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Staying on Top of FDD Requirements for Risk and Insurance

Modern Restaurant Management

Even experienced operators know that navigating the compliance requirements laid out by each state’s franchise registration rules isn’t easy. What may be overlooked within it are risk and insurance issues. Risk and insurance should be top on the list. Franchisees must specify the franchisor as an additional insured.

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Prepared to Win the War on Talent? Four Trends for Restaurant Operators to Consider in 2022

Modern Restaurant Management

Despite external pressures on talent, ample opportunity exists for restaurant operators to prepare for a year of constant change. With 2021 nearly wrapped up, restaurant operators across the country are looking to the New Year with cautious optimism. For leaders in the restaurant and hospitality industry, now is the time to adapt.

2022 193
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Despite Improved 2024 Outlook, Labor, and Other Risks May Drag Restaurants Down

Modern Restaurant Management

Stubbornly high interest rates also keep operators squeezed by the cost of money, both long-term debt and revolving credit lines. Another growing risk: nuclear verdicts over dram shop law violations, driving up the costs of liquor liability insurance. One of the impacts will be on employment practices liability insurance in 2024.

2024 114
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NCR Reveals 2022 Hospitality Trends and Predictions

Modern Restaurant Management

Restaurant operators once again find themselves refocusing priorities and altering their plans for 2022. While sales are trending higher, the National Restaurant Association reports three in four operators say recruitment and retention is their toughest challenge. Rely on Technology to Increase Operational Efficiency.

2022 185
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2023 Reflections: The Year That Was in Restaurants, Part Three

Modern Restaurant Management

From the seasoned craft beverage consumer to the newest consumers in the hospitality environment, the favorability toward “fresh,” “local,” and “locally sourced ingredients” is still a profit-driver you don’t want to give up.

2023 120
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Are Your Restaurant Job Descriptions Promoting Your Culture?

Restaurant365

Recruitment (and retention) have long been challenges in the restaurant industry, but operators are currently having difficulty filling unprecedented numbers of open positions. Promoting your restaurant culture is an effective way to recruit the best restaurant employees. Most restaurants are trying to hire right now.

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National Restaurant Association: We Need Help!

Modern Restaurant Management

” The Association proposed three separate categories of protection for industry restaurants and employees: directed/targeted financial relief; loans/insurance options for impacted small businesses; and tax measures. Loans/Insurance Options for Impacted Small Businesses. Federal Loan Program Equal to Lost Revenue.

Insurance 161