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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 282
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The Value of Joining Your State Restaurant Association

Goliath Consulting

These organizations offer a range of benefits that can enhance your business, save you money, and provide critical advocacy for the industry. Networking and Business Development Running a restaurant can feel isolating, but being part of an association provides valuable opportunities to connect with industry peers, suppliers, and experts.

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New PPP Loan Insurance Covers Food Service Establishments if the SBA Later Finds They Were Ineligible for the PPP Loan Program

Modern Restaurant Management

Businesses that benefited from PPP loans were required to meet the “necessity certification” requirement and consider alternative sources of liquidity, while also taking into account “affiliated” businesses, prior to submitting a loan application. Many of them received it in the form of PPP loans.

Insurance 404
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How to Add Products to Your Restaurant’s Sales Mix

Modern Restaurant Management

For most small to medium sized businesses, co-packers are far more economically viable than capital expense on machinery, manufacturing expertise, and warehousing. If there are certain certifications you want your product to have, that can affect your choice of manufacturer as well. Quality Control, Legal and Insurance.

Retail 450
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As Restaurants Face Rise in Slip and Fall Suits, Simple Measures Can Mitigate Risk

Modern Restaurant Management

Rising costs are not the only financial hazard facing the food service business, as recent studies show that slip and fall cases cost the industry $2 billion a year. However, there are several ways businesses can help reduce risk, financial exposure, and legal complications. The restaurant industry is fighting a tough battle.

Insurance 378
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Virtual Acceleration, Raising the Bar and Insult Monitor

Modern Restaurant Management

Smart Foodservice operates 70 small-format cash and carry stores across California, Washington, Oregon, Idaho, Nevada, Utah and Montana that serve small and mid-sized restaurants and other food business customers with a broad assortment of products. (NYSE: APO) (the “Apollo Funds”) for $970 million in cash.

Bar 386
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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. Create a Restaurant Business Plan. Getting Your Restaurant Business Loan. Before you Begin: Create a Restaurant Business Plan. Getting Your Restaurant Business Loan.

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