Modern Restaurant Management

AUGUST 6, 2021

With restaurants clawing back and facing new challenges like vaccine credentials and new COVID variants, it’s a good time to check on an equally important, if less prioritized corner of the American dining and drinking sector – restaurant insurance. ” Key Insurance Issues for Restaurant Owners. Vaccine mandates.

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Modern Restaurant Management

APRIL 21, 2020

In addition, most restaurants should have business interruption insurance, and that insurance may provide some relief from economic pain. Business interruption insurance covers the loss of income that a business suffers after a disaster. Gather Your Complete Insurance Policy. ” That’s just not true.

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Insurance Government Document Restaurant Law 217

Modern Restaurant Management

JUNE 23, 2021

But now as the cloud of COVID is starting to lift and things are going back to normal, it’s important to assess whether those things are actually covered on a restaurateur’s insurance plan. Reviewing current sales can help restaurant owners better reflect numbers to date, which can save them some money on their insurance.

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Insurance Bar Hiring Customer Service 165

7 Shifts

JUNE 23, 2020

Auto insurance. Get car insurance You must establish who is liable in the event of an accident. Drivers must have auto insurance in order to drive their vehicles, thus you must lay-out in the contract if you will be paying for any damages while on the job. Auto is in quality shape. Valid driver's license. Clean driving record.

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FOH Delivery Insurance Back of House 370

Modern Restaurant Management

JULY 15, 2022

The most important thing new owners should know about insurance coverage is that it’s a vital part of running their business. However, having proper insurance coverage is a huge part of protecting the business, and the ownership, in the case of an accident or incident. Getting insurance coverage is not just a box to check.

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Culinary Cues

MARCH 19, 2020

Keep in mind that everything will change as we eventually claw our way out of this crisis. Set aside the need to focus on degrees and push for training in fields that will need a better-prepared workforce in the coming few years. [] There are, and there will be even more Americans who are nutritionally disadvantaged.

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Insurance Government Training Small Business 437

7 Shifts

SEPTEMBER 9, 2024

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. For instance, a job listing for a line cook might state, “$17 per hour, health insurance, paid sick days, and employee meals included.”

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2024 Social Media Insurance Leadership 335

Modern Restaurant Management

MAY 1, 2023

That's why it's essential for restaurants to consider cyber liability insurance. Protecting your Restaurant with Cyber Liability Insurance Cyber liability insurance is a type of insurance that helps protect businesses from the financial losses associated with cyber attacks.

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Insurance Email Marketing Employee Relations Customer Experience 203

7 Shifts

MAY 10, 2021

One creative benefit that Cummings has come across is pet insurance. Pet insurance is a little thing that so many people in the industry are deciding if they have enough money, $300 to spend to get their dog dewormed or for them to go on a yearly checkup and they're choosing their pets over themselves.

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Hiring Back of House Tip Distribution Insurance 370

Modern Restaurant Management

OCTOBER 19, 2023

What may be overlooked within it are risk and insurance issues. Many franchisors have dedicated staff in charge of maintaining the FDD, although tech solutions are increasingly available, offering efficient, integrated and customizable tools for managing insurance and compliance requirements. And there’s a lot of value to that.

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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.

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Bar Insurance Employee Relations Certification 193

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.

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Culinary Cues

SEPTEMBER 30, 2024

During an election year there is always a focus on what both parties call: “kitchen table issues” – the cost of groceries, mortgage, insurance, child-care, energy, and education, and how much is left for disposable income to be spent on the things we would like to do vs. what we have to do. This is not a place where restaurants want to live.

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Pricing Marketing Insurance Seasonal Menu 321

7 Shifts

MAY 17, 2022

“Benefits” is a term that usually covers the basics—a 401k and health insurance. Younger generations may have health insurance from parents or guardians. Instead of offering blanket benefits like health insurance and a 401k, look to your team and your core values to come up with tailor-made benefits.

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Insurance Leadership Customer Experience Sports 370

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.

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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.

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Insurance Restaurant Law Point of Sale Training 212

Modern Restaurant Management

JULY 16, 2021

In this changing environment, the right and adequate amount of insurance protection has never been more important. There’s a price for the unrelenting barrage of natural disasters, and it’s making excess liability insurance hard to find above standard liability limits.

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Management Management Insurance Kitchen Safety 189

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%

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2021 Tip Distribution Restaurant Law Insurance 370

7 Shifts

APRIL 7, 2021

In some cases, the employer will also educate employees on outside resources like life insurance, homeowners insurance, and even home warranty services. The first area covered in the orientation is usually human resources, payroll, and other common compliance information that need to be completed.

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Training Food Safety Customer Experience Insurance 370

Modern Restaurant Management

NOVEMBER 16, 2021

On a basic level, stop loss insurance provides protection against catastrophic or unpredictable losses. A basic rule of insurance is that over time, the less insurance purchased will result in a lower cost. Stop Loss Coverage Is Risk Management. a lower deductible).

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Insurance Cash Management Healthcare Innovation 201

Modern Restaurant Management

JUNE 14, 2022

Longer term savings opportunities will take a concerted effort, and these are areas for review: Self-insured versus fully insured : Plans with more than 150 employee participants are likely strong candidates for self-insurance; and those between 100 and150 employees may also find self-insurance attractive.

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Insurance 2022 2023 Article 183

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.

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Insurance Kitchen Safety Small Business Food Safety 100

7 Shifts

AUGUST 9, 2024

But as the restaurant industry evolves, employees demand the benefits of the traditional 9-to-5 job, such as health insurance, paid sick days, vacation, retirement accounts, and more. Take Action Cover the basics first: Start by ensuring your employees can access essential benefits such as health insurance and retirement plans.

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Insurance Download 2024 Take-out 195

Modern Restaurant Management

NOVEMBER 14, 2022

Odds are you understand why your auto insurance premium changes. As you age and become a less risky driver, your insurer is exposed to less risk, and your rates drop as a result. Below, we’ll explore some common drivers of bar insurance costs. Reinsurance, to put it simply, is insurance for insurers.

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Insurance Supplies 2020 Events 202

Modern Restaurant Management

JUNE 9, 2021

Based on the above, owners and employers that choose to require a vaccine should understand how their approach could impact their workers’ comp insurance liability. Many states also have individual guidelines as to what is covered under workers’ comp insurance for adverse reactions to voluntary vaccinations.

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Employee Relations Management Management Insurance 212

TastyIgniter

OCTOBER 19, 2024

Discover essential insurance options for restaurant businesses, including Business Owners Policies, general liability, property insurance, and more. Protect your restaurant from unforeseen risks and ensure continuous operation with the right insurance coverages tailored to your unique needs.

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Insurance Operations 85

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.

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Bar Insurance Restaurant Law Point of Sale 180

Sante

JANUARY 4, 2024

Doctors, dentists, lawyers, hairdressers, personal trainers, insurance agents, and a plethora of other product and service providers figured it out Continue Reading The post RESTAURANTS CREATING THE FEEL OF MEMBERSHIP appeared first on Santé Magazine.

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Insurance Magazine Management Management 250

Modern Restaurant Management

NOVEMBER 17, 2020

It’s a lawsuit under Part B of workers’ compensation insurance – a claim of “willful neglect” that has been rare until this year. It might be smart, for example, to add workers’ compensation as an underlying policy to your umbrella/excess insurance at limits that are appropriate for the circumstances.

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Insurance Employee Relations Food Safety Document 208

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. Obtain Liquor Liability Insurance It is highly advisable to purchase liquor liability insurance if you operate a business that sells alcohol.

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Bar Insurance Restaurant Law Point of Sale 180

Modern Restaurant Management

OCTOBER 3, 2024

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. These fires caused 3,790 civilian fire deaths and 13,250 reported civilian fire injuries.

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2024 Kitchen Safety Insurance Equipment 180

7 Shifts

APRIL 23, 2021

Benefits like health insurance, pet insurance, or retirement plans. You have to stand out, clear and proud. Qualities that may help set your restaurant apart could be: Competitive wages compared to others in your area. Paid vacation and sick days. Low employee turnover rate. Seasonal employees that are eager to return.

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Hiring Front of House Back of House Food Safety 370

Modern Restaurant Management

NOVEMBER 17, 2023

Liquor Liability Insurance protects a small business that manufactures, sells or serves alcohol. Without Liquor Liability Insurance, owners of restaurants that serve alcohol could end up footing the bill for damages made by a drunk customer. Promote ridesharing apps as a convenient way for patrons to get to and from your bar.

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Insurance Restaurant Law License Small Business 203

Culinary Cues

FEBRUARY 28, 2021

Now this doesn’t happen overnight – it is a process that takes time, but it starts with the small stuff. It is your job to SWEAT THE SMALL STUFF.

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Uniforms Fine Dining Small Business Customer Service 450

7 Shifts

AUGUST 2, 2024

This metric helps you measure the amount spent on labor, particularly salaries, worker benefits, insurance, overtime, and payroll taxes. Overhead rate The overhead rate is a metric in restaurant accounting that includes various operational expenses such as utilities , rent, administrative costs, insurance, license, and depreciation.

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Point of Sale Inventory Seasonal Menu Cash Management 397

Modern Restaurant Management

JANUARY 2, 2024

– Justin Price, Vice President, Business Development, ScanSource POS & Payments Only when weather events subside will finding insurance carriers to write property insurance be easy. I am concerned that rising insurance costs may force some chains to exit the market. Golden Corral is one.

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2024 Fast Casual Food Safety Insurance 197

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?

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Employee Relations Insurance Healthcare Restaurant Law 197