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Restaurant Safety: How Restaurateurs Can Improve their Risk Profiles

Modern Restaurant Management

These issues have translated to the industry’s insurers as well – causing even more headaches for restaurant owners. The restaurant insurance market has seen rising costs to insure and as a result, carriers have come and gone from the market. Open flames in the kitchen can lead to fires or burns.

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Pandemic Reflections: What Lessons Has the Restaurant Industry Learned?, Part Two

Modern Restaurant Management

While the pandemic forced consumers to leverage contactless payment, such as tap-to-pay, out of pure health and safety concerns, it’s quickly become the normal course of business for restaurants aiming to streamline operations and maximize convenience. The workforce also experienced a major reset. per hour difference.

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

SpotOn

Restaurant P&L basics Sales Cost of Goods Sold (COGS) Labor costs Overhead costs Profit and profit margins Using your P&L statement Restaurant P&L basics A restaurant profit and loss statement is a spreadsheet that shows how all your money is coming in (sales) and where it's going out (costs). Pretty substantial. Smallwares.

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Pandemic Reflections: What Lessons Has the Restaurant Industry Learned?, Part Three

Modern Restaurant Management

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. – Pooja S.

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Introducing a Partnership for Safer, Smarter Kitchens

PathSpot

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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Pandemic Pivots Don’t Offset Restaurants’ Need to Manage Looming Risks

Modern Restaurant Management

The restaurant industry isn’t totally out of the coronavirus pandemic woods yet, but those that have survived this long have proved their resilience and agility in adapting to once-in-a-lifetime (hopefully) circumstances. Virtual kitchens, for example, were already accelerating trends when the pandemic hit. Risks to Look Out For.

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2024 Emergency Planning for Restaurants

Modern Restaurant Management

Taking proactive measures and having plans in place will allow your business to react quickly to help minimize the impact of an emergency. Let us pass on the knowledge and expertise that we have gained in our 100+ years in the insurance business, so you can take a few things off your plate – and gain peace of mind.