Starting your own food truck business is a venture that is equal parts exciting and nerve-racking. With all the moving parts that need to be addressed, you have to think of everything before it happens. From hiring employees to finding the right truck for the job, you will have a lot of work to do. …
Restaurant Insurance
What Does Equipment Breakdown Insurance Cover?
If you own a restaurant, office building, or any other type of commercial business that uses costly equipment, having equipment-breakdown insurance is a must. Equipment insurance is a type of business insurance that covers the cost to repair broken commercial equipment, as well as the loss of …
Do Restaurant Franchise Owners Need Restaurant Insurance?
Many entrepreneurs choose to purchase a franchise instead of starting a business from scratch. While there are many reasons for this, one of the biggest is the cost savings. Purchasing a franchise is often cheaper and it already comes with a loyal following, which takes some of the marketing load …
Why the Blackouts in NY Should Raise Concerns for Restaurants
On July 13, 2019 at approximately 7 PM EDT, the West Side of Manhattan in New York City experienced an unexpected power failure that lasted about five hours before power was fully restored. This power failure affected more than 73,000 customers. The power outage occurred on the 42nd anniversary of …
Common Restaurant Liabilities & Risks
The restaurant industry’s projected sales for 2019 is $863 billion, according to the National Restaurant Association. As one of the most lucrative business types in the world, owning and operating a restaurant can bring about many rewards. It can also be quite risky if you do not establish the …
Top 7 Tips for New Restaurant Owners
Opening a new restaurant can be an exciting endeavor that opens up countless opportunities for growth and brand establishment. The long-term success of a restaurant is dependent on many things, ranging from customer satisfaction to the security of your business. As new restaurants are constantly …