The Food Corridor

SEPTEMBER 14, 2020

The way to mitigate the risk is to take out a robust insurance policy. However, anyone who’s dealt with an insurance broker probably knows how painful this experience can be. An insurance company’s job is to calculate risk and figure out how much to charge you based on the risk level of your business.

Insurance 52

Insurance Food Truck Food Catering 52

Modern Restaurant Management

MAY 14, 2021

As part of its effort to hire 20,000 new team members, Chipotle is increasing restaurant wages resulting in a $15 average hourly wage by the end of June. They are looking to hire 10,000 new employees over the next three months. Many are not expecting labor to normalize until unemployment insurance also returns to normal.”

Hiring 135

Hiring Employee Relations Recruiting Education 135

Lavu

SEPTEMBER 29, 2023

million, while the number of hires was 1.3 This means that there were 600,000 more job openings than hires in the food services and drinking places industry in July 2023. Some owners have had to take on multiple roles themselves or hire unqualified staff, affecting the quality of service and customer experience.

Loyalty Program 166

Loyalty Program Front of House Mobile Ordering Customer Service 166

Culinary Cues

AUGUST 28, 2020

I don’t know what that means for your operation but take an inventory and look for the sensual interaction with guests. If you view your staff members as interchangeable parts then they will always look for a better opportunity somewhere else, or feel that unemployment insurance is a better option.

Social Media 440

Social Media Communication Loyalty Program Training 440

Modern Restaurant Management

DECEMBER 16, 2021

Tackle the Labor Shortage with Hiring Incentives. This is why next year, operators will offer more benefits like hiring incentives, higher hourly wages, health insurance, paid time off, earned wage access (EWA) and more to not only hire fresh labor, but retain top talent.

2022 182

2022 Hospitality Loyalty Program Point of Sale 182

MBB Hospitality

APRIL 14, 2023

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. This includes the necessary permits and insurance that need to be in place. A business license may also be required.

License 52

License Food Supply Insurance Small Business 52

Restaurant365

NOVEMBER 30, 2021

Your payroll solution can impact hiring, onboarding, employee payments, taxes, and overall business health. The ACA requires employers to offer full-time employees compliant health insurance coverage and document this offer for the IRS. You may not know if an employee will meet the full-time qualification at the time you hire.

Restaurant Law 146

Restaurant Law Audits Point of Sale Insurance 146

The Restaurant Times

JANUARY 23, 2022

Invest in stock and inventory management software to easily keep track of your raw produce. . Creating Your Menu & Hiring Right. Once your menu is sorted, you will have to hire the right people to help you execute your business effortlessly. Get Insured. General insurance . Commercial automotive insurance .

Catering 75

Catering License Insurance Food Supply 75

Restaurant365

NOVEMBER 18, 2021

From hiring and onboarding to running employee payments and paying taxes, payroll touches on many different parts of a restaurant business. Your restaurant orders, receives, and counts food all in one system: your inventory management software. Most restaurant owners and operators are feeling the pinch of a competitive hiring field.

Employee Relations 148

Employee Relations Cash Management Point of Sale Front of House 148

Society Insurance

SEPTEMBER 28, 2022

Always hire a professional to do inspections and repairs. Roof leaks can damage ceilings and weaken a building’s integrity which can lead to damage to the building, inventory, contents and business interruption until the leak(s) and roof have been repaired. Society Insurance Protects Your Business.

Insurance 52

Insurance Events Equipment Inventory 52

Hot Schedules

MARCH 31, 2020

Impact on Unemployment Insurance. Employees who experience reduced hours, furloughs, or layoffs should be encouraged to file for unemployment insurance as soon as possible. Managing Inventory in the Days of COVID-19. Managing inventory these days can be a real challenge. read more.

Website Management 120

Website Management Employee Relations Insurance Small Business 120

Restaurant Clicks

JANUARY 9, 2020

Apply for Permits, Licensing, and Insurance. Hire Restaurant Staff. Have a good idea of what style of food you plan to serve, what ingredients you’ll need, and how much you’ll spend on food inventory. . Apply for Permits, Licensing, and Insurance. You’ll also need insurance for your new business. Plan Your Menu.

License 78

License Equipment Website Management Hiring 78

Restaurant365

AUGUST 19, 2020

Tailor your hiring and recruiting practices. The first step in reducing high turnover is to examine your hiring and recruiting practices. How are you communicating with your potential new hires? There are many moving parts to hiring and recruiting. Do they understand the expectations for the role? Reporting is required.

Restaurant Law 131

Restaurant Law Recruiting Employee Relations Food Safety 131

Harbor Touch

NOVEMBER 21, 2022

Also, understand all the costs associated with opening a bar such as insurance, licenses, staffing costs , etc. On the other hand, you may need to hire a manager and/or assistant manager to help with the day-to-day operations. There may be special licenses or permits you will need in order to open your bar.

Bar 78

Bar License Restaurant Law POS 78

Lavu

JANUARY 21, 2020

Hire a Professional Specializing in Restaurant Accounting. For an effective accounting process, you need to hire the right accountant for your restaurant business. The system will help you track your labor and inventory costs, methods of payment, and other important information. . Track Restaurant Inventory.

Point of Sale 78

Point of Sale Inventory Restaurant Law Front of House 78

The Restaurant Times

APRIL 7, 2022

Hiring and training staff . Buying insurance. Hiring And Training Staff. After hiring, it is important to train them. Detailed reporting: It gives detailed reports about daily sales, stock consumption and helps in inventory management. You will need capital for-. Buying/renting property. Managing daily operations.

Fine Dining 52

Fine Dining Dine-in License Point of Sale 52

Lavu

NOVEMBER 8, 2019

Even if you hire outside accountancy assistance, it’s wise to have a strong understanding of the basic accounting practices for restaurants. The costs should be built into your menu prices so that at the end of the year, you are not in the red for forgetting the insurance fees or the cost of replacing glassware. Commissions.

Management 85

Management Management Food Truck Cash Management 85

The Restaurant Times

DECEMBER 15, 2021

Insurance & working capital. Stock and Inventory Management is crucial to running a restaurant smoothly. Hiring Right For Your Casual Dining Restaurant . To build a well-performing restaurant team, you need to determine which roles you need to hire for. Efficiency is key to hiring the best restaurant employees.

Casual 52

Casual Dine-in License Hiring 52

Restaurant365

AUGUST 21, 2020

Tailor your hiring and recruiting practices. The first step in reducing high turnover is to examine your hiring and recruiting practices. How are you communicating with your potential new hires? There are many moving parts to hiring and recruiting. Do they understand the expectations for the role?

Blog 78

Blog Restaurant Law Recruiting Employee Relations 78

BNG Point of Sale

SEPTEMBER 2, 2021

The costs in this budget include the rent payments, the salaries, insurance, property taxes, and everything else. These expenses include all utility costs associated with production, such as power and gas, as well as employee wages, raw materials inventory, and sales commissions. Business insurance . Inventory management .

Employee Relations 52

Employee Relations License Point of Sale Food Supply 52

The Rail

NOVEMBER 29, 2023

This can be achieved by hiring DJs or live bands that specialize in various music styles -- such as jazz, rock, or country -- to appeal to a certain set of your patrons on given nights. There are many great vendors with high standards and appropriate inventory. One great option is to work with a third-party game vendor/operator.

Entertainment 59

Entertainment Bar Equipment Sports 59

EATER

JANUARY 21, 2021

Now, small restaurants no longer need to hire delivery personnel themselves, with many instead choosing to strike a deal with one of the apps, which in turn would connect the restaurant with an independent contractor to pick up and deliver the food.

Delivery 129

Delivery Customer Service Food Order Online Ordering 129

Touch Bistro

AUGUST 11, 2021

if the company provides health insurance). You’ll also need to adjust payroll for higher contributions to workers’ compensation and liability insurance. When you analyze sales data alongside the cost of your inventory, you can increase prices of high-volume, high-margin items only. Montana: $8.75/hour Nebraska: $9.00/hour

2021 98

2021 Restaurant Law 2022 Seasonal Menu 98

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. These are your fully burdened labor costs and must be used in your labor analysis. Labor Cost Control: Conclusion.

Point of Sale 78

Point of Sale FOH Front of House Back of House 78

EATER

AUGUST 16, 2023

It wasn’t just me that was affected: In late 2019 I had hired a COO and a brand ambassador. My COO stayed on, unpaid but on the company’s health insurance plan for another year, while we had to let the brand ambassador go in the middle of the summer of 2020. I never secured additional funding. In a crucial way, it was.

Point of Sale 95

Point of Sale Front of House Back of House Online Ordering 95

Modern Restaurant Management

AUGUST 31, 2021

With the laundry list of everything bar and restaurant owners need to handle on a daily basis, proper insurance coverage should be top priority. Proper communication with the insurance agent about all the ins and outs of the restaurant can help set up the policy right from the get-go.

Bar 172

Bar Insurance Employee Relations Certification 172

SpotOn

MARCH 25, 2024

Licenses and permits  Every restaurant business has a lengthy list of licenses and insurance needed to open, serve your guests, and protect your business. When you have found the perfect commercial space, hire an attorney specializing in negotiating lease terms. Have enough food inventory on hand so you don't run out.

License 52

License Insurance Point of Sale Equipment 52

7 Shifts

MAY 11, 2020

Run through our guide to reopening your restaurant to plan your labor, inventory, marketing, and more so you can reopen with a bang. With many restaurants opening at the same time, there are bound to be delays in delivery of supplies and inventory, so it’s better to get ahead. Suppliers: ??

BOH 368

BOH FOH Food Safety Equipment 368

OpenTable

JULY 8, 2022

Whoever you hire must have extensive experience in working with the specific type of restaurant you’re planning to open. Opening inventory of all food & beverage. The amount of flexibility you have if you sell or transfer the business. How investors get paid back. The protection of intellectual property. Kitchen equipment.

Back of House 52

Back of House Front of House Restaurant Law Fine Dining 52

7 Shifts

JULY 12, 2023

I have to do one or the other and it doesn't make sense to hire someone at Poppy + Rose when I can do this. But then when we had to reset and when we started hiring for Poppy & Seed, that's when it really became apparent that we really needed to start focusing on our employees' type of, like their health. What are we going to do?

Front of House 370

Front of House Back of House Take-out Book 370

7 Shifts

MAY 26, 2021

Here's how you can spend your PPP funding in 2021: Payroll: Salaries, wages, tips, commissions, employee benefits, group insurance benefits, and paid leave. Property damage costs: Costs for damages incurred from 2020 civil unrest that your insurance didn't cover. Qualifying for PPP Loan Forgiveness. Where to Apply for a PPP Loan.

2021 195

2021 Cash Management Document Employee Relations 195

Modern Restaurant Management

SEPTEMBER 25, 2020

Gorlie’s initial investment on the Vet Chef’s opening day was $41,200, and that includes the food inventory for their first service. While you’ll likely want to hire someone to help take orders, you can realistically manage with a single part-time employee. Why Is a Food Truck a Smart First Step?

Food Truck 230

Food Truck Food Food Safety Point of Sale 230

Apicbase

JUNE 16, 2023

By regularly tracking his inventory and procurement metrics, Fabio was able to reduce his kitchens’ food costs by 18%. Get a 360-view of your sales & inventory data Adopt restaurant analytics software. Inventory Turnover Ratio This restaurant inventory metric measures how often your business depletes its total inventory.

Point of Sale 52

Point of Sale Inventory Waste Employee Relations 52

Sling

OCTOBER 15, 2020

In general, part-time employees don’t receive benefits, such as health insurance, paid time off , retirement, and stock options. As an employer, you are required to withhold income taxes and Federal Contributions Insurance Act (FICA) taxes from every employee. 3) Hiring Both Types Of Employees. 4) Benefits. 6) Job Security.

Hiring 78

Hiring Definition Insurance Website Management 78

Modern Restaurant Management

JUNE 12, 2020

Dunkin' Hirin' As more of America opens up, Dunkin’ franchisees are seeking to hire up to 25,000 new restaurant employees at Dunkin’ locations, from front-counter to restaurant management, creating immediate jobs that offer long-term education benefits and key career skills for people all across the U.S.

Franchise 138

Franchise Franchising Food Safety Kitchen Safety 138

360Training

JULY 16, 2020

But salaried managers at popular restaurants typically get an insurance package, paid vacation, 401k matching, and a bonus program. . On top of that, you need to calm down upset customers, manage staff, replace employees in a high-turnover industry, secure the right amount of inventory, and keep the business profitable.

Management 88

Management Management Food Front of House 88

Modern Restaurant Management

AUGUST 5, 2020

In recent months, they have been advising clients on issues ranging from Paycheck Protection Program (PPP) loans to reducing and rehiring employees to recovering losses from insurance companies and renegotiating leases. Selvin (insurance and business interruption) and Elliot N. Other members of the new practice include: Randy S.

Food Safety 197

Food Safety Mobile Ordering Online Ordering Kitchen Safety 197