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How Insurance Needs Differ for Traditional Restaurants v. Mobile Food Businesses 

Modern Restaurant Management

Traditional sit-down restaurants and mobile food businesses have uniquely different needs when it comes to insurance. While there is some overlap in coverage needs, it’s important to understand the differences when it comes to insuring your business. Traditional Sit-Down Restaurant Insurance Needs. Dram shop law.

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All You Need To Know About Food Truck Insurance

The Restaurant Times

Time has never been better to open your food truck, and the most critical business step is investing in insurance. The number of food trucks in the United States roughly doubled between 2013 and 2018, and for all good reasons. Insurance companies, on the other hand, see food trucks in a different light.

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Surviving COVID-19: 7 Financing Options for Restaurants

7 Shifts

PPP Loans The Paycheck Protection Program seeks to protect jobs and cover other employee-related expenses by offering small businesses SBA loan amounts up to 2.5 Healthcare costs: group healthcare benefits, insurance premiums, etc. The CEWS covers 75% of an employees' wages (up to $847/week) retroactive to March 15, 2020.

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How to Become a Successful Restaurant Owner?

Bingage

No matter what type of restaurant you are running whether it’s fine dining or a food truck, all need the same efforts to make it call a successful food business. Running a restaurant is not only about taking orders and serving food. Related Read: Different Types of Restaurant Establishments.

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Restaurant Accounting Concepts Every Manager Should Know About

Lavu

Even if you’re new to the restaurant industry, if you have made a purchase order, you’re already familiar with the cost of goods sold (COGS): It’s the amount you spend on all ingredients (and that’s it, this figure doesn’t show how much is spent on labor to prepare and deliver the food or drinks). Commissions. Prime Cost.

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What Restaurants Need to Know About Auto Insurance 

Modern Restaurant Management

There are multiple reasons for this including the inherent dangers in preparing and serving food, frequent staff turnover resulting in new team members who are unfamiliar with your operations, and a continuous stream of customers who can be injured or become ill during or after their visit, to name just a few.

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4 Pro-Tax Saving Tips For Food Trucks

The Restaurant Times

Regulations and standards for food trucks differ significantly from state to state, city to city, and even neighbourhood to neighbourhood. A food truck business may seem quite straightforward at first but there are many implicit and hidden costs that you might overlook while considering the expenses.