article thumbnail

Assessing Coronavirus Insurance Coverage Risks for Restaurants

Modern Restaurant Management

For that reason, restaurant and business owners typically carry business income coverage, also referred to as business interruption coverage, which is insurance coverage intended to replace lost income in the event business is halted or interrupted for some reason, such as a natural disaster.

Insurance 122
article thumbnail

Restaurants Under Attack from Cybercriminals: How to Protect Your Business

Modern Restaurant Management

That's why it's essential for restaurants to consider cyber liability insurance. First, they typically store significant customer and employee data, including names, addresses, and credit card information. Cybercriminals may use malware to steal sensitive information, encrypt files, or take control of restaurant systems.

Insurance 203
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

A Restaurant’s Guide to Switching Payroll Providers (+ Free Checklist Download)

7 Shifts

Thanks to all the information at your fingertips, making the switch doesn’t have to be so hard. I have used phone, chat, and video call, and they have all been informative and friendly. Communicate with both so they’re kept in the loop. Running payroll is extremely simple and the dashboard is user-friendly and up-to-date.

Download 221
article thumbnail

What To Do If Someone Falls in Your Business

Society Insurance

Once the scene of the incident is safe, it is time to gather your information. These situations create unsettled scenes, so it’s good to provide your team with a quick guide to make sure they gather all of the right information during moments that can be stressful. Report Your Claims Early.

article thumbnail

IN CHALLENGING TIMES DON’T MAKE CLASSIC BUSINESS MISTAKES REMEMBER THE TOP ELEVEN

Culinary Cues

COMMUNICATION. As much as communication is always the number one criticism of those on the receiving end – it will be even more so during times of crisis. Communicate profusely with your business guests – use all of the mediums available and make the communication positive and uplifting. CREATING A BUZZ. QUALITY FIRST.

article thumbnail

How To Train New Restaurant Employees

7 Shifts

During the orientation process, experienced workers or trainers will present key knowledge about your business, practices, and other relevant information about your staff's basic performance. The first area covered in the orientation is usually human resources, payroll, and other common compliance information that need to be completed.

Training 370
article thumbnail

How Restaurants Can Plan For The Next Hospitality Crisis

Modern Restaurant Management

For example, there should be someone who handles communication, supply chain issues, financial forecasting, etc. Insurance coverage is an excellent resource to have as part of your risk response strategy. Insurance policies cover injury to employees or customers on your premises, damage from inclement weather, and much more.