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Seven Questions Restaurants Should be Asking About Insurance Coverage

Modern Restaurant Management

You also need to be aware that if your agent can’t elaborate on the specific types of coverage you could need, you may be better served by an agent with restaurant industry knowledge. They should be able to explain why the risks are important to take care of or could potentially cause big issues for your restaurant.

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Restaurant Failure Rate: Why Restaurants Fail And How To Make Yours Succeed

ChowNow

Start with a detailed business plan that lays out every cost, from food costs and equipment to licensing and operating expenses. Before you do anything like sign a lease or hire your wait staff, take the time to do real market research. Create a buffer for unexpected expenses and slow times. Who are your customers ?

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The Cultural Advantage: How International Staff Can Enrich Your Restaurant's Atmosphere

The Rail

Hiring international staff can help you achieve that authentic atmosphere and experience youre looking to give guests. Cultural Diversity Hiring a diverse staff can bring a range of cultural backgrounds to your restaurant. Therefore, ensure that you hire without bias while considering cultural diversity.

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Restaurant Accounting Tips Made Simple: Expert Ways to Boost Profits in 2025

Lavu

Even if you hire a professional to handle all the financial aspects of your business, you need to understand what is involved. You probably joined the industry to make delicious food to serve and create a great environment for your patrons. Your main goal may be to serve great food in a great setting. Your accountant.

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Restaurant Profit Margin: 7 Ways To Actually Make Your Operation More Profitable

SpotOn

This is all the income from your food and beverage sales, catering, branded merchandise, packaged goods, venue hire, etc. These include rent, utilities, licenses, equipment, repairs, credit card processing fees—anything that's not labor or COGS. You should be able to find this data in your POS reporting. Labor costs.

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Coffee News Recap, 18 Jul: Scooter’s Coffee reportedly considering US $1bn sale, China to remove all tariffs on African coffee-producing countries & other stories

Perfect Daily Grind

The Omaha-based roaster and retailer hired advisers to evaluate a potential sale or merger of its roughly 445 outlets across the Midwest, seeking capital for further expansion amid intensifying competition. Washington, DC, US) Thu, 17 Jul – US House of Representatives serves 100% Puerto Rican coffee.

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Hospitality Industry Accounting and Advisory Services: The Path to Sustainable Growth 

Paper Chase Accountancy

General Ledger Management: Maintaining a clean and accurate general ledger, serving as the foundation for all financial reporting. Compliance Expertise: Do they understand the complex tax regulations, labor laws, and licensing requirements unique to the hospitality sector? It’s about finding a partner, not just a vendor.