Remove Equipment Remove Insurance Remove Restaurant Law
article thumbnail

How Insurance Needs Differ for Traditional Restaurants v. Mobile Food Businesses 

Modern Restaurant Management

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.

Insurance 189
article thumbnail

2022 Restaurant Insurance Update

Modern Restaurant Management

restaurant sector is gaining steam after coming out of a two-year pandemic that shuttered doors and curbed eatery revenues dramatically. According to the National Restaurant Association , the dining industry should generate $899 billion in revenues in 2022. What are the big insurance issues impacting restaurants going forward?

Insurance 208
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

The Complete Checklist For Selling Your Restaurant In 2024: Pre-Sale, Sale & Post-Sale

7 Shifts

Selling a restaurant can be a major decision for many reasons. One of the main reasons is to cut losses due to financial challenges, with 52% of restaurant owners saying high operating and food costs are really cutting into their profits. If restaurants in your area sell at a multiple of 2.5

2024 195
article thumbnail

How To Attract Restaurant Employees In 2024: 10 Proven Techniques

7 Shifts

over the past decade, keeping employees in restaurants has become increasingly difficult. However, attracting high-quality restaurant employees goes beyond just filling open positions. Some restaurant staff may prefer fewer hours to accommodate school or family, while others might be looking for full-time work with a steady income.

2024 195
article thumbnail

How Business Insurance Could Save Your Restaurant from COVID-19

Modern Restaurant Management

This world-altering development—part of a rational and effective public health strategy to slow the spread of disease and help our health care system cope with the devastating illness—has also been a widespread and immediate economic disaster for the nation’s restaurant and food service sector. Document Everything.

Insurance 217
article thumbnail

Ahead of Fire Prevention Week – Is Your Bar/Restaurant Safe?

Modern Restaurant Management

” 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. When it comes to your expensive equipment, don’t take shortcuts. “FIRE!”

Bar 189
article thumbnail

Best Practices for Handling a Data Breach

Modern Restaurant Management

What can restaurant operators learn from this experience? What makes restaurant chain breaches unique compared to other industries? Modern Restaurant Management (MRM) magazine reached out to Matt Green , partner and Deputy Chair of Obermayer’s Litigation Department, for insights on this topic. Are there any similar cases?