Modern Restaurant Management

MAY 16, 2022

That’s up from $640 billion in 2020. With change in restaurant management so dynamic, industry experts say that now is a good time to review and even revamp restaurant insurance policies. “Along with making changes to their menu offerings and business models, many restaurateurs are also reassessing their insurance needs.”

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Insurance 2022 Food Safety Delivery 520

Modern Restaurant Management

NOVEMBER 13, 2020

Proposition 22 requires companies with independent-contractor drivers to provide specified alternative benefits, including: minimum compensation and healthcare subsidies based on engaged driving time, vehicle insurance, safety training, and sexual harassment policies. The supplemental paid sick leave benefit expires on December 31, 2020.

2020 474

2020 Restaurant Law Food Safety Food Order 474

Modern Restaurant Management

JULY 1, 2020

This report’s results are based on surveys conducted over a 12-month period from April 2019 to March 2020—the month when the first U.S. They found: 2020 started off positive for the chains, with Olive Garden topping the group at a 13.3 percent in 2020. percent during the same period in 2020. percent in 2020.

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2020 Travel Food Safety Consumer Goods 450

Modern Restaurant Management

AUGUST 31, 2020

The appellate court affirmed a trial court’s decision that the restaurant had failed to prove that it suffered a direct physical loss of or damage to its property during the policy period, and thus the insurance company did not have to provide coverage. USDA Previews 2020-2025 Dietary Guidelines : The U.S. Legislation.

2020 410

2020 Restaurant Law Agriculture Compost 410

Modern Restaurant Management

FEBRUARY 3, 2021

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.

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Insurance 2021 Restaurant Law Fine Dining 531

Modern Restaurant Management

MAY 20, 2020

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. 75 Percent Payroll Threshold.

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Employee Relations 2020 Back of House Small Business 482

7 Shifts

JUNE 23, 2020

With COVID-19 shutting down businesses worldwide in 2020, restaurants were forced to shut down their dining rooms and pivot to off-site dining only—takeout and delivery. In fact, between February and March of 2020, there was a 400% increase in delivery driver roles created in 7shifts. Auto insurance. Auto is in quality shape.

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FOH Delivery Insurance Back of House 370

Modern Restaurant Management

APRIL 13, 2022

Additionally, many restaurants are expanding to include traditional benefits such as health insurance and retirement savings plans. billion combined revenue from April to September 2020, more than twice as much as their combined revenue in 2019. For reference, the top four U.S. food delivery companies brought in roughly $5.5

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POS Food Supply Mobile Ordering Point of Sale 539

Modern Restaurant Management

DECEMBER 27, 2023

Another growing risk: nuclear verdicts over dram shop law violations, driving up the costs of liquor liability insurance. Quick service, fast casual and bars and taverns have exceeded where they were in February 2020. One of the impacts will be on employment practices liability insurance in 2024. Here’s an overview.

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2024 Insurance Recruiting Restaurant Law 294

Modern Restaurant Management

MARCH 3, 2022

In 2020, 110,000 restaurants and bars in the United States closed permanently, according to the National Restaurant Association. Each year, insurers pay out $2.5 Recovery Mode Post-Pandemic Lockdowns. The COVID-19 pandemic has made life even more challenging for restaurateurs. billion for water damage claims.

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Food Food Safety Customer Service Customer Experience 530

Modern Restaurant Management

MARCH 24, 2021

In fact, prior to 2020 , customers indicated a strong preference for deliveries being handled by the restaurants themselves. Vehicles, drivers, fuel costs, insurance, payment methods, dedicated prep staff, packaging, storage, tracking, and communication all present challenges. Unite to Build Your Own Scale.

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Delivery Customer Service Point of Sale Customer Experience 473

Modern Restaurant Management

DECEMBER 19, 2019

Expect a collision of trends to mark the restaurant industry in 2020 as ambitious operators in today’s increasingly marijuana friendly environment test both legal limits and consumer appetites by looking to launch cannabis cafes that serve farm-to-table … everything. Good People are Still Hard to Find.

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2020 Insurance Restaurant Law Tourism 267

Modern Restaurant Management

AUGUST 6, 2021

ahead of the February, 2020 pre-pandemic timeframe ($70.6 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. That’s 6.6%

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Insurance 2021 Guest Recovery Point of Sale 493

EATER

NOVEMBER 11, 2020

You can’t let people go without health insurance. It was, I believe, between $12,000 to $14,000 a month in benefits for each restaurant that we decided to keep paying our employees’ insurance. That’s 35 employees who were on our insurance plan, for just Kin Khao. You can’t let people go without health insurance.

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Cash Management Insurance Point of Sale Back of House 364

7 Shifts

MAY 17, 2022

On March 13, 2020, when coronavirus was declared a national emergency , &pizza immediately raised hourly wages by a dollar and guaranteed every job for 30 days. Benefits” is a term that usually covers the basics—a 401k and health insurance. Younger generations may have health insurance from parents or guardians.

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Insurance Leadership Customer Experience Sports 370

EATER

JANUARY 21, 2021

It’s probably not Uber Eats, Postmates, or Grubhub 2020 was an undeniably big year for food delivery. As of November 2020 , DoorDash had 50% of the market’s share of sales, with UberEats and Postmates at a combined 30%, Grubhub at 18%, and all the other services in the last one percent. Shutterstock.

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Delivery Customer Service Food Order Online Ordering 335

7 Shifts

APRIL 24, 2020

The outbreak of COVID-19 in early 2020, and subsequent social distancing and self-isolation protocols have wreaked havoc on restaurant workers everywhere. Contact your state’s unemployment insurance program to apply for your benefits.

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Social Media Insurance Website Management Government 352

Modern Restaurant Management

APRIL 29, 2021

According to the latest Yelp Economic Average (YEA) report, there were more new businesses openings than at any other period over the last 12 months and business reopenings are at the highest level since the second quarter of 2020. Provide great benefits, 401k, life insurance, etc. ” One way to do so: increase menu prices.

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Fast Casual Hiring Online Ordering Front of House 553

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. Loans/Insurance Options for Impacted Small Businesses. Federal Loan Program Equal to Lost Revenue.

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Insurance Employee Relations 2002 2001 432

Modern Restaurant Management

JUNE 24, 2020

Processing is free on all on-demand delivery orders through July 8, 2020—up to $50,000 in sales. Plus, Square is also waiving dispatch fees until July 1, 2020. Qwick launches Business Recovery Rate — a reduction in fees by 50 percent for all shifts posted before June 30th, covering any dates through the end of 2020.

Guest Recovery 539

Guest Recovery Kitchen Safety Mobile Ordering Food Safety 539

7 Shifts

JULY 21, 2020

Healthcare costs: group healthcare benefits, insurance premiums, etc. The CEWS covers 75% of an employees' wages (up to $847/week) retroactive to March 15, 2020. CEWS subsidies can cover wages for up to 24 weeks for periods between March 15, 2020, and August 29, 2020. times your restaurant's monthly payroll costs.

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Cash Management Government Small Business Healthcare 300

EATER

DECEMBER 16, 2021

Despite the fact that the pandemic put all of these workers in grave danger while they were offered none of the unemployment insurance benefits given other workers, the gig companies were able to use expensive and sophisticated propaganda to confuse voters. Vianne recalled using DoorDash first.

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Back of House Delivery Employee Relations Mobile Ordering 363

7 Shifts

APRIL 23, 2021

Early on in 2020, we were scrambling to figure out ways to get food to customers and how to give staff enough hours and keep them on the payroll. Benefits like health insurance, pet insurance, or retirement plans. If you're having trouble finding great people to work in your restaurant, you're not alone.

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Hiring Front of House Back of House Food Safety 370

Modern Restaurant Management

APRIL 28, 2020

All told, the World Economic Forum reports that the global economic slowdown is forecasted to cost the global economy at least $1 trillion in 2020—and that’s aside from the tragic human consequences of the COVID-19 pandemic, according to the UN’s trade and development agency, UNCTAD.

Customer Service 362

Customer Service Employee Relations Customer Experience Operations 362

Modern Restaurant Management

APRIL 21, 2020

In March 2020, restaurateurs across the country have had to shutter their businesses in some cases literally overnight. In addition, most restaurants should have business interruption insurance, and that insurance may provide some relief from economic pain. ” That’s just not true. ” That’s just not true.

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Insurance Government Document Restaurant Law 542

EATER

SEPTEMBER 11, 2024

Margins are tighter than ever as restaurants try to balance higher costs of rent and ingredients, reservation site fees and insurance premiums , and paying fair wages, all while trying to keep prices at a level customers will actually pay. Our prices have risen substantially since 2020. But our food is on the expensive side.

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Pricing Back of House Food Order Front of House 363

Restaurant365

JANUARY 5, 2021

You can apply for one of these new forgivable loans, even if you received a PPP loan in 2020. The Act also redefines payroll costs to specifically include group insurance payments made on group life, disability, vision and dental insurance. This would cover insurance plans such as vision, dental, disability and life insurance.

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Insurance Small Business Employee Relations 2021 148

EATER

MAY 31, 2023

It’s harvesting honey, centrifuging honey, bottling honey, labeling bottles, dealing with wholesalers and market managers, cash apps and banks, insurances, clients, and schools. All three of those demographics evaporated one week in March 2020 and didn’t reappear for years, so it was economically a challenging time.

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Insurance Email Marketing Cash Management 2005 246

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.

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Government Insurance Cash Management Hotels 383

Modern Restaurant Management

AUGUST 5, 2020

” Aron most recently served as the Australian CEO & Country Manager for Deliveroo from 2015 to 2020, helping grow the company into 500 cities and 13 countries during his tenure. Selvin (insurance and business interruption) and Elliot N. Other members of the new practice include: Randy S. Velazquez (real estate), Peter S.

Food Safety 527

Food Safety Mobile Ordering Online Ordering Kitchen Safety 527

EATER

AUGUST 16, 2023

In January of 2020, I flew to Los Angeles to host a launch luncheon for a dozen key journalists and beverage professionals. I went in front of the investment board the morning of March 12, 2020. That week I got my first restaurant account, Gramercy Tavern. I picked up a few more wholesale accounts. I never secured additional funding.

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Point of Sale Front of House Back of House Online Ordering 246

7 Shifts

FEBRUARY 28, 2020

Teddy insures that all the big sports games are input on 7shifts as events. Teddy is right—compliance fees are going to rack up into the millions for Californian restaurants in 2020. That way, every employees sees what game they're working when they come in, what channel it's on, and what to expect in terms of foot traffic.

Restaurant Law 259

Restaurant Law Sports Events Front of House 259

Restaurant Clicks

MARCH 4, 2020

You’ll have to hire extra staff to work as delivery drivers, and those costs may also include insurance premiums, gas compensation, and so on. . The post Best Food Delivery Services for Restaurants in 2020 appeared first on Restaurant Clicks. If you do choose to deliver through your own service, there are some costs to consider.

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Delivery 2020 Food Online Ordering 110

Aaron Allen & Associates

FEBRUARY 4, 2020

Restaurant CEO priorities are shifting in 2020, and it makes sense given how quickly the consumer and competitive landscape are shifting as well as the introduction of new forces impacting the industry. The post How Restaurant CEO Priorities are Evolving in 2020 appeared first on Aaron Allen & Associates, Global Restaurant Consultants.

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2020 Franchising Franchise 2018 98

Cheetah

MAY 17, 2021

However, breweries, wineries, tasting rooms and the like will need to submit proof that they meet the 33% minimum of onsite sales, or that they established business after Jan 1, 2020. What Can Restaurant Operators Do with the Funds? Who Can Apply? Here is a full list of who can apply.

Point of Sale 143

Point of Sale Webinar Small Business Government 143

ChowNow

MARCH 26, 2021

Online orders for food and beverage grew an incredible 93 percent between 2019 and 2020. This means that GloriaFood doesn’t actually handle payments on your behalf, so they can’t assist with chargeback disputes or provide any insurance. The Changing State of Credit Card Fraud and Chargebacks for Restaurants .

Operations 221

Operations Online Ordering Food Safety Mobile Ordering 221

Restaurant365

JUNE 4, 2020

NOTE: As of June 3, 2020, both the House and Senate have passed the Paycheck Protection Program Flexibility Act of 2020. Covered rent obligations include business rent or lease payments pursuant to lease agreements for real or personal property in force before February 15, 2020.

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Blog Employee Relations 2020 Restaurant Law 142