Modern Restaurant Management

MAY 18, 2022

In 2021, smaller plans that are often fully insured (fewer than 500 participants) saw a 9.6-percent Voluntary supplemental insurance plans, accident, critical illness, and hospital indemnity for example, remain popular in the restaurant sector. With the rise in the general inflation rate, will it be this low? percent rate of increase.

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. COVID-19 has thrown our way of living into treacherous and unchartered waters.

Government 383

Government Insurance Cash Management Hotels 383

Modern Restaurant Management

NOVEMBER 16, 2023

Lack of health insurance isn’t considered one of the major reasons the hospitality industry has, according to the U.S. One of the major ways to invest in employees is through health insurance, something only about 30 percent of restaurants provide. Bureau of Labor Statistics, a churn rate north of 70 percent.

Insurance 309

Insurance Employee Relations Reference Small Business 309

ChowNow

MARCH 27, 2025

To conduct menu pricing profitably, you need to factor in the behind-the-scenes costs that keep your doors openthat includes rent, utilities, insurance, labor, cleaning supplies, linen, and everything in between. Competitive pricing is helpful as a reference , not a roadmap. But thats only part of the picture.

Pricing 195

Pricing Menu Point of Sale Customer Experience 195

Modern Restaurant Management

SEPTEMBER 13, 2024

Create an Incident Report When an accident occurs, ask the customer to complete a written incident report and provide it to your insurance company immediately. This will enable you to protect your interests and establish the facts surrounding the incident for future reference—and do so before memories invariably fade.

Insurance 378

Insurance Small Business Customer Service Equipment 378

ChowNow

AUGUST 30, 2023

Please reference this step by step video on how to resolve the DUNS error. Please reference this step by step video on how to resolve the DUNS error I don’t know if I have a DUNs number: You can search here to see if you need to create a DUNs number or if you already have one set up!

Mobile Ordering 369

Mobile Ordering Document Certification Website Management 369

Modern Restaurant Management

MARCH 25, 2020

A force majeure clause, which typically includes a reference to “Acts of God,” is one that permits a party to a contract to be relieved from performing under that contract during a time when, due to some event outside of its reasonable control, the party’s ability to perform is impeded, hindered or prevented.

Restaurant Law 337

Restaurant Law Insurance Events Government 337

EATER

MAY 3, 2021

Estefanía, who asked to be referred to by her first name because she is an undocumented worker, said she got COVID-19 in June and took two weeks off to recover and quarantine. After he aged out of his parents’ health insurance, the subsidized insurance his work offered him was around $500 a month — which he could hardly afford with his wages.

Back of House 363

Back of House Cash Management Kitchen Safety Insurance 363

Modern Restaurant Management

APRIL 23, 2024

Employee rights Refer to your state’s employee rights and make sure to go over them in this section. The links provided are a convenience and for informational purposes only; they do not constitute legal advice or an endorsement or approval by Society Insurance of any of the statements, or opinions, or content of the organization.

Insurance 251

Insurance Restaurant Law Definition Brewery 251

Modern Restaurant Management

MARCH 30, 2023

The FICA Tip credit (FICA stands for Federal Insurance Contributions Act) is a federal income tax credit that was enacted to offer financial relief to businesses in the food service industry that has employees who receive part of their wages through tips given by customers.

2007 447

2007 Beverage Insurance Government 447

Culinary Cues

FEBRUARY 28, 2021

The Japanese would refer to them as companies focused on “Kaisen” (a pursuit of constant improvement). Look deeply into these businesses and the people who own and operate them and you will see an unrelenting effort towards achieving excellence in design, product quality, efficiency, value, and service.

Uniforms 450

Uniforms Fine Dining Small Business Customer Service 450

7 Shifts

AUGUST 2, 2024

Below are some key restaurant metrics you should be tracking for your restaurant: Cost of goods sold (COGS) The cost of goods sold refers to the amount it costs to produce an item on your menu. Table turnover rate The table turnover rate refers to the number of times you have served new customers at the same table.

Point of Sale 397

Point of Sale Inventory Seasonal Menu Cash Management 397

Modern Restaurant Management

MARCH 20, 2020

Unforeseeable circumstances— sometimes referred to as ‘force majeure’ or ‘acts of god’— have a way of complicating business. Landlords also have large expenses, such as property insurance and mortgages, that they need to make monthly payments on; they rely on collecting rent from to make those payments.

Insurance 517

Insurance Reference Sustainability Operations 517

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. This can also be referred to as operating costs. Think of your lease, insurance, and licenses. Overtime: Extra pay to employees (usually 1.5 Occupancy costs.

Point of Sale 88

Point of Sale License Insurance POS 88

Modern Restaurant Management

JUNE 17, 2020

These small business loans, which are referred to as “paycheck protection loans” are guaranteed by the federal government through December 31, 2020 and provide for loan forgiveness under certain criteria. [2]

Employee Relations 493

Employee Relations Food Safety Small Business Government 493

7 Shifts

APRIL 23, 2021

Benefits like health insurance, pet insurance, or retirement plans. Many restaurant workers have friends in the industry that they can refer to you. 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.

Hiring 370

Hiring Front of House Back of House Food Safety 370

Modern Restaurant Management

DECEMBER 10, 2019

You can also refer to this guide to learn more about managing cash flow. You can safeguard your business by maintaining a contingency fund and by paying for insurance. When there is no proper plan or strategy in place for handling cash flow shortage, a cash flow crisis occurs.

Cash Management 312

Cash Management Seasonal Menu Social Media Small Business 312

7 Shifts

AUGUST 27, 2020

Not to be mistaken for your staff training manual , your systems and procedures section should primarily focus on references and answers rather than training and instructions, so everyone can quickly refer back to this handbook. Then you don’t have to peer over their shoulders waiting for them to hit a wrong button.

Employee Relations 370

Employee Relations Hiring Document Food Safety 370

Goliath Consulting

APRIL 28, 2020

It also means you’d have to hire, train and pay new staff for this job including paying for insurance and vehicle expenses. Reference: [link]. Goliath Consulting Group is actively involved in the Foodservice Consultants Society International and is an allied partner of the Georgia Restaurant Association.

Delivery 269

Delivery Food Back of House Franchise 269

Modern Restaurant Management

JANUARY 31, 2025

Strong consumer interest in prepared foods, commissary and beverage options has led convenience stores, often referred to as c-stores, to compete much more aggressively with quick service restaurants and fast-food chains. An analysis of insurance claims processed in 2024 compared to 2023 shows a 4.4 percent decrease in claims.

Marketing 221

Marketing Loyalty Program 2025 2024 221

7 Shifts

APRIL 1, 2020

If you need a therapist, see what your health insurance covers, look up providers, and inquire about their availability for virtual sessions. The next time you’re feeling blue, refer to this well-being checklist to make sure you’re doing all that you can to keep your mind, body, and soul in tip top shape throughout this pandemic.

Social Media 366

Social Media Outdoor Take-out Download 366

Modern Restaurant Management

NOVEMBER 26, 2019

History books often reference a military battle tactic known as scorched earth, when one side would burn down all infrastructure and resources as they retreated in order to prevent the advancing side from using them. History was my favorite subject in school and is still one of my favorite subjects to read. ” ABC Test.

2019 268

2019 Employee Relations Restaurant Law Food Order 268

7 Shifts

AUGUST 23, 2023

Plus, organized record keeping makes compliance easier, ensuring you can quickly reference documents for law and tax purposes. 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. What are the requirements to use Tip Payouts?

Tip Distribution 195

Tip Distribution Cash Management Restaurant Law Insurance 195

Goliath Consulting

FEBRUARY 16, 2019

Restaurants are continuing to embrace what many refer to as the “local food movement.” Another continuing trend…competition for quality real estate and high insurance/real estate prices. References: [link]. These “natural remedies” are expected to improve the bottom line for those in the Food Service industry as well.

2019 150

2019 Fast Casual Social Media Customer Service 150

EATER

JUNE 5, 2020

“Where possible, DoorDash will remain open should you choose to dash, and we plan to remove any impact to your Acceptance Rate, Completion Rate, Customer Rating that results from this unique situation,” it reads, referring to metrics that it uses as accountability measures for drivers. Dashers need to maintain a customer rating of 4.2

Restaurant Law 242

Restaurant Law Food Safety Employee Relations Delivery 242

7 Shifts

AUGUST 7, 2024

This is commonly referred to as a percentage. Here's a breakdown: Fixed costs include rent, mortgage, salaries, loan payments, license fees, and insurance premiums. Food cost is the ratio between the cost of a restaurant's ingredients and the total revenue those ingredients generate for the restaurant.

Food 370

Food Seasonal Menu Inventory Pricing 370

Open for Business

AUGUST 10, 2023

Here’s some of the info to include in a restaurant job description: Your restaurant’s concept Your style of service Job duties Schedule requirements Starting wage Any benefits (health insurance, paid time off) Don’t forget to ask candidates to provide three professional references in your job description.

Hiring 167

Hiring Recruiting Reference Website Management 167

7 Shifts

APRIL 30, 2021

This is generally by working with your insurance company, attorney, and a CPA. Legal and other matters referred to in this article are based on 7shifts' interpretation of laws existing at the time and should not be relied on in place of professional legal advice. It can range from suspension to termination, if necessary.

Restaurant Law 370

Restaurant Law White Paper Cash Management Small Business 370

Restaurant365

JANUARY 5, 2021

The Act also redefines payroll costs to specifically include group insurance payments made on group life, disability, vision and dental insurance. Enables PPP borrowers to include additional group insurance payments when calculating PPP payroll costs. PPP improvements relevant to restaurant businesses.

Insurance 148

Insurance Small Business Employee Relations 2021 148

7 Shifts

MAY 23, 2024

You can also use this to keep track of other costs, such as insurance, license fees, repairs and maintenance, and the actual costs you incurred for a better and closer comparison. Your fixed costs, for instance, stay almost the same monthly and yearly, like your insurance and rent/lease payments. What is forecasting in a restaurant?

Point of Sale 221

Point of Sale Seasonal Menu Food Supply Cash Management 221

Hot Schedules

JANUARY 25, 2021

If you’re an employee, you don’t have to worry about these since they are the full responsibility of your employer, and you won’t even see any reference to them on your pay stub. Because of Covid-19, there were an unprecedented number of state unemployment insurance claims over the last year. What is SUTA? According to the U.S.

2021 148

2021 Insurance Employee Relations 2020 148

EATER

APRIL 30, 2024

In Khon Kaen, a neighboring city, chefs Paisarn Cheewinsiriwat and Kanyarat Thanomsang have found their own riches at Kaen , a reference to the city and to Paisarn’s parents’ timber business (“kaen” means “wood”). She named her restaurant Mok , a reference to the farmer’s dish mok, but also to mok’s other meaning in Thai: “hidden.” “If

Seasonal Menu 300

Seasonal Menu Agriculture Food Order Take-out 300

7 Shifts

MARCH 16, 2022

For instance, you might offer a $250 bonus to an employee who refers a new hire, so long as both employees stay for three months after the new hire starts. Unfortunately, just 31% of restaurants offer health insurance — which was a huge reason for the employee exodus restaurants saw throughout the pandemic. It's a win-win-win.

Front of House 370

Front of House Back of House Communication Customer Service 370

7 Shifts

JUNE 4, 2021

To get your restaurant's break-even point, you'll need the following: Total fixed costs, like rent, salaries, and insurance. Customer retention refers to a restaurant's ability to retain or keep, the existing customers that it has. How to calculate your break-even point. Total sales , from your POS.

Point of Sale 416

Point of Sale Inventory Employee Relations Customer Service 416

7 Shifts

MAY 1, 2024

On the other hand, non-current assets (also referred to as long-term assets) are those that cannot be readily converted to cash. Here’s how you can do it: Cost of goods sold (COGS) The Cost of Goods Sold refers to the costs directly associated with preparing and serving the items on your restaurant menu.

Cash Management 221

Cash Management Inventory Employee Relations Beverage 221

Restaurant365

JUNE 4, 2020

The 8-week (56-day) forgiveness period is referred to as the “Covered Period.” Restaurants determine whether or not they had a headcount reduction by comparing the average number of full-time equivalent (FTEs) during the covered period to the average number of FTEs during the selected reference period.

Blog 142

Blog Employee Relations Restaurant Law 2020 142

EATER

JUNE 24, 2021

billion last November; after the acquisition, Whitehead had to re-onboard and quickly ran into issues: his legal deadname (a name given at birth), which is currently still listed on his license and insurance, didn’t match the chosen name already connected to his personal Uber account. Uber Eats bought Postmates for $2.65

License 246

License Food Safety Delivery Insurance 246