Restaurant Engine

JULY 5, 2020

Most insurance companies have denied claims from restaurant owners resulting from the COVID-19 pandemic. Business owners counterclaim they are entitled to benefits in Business Interruption Insurance policies that protect against lost income after a covered peril affects a policyowner. A third victory arrived when the U.S.

Insurance 122

Insurance Events Small Business Government 122

The Restaurant Times

JUNE 21, 2021

This is particularly true for small restaurant businesses. Moving forward, we will be entering an entirely new world for all businesses. But perhaps the most obviously affected ones are small businesses. Now more than ever, it is vital that we focus on how to future-proof small businesses.

Small Business 98

Small Business Management Management Insurance 98

Modern Restaurant Management

NOVEMBER 17, 2023

Liquor Liability Insurance protects a small business that manufactures, sells or serves alcohol. Small business owners are protected from claims that occur when a customer drinks too much and injures himself or someone else. Promote ridesharing apps as a convenient way for patrons to get to and from your bar.

Insurance 196

Insurance Restaurant Law License Small Business 196

Sling

AUGUST 21, 2021

If your business depends on distinct projects for its livelihood, job costing is an essential step in keeping your bottom line in the black. Deciding what to charge for a product, project, or service is key to the overall success of your business. But what is job costing, and why is it so important? Why Is Job Costing Important?

Small Business 78

Small Business Insurance Inventory Take-out 78

Ken Burgin

FEBRUARY 21, 2019

This inundated the town, and whole shopping centres and business areas are closed – some will never re-open. But aren’t they insured? The reality is that the level of insurance that could cover this type of flood risk is too expensive for most small operators, even if it is available.

Small Business 60

Small Business Insurance 2011 Article 60

The Restaurant Times

SEPTEMBER 19, 2021

Time has never been better to open your food truck, and the most critical business step is investing in insurance. However, if you don’t have the correct insurance, your food truck might cost you thousands of dollars or perhaps your business in jeopardy in time of a mishap. . Food Truck Insurance Cost .

Food Truck 52

Food Truck Insurance Food Transportation 52

Modern Restaurant Management

JULY 28, 2020

Businesses that benefited from PPP loans were required to meet the “necessity certification” requirement and consider alternative sources of liquidity, while also taking into account “affiliated” businesses, prior to submitting a loan application. Many of them received it in the form of PPP loans.

Insurance 128

Insurance Certification Audits Small Business 128

Hospitality Insurance Group

OCTOBER 27, 2018

Insuring The Liquor Business. Title: President and CEO, Hospitality Insurance Group. For the last three decades, Richard Welch has held a variety of roles in the insurance industry in Massachusetts and Connecticut. It then expanded its model and now sells to a variety of different kinds of insurance in other states.

Insurance 60

Insurance License Restaurant Law Travel 60

7 Shifts

MAY 23, 2024

The restaurant business is one of the most competitive industries, and this shows in the fact that only 20% of restaurants succeed in the market. Your restaurant expenses may vary depending on various factors, such as the equipment you use, your business location, the size of your operation, and whether you own or rent your commercial space.

Point of Sale 221

Point of Sale Seasonal Menu Food Supply Cash Management 221

Goliath Consulting

JANUARY 14, 2021

Restaurants and Small Businesses may now apply for a second PPP Loan beginning January 13, 2021, thanks to the latest COVID-19 pandemic relief bill approved in late December which authorizes up to $284.5 billion for eligible businesses. There will also be increased assistance for accommodation and food services businesses.

Small Business 78

Small Business Document Insurance Employee Relations 78

Modern Restaurant Management

DECEMBER 21, 2023

In the hospitality industry, the last thing you want is a phone call from the alarm company at an early morning hour about a fire, break-in or other disaster at your business. Taking proactive measures and having plans in place will allow your business to react quickly to help minimize the impact of an emergency.

2024 183

2024 Kitchen Safety Cash Management Insurance 183

Modern Restaurant Management

JUNE 9, 2021

While our team is extremely excited about seeing each other in person, as a business owner, it‘s my responsibility to ensure we’re being safe, following appropriate CDC guidelines, and making the best decisions to protect our employees.

Employee Relations 209

Employee Relations Insurance Management Management 209

360Training

AUGUST 22, 2018

Running a small business is no small feat. A small business owner has many hats to wear, and they can be overwhelming. According the Bureau of Labor Statistics, 50% of small businesses don’t make it past the fifth year. Small business employees must multi-task, and that makes them all the more valued.

Small Business 117

Small Business Training Education Customer Service 117

Culinary Cues

MARCH 19, 2020

There is no question that the restaurant industry, one of the largest employers in the country, an industry that is important for the nutrition, mental, emotional and spiritual wellbeing of the population, and a business that has become an integral part of the American lifestyle, is in need of help.

Insurance 424

Insurance Government Training Small Business 424

Society Insurance

DECEMBER 13, 2022

When we experience a special event in our lives, we try to memorialize every second of it, because the small details make a big difference. A slip and fall incident at your establishment is by no means worth celebrating, and you may in fact hope to forget it quickly, but that doesn’t mean the small details don’t make a big difference.

Insurance 98

Insurance Small Business Document Equipment 98

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 120

Insurance Employee Relations Reference Small Business 120

The Food Corridor

SEPTEMBER 14, 2020

From a customer getting sick from a foodborne illness, or an unexpected fire or theft, to loss of income through a fridge or freezer failure, risk is part of the business. The way to mitigate the risk is to take out a robust insurance policy. You might be waiting days or weeks wondering if they’re going to get back to you.

Insurance 52

Insurance Food Truck Food Catering 52

7 Shifts

MAY 18, 2023

Every department and all the operations around those departments need to work together seamlessly to ensure the smooth running of the business. You know how it is with small businesses. 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

Modern Restaurant Management

SEPTEMBER 29, 2023

” 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. Take a hard look at your systems and procedures and make changes as necessary to ensure your staff, customers and business stay safe.

Bar 181

Bar Kitchen Safety Equipment Insurance 181

Culinary Cues

FEBRUARY 28, 2021

Look around you – identify the companies, businesses, or individuals whom you admire – you know, the ones that seem to win a lot and fit into that category of “successful”. Even more important – these are the companies, businesses, or individuals that seem to enjoy what they are all about. It is your job to SWEAT THE SMALL STUFF.

Uniforms 449

Uniforms Fine Dining Small Business Customer Service 449

7 Shifts

NOVEMBER 22, 2021

In this article, you'll learn how to get a business loan for your restaurant so you can make your dream of starting or growing your restaurant a reality. Create a Restaurant Business Plan. Getting Your Restaurant Business Loan. Before you Begin: Create a Restaurant Business Plan. Getting Your Restaurant Business Loan.

Document 393

Document Cash Management Small Business Take-out 393

Modern Restaurant Management

NOVEMBER 16, 2021

This issue impacts employers in all business sectors; however, for employers in the restaurant business, making sure your risk is placed appropriately becomes even more complicated. On a basic level, stop loss insurance provides protection against catastrophic or unpredictable losses. Stop Loss Coverage Is Risk Management.

Insurance 189

Insurance Cash Management Healthcare Innovation 189

7 Shifts

MAY 26, 2021

President Biden recently prolonged the PPP loan deadline to May 31, 2021 , giving small businesses a few additional weeks to submit their applications. These SBA loans have the potential for complete forgiveness, which essentially means the Small Business Administration (SBA) is giving your business a tax-free grant—aka, free money.

2021 195

2021 Cash Management Document Employee Relations 195

Restaurant365

JANUARY 5, 2021

Mercifully, it contains some help for restaurant businesses hurt by the pandemic, with the inclusion of funding for a second round of forgivable loans through the Paycheck Protection Program (PPP) for small businesses experiencing significant revenue losses. PPP improvements relevant to restaurant businesses.

Insurance 148

Insurance Small Business Employee Relations 2021 148

Modern Restaurant Management

OCTOBER 3, 2022

An internal study with Society Insurance policyholders who experienced fires found that the majority of fires were due to cooking equipment, costing in excess of $5.4 Take a hard look at your systems and procedures and make changes as necessary to ensure your staff, customers and business stay safe. million over a three-year period.

Kitchen Safety 208

Kitchen Safety Equipment Insurance Restaurant Law 208

Society Insurance

OCTOBER 19, 2022

One of the ways the insurance industry mitigates the negative effects of inflation is through what’s commonly referred to as inflation guard. Inflation Guard is the automatic annual increase in property values on an insurance policy to help keep up with rising costs of construction. What Is Inflation Guard? What Is Coinsurance?

2022 52

2022 Insurance Small Business Reference 52

7 Shifts

MAY 2, 2023

Along with her partner, Félix Meana, Button took a microscope to the structure of her business and how her team got paid. But first, Katie shared with us her unique path through the restaurant business. "I But the changes she's made for her business are for good. "I And that just really didn't feel right."

Front of House 195

Front of House Back of House Insurance Seasonal Menu 195

7 Shifts

JULY 21, 2020

Shelter-in-place orders, social distancing, and business closures make it next to impossible to generate pre-coronavirus revenue numbers. From small business loans to microgrants to business credit cards, cash is available; it just takes a bit of application work and a little know-how. And no money means mo' problems.

Cash Management 300

Cash Management Government Small Business Healthcare 300

Modern Restaurant Management

JANUARY 20, 2021

However, data breaches can happen to restaurant chains and small eateries alike. Nearly half of cyber-attacks target small businesses and 60 percent of small companies who experience a significant attack go out of business. “Please reply within five business days”). Consult local authorities.

Insurance 186

Insurance Loyalty Program Small Business Mobile Ordering 186

Modern Restaurant Management

MARCH 18, 2020

.” The Association proposed three separate categories of protection for industry restaurants and employees: directed/targeted financial relief; loans/insurance options for impacted small businesses; and tax measures. Assistance in allowing businesses to defer mortgage, lease and loan obligations.

Insurance 149

Insurance Employee Relations 2002 2001 149

Hot Schedules

APRIL 29, 2021

Fourth stands with our customers, and you can show your support too through this small gesture of solidarity. Read More Where Business Meets Technology There are many interpretations and different materials about the responsibilities of Product Owners in software companies. Follow Us on Social Media. Related Posts.

Employee Relations 148

Employee Relations Small Business Social Media Insurance 148

7 Shifts

MAY 1, 2024

Bookkeeping is one of the most essential aspects of any restaurant business. After all, a small, honest mistake can accumulate over time and turn into bigger operational problems— 17% of restaurants even fail in their first year due to mismanagement of finances. If that isn’t possible, then go for alternatives.

Cash Management 221

Cash Management Inventory Employee Relations Beverage 221

Modern Restaurant Management

SEPTEMBER 30, 2021

Society Insurance has been working alongside restaurant owners for more than a century, seeing first-hand the devastating effects a fire can have on the establishments that make communities great. Take a hard look at your systems and procedures and make changes as necessary to ensure your staff, customers and business stay safe.

Kitchen Safety 173

Kitchen Safety Insurance Equipment 2012 173

Modern Restaurant Management

NOVEMBER 9, 2021

You might initially think that your restaurant or small business wouldn’t be the target of such an attack, but think again. Counting the true costs of ransomware attacks, consider that it also includes the halt of business operations. Many times, insurance claims are also being denied.

Insurance 197

Insurance Small Business 2020 Operations 197

Modern Restaurant Management

JANUARY 28, 2024

However, data breaches can happen to restaurant chains and small eateries alike. Nearly half of cyber-attacks target small businesses and 60% of small companies go out of business after experiencing a significant attack. “Please reply within five business days”). Sooner is always better.

Loyalty Program 98

Loyalty Program Small Business Insurance Restaurant Law 98

Buzztime Business

JUNE 2, 2023

Ask the business to offer Father’s Day promotions like a $5 coupon. Hello, repeat business! Include house-made bacon brittle , offers from nearby businesses, and a branded item like a pint glass or even golf tees sporting your logo. That’s where prize indemnity insurance comes in. Think again.

Bar 147

Bar Social Media Insurance Sports 147

Society Insurance

JANUARY 4, 2023

Society Insurance is committed to providing weekly blog posts to help business owners optimize daily operations and minimize risk. Here are the most popular blogs that have helped business owners just like you! What to Do if Someone Falls in Your Business. Top 10 Most Popular Posts of 2022. We welcome feedback from all.

2022 98

2022 Insurance Leadership Social Media 98