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Post-Pandemic Insurance Liability Considerations All Restaurant Owners Should Be Aware Of

Modern Restaurant Management

Many restaurants turned to their insurance policies to provide protection for revenue reimbursement, (i.e., insurance proceeds for loss of revenue), but found the majority of insurance policies, unfortunately, did not / do not provide the coverage they anticipated. How Insurance Policies React.

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Restaurant Owners Win Business Interruption Insurance Claims

Restaurant Engine

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. ” .

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Emerging Trends in Restaurant Benefits

Modern Restaurant Management

This is a blend of medical inflation (the year over year cost of an x-ray), utilization (the number of x-rays that are performed), and government cost shifting (mandated benefits and restricted reimbursement by Medicaid and Medicare). In 2021, smaller plans that are often fully insured (fewer than 500 participants) saw a 9.6-percent

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How Restaurateurs Benefit From the U.S CARES Act

7 Shifts

The main benefit of the CARES act is to provide: Financial relief for small businesses Corporate tax provisions, and Expanded unemployment and benefits coverage to employees In this article, we’ll dive into the specifics of the CARES Act and how it impacts (and benefits) restaurateurs and their teams. Who qualifies?

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How To Start a Landscaping Business: Step-by-Step Guide

Sling

In this article, we’ll discuss the three general stages of starting a business — learning, building, and working — and the specific steps within those stages that can help you get organized on the road to starting your own landscaping business. At first glance, learning how to start a landscaping business may seem like a daunting task.

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The Ultimate Guide to Getting a Restaurant Business Loan

7 Shifts

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. The Small Business Administration (SBA) is a division of the United States federal government. This means the bank is partially "insured" in case somebody is unable to repay them.

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Restaurant Leases In the Time of Quarantine – What are the Obligations Now?

Modern Restaurant Management

This article will present some ideas to consider in that evaluation. The terms force majeure and “Acts of God” appear frequently in articles, newsletters and other publications as more and more businesses are looking for ways to freeze performance under their lease or perhaps, terminate the lease altogether.