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Post-Pandemic Insurance Liability Considerations All Restaurant Owners Should Be Aware Of

Modern Restaurant Management

Many restaurants turned to their insurance policies to provide protection for revenue reimbursement, (i.e., insurance proceeds for loss of revenue), but found the majority of insurance policies, unfortunately, did not / do not provide the coverage they anticipated. How Insurance Policies React.

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Assessing Coronavirus Insurance Coverage Risks for Restaurants

Modern Restaurant Management

For that reason, restaurant and business owners typically carry business income coverage, also referred to as business interruption coverage, which is insurance coverage intended to replace lost income in the event business is halted or interrupted for some reason, such as a natural disaster.

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Georgia Judge Serves Ruling for Restaurants Hoping Business Income Insurance Will Cover COVID-19 Losses

Modern Restaurant Management

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.

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Setting Up A Sustainable Food Truck In 2021

The Restaurant Times

Sustainability is a concept that has gained popularity everywhere, including in the restaurant industry. When it comes to food trucks, a lack of sustainability can give rise to multiple problems. Setting up a sustainable food truck is, therefore, a new concept. . 7 Ways To Set Up A Sustainable Food Truck.

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Winterizing Your Restaurant: Navigating Challenges and Ensuring Sustainability

The Rail

Obtain adequate insurance coverage : Forecasting can typically warn business owners when a major event is on the way; however, even the staunchest storm preppers can’t protect from every possible type of damage. You can and should be proactive with your sustainability efforts, especially public-facing ones.

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Safety Training and a Strong Safety Culture: The Recipe for Mitigating Restaurant Risk

Modern Restaurant Management

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.

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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. Mobile payments and contactless transactions are expected to remain at the forefront, reflecting the sustained demand for swift and secure payment methods. Why such a “hard” insurance market?

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