Modern Restaurant Management

MARCH 31, 2020

Is the vendor’s security audited by a third-party company? For many small businesses, the cost of a successful cyber attack can be catastrophic, and for that reason, you should consider taking out cybersecurity insurance and put in a plan in place for how to respond to a hack. Does the vendor need to install hardware?

Website Management 509

Website Management Retail Small Business Online Ordering 509

Modern Restaurant Management

JULY 6, 2020

Employers often are surprised to learn their hiring and onboarding practices can result in lawsuits by applicants and unfavorable audits by government agencies. Wage and Hour Practices : Basic wage and hour laws, such as meal and rest periods, may seem straightforward, but they’re often the cause of litigation.

Restaurant Law 482

Restaurant Law Document Insurance Hiring 482

Modern Restaurant Management

JULY 1, 2020

shows that consumers feel safer when hotels and restaurants raise their cleaning protocols to include hospital-grade disinfectants and third-party audits. Check clean through periodic on-demand training, auditing and verification that procedures have been followed. For those who would choose to travel, purchasing insurance is key.

2020 450

2020 Travel Food Safety Consumer Goods 450

Harbor Touch

MARCH 18, 2025

Ive seen audits flag too-generous pay compared to industry norms. Staff pay: salaries, insurance, bonuses. Insurance: property, liability. Ask your accountant if Section 179 fits leases, too. Compensation: Balance Pay and Deductions Wages and benefits for your team are deductible. Overdo it, and the IRS might squint.

Point of Sale 138

Point of Sale POS Restaurant Law Equipment 138

7 Shifts

DECEMBER 4, 2020

Updating your payroll records in case of an audit. Health insurance plan opt-in forms. Federal Insurance Contributions Act (FICA) taxes : Employees and employers split paying into Social Security and Medicare. Deductions for benefits like health insurance, 401(k), dental, vision, etc. Forms for any other benefits plans.

2021 370

2021 Tip Distribution Restaurant Law Insurance 370

7 Shifts

MAY 15, 2023

Updating your payroll records in case of an audit. In conjunction with charge tips on checks, weekly payroll provides audit transparency regarding direct and indirectly tipped employees. Health insurance plan opt-in forms. Deductions for benefits like health insurance, 401(k), dental, vision, etc. Withhold 6.2%

2023 195

2023 Tip Distribution Audits Restaurant Law 195

7 Shifts

MAY 18, 2023

Then, out of the blue, these labor audit folks showed up, and man, did they find a heap of issues. And the audit was a pain in the neck—he had to dig out all sorts of paperwork and answer a million questions, which ate into the time he should have been spending running his place.

Restaurant Law 195

Restaurant Law Insurance Audits Cash Management 195

7 Shifts

JUNE 3, 2022

Whether they're in school, have kids, or need time for auditions, restaurant workers can live the lifestyle they want outside the traditional 9-to-5. When we think about employee benefits, health insurance and retirement (401k) are top of mind. Learn more about tip pooling and how 7shifts can help. Schedules aren't flexible.

Tip Distribution 397

Tip Distribution Email Marketing Communication Coaching 397

7 Shifts

AUGUST 18, 2024

Your restaurant is different so ensure you find your ideal food cost (discussed later) Labor cost : Roughly 30% of revenue including management salaries of 10% Insurance varies by provider and type. Fixed costs include rent, mortgage, salaries, loan payments, license fees, and insurance premiums.

License 370

License Equipment POS Food Supply 370

Modern Restaurant Management

JUNE 24, 2024

Unlike traditional employees who receive a W-2, independent contractors typically receive a 1099 and are not entitled to benefits like health insurance or retirement plans. Additionally, during the NYSDOL’s audit and investigation, the agency discovers the misclassified employees who were not paid appropriate minimum wage and overtime.

Restaurant Law 221

Restaurant Law Hiring Audits Website Management 221

The Food Corridor

MAY 16, 2025

These codes are used in everything from registering your business to applying for grants, insurance, and government contracts. 722513 – Limited-Service Restaurants Use for insurance classification when food prep and service are involved. Insurance carriers often require this if your tenants or staff prepare food. Producing food?

Insurance 52

Insurance Audits Catering Government 52

The Rail

NOVEMBER 2, 2023

Obtain adequate insurance coverage : Forecasting can typically warn business owners when a major event is on the way; however, even the staunchest storm preppers can’t protect from every possible type of damage. Replace insulation : Insulation replacement is typically only $1.00

Sustainability 130

Sustainability Seasonal Menu Audits Outdoor 130

Restaurant365

NOVEMBER 30, 2021

No matter what laws your restaurant group falls under, it is beneficial to prioritize recordkeeping and audit trails to demonstrate compliance with labor and pay regulations. The ACA requires employers to offer full-time employees compliant health insurance coverage and document this offer for the IRS. Conclusion.

Restaurant Law 146

Restaurant Law Audits Point of Sale Insurance 146

Modern Restaurant Management

MARCH 11, 2020

GFCO is the only gluten-free certification that holds companies and products accountable through audits, random product testing and process surveillance. All GFCO certification bodies are accredited to ISO 17065, ensuring they follow internationally established best practices for auditing and product certification.

Bar 386

Bar Cash Management Loyalty Program Point of Sale 386

7 Shifts

SEPTEMBER 19, 2022

If you haven't looked at them in a while, it may be time to audit them and see if they're what your business needs now and to grow in the future. The Play: Do a culture audit and examine your core values. When we think about employee benefits, health insurance and retirement (401k) usually come to mind. Pet insurance.

Front of House 195

Front of House Back of House Cash Management Customer Experience 195

Harbor Touch

APRIL 17, 2018

If you are audited, and the IRS believes you are overcompensating employees based on other amounts reported within the restaurant industry, you may not be able to deduct them fully. Property insurance, liability insurance, and other policies designed to protect your physical restaurant location(s), employees, and customers.

Employee Relations 97

Employee Relations Insurance Point of Sale Food Supply 97

7 Shifts

MAY 1, 2024

They speed up your vouching process and help clear up any inconsistencies that could arise during the auditing process. These costs include property tax (if you own the building) and even the insurance you pay for your building and equipment. If not, your lease payments should be reflected here.

Cash Management 221

Cash Management Employee Relations Inventory Beverage 221

Restaurant365

AUGUST 27, 2021

If you are looking to address your restaurant hiring challenges , consider starting with an audit of your online presence. If you offer benefits like health insurance, PTO, or industry training, make sure to mention it near your wage and salary information. Cultivate an online presence. What will they find? Conclusion.

Recruiting 151

Recruiting Social Media Front of House Hiring 151

Restaurant365

AUGUST 19, 2020

There are some general areas to focus on when starting to audit your human resources information systems (HRIS) and payroll systems. for employers with 50 or more full-time employees and self-insured employers of any size. Tailor your hiring and recruiting practices. Reporting is required.

Restaurant Law 131

Restaurant Law Recruiting Employee Relations Food Safety 131

Harbor Touch

MARCH 18, 2025

Ive seen audits flag too-generous pay compared to industry norms. Staff pay: salaries, insurance, bonuses. Insurance: property, liability. Ask your accountant if Section 179 fits leases, too. Compensation: Balance Pay and Deductions Wages and benefits for your team are deductible. Overdo it, and the IRS might squint.

Point of Sale 78

Point of Sale POS Restaurant Law Equipment 78

Harbor Touch

MARCH 18, 2025

Ive seen audits flag too-generous pay compared to industry norms. Staff pay: salaries, insurance, bonuses. Insurance: property, liability. Ask your accountant if Section 179 fits leases, too. Compensation: Balance Pay and Deductions Wages and benefits for your team are deductible. Overdo it, and the IRS might squint.

Point of Sale 78

Point of Sale POS Restaurant Law Equipment 78

Restaurant365

AUGUST 21, 2020

There are some general areas to focus on when starting to audit your human resources information systems (HRIS) and payroll systems. Reporting is required for employers with 50 or more full-time employees and self-insured employers of any size. Tailor your hiring and recruiting practices.

Blog 78

Blog Restaurant Law Recruiting Employee Relations 78

Rocket Fuel

JULY 12, 2022

List everything involved in keeping your stores running: rent, insurance, taxes, even marketing. Here’s some good news: your values don’t have to be perfect to the decimal, and you’re not going to get audited if you forget something. Operating costs are a good way to call out expenses you have little control over.

Cash Management 52

Cash Management Download Merchandise Catering 52

Apicbase

AUGUST 17, 2022

Your restaurant will need to go through a forensic audit You may be charged with class action suits by affected customers You will lose revenue due to penalties of a cyberattack Your customer’s payment information will be compromised Your restaurant’s reputation will be questioned. Get Cybersecurity Insurance.

Email Marketing 52

Email Marketing Insurance Small Business Customer Service 52

The Restaurant Times

AUGUST 25, 2022

We also provide added benefits like medical insurance. . The store manager must conduct regular auditing and see to it that a consistent taste is maintained. There are people who were earlier housekeepers and now they’re store managers. We provided English language learning lessons.

Franchising 98

Franchising Franchise 2007 Customer Experience 98

Open for Business

SEPTEMBER 2, 2024

Overhead costs are fixed costs including rent, utilities, equipment leases, and insurance. Regular audits of your spending might reveal surprising areas for cost-cutting. Labor costs cover wages, benefits, and payroll taxes. Try to keep labor costs between 25-35% of total sales. They typically account for about 10-15% of total sales.

Point of Sale 78

Point of Sale Seasonal Menu Customer Service Small Business 78

Apicbase

JANUARY 28, 2025

Employer National Insurance Contributions (NICs ): Employer NIC rates will rise from 13.8% Utility audits are another effective tactic. Annually : Supplier contracts, utilities audits, automation usage. Business Rates Relief: The relief rate will decrease from 75% to 40%, capped at 110,000 per business for the 202526 tax year.

2024 52

2024 Waste Inventory Hospitality 52

EATER

APRIL 20, 2021

Restaurants will also be able to use funds to pay off business-related credit card expenses, third-party delivery commissions, unforgiven portions of PPP loans, propane for food trucks, and insurance for food truck vehicles, the SBA said during various town halls this week.

Food Truck 301

Food Truck Document Small Business Point of Sale 301

EATER

JANUARY 3, 2022

But my insurance hasn’t gone down. I don’t think that, as customers, we are in any position to audit the restaurant’s practices. In October, when my PPP runs out, I’ll have to be renegotiating with my landlord. There’s no way I can pay that. I’m clearly not doing the amount of business I was. The cost of food hasn’t gone down.”

Food Truck 301

Food Truck Seating Fast Casual Book 301

EATER

MAY 22, 2020

To manage crowding, all stores are limiting the number of customers that can enter at once, as well as putting up “visual cues and in-store signage” encouraging distancing, and performing “daily audits to ensure compliance.” They also say Trader Joe’s has been cutting hours, putting workers’ health insurance in jeopardy.

Employee Relations 363

Employee Relations Food Safety Website Management Social Media 363

EATER

AUGUST 22, 2022

In reviewing Elizabeth for Chicago magazine in winter 2013 , Jeff Ruby called it an “audit of us, the foodies, a label we hate but deserve because we can’t come up with anything more apt.” The chef mumbled something about pet insurance, and they began discussing daily life minutiae. People noticed. You want to see a menu?”. “We

Fine Dining 261

Fine Dining 2012 Reference Social Media 261