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Assessing Coronavirus Insurance Coverage Risks for Restaurants

Modern Restaurant Management

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. Compile one-to-three years of financials and tax returns.

Insurance 307
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Restaurant Menu Pricing: How to Set Prices That Boost Profits And Keep Customers

ChowNow

To conduct menu pricing profitably, you need to factor in the behind-the-scenes costs that keep your doors openthat includes rent, utilities, insurance, labor, cleaning supplies, linen, and everything in between. Choosing the right menu pricing method is crucial for setting prices that align with your business goals and customer expectations.

Pricing 195
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Invest in Employees with Affordable Health Care

Modern Restaurant Management

Lack of health insurance isn’t considered one of the major reasons the hospitality industry has, according to the U.S. One of the major ways to invest in employees is through health insurance, something only about 30 percent of restaurants provide. Bureau of Labor Statistics, a churn rate north of 70 percent.

Insurance 311
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As Restaurants Face Rise in Slip and Fall Suits, Simple Measures Can Mitigate Risk

Modern Restaurant Management

Rising costs are not the only financial hazard facing the food service business, as recent studies show that slip and fall cases cost the industry $2 billion a year. However, there are several ways businesses can help reduce risk, financial exposure, and legal complications. The restaurant industry is fighting a tough battle.

Insurance 379
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Unique Challenges and Considerations for Restaurants As They Reopen Their Doors

Modern Restaurant Management

As restaurants across the nation begin to reopen for business, there are many challenges that they will face for the first time. Business as usual is a thing of the past! Business Continuity is Key to Your Branding, But How do You Continue to Promote Your Brand When the Rules of Doing Business Have Changed So Drastically?

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DON’T SETTLE FOR MEDIOCRITY

Culinary Cues

Look around you – identify the companies, businesses, or individuals whom you admire – you know, the ones that seem to win a lot and fit into that category of “successful”. Even more important – these are the companies, businesses, or individuals that seem to enjoy what they are all about. It is your job to SWEAT THE SMALL STUFF.

Uniforms 450
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MRM Research Roundup: Experimentation, Valentine’s Vibe Shift, and Wine Cork Market

Modern Restaurant Management

The research found that businesses worldwide – particularly restaurants – intend to experiment more in 2025, especially with customer retention programs like loyalty, as they face the triple challenge of sustained high inflation, shrinking consumer wallets and the need to raise prices across the board.

Marketing 221