Modern Restaurant Management

OCTOBER 16, 2020

As the surviving restaurants reopen and attempt to regain solid financial footing, many will look to their business insurance policies to try to recoup the income they lost. The virus or bacteria exclusion is a common exclusion added by many insurers after the global SARS outbreak in 2006. In Henry’s Louisiana Grill, Inc.

Insurance 117

Insurance Serving 2006 Sustainability 117

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 166

Training Food Safety Employee Relations Insurance 166

Culinary Cues

MARCH 19, 2020

Why not engage our country’s food logistics champion and appoint Chef Jose Andres to head up a nationwide and government supported initiative to end hunger in America. They are typically under compensated for their work and under-appreciated for their commitment, but they remain proud.

Insurance 424

Insurance Government Training Small Business 424

Modern Restaurant Management

JULY 28, 2020

Consider PPP loan insurance to cover damages, legal fees and fines if the SBA determines that your business was ineligible for the loan. ” Get to Know PPP Loan Insurance. To obtain PPP loan insurance, applicants must submit: Analysis of how the affiliation rules apply to the business.

Insurance 134

Insurance Certification Audits Small Business 134

Modern Restaurant Management

MARCH 9, 2023

Society Insurance, which provides coverage to the hospitality industry, has put together four tips on how restaurants and bars can help create a safer environment on St. Understand Your State’s Dram Laws Laws regarding the sale and consumption of alcohol are not established by the federal government.

Bar 177

Bar Insurance Restaurant Law Point of Sale 177

7 Shifts

AUGUST 23, 2023

7shifts is also FDIC-insured , so you can feel confident knowing your deposits are backed by the full faith and credit of the United States Government. We have placed limits to ensure your management team does not exceed a maximum transfer amount. You'll also be able to control which team members have permission to send payments.

Tip Distribution 195

Tip Distribution Cash Management Restaurant Law Insurance 195

7 Shifts

APRIL 24, 2020

Financial relief programs There are many financial relief programs offered by governments and hospitality organizations to help keep restaurant workers paid during COVID-19. Apply for regular benefits, sickness benefits, caregiving benefits, or other through the Canadian government website.

Social Media 352

Social Media Insurance Website Management Government 352

7 Shifts

JULY 21, 2020

Recommended Reading: How to Reduce Restaurant Expenses & Stay Profitable During COVID-19 US Federal Government Financial Relief Programs The CARES Act has several components offering financial assistance to small businesses in the US, but none are more popular than the Paycheck Protection Program (PPP). Check your governor's website.

Cash Management 300

Cash Management Government Small Business Healthcare 300

Modern Restaurant Management

MAY 25, 2021

In general, the pandemic has changed leasing structures to address the inability of restaurants, bars, and nightclubs to conduct business in the event of government regulations that prohibit or limit the ability of the tenant to conduct business. Overall, commercial lease negotiations will see an overhaul on business interruption provisions.

Hospitality 186

Hospitality Insurance Government Online Ordering 186

Modern Restaurant Management

NOVEMBER 17, 2020

McDonald’s is among the growing number of employers to be hit with a lawsuit by a group of Chicago employees claiming the company failed to meet expert recommendations and government guidance for on-the-job protections against COVID-19. Take a hard look at your workers’ compensation strategy. Claims management counts.

Insurance 204

Insurance Employee Relations Food Safety Document 204

Modern Restaurant Management

MARCH 18, 2020

As the National Restaurant Association is anticipating sales to decline by $225 billion during the next three months and prompt the loss of between five and seven million jobs, the organization urged the federal government to take aggressive action now to rescue the restaurant industry, the nation’s second largest employer.

Insurance 155

Insurance Employee Relations 2002 2001 155

Modern Restaurant Management

JULY 27, 2023

According to a 2021 estimate by the Federal Deposit Insurance Corporation (FDIC), there are 4.5 Many cards don’t allow ‘portability’ — accepting payments from sources other than their primary employer (second employer, government benefits, tax refunds, etc.)

Cash Management 151

Cash Management Insurance Customer Service Government 151

Modern Restaurant Management

JULY 9, 2020

For many, the next logical step in this situation has been to file a claim with their insurance company. During an occurrence as rare as a pandemic, it is encouraged to file a claim with your insurance company, no matter the exclusions that may be outlined in your business’ policy. Track Your Financial Losses.

Insurance 139

Insurance Small Business Government Take-out 139

Modern Restaurant Management

MAY 18, 2022

This is a blend of medical inflation (the year over year cost of an x-ray), utilization (the number of x-rays that are performed), and government cost shifting (mandated benefits and restricted reimbursement by Medicaid and Medicare). In 2021, smaller plans that are often fully insured (fewer than 500 participants) saw a 9.6-percent

Insurance 208

Insurance 2022 2023 Technology 208

Sling

NOVEMBER 23, 2023

Once you’ve decided on the right structure for your business, register your business name with the I R S , the federal government, and any state and local offices that the law requires. 7) Arrange for business insurance Landscapers often work around expensive buildings, vehicles, and other structures/utilities.

Insurance 78

Insurance Equipment Customer Service Hiring 78

7 Shifts

JULY 13, 2023

Reliable digital payment platforms have built-in security features that protect against fraud and unauthorized access, as well as FDIC-insurance so funds are backed by the full faith and credit of the United States Government. Digital payments also eliminate the risk of theft and misplaced cash from storing it in-house.

Cash Management 195

Cash Management Back of House Training Insurance 195

MBB Hospitality

APRIL 14, 2023

Your local government will hold jurisdiction over the types of restaurants and businesses that they can open in their area. You may also receive government grants that are created specifically for small businesses. This includes the necessary permits and insurance that need to be in place.

License 52

License Food Supply Insurance Small Business 52

Sling

OCTOBER 31, 2022

What insurance is necessary? Similarly, depending on where your business is located, you may need to visit your local government offices to register there as well. You’ll also need to register with the federal government in order to get a Taxpayer Identification Number (TIN) or Employer Identification Number (EIN) from the IRS.

Insurance 78

Insurance Website Management Equipment Advertising 78

7 Shifts

APRIL 23, 2021

Unemployment benefits—augmented by federal government support—are providing security that restaurants have not been able to over the past year. Benefits like health insurance, pet insurance, or retirement plans. Many workers are not returning due to personal safety concerns, and many have left the industry altogether.

Hiring 370

Hiring Front of House Back of House Food Safety 370

Cheetah

MAY 17, 2021

Whatever your stance on government, that has got to be a record. We know that government paperwork isn’t everyone’s cup-of-tea. Applications opened on May 3 rd 2021 and $2.7 Billion in financial support have already been distributed to over 21,000 restaurants within the first week alone. Who Manages the Restaurant Revitalization Fund?

Webinar 143

Webinar Point of Sale Food Truck Government 143

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. Federal laws govern everything from employment tax to how to report total tip income earned. The first is a 12.4%

Tip Distribution 109

Tip Distribution Restaurant Law Cash Management Front of House 109

Modern Restaurant Management

MARCH 30, 2023

The FICA Tip credit (FICA stands for Federal Insurance Contributions Act) is a federal income tax credit that was enacted to offer financial relief to businesses in the food service industry that has employees who receive part of their wages through tips given by customers. Here are five things to know about the FICA tip credit: 1.

2007 173

2007 Beverage Insurance Government 173

EATER

NOVEMBER 11, 2020

Where is the conscience of this government, of this social system to support people? You can’t let people go without health insurance. It was, I believe, between $12,000 to $14,000 a month in benefits for each restaurant that we decided to keep paying our employees’ insurance. You can’t let people go without health insurance.

Cash Management 145

Cash Management Insurance Point of Sale Back of House 145

7 Shifts

NOVEMBER 22, 2021

The Small Business Administration (SBA) is a division of the United States federal government. This means the bank is partially "insured" in case somebody is unable to repay them. As such, SBA loans are generally favorable to restaurateurs. What is an SBA Loan? The SBA seeks to assist and support American entrepreneurs.

Document 393

Document Cash Management Small Business Take-out 393

Modern Restaurant Management

JANUARY 5, 2021

Modifications made to help insure the in-person experience is as safe as possible should be an expectation, not a goal. So, what can brands do to address the impacts of COVID-19, while being mindful of the past, present and future of customer experience?

Customer Experience 221

Customer Experience Customer Service Airlines Consumer Goods 221

Sling

DECEMBER 3, 2021

That said, there are several standard payroll reports required by local, state, and federal governments that every business manager needs to understand. Every three months, the IRS (and most state governments) requires that you submit certain payroll reports. Overtime hours. Attendance. Absenteeism. Time theft. Local Payroll Reports.

Management 146

Management Management Tip Distribution Employee Relations 146

Sling

JUNE 19, 2020

For example, if Business A offers a competitive wage while Business B offers the same competitive wage as well as medical insurance, most job seekers will choose Business B because they receive something more than just a wage for their efforts. Life insurance. Mandatory Benefits. Minimum Wage. Overtime Pay. Workers’ Comp.

Management 78

Management Management Insurance Food Truck 78

Hospitality Insurance Group

OCTOBER 11, 2022

Their exact location is governed by the building construction and NFPA requirements, which. Includes content provided by Mutual Boiler Re Hospitality Insurance Group 106 Southville Road, Southborough, MA 01772. This can be. mitigated by increasing the air space between the metal duct/hood and the frame building. insulation.

Kitchen Safety 78

Kitchen Safety Equipment Insurance Government 78

Modern Restaurant Management

NOVEMBER 24, 2021

Looking ahead : According to Nasdaq , food processors and government agencies are taking steps to prevent many of these issues from occurring in the New Year. These include sign-on bonuses, higher wages and the offering of health insurance. Food Shortage.

2021 185

2021 Food Supply Food Truck Supplies 185

The Restaurant Times

OCTOBER 30, 2021

From inventory to alcohol, and live music to TV installation, for every little operation, you need to think about whether it is allowed by the government or not. Restaurant Insurance. Besides the licenses, you also need to insure your restaurant. Opening a restaurant can be challenging. maintain public safety.

License 52

License Insurance Certification Restaurant Law 52

Sling

JUNE 24, 2022

It all depends on company policy and the laws that govern recordkeeping in your area. Worker’s compensation claims Health insurance forms Accident reports Emergency contacts Doctor’s notes for excused absences Insurance beneficiary information Family and Medical Leave Act paperwork Medical leave requests. Medical file.

Document 78

Document Certification Restaurant Law Employee Relations 78

7 Shifts

APRIL 6, 2020

Any business who is not a state or local government entity Must be an employer in businesses during 2020 and have had partial or full suspension of business activity Or have experienced less than a 50% reduction in gross receipts when comparing Q1 of 2020 to Q1 of 2019 How do I apply? This can also cover the value of health plan benefits.

Small Business 341

Small Business 2020 Insurance Article 341

Modern Restaurant Management

JULY 6, 2020

If you’re fortunate enough not to have been on the receiving end of a civil or administrative complaint from an employee or a government employment agency, you may not realize just how deep the downside risk can be in employment disputes or just how high the stakes are for non-compliance.

Restaurant Law 170

Restaurant Law Document Insurance Hiring 170

Modern Restaurant Management

MARCH 25, 2020

That landlord will expect the tenant to insure against that risk. Read Insurance Provisions. It is additionally essential that the tenant review its insurance provisions to determine if there is any coverage for interruption of business or rent insurance. Tenant can make that claim to its carrier.

Restaurant Law 111

Restaurant Law Insurance Events Government 111

Restaurant365

NOVEMBER 30, 2021

The ACA requires employers to offer full-time employees compliant health insurance coverage and document this offer for the IRS. Employers with 50 or more full-time employees, as well as self-insured employers, are required to offer these benefits. Staying compliant with the ACA requires robust recordkeeping for employers in general.

Restaurant Law 146

Restaurant Law Audits Point of Sale Insurance 146

Modern Restaurant Management

JUNE 17, 2020

However, unless and until it is formally sanctioned either by the local or state government and put forth as a service fee for the additional sanitation, such a surcharge may be viewed as an unacceptable expense to pass along to customers during these difficult financial times.

Employee Relations 193

Employee Relations Food Safety Small Business Government 193

The Restaurant Times

JULY 20, 2020

The NRAI has appealed for multiple relief measures from the government such as a complete waiver of all renewal fees on licenses and registrations for bars, banquets, etc. The NRAI has appealed for multiple relief measures from the government such as a complete waiver of all renewal fees on licenses and registrations for bars, banquets, etc.

Government 76

Government Small Business Sustainability Restaurant Law 76