Modern Restaurant Management

MARCH 31, 2020

Restaurant and business owners should always be prepared in the event of loss or damage to normal business operations. Navigating these policies and their intricacies is a daunting task, even for some experts in the insurance industry.

Insurance 108

Insurance Government Employee Relations Small Business 108

Modern Restaurant Management

JULY 15, 2022

The most important thing new owners should know about insurance coverage is that it’s a vital part of running their business. However, having proper insurance coverage is a huge part of protecting the business, and the ownership, in the case of an accident or incident. Getting insurance coverage is not just a box to check.

Insurance 170

Insurance Restaurant Law Hospitality Education 170

Modern Restaurant Management

NOVEMBER 4, 2019

Between obsessing over food and finances, one key consideration shouldn’t fall through the cracks—restaurant insurance. Having trouble deciding what kind of insurance your restaurant needs? What is Restaurant Insurance? Why Do You Need Restaurant Insurance? What Does Restaurant Insurance cover?

Insurance 126

Insurance Food Truck Fine Dining Small Business 126

Modern Restaurant Management

APRIL 21, 2020

In addition, most restaurants should have business interruption insurance, and that insurance may provide some relief from economic pain. Business interruption insurance covers the loss of income that a business suffers after a disaster. Gather Your Complete Insurance Policy. ” That’s just not true.

Insurance 180

Insurance Government Document Restaurant Law 180

Restaurant Engine

JULY 5, 2020

Most insurance companies have denied claims from restaurant owners resulting from the COVID-19 pandemic. Business owners counterclaim they are entitled to benefits in Business Interruption Insurance policies that protect against lost income after a covered peril affects a policyowner. A third victory arrived when the U.S. ” .

Insurance 121

Insurance Events Small Business Government 121

Society Insurance

OCTOBER 26, 2022

Odds are you understand why your auto insurance premium changes: as you age and become a less risky driver, your insurer is exposed to less risk, and your rates drop as a result. Below, we’ll explore some common drivers of restaurant insurance costs. Reinsurance, to put it simply, is insurance for insurers.

Insurance 52

Insurance Supplies 2021 Pricing 52

Food Business

SEPTEMBER 23, 2022

It's an insurance policy that truly gives back. Like any good tool is remains good when you maintain it, and that may mean calling a HVAC company to set up a quarterly cleaning and maintainance plan; and a restaurant equipment company to set up a quarterly cleaning and maintainance plan. Consider a quarterly plan.

Operations 130

Operations Insurance Equipment 130

The Restaurant Times

SEPTEMBER 19, 2021

Time has never been better to open your food truck, and the most critical business step is investing in insurance. However, if you don’t have the correct insurance, your food truck might cost you thousands of dollars or perhaps your business in jeopardy in time of a mishap. . Food Truck Insurance Cost . Kind of Insurance.

Food Truck 52

Food Truck Insurance Food Transportation 52

Modern Restaurant Management

DECEMBER 7, 2021

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. For leaders in the restaurant and hospitality industry, now is the time to adapt.

2022 185

2022 Operations Recruiting Hiring 185

Modern Restaurant Management

OCTOBER 16, 2020

As the surviving restaurants reopen and attempt to regain solid financial footing, many will look to their business insurance policies to try to recoup the income they lost. The virus or bacteria exclusion is a common exclusion added by many insurers after the global SARS outbreak in 2006. In Henry’s Louisiana Grill, Inc.

Insurance 113

Insurance Serving 2006 Sustainability 113

Modern Restaurant Management

MARCH 5, 2024

Data from the National Restaurant Association’s 2023 State of the Restaurant Industry report revealed that nearly three in four operators were focused on sustaining growth. Things began to change for the restaurant industry in 2023 as the script flipped from cutbacks to a growth mindset.

Training 159

Training Food Safety Employee Relations Insurance 159

Modern Restaurant Management

NOVEMBER 11, 2019

It is important for restaurant, tavern and bar owners to have the right insurance, however, there are so many different types of policies, and even when you zero in on what is needed, the options are often complex and difficult to compare. A non-admitted insurance company has not been approved by the state’s insurance department.

Insurance 101

Insurance Bar License Entertainment 101

Perfect Daily Grind

NOVEMBER 13, 2022

And for those who are members of coffee co-operatives – can higher prices help them to gain more access to resources and different markets? Read on to learn what they had to say about how rising coffee prices are affecting co-operatives. How do coffee co-operatives work? To find out, I spoke with three coffee professionals.

Pricing 155

Pricing Operations 2022 Insurance 155

Modern Restaurant Management

MAY 29, 2020

In what has been a closely watched case, a court in France recently ruled that France’s largest insurer must pay on a claim brought by a restaurant forced to shut down due to the COVID-19 outbreak. Many insurance companies, however, have already begun to signal their intent to deny pandemic-related claims.

Insurance 101

Insurance Ordering Employee Relations Restaurant Law 101

Modern Restaurant Management

MAY 1, 2023

Cybercriminals are increasingly targeting restaurants, seeking to steal sensitive customer data and disrupt business operations. That's why it's essential for restaurants to consider cyber liability insurance. With cyber liability insurance, the costs of hiring attorneys and other legal expenses can be covered.

Insurance 192

Insurance Email Marketing Employee Relations Customer Experience 192

Modern Restaurant Management

MARCH 9, 2023

Society Insurance, which provides coverage to the hospitality industry, has put together four tips on how restaurants and bars can help create a safer environment on St. Security and floor staff see what is happening throughout the operation. Implement comprehensive standard operating procedures and policies.

Bar 173

Bar Insurance Restaurant Law Point of Sale 173

Modern Restaurant Management

JULY 28, 2020

Consider PPP loan insurance to cover damages, legal fees and fines if the SBA determines that your business was ineligible for the loan. Chang’s won PPP exemptions to bridge their operations until they open their doors open once again. ” Get to Know PPP Loan Insurance.

Insurance 121

Insurance Certification Audits Small Business 121

Modern Restaurant Management

MARCH 13, 2024

To revitalize the workforce and enhance operational efficiency, it is imperative that we boldly explore innovative solutions across reskilling, retention, and robotics. Understanding the Drought The labor shortage has hit hard, with many restaurants operating below capacity despite a rebound in customer demand.

Loyalty Program 177

Loyalty Program Customer Service Customer Experience 2024 177

Modern Restaurant Management

DECEMBER 27, 2023

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 114

2024 Insurance Recruiting Restaurant Law 114

Modern Restaurant Management

DECEMBER 21, 2023

These changes were instrumental in enhancing operational efficiency and customer convenience, reflecting a broader industry shift towards tech-driven experiences. Increased operational efficiency and improved customer satisfaction can contribute significantly to the return on investment. Why such a “hard” insurance market?

2023 120

2023 2024 Insurance Employee Relations 120

Modern Restaurant Management

NOVEMBER 14, 2022

Odds are you understand why your auto insurance premium changes. As you age and become a less risky driver, your insurer is exposed to less risk, and your rates drop as a result. Below, we’ll explore some common drivers of bar insurance costs. Reinsurance, to put it simply, is insurance for insurers.

Insurance 185

Insurance Supplies Events 2020 185

The Food Corridor

SEPTEMBER 14, 2020

For foodservice vendors, food truck operators, manufacturers, market traders, chefs, and caterers who use shared-kitchen facilities, there’s a constant nagging worry that something will go wrong. The way to mitigate the risk is to take out a robust insurance policy. In a year like 2020, you never know what’s around the corner.

Insurance 52

Insurance Food Truck Food Catering 52

Modern Restaurant Management

NOVEMBER 17, 2023

Liquor Liability Insurance protects a small business that manufactures, sells or serves alcohol. Without Liquor Liability Insurance, owners of restaurants that serve alcohol could end up footing the bill for damages made by a drunk customer. Promote ridesharing apps as a convenient way for patrons to get to and from your bar.

Insurance 190

Insurance Restaurant Law License Small Business 190

Modern Restaurant Management

JUNE 14, 2022

Double digit rate increases for the next few years, coupled with increased labor and materials cost could mean difficult navigation for many operators. Many operators simply accepted these cost increases for 2022 due to the ongoing labor shortage, and the compliance requirements never came up for discussion.

Insurance 149

Insurance 2022 2023 Article 149

Modern Restaurant Management

JULY 16, 2021

The carryout-only brand of It’s Just Wings, operating out of Chili’s kitchens. In this changing environment, the right and adequate amount of insurance protection has never been more important. These virtual brands have allowed restaurants to hone in on hot niche trends (anything chicken related, typically) with consumers.

Management 186

Management Management Insurance Kitchen Safety 186

The Restaurant Group

MARCH 11, 2024

But restaurant finances are notoriously complex, with so many types of expenses to manage: Dining and kitchen supplies Commercial real estate Utilities Maintenance Insurance Marketing Payroll And more Restaurant budgeting can be head-scratching and very time-consuming. Every restaurant must aim to spend low and earn high.

Management 78

Management Management Cash Management Insurance 78

Hospitality Insurance Group

MAY 16, 2019

(May 16, 2019) — A founding member of Hospitality Insurance Group’s Board of Directors has retired. Gerald Cassidy, who brought decades of insurance experience and knowledge to the Board, announced his retirement on May 8, 2019. President & CEO of Hospitality Insurance Group. “I About Hospitality Insurance Group.

Insurance 60

Insurance Hospitality 2008 License 60

Society Insurance

JANUARY 4, 2023

Society Insurance is committed to providing weekly blog posts to help business owners optimize daily operations and minimize risk. The post 2022 Year in Review appeared first on Society Insurance. Here are the most popular blogs that have helped business owners just like you! Top 10 Most Popular Posts of 2022.

2022 98

2022 Insurance Leadership Social Media 98

Culinary Cues

MARCH 19, 2020

Here are some thoughts: [] Small, privately owned restaurant operators, chefs, and cooks, bartenders and servers are proud people. They are typically under compensated for their work and under-appreciated for their commitment, but they remain proud.

Insurance 424

Insurance Government Training Small Business 424

OpenTable

AUGUST 13, 2020

After months of shutdowns due to the coronavirus pandemic, restaurants have looked to their insurance policies for financial help – only to be denied coverage for claims. In response, many operators are taking legal action to recoup what they feel they’re owed. . Register for free for upcoming webinars. … Read more.

Insurance 72

Insurance Webinar Leadership Dine-in 72

Society Insurance

JANUARY 18, 2023

Here we’ll review what causes frozen pipes, how they can affect your business operations, and seven ways to prevent them from occurring in the first place. Contact your insurance company. Note: Society Insurance policyholders can call 888-576-2438, ext. When to Prepare Pipes For Cold Weather.

Insurance 98

Insurance Outdoor License 2023 98

7 Shifts

NOVEMBER 23, 2023

A good one not only ensures that your employees are paid accurately and on time, but also plays a significant role in regulation compliance , operational efficiency, and team happiness. Document specific operational inefficiencies. Check compatibility with existing systems for smooth operation.

Download 221

Download Employee Relations Demo Customer Service 221

ChowNow

AUGUST 26, 2021

These cases became unbelievably frequent and they’ve somehow become so increasingly routine that it has made it impossible to continue to operate a business under these conditions.”. As a safety net, operators may also take photos of their orders or require customers to show their IDs when picking up food.

Operations 78

Operations Online Ordering Food Safety Mobile Ordering 78

7 Shifts

OCTOBER 31, 2023

Interface issues can look like: Problems running off-cycle payrolls Hard-to-find reports and tax documents like W-2s Lots of manual data entry Too many features to learn Complications with onboarding employees Payroll isn’t a nice-to-have—it will always be a part of your responsibilities as a restaurant operator.

Customer Service 221

Customer Service Information Pricing Insurance 221

Modern Restaurant Management

JUNE 9, 2021

Based on the above, owners and employers that choose to require a vaccine should understand how their approach could impact their workers’ comp insurance liability. Many states also have individual guidelines as to what is covered under workers’ comp insurance for adverse reactions to voluntary vaccinations.

Employee Relations 209

Employee Relations Management Management Insurance 209

ChowNow

MARCH 26, 2021

These cases became unbelievably frequent and they’ve somehow become so increasingly routine that it has made it impossible to continue to operate a business under these conditions.”. As a safety net, operators may also take photos of their orders or require customers to show their IDs when picking up food.

Operations 88

Operations Online Ordering Food Safety Mobile Ordering 88

Society Insurance

NOVEMBER 15, 2022

Take notes on the night’s operations to discuss with the next day’s crew. A restaurant closing checklist isn’t just about knocking items out so you and your team can head home; it impacts your entire operation. Improved Organization and Smoother Business Operations. Properly securing all cash in a drop safe.

Front of House 97

Front of House Food Safety Cash Management Back of House 97