Modern Restaurant Management

APRIL 21, 2020

In addition, most restaurants should have business interruption insurance, and that insurance may provide some relief from economic pain. Business interruption insurance covers the loss of income that a business suffers after a disaster. Gather Your Complete Insurance Policy. ” That’s just not true.

Insurance 542

Insurance Government Document Restaurant Law 542

Modern Restaurant Management

OCTOBER 22, 2024

The former are entitled to benefits such as minimum wage, overtime pay and workers’ compensation insurance. Independent contractors, meanwhile, may not get these benefits in exchange for having more freedom and control over their work, while holding responsibility for their own taxes and insurance.

Restaurant Law 332

Restaurant Law Tip Distribution Fine Dining Insurance 332

Modern Restaurant Management

NOVEMBER 18, 2024

Society Insurance outlines five reasons why every business owner should have an effective video surveillance system. When potential criminals see that your business is equipped with cameras, they are less likely to commit vandalism, shoplifting, or other illegal activities, knowing there's a higher chance of being caught.

Insurance 389

Insurance Back of House Restaurant Law Information 389

Modern Restaurant Management

MAY 14, 2025

Competitive Compensation Paying fair wages and providing opportunities for raises, bonuses, or profit-sharing can show thatyouvalueyouremployees’ contributionsand want them to feel financially secure.There are publicly available resources to help you understand whata fair wage for your business would be.

Serving 373

Serving Workshop Education Training 373

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

OCTOBER 13, 2021

A more reliable and efficient approach is to equip refrigerators with IoT-connected sensors that monitor temperatures 24/7 and streamline the logging process. Any of these issues can severely damage buildings and equipment and even temporarily shut down a restaurant. Each year, insurers pay out $2.5

Food Safety 614

Food Safety Equipment Customer Service Point of Sale 614

ChowNow

MAY 23, 2025

It factors in all your operating expenses, like labor, rent, insurance, equipment repairs, marketing, and more. came to $35,000, and your operating expenses (labor, rent, insurance, etc.) Good profit margins are what allow you to reinvest in your team, upgrade equipment, expand your menu, or just take a breath between shifts.

Point of Sale 195

Point of Sale Insurance Fast Casual Customer Service 195

Modern Restaurant Management

DECEMBER 21, 2023

Let us pass on the knowledge and expertise that we have gained in our 100+ years in the insurance business, so you can take a few things off your plate – and gain peace of mind. Society Insurance bears no responsibility for the accuracy or content of linked or cited material.

2024 474

2024 Kitchen Safety Cash Management Insurance 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? These are often excluded from standard policies and be potentially costly.

Insurance 221

Insurance Food Safety Employee Relations Small Business 221

Modern Restaurant Management

NOVEMBER 24, 2021

Restaurants have faced labor shortages, supply and equipment shortages, and climbing food prices, with no past playbook on how to navigate the crisis. These include sign-on bonuses, higher wages and the offering of health insurance. Equipment Shortage. It’s been a tough year for the foodservice industry. Food Shortage.

2021 474

2021 Food Supply Food Truck Supplies 474

Modern Restaurant Management

DECEMBER 31, 2020

In that case, there may not be any insurance outside the driver’s personal auto insurance. If you’re contracting with a third-party delivery service, let your insurance agent know. Your agent can review the contract to determine what types of insurance you may need to protect your restaurant.

Delivery 579

Delivery Insurance Customer Service Online Ordering 579

Modern Restaurant Management

APRIL 27, 2020

License and Insurance – If employees who don’t normally deliver food for the restaurant are using their own vehicles, restaurant management should check for a valid license and insurance before asking the employee to deliver food.

Delivery 383

Delivery Hiring Transportation Food Safety 383

Modern Restaurant Management

MARCH 5, 2024

Safety training and creating a culture of safety are both critical for mitigating these risks, helping restaurants establish environments that protect staff and customers, which also goes a long way toward keeping insurance premiums low and protecting the bottom line.

Training 419

Training Food Safety Employee Relations Insurance 419

Modern Restaurant Management

MARCH 3, 2022

A more reliable and efficient approach is to equip refrigerators with IoT-connected sensors that monitor temperatures 24/7 and streamline the logging process. Any of these issues can severely damage buildings and equipment and even temporarily shut down a restaurant. Each year, insurers pay out $2.5

Food 530

Food Food Safety Customer Service Customer Experience 530

Modern Restaurant Management

FEBRUARY 25, 2021

Research from the Insurance Institute for Business & Home Safety (IBHS) shows that improvements to commercial facilities, both small and large, can strengthen your building against high winds, heavy rain, hail and even low level tornadoes, to meaningfully reduce the risk that costly damage will further disrupt operations.

Equipment 492

Equipment Small Business Outdoor Insurance 492

ChowNow

APRIL 15, 2025

Examples include: Rent or mortgage payments Insurance premiums Loan payments Salaried employees (like general manager or executive chef) Because theyre consistent, fixed costs are easier to budget for, but that also means theyre harder to reduce without significant structural changes.

Operations 195

Operations Online Ordering Customer Service Customer Experience 195

Harbor Touch

MARCH 18, 2025

Equipment and Furniture: Deduct That Big Spend New ovens or tables can cost a chunk, often $5,000 or more. Accounting Tip: Log equipment purchases in your accounting software under equipment. Staff pay: salaries, insurance, bonuses. Equipment: tables, chairs, POS systems. Insurance: property, liability.

Point of Sale 138

Point of Sale POS Restaurant Law Equipment 138

Modern Restaurant Management

AUGUST 5, 2024

Restaurants should consider vetting third-party vendors to performing these functions, and ensure those vendors are properly insured. Restaurants should also consider their own insurance coverage for cyber risks. What are the best practices for brands to handle a breach?

Employee Relations 493

Employee Relations Insurance Healthcare Restaurant Law 493

Modern Restaurant Management

SEPTEMBER 13, 2024

Conduct regular inspections of equipment to prevent moisture from pooling up and creating a hazard. Stock and Utilize Proper Safety Equipment Make sure your business is supplied with signage and barriers to be deployed in the event of a spill. A small investment in prevention can go a long way to staving off risk.

Insurance 378

Insurance Small Business Customer Service Equipment 378

7 Shifts

AUGUST 18, 2024

Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. In this guide we won't worry too much about the differences, but in general: A restaurant cost is a one-time expenditure on a material resource like food, liquor, dishes or kitchen equipment.

License 370

License Equipment POS Food Supply 370

Modern Restaurant Management

MAY 12, 2022

Some co-packers charge a one-time set-up fee to create your product for the first time—establishing the procedures they’ll need to follow, figuring in any special equipment they’ll need to retrofit or custom tool, and the like. Quality Control, Legal and Insurance. Getting into Retail.

Retail 450

Retail Certification Seasonal Menu Insurance 450

Modern Restaurant Management

JUNE 23, 2021

Ahead of the holiday, Society Insurance, which provides coverage to the hospitality industry, has put together a list of best safety practices for restaurants with deep fryers: 1. Regular maintenance and cleaning is an important safety factor for any kitchen equipment and a commercial fryer is no exception to this rule.

Kitchen Safety 470

Kitchen Safety Food Safety Equipment Insurance 470

Modern Restaurant Management

SEPTEMBER 24, 2021

“There are certainly lower fees the marketplace will charge if you handle the delivery in-house, but the insurance, staffing, and additional costs that come with in-house delivery may get pretty close to comparable, if not more,” he said. ” Costs aren’t the only thing that should be top of mind when making this choice.

Delivery 537

Delivery Insurance Online Ordering Customer Service 537

Modern Restaurant Management

MAY 19, 2020

In general, tenants should also pay close attention to what is included in the definition of gross sales for the purposes of calculating percentage rent and should negotiate various exclusions from gross sales, such as gratuities and insurance proceeds. Gross Sales Termination Right.

Insurance 508

Insurance Events Definition Equipment 508

Modern Restaurant Management

FEBRUARY 24, 2022

There are a few reasons: New employees often lack training; ill-equipped and inexperienced workers sustain more injuries trying to use machinery or tools with which they are not familiar. Yet, it is hurting us in ways we will not even see until our next few insurance renewal cycles.

Hiring 493

Hiring Insurance Guest Recovery Hotels 493

Modern Restaurant Management

SEPTEMBER 13, 2021

This will include marketing, equipment, utilities, rent and insurance. These typically are all the items that fall into the section on the income statement after key COGS (food cost, beverage cost, labor cost).

Insurance 492

Insurance Small Business Operations Equipment 492

7 Shifts

JULY 12, 2024

Fixed costs Fixed costs are expenses that remain constant, including rent, insurance, and utilities. If transferring isn’t an option, you can try to reduce other fixed costs like insurance premiums. Make it part of the protocol to unplug equipment when not in use and fix any leaks promptly.

Food Truck 397

Food Truck Customer Service Seasonal Menu Loyalty Program 397

7 Shifts

MAY 11, 2020

.” — Erica Gillespie, Ani Ramen Spend some time figuring out how long you’ll need to properly (and successfully) reopen—with considerations for new employee health & safety training, inventory delivery, PPE equipment orders, menu planning, etc. Social distancing and protective equipment ??

BOH 368

BOH Food Safety FOH Equipment 368

Modern Restaurant Management

MARCH 20, 2020

That’s why it is so important for them to seek out comprehensive cybersecurity insurance solutions — created specifically to protect their business. When these costs begin to pile up, it can be devastating for owner/operators. Without it, just one breach could spell the end.

Online Ordering 540

Online Ordering Email Marketing Website Management Franchise 540

Modern Restaurant Management

MAY 13, 2020

Don’t forget to secure their certificates of insurance, hold-harmless agreements and contracts. Designate a manager, equipped with PPE, to take temperatures at a set location in the restaurant. Consider contracting with established and qualified cleaning and disinfecting vendors to ensure your COVID-19 exposures are minimized.

Healthcare 516

Healthcare Food Safety Certification Insurance 516

Modern Restaurant Management

MARCH 11, 2025

. – Peter Kellis, CEO of TRAY Since the pandemic, it has been complicated managing through government issues, supply chain issues, manufacturing shortages of restaurant equipment and, of course, hardest of all the loss of great staff and managers who were forced to leave the hospitality industry.

Front of House 221

Front of House Loyalty Program Recruiting Customer Experience 221

Modern Restaurant Management

AUGUST 30, 2021

If you end up hiring someone to perform repairs, make sure they are licensed in your state and have adequate insurance to cover your project. Review your commercial property insurance policy. Your insurance policy may cover the issues you have identified, for example, if your restaurant recently experienced a casualty.

Insurance 536

Insurance License Restaurant Law Employee Relations 536

Modern Restaurant Management

OCTOBER 22, 2020

This is why you pay into your state’s workers’ compensation fund or self-insurance. For instance, you could: Make sure that you have the necessary tools and equipment to avoid employees being injured. Train all employees on safe lifting and handling techniques, and provide equipment when necessary.

Employee Relations 504

Employee Relations Insurance Equipment Training 504

Modern Restaurant Management

MARCH 10, 2020

There’s currently lots of technology and equipment in the catering industry that makes our jobs that little bit easier, with kitchen lifts and tablets to take orders, however it’s still a high-pressure working environment. Happy employees are hardworking employees!

Catering 404

Catering Insurance Small Business Sourcing 404

Modern Restaurant Management

JANUARY 20, 2021

28, Society Insurance has put together a brief guide to help you safeguard your restaurant against cyber attacks and what to do if one happens to you. Notify your insurance agent or carrier. Nearly half of cyber-attacks target small businesses and 60 percent of small companies who experience a significant attack go out of business.

Insurance 474

Insurance Loyalty Program Small Business Mobile Ordering 474

Modern Restaurant Management

MARCH 24, 2021

Even restaurants with preexisting in-house delivery may not have been equipped to handle the increase in order volume that came along with the pandemic. Vehicles, drivers, fuel costs, insurance, payment methods, dedicated prep staff, packaging, storage, tracking, and communication all present challenges.

Delivery 473

Delivery Customer Service Point of Sale Customer Experience 473

Modern Restaurant Management

OCTOBER 20, 2021

Society Insurance recommends contacting your local “call before you dig” hotline before driving stakes in the ground to prevent any utility line damage. Temporary structures are often installed in the outside area to accommodate more seating and to create a more visually appealing space.

Outdoor 474

Outdoor Insurance Dine-in Customer Experience 474