Remove Hospitality Remove Insurance Remove Operations Remove Recruiting
article thumbnail

Staying on Top of FDD Requirements for Risk and Insurance

Modern Restaurant Management

Even experienced operators know that navigating the compliance requirements laid out by each state’s franchise registration rules isn’t easy. What may be overlooked within it are risk and insurance issues. Risk and insurance should be top on the list. Franchisees must specify the franchisor as an additional insured.

Insurance 100
article thumbnail

Prepared to Win the War on Talent? Four Trends for Restaurant Operators to Consider in 2022

Modern Restaurant Management

Despite external pressures on talent, ample opportunity exists for restaurant operators to prepare for a year of constant change. With 2021 nearly wrapped up, restaurant operators across the country are looking to the New Year with cautious optimism. For leaders in the restaurant and hospitality industry, now is the time to adapt.

2022 197
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Despite Improved 2024 Outlook, Labor, and Other Risks May Drag Restaurants Down

Modern Restaurant Management

Stubbornly high interest rates also keep operators squeezed by the cost of money, both long-term debt and revolving credit lines. Another growing risk: nuclear verdicts over dram shop law violations, driving up the costs of liquor liability insurance. One of the impacts will be on employment practices liability insurance in 2024.

2024 117
article thumbnail

NCR Reveals 2022 Hospitality Trends and Predictions

Modern Restaurant Management

Restaurant operators once again find themselves refocusing priorities and altering their plans for 2022. While sales are trending higher, the National Restaurant Association reports three in four operators say recruitment and retention is their toughest challenge. Rely on Technology to Increase Operational Efficiency.

2022 189
article thumbnail

How to hire the best staff for your restaurant

Open for Business

Finding staff for a restaurant can be a big challenge in the hospitality industry. Here’s how to hire great employees, with tips for recruiting and retaining staff for a restaurant. On the other hand, a 100-seat operation will need many more employees to make things run smoothly. What roles do you need to fill?

Hiring 167
article thumbnail

2023 Reflections: The Year That Was in Restaurants, Part Three

Modern Restaurant Management

From the seasoned craft beverage consumer to the newest consumers in the hospitality environment, the favorability toward “fresh,” “local,” and “locally sourced ingredients” is still a profit-driver you don’t want to give up.

2023 123
article thumbnail

MRM Research Roundup: Labor Struggles, Holiday Habits, and Food Truck Trends

Modern Restaurant Management

Staff retention struggles However, recruitment issues aren’t the only factor contributing to staff shortages. To avoid hiring shortcomings, Expert Market recommends business owners focus on implementing effective recruitment strategies. Managing operational costs and profitability (56 percent) 2. percent in 2018.