Remove Employee Relations Remove Innovation Remove Insurance
article thumbnail

2025 Restaurant Outlook: A Recipe for Success with Risk Management

Modern Restaurant Management

After weathering years of pandemic-related challenges, the sector continues to rebound with optimism. Outsourcing high-risk services, such as delivery, can alleviate exposure to rising auto insurance costs, which are projected to climb in 2025. In 2023, the average cost of a hospitality-related breach surged 14 percent to $3.36

2025 418
article thumbnail

Five F&B Business Agility Lessons Hard-Learned Amid the COVID-19 Catastrophe

Modern Restaurant Management

Though commonly correlated directly to “innovation,” business agility encompasses so much more. Below, are a few observations on some of the hard lessons learned amid the pandemic and offers some strategies in relation. This will, of course, be easier said than done. Crisis amplifies flaws.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How DoorDash and Postmates Make an Already Dangerous Job Worse

EATER

Dynamex stated that most workers are employees and that any company seeking to classify a worker as an independent contractor must meet a stringent burden of proof to do so. She explained, “I was always tight on money because I wouldn’t make enough, even working four or five jobs. It was very exhausting.” Superior Court.

article thumbnail

MRM Research Roundup: Experimentation, Valentine’s Vibe Shift, and Wine Cork Market

Modern Restaurant Management

An analysis of insurance claims processed in 2024 compared to 2023 shows a 4.4 The food service industry is one of the important sectors in the economy of Canada, creating employment opportunities and innovating culinary trends. During Q4 2024, visits were up 23 percent, while visits to other full-service restaurants were down 2.9

Marketing 221
article thumbnail

Tyga Bites and Sushi with an Attitude

Modern Restaurant Management

After moving from Australia to NYC, I couldn’t be more excited to make my mark as a part of this innovative, culture-lead team.” Selvin (insurance and business interruption) and Elliot N. ” Ervin Cohen & Jessup Launches Food, Beverage and Hospitality Practice. Other members of the new practice include: Randy S.

article thumbnail

Virtual Acceleration, Raising the Bar and Insult Monitor

Modern Restaurant Management

We would like to thank Derek Jones and all of the employees at Smart Foodservice for their dedication in building a highly differentiated business in the cash and carry industry, and we know the company will be in great hands with its new owners.” Innovative Experiences. Premium Pimento Cheese Stuffed Pretzel Knot.

Bar 386
article thumbnail

Restaurant Budgeting: How to Create A Restaurant Budget

7 Shifts

Your stiff competition requires innovative thinking and aggressive growth strategies to stay on top. However, as a rule, the primary costs you can expect in running your restaurant are usually related to food, labor, and rent. In this industry, one of the worst-case scenarios is running out of money.