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Food Delivery Exposure Best Practices: Tips for Hired and Non-Owned Auto Exposure Controls

Modern Restaurant Management

Consider the following in your risk management and business continuity programs: Use of Food Delivery Services vs. Company Employees – By using a hired food delivery service, a restaurant can reduce the chance of employees having an accident by using their cars or the owner’s vehicles.

Delivery 383
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Defects in Buildings: What Restaurant Owners Need to Know

Modern Restaurant Management

What to Do: Contact a licensed contractor or engineer to evaluate. If you end up hiring someone to perform repairs, make sure they are licensed in your state and have adequate insurance to cover your project. Review your commercial property insurance policy. Make sure repairs are performed correctly.

Insurance 536
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Owning a Bar: Everything You Need to Know

7 Shifts

Hiring a Strong Team You'll need a manager, bartenders, waiters, and security. Find these candidates by hiring slowly: Use platforms like Poached Jobs and AllBartenders.com and ask for referrals by reaching out to family, friends, business partners, and other connections in the hospitality industry.

Bar 370
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The Ultimate Guide to Restaurant Costs

7 Shifts

Your restaurant is different so ensure you find your ideal food cost (discussed later) Labor cost : Roughly 30% of revenue including management salaries of 10% Insurance varies by provider and type. Fixed costs include rent, mortgage, salaries, loan payments, license fees, and insurance premiums.

License 370
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Case Study: How a Food Truck Can Open Doors to Restaurant Ownership

Modern Restaurant Management

While you’ll likely want to hire someone to help take orders, you can realistically manage with a single part-time employee. Owning a food truck introduces you to food safety regulations, licensing, and insurance, but they all get more complicated when you own a brick and mortar restaurant. More self-sufficiency.

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Restaurant Accounting: A Comprehensive Guide

7 Shifts

Step 2: Look for a trustworthy restaurant accountant Even if you already know the restaurant bookkeeping and accounting process well, we suggest hiring a professional accountant to help ensure your business complies with local tax, payroll, federal, and state laws.

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A Comprehensive Guide To Restaurant Profit Margins For All Restaurant Types

7 Shifts

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. However, they do have high startup costs due to the licenses and permits needed to operate.