From the category archives: Insurance Protection Blog

Restaurant

5 Pain Points that all Restaurant Owners deal with

Written by on 1/18/2019 6:41 AM . It has 0 Comments.

Overcoming the 5 Pain Points of a Restaurant Owner Do you own and/or run a restaurant? Do you know your biggest challenges? And how you plan to tackle them? Although every restaurant operation is different, research says that staffing is the top pain point for restaurateurs, followed by high operating and food costs in second place, and attracting and retaining customers third. To these, we'd add a fourth: The demands of complying with rules and regulations, and increasingly stringent hygiene inspections.  And a fifth: Using technology and other trends to best effect in your business. In our experience, overcoming obstacles within your restaurant largely boils down to successfully tacking these five issues. That's no mean feat. Let's take a close look at some of the strategies a restaurant owner or manager might adopt to deliver on them. Recruiting, Training and Retaining Great Restaurant Employees Front of house employee turnover can run to well over 100% a year. That means that, on average, ...


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Is your Restaurant fully insured?

Written by on 9/11/2018 12:11 PM . It has 2 Comments.

Get the Buzz about Insurance in the Texas Restaurant Biz Entrepreneur and author Richie Norton once wrote (in his book The Power of Starting Something Stupid) that procrastination is "like going to a fancy restaurant and filling up on bread and not leaving enough for dinner." Very funny. But if you're actually in the restaurant business -- or thinking about it -- procrastination, the avoidance of making a decision, has very serious implications when it comes to the topic of buying insurance. Dining out, whether it's at a fast food burger joint or a Michelin starred restaurant is growing fast in popularity. But with that growth come new and bigger risks. In the haste to serve your growing horde of customers, beat your competitors and earn a good profit, there's an increasing danger that you might overlook the protection you need to secure the future of your business. It's maybe not that you totally forget about insurance -- although that happens -- but you procrastinate ...


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