article thumbnail

Health Insurance Requirements for Small and Medium Businesses

Hot Schedules

Health Insurance Requirements for Small & Medium Businesses. How offering affordable health benefits to your employees can work wonders for recruiting and retention. H ealth insurance is one of the most important benefits an employer can offer, regardless of size. In contrast, more than 97 percent of U.S.

article thumbnail

Employee Retention: How To Retain Employees For Small Businesses

Sling

Employee retention should be high on every manager’s priority list. If it’s not, you run the risk of your best employees leaving for greener pastures. But an employee leaving doesn’t just impact you, the manager. It can also cause ripples throughout your business as a whole. Strategies To Improve Employee Retention.

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

Assessing Coronavirus Insurance Coverage Risks for Restaurants

Modern Restaurant Management

Restaurant and business owners should always be prepared in the event of loss or damage to normal business operations. Navigating these policies and their intricacies is a daunting task, even for some experts in the insurance industry. Compile one-to-three years of financials and tax returns.

Insurance 122
article thumbnail

How Restaurant Owners and Managers Can Reduce Workers’ Comp Liability Around the COVID-19 Vaccine

Modern Restaurant Management

While our team is extremely excited about seeing each other in person, as a business owner, it‘s my responsibility to ensure we’re being safe, following appropriate CDC guidelines, and making the best decisions to protect our employees. Further, the Rockefeller Foundation found that 44 percent of 1,339 U.S.

article thumbnail

Restaurant Bookkeeping: Comprehensive Guide to Master Bookkeeping

7 Shifts

Bookkeeping is one of the most essential aspects of any restaurant business. After all, a small, honest mistake can accumulate over time and turn into bigger operational problems— 17% of restaurants even fail in their first year due to mismanagement of finances. If that isn’t possible, then go for alternatives.

article thumbnail

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 161
article thumbnail

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. However, if you don’t have the correct insurance, your food truck might cost you thousands of dollars or perhaps your business in jeopardy in time of a mishap. . Food Truck Insurance Cost .