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How Small Businesses Can Navigate Surcharges, Service Fees, and Junk Fees Law

SpotOn

Restaurants and other small businesses operate on slim margins. For this reason, many restaurants and other small businesses implement some kind of fee to offset operating expenses without skyrocketing prices for their customers. Of all service and convenience fees, surcharging requires the strictest rules.

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Restaurant Budgeting: How to Create A Restaurant Budget

7 Shifts

The restaurant business is one of the most competitive industries, and this shows in the fact that only 20% of restaurants succeed in the market. This includes: Net Sales: The total revenue derived from your sale of food and beverages. Managing a restaurant is not for the faint-hearted. Why should you create a restaurant budget?

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The Key Features of a Point-of-Sale System

BNG Point of Sale

There are many point-of-sale systems , but not all will suit your needs. Some systems work better for small businesses, while others are designed for large ones. You want something compatible with your type of business and has features that will help manage inventory, sales data, etc. How Do They Work?

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15 Strategies to Prepare for Small Business Saturday 2023

Get Beyond

Small Business Saturday isn’t just a day on the calendar. It’s a massive day for making sales. Small Business Saturday can be a huge opportunity to meet new customers and grow your business’s profile. This year, Small Business Saturday falls on November 25, 2023.

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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

Write a Coffee Shop Business Plan. This step and research component is the foundation behind your business, and should be taken seriously! Get to know your future customers, before they even step foot in your door. You may discover that your target customers enjoy an afternoon pick-me-up and are sensitive to price.

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How to Set Up Online Ordering for Restaurants

7 Shifts

While easy, this way ends up costing more in the short term, does not contribute to long-term growth, and can end up hurting your business. Native or first-party delivery doesn't rely on a separate service to take and send out orders. This comes with two huge advantages: high margins and owned customer data.

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2024 Outlook: Restaurant Trends and Challenges, Part Three

Modern Restaurant Management

QSRs Shift Focus from Slow-Paced Dining to Swift, Transactional Experiences Quick Service Restaurants (QSRs) are reimagining their dining spaces to prioritize speed, convenience, and personalization over traditional, slow-paced dining experiences. An issue that may arise from this in 2024 is data privacy.

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