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Impact of Minimum Wage Hike on Restaurants

Restaurants

Impact of Minimum Wage Hike on Restaurants

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 [...]

By adminipoa|August 15th, 2014|Categories: Restaurants|Tags: casual dining insurance, Employment Practices Liability, fine dining insurance, minimum wage hikes, national chain insurance, Restaurant Insurance, restaurant liability insurance, restaurant property insurance, RestaurantPro, Seattle minimum wage hike, wage and hour disputes|

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Insuring Restaurants As Sector Sees Continued Growth Across the Country

Insurance Market, NationalPropertyPro, Restaurants

Insuring Restaurants As Sector Sees Continued Growth Across the Country

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 [...]