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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

If your restaurant profit margins arent healthy, it doesnt matter how busy you areyoull always be playing catch-up. 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.) added up to $60,000.

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What Restaurant Owners Need to Budget for in Food Delivery Services

The Rail

Restaurant owners must consider risks like increased insurance costs and potential wear and tear from extensive use if they opt to use a personal vehicle. If you purchase or lease dedicated delivery vehicles, consider additional expenses such as maintenance, insurance, and fuel.

Delivery 130
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Owning a Bar: Everything You Need to Know

7 Shifts

New Bar Options You'll need to decide on the exact business structure. However, it can be expensive and you may not have as much control over the business. This could be a good choice if you find a business that is already established and has a loyal customer base. An alternative is to buy an existing bar that is up for sale.

Bar 370
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The Ultimate Guide to Restaurant Costs

7 Shifts

Your restaurant is different so ensure you find your ideal food cost (discussed later) Labor cost : Roughly 30% of revenue including management salaries of 10% Insurance varies by provider and type. Fixed costs include rent, mortgage, salaries, loan payments, license fees, and insurance premiums.

License 370
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The Ultimate Guide to Getting a Restaurant Business Loan

7 Shifts

In this article, you'll learn how to get a business loan for your restaurant so you can make your dream of starting or growing your restaurant a reality. Create a Restaurant Business Plan. Getting Your Restaurant Business Loan. Before you Begin: Create a Restaurant Business Plan. Getting Your Restaurant Business Loan.

Document 393
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Case Study: How a Food Truck Can Open Doors to Restaurant Ownership

Modern Restaurant Management

Whatever you can do to give you stronger qualifications will be helpful once you open your business. The truth is that’s business as usual for a food truck. Businesses and event coordinators talk to each other, too, and they can be some of your strongest allies as a food truck owner if you cultivate those relationships.