Paper Chase Accountancy

JUNE 30, 2025

Navigating the financial landscape of the hospitality industry can be a bit like trying to keep a soufflé from collapsing. Key Takeaways Understanding hospitality accounting is crucial for efficiency, profitability, and making informed business decisions in restaurants and bars. Let’s proceed to uncover that secret.

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Bar Cash Management Hotels Inventory 82

Modern Restaurant Management

MARCH 11, 2025

From a legal perspective, Insurance : the pandemic highlighted the limitations of insurance policies. Several high-profile restaurant groups brought litigation against insurance companies for their coverage position, but were ultimately unsuccessful. We’re officially the bachelorette capital of the country.

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Mobile Ordering Kitchen Safety Fine Dining Food Safety 418

Perfect Daily Grind

JULY 4, 2025

Former Sweaty Betty VP of Marketing Ruth Mann will lead brand awareness, customer engagement, and marketing campaigns across Gail’s 160 UK bakery‑cafés in her first hospitality role. (Washington, DC, US) Fri, 4 Jul – Gail’s Bakery names new Marketing Director. London, UK) Fri, 4 Jul – Taiwan’s Louisa Coffee to build 11‑storey headquarters.

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PathSpot

JULY 1, 2025

We are delighted to announce our new collaboration between Rainbow Insurance and PathSpot Technologies. Bringing together state-of-the-art food safety innovation with highly specialized insurance solutions tailored for restaurants, cafes, and hospitality businesses. Claim Your Benefit Today!

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Kitchen Safety Food Safety Insurance Allergens 45

Society Insurance

MARCH 4, 2025

A $10 million lawsuit would be the nail in the coffin for nearly every hospitality business. Society Insurance has spent 110 years helping protect businesses and has seen firsthand how nuclear verdicts have evolved in the U.S. This information does not amend, modify or supplement any insurance policy. Recent data shows that U.S.

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SpotOn

OCTOBER 25, 2024

In the 20 years that Don Pirone has worked in restaurants, he has learned that the hospitality industry is a numbers game. Clearing downed Bud Light bottles and empty glasses of the house red, Don came away with a positive impression of the hospitality industry that he carried with him through college.

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Front of House Back of House Coaching Beverage 52

Modern Restaurant Management

MARCH 12, 2025

A $10 million lawsuit would be the nail in the coffin for nearly every hospitality business. Society Insurance has spent 110 years helping protect businesses and has seen firsthand how nuclear verdicts have evolved in the U.S. This information does not amend, modify or supplement any insurance policy. Recent data shows that U.S.

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Food Safety Insurance 2013 2024 373

Modern Restaurant Management

MAY 7, 2025

We have compiled best practices for bars, restaurants and other hospitality establishments to help protect their businesses against hail storms and other natural seasonal disasters to avoid costly storm damage insurance claims. This can be hazardous to you, your employees, patrons and the building.

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Modern Restaurant Management

DECEMBER 26, 2024

For more than 100 years, Society Insurance has been providing coverage to hospitality businesses. To commemorate the start of 2025, we compiled four trends that could dominate conversations surrounding hospitality businesses longevity this year. This information does not amend, modify or supplement any insurance policy.

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2025 Hospitality Insurance Restaurant Law 221

Modern Restaurant Management

JUNE 1, 2020

The hospitality industry, in general, and restaurants in particular, face many different types of risk. What Risks Does The Hospitality Sector Face? For example, the COVID-19 pandemic hit the hospitality industry by surprise. Insurance coverage is an excellent resource to have as part of your risk response strategy.

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Modern Restaurant Management

MAY 25, 2021

At the time, this industry was trying to discern what the right ‘next’ move was to mitigate the long-term effects of a shuttered hospitality industry. The biggest challenge the hospitality industry faced was the need to pivot their business model without having any preparation or guidance on how to do so. The Road Forward.

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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. With the guidance of a skilled agent that is well educated in the hospitality industry, bar and restaurant owners should be able to let the experts lead the way.

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Bar Insurance Employee Relations Certification 482

Modern Restaurant Management

DECEMBER 16, 2021

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. It isn’t unemployment benefits giving employees pause: it’s underappreciation.

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Modern Restaurant Management

JULY 16, 2021

In this changing environment, the right and adequate amount of insurance protection has never been more important. There’s a price for the unrelenting barrage of natural disasters, and it’s making excess liability insurance hard to find above standard liability limits.

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Management Management Insurance Kitchen Safety 474

Modern Restaurant Management

JULY 14, 2023

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.

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Insurance Food Safety Employee Relations Small Business 221

Modern Restaurant Management

JANUARY 2, 2024

. – Jay Fiske, President, Powerhouse Dynamics The Future is here – Robots will become a larger part of society In 2024, I anticipate an increase in the number of robots deployed in the hospitality industry, especially in terms of cleaning, cooking and security robots. The hospitality industry suffers the most from labor shortages.

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Modern Restaurant Management

FEBRUARY 24, 2022

The hospitality industry took a massive hit in the height of the pandemic; while certainly not the only segment of our economy that got a smackdown, it seems the punches are never-ending. Companies within the hospitality zone cannot fix the core issue, which is a gross lack of workers wanting jobs in our industry.

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Modern Restaurant Management

DECEMBER 21, 2023

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. Society Insurance bears no responsibility for the accuracy or content of linked or cited material. Picture this – it’s 5 a.m.

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Modern Restaurant Management

SEPTEMBER 21, 2021

This is the appropriate strategy for a smaller operator with a single restaurant or with a limited number of restaurants that has to be fully insured. In addition, a hospitality company needs to understand how their carrier partner can assist with growth. The brokerage approach focuses on a simple analysis of per unit cost.

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Modern Restaurant Management

MARCH 16, 2020

." Steven Hall, president of Hall PR and co-founder of the campaign, added, "This is a tremendous opportunity for the community to show their love and support for the hospitality industry and to ensure the future of their favorite restaurants, not to mention the many people who may be forced out of work. and Canada.

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Food Safety Kitchen Safety Small Business Employee Relations 585

Modern Restaurant Management

DECEMBER 23, 2021

While businesses in the hospitality industry provide a fun and relaxed atmosphere for clientele to briefly escape their everyday routines, it’s also their responsibility to keep their patrons safe. Shockingly, the average cost of a bar fight claim is $109,678.25 (based on Society Insurance information). 31 and beyond.

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Insurance Restaurant Law Point of Sale Training 531

Modern Restaurant Management

MAY 18, 2022

In 2021, smaller plans that are often fully insured (fewer than 500 participants) saw a 9.6-percent Voluntary supplemental insurance plans, accident, critical illness, and hospital indemnity for example, remain popular in the restaurant sector. With the rise in the general inflation rate, will it be this low? This compared to 5.0

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Insurance 2022 2023 Technology 531

Culinary Cues

SEPTEMBER 30, 2024

During an election year there is always a focus on what both parties call: “kitchen table issues” – the cost of groceries, mortgage, insurance, child-care, energy, and education, and how much is left for disposable income to be spent on the things we would like to do vs. what we have to do. This is not a place where restaurants want to live.

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Pricing Marketing Insurance Seasonal Menu 415

Modern Restaurant Management

MARCH 13, 2020

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? Click here to learn about hospitality-specific programs.

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Healthcare Consumer Goods Insurance Small Business 460

Modern Restaurant Management

JULY 1, 2020

shows that consumers feel safer when hotels and restaurants raise their cleaning protocols to include hospital-grade disinfectants and third-party audits. Hotel guests said they feel “extremely safe” knowing a hotel room is cleaned with hospital-grade disinfectants compared to leading consumer brands1.

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Modern Restaurant Management

FEBRUARY 3, 2021

restaurant industry has a loaded plate as 2021 picks up steam – especially from an insurance and financial protection point of view. “The prospects for fine dining and sit-down restaurants are going to remain strained for all of 2021,” said Doug Groves, founder at Program Insurance Group, in College Station, Tex.

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Insurance 2021 Restaurant Law Fine Dining 531

Modern Restaurant Management

OCTOBER 19, 2023

What may be overlooked within it are risk and insurance issues. Many franchisors have dedicated staff in charge of maintaining the FDD, although tech solutions are increasingly available, offering efficient, integrated and customizable tools for managing insurance and compliance requirements. And there’s a lot of value to that.

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Insurance Franchising Franchise Document 251

Modern Restaurant Management

NOVEMBER 16, 2023

Lack of health insurance isn’t considered one of the major reasons the hospitality industry has, according to the U.S. One of the major ways to invest in employees is through health insurance, something only about 30 percent of restaurants provide. Bureau of Labor Statistics, a churn rate north of 70 percent.

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Insurance Employee Relations Reference Small Business 309

Modern Restaurant Management

JUNE 14, 2022

Since that publication, there’s even more disturbing news: a recent Wall Street Journal article noted that due to the high cost of labor, hospitals are considering significant cost increases—even considering breaking current PPO contracts.

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Insurance 2022 2023 Article 457

Modern Restaurant Management

DECEMBER 27, 2023

Another growing risk: nuclear verdicts over dram shop law violations, driving up the costs of liquor liability insurance. It’s a continuing problem into 2024 for establishments that serve, making it critical to have adequate liquor liability insurance. Here’s an overview. But it’s hard to get and very costly.

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2024 Insurance Recruiting Restaurant Law 294

Modern Restaurant Management

MARCH 10, 2020

Additional research by Perkbox , an organisation that focuses on employee satisfaction, found that 64 percent of hospitality workplaces don’t offer any solutions to alleviate feelings of stress. A lot of young transitional workers are in the catering industry, so there aren’t many benefits such as health insurance.

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Catering Insurance Small Business Sourcing 404

Modern Restaurant Management

NOVEMBER 8, 2022

Workers’ compensation data shows an uptick in the number of new employees injured on the job, especially in the hospitality and food service industries. New Employees Have More On-the-Job Injuries.

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Management Management Food Safety Hiring 504

Modern Restaurant Management

FEBRUARY 26, 2021

Maneet Chauhan, James Beard award-winning chef, TV, co-founder of Morph Hospitality Group and author of Chaat, said restaurants need to make sure employee’s mental health and safety is top of mind. I think that anyone that explores those things, gains a lot of clarity of their past and gives them tools to grow in the future.”

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Employee Relations Healthcare Insurance Communication 450

Modern Restaurant Management

JULY 6, 2020

Here are six areas that often create risks for restaurants and others in the food and hospitality industry: Onboarding New Employees : You may know employers are required to verify new employees’ identity and employment authorization, but federal law imposes strict requirements for doing so, and documenting compliance can be tricky.

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Restaurant Law Document Insurance Hiring 482

Modern Restaurant Management

MARCH 9, 2023

Though businesses in the hospitality industry provide a fun and relaxed atmosphere for clientele to briefly escape their everyday routines, it’s also their responsibility to keep their patrons safe. This information does not amend, modify or supplement any insurance policy. Patrick’s Day and year-round.

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Bar Insurance Restaurant Law Point of Sale 450

Modern Restaurant Management

NOVEMBER 13, 2020

Nair, a partner at Ervin Cohen & Jessup LLP compiles recent legal news affecting the restaurant, food and beverage and hospitality industries for Modern Restaurant Management (MRM) magazine. Election Results. Voters in several states passed propositions that will affect the food and beverage industry.

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2020 Restaurant Law Food Safety Food Order 474

Modern Restaurant Management

AUGUST 5, 2020

“With both bringing more than 20 years experience to their roles, we know that their deep hospitality technology expertise, customer-centric approach and unique insights will help propel our business into the future.” ” Ervin Cohen & Jessup Launches Food, Beverage and Hospitality Practice.

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