Food trucks are quickly growing in popularity within the food industry, but a lot of food truck operators (and even some insurance agents) aren't sure what type of insurance coverage is needed. If something goes wrong and food truck insurance coverage is inadequate, even the most successful food truck will find themselves out of business. [...]
Beginning January 1, 2015, establishments located within Federal OSHA jurisdiction must comply with new, expanded recordkeeping requirements. Establishments located in states operating their own safety and health programs should contact the appropriate state authority to determine the start date for the new requirements. Under the new reporting requirements, employers must report the following to OSHA: [...]
There has been a lot of talk about how the minimum wage increase in states throughout the country will affect the restaurant business. Most recently, Seattle raised its minimum wage to the highest in the country, from $9.50 to $15 per hour. This has caused a great deal of concern specifically for franchised restaurants and [...]
The National Restaurant Association (NRA) recently released its forecast for the restaurant industry citing that 2014 will mark the fifth consecutive year that this niche will experience sales growth – even in our continued challenging economic landscape. In fact, industry sales are projected to exceed $683 billion in 2014, up 3.6% from 2013’s sales volume [...]
Commercial real-estate loans are up 3.3% from last year according to research firm SNL Financial. In fact, banks across the country had $991.2 billion in total commercial real-estate loans as of June 30th. This includes lending developers and owners capital for properties, from office buildings to shopping centers, warehouses and apartments, thanks to rising real [...]
