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Staying on Top of FDD Requirements for Risk and Insurance

Modern Restaurant Management

What may be overlooked within it are risk and insurance issues. Many franchisors have dedicated staff in charge of maintaining the FDD, although tech solutions are increasingly available, offering efficient, integrated and customizable tools for managing insurance and compliance requirements. And there’s a lot of value to that.

Insurance 101
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In Uncertain Times, Food Liability Insurance Helps you Prepare for the Worst

The Food Corridor

The way to mitigate the risk is to take out a robust insurance policy. However, anyone who’s dealt with an insurance broker probably knows how painful this experience can be. An insurance company’s job is to calculate risk and figure out how much to charge you based on the risk level of your business.

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The Ultimate Guide to Getting a Restaurant Business Loan

7 Shifts

Marketing Plan : detail your pricing structure (e.g., premium pricing), your location, your menu, and the promotional strategies (e.g., This means the bank is partially "insured" in case somebody is unable to repay them. The best way to do that is by conducting a restaurant feasibility study.

Document 393
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Employee Turnover is at an All-Time High: 5 Emerging Benefits Trends You Need to Know

Hot Schedules

health insurance and 401k plans), some creative thinking can create a work environment employees want to remain at without driving up expenses. Hilton recognizes the value of uptraining employees , offering skills training and professional certifications. Employee turnover greatly hampers throughput and cuts into available revenues.

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Top Five Supply Chain Management Tips

Hot Schedules

Review your pricing and rebate deals. When negotiating with suppliers, the larger the basket that they receive, the more competitive their pricing should be. If a smaller local supplier is guaranteed business, they are likely to provide better pricing and prioritize your order. Fix Pricing and Building Supplier Relations.

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How To Start A Restaurant Business In New York

The Restaurant Times

Food Protection Certificate: You and your staff members can take free online food protection courses. Insure Your Restaurant And Get Familiar With The Taxes . Insurances required by the state are: . Insurances required by the state are: . The final exam has to be given in person and costs $24.60 for each person.

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8 Things To Pay Attention To Before Starting Up A Food Truck

The Restaurant Times

Fire certificates. Major car manufacturers like Ford, Nissan, and Mercedes-Benz also supply food truck compatible vehicles; you’ll need to contact a local dealer for pricing and options. . Insure your truck . Employer Identification number or Business number. Vehicle license. Seller’s permit. Food handler’s permit. Buy A Truck