Modern Restaurant Management

AUGUST 6, 2021

With restaurants clawing back and facing new challenges like vaccine credentials and new COVID variants, it’s a good time to check on an equally important, if less prioritized corner of the American dining and drinking sector – restaurant insurance. ” Key Insurance Issues for Restaurant Owners. Vaccine mandates.

Insurance 493

Insurance 2021 Guest Recovery Point of Sale 493

Modern Restaurant Management

APRIL 23, 2025

At All Solutions Insurance, we saw a recent claim in which a restaurant faced a multi-million-dollar lawsuit after over-serving a guest who later caused a fatal car accident. Secure Comprehensive Liquor Liability Insurance : Despite taking precautions, alcohol-related incidents can still happen.

Serving 377

Serving Restaurant Law Employee Relations Insurance 377

Modern Restaurant Management

APRIL 21, 2020

In addition, most restaurants should have business interruption insurance, and that insurance may provide some relief from economic pain. Business interruption insurance covers the loss of income that a business suffers after a disaster. Gather Your Complete Insurance Policy. ” That’s just not true.

Insurance 542

Insurance Government Document Restaurant Law 542

Modern Restaurant Management

JUNE 23, 2021

But now as the cloud of COVID is starting to lift and things are going back to normal, it’s important to assess whether those things are actually covered on a restaurateur’s insurance plan. Reviewing current sales can help restaurant owners better reflect numbers to date, which can save them some money on their insurance.

Insurance 414

Insurance Bar Hiring Customer Service 414

Modern Restaurant Management

MARCH 31, 2020

For that reason, restaurant and business owners typically carry business income coverage, also referred to as business interruption coverage, which is insurance coverage intended to replace lost income in the event business is halted or interrupted for some reason, such as a natural disaster.

Insurance 305

Insurance Government Employee Relations Small Business 305

Modern Restaurant Management

JANUARY 2, 2025

A beer and wine license allows restaurants to craft a unique cocktail menu featuring wine-based liquors without the need for liquor insurance or the extensive paperwork associated with a full liquor license.

License 472

License Loyalty Program Innovation Customer Service 472

Modern Restaurant Management

MARCH 3, 2025

Variety of Voluntary Benefits : Voluntary benefits can include personal insurance policies like pet, travel, car and homeowners’ insurance, with a discount for enrolling in coverage. In fact, 69 percent of employees rank pet insurance as the most significant voluntary benefit an organization can offer.

Insurance 412

Insurance Healthcare Small Business Leadership 412

Modern Restaurant Management

DECEMBER 16, 2024

Simplify Health Insurance Open Enrollment Health insurance is one of the most valuable benefits you offer, so make open enrollment a central, streamlined year-end activity.

2025 449

2025 Restaurant Law Audits Employee Relations 449

Modern Restaurant Management

JULY 15, 2022

The most important thing new owners should know about insurance coverage is that it’s a vital part of running their business. However, having proper insurance coverage is a huge part of protecting the business, and the ownership, in the case of an accident or incident. Getting insurance coverage is not just a box to check.

Insurance 450

Insurance Restaurant Law Hospitality Education 450

Modern Restaurant Management

OCTOBER 11, 2024

Benefits and Protections Full-time employees are often entitled to benefits such as health insurance, paid leave and retirement plans, whereas part-time and temporary employees may not be. Relationship of the parties − are there written contracts or employee-type benefits, such as a pension plan, insurance or vacation pay?

Audits 418

Audits Employee Relations Restaurant Law Document 418

Modern Restaurant Management

OCTOBER 22, 2024

The former are entitled to benefits such as minimum wage, overtime pay and workers’ compensation insurance. Independent contractors, meanwhile, may not get these benefits in exchange for having more freedom and control over their work, while holding responsibility for their own taxes and insurance.

Restaurant Law 332

Restaurant Law Tip Distribution Fine Dining Insurance 332

Modern Restaurant Management

NOVEMBER 11, 2019

It is important for restaurant, tavern and bar owners to have the right insurance, however, there are so many different types of policies, and even when you zero in on what is needed, the options are often complex and difficult to compare. A non-admitted insurance company has not been approved by the state’s insurance department.

Insurance 330

Insurance Bar License Entertainment 330

Modern Restaurant Management

NOVEMBER 18, 2024

Society Insurance outlines five reasons why every business owner should have an effective video surveillance system. Video Surveillance is Powerful Evidence for Injury Claims Slip and fall injuries are the number one source of liability (customer) and employee loss for Society Insurance policyholders.

Insurance 389

Insurance Back of House Restaurant Law Information 389

Modern Restaurant Management

JULY 28, 2020

Consider PPP loan insurance to cover damages, legal fees and fines if the SBA determines that your business was ineligible for the loan. ” Get to Know PPP Loan Insurance. To obtain PPP loan insurance, applicants must submit: Analysis of how the affiliation rules apply to the business.

Insurance 404

Insurance Certification Audits Small Business 404

Modern Restaurant Management

MAY 1, 2023

That's why it's essential for restaurants to consider cyber liability insurance. Protecting your Restaurant with Cyber Liability Insurance Cyber liability insurance is a type of insurance that helps protect businesses from the financial losses associated with cyber attacks.

Insurance 508

Insurance Employee Relations Email Marketing Customer Experience 508

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.

Insurance 251

Insurance Franchising Franchise Document 251

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. Proper communication with the insurance agent about all the ins and outs of the restaurant can help set up the policy right from the get-go.

Bar 482

Bar Insurance Employee Relations Certification 482

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.

Insurance 221

Insurance Food Safety Employee Relations Small Business 221

Modern Restaurant Management

DECEMBER 31, 2020

In that case, there may not be any insurance outside the driver’s personal auto insurance. If you’re contracting with a third-party delivery service, let your insurance agent know. Your agent can review the contract to determine what types of insurance you may need to protect your restaurant.

Delivery 579

Delivery Insurance Customer Service Online Ordering 579

Modern Restaurant Management

MAY 29, 2020

In what has been a closely watched case, a court in France recently ruled that France’s largest insurer must pay on a claim brought by a restaurant forced to shut down due to the COVID-19 outbreak. Many insurance companies, however, have already begun to signal their intent to deny pandemic-related claims.

Insurance 305

Insurance Ordering Employee Relations Restaurant Law 305

Modern Restaurant Management

DECEMBER 23, 2021

Ahead of New Year’s Eve celebrations, Society Insurance, which provides coverage to the hospitality industry, has put together the top four tips on how a restaurant can protect themselves, their patrons and their employees as well as create a safer environment on Dec. Obtain Liquor Liability Insurance. 31 and beyond.

Insurance 531

Insurance Restaurant Law Point of Sale Training 531

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.

Management 474

Management Management Insurance Kitchen Safety 474

Modern Restaurant Management

MARCH 31, 2025

From managing cash flow to securing insurance coverage and updating contracts, the legal side of your business should never be overlooked or passive. This includes reviewing insurance coverage, ensuring your contracts are solid and training team member with HR (human resource) best practices.

Franchising 221

Franchising Franchise Restaurant Law Cash Management 221

Modern Restaurant Management

NOVEMBER 16, 2021

On a basic level, stop loss insurance provides protection against catastrophic or unpredictable losses. A basic rule of insurance is that over time, the less insurance purchased will result in a lower cost. Stop Loss Coverage Is Risk Management. a lower deductible).

Insurance 504

Insurance Cash Management Healthcare Innovation 504

Modern Restaurant Management

JUNE 14, 2022

Longer term savings opportunities will take a concerted effort, and these are areas for review: Self-insured versus fully insured : Plans with more than 150 employee participants are likely strong candidates for self-insurance; and those between 100 and150 employees may also find self-insurance attractive.

Insurance 457

Insurance 2022 2023 Article 457

Modern Restaurant Management

MAY 14, 2025

Competitive Compensation Paying fair wages and providing opportunities for raises, bonuses, or profit-sharing can show thatyouvalueyouremployees’ contributionsand want them to feel financially secure.There are publicly available resources to help you understand whata fair wage for your business would be.

Serving 373

Serving Workshop Education Training 373

Modern Restaurant Management

NOVEMBER 14, 2022

Odds are you understand why your auto insurance premium changes. As you age and become a less risky driver, your insurer is exposed to less risk, and your rates drop as a result. Below, we’ll explore some common drivers of bar insurance costs. Reinsurance, to put it simply, is insurance for insurers.

Insurance 506

Insurance Supplies 2020 Bar 506

Modern Restaurant Management

JUNE 9, 2021

Based on the above, owners and employers that choose to require a vaccine should understand how their approach could impact their workers’ comp insurance liability. Many states also have individual guidelines as to what is covered under workers’ comp insurance for adverse reactions to voluntary vaccinations.

Employee Relations 531

Employee Relations Management Management Insurance 531

Restaurant Business

JANUARY 13, 2025

California was already a challenging insurance market because of fire risk. The ongoing crisis is only expected to make it worse.

Insurance 282

Insurance Marketing Operations 282

Modern Restaurant Management

SEPTEMBER 6, 2022

Ahead of this year’s football season, the team at Society Insurance has put together the top four tips on how a restaurant and/or bar can protect themselves, their patrons and their employees as well as create a safer environment for football season and beyond. Obtain Liquor Liability Insurance. Eventually conflict can happen.

Bar 450

Bar Insurance Restaurant Law Point of Sale 450

Modern Restaurant Management

MARCH 9, 2023

Society Insurance, which provides coverage to the hospitality industry, has put together four tips on how restaurants and bars can help create a safer environment on St. Obtain Liquor Liability Insurance It is highly advisable to purchase liquor liability insurance if you operate a business that sells alcohol.

Bar 450

Bar Insurance Restaurant Law Point of Sale 450

Hospitality Insurance Group

MAY 2, 2025

Please tell me a little bit about your background/experience, and how you chose to work in the insurance industry. After studying at the University of Massachusetts in Amherst, I began my insurance career as a processor for a Worcester-based carrier, where I quickly advanced into an underwriting role.

Management 148

Management Management Insurance Leadership 148

Modern Restaurant Management

AUGUST 5, 2024

Restaurants should consider vetting third-party vendors to performing these functions, and ensure those vendors are properly insured. Restaurants should also consider their own insurance coverage for cyber risks. What are the best practices for brands to handle a breach?

Employee Relations 493

Employee Relations Insurance Healthcare Restaurant Law 493

Modern Restaurant Management

SEPTEMBER 24, 2021

“There are certainly lower fees the marketplace will charge if you handle the delivery in-house, but the insurance, staffing, and additional costs that come with in-house delivery may get pretty close to comparable, if not more,” he said. ” Costs aren’t the only thing that should be top of mind when making this choice.

Delivery 537

Delivery Insurance Online Ordering Customer Service 537

ChowNow

MAY 23, 2025

It factors in all your operating expenses, like labor, rent, insurance, equipment repairs, marketing, and more. came to $35,000, and your operating expenses (labor, rent, insurance, etc.) This is the number that truly reflects your restaurants financial health. Your cost of goods sold (ingredients, beverages, packaging, etc.)

Point of Sale 195

Point of Sale Insurance Fast Casual Customer Service 195

Modern Restaurant Management

OCTOBER 29, 2024

Ahead of Halloween and spooky season, Society Insurance explores some of the scary factors, some more rare and some more common, that can affect premium rates. As these events become increasingly common, it comes as no surprise that premiums have risen as insurance companies pay out large claims.

Insurance 221

Insurance Restaurant Law Supplies 2024 221

Modern Restaurant Management

JUNE 1, 2020

Insurance coverage is an excellent resource to have as part of your risk response strategy. Insurance policies cover injury to employees or customers on your premises, damage from inclement weather, and much more. When deciding which policy is best, consider all types of risks that you might face.

Hospitality 455

Hospitality Insurance Food Supply Social Media 455