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

SpotOn

FEBRUARY 26, 2025

Health insurance, retirement plans (401(k)), paid time off (PTO) (vacation, sick leave, holiday pay), workers compensation, and meal discounts Training and onboarding. Fixing kitchen equipment, HVAC systems, plumbing, refrigeration units, and general facility upkeep. This helps reduce future equipment purchases. Marketing.

License 90

License Point of Sale Insurance POS 90

Modern Restaurant Management

JUNE 30, 2022

It is critical to have a thorough picture of your delivery riders in order to ensure optimal order distribution, as well as important information such as licenses, registration, pollution, and insurance papers among other things. A comprehensive delivery management platform has all of these things taken care of.

Delivery 419

Delivery Food Online Ordering Food Order 419

7 Shifts

NOVEMBER 22, 2021

It also requires money to open a restaurant and build it out, buy equipment and finance the operation until it reaches break-even. For example, you can include lease documents, architectural drawings, proposals from vendors for equipment and/or location buildout, menu designs , etc. Find other business plan resources from GrowThink.

Document 393

Document Small Business Cash Management Take-out 393

The Food Corridor

MARCH 3, 2025

These licensed commercial spaces give operators a place to store inventory, prep food, and clean their equipment—ensuring they meet health codes and run efficiently. Storage & Prep Space – Commissaries offer access to commercial equipment, dry storage, and prep stations, without the need for a large upfront investment.

Food Truck 52

Food Truck Kitchen Safety License Food 52

Modern Restaurant Management

JUNE 24, 2020

He also held various leadership positions at Bank of America, serving as Senior Vice President/Chief Information Officer within the Insurance Services division, as well as Chief Technology Officer for the home loans and insurance division. "Virturant increases my revenue with my same staff and kitchen," said Jim Garofalo Sr.,

Guest Recovery 539

Guest Recovery Mobile Ordering Kitchen Safety Food Safety 539

7 Shifts

JULY 1, 2024

However, note that bar profit margins vary due to various factors like tax rates, licensing laws, customer demographics, and the cost of living in your area. Obtain permits and licenses Remember: selling alcohol is a heavily regulated business. Before you start a bar, you must secure a license from the Alcohol and Tobacco Trade Bureau.

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Bar License Food Supply Restaurant Law 221

Modern Restaurant Management

NOVEMBER 17, 2023

Immediately contact a licensed and qualified plumber to assess the situation to prevent further damage and to make necessary repairs. Contact your insurance company. Society Insurance bears no responsibility for the accuracy or content of linked or cited material.

Insurance 251

Insurance Outdoor License Article 251

7 Shifts

SEPTEMBER 16, 2024

Asset-Based Valuation In some cases, the value of your restaurant’s assets, like equipment, furniture, and leasehold improvements, might be the best way to determine its value. For example, if your restaurant's equipment and fixtures are worth $50,000, that would become the base value for the sale.

2024 195

2024 Document Cash Management Point of Sale 195

ChowNow

AUGUST 6, 2024

From ingredients to insurance, new restaurants need to know how to manage fixed and variable costs. Fixed costs generally stay the same each month and are not tied to sales, such as rent or insurance. Restaurant expenses can add up quickly if you’re not careful. Balancing your budget is the most essential recipe for success.

Insurance 195

Insurance Inventory Food Supply Food Order 195

7 Shifts

AUGUST 7, 2024

Here's a breakdown: Fixed costs include rent, mortgage, salaries, loan payments, license fees, and insurance premiums. Food–along with labor, utilities, kitchen equipment, and finding the right pos system–is one of the biggest costs you're going to grapple with running a restaurant today.

Food 370

Food Seasonal Menu Inventory Pricing 370

Modern Restaurant Management

AUGUST 5, 2020

ECJ’s Food, Beverage and Hospitality Department attorneys advise food and beverage clients, startups and other businesses on a comprehensive range of issues, including employment, trade secrets, partnership disputes, contract negotiations, intellectual property, licensing and franchise disputes. Velazquez (real estate), Peter S.

Food Safety 527

Food Safety Mobile Ordering Online Ordering Kitchen Safety 527

Restaurant365

DECEMBER 17, 2019

One-time costs are one-time purchases, like a lease security deposit or loan down payment, signage, renovation costs, and business licenses and permits. Recurring restaurant costs would include costs like lease or mortgage payments, employee salaries, food and beverage costs, utilities, insurance and permits. Rent and Building Fees.

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Point of Sale License Insurance Employee Relations 120

The Restaurant Times

JANUARY 23, 2022

There can be companies that cater to larger groups, or if you are starting out, you can start small for a party of 20 or 50 people depending on the experience, equipment, and capital you have. Licenses And Permission . Every state has a separate set of guidelines and policies for licensing and permits for catering companies.

Catering 75

Catering License Insurance Food Supply 75

Modern Restaurant Management

MARCH 11, 2020

The Virtual Restaurant Accelerator™ developed by Virtual Restaurant Consulting (VRC), solves this problem by offering a license for a TWO HENS delivery-only location. The TWO HENS license includes a complete package of 'done-for-you' services: Creation of a custom website and social media pages. . "On

Bar 386

Bar Cash Management Loyalty Program Point of Sale 386

The Restaurant Times

SEPTEMBER 19, 2021

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 . Kind of Insurance.

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Food Truck Insurance Food Transportation 52

Cheetah

MAY 17, 2021

Business debt such as rent, mortgage instalments or other loans (principal and interest) is also covered.

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Webinar Point of Sale 2021 Food Truck 143

7 Shifts

MAY 23, 2024

Your restaurant expenses may vary depending on various factors, such as the equipment you use, your business location, the size of your operation, and whether you own or rent your commercial space. Your fixed costs, for instance, stay almost the same monthly and yearly, like your insurance and rent/lease payments.

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Point of Sale Seasonal Menu Food Supply Cash Management 221

Xtra Chef

APRIL 13, 2020

These fully licensed commercial kitchens allow you to produce meals in a safe, professional-standard food production facility, without having to shell out for a brick-and-mortar kitchen of your own. You don’t have the outlay on equipment, fridges, storage space, and all the other overheads associated with running your own kitchen.

Food Truck 78

Food Truck Kitchen Safety License Insurance 78

Open for Business

FEBRUARY 29, 2024

How to Deal with Legal Regulations Affecting Your New Restaurant There’s no universal checklist for all of the necessary licenses, permits, inspections, postings, and signage for your new restaurant. All liability with respect to actions taken or not taken based on the contents of this article is hereby expressly disclaimed.

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License Certification Kitchen Safety Food Safety 78

Restaurant365

AUGUST 19, 2020

for employers with 50 or more full-time employees and self-insured employers of any size. Bartender Licensing. Some localities may require a bartending license or certificate to serve alcoholic beverages, although this requirement varies by state or municipality. Reporting is required. Conclusion.

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Restaurant Law Recruiting Employee Relations Food Safety 131

Sling

AUGUST 8, 2024

To that end, be sure to address topics such as: Mission statement Advertising Price structure Employee concerns Accounting practices Budget Marketing Equipment needs Keep in mind that your business plan is a living document. If the process seems daunting, divide it into three categories and tackle them individually.

Events 78

Events License Hiring Insurance 78

Restaurant Clicks

JANUARY 9, 2020

Apply for Permits, Licensing, and Insurance. Purchase Equipment and Find a Food Supplier. Your restaurant concept includes a few factors, all of which will inform restaurant branding, name, location, menu, budget, equipment – basically every other decision you will make. Apply for Permits, Licensing, and Insurance.

License 78

License Website Management Equipment Hiring 78

Sling

NOVEMBER 23, 2023

Some services absolutely demand special equipment (and even special training), and offering them right out of the gate can put a serious dent in your startup capital. 4) Investigate landscaping tools and technology As we mentioned, you may need some serious equipment to get your business going.

Insurance 78

Insurance Equipment Customer Service Hiring 78

Cheetah

MAY 14, 2021

Third-party delivery contracts need contractual transparency, and issues surrounding fees, costs, terms, policies, marketing practices involving the restaurant or its likeness, and insurance/indemnity should be made clear. Platforms like DoorDash and UberEats have a vast marketplace home to millions of hungry people ready to place an order.

Delivery 125

Delivery Food Safety Point of Sale Customer Service 125

The Restaurant Times

JUNE 1, 2022

Purchase Equipment. Once you are done with the location, you can start designing the interiors and procuring the necessary equipment. In this stage, you should be ready to break the bank as the cost of even one piece of equipment can exceed USD 8,000. Business License. Food Service License. Get Business Insurances.

License 52

License Insurance Employee Relations Website Management 52

SpotOn

MARCH 25, 2024

Here, we'll discuss what you must consider when looking at the construction costs, equipment costs, interior design costs, and licenses and permits. Equipment costs Like all your restaurant startup costs, kitchen equipment, and small wares are directly connected to the concept.

License 52

License Insurance Point of Sale Equipment 52

The Restaurant Times

DECEMBER 22, 2021

Get The Required Zoning, Licenses And Permits In New York. After getting your zoning permits, you must focus on getting the required licenses and permits to open your restaurant business in New York. Liquor License: If you want to serve liquor in your establishment, you must have a liquor license. Source: TripAdvisor.

Insurance 52

Insurance License Point of Sale Employee Relations 52

Restaurant365

JULY 24, 2020

Restaurant365 customer Wow Bao recently announced it has partnered with operators in various cities to offer alternative sources of revenue by utilizing their space, equipment and personnel to serve prepared Wow Bao staples, while third-party delivery providers provide delivery of the meals to customers. Another con is the cost of delivery.

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Front of House Online Ordering Kitchen Safety Customer Service 147

MBB Hospitality

APRIL 14, 2023

Your budget should cover the costs tied to research, inventory supplies, licensing fees, staff wages, and the usual overhead costs. You’ll need to find out how to acquire food service permits and liquor licenses (assuming you plan on serving alcohol). This includes the necessary permits and insurance that need to be in place.

License 52

License Food Supply Insurance Small Business 52

Sling

JUNE 24, 2022

It’s also a good idea to store industry-specific information, including: Proof of age (for selling and serving cigarettes and alcohol) Bartending licenses Commercial drivers license (CDL) certifications Heavy equipment operation permits Human resources certification (e.g., Medical file. 2) Code files as you create them.

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Document Certification Employee Relations Restaurant Law 78

The Restaurant Times

SEPTEMBER 30, 2021

Consider the upfront cost of new equipment against the continuing expenditures of maintenance, upgrades, or modifications that a used alternative could incur over the first year or two. . Map out your route, your kitchen supplies, storage, equipment, and the number of staff you want. Vehicle license. Insure your truck .

Food Truck 52

Food Truck Food License Mobile Ordering 52

The Restaurant Times

SEPTEMBER 28, 2021

To establish a food truck, you’ll need to invest in some expensive equipment, which may cost thousands of dollars. Grills, ranges, ovens, generators, and other major pieces of equipment must all be of standard quality, in addition to refrigeration systems. Source: FSSAI License. Insurance Saves Money .

Food Truck 52

Food Truck Food Insurance Employee Relations 52

BNG Point of Sale

SEPTEMBER 2, 2021

This blog post will go over the typical restaurant overhead costs and expenses, including rent, utilities, labor wages for employees, licenses and permits, food cost percentages, and more. The costs in this budget include the rent payments, the salaries, insurance, property taxes, and everything else. Alcohol licenses .

Employee Relations 52

Employee Relations License Point of Sale Food Supply 52

The Restaurant Times

APRIL 7, 2022

Buying insurance. Buying equipment . A safety and security license by Civil Defense. Liquor license. Health license. Once everything is finalized, you need to plan and buy restaurant equipment. Plan what you need before going shopping, as the equipment is usually a one-time investment. .

Fine Dining 52

Fine Dining Dine-in License Point of Sale 52

Restaurant365

AUGUST 21, 2020

Reporting is required for employers with 50 or more full-time employees and self-insured employers of any size. Bartender Licensing. Some localities may require a bartending license or certificate to serve alcoholic beverages, although this requirement varies by state or municipality. Conclusion.

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Blog Restaurant Law Recruiting Employee Relations 78

The Restaurant Times

JANUARY 11, 2023

Apart from the initial hurdle of visa requirements, you will require several legal permissions related to running the business, such as licenses, permits, and zoning law certifications. Hence, we recommend that you hire a licensed and reputable US attorney to discuss all the US laws and regulations before moving further with your actions.

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License Restaurant Law Point of Sale Employee Relations 52