Lavu

JUNE 26, 2025

Well, accounting brings deep insights into the financial status of your business and its performance in the market. This also includes payroll taxes and employee benefits. First, employees who work for more than 40 hours weekly have a statutory entitlement to overtime rates for every extra hour worked. Your accountant.

2025 113

2025 Cash Management Point of Sale POS 113

Society Insurance

MARCH 10, 2025

Believe it or not , in 2023, Gen-Z employees began outnumbering Boomers in the workplace. Diversity matters to them through many dimensions, not just isolated to race and gender but also related to identity and orientation. The post Creating a Workplace Where Gen Z Wants to Work appeared first on Society Insurance.

Insurance 52

Insurance Employee Relations 2023 Communication 52

Modern Restaurant Management

FEBRUARY 13, 2025

The stock market, led by technology innovations and AI exuberance, soared accordingly. We anticipate a combination of outcomes, but that the tide will trend toward lower taxes, tighter labor markets, higher tariffs, and continued economic stimulus in the form of wide budget deficits. Which will be stifled by opposition?

Small Business 221

Small Business 2025 Healthcare Consumer Goods 221

Modern Restaurant Management

NOVEMBER 13, 2024

Restaurant owners should be allowed to promote their establishment on any day of the week, however on days of high risk like Drinksgiving, there needs to be specific safeguards in place for alcohol-related tragedies that could hold the restaurant responsible and liable. Promoting Drinksgiving on its own is quite rare for restaurants.

Restaurant Law 446

Restaurant Law Employee Relations Customer Service Insurance 446

Modern Restaurant Management

NOVEMBER 10, 2022

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. Property Insurance.

Insurance 474

Insurance Food Truck Food Mobile Ordering 474

Modern Restaurant Management

MAY 1, 2023

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. This data is highly valuable on the black market and can be used for identity theft, fraud, and other criminal activities.

Insurance 508

Insurance Employee Relations Email Marketing Customer Experience 508

Modern Restaurant Management

AUGUST 31, 2021

With the laundry list of everything bar and restaurant owners need to handle on a daily basis, proper insurance coverage should be top priority. Proper communication with the insurance agent about all the ins and outs of the restaurant can help set up the policy right from the get-go.

Bar 482

Bar Insurance Employee Relations Certification 482

Modern Restaurant Management

JULY 16, 2021

These virtual brands have allowed restaurants to hone in on hot niche trends (anything chicken related, typically) with consumers. UberEats uses its search data to identify unmet demand for different cuisine types in its markets, and works with local restaurants to create delivery-exclusive menus.

Management 474

Management Management Insurance Kitchen Safety 474

Modern Restaurant Management

JULY 14, 2023

Restaurant insurance is complicated. Just as owners have to play many roles in management, marketing, and menus, their insurance has to protect their finances, patrons, and employees. And who has the time to read a 100-page insurance policy?

Insurance 221

Insurance Food Safety Employee Relations Small Business 221

Modern Restaurant Management

MARCH 16, 2020

” RWCF is compiling an extensive list of resources and links related to the COVID-19 Crisis on its website, and, soon, we will collect data (qualitative and quantitative) from affected workers and restaurant owners so that we can work with local and national leaders to address the systemic issues the COVID19 pandemic has exposed. .

Food Safety 585

Food Safety Kitchen Safety Small Business Employee Relations 585

7 Shifts

JUNE 4, 2021

Numbers can give us insights into everything from profits and losses to average customer spend to how often employees cycle through. Employee turnover rate. Labor cost includes all labor-related categories: Employees, both hourly wages and salaries. Employee Turnover Rate. What is employee turnover rate?

Point of Sale 416

Point of Sale Inventory Employee Relations Customer Service 416

Modern Restaurant Management

AUGUST 5, 2020

TouchBistro acquired Boston-based TableUp, a provider of loyalty and marketing solutions for the restaurant industry. and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. ” Tyga Bites Launches. .

Food Safety 527

Food Safety Mobile Ordering Online Ordering Kitchen Safety 527

7 Shifts

AUGUST 18, 2024

A restaurant expense is a recurring payment that generates revenue like utilities, rent, payroll, or marketing. Your restaurant is different so ensure you find your ideal food cost (discussed later) Labor cost : Roughly 30% of revenue including management salaries of 10% Insurance varies by provider and type.

License 370

License Equipment POS Food Supply 370

Modern Restaurant Management

APRIL 28, 2020

Below, are a few observations on some of the hard lessons learned amid the pandemic and offers some strategies in relation. Today we see mid-sized companies scrambling to activate digital tools with customers and employees, but not realizing that interface tools are just one element of agility. Crisis amplifies flaws.

Customer Service 362

Customer Service Employee Relations Customer Experience Operations 362

EATER

DECEMBER 16, 2021

Vianne had dual citizenship and went to Mexico to study communications and marketing at the Universidad Regiomontana in Monterrey. 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. It was very exhausting.”

Back of House 363

Back of House Delivery Employee Relations Mobile Ordering 363

Modern Restaurant Management

FEBRUARY 27, 2020

For over 60 years, there had been no meaningful updates regarding joint employer status, leaving many franchisors and similarly situated parties wondering – is my entity liable as a joint employer for my franchisee’s/affiliate’s acts relating to employees? Determination of employee’s rate and method of payment.

Employee Relations 458

Employee Relations Hiring Government 2020 458

7 Shifts

JULY 21, 2020

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.

Cash Management 300

Cash Management Government Small Business Healthcare 300

7 Shifts

MAY 23, 2024

The restaurant business is one of the most competitive industries, and this shows in the fact that only 20% of restaurants succeed in the market. However, as a rule, the primary costs you can expect in running your restaurant are usually related to food, labor, and rent. Managing a restaurant is not for the faint-hearted.

Point of Sale 221

Point of Sale Seasonal Menu Food Supply Employee Relations 221

Modern Restaurant Management

MARCH 11, 2020

.” Derek Jones, President of Smart Foodservice, commented, “The management team at Smart Foodservice very much looks forward to working with the team at US Foods in accelerating our growth in the attractive cash and carry foodservice market. SpotOn Secures $50M Funding. SpotOn Transact, Inc., Brands Join DDK.

Bar 386

Bar Cash Management Loyalty Program Point of Sale 386

Modern Restaurant Management

AUGUST 31, 2020

DC Circuit Upholds NLRB Actions Against Tyson Subsidiary : On July 24, the Court of Appeals for the District of Columbia agreed with the National Labor Relations Board that AdvancePierre Foods, Inc, a wholly owned subsidiary of Tyson Foods, committed unfair labor practices regarding the unionization of employees. Legislation.

2020 410

2020 Restaurant Law Agriculture Compost 410

ChowNow

AUGUST 19, 2024

It doesn’t matter how fine-tuned your menu is or how much marketing buzz you have if you’re spending more money than you’re earning. For example, new businesses might face initial negative cash flow as they cope with large one-time costs like new equipment and employee training. Keep stock relatively low.

Cash Management 195

Cash Management Management Management Inventory 195

7 Shifts

MAY 1, 2024

Manage payroll on time Simplifying your restaurant’s bookkeeping process means efficiently managing the daunting task of settling salary payments, especially if you’re running huge operations and managing many employees. Many restaurants opt to hire part-time employees to avoid this expense. What can 7shifts do for you?

Cash Management 221

Cash Management Employee Relations Inventory Beverage 221

7 Shifts

SEPTEMBER 16, 2024

These include location, profitability, market trends, and more. Market Conditions The demand for certain types of restaurants, like quick-service or delivery-focused businesses, might be higher than fine dining establishments. Make sure your food service licenses, liquor licenses, and health permits are all valid as well.

2024 195

2024 Document Cash Management Point of Sale 195

7 Shifts

JULY 1, 2024

Your business name will also appear on your marketing materials, staff uniforms, menu, social media accounts, and advertisements, so make sure it isn't too long or complicated. As you perform market research, ensure to adjust your concept to meet the needs of your target customers.

Bar 221

Bar License Food Supply Restaurant Law 221

Restaurant365

JULY 24, 2020

market for online food delivery. According to Statista, a provider of market and consumer data, the market for online food delivery in the U.S. Revenue is expected to show an annual growth rate (CAGR 2020-2024) of 5.1%, resulting in a projected market volume of $32,325m by 2024. Size of U.S.

Front of House 147

Front of House Online Ordering Kitchen Safety Customer Service 147

Restaurant365

DECEMBER 17, 2019

Recurring restaurant costs would include costs like lease or mortgage payments, employee salaries, food and beverage costs, utilities, insurance and permits. Fixed costs such as insurance, rent, and loan payments do not fluctuate month to month. Marketing costs are also variable and controllable. Marketing Costs.

Point of Sale 120

Point of Sale License Insurance Employee Relations 120

Harbor Touch

APRIL 17, 2018

If employees receive benefits and compensation, they must be provided for work that employees perform. If you are audited, and the IRS believes you are overcompensating employees based on other amounts reported within the restaurant industry, you may not be able to deduct them fully. Employee Meals. Employee Tips.

Employee Relations 97

Employee Relations Insurance Point of Sale Cash Management 97

The Restaurant Group

SEPTEMBER 16, 2020

million employees (as of 2019), both of which have been especially hard hit by the necessary restrictions. This 2020 restaurant trend is likely related to a few things – a shift to working from home, a preference for foods that have not been prepared or touched by someone else, and wider availability of grocery delivery services.

Online Ordering 148

Online Ordering Delivery Point of Sale Customer Service 148

Bingage

JANUARY 15, 2020

There are infinite actions involve from planning to implementing to analysing marketing efforts, and paying attention to the factors that make a restaurant owner successful. Related Read: Different Types of Restaurant Establishments. Learn about your industry, get familiar with the latest marketing trend.

Food Truck 96

Food Truck Employee Relations Email Marketing Point of Sale 96

7 Shifts

JULY 8, 2023

So we're attracting the best talent from a compensation perspective, but also we want to make sure that we're offering the continued perks of whether it be health insurance and other related benefits. We're very proud when we can get a homegrown person, where we can see a year one employee, now a regional.

Hiring 273

Hiring Back of House Take-out Training 273

Lavu

NOVEMBER 8, 2019

Every foodservice operator has three fixed expenses: Restaurant Labor—The cost of all employees on the payroll in management, FOH, and BOH. Occupancy Expenses—These are the costs of existing in a brick and mortar location ( or food truck ), including rent, property taxes, and insurance. Commissions. Prime Cost.

Management 101

Management Management Food Truck Cash Management 101

Sling

MAY 14, 2022

A strong employee value proposition can do many things for your business: attract high-potential employees, help retain high-performing team members, set you apart from your competition, and much more. How can an employee value proposition do so much? Employee value proposition defined. 2) Employee benefits.

Management 78

Management Management Employee Relations Insurance 78

Restaurant365

SEPTEMBER 23, 2021

Expenses: food costs, bar costs, and any marketing or equipment costs. The costs of running a restaurant can be broken into four basic categories: Labor cost: all expenses related to labor, including hourly wages, salaries, payroll taxes, and any employee benefits. Simplifying the accounting process.

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Sling

JULY 1, 2021

The reality of the concept, though, goes well beyond just the hourly rate you pay your employees. Direct labor cost even includes monies paid to individuals for ancillary tasks not related to the “hands-on” manufacture of a product or the “face-to-face” provision of a service. How To Calculate Direct Labor Cost.

Definition 78

Definition Insurance Employee Relations Customer Service 78

Harbor Touch

NOVEMBER 21, 2022

Do your research Make sure you understand all the laws and regulations related to alcohol sales in your state. Also, understand all the costs associated with opening a bar such as insurance, licenses, staffing costs , etc. Also, understand all the costs associated with opening a bar such as insurance, licenses, staffing costs , etc.

Bar 78

Bar License Restaurant Law POS 78

Harbor Touch

NOVEMBER 21, 2022

Do your research Make sure you understand all the laws and regulations related to alcohol sales in your state. Also, understand all the costs associated with opening a bar such as insurance, licenses, staffing costs , etc. Also, understand all the costs associated with opening a bar such as insurance, licenses, staffing costs , etc.

Bar 78

Bar License Restaurant Law POS 78

Harbor Touch

NOVEMBER 21, 2022

Make sure you understand all the laws and regulations related to alcohol sales in your state. Also, understand all the costs associated with opening a bar such as insurance, licenses, staffing costs , etc. Also, understand all the costs associated with opening a bar such as insurance, licenses, staffing costs , etc. Summing Up.

Bar 78

Bar License Restaurant Law POS 78