Commercial Auto Insurance Covers data breaches, hacking, or other cyber incidents, including customer data loss and associated legal costs. Equipment Breakdown Insurance Equipment Breakdown Insurance Equipment Breakdown Insurance Covers the cost of repairing or replacing equipment that breaks down due to mec...
1. Health insurance With entry-level positions averaging$29,233per year, healthcare costs could be devastating for some of your employees. While there is no legal obligation to provide such insurance if you employless than 50full-time employees, this can still be a huge benefit to include if...
Why it’s vital to have a system to trackrestaurant costs…now more than ever!!! The current economic downturn has caused many good, quality restaurants to go out of business. With food costs, employee theft, and employee costs on the rise, restaurants without good systems in place are lef...
Nationally, restaurant insurance costs have been rising for years - and rising faster than most other line items on your P&L. As a result, the National Insurance Marketplace allows Restaurant Owners to evaluate alternate options and solutions more efficiently....
Equipment Breakdown Insurance for Restaurants Restaurants rely heavily on specialized equipment. If vital machinery like ovens or refrigerators break down, equipment breakdown insurance covers repair or replacement costs. This coverage ensures that your restaurant can continue operating smoothly without the fin...
Restaurant fixed costs are all the costs that aren't directly tied to sales. For example, your lease and your insurance premium remain the same from month to month, whereas the cost of a case of tomatoes can change from one week to the next. That’s why leases and insurance are fixed...
8. Organisational and Development Costs This part might be the least enjoyable aspect of starting a restaurant, but it is essential. You need to ensure that all necessary restaurant licenses and permits are acquired and fees paid, insurance premiums deposited, and have covered utility deposits for...
In either case, whether you choose to buy or renew, you'll still be responsible for your own insurance. Employee salaries –your employees are integral to your operation and need to get paid, so make sure your business budget includes restaurant labor costs. You're looking at $28,000 to ...
Client advocate and advisory • Manage claims process • Utilize claims leverage with insurers • Negotiate claims and defense costs resolution About Aon Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions...
Restaurant Scenario Slices Into Profits, Beefs Up Insurance; Clinton Health Plan Raises Costs But More Workers Are CoveredRuth Marcus