Remove Hiring Remove Insurance Remove Small Business
article thumbnail

Restaurant Staffing Crisis Solutions: Experts Weigh In

Modern Restaurant Management

According to the latest Yelp Economic Average (YEA) report, there were more new businesses openings than at any other period over the last 12 months and business reopenings are at the highest level since the second quarter of 2020. Two-thirds of new hires signing up for DailyPay. He got creative on how to source employees.

article thumbnail

An Insider’s Advice About Restaurant Insurance: Six Ways to Reduce Your Costs

Modern Restaurant Management

Restaurant insurance is complicated. Just as owners have to play many roles in management, marketing, and menus, their insurance has to protect their finances, patrons, and employees. And who has the time to read a 100-page insurance policy? These are often excluded from standard policies and be potentially costly.

Insurance 221
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2024 Emergency Planning for Restaurants

Modern Restaurant Management

In the hospitality industry, the last thing you want is a phone call from the alarm company at an early morning hour about a fire, break-in or other disaster at your business. Taking proactive measures and having plans in place will allow your business to react quickly to help minimize the impact of an emergency.

2024 474
article thumbnail

The Positives and Pitfalls of Third-Party Ordering 

Modern Restaurant Management

On one hand, TPO services eat into profits, may increase delivery time and have the potential to disrupt business models. Among the benefits, using a TPO service may lessen the burden of in-house delivery, which requires hiring delivery drivers and the cost of additional insurance policies.

Ordering 454
article thumbnail

The Employment Landscape is Messy: How Restaurants Can Ensure Compliance with Limited Resources

Modern Restaurant Management

All restaurant businesses face these risks, even those with a dedicated human resources staff. However, the risks are further amplified for many small and independent restaurants that are navigating the employment law web alone without the benefit of experienced human resources professionals. Why Compliance Matters.

article thumbnail

Think You Can’t Afford to Offer Perks and Benefits to Your Team?  Think Again

Modern Restaurant Management

Do you have trouble hiring or retaining a good team? The hospitality business is particularly hit hard by the war for talent and the turnover is pretty high and difficult to manage. If providing health insurance is not in your budget, what if you were able to give them access to high-quality, truly affordable healthcare?

article thumbnail

How To Cut Restaurant Operating Costs Without Compromising Quality

ChowNow

With the right strategy, you can reduce expenses and strengthen your business at the same time. In the restaurant business, operating costs are the day-to-day expenses required to keep your doors open and your kitchen firingeverything from rent to payroll to the packaging your to-go orders go out in.