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2021 Restaurant Insurance Outlook

Modern Restaurant Management

restaurant industry has a loaded plate as 2021 picks up steam – especially from an insurance and financial protection point of view. “The prospects for fine dining and sit-down restaurants are going to remain strained for all of 2021,” said Doug Groves, founder at Program Insurance Group, in College Station, Tex.

Insurance 212
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How Business Insurance Could Save Your Restaurant from COVID-19

Modern Restaurant Management

In March 2020, restaurateurs across the country have had to shutter their businesses in some cases literally overnight. Some of our Washington and Oregon hospitality clients shut down early, while others waited for a government order; some shut down entirely, while some have tried to stay afloat by moving to to-go and delivery only.

Insurance 217
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July/August 2020 Legal Update

Modern Restaurant Management

DC Circuit Upholds NLRB Actions Against Tyson Subsidiary : On July 24, the Court of Appeals for the District of Columbia agreed with the National Labor Relations Board that AdvancePierre Foods, Inc, a wholly owned subsidiary of Tyson Foods, committed unfair labor practices regarding the unionization of employees. Legislation.

2020 164
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How to Set Up Online Ordering for Restaurants

7 Shifts

The easiest way to get your food out there is by partnering with a third-party delivery app. But when it’s so dead simple to get listed on third-party delivery marketplaces and take orders, why do all the other work to create your own system when you are a time-strapped restaurateur? It will still cost you to run your own delivery.

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What’s Next with Paycheck Protection Program (PPP) for Restaurants?

Modern Restaurant Management

The Small Business Administration (SBA) and US Treasury department’s PPP loan forgiveness application was released on May 15, 2020 ( Forgiveness Application ). The much-awaited guidance does little to address the unique challenges afflicting the restaurant industry. Covered Period. Reductions in Average Full-Time Equivalency.

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National Restaurant Association: We Need Help!

Modern Restaurant Management

” 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. Loans/Insurance Options for Impacted Small Businesses.

Insurance 172
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Viable Restaurant Strategies for Handling the Third-Party Paradox

Modern Restaurant Management

The cost of partnering with third-party food delivery services can be high, but the cost of not doing so could be even higher. Two key factors are driving the problem for restaurateurs: the first is the fact that delivery has become more than just another sales channel. Three Ways to Handle the High Costs of Delivery.

Delivery 189