Society Insurance

OCTOBER 19, 2022

One of the ways the insurance industry mitigates the negative effects of inflation is through what’s commonly referred to as inflation guard. Inflation Guard is the automatic annual increase in property values on an insurance policy to help keep up with rising costs of construction. What Is Inflation Guard?

2022 52

2022 Insurance Small Business Reference 52

Culinary Cues

FEBRUARY 28, 2021

Mediocre sucks the lifeblood out of an individual or an organization – it is the dark side of the moon, the harbinger of discomfort and pain, and the salt in the wound that saps your energy and leaves you hardened and embarrassed. The Japanese would refer to them as companies focused on “Kaisen” (a pursuit of constant improvement).

Uniforms 449

Uniforms Fine Dining Small Business Customer Service 449

7 Shifts

APRIL 1, 2020

These changes mean that many restaurant workers (and managers) find themselves low on hours, or out of a job altogether—which is taking a toll on the mental health of restaurant workers worldwide. Takeaway: Reach out to family and friends to setup times where you can chat over Hangouts or Houseparty.

Social Media 366

Social Media Outdoor Download Take-out 366

Modern Restaurant Management

MARCH 30, 2023

The FICA Tip credit (FICA stands for Federal Insurance Contributions Act) is a federal income tax credit that was enacted to offer financial relief to businesses in the food service industry that has employees who receive part of their wages through tips given by customers. Here are five things to know about the FICA tip credit: 1.

2007 179

2007 Beverage Insurance Government 179

7 Shifts

AUGUST 27, 2020

Having to spend a shift—or even worse, your after-hours—reading through an employee handbook will sap the fun out of any new restaurant job. If you take the extra time to hire people who share your core values you will reduce staff turnover, which saves time and money in the long run.

Employee Relations 370

Employee Relations Hiring Document Food Safety 370

7 Shifts

APRIL 30, 2021

Employees may clock in early to help out or leave a few minutes early on a slow day. For a healthier business, it's important to flush out any time theft that's happening now and create preventive measures to keep it from creeping up. When an employee clocks in or out for another employee, this is known as “buddy punching.”

Restaurant Law 370

Restaurant Law White Paper Cash Management Small Business 370

7 Shifts

NOVEMBER 18, 2022

But taking an educated and careful approach to tip credits ensures that your hardworking team of waitstaff, bartenders, dishwashers, and cooks is compensated fairly ( improving employee retention ). FICA, or the Federal Insurance Contributions Act , refers to the Social Security and Medicare taxes deducted from each paycheck.

Cash Management 195

Cash Management Restaurant Law Back of House Customer Service 195

Restaurant365

JANUARY 5, 2021

We’ve outlined the highlights of the Paycheck Protection Program Second Draw Loans, eligibility requirements, what expenses are forgiven, improvements over the original PPP loans, and what you should do immediately to take advantage of these loans. This would cover insurance plans such as vision, dental, disability and life insurance.

Insurance 148

Insurance Small Business Employee Relations 2021 148

Hot Schedules

JANUARY 25, 2021

If you’re an employee, you don’t have to worry about these since they are the full responsibility of your employer, and you won’t even see any reference to them on your pay stub. Because of Covid-19, there were an unprecedented number of state unemployment insurance claims over the last year. What is SUTA? According to the U.S.

2021 148

2021 Insurance Employee Relations Restaurant Law 148

EATER

APRIL 30, 2024

Rule 4: All it takes are a series of sharp, well-directed shakes of a branch to deposit handfuls of pearl barley-like white “caviar” into a net. Ants will chase you when you take their eggs. But Num says the exercise isn’t about gathering enough eggs to fill out a menu. Rule 3: Ants are creatures of habit. Rule 5: Hurry.

Seasonal Menu 106

Seasonal Menu Agriculture Food Order Take-out 106

Sling

OCTOBER 31, 2022

What insurance is necessary? Doing so will give you valuable insight into what it takes to run this type of business on a daily basis, including fundamentals like: Marketing Payroll Retail management Scheduling Employee development Customer service. 8) Purchase insurance. That’s what business insurance is for.

Insurance 78

Insurance Website Management Equipment Advertising 78

7 Shifts

SEPTEMBER 19, 2022

The restaurants that prioritize employee retention above all will come out on top. For the restaurant-dense metropolitan areas, the Twin Cities and Boston came out on top. We spoke to modern restaurant leaders and consulted our roster of partners and clients to find out the tangible ways that restaurants are doing to reduce turnover.

Front of House 195

Front of House Back of House Cash Management Customer Experience 195

MBB Hospitality

APRIL 14, 2023

Let’s take a look at the following list of steps down below. You’ll need to find out how to acquire food service permits and liquor licenses (assuming you plan on serving alcohol). As a business owner, you don’t want to miss out on tax incentives that may be available to you. A business license may also be required.

License 52

License Food Supply Insurance Small Business 52

EATER

MAY 3, 2021

Estefanía, who asked to be referred to by her first name because she is an undocumented worker, said she got COVID-19 in June and took two weeks off to recover and quarantine. We do a ton of business out of a 400-square-foot kitchen,” Glassman said. Those who have decided to stick it out have more choices than ever before.

Back of House 145

Back of House Cash Management Kitchen Safety Insurance 145

Sling

MAY 22, 2020

We’ll discuss how to calculate turnover in the next section, but before we do that, let’s take a moment to examine its two subcategories: voluntary and involuntary. Here’s their formula: NOTE: They use “departures” (or “separations”) to refer to the total number of employees who have left or been fired. Voluntary Employee Turnover.

Management 144

Management Management Employee Relations Insurance 144

SpotOn

FEBRUARY 13, 2024

While there’s always a learning curve when you start a new job, having a clear reference point can help shorten the onboarding period and help new employees hit the ground running. It gives your new team members a reference point to go to when they aren’t sure how to void an order or access health insurance information.

Employee Relations 52

Employee Relations Restaurant Law Hiring Food Safety 52

Sling

MARCH 2, 2022

Payroll is a broad term that can refer to different aspects of your business, depending on how you use the word in conversation. For example, if you say, “Ted, Robin, and Lily are on the payroll,” you’re referring to the group of individuals you employ. you’re referring to the act of calculating and distributing paychecks.

Management 78

Management Management Tip Distribution Back of House 78

Modern Restaurant Management

JUNE 17, 2020

This article addresses some of the most common concerns arising out of the COVID-19 pandemic, from the perspective of an employment lawyer and a restaurateur. Let your patrons feel that they are a part of the future of their favorite hangout, and they will take an interest in the restaurant's success now and for years to come.

Employee Relations 197

Employee Relations Food Safety Small Business Government 197

7 Shifts

JUNE 4, 2021

Time to break that out again. It's generally accepted that keeping food costs around 28-35% is what it takes to run a profitable restaurant. Your inventory turnover ratio tracks how many times you sell out of your entire inventory over a given period. meaning you sold out of your entire inventory once during this period.

Point of Sale 416

Point of Sale Inventory Employee Relations Customer Service 416

Sling

JUNE 24, 2022

Worker’s compensation claims Health insurance forms Accident reports Emergency contacts Doctor’s notes for excused absences Insurance beneficiary information Family and Medical Leave Act paperwork Medical leave requests. These codes should refer to the length of time you have to store the records before you can destroy them.

Document 78

Document Certification Employee Relations Restaurant Law 78

Society Insurance

SEPTEMBER 14, 2022

Use the broad term of the hiring team when referring to whose decision it was to not move forward, to keep it broad enough that it doesn’t feel like it is a person to person rejection, but a company- person rejection. While it isn’t always rational, rejection can be very hard to get over and not take personally for anyone. Thank Them!

Recruiting 52

Recruiting Hiring Reference Customer Experience 52

Modern Restaurant Management

DECEMBER 10, 2019

A cash flow shortage occurs when more money is flowing out of the business than is flowing into it. To overcome your restaurant's cash flow crisis, you need to be ready to take action to save your business from an ultimate demise. You can also refer to this guide to learn more about managing cash flow.

Cash Management 124

Cash Management Seasonal Menu Social Media Small Business 124

Apicbase

AUGUST 17, 2022

Quite simply, this refers to hackers’ attempts to compromise or steal data from your systems and networks. You might not want to splash out on new tech, but the alternative is much worse. Keep an Eye Out for Phishing. Get Cybersecurity Insurance. What Is a Cyber Attack? Many businesses are learning the hard way.

Email Marketing 52

Email Marketing Insurance Small Business Customer Service 52

Sling

MARCH 26, 2022

Things like health insurance, life insurance, a 401k, and other fringe benefits can help motivate your employees to stay with your business longer. And it means taking the lead to solve problems for the benefit of your business as a whole. Competitive pay is certainly a significant part of what drives employee retention.

Small Business 148

Small Business Employee Relations Leadership Tip Distribution 148

Restaurant365

MARCH 15, 2022

200 is an amount that will motivate most hourly employees to refer their friends. When you think about the turnover cost, it’s critical to hire the right employees out of the gate. If you can’t afford a full health insurance package, consider benefits that are popular among many restaurant employees, such as: Same-day pay.

Hiring 78

Hiring Cash Management Insurance Communication 78

Sling

JUNE 1, 2021

In this article, we take an in-depth look at why prime cost matters for your restaurant, how to calculate it, and the best way to keep it under control. A food truck owner wants to know how business went last month, so they set out to calculate their restaurant’s prime cost. What Is Prime Cost?

Food Truck 78

Food Truck Transportation Definition Food Supply 78

Restaurant Engine

APRIL 14, 2021

Picking out a food truck that meets your needs can jump start your business. If so, check out this article where we uncover how to pick the right one. For example, a trailer may have lower startup costs and lower insurance rates. Check out the air conditioning as it’s going to get hot inside. Fresh water is a must.

Food Truck 59

Food Truck Food Customer Experience Mobile Ordering 59

Restaurant365

AUGUST 25, 2020

Cash flow refers to the amount of cash coming into your restaurant minus the amount of cash going out on a daily, weekly or monthly basis. Solving this challenge requires taking steps that will either increase cash flow or decrease overhead costs, and ideally, both. Common fixed costs include: Rent, insurance, and property tax.

Cash Management 97

Cash Management Seasonal Menu Inventory Email Marketing 97

Touch Bistro

AUGUST 11, 2021

When your business is located in an affected region, the federal minimum wage takes a back seat to the state or city rate. if the company provides health insurance). You’ll also need to adjust payroll for higher contributions to workers’ compensation and liability insurance. Your challenge is to figure out how to deal with it.

2021 98

2021 Restaurant Law 2022 Seasonal Menu 98

BNG Point of Sale

SEPTEMBER 2, 2021

Overhead costs refer to ongoing expenses such as advertising, utilities, and rent which make running an eatery possible in addition to raw materials and food for goods production. . The costs in this budget include the rent payments, the salaries, insurance, property taxes, and everything else. Business insurance . Salaries

Employee Relations 52

Employee Relations License Point of Sale Food Supply 52

Sling

JANUARY 10, 2021

Let it get out of hand and your bottom line will suffer. Restaurant payroll — or just payroll by itself — is an umbrella term that refers to multiple aspects of your business, including: The group of individuals you employ (as in, “Chuck, Sarah, and Casey are on the payroll.”) What Is Restaurant Payroll? 2) Calculate Gross Pay.

Tip Distribution 78

Tip Distribution Restaurant Law Definition Insurance 78

EATER

MAY 22, 2020

So far, the federal government has failed to mandate any meaningful protections for grocery workers — and, as Mother Jones points out , only a “handful” of states have taken action themselves, some mandating masks for workers, shoppers, or a combination of the two. The rules are out the window,” a store supervisor in Texas told BuzzFeed News.

Employee Relations 145

Employee Relations Food Safety Website Management Social Media 145

EATER

JUNE 24, 2021

On June 1, with Pride Month in full swing, Uber rolled out Right to Pride , an initiative designed to “empower a better experience for our LGBTQIA+ community, and particularly the transgender community,” according to the company’s website. Shutterstock. Transgender drivers say their safety concerns have gone unchecked.

License 97

License Food Safety Delivery Insurance 97

Sling

JANUARY 10, 2023

If it’s something small like forgetting to have an employee fill out the emergency contact form, it’s not a big deal and likely won’t detract from the first-day experience. This fact highlights the importance of taking the time to create your own unique, detailed checklist. Don’t just write “First day” and leave it at that.

Employee Relations 78

Employee Relations Hiring Small Business Communication 78

The Restaurant Times

AUGUST 5, 2022

Keeping track of your numbers and Key Performance Indicators (KPIs) will not only help you in taking timely action but also point out specific areas that need immediate improvement. With accurate accounting methods, you can have a much better understanding of the ins and outs of your business and discover new trends in your industry.

Cash Management 52

Cash Management Point of Sale Inventory Employee Relations 52

MBB Hospitality

MAY 29, 2019

If you have difficulty in choosing the best kind of food establishment to venture into, check out our list of unique small restaurant ideas to point you towards the right direction. Aside from stressing out your kitchen staff, this will also dilute your restaurant’s branding. Take care of financial and legal requirements.

Small Business 40

Small Business Food Supply Fast Casual Fine Dining 40

BNG Point of Sale

AUGUST 27, 2021

With reduced profit margins, it can be tough to stay afloat, let alone branch out into other ventures and live up to your end of the bargain when franchising. Cost of Goods: The total cost of the inventory utilized to produce food and beverage items during a certain period is referred to as the cost of goods sold (CoGS) in this context.

Point of Sale 52

Point of Sale Social Media Customer Service Online Ordering 52