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

EATER

NOVEMBER 11, 2020

I don’t understand why it’s up to me as a small-business owner to search my conscience every month to decide whether or not to support my employees,” she said at one point. Where is the conscience of this government, of this social system to support people? Where is the conscience of the country?”.

Cash Management

Modern Restaurant Management

SEPTEMBER 6, 2022

Ahead of this year’s football season, the team at Society Insurance has put together the top four tips on how a restaurant and/or bar can protect themselves, their patrons and their employees as well as create a safer environment for football season and beyond. Make sure your bartenders know when to stop serving patrons.

Bar

Modern Restaurant Management

MARCH 25, 2020

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. Rom Krupp, founder of OneDine has been literally sleeping in his office and giving away his company’s technology for free to save as many restaurants as possible.

Online Ordering

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). And no money means mo' problems.

Cash Management

7 Shifts

NOVEMBER 22, 2021

Highlight the key points here that you need readers to understand, mainly what type of restaurant you are launching or expanding, how much funding you need and for what purposes, and why your restaurant will be successful. The Small Business Administration (SBA) is a division of the United States federal government. Table of Contents.

Document

Modern Restaurant Management

AUGUST 5, 2020

and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform.

Food Safety

7 Shifts

AUGUST 18, 2024

An alternative is to buy an existing bar that is up for sale. Another option is to look into government programs that might offer financial assistance for small businesses. Opening and owning a bar is one of those unique life experiences; you have no idea what it will be like until you actually go for it. How Do I Run a Profitable Bar?

Bar

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?

Point of Sale

Restaurant365

NOVEMBER 30, 2021

For many restaurants, the weekend provides significantly higher sales levels than a weekday. The ACA requires employers to offer full-time employees compliant health insurance coverage and document this offer for the IRS. Your payroll solution can impact hiring, onboarding, employee payments, taxes, and overall business health.

Restaurant Law

Modern Restaurant Management

AUGUST 10, 2020

Less revenue for businesses and income for individuals means less tax dollars for federal and state governments. Given the budget deficits faced by federal and state governments, taxing authorities are likely to begin encountering increased pressure to collect more revenue. Payroll and Sales Tax Overview. On July 13, the U.S.

Audits

Restaurant365

DECEMBER 17, 2019

Instead, gradual sales growth will help your business gain traction and develop a solid foundation. Recurring restaurant costs would include costs like lease or mortgage payments, employee salaries, food and beverage costs, utilities, insurance and permits. Costs of Opening and Running a Restaurant. Restaurant Startup Costs Breakdown.

Point of Sale

Restaurant365

AUGUST 19, 2020

Successful restaurant owners and operators don’t just provide great food. For food service and hospitality in particular, an essential part of the guest experience is the interaction with employees. The people piece of the puzzle can be challenging for restaurants. Human resources and payroll overview. varying wage and tip income regulations.

Restaurant Law

Restaurant365

MARCH 30, 2020

If you haven’t been doing delivery before this point, even if you are using your own team, there are barriers to entry including: Securing equipment (like hot bags, to-go packaging). Expanding “off-premise” insurance coverage. Start with the following: Revisit your insurance policy. Completing staff training.

Delivery

Touch Bistro

AUGUST 11, 2021

hour for employers grossing <$110,000 in annual sales and not covered by FLSA). if the company provides health insurance). hour (for businesses grossing >$319,000 per in annual sales). hour if a company has >10 employees or grosses >$100,000 in sales). Georgia: $7.25/hour Hawaii: $10.10/hour. Indiana: $7.25/hour

2021

Restaurant365

AUGUST 21, 2020

Successful restaurant owners and operators don’t just provide great food. For food service and hospitality in particular, an essential part of the guest experience is the interaction with employees. The people piece of the puzzle can be challenging for restaurants. Human resources and payroll overview.

Blog

Aaron Allen & Associates

FEBRUARY 26, 2020

Just as banks and governments occasionally conduct stress tests to model scenarios and validate the stability of their systems under pressure, restaurant chains (and their investors) should endeavor to objectively pressure test their P&L — with increasing rigor and frequency.

Point of Sale

Clover - Restaurants

MARCH 26, 2024

Your local or state government may also offer some relevant resources. Thousands of food and beverage makers across the United States use cottage food laws to sell edible or potable items they’ve made in their own homes. But it’s tricky: The laws vary by state and can even vary by county or city. on weekdays and before 8 a.m. on weekends).

Food Truck

Apicbase

JANUARY 28, 2025

The Autumn Budget is a key financial statement from the UK government. It outlines the governments plans for taxation, public spending, and economic priorities for the upcoming fiscal year and beyond. This sharp rise in expenses puts significant pressure on profit margins for restaurants and pubs. No one welcomes a tax increase.

2024

Open for Business

DECEMBER 12, 2023

Then, when you get to the point when you’re ready to retain an attorney, you already have someone that’s familiar with you and your concept,” Roberta Economidis, Founding Partner at GE Law Group. All liability with respect to actions taken or not taken based on the contents of this article is hereby expressly disclaimed.

Back of House

Modern Restaurant Management

JULY 27, 2020

In this edition of MRM News Bites, we feature sobering statistics from Yelp, a ghost kitchen franchise model, franchise explosions expected and falling for for an improved PSL. Yelp Sees COVID Effect. YEA reflects data from millions of local businesses and tens of millions of users on Yelp’s platform measuring U.S. “As U.S.

Franchise

Modern Restaurant Management

AUGUST 16, 2021

The second quarter of this year reflects a period during which state and local governments lifted pandemic restrictions, restaurants reopened, people got vaccinated, and consumers used restaurants more than they did throughout the pandemic, reports The NPD Group. The State of the Restaurant Industry. foodservice industry. “The U.S.

2021

EATER

MAY 24, 2021

You’re harming your own community , the argument goes, as if a building protected by insurance is a community. To him, that was the point of a space like this — to nourish and support the community, and to bring people together. One year later, he’s working to rebuild for the community. I don’t know. Riz Prakasim: No, I was sleeping.

Agriculture

EATER

SEPTEMBER 1, 2020

Building an equitable restaurant — where all workers are paid fairly, have benefits, and work without discrimination — will require undoing the way most restaurants are run. The only ethical restaurant I have ever heard of is on Star Trek: Deep Space Nine. And can simply changing the ownership structure provide that? It’s not a lot of stock.

Restaurant Law

EATER

JANUARY 3, 2022

The pandemic has changed the way restaurants need to operate on every level and, a recent book argues, many of these changes are ones restaurateurs should have considered well before a global crisis forced their hands. To suss out not which chefs are good and which are bad, but what ideas and what kinds of workplaces are worth supporting.”.

Food Truck

EATER

APRIL 27, 2021

She and many advocates hope this moment becomes a turning point for an industry with a notoriously vulnerable workforce and offers workers leverage to get the benefits and wages they’ve been asking for. So I want to hear your perspective on the labor shortage and what this situation is from a worker’s point of view.

Front of House

Modern Restaurant Management

MAY 5, 2020

In this edition of MRM News Bites, we have tech investments, new products, charitable endeavors and more. Yelp Reimagines Business Owner Platform. COVID-19 Business Highlights Badges : As an extension of the Business Highlights product, Yelp introduced new badges that help businesses showcase their availability and offerings during COVID-19.

Guest Recovery

EATER

JULY 22, 2021

Chef Russell Jackson opened the fine dining restaurant Reverence in Harlem just months before the pandemic began. Chefs Russell Jackson and Ian Boden struggled to reconcile their visions of fine dining with their communities’ desires. Chef Russell Jackson was tired. He let out a sigh, rubbing his hands over his face, dusty with five-o’clock shadow.

Fine Dining

Modern Restaurant Management

OCTOBER 15, 2019

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features dismal restaurant sales traffic, best foodie cities , top breakfast foods in America, food fraud and why Brits love chicken shops. For the first time in two years, growth was negative during the third quarter of 2019 with same-store sales growth of -0.4

2019

EATER

MAY 26, 2020

And yet, the government on both the local and federal levels insist this is the only way; people need to work, they say, the economy needs to keep moving, and everyone needs to feel a sense of normalcy. So why is it happening? I dream of eating in restaurants. Many states are advertising that fantasy as the truth. I can’t wait!”.

Fine Dining

EATER

MAY 4, 2021

America’s food culture is at a turning point. Pandemic-related shutdowns proved just how fragile the restaurant ecosystem has always been, while last summer’s protests put a spotlight on the work still needed to dismantle white supremacy in all aspects of American life, especially in an industry built on a history of racism and inequity.

2021

EATER

JUNE 28, 2021

Restaurants operate on razor-thin margins in the best of times, so losing as much as 30 percent of profits on every sale was never going to work long-term for the majority of restaurants. Some have gotten relief from the government, but others are still pleading. It might not be the last — but it also might not work.

Delivery

Margin Edge

APRIL 16, 2020

In short order, we hope to have three additional posts covering the impacts of unemployment insurance on the PPP, creative and high impact ways to deploy your PPP funds, and the specifics around documentation as you begin to think about reimbursement. You can restore your full workforce at any point before June 30th.

Government

Foodable

APRIL 22, 2020

In this special episode of The Barron Report , host Paul Barron breaks down the proposal’s key points and explores next steps for the industry at large. Federal relief for the employer portion of unemployment insurance costs. Three Key Points: The proposal uses the latest data on estimated 2020 industry losses.

Specials

EATER

APRIL 20, 2021

government will finally start disbursing targeted aid to one of the hardest-hit sectors of the U.S. government will finally start disbursing targeted aid to one of the hardest-hit sectors of the U.S. No firm date has been set. After that, everyone else will be able to apply.

Food Truck

Aaron Allen & Associates

MARCH 19, 2020

March 18, 2020 Subway Reduces Franchisee Royalties by Half Expecting at least two months of steep sales declines, Subway — the largest fast food chain measured by number of units — reduces royalties and ad funding by 50% for its franchisees, in addition to offering to support operators with rent abatement, reduction, and deferral.

2020

Aaron Allen & Associates

MARCH 19, 2020

March 18, 2020 Subway Reduces Franchisee Royalties by Half Expecting at least two months of steep sales declines, Subway reduces royalties and ad funding by 50% for its franchisees, in addition to offering to support operators with rent abatement, reduction, and deferral. Ignoring macro risks is riskier than ever. March 19, 2020.

2020