Society Insurance

OCTOBER 26, 2022

Odds are you understand why your auto insurance premium changes: as you age and become a less risky driver, your insurer is exposed to less risk, and your rates drop as a result. Below, we’ll explore some common drivers of restaurant insurance costs. Reinsurance, to put it simply, is insurance for insurers.

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Insurance Supplies 2021 Pricing 52

Modern Restaurant Management

MAY 18, 2022

The key to success in this process is viewing the trends and national data through the prism of a restaurant operator. Benchmarking is very tricky for restaurant operators and we recommend caution with its use. percent in 2022, down from 7.0%. In 2021, the difference was 0 percent and for 2022, it is forecast to be only 3.4

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Insurance 2022 2023 Technology 212

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?

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2022 Insurance Small Business Reference 52

Modern Restaurant Management

APRIL 13, 2022

As the impact of the pandemic continues, restaurants face constant and evolving operational challenges. At the end of 2021, four out of five restaurants reported facing a staffing shortage due to reduced operating hours and dining capacity. POS technology can help with labor shortages, supply chain concerns and customer experience.

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POS Food Supply Mobile Ordering Point of Sale 215

Modern Restaurant Management

NOVEMBER 24, 2021

Even as COVID-19 has gotten under more control, restaurant operators are still struggling with the impact it has had on the industry and on their businesses. In fact, according to the National Restaurant Association, 95% of operators said their restaurant has experienced supply chain delays or shortages in recent months. Food Shortage.

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2021 Food Supply Food Truck Supplies 189

Modern Restaurant Management

NOVEMBER 16, 2022

Restaurants are still suffering from a labor shortage – according to the National Restaurant Association , as of September 2022 “eating and drinking places [were] still 560,000 jobs (or 4.5%) below their pre-pandemic staffing levels – tops among all U.S. industries.”

Retail 223

Retail Hiring Recruiting Insurance 223

7 Shifts

DECEMBER 13, 2021

As we look to hire new team members and keep existing ones, restaurant operators have to ask them what they're looking for—because what we thought it was clearly hasn't been enough to keep restaurant employees around. And what can operators do more (or less) of to make hospitality into a long-term and viable career? Closing Thoughts.

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Employee Relations Communication Hospitality 2022 370

7 Shifts

SEPTEMBER 19, 2022

They offer work-life balance, flexible schedules, useful benefits, and operate on strong core values. What about managers? Track and manage employee workload. For restaurant employees added in the past year (August 2021-August 2022), the average employee tenure is just 110 days —a little over three months.

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Front of House Back of House Cash Management Customer Experience 195

Open for Business

MARCH 1, 2023

The labor market has shown signs of improvement, but most restaurant operators are still looking for restaurant staff. There were an average of 500,000 more job openings than new hires in the hospitality sector per month between October 2021 and March 2022. The gap between supply and demand continued.

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2023 Insurance Front of House Hiring 78

The Restaurant Times

AUGUST 5, 2022

But how can you retain employees, and if you can’t retain them, how do you hire new ones in 2022? Any restaurant’s success depends heavily on its operational aspects. Only when you have optimized your daily operations with qualified employees will you be able to serve outstanding meals and increase your clientele.

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Hiring 2022 Recruiting Employee Relations 52

Modern Restaurant Management

JANUARY 28, 2020

Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. restaurant delivery revenues are expected to reach nearly $80 Billion by 2022 and digital ordering and delivery has grown 300 percent faster than dine-in traffic since 2014.

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Delivery Consumer Goods Online Ordering Customer Service 213

7 Shifts

NOVEMBER 18, 2022

More tip management resources. Recommended Reading: Ultimate Restaurant Payroll Guide For Owners + Operators. FICA, or the Federal Insurance Contributions Act , refers to the Social Security and Medicare taxes deducted from each paycheck. As of 2022, 43 states plus the District of Columbia and Puerto Rico allow tip credits.

Cash Management 195

Cash Management Restaurant Law Back of House Customer Service 195

Restaurant365

MARCH 26, 2020

These employee provisions in the bill are welcome relief for restaurant businesses that have been struggling with the decision to either close their doors altogether or possibly operate at a loss in a limited capacity in order to ensure their employees were paid. What the bill provides for restaurant operators. Deferred payroll taxes.

Small Business 147

Small Business Download Document Online Ordering 147

Touch Bistro

AUGUST 11, 2021

hour, restaurant operators are starting to think about how they will adjust their businesses to a $15 restaurant minimum wage. Planned increase on January 1, 2022. Planned increase on January 1, 2022. hour for businesses with 26 or more employees on January 1, 2022. Planned increase on January 1, 2022. Alaska: $10.34/hour.

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2021 Restaurant Law 2022 Seasonal Menu 98

Modern Restaurant Management

JANUARY 28, 2024

The annual Data Privacy Day on January 28 and Data Privacy Week on January 21-27 this year (with 2022 marking the first occurrence) is a national effort by the National Cybersecurity Alliance to empower individuals and businesses to respect privacy, safeguard data and enable trust. Notify your insurance agent or carrier.

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Loyalty Program Small Business Insurance Restaurant Law 100

Hot Schedules

MARCH 31, 2020

Providing Alternatives to Closure and Layoffs The CARES Act gives employers the following options and benefits, which may allow them to stay open and keep more people employed: Small businesses may be eligible for emergency grants of up to $10,000 to cover immediate operating costs. Impact on Unemployment Insurance.

Website Management 120

Website Management Employee Relations Insurance Small Business 120

EATER

AUGUST 24, 2022

Luna started on the enchilada line at Amy’s San Jose plant in December 2021, and then became a machine operator in the pizza department after four months. Multiple workers say they attempted to speak to managers about the supervisor’s behavior. She liked the work and her coworkers, and it felt like a steady job.

Kitchen Safety 145

Kitchen Safety Employee Relations Food Safety 2022 145

Restaurant365

MARCH 26, 2020

These employee provisions in the bill are welcome relief for restaurant businesses that have been struggling with the decision to either close their doors altogether or possibly operate at a loss in a limited capacity in order to ensure their employees were paid. What the bill provides for restaurant operators. Deferred payroll taxes.

Small Business 78

Small Business Download Document Online Ordering 78

EATER

JUNE 22, 2023

Those aren’t exactly sexy subjects, but they are very real for actual restaurant owners, and The Bear manages to play them both for laughs in a way that actually succeeds. By the end of Episode 7, Richie is reading Will Guidara’s book on service and well on his way to becoming a proper general manager. He even wears suits now!

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Fine Dining Seasonal Menu Cash Management Dine-in 98

Modern Restaurant Management

JULY 14, 2023

Restaurant insurance is complicated. Just as owners have to play many roles in management, marketing, and menus, their insurance has to protect their finances, patrons, and employees. And who has the time to read a 100-page insurance policy? These are often excluded from standard policies and be potentially costly.

Insurance 88

Insurance Food Safety Employee Relations Small Business 88

Apicbase

AUGUST 17, 2022

For example, a high number of businesses still use outdated and unsupported operating systems. This means that you can worry less about managing security yourself. Between 2022 and 2029, the market will grow more than twice its size (reaching heights of 320 billion ). Get Cybersecurity Insurance. Are they up to date?

Email Marketing 52

Email Marketing Insurance Small Business Customer Service 52

EATER

AUGUST 16, 2023

At the end of 2022, I shut down Proteau, the nonalcoholic drinks company I started. My COO stayed on, unpaid but on the company’s health insurance plan for another year, while we had to let the brand ambassador go in the middle of the summer of 2020. And what is problem-solving but managing success and failure at the exact same time?

Point of Sale 98

Point of Sale Front of House Back of House Online Ordering 98

The Restaurant Times

JANUARY 11, 2023

According to National Restaurant Association statistics, the US boasts of around one million restaurant locations with nearly 15 million working employees, all set to generate sales worth $898 billion in 2022. . You will also need insurance and must maintain certain standards to pass regular health inspections. Arm’s Length Investment.

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License Restaurant Law Point of Sale Employee Relations 52

Modern Restaurant Management

SEPTEMBER 23, 2021

Like veritably all businesses in the post pandemic era, those operating in the restaurant, café, food truck or other type of F&B franchise space are experiencing a wave of major change—as is the franchising trade at large. ” Perhaps anything less than what St. percent and contribute a total of $780 billion to the U.S.

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Franchise Franchising Front of House Food Truck 193

EATER

MAY 4, 2021

After a few hours of directing operations, setting up meetings, and making fundraiser phone calls, she heads to Silver Lake to oversee the construction on her next restaurant, Gogo’s Tacos. Valles accepted and worked there full-time raising funds, managing construction, and selecting vendors for the restaurant.

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Cash Management 2013 Insurance Food Order 94

Restaurant365

MARCH 26, 2020

These employee provisions in the bill are welcome relief for restaurant businesses that have been struggling with the decision to either close their doors altogether or possibly operate at a loss in a limited capacity in order to ensure their employees were paid. What the bill provides for restaurant operators. Deferred payroll taxes.

Small Business 60

Small Business Download Document Online Ordering 60

The Restaurant Group

SEPTEMBER 16, 2020

The COVID-19 restaurant trends seen now will likely continue well into 2021 and perhaps even 2022. Whatever the reason, likely a combination of these, it is unlikely that this shift will reverse before 2022. Now more than ever, health insurance is essential to employees’ wellbeing. Restaurant Industry Trends.

Online Ordering 148

Online Ordering Delivery Point of Sale Customer Service 148

Modern Restaurant Management

APRIL 6, 2023

billion in 2022 to over $16.9 The start of spring this month also signals the start of flood season – the natural disasters that account for 90 percent of all natural disaster damage, according to the American Red Cross. Additionally, annual costs to repair or replace damaged buildings could grow by roughly 25 percent from $13.5

2022 189

2022 Hiring Design Bar 189

Perfect Daily Grind

NOVEMBER 18, 2022

The event will feature a number of renowned coffee professionals such as founder of Mayorga Coffee, Martin Mayorga, 2017 World Barista Champion, Dale Harris, Chief Operating Officer at Ally Coffee, Ricardo Pereira, and Vice President of Trading Commodities at StoneX, Albert Scalla. points at 2022 Cup of Excellence Brazil.

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2022 Franchise Franchising Point of Sale 122

Modern Restaurant Management

MARCH 11, 2020

US Foods Holding Corp.entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management, Inc. After closing, Smart Foodservice will operate as a separate operating unit within US Foods, with minimal integration required.

Bar 154

Bar Cash Management Loyalty Program Point of Sale 154

Modern Restaurant Management

APRIL 30, 2021

Nair, a partner at Ervin Cohen & Jessup LLP compiles recent legal news affecting the restaurant, food and beverage and hospitality industries for Modern Restaurant Management (MRM) magazine. PST/12 pm EST. Restaurant operators may register through the SBA’s RRF portal beginning on Friday, April 30 at 6 a.m. Legislation.

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2021 Allergens Restaurant Law Employee Relations 181

EATER

AUGUST 22, 2022

A formally trained creative writer — she earned a bachelor’s degree from Columbia College in Chicago in 2005 and an MFA from the School of the Art Institute of Chicago in May 2022 — Regan used menus to corral the details of a chaotic early life into submission before she published an actual book. “I

Fine Dining 103

Fine Dining 2012 Reference Social Media 103

Modern Restaurant Management

FEBRUARY 26, 2021

Nair, a partner at Ervin Cohen & Jessup LLP compiles recent legal news affecting the restaurant, food and beverage and hospitality industries for Modern Restaurant Management (MRM) magazine. These include multidistrict federal litigation in Chicago by a group of restaurants against Society Insurance. Legislation.

2021 161

2021 Food Safety Insurance Uniforms 161