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Staying on Top of FDD Requirements for Risk and Insurance

Modern Restaurant Management

But it’s not just newbies to franchising – or restaurant franchises themselves, for that matter – that need to stay on top of the management intricacies that characterize the business. What may be overlooked within it are risk and insurance issues. Risk and insurance should be top on the list.

Insurance 100
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Prepared to Win the War on Talent? Four Trends for Restaurant Operators to Consider in 2022

Modern Restaurant Management

Despite external pressures on talent, ample opportunity exists for restaurant operators to prepare for a year of constant change. With 2021 nearly wrapped up, restaurant operators across the country are looking to the New Year with cautious optimism.

2022 197
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Despite Improved 2024 Outlook, Labor, and Other Risks May Drag Restaurants Down

Modern Restaurant Management

Stubbornly high interest rates also keep operators squeezed by the cost of money, both long-term debt and revolving credit lines. Another growing risk: nuclear verdicts over dram shop law violations, driving up the costs of liquor liability insurance. One of the impacts will be on employment practices liability insurance in 2024.

2024 117
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2023 Reflections: The Year That Was in Restaurants, Part Three

Modern Restaurant Management

Each year, Modern Restaurant Management (MRM) magazine asks experts for their views on the state of the industry. Managers are seeking out technology that reduces staff participation in “non-value activities” so staff can focus more seamlessly on the guest experience and truly provide their unique brand of hospitality.

2023 123
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Leveraging POS Systems to Future-Proof Your Restaurant and Maximize Profits

Modern Restaurant Management

As the impact of the pandemic continues, restaurants face constant and evolving operational challenges. At the end of 2021, four out of five restaurants reported facing a staffing shortage due to reduced operating hours and dining capacity.

POS 215
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How Restaurants Can Attract and Retain Workers Tempted by Retail Holiday Job Offers

Modern Restaurant Management

Each year, we hear from restaurant general managers how frustrated they are about staff jumping to retail jobs over the holidays. Highlighting benefits you provide for full-time workers – benefits likely unavailable to part-time holiday retail help, such as health insurance, tuition reimbursement and retirement accounts.

Retail 223
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Upping the Ante: This Week in Restaurant Staffing

Modern Restaurant Management

Chipotle's crew members can advance to a Restaurateur, the highest General Manager position, in as little as three and a half years, with average compensation of $100,000. "Chipotle It featured recruitment content and live sessions with Chipotle employees highlighting its benefits, career paths, cooking demos, and more.

Hiring 169