Modern Restaurant Management

MARCH 11, 2025

From a legal perspective, Insurance : the pandemic highlighted the limitations of insurance policies. Several high-profile restaurant groups brought litigation against insurance companies for their coverage position, but were ultimately unsuccessful. Workforce : COVID fundamentally changed the labor market.

Mobile Ordering

SpotOn

DECEMBER 30, 2024

But many owners don't account for the high fixed costs of bars —like repairs, insurance, and alcohol theft which can leave them with less profit than expected. For restaurants that don't already have online ordering, this creates another stream of revenue other than on-site dining.

Operations

Paper Chase Accountancy

JULY 25, 2025

Restaurants and Food Service: Including fine dining, fast casual, QSRs, cafes, and catering. Operating Expenses Utilities, marketing, supplies, rent, insurance. This vast sector includes, but is not limited to: Hotels and Resorts: From boutique inns to sprawling luxury resorts.

Hospitality

Modern Restaurant Management

APRIL 17, 2020

A Zagat dining trends survey says 75 percent of respondents have selected a restaurant based on food photos. Murals are incredibly expressive, so they’re a great platform to convey the personality of any type of restaurant, whether it’s fine art for fine dining or vibrant graffiti-style art for a more edgy vibe.

Marketing

Modern Restaurant Management

FEBRUARY 3, 2021

restaurant industry has a loaded plate as 2021 picks up steam – especially from an insurance and financial protection point of view. “The prospects for fine dining and sit-down restaurants are going to remain strained for all of 2021,” said Doug Groves, founder at Program Insurance Group, in College Station, Tex.

Insurance

Modern Restaurant Management

DECEMBER 16, 2021

Quick-service restaurants are also feeling the pressure – large chains like Chick-fil-A and McDonald’s have had to close dining rooms due to insufficient staffing. Operators will look to technology to offset labor shortages and free up staff to enhance the dining experience. Service with a smile is not a thing of the past.

2022

Modern Restaurant Management

JULY 10, 2024

After a guest thief takes what they want, the restaurant must purchase replacements and eventually report the thefts to their insurance company, which in the long run will raise their premiums, creating another drag on profitability. Remember, the cost of dining out pays for the food and service, nothing more.

Back of House

Modern Restaurant Management

MARCH 16, 2020

To help ensure the survival of these restaurants, many of which are family owned, the PR industry has banded together to create a campaign called "Dining Bonds." The dining bonds are being offered by participating restaurants across the country at a suggested savings of 25 percent when purchased. . "We're

Food Safety

Modern Restaurant Management

NOVEMBER 13, 2020

Proposition 22 requires companies with independent-contractor drivers to provide specified alternative benefits, including: minimum compensation and healthcare subsidies based on engaged driving time, vehicle insurance, safety training, and sexual harassment policies. These requirements for businesses will go into effect on January 1, 2023.

2020

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. Full-service restaurants Full-service restaurants offer a complete dining experience with table service.

Food Truck

Modern Restaurant Management

JULY 1, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the rise of eCommerce, economic impact, dining during COVID and hot dog insights. Yelp’s diners seated data shows significantly more people are dining-in at restaurants. Dining During COVID. Yelp's Economic Impact Report.

2020

EATER

NOVEMBER 11, 2020

Now, as summer waned and restrictions relaxed enough to allow outdoor dining on sidewalks throughout the city, Techamuanvivit was readying the Kabuki’s driveway to accommodate dinner service and waiting for the go-ahead to launch Kin Khao’s new Dogpatch location. You can’t let people go without health insurance. Nari is a bit less.

Cash Management

7 Shifts

JUNE 4, 2021

For fine dining, around 30 percent. Whereas a bakery or pizzeria's most costly ingredients maybe cheese or chocolate, a fine-dining restaurant's could be shellfish and top-of-the-line beef. To get your restaurant's break-even point, you'll need the following: Total fixed costs, like rent, salaries, and insurance.

Point of Sale

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

7 Shifts

JUNE 28, 2021

And regardless of whether these guests are dining in, taking out, or getting delivery, food safety needs to be at the top of mind for your restaurant and your staff. Sealing all food for off-premise dining in takeout containers to secure safe delivery. If you have not passed, you may also need to pay a fine. Employee Hygiene.

Kitchen Safety

EATER

SEPTEMBER 11, 2024

Lille Allen Six chefs and restaurant owners from across the country explain why restaurants feel so expensive right now, and how they’re coping with high prices and customer complaints Dining out involves calculating the intangible: What is hospitality worth to you? That’s still not quite enough. Right now, our bowl of pho is $26.

Pricing

7 Shifts

AUGUST 27, 2020

Your restaurant employee handbook is the place you should outline employee code of conduct, and set standards on what’s deemed acceptable or unacceptable behavior.

Employee Relations

7 Shifts

AUGUST 7, 2024

Here's a breakdown: Fixed costs include rent, mortgage, salaries, loan payments, license fees, and insurance premiums. Restaurants with cheaper ingredients, such as pizzerias, coffee shops, and bakeries, skew lower than fine dining restaurants that serve high quality seafood and premium meats, which can get as high as 40% food costs.

Food

The Restaurant Times

APRIL 7, 2022

A fine dining restaurant in Gulf countries like Oman is a blend of delicacies and a bespoke experience. It is thus, the right time for Omani restaurateurs—and upcoming restaurateurs—to own this bustling dining scene. It is thus, the right time for Omani restaurateurs—and upcoming restaurateurs—to own this bustling dining scene.

Fine Dining

Modern Restaurant Management

JUNE 28, 2024

The main takeaway: It’s led to higher prices and lower foot traffic at many of the state’s dining establishments. With customers seemingly viewing dining out a luxury, restaurants that can differentiate themselves in terms of quality and value will have a competitive advantage.” car finance, fuel, insurance, etc.) (22

2024

7 Shifts

MAY 2, 2023

It's also been there for so long, and we were the first ones in a casual fine dining restaurant, full-service restaurant in Asheville to go to a tip sharing model. I mean, they have access to all different kinds of insurance like health insurance, which we contribute to. It gets it out of the insurance.

Front of House

Culinary Cues

FEBRUARY 28, 2021

Which type of tomato will present the most pronounced flavor of fine ripened, deeply refreshing acid/sweet balance on the sandwich and how can we ensure this consistently throughout the year? Which type of lettuce will provide the freshness, the crunch, the mouth-feel, and the flavor balance with that perfect burger?

Uniforms

Restaurant365

FEBRUARY 25, 2020

A full-service restaurant typically includes table service and more involved customer service experiences, spanning fine dining to a sit-down dinner. Average Profit Margins by Restaurant Type. Full-Service Restaurants. Increasing your Restaurant Profit Margin.

Loyalty Program

Modern Restaurant Management

MARCH 11, 2020

The majority of fast-casual and fine dining operators are meeting this challenge head-on by adding new offerings monthly,* driving increased competition with bar-and-grill operators. And because they’re online orders, we’re already cutting costs on labour, rent, insurance etc. Making a restaurant operations leaner.”

Bar

Deliverect

MARCH 24, 2021

Ghost kitchens avoid the costs of front-of-house staff and dining space and can operate with a lower marketing spend and lower setup costs than traditional restaurants. With more people than ever ordering food to go, many restaurants have found off-premise orders outstripping dine-in customers. The food truck operator looking to scale.

Food Truck

7 Shifts

MAY 23, 2024

You can also use this to keep track of other costs, such as insurance, license fees, repairs and maintenance, and the actual costs you incurred for a better and closer comparison. Your fixed costs, for instance, stay almost the same monthly and yearly, like your insurance and rent/lease payments. What is forecasting in a restaurant?

Point of Sale

Restaurant365

JUNE 2, 2020

However, calculating, distributing, and double-checking restaurant payroll for your employees is complex, and any errors and non-compliance with government mandates can result in costly fines or taxes for your business. 25-30%: fast casual dining, although this varies with different menu and service systems. The first is a 12.4%

Tip Distribution

7 Shifts

SEPTEMBER 16, 2024

Market Conditions The demand for certain types of restaurants, like quick-service or delivery-focused businesses, might be higher than fine dining establishments. For the interior, one of the simplest yet most impactful things you can do when preparing to sell a restaurant is to declutter the dining area, kitchen, and storage spaces.

2024

Restaurant365

OCTOBER 15, 2021

Your restaurant labor cost includes everything your restaurant spends on labor, from salaries and hourly wages to payroll taxes, bonuses, and benefits like health insurance or vacation days. Total labor cost. Here are a few helpful labor cost terms, along with how they are related to your total labor cost. Average Sales Per Server.

Management

The Restaurant Group

MARCH 11, 2024

But restaurant finances are notoriously complex, with so many types of expenses to manage: Dining and kitchen supplies Commercial real estate Utilities Maintenance Insurance Marketing Payroll And more Restaurant budgeting can be head-scratching and very time-consuming. Every restaurant must aim to spend low and earn high.

Management

Modern Restaurant Management

NOVEMBER 1, 2019

" Macaluso hired Cypress to insure a consistent and disciplined approach to the process. Dine Brands International inked an agreement with Saeed Minhas, of Minhas Holdings, to bring the IHOP brand to exclusive locations in the Greater Toronto Area. ” IHOP in Canada. and is expected to open in spring 2020.

Franchise

The Restaurant Times

JUNE 21, 2021

For example, several Michelin-star restaurants unable to welcome sit-down customers during lockdown offered their fine-dining cuisine as take-aways. Ensure You Have Workers’ Compensation Insurance. The restaurant industry is one of the busiest in the world. The restaurant industry is one of the busiest in the world.

Small Business

The Restaurant Times

OCTOBER 29, 2021

In the previous articles, we talked about how to open a food truck , why your food truck needs a website and tips related to tax saving and insurance. Not just this, it could increase your insurance and maintenance costs. 7 Ways To Set Up A Sustainable Food Truck. You can switch to biodiesel made from animal fat or vegetable oil.

Food Truck

Bingage

JANUARY 15, 2020

No matter what type of restaurant you are running whether it’s fine dining or a food truck, all need the same efforts to make it call a successful food business. What kind of restaurant business you wanna operate, a food truck, cafe/bar, fine dining, quick bites or what? effective Restaurant business planning.

Food Truck

SpotOn

MARCH 25, 2024

Your restaurant will become alive as you design the dining room. In contrast, fine dining restaurants will spend lavishly on furniture, artwork, and lighting to differentiate themselves from the competition. Insurance costs for restaurants will usually fall between $2,000 and $5,000.

License

7 Shifts

JULY 1, 2024

Otherwise, you can end up losing money by setting up a barcade at an executive village where most people prefer wining and dining over drinking booze and letting loose. As you perform market research, ensure to adjust your concept to meet the needs of your target customers.

Bar

Restaurant365

APRIL 19, 2022

Your total restaurant labor cost includes all expenses related to labor, from salaries and hourly wages to payroll taxes, bonuses, overtime, worker’s compensation, and benefits such as health insurance. However, that number can vary significantly, with QSR on the low end and fine dining restaurants on the higher end. (Do

Point of Sale