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Bridging the Gap: Integrating Legal and Insurance Considerations into Restaurant Cybersecurity Response

Modern Restaurant Management

Golden Corral's August 2023 network breach affected 183,000 current and former employees, with hackers accessing everything from Social Security numbers to health insurance details. Yet many restaurant operators remain underprepared when it comes to integrating legal and insurance considerations into their cybersecurity response plans.

Insurance 283
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Average Restaurant Profit Margins: What They Are And How to Improve Yours

ChowNow

In this article, youll learn: Why every operator has to monitor their restaurant profit margins Why it can be so challenging to increase your profit margins How to improve your margin numbers Lets dig into why margins, not just sales, make or break a restaurant business. Your cost of goods sold (ingredients, beverages, packaging, etc.)

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Defects in Buildings: What Restaurant Owners Need to Know

Modern Restaurant Management

This article discusses some of the warning signs to look for, and what to do if you discover a potential issue. What to Do: Contact a licensed contractor or engineer to evaluate. If you end up hiring someone to perform repairs, make sure they are licensed in your state and have adequate insurance to cover your project.

Insurance 536
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Owning a Bar: Everything You Need to Know

7 Shifts

Sorting Out Paperwork and Licensing Below is a breakdown of the licenses and documentation you'll need: Business license : The cost of registering your business will vary by state and includes a registration and filing fee. To apply for a liquor license, consult the Alcohol Beverage Control (ABC) Agency) in your state.

Bar 370
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Seven Tips to Help Prevent Pipe Bursting this Winter

Modern Restaurant Management

Immediately contact a licensed and qualified plumber to assess the situation to prevent further damage and to make necessary repairs. Contact your insurance company. This article is not a template. Society Insurance bears no responsibility for the accuracy or content of linked or cited material.

Insurance 251
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Case Study: How a Food Truck Can Open Doors to Restaurant Ownership

Modern Restaurant Management

We’ll share his answers with you in this article, along with our top reasons why a food truck makes the perfect gateway to opening a restaurant. Owning a food truck introduces you to food safety regulations, licensing, and insurance, but they all get more complicated when you own a brick and mortar restaurant.

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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. ” .

Insurance 121