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Bridging the Gap: Integrating Legal and Insurance Considerations into Restaurant Cybersecurity Response

Modern Restaurant Management

Golden Corral's August 2023 network breach affected 183,000 current and former employees, with hackers accessing everything from Social Security numbers to health insurance details. Yet many restaurant operators remain underprepared when it comes to integrating legal and insurance considerations into their cybersecurity response plans.

Insurance 282
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Average Restaurant Profit Margins: What They Are And How to Improve Yours

ChowNow

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.)

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Restaurant Cost Control Strategies Every Operator Should Be Using

ChowNow

Factors like portion size, seasonal ingredients, and market price changes all affect this number, which is why inventory management and regular updates to your recipes and pricing matter. Fixed costs like rent, property taxes, insurance, and utilities are all part of your occupancy costs.

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How To Cut Restaurant Operating Costs Without Compromising Quality

ChowNow

Examples include: Rent or mortgage payments Insurance premiums Loan payments Salaried employees (like general manager or executive chef) Because theyre consistent, fixed costs are easier to budget for, but that also means theyre harder to reduce without significant structural changes.

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Save Big: Top Restaurant Tax Deductions & Credits

Harbor Touch

Ive tossed meals into inventory totals and shaved taxes that way. Staff pay: salaries, insurance, bonuses. Insurance: property, liability. Choose the bigger win. Employee Meals: Free Food, Free Savings Feeding staff on-site? Its 100% if part of food costs, non-taxable to them. Keep it separate or bundled with food costs.

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Your Guide to A Food Truck Commissary: What it is and How to Start One

The Food Corridor

These licensed commercial spaces give operators a place to store inventory, prep food, and clean their equipment—ensuring they meet health codes and run efficiently. Food Liability Insurance Program ( FLIP) offers affordable coverage, designed for small food businesses.

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How to Read a Restaurant P&L (Profit and Loss) Statement + Free Template

SpotOn

Your P&L line items should be consistent with the ones on different platforms—POS, inventory management, and accounting software. Health insurance, retirement plans (401(k)), paid time off (PTO) (vacation, sick leave, holiday pay), workers compensation, and meal discounts Training and onboarding. Occupancy costs.