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Staying on Top of FDD Requirements for Risk and Insurance

Modern Restaurant Management

Even experienced operators know that navigating the compliance requirements laid out by each state’s franchise registration rules isn’t easy. What may be overlooked within it are risk and insurance issues. Risk and insurance should be top on the list. Franchisees must specify the franchisor as an additional insured.

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

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

4 to 7 vendors in the restaurant space between recruiting and payroll are too many to be sustainable. These changes were instrumental in enhancing operational efficiency and customer convenience, reflecting a broader industry shift towards tech-driven experiences.

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

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. Automating these parts of the recruiting process can save GMs many hours a week and lead to better hiring rates.

Retail 223
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National Restaurant Association: We Need Help!

Modern Restaurant Management

” The Association proposed three separate categories of protection for industry restaurants and employees: directed/targeted financial relief; loans/insurance options for impacted small businesses; and tax measures. Loans/Insurance Options for Impacted Small Businesses. Federal Loan Program Equal to Lost Revenue.

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