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Leveraging POS Systems to Future-Proof Your Restaurant and Maximize Profits

Modern Restaurant Management

To combat these obstacles among countless others, leaning on point-of-sale (POS) solutions can empower restaurants to quickly leverage new features to maximize profits in a fluctuating service economy. Maximizing your POS system would make your restaurant more competitive in a market that is struggling to retain workers.

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The State of Full Service Restaurants

Modern Restaurant Management

Seventy-four percent of full service restaurants (FSRs) managed to maintain or increase their sales during the pandemic; however, profit margins in 2021 declined to 10 percent, compared to 12 percent in 2019, according to third annual State of Full Service Restaurants Report released by TouchBistro.

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Surgical Pricing Strategies: How QSRs Can Navigate Inflation

Modern Restaurant Management

Using the QSR traffic and sales data Revenue Management Solutions (RMS) has been gathering for 25-plus years, our analysts recently completed an exhaustive comparison of pre and post-pandemic data, comparing the first two quarters of 2022 and 2023 to the same period in 2019. Since 2019, however, QSR traffic has been down nearly 20% (18.4

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Quick Facts About the Restaurant Revitalization Fund (RRF) Process

Modern Restaurant Management

For some business types, at least 33 percent of 2019 gross receipts must have comprised on-site sales to the public. Check with your POS system vendor or merchant processor, go directly to the SBA website, or call the SBA. Calculation 1: Applicant was in operation prior to January 1, 2019. How much can I get?

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2019: A Year in Review

7 Shifts

We may be well into the new year, but that doesn’t mean we can’t take a moment to celebrate 2019. Restaurant operations management became easier for tens of thousands of restaurants when we introduced a number of new integrations for both POS and payroll systems. It was a landmark year for 7shifts—and for restaurants.

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The Unlikely Perks of a Larger Restaurant Space

EATER

Organize all your orders dine-in, online, and third-party and fulfill them in a flash, right from your POS. The restaurant, with its then-$55 and -$80 tasting menus, was a food-media darling: In 2019, it earned a Michelin star and topped the Los Angeles Times 101 Best Restaurants list. Subscribe now for more stories like this.

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How Our New Concept Brought In 30 Percent More Guests

EATER

Organize all your orders dine-in, online, and third-party and fulfill them in a flash, right from your POS. This send is the second of a four-part series on restaurant growth, presented by Square. Subscribe now for more stories like this. In March, the restaurant group announced a forthcoming second location.

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