have more freedom and control over their work but are responsible for their own taxes and insurance.

Restaurant Law 195

Restaurant Law Insurance Audits Cash Management 195

7 Shifts

AUGUST 27, 2020

Including a COVID-19 section along with health and safety resources in your restaurant employee handbook will help your team be prepared for any future outbreaks.

Employee Relations 370

Employee Relations Hiring Document Food Safety 370

7 Shifts

APRIL 6, 2020

Any business who is not a state or local government entity Must be an employer in businesses during 2020 and have had partial or full suspension of business activity Or have experienced less than a 50% reduction in gross receipts when comparing Q1 of 2020 to Q1 of 2019 How do I apply? This can also cover the value of health plan benefits.

Small Business 341

Small Business 2020 Insurance Article 341

Modern Restaurant Management

JANUARY 5, 2021

Modifications made to help insure the in-person experience is as safe as possible should be an expectation, not a goal. So, what can brands do to address the impacts of COVID-19, while being mindful of the past, present and future of customer experience?

Customer Experience 223

Customer Experience Customer Service Airlines Consumer Goods 223

Modern Restaurant Management

JULY 6, 2020

If you’re fortunate enough not to have been on the receiving end of a civil or administrative complaint from an employee or a government employment agency, you may not realize just how deep the downside risk can be in employment disputes or just how high the stakes are for non-compliance.

Restaurant Law 193

Restaurant Law Document Insurance Hiring 193

Modern Restaurant Management

JULY 27, 2023

According to a 2021 estimate by the Federal Deposit Insurance Corporation (FDIC), there are 4.5 Many cards don’t allow ‘portability’ — accepting payments from sources other than their primary employer (second employer, government benefits, tax refunds, etc.)

Cash Management 162

Cash Management Insurance Customer Service Government 162

EATER

NOVEMBER 11, 2020

Where is the conscience of this government, of this social system to support people? You can’t let people go without health insurance. It was, I believe, between $12,000 to $14,000 a month in benefits for each restaurant that we decided to keep paying our employees’ insurance. You can’t let people go without health insurance.

Cash Management 145

Cash Management Insurance Point of Sale Back of House 145

Modern Restaurant Management

NOVEMBER 24, 2021

Looking ahead : According to Nasdaq , food processors and government agencies are taking steps to prevent many of these issues from occurring in the New Year. These include sign-on bonuses, higher wages and the offering of health insurance. Food Shortage.

2021 189

2021 Food Supply Food Truck Supplies 189

Modern Restaurant Management

JUNE 17, 2020

However, unless and until it is formally sanctioned either by the local or state government and put forth as a service fee for the additional sanitation, such a surcharge may be viewed as an unacceptable expense to pass along to customers during these difficult financial times.

Employee Relations 197

Employee Relations Food Safety Small Business Government 197

7 Shifts

MAY 15, 2023

Health insurance plan opt-in forms. Federal Insurance Contributions Act (FICA) taxes: FICA is the tax levied on employers to pay Social Security and Medicare. Deductions for benefits like health insurance, 401(k), dental, vision, etc. Direct deposit information such as a bank routing number and account number. Withhold 6.2%

2023 195

2023 Tip Distribution Audits Restaurant Law 195

Cheetah

MAY 17, 2021

Whatever your stance on government, that has got to be a record. We know that government paperwork isn’t everyone’s cup-of-tea. Applications opened on May 3 rd 2021 and $2.7 Billion in financial support have already been distributed to over 21,000 restaurants within the first week alone. Who Manages the Restaurant Revitalization Fund?

Webinar 143

Webinar Point of Sale Small Business Food Truck 143

7 Shifts

AUGUST 18, 2024

Another option is to look into government programs that might offer financial assistance for small businesses. Setting up an LLC requires filing paperwork with your state government and drafting an operating agreement that outlines the LLC's rules and regulations. For example, do you have to buy insurance?

Bar 370

Bar License Email Marketing Customer Service 370

Modern Restaurant Management

APRIL 27, 2020

Will the loan be forgivable if the proceeds are used to pay franchise fees, property taxes, or insurance? The FFCRA requires employers to provide sick leave of up to 80 hours to employees who become sick with COVID-19, are home caring for family members with COVID-19 or are under a government quarantine.

Healthcare 216

Healthcare Restaurant Law Document Insurance 216

Sling

DECEMBER 3, 2021

That said, there are several standard payroll reports required by local, state, and federal governments that every business manager needs to understand. Every three months, the IRS (and most state governments) requires that you submit certain payroll reports. Overtime hours. Attendance. Absenteeism. Time theft. Local Payroll Reports.

Management 146

Management Management Tip Distribution Employee Relations 146

Restaurant365

JUNE 2, 2020

However, calculating, distributing, and double-checking restaurant payroll for your employees is complex, and any errors and non-compliance with government mandates can result in costly fines or taxes for your business. Federal laws govern everything from employment tax to how to report total tip income earned. The first is a 12.4%

Tip Distribution 109

Tip Distribution Restaurant Law Front of House Cash Management 109

Modern Restaurant Management

FEBRUARY 27, 2020

i.e. selecting health insurance plans and pension plans. Over hiring : Where one requests changes in staffing levels to accomplish tasks or by setting minimal hiring standards such as those required by government regulations. When an entity does exercise direct and immediate control : Over wages : Actually determines wage rates/salary.

Employee Relations 183

Employee Relations Hiring Government Definition 183

7 Shifts

JULY 13, 2023

Reliable digital payment platforms have built-in security features that protect against fraud and unauthorized access, as well as FDIC-insurance so funds are backed by the full faith and credit of the United States Government. Digital payments also eliminate the risk of theft and misplaced cash from storing it in-house.

Cash Management 195

Cash Management Back of House Training Management 195

Modern Restaurant Management

MARCH 25, 2020

That landlord will expect the tenant to insure against that risk. Read Insurance Provisions. It is additionally essential that the tenant review its insurance provisions to determine if there is any coverage for interruption of business or rent insurance. Tenant can make that claim to its carrier.

Restaurant Law 134

Restaurant Law Insurance Events Government 134