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 146

Insurance Serving 2006 Sustainability 146

Hospitality Insurance Group

JANUARY 6, 2021

Hospitality Insurance Group is launching a new program that will give bars, restaurants, and any other eligible liquor liability policyholders more flexibility in how they pay their insurance premiums. said Sandra Haley, Senior Vice President of Underwriting and Marketing at Hospitality Insurance Group.

Insurance 114

Insurance Hospitality Cash Management Bar 114

Modern Restaurant Management

MAY 1, 2023

That's why it's essential for restaurants to consider cyber liability insurance. Cybercriminals may use malware to steal sensitive information, encrypt files, or take control of restaurant systems. With cyber liability insurance, the costs of hiring attorneys and other legal expenses can be covered.

Insurance 204

Insurance Email Marketing Employee Relations Customer Experience 204

Modern Restaurant Management

JULY 28, 2020

Businesses that benefited from PPP loans were required to meet the “necessity certification” requirement and consider alternative sources of liquidity, while also taking into account “affiliated” businesses, prior to submitting a loan application. Have 500 or fewer employees, taking into account any and all affiliates.

Insurance 162

Insurance Certification Audits Small Business 162

Modern Restaurant Management

DECEMBER 21, 2023

Taking proactive measures and having plans in place will allow your business to react quickly to help minimize the impact of an emergency. Let us pass on the knowledge and expertise that we have gained in our 100+ years in the insurance business, so you can take a few things off your plate – and gain peace of mind.

2024 190

2024 Kitchen Safety Cash Management Insurance 190

The Food Corridor

SEPTEMBER 14, 2020

The way to mitigate the risk is to take out a robust insurance policy. However, anyone who’s dealt with an insurance broker probably knows how painful this experience can be. First, you fill out an application form, which asks you for every detail of your business history from the last decade.

Insurance 52

Insurance Food Truck Food Catering 52

Modern Restaurant Management

DECEMBER 27, 2023

Another growing risk: nuclear verdicts over dram shop law violations, driving up the costs of liquor liability insurance. Those restaurant organizations that closely monitor and manage such existing and emerging risks will be best positioned to ride out the turbulence. Here’s an overview. No surprises.

2024 118

2024 Insurance Recruiting Restaurant Law 118

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. Take a buddy). The actions you take at this point can resolve a potential conflict before it ever arrives. Patrick’s Day and year-round.

Bar 180

Bar Insurance Restaurant Law Point of Sale 180

Modern Restaurant Management

JUNE 14, 2022

Most restaurants, however, cannot use these cost shifting strategies; they offer a minimum value plan where the employee premiums and out-of-pocket limits are based on limits dictated by the Affordable Care Act (ACA). Stop loss coverage : A self-insured plan will need protection from high-cost claims, i.e., stop loss insurance.

Insurance 183

Insurance 2022 2023 Article 183

Modern Restaurant Management

JULY 16, 2021

The restaurant industry isn’t totally out of the coronavirus pandemic woods yet, but those that have survived this long have proved their resilience and agility in adapting to once-in-a-lifetime (hopefully) circumstances. The carryout-only brand of It’s Just Wings, operating out of Chili’s kitchens. Apparently.

Management 190

Management Management Insurance Kitchen Safety 190

Modern Restaurant Management

APRIL 23, 2024

With Sexual Assault Awareness Month (SAAM) in April, it’s time to develop new policies and take a harder look at existing ones. Most importantly, it is in your best interest to consult with an attorney in your state to review and discuss your sexual harassment policy in detail before rolling out to employees. Look no further.

Insurance 101

Insurance Restaurant Law 2024 Brewery 101

Modern Restaurant Management

SEPTEMBER 29, 2023

” Society Insurance has been working alongside business owners for more than a century, seeing first-hand the devastating effects a fire can have on the establishments that make communities great. When it comes to your expensive equipment, don’t take shortcuts. “FIRE!

Bar 190

Bar Kitchen Safety Equipment Insurance 190

7 Shifts

MAY 17, 2022

The employees aren't helping each other out. We spoke to leaders at each one of these brands to find out what they do to both build and reinforce great restaurant culture. And let's see if you can work out a schedule that works for you' instead of it just being 'here's [the] schedule, take it or leave it.'” Picture this.

Insurance 370

Insurance Leadership Customer Experience Sports 370

Modern Restaurant Management

DECEMBER 21, 2023

Maintaining relationships with your local breweries, taking intentional steps to partner with local creators and working together to create experiences for on-premise customers will pay dividends for the on-premise draft program. Why such a “hard” insurance market?

2023 124

2023 2024 Insurance Employee Relations 124

Modern Restaurant Management

NOVEMBER 16, 2021

On a basic level, stop loss insurance provides protection against catastrophic or unpredictable losses. A basic rule of insurance is that over time, the less insurance purchased will result in a lower cost. Stop Loss Coverage Is Risk Management. a lower deductible).

Insurance 202

Insurance Cash Management Healthcare Innovation 202

7 Shifts

APRIL 24, 2020

With most restaurants operating on dine-out only, and many having closed their doors, restaurant staff are left with hours reduced—or out of a job entirely. Contact your state’s unemployment insurance program to apply for your benefits. Follow the steps below to figure out how you’ve been spending your money.

Social Media 352

Social Media Insurance Website Management Government 352

Modern Restaurant Management

DECEMBER 31, 2020

In that case, there may not be any insurance outside the driver’s personal auto insurance. If you’re contracting with a third-party delivery service, let your insurance agent know. Your agent can review the contract to determine what types of insurance you may need to protect your restaurant.

Delivery 231

Delivery Insurance Customer Service Online Ordering 231

Modern Restaurant Management

OCTOBER 3, 2022

An internal study with Society Insurance policyholders who experienced fires found that the majority of fires were due to cooking equipment, costing in excess of $5.4 When it comes to your expensive equipment, don’t take shortcuts. billion in direct property damage (55 percent). The Best Offense Is a Defensive Kitchen.

Kitchen Safety 213

Kitchen Safety Equipment Insurance Restaurant Law 213

7 Shifts

AUGUST 23, 2023

We created Tip Payouts because we felt there should be an easier, faster way to pay out hard-earned tips. By automating tip calculations and instantly paying out tips to employees digitally, managers save precious time from eliminating cash runs and counting. Tip Payouts is less than half the cost of our previous vendor.

Tip Distribution 195

Tip Distribution Cash Management Restaurant Law Insurance 195

Society Insurance

NOVEMBER 15, 2022

Items you find on a closing checklist might include, but are by no means limited to: Tasks for Front-of-House Staff: Making sure servers have closed their tables properly and have cashed out for the night. Taking out the trash and securing the garbage or dumpster area to keep pests and critters away. Energy Savings.

Front of House 97

Front of House Food Safety Cash Management Back of House 97

Modern Restaurant Management

NOVEMBER 17, 2020

It’s a lawsuit under Part B of workers’ compensation insurance – a claim of “willful neglect” that has been rare until this year. And document every action you take to support a safe workplace. Take a hard look at your workers’ compensation strategy. Think wellness. Claims management counts.

Insurance 208

Insurance Employee Relations Food Safety Document 208

Modern Restaurant Management

JULY 9, 2020

Restaurants in particular have been dealt a harsh blow, as many have been forced to shutter their dining areas and bars, and solely rely on take-out and delivery orders. For many, the next logical step in this situation has been to file a claim with their insurance company. Track Your Financial Losses.

Insurance 171

Insurance Small Business Government Take-out 171

Modern Restaurant Management

SEPTEMBER 30, 2021

Society Insurance has been working alongside restaurant owners for more than a century, seeing first-hand the devastating effects a fire can have on the establishments that make communities great. When it comes to your expensive equipment, don’t take shortcuts. The Best Offense Is a Defensive Kitchen. Class K Gets the A.

Kitchen Safety 180

Kitchen Safety Insurance Equipment 2012 180

7 Shifts

JANUARY 10, 2024

Coming out of the pandemic, many restaurants switched to charging a service fee to compensate staff instead of relying on the tip credit. (If We really wanted to take care of [staff].we One thing that came out of that was using a service fee to pay staff a living wage. There’s also no deduction for credit card fees or tip outs.

FOH 221

FOH Front of House Customer Service Back of House 221

Modern Restaurant Management

SEPTEMBER 24, 2021

To avoid this, you can take steps to ensure that every delivery is handled in a consistent manner. As Hertzberg explains, “The lower fees [when providing your own drivers] are positive, but the staffing and labor issues, mixed with insurance and liability, tend to make it a near break-even scenario.”

Delivery 215

Delivery Insurance Online Ordering Uniforms 215

Sling

OCTOBER 7, 2023

At first glance, figuring out how to start a cleaning business may seem like an impossible task. Take the time to learn as much about the cleaning industry as possible, including answers to questions like: Is there a need for cleaning services in your area? How long does a standard cleaning job take to complete?

Insurance 78

Insurance Advertising Customer Service Website Management 78

Sling

NOVEMBER 23, 2023

But, by dividing the process into distinct stages and taking it one step at a time, you may find that it’s a lot easier than you thought. Some services absolutely demand special equipment (and even special training), and offering them right out of the gate can put a serious dent in your startup capital.

Insurance 78

Insurance Equipment Customer Service Hiring 78

7 Shifts

NOVEMBER 23, 2023

Recommended Reading: 7 Signs Your Restaurant's Payroll Company Isn’t Working Out Choose a new payroll provider After evaluating your current payroll system, you've gained insights into its strengths, weaknesses, and areas needing improvement. Now it’s time to research new providers, taking into account your learnings.

Download 221

Download Employee Relations Demo Customer Service 221

7 Shifts

NOVEMBER 22, 2021

It also requires money to open a restaurant and build it out, buy equipment and finance the operation until it reaches break-even. Competitive Analysis : document local competitors and show how you will be able to carve out a niche in your market. This means the bank is partially "insured" in case somebody is unable to repay them.

Document 393

Document Cash Management Small Business Take-out 393

7 Shifts

APRIL 7, 2021

In some cases, the employer will also educate employees on outside resources like life insurance, homeowners insurance, and even home warranty services. Take this opportunity to prioritize the uniqueness of each position and how they benefit the restaurant as a whole.

Training 370

Training Food Safety Customer Experience Insurance 370

7 Shifts

MAY 1, 2024

Record your sales daily One of the first steps you should take in your restaurant bookkeeping process is recording your sales daily, ensuring your accounting records are up to date. It would be ideal to have two of your staff members take the inventory separately so they can compare the data they have afterward.

Cash Management 221

Cash Management Inventory Employee Relations Beverage 221

7 Shifts

JANUARY 10, 2024

Coming out of the pandemic, many restaurants switched to charging a service fee to compensate staff instead of relying on the tip credit. (If We really wanted to take care of [staff].we One thing that came out of that was using a service fee to pay staff a living wage. There’s also no deduction for credit card fees or tip outs.

FOH 195

FOH Front of House Customer Service Back of House 195

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? What Is Coinsurance?

2022 52

2022 Insurance Small Business Reference 52

Buzztime Business

JUNE 2, 2023

Swap out ladylike mimosas for one of these 26 beer cocktails. 9) A Gift That Keeps Giving… Help Dad’s fan club out by promoting great gift ideas. The National Retail Federation found that the most popular 2018 Father’s Day gifts are “special outings” and experiences. 12) Desserts for Dad: Take a Cue from…Santa?

Bar 147

Bar Social Media Insurance Sports 147

Modern Restaurant Management

APRIL 13, 2022

At the end of 2021, four out of five restaurants reported facing a staffing shortage due to reduced operating hours and dining capacity. Additionally, many restaurants are expanding to include traditional benefits such as health insurance and retirement savings plans.

POS 216

POS Food Supply Mobile Ordering Point of Sale 216

Modern Restaurant Management

FEBRUARY 22, 2022

Ahead of Employee Appreciation Day (March 4), Society Insurance put together a list of employee recognition ideas. Not every employee wants a bottle of wine or a coupon but rather some time off or even just shout outs for accomplishments. At these events, you can take the appreciation to a whole other level if executives attend.

Cash Management 209

Cash Management Merchandise Front of House Coupons 209

Society Insurance

MARCH 8, 2023

If your school provides networking events, take advantage of as many events as possible. If you haven’t learned about benefits during any of your courses, take this time to research and understand employer benefits, especially 401k. Check out our article on it. Want to learn more about overcoming imposter syndrome?

Insurance 105

Insurance Certification Education Employee Relations 105