When running a restaurant, you’re not just feeding patrons’ hunger; you’re also navigating a complex world of liabilities and risks that can threaten the very core of your business. Insurance isn’t just a safety net; it’s an essential part of your operational toolkit. In this comprehensive guide, we’ll peel back the layers of what restaurant insurance cost entails, how costs are calculated, and strategic ways to manage these expenses. The Importance of Insurance for Restaurants Before we jump into costs, it’s critical to understand why insurance is non-negotiable for restaurants. Beyond being a legal and regulatory requirement in many places,…
