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How To Increase Restaurant Sales: 20 Proven Tips & Tactics

7 Shifts

This is a restaurant revenue management strategy that can help ensure optimal ingredient usage and prevent over-portioning. It can also be a great step to creating more accurate inventory management! The food delivery app industry is expected to be valued at a whopping $165 billion by 2029.

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How to Grow Your Catering Business

Goliath Consulting

Catering has grown significantly over the last few years thanks to the widespread demand for this one word: convenience. Whether they be for office parties, conferences, birthdays or weddings, catering profits from the promise of efficiency, safety and most importantly—safe of mind. EXPLORE NEW CATERING VERTICALS. by Bora Kang.

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9 Top Restaurant Technologies To Evolve Your Business

7 Shifts

After that, the most popular back-office technologies were accounting software (55%), mobile payments (52%), and third-party food delivery services (51%). Delivery, scheduling, inventory management, reservations, and guest management have seen technological advancements over the past few years, and it's just the beginning.

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How Consumers Engage with QSRs

Modern Restaurant Management

There is one caveat: Gen Z consumers equally prefer using a restaurant’s mobile app or website, an option firmly ranked in second place for all other generations. However, Millennials were also more likely to cite loyalty points and special offers as a reason for using this option.

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Restaurant Management: A Recipe for Success

Focus POS

A Recipe for Successful Restaurant Management. Technology for Successful Restaurant Management. Keeping a restaurant successful heavily relies on restaurant management’s effectiveness. An efficient restaurant management system will offer streamlined processes for managing and fulfilling orders. Beat the Odds.

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The Complete Guide to Creating a Winning Restaurant Newsletter (+Real Examples)

7 Shifts

These can be customers that have the potential to order high-value items, customers that are receptive to brand loyalty marketing, and prospects that fit your business strategy related to location, demographics, and spending habits. Don't let your customers leave your website without offering value. Personalization is the key here.

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What is the Average Profit Margin for a Restaurant?

Restaurant365

Catering Services. Catering businesses range in size and business model, but generally, although CoGS may be the same between catering and FSR, catering can operate with much lower overhead costs. Profit margins average 7-8% for catering service businesses. Manage Your Online Presence.