article thumbnail

After Two ‘100-Year Floods’ in Just a Dozen Years, Vermont Restaurants Look to Rebuild Stronger

EATER

Three Penny Taproom also has flood insurance. Time will tell, with insurance and the rebuild, what we do with that space,” he says. Not only are low-income Vermonters’ homes and businesses less resistant to flooding, but they have less in savings and insurance coverage. Whatever it takes, he says, Three Penny will rebuild.

article thumbnail

How To Open A Fine Dine Restaurant In Oman

The Restaurant Times

Unsurprisingly, tourism in the country is flourishing, and on its back, the restaurant industry is burgeoning. Buying insurance. Detailed reporting: It gives detailed reports about daily sales, stock consumption and helps in inventory management. You will need capital for-. Buying/renting property. Hiring and training staff .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How To Open A Casual Dining Restaurant In The UAE

The Restaurant Times

If you want to open a casual dining restaurant in the UAE, you will need to get a trade license from the Department of Tourism and Commerce Marketing and a Food License from the Food Safety Department in Dubai. Insurance & working capital. Stock and Inventory Management is crucial to running a restaurant smoothly.

Casual 52
article thumbnail

2024 Outlook: Restaurant Trends and Challenges, Part One

Modern Restaurant Management

As the pandemic raged, hordes of hospitality workers shifted to in-office or at-home jobs, leaving a large labor gap to be filled, especially as tourism returns to pre-pandemic levels. I am concerned that rising insurance costs may force some chains to exit the market. The impact of these technological shifts is multifaceted.

2024 197
article thumbnail

Easter Eat-In, Potbelly Pantry and #ThePlateFund

Modern Restaurant Management

Ensuring business interruption insurance covers COVID-19. Right now, restaurants aren’t receiving the benefits they deserve from insurance companies. The fund is also intended to assist restaurant workers who will not qualify for unemployment insurance or the federal stimulus payment because of immigration status or other issues.

article thumbnail

Tyga Bites and Sushi with an Attitude

Modern Restaurant Management

In recent months, they have been advising clients on issues ranging from Paycheck Protection Program (PPP) loans to reducing and rehiring employees to recovering losses from insurance companies and renegotiating leases. Selvin (insurance and business interruption) and Elliot N. Other members of the new practice include: Randy S.