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Post-Pandemic Insurance Liability Considerations All Restaurant Owners Should Be Aware Of

Modern Restaurant Management

The impacts of COVID have been heavily felt by those in the restaurant and hospitality sector. The most significant impact of the pandemic on restaurants has been the loss of revenue and business interruptions during shutdowns due to supply chain challenges and worker / capacity restrictions. How Insurance Policies React.

Insurance 172
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Prepared to Win the War on Talent? Four Trends for Restaurant Operators to Consider in 2022

Modern Restaurant Management

The GDP recovered to its pre-COVID level this past July, but with this growth arrived a more unsettled labor market, intensified competition for talent, spiked inflation and exacerbated ongoing supply chain pressures. The first is hiring and personnel practices, with a greater emphasis on internally hiring and upskilling.

2022 193
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The restaurant labor shortage: how we got here and a 2023 update

Open for Business

More than 87% say they’re likely to hire in 2023 if they can find qualified applicants, according to the National Restaurant Association. Labor supply and demand were roughly matched from 2000 through early 2020, according to U.S. million workers came back to the accommodation and food service sectors.

2023 78
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How To Start A Small Restaurant In The Spring

MBB Hospitality

You’ll learn the tips on selecting a prime location, creating a profitable menu, deciding on a budget, and hiring a staff. Before you start, you want to consider the idea of hiring a restaurant consulting firm. You’ll need to find out how to acquire food service permits and liquor licenses (assuming you plan on serving alcohol).

License 52
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Things To Consider Before Opening a New Restaurant

The Restaurant Group

It includes the type of food served, the restaurant’s atmosphere, and the target market. Numerous expenses must be considered, such as the cost of leasing or purchasing a property, outfitting the space with furniture and equipment, hiring staff, and stocking the kitchen with supplies. Think of Your Restaurant’s Concept.

2013 78
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MRM Restaurant Survival Guide, Part Three

Modern Restaurant Management

” In response to massive layoffs in the hospitality industry due to the COVID-19 outbreak nationwide, Chef Edward Lee, in partnership with The LEE Initiative and Maker's Mark , launched The Restaurant Workers Relief Program. These restaurants and businesses need a specialized insurance policy.

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Restaurant Taxes: Top 12 Tax Deductions and Tips For Restaurants

Harbor Touch

Using your vehicle to deliver food or for catering, events are eligible for mileage deductions, but you can deduct either the miles you drive for business OR the actual expenses incurred. It can be included in the cost of food or recorded separately. Mileage Deductions. Employee Meals. Keep Proper Records. Explore Business Tax Credit.