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Is It Time to Reevaluate Your Restaurant or Bar Insurance?

Modern Restaurant Management

But now as the cloud of COVID is starting to lift and things are going back to normal, it’s important to assess whether those things are actually covered on a restaurateur’s insurance plan. Reviewing current sales can help restaurant owners better reflect numbers to date, which can save them some money on their insurance.

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How to Open a Bar – 6 Expert Tips to Starting Your Own Bar

Harbor Touch

Are you thinking about opening your own bar? There are many things to consider when opening a bar, from the type of establishment you want to open to the licensing and zoning requirements in your area. This blog post will give you some valuable tips on how to open a bar that will keep people coming back for more.

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Restaurant Remote Management: Budgeting for a Profitable Restaurant

The Restaurant Group

But restaurant finances are notoriously complex, with so many types of expenses to manage: Dining and kitchen supplies Commercial real estate Utilities Maintenance Insurance Marketing Payroll And more Restaurant budgeting can be head-scratching and very time-consuming. Every restaurant must aim to spend low and earn high.

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How a Restaurant Closing Checklist Benefits Your Business

Society Insurance

As a bar or restaurant owner, you know that your night isn’t over when the last customer leaves. When the door closes and the lights come back up in the dining area and bar, there are still tasks to complete before the night is truly done. Taking inventory and reporting low-stock items to the chef or manager.

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2023 Reflections: The Year That Was in Restaurants, Part Three

Modern Restaurant Management

As it relates to technology, there’s no question more and more tap rooms, bars and restaurants are embracing technology. – Justin Price, Vice President, Business Development, ScanSource POS & Payments Today's insurance market is the toughest in my career. Why such a “hard” insurance market?

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Challenges of Implementing Entertainment Options in Bars

The Rail

By Nick DiMatteo, Fortyfivegames Bar and restaurant owners are constantly seeking ways to stay ahead of the curve when it comes to attracting and maintaining their customer base. It is not surprising that entertainment options are a crucial aspect of bars' success.

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15 Restaurant Metrics to Know and How To Use Them

7 Shifts

Inventory turnover ratio. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. To calculate your COGs, you need the following numbers: Beginning Inventory, or the value of the inventory you start with. Ending inventory , or what you have leftover.